Tradesmart Online vs Dhan – Compare Charges, Trading Features, Offers & more

Find a Comparison of Tradesmart Online vs Dhan here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Tradesmart Online and Dhan.

Background

Year of Incorporation 2015 2011
Website https://tradesmartonline.in/ https://dhan.co/
Phone 022-61208000 9987761000
Exchanges enabled NSE, BSE BSE, NSE, MCX
Demat (NSDL/CDSL) CDSL CDSL
Brokerage

Equity Rs 15 or 0.07% per executed order Rs 0 for Delivery & Rs 20 or 0.03% for Intraday
Equity Futures Rs 15 or 0.07% per executed order Rs 20 or 0.03% per executed order
Equity Options Rs 7 per lot Rs 20 per executed order
Currency Futures R15 or 0.07% of Turnover Rs 20 or 0.03% per executed order
Currency Options Rs 7 per lot Rs 20 per executed order
Commodity Rs 7 per lot Rs 20 per executed order
Account Opening Costs

Trading only Rs 400 Free
Trading & Demat Rs 400 Free
Commodity NA Rs 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% of Turnover 0.00325% of Turnover
Futures 0.0024% of Turnover 0.0019% of Turnover
Options 0.0715% of Premium Turnover 0.05% of Turnover
Commodities NA 0.05% of Turnover
AMC charge Rs 300/yr Rs 0
DP Transaction Charge Rs 15/debit instruction Rs 9 + GST
Offline order placing Charge Rs 20/executed order 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 days on NOW 7 Days
End of Day 10 days on NOW 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x for intraday 1x on Delivery & upto 5x on Intraday
Equity Futures 2x for intraday 1x
Equity Options No Margin 1x
Currency Futures 2x for intraday 1x
Currency Options No Margin 1x
Commodity 1x 1x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 4 Lakhs Rs 42.31 Crores
Profit after Tax FY12/13 Rs 17 Lakhs Rs 79.41 Crores
Profit after Tax FY13/14 Rs 23 Lakhs Rs 56.67 Crores
Profit after Tax FY 14/15 Rs 23.14 Lakh Rs 57.22 Crores
Profit after Tax FY 15/16 Rs 33.53 Lakh Rs 82.85 Crores
Profit after Tax FY 16/17 Rs 35.78 Lakh Rs 68.40 Crores
Profit after Tax FY 17/18 Rs 38.81 Lakh Rs 72.18 Crores
Profit after Tax FY 18/19 Rs 40.22 Lakh Rs 79.26 Crores
Profit after Tax FY 19/20 Rs 46.22 Lakh Rs 88.01 Crores
Profit after Tax FY 20/21 Rs 49.57 Lakh Rs 95 Crores
Profit after Tax FY 21/22 Rs 54.47 Lakh Rs 91.43 Crores
Profit after Tax FY 22/23 Rs 66.68 Lakh Rs 93 Crores
Debt FY11/12 Rs 8.7 Lakhs Rs 12.22 Lakhs
Debt FY12/13 Rs 6 Lakhs Rs 20.30 Lakhs
Debt FY13/14 Rs 3.05 Crores Rs 28.60 Lakhs
Debt FY14/15 Rs 4.69 Crore Rs 25.15 Lakhs
Debt FY15/16 Rs 4.26 Crore Rs 19.36 Lakhs
Debt FY16/17 Rs 3.27 Crore Rs 24.23 Lakhs
Debt FY17/18 Rs 4.20 Crore Rs 28.96 Lakhs
Debt FY18/19 Rs 4.03 Crore Rs 27.64 Lakhs
Debt FY19/20 Rs 4.04 Crore Rs 24.17 Lakhs
Debt FY20/21 Rs 4.77 Crore Rs 32.46 Lakhs
Debt FY21/22 Rs 4.07 Crore Rs 38.52 Lakhs
Debt FY22/23 Rs 3.81 Crore Rs 36.35 Lakhs
Profit to Equity(%) FY11/12 0.99 20.13%
Profit to Equity(%) FY12/13 2.63 21.22%
Profit to Equity(%) FY13/14 3.54 20.51%
Profit to Equity(%) FY14/15 7.67 18.23%
Profit to Equity(%) FY15/16 5.79 18.75%
Profit to Equity(%) FY16/17 5.11 17.49%
Profit to Equity(%) FY17/18 8.16 17.54%
Profit to Equity(%) FY18/19 5.10 18.53%
Profit to Equity(%) FY19/20 8.87 18.09%
Profit to Equity(%) FY20/21 5.50 16.71%
Profit to Equity(%) FY21/22 7.42 20.30%
Profit to Equity(%) FY22/23 6.08 21.18%
Balance Sheet Size FY11/12 Rs 9.26 Crores Rs 28,562.79 Crores
Balance Sheet Size FY12/13 Rs 9.28 Crores Rs 34,056.66 Crores
Balance Sheet Size FY13/14 Rs 22.35 Crores Rs 38,184.80 Crores
Balance Sheet Size FY14/15 Rs 24.88 Crore Rs 41,932.39 Crores
Balance Sheet Size FY15/16 Rs 27.85 Crore Rs 52,467.62 Crores
Balance Sheet Size FY16/17 Rs 43.79 Crore Rs 74,976.32 Crores
Balance Sheet Size FY17/18 Rs 38.20 Crore Rs 73,952.01 Crores
Balance Sheet Size FY18/19 Rs 31.09 Crore Rs 80,997 Crores
Balance Sheet Size FY19/20 Rs 45.13 Crore Rs 64,023 Crores
Balance Sheet Size FY20/21 Rs 36.75 Crore Rs 86,951.55 Crores
Balance Sheet Size FY21/22 Rs 42.25 Crore Rs 91,751.78 Crores
Balance Sheet Size FY22/23 Rs 23.91 Crore Rs 95,994 Crores

Comparison Link:

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Frequently Asked Questions

Is Tradesmart Online better than Dhan ?

Tradesmart Online and Dhan are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Dhan better than Tradesmart Online ?

Tradesmart Online and Dhan are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Tradesmart Online cheaper than Dhan ?

Tradesmart Online and Dhan are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Dhan cheaper than Tradesmart Online ?

Tradesmart Online and Dhan are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Tradesmart Online vs. Dhan ?

To find out the better of the two stockbrokers Tradesmart Online and Dhan, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.