Dhan Trading App Review – Nowadays trading in the stock market has become very easy. For trading, you will find many Best Trading Apps on the Internet, with the help of which you can invest in the stock market. One of these trading apps that provides excellent and advanced features is the “Dhan App”.
Based on our research we have found that this is the best Share Market Trading App so far. Because of this, you have many great features like Technical Analysis, Trading View Chart, Market Order, Forever Order, Price Alert, Smart Portfolio, and Dividend Tracking available. This trading app has been specially designed keeping the needs of investors in mind.
If you do not know what is Dhan App then read this article completely, in this article we will tell you – What the is Dhan App, how to buy and sell shares in the Dhan App, what features Dhan App, how much is charged Dhan App, etc. So let’s know – what is Dhan Trading App.
What is the Dhan Trading App
Dhan App is an online stock trading and investment platform in India, where investors can easily invest in Equity, Options, Futures, Commodities, Currency, SIPs, ETFs and IPOs in the stock market by opening their Demat account.
In this app, investors get advanced Indicators and Tools for doing intraday trading and delivery trading, with the help of which investors can improve their investment planning by doing technical analysis of any stock.
Here investors do not have to pay any charges for opening and maintaining the demat account. Also, the brokerage charge is much less compared to other trading platforms. If we talk about earning money then apart from trading you also get Life Time Referral Income.
Dhan App has been downloaded by more than 1 million investors so far. Apart from this, the Dhan app also has collaborations with big companies like PhonePe, Meesho, Flipkart, and Dream11.
Dhan Trading App Features
Before using any trading app, one should know its features. There are some key features of Dhan Trading App, that make it different from other trading apps. Which is this way.
- Dhan App provides the facility to trade directly from the Trading View Chart.
- You can get immediate margin benefits by pledging your shares.
- After the stock market is closed you can place buy/sell orders for the next day.
- In a single click, you can reverse positions and save brokerage.
- You can create orders for many different stocks and place them in a basket order.
- To manage your risk, you can add stop loss to open positions.
- Before trading in any stock, you can calculate brokerage.
- You can make referral earnings by referring the Dhan App to someone else.
- In the Dhan app, you get great features like Dark Mode and Smart Search.
- To trade options, you get the facility to view the option chain.
- One can make systematic and regular investments in stocks through SIP.
- In the Dhan app, you can benchmark with 12 major stock market indices of India and track their returns.
- In this, you get to see a Trading View Chart, with the help of which you can do advanced analysis and trade.
- Dhan App offers you 24/7 customer support.
- Dhan App provides you with the facility of trading on different platforms like mobile app, desktop web and Trading View.
How to Use the Dhan App?
Till now we have learned about what is Dhan App and its features, now we will know how to download the Dhan App and which documents will be required to open a Demat Account.
How to Download the Dhan App?
You can easily download the Dhan app from the Play Store and Apps Store, if you are facing any problem in downloading, then you can download it by following the steps given below.
- Open the Play Store or Apps Store on your phone.
- After this, search by typing Dhan App in the search bar.
- After this Dhan App will appear in front of you, you have to click on the Install button.
- As soon as you click, the Dhan app will be downloaded in some time.
- In this way, you can download Dhan App by following the above steps.
Documents Required to Open an Account in Dhan Trading App.
To open a demat account in the Dhan trading app you must have the following documents.
- PAN Card
- Aadhaar Card
- Bank Passbook
- Phone Number
- Email ID
- Signature
How to trade in Dhan App
Dhan Trading App is a very advanced trading application, in which you get excellent features for trading, with the help of which trading becomes very easy. If you are new to trading, then you should first learn trading, and only then start trading.
To start trading in the Dhan App, first, open your Demat Account, you can use the Web, Android Application or iOS platform as your convenience to open the account.
After opening the Demat account, you want to invest the winning amount for trading. Add your balance to the Dhan App Wallet through UPI or Net Banking.
Now make a watchlist, in which add shares of your favourite companies. After this, based on the analysis, you can buy and sell the company’s shares in Intraday or Delivery Trading. Apart from this, if you do not want to take much risk, you can also invest in SIP here.
How to add money to the Dhan app?
To trade in Dhan App, first of all, you have to add funds. Which your bank account must be verified, which you must have done at the time of KYC. After this, you can deposit money through Net Banking (IMPS, RTGS, NEFT) or UPI.
Follow the steps given below to deposit the amount you want to start investing within the Dhan Trading app.
- To deposit money in your Dhan account, first open the Dhan app.
- After this click on the option of Money.
- Now enter the amount of money you want to add and click on the Top-up Funds option.
- Now you will see many options to add funds, such as UPI, Net Banking, IMPS, NEFT, RTGS, and Fund Transfer.
- Choose any e-payment option as per your convenience and click on the “Add Money to Account” option.
- After this, you will be redirected to the payment page.
- After this, you have to make the payment by entering your bank or UPI user ID and password.
- Once the payment is successful, the funds will be credited to your Dhan Trading app.
- In this way, you can start trading by depositing money in the Dhan app.
Dhan Trading App FAQS
Who is the Founder of Dhan App?
Praveen Jadhav is the founder of Dhan App.
When was the Dhan app founded?
Dhan app was established on 8 November 2021 in West Bengal.