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Dhan Logo

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 exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi... Know more about Dhan

Firstock Logo

About Firstock
Incorporated in 2021, Firstock Broking Private Limited is a next-generation investment and trading platform revolutionising discount broking in India through technology-led innovation. Firstock is built on a vision to make financial services more accessible, efficient, and user-friendly. With a strong focus on a customer-centric and tech-first approach, the platform simplifies the trading experience through an intuitive and self-educating interface. Trusted by over 25,000 active users, Firstock ... Know more about Firstock

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Dhan Vs Firstock

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

 DhanFirstock
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCXBSE, NSE
Year of Incorporation20212021
Number of Branches1
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Dhan Vs Firstock Charges & AMC

Dhan trading account opening charges is Rs 0 (Free) while Firstock account opening changes is Rs 0 (Free). Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC) and Firstock Demat Account AMC Charges is Rs 0 (Free).

 DhanFirstock
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC Charges₹0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC Charges₹0 (Lifetime Zero AMC)Rs 0 (Free)

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Dhan Vs Firstock Brokerage

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

Account TypeDhan Flat Rate PlanFirstock
Fixed ChargesRs 0 or Nill
Equity DeliveryRs. 0Rs 0
Equity IntradayRs 20 or 0.03% of trade value, whichever is lowerRs 20 per executed order
Equity FuturesRs 20 or 0.03% of trade value, whichever is lowerRs 20 per order, 0.03% or whichever is lower
Equity OptionsRs 20 per executed orderRs 20 per order, 0.03% or whichever is lower
Currency FuturesRs 20 per executed order or 0.03% of trade value
Currency OptionsRs 20 per executed order
Commodity FuturesRs 20 or 0.03% of trade value, whichever is lower
Commodity OptionsRs 20 per executed order
Special Offer

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.

Special Offer: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

Dhan Charges Vs Firstock

Minimum BrokerageRs 20Rs 20
Other Charges
Call & Trade ChargesRs 50 per orderRs 50
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Dhan Vs Firstock Leverage (Margin)

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

 DhanFirstock
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 Dhan and Firstock Features

The trading platforms offered Dhan include Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.

 DhanFirstock
3 in 1 AccountYesNo
Automated TradingYesYes
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformDhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ APIFirstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web
Intraday Square-off Time3:20 PM3:25 PM
Trading In SME Shares Allowed?YesYes
Referral ProgramYesYes
Other FeaturesAPIs for Algo Trading, smallcases on Dhan⁠⁠APIs for Algo Trading
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Dhan Vs Firstock Review

Dhan is rated of 5 based on 29 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.

 DhanFirstock
 29 Customer Reviews    Rate Dhan1 Customer Reviews    Rate Firstock
FeesRated 4.1 starsRated 3.0 stars
BrokerageRated 3.3 starsRated 3.0 stars
Trading PlatformRated 3.5 starsRated 3.0 stars
Customer ServiceRated 2.4 starsRated 3.0 stars
Research CapabilitiesRated 2.8 starsRated 3.0 stars
Overall RatingRated 3.1 starsRated 3.0 stars
Broker RatingDhan is Rated 3.1 / 5 based on 29 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews

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Contact Broker / Request A Call Back

 DhanFirstock
Contact Broker
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.
Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

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Dhan Vs Firstock Investment Options

 DhanFirstock
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtNoNo

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Dhan Vs Firstock Order Type Offered

 DhanFirstock
Bracket OrderYesNo
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo
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Dhan Vs Firstock Suitable For Investor Type

 DhanFirstock
Casual InvestorNoYes
Active InvestorYesYes
TraderYesYes

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Dhan Vs Firstock - Pros and Cons

 DhanFirstock
Pros
  • 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.
  • Single-View Dashboard – Access key market data at a glance: index levels, highs & lows, P/E, P/B, dividend yield, put-call ratio, futures, and synthetic futures.
  • Complete Portfolio View – Track P&L, invested/current value, available & used margin, open positions, and sector-wise holdings snapshot.
  • Indices Tab – Stay updated with Nifty, Bank Nifty, and more; view daily/weekly/monthly performance and live market depth.
  • Quick Market Analysis – Assess trends instantly for better trading decisions.
  • One-Click Options Strategies – Execute Straddle or Strangle quickly by selecting strike range and auto-filling orders for fast, error-free execution.
  • Basket Orders – Use predefined or custom multi-leg strategies (e.g., Iron Condor, Straddle).
  • Advanced Strategy Tools – Review, sequence, check payoff charts, verify margin needs, and execute in one click.
  • Reusable Strategies – Save and apply strategies to any instrument later.
  • Clutter-Free Interface – Only the data you need, presented simply.
Cons
  • 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.
  • Businesses, partnerships, and non-resident Indians (NRIs) have to open accounts offline (in person or via mail).
  • Rs 20 charge for orders like buybacks or delistings.
  • No Currency/Commodity Trading.
Reviews
Promo / Offers

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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Firstock Special Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

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