@Dhan The Forever order in Dhan is similar to the GTT order in other apps but with a con. I have used GTT in Groww and it doesn’t mandate enabling DDPI. However, in Dhan, to use the Forever order, we need to enable DDPI. Groww lets you set a GTT order without enabling DDPI and for TPIN users, it’s just a verification done every day for the GTT to execute.
Can you please remove this requirement in Dhan and have it similar to how Groww has implemented the GTT? I am not comfortable enabling the DDPI, but I want to set a Limit order and not have it cancelled everyday.
Hey @nitishbangera,
Dhan’s Forever Orders are built for seamless execution, which is why DDPI is required for equity delivery holdings. However, for other segments like F&O, MCX and equity buy you can place Forever Orders without needing DDPI.
@Madiya_Khatri I know what they are built for. Other apps like Groww do not mandate DDPI and are still built to give a seamless execution. And bringing in F&O and MCX, not sure why. Ideally, Tpin and DDPI are needed only when we sell stocks which are in the Demat. It’s not needed for Intraday as well.
Can you please understand what my ask was and respond accordingly?
Hello @nitishbangera,
Yes, you’re right TPIN/DDPI is only needed for selling from the demat, not for intraday or F&O. At Dhan, DDPI is required for Forever Orders in equity delivery to ensure smooth execution without daily TPIN.
@Madiya_Khatri I am not sure I understand your term of smooth execution.
I believe it was my mistake putting this question in, along with an actual example from Groww. Anyway, thank you for your efforts in answering the question.