Investing in the stock market is a great alternative to increase your wealth. If done right, it can prove extremely beneficial. Today, many investment apps and platforms are available on the internet that offers various features of the industry. One such app is Dhan. It is an all-in-one investment app that fulfills the requirements of the share market. Investing in stocks and knowing the latest updates is possible with Dhan. It is a convenient and user-friendly share market platform. The app has 500K+ downloads and has received 4.6 ratings on PlayStore.
App Features and Capabilities
Zero cost investment: Invest in the stock market without worrying about hidden costs with Dhan. It offers zero-cost services. Users don't have to pay Demat account fees, AMC, platform fees, brokerage for delivery trades, etc.
Wide variety: You can invest in stocks, futures, options, commodities, currencies, ETFs, and IPO.
Intraday fees: Customers only need to pay 20 rupees intraday fees per order at Dhan. Women investors on this platform can pay 10 rupees per order on F&O trades.
Instant Benefits: Dhan is the best and sorted share market investment platform which also allows you to claim instant benefits. Pledge shares and get margins benefits instantly. Investors can trade directly from TradingView charts.
Manage Risks: At Dhan, you can manage risks by carefully accessing the stock market trends and updates. Adding stop loss to open your positions will help you manage risks properly.
Helpful insights: Investors get qualitative and quantitative insights on companies that have been listed on the share market. This helps them to properly place their bets by contemplating the risks and benefits.
Instant notifications: You get regular notifications and alerts on your stocks if it crosses price and volume.
Create multiple orders: Dhan allows you to create multiple orders on the same stocks. It helps investors to club them together to basket the orders in one place.
Privacy goals: Investors' data at Dhan is always safe and also transmitted by prioritizing privacy. They are securely stored and Dhan doesn't share them with third-party.
Pros
Qualitative insights on stock market trends and listed companies.
Dhan has low-cost investment options to get started with absolutely no fees.
Regular reminders of the stock customers have invested in.
Track the performance of your stocks and also analyze the returns by using XIRR and CAGR.
You can invest in all 12 major indices available in the Indian stock market and track them as well. View and benchmark with Alphaview.
Dhan ensures 100% paperless KYC account opening within 10 minutes.
24/7 customer support is available and you can call or chat in case, you have queries.
Dhan follows all the rules and regulations of SEBI and Stock Exchanges.
Investors can invest in stocks, futures, commodities, and ETFs conveniently and securely.
View your technical analysis and performance.
Dhan is the improved version of online trading that promises a phenomenal experience.
Cons
The order execution takes a longer time than usual.
The Auto Time Frame of the app responds slightly slow.
Other Information to Know
Dhan is an all-in-one share market trading app that offers investing at Zero Cost in Stocks, Futures, Options, Commodities, Currencies, ETFs, and IPO.