Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Broker review
Dhan review
Trader-focused app with deep TradingView integration
4.4/ 5App: 4.4/5
- Since 2021
- Delivery ₹0
- AMC ₹0 lifetime
Reviewed by LetsInvest Research DeskUpdated 24 Sept 2026Pricing verified 13 Sept 2026How we test
Fees & pricing4.5
Trading platforms4.7
Customer support3.8
Research & education3.0
Ease of opening4.4
Overview
Dhan is a newer discount broker built for active traders, with TradingView-powered charting, fast execution, baskets, and a well-regarded options-trading experience.
Best for: Active F&O and intraday traders who live in charts.
Pros & cons
What we like
- Excellent options-trading and charting UX
- Free account opening, zero AMC positioning
- Trader-first feature velocity
- Clean modern interface
Watch out for
- Young broker — shorter track record
- Advisory is light — platform-first, not full-service
- Mutual-fund experience is secondary
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- ₹0 (free)✓ Verified 13/9/2026Source: Dhan pricing page · Static-verified
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- ₹0 lifetime✓ Verified 13/9/2026Source: Dhan pricing page · Static-verified
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- ₹0✓ Verified 13/9/2026Source: Dhan pricing page · Static-verified
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹0 or 0.03% per order✓ Verified 30/9/2026Source: Dhan brokerage calculator · Static-verified
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹0 per order✓ Verified 30/9/2026Source: Dhan brokerage calculator · Static-verified
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- ₹0 per order✓ Verified 30/9/2026Source: Dhan brokerage calculator · Static-verified
Source & freshness
- Source
- Each broker's official pricing page (per-row source links above)
- Timeliness
- Static-verified
- Verified
- 30/9/2026
- Method
- reported
- Note
- Re-checked against official pages; unverified rows show Confirming. Never a live tick.
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOSupported
- ✓ Yes
- US stocksFrom $1, fractional shares, 10,000+ stocks & ETFs (IFSCA route)
- ✓ Yes
- Trading APIData + order APIs
- ✓ Yes
Platforms & features
trading
- Trading API✓ · Data + order APIs
- Charting✓ · Full TradingView integration
investing
- IPO investing✓ · Supported
- US stocks✓ · From $1, fractional shares, 10,000+ stocks & ETFs (IFSCA route)
platforms
- Mobile app✓ · Dhan + Options Trader apps
Support & company
Customer support
Support channels not yet listed — check the broker's contact page.
Company facts
- Founded
- 2021
- Regulation
- SEBI-registered stockbroker | Member: NSE, BSE, MCX
Dhan is the most trader-polished newcomer. Long-term buy-and-hold investors lose nothing by staying with Zerodha/Groww.
How to open a Dhan account
Start your application
Open the Dhan signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
Compare Dhan
Groww vs Dhan: Simplest Start vs Trader's Toolkit
Upstox vs Dhan: Which Trader Platform Wins?
Zerodha vs Dhan: Incumbent vs Trader's New Favourite
Where does Dhan rank for your style?
Alternatives to Dhan
Groww
Beginner-friendly investing super-app
4.5/ 5
Best for: Beginners and mutual-fund investors who want one simple app for everything.
Compare Groww with others →
Upstox
Low-cost broker with fast trading tools
4.3/ 5
Best for: Mobile-first traders and developers who use trading APIs.
Compare Upstox with others →Dhan FAQs
Is Dhan safe despite being new?
Dhan is a SEBI-registered broker; client assets sit in your demat account like any broker. The "new" risk is product/support maturity, not custody — and its trader UX is widely praised.
User reviews
No user reviews yet
Yours could be the first. Reviews appear here after a quick human moderation check.
Brokerage history
Show brokerage history3 changes
October 2026
| Date | Charge | Was → Now | How |
|---|---|---|---|
| 1 Oct 2026 | FuturesOfficial source ↗ | ₹20 per order₹0 per order | Monthly check |
| 1 Oct 2026 | OptionsOfficial source ↗ | ₹20 per order₹0 per order | Monthly check |
| 1 Oct 2026 | IntradayOfficial source ↗ | ₹20 or 0.03% per order₹0 or 0.03% per order | Monthly check |
Every change logged with its date and official source. All brokers' changes →
Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.
Open an account with Dhan
Official site — pricing varies by plan, verify before acting.