5paisa Vs Dhan (Compare 5paisa and Dhan)

About 5paisa

5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly traded and professionally managed company promoted by IIFL founders. As of August 2025, 5paisa has over 3.85 lakh active traders, according to data from NSE. 5paisa offers online trading in equity on BSE and NSE and commodity trading under MCX. It is a flat... Know more about 5paisa

About Dhan

Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock... Know more about Dhan

5paisa Vs Dhan

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Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

 5paisaDhan
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipNSE, BSEBSE, NSE, MCX
Year of Incorporation19962021
Number of Branches11
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5paisa Vs Dhan Charges & AMC

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5paisa trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 (₹75 charged quarterly) and Dhan Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

 5paisaDhan
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 300 (₹75 charged quarterly)Rs 0 (Lifetime Zero AMC)

5paisa Vs Dhan Brokerage

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5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type5paisa Regular Account PlanDhan Flat Rate Plan
Fixed ChargesNARs 0 or Nill
Equity DeliveryRs 20 per executed orderRs. 0
Equity IntradayRs 20 per executed orderRs 20 or 0.03% of trade value, whichever is lower
Equity FuturesRs 20 per executed orderRs 20 or 0.03% of trade value, whichever is lower
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency FuturesRs 20 per executed orderRs 20 per executed order or 0.03% of trade value
Currency OptionsRs 20 per executed orderRs 20 per executed order
Commodity FuturesRs 20 per executed orderRs 20 or 0.03% of trade value, whichever is lower
Commodity OptionsRs 20 per executed orderRs 20 per executed order
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

5paisa Charges Vs Dhan

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Minimum BrokerageRs 20 per tradeRs 20
Other Charges
Call & Trade ChargesAdditional ₹20 per order + GSTRs 50 per order
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5paisa Vs Dhan Leverage (Margin)

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5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

 5paisaDhan
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare 5paisa and Dhan Features

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The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

 5paisaDhan
3 in 1 AccountNoYes
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading Platform5paisa Trade Station (Web, Mobile App and EXE)Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off TimeOptimum Plan: 3:10 PM, Platinum Plan: 3:20 PM3:20 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramYesYes
Other FeaturesAPIs for Algo Trading, smallcases on Dhan
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5paisa Vs Dhan Review

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5paisa is rated of 5 based on 97 customer reviews whereas Dhan is rated of 5 based on 30 customer reviews.

 5paisaDhan
 97 Customer Reviews    Rate 5paisa30 Customer Reviews    Rate Dhan
FeesRated 2.9 starsRated 4.1 stars
BrokerageRated 3.5 starsRated 3.3 stars
Trading PlatformRated 2.7 starsRated 3.5 stars
Customer ServiceRated 2.1 starsRated 2.5 stars
Research CapabilitiesRated 2.4 starsRated 2.8 stars
Overall RatingRated 2.6 starsRated 3.1 stars
Broker Rating5paisa is Rated 2.6 / 5 based on 97 customer reviewsDhan is Rated 3.1 / 5 based on 30 customer reviews

Contact Broker / Request A Call Back

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 5paisaDhan
Contact Broker
FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

5paisa Vs Dhan Investment Options

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 5paisaDhan
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesNo

5paisa Vs Dhan Order Type Offered

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 5paisaDhan
Bracket OrderYesYes
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes
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5paisa Vs Dhan Suitable For Investor Type

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 5paisaDhan
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

5paisa Vs Dhan - Pros and Cons

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 5paisaDhan
Pros
  • Flat ₹20 order irrespective of size of trade, segment or exchange.
  • All in one account to invest in stocks, mutual funds, commodity, and currency.
  • FREE and paperless account opening in 5 minutes.
  • Flat Brokerage Charges
  • Free Mutual Fund account
  • Multilingual trading app
  • Free trading platform including mobile app, website and desktop trading terminal. No software charges.
  • Provide Stock Investment Ideas and Research tools
  • Technical calls on both Email and Mobile.
  • Promoted by the IIFL promoters. IIFL is a premier non-banking financial institution in India with experience of over 2 decades.
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offers 3-in-1 account for ICICI bank users.
Cons
  • Call & Trade is available at an additional Rs 20 per order + GST.
  • Research & advisory services are not available in Optimum Plan.
  • 5Paisa doesn't offer NRI Trading services.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer monthly unlimited trading plans.
Reviews
Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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