Dhani launches brokerage free trading platform

Dhani Stocks Ltd. which was earlier known as Indiabulls Securities Ltd. has released its trading platform on Wednesday. The best part is, it has no joining fees, no annual Maintainance fees, and is practically almost brokerage free. Almost because it will charge 0.01 of brokerage per order of across equity, future & options, intra-day and deliver. With this, it has become the lowest brokerage charging platform amongst others such as Kite by Zerodha, Angel One formerly known as Angel Broking, etc. With the increase in financial literacy, an increased tendency towards the share market as an investment option has been observed recently. This has led to the emergence of several trading platforms and increased competition between them in a bid to attract more users. To do so they have been rolling out lucrative offers from time to time along with reducing brokerage charges. Dhani has been expanding its business into different spheres of financial services. It earlier also released a product known as “Dhani One freedom card” which gives instant credit to the users. Also, it has started to offer its services in the healthcare sector in the form of its online pharmacy business.