Fyers Vs Dhan (Compare Fyers and Dhan)

Fyers Vs Dhan

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Fyers	Dhan
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2015	2021
Number of Branches	2	1
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Fyers Vs Dhan Charges & AMC

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

	Fyers	Dhan
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free AMC for Lifetime)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 0 (Free AMC for Lifetime)	Rs 0 (Lifetime Zero AMC)

Fyers Vs Dhan Brokerage

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

Account Type	Fyers Flat Fee Brokerage Plan	Dhan Flat Rate Plan
Fixed Charges	NA	Rs 0 or Nill
Equity Delivery	0.03% or Rs 20, whichever is lower	Rs. 0
Equity Intraday	0.03% or Rs 20, whichever is lower	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	0.03% or Rs 20, whichever is lower	Rs 20 or 0.03% of trade value, whichever is lower
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	0.03% or Rs 20, whichever is lower	Rs 20 per executed order or 0.03% of trade value
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	0.03% or Rs 20, whichever is lower	Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options	Rs 20 per executed order	Rs 20 per executed order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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.

Fyers Vs Dhan Leverage (Margin)

Fyers 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.

	Fyers	Dhan
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up 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 Fyers and Dhan Features

The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

	Fyers	Dhan
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers App, Fyers Web, Fyers Next	Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time	3:15 PM	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	API Trading, Algo Trading and Insta Options is available, which is designed for options traders.	APIs for Algo Trading, smallcases on Dhan
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Fyers Vs Dhan Review

Fyers is rated of 5 based on 38 customer reviews whereas Dhan is rated of 5 based on 30 customer reviews.

	Fyers	Dhan
	38 Customer Reviews	30 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Fyers is Rated 3.0 / 5 based on 38 customer reviews	Dhan is Rated 3.1 / 5 based on 30 customer reviews