Upstox Vs Dhan (Compare Upstox and Dhan)

Upstox Vs Dhan

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Upstox	Dhan
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2012	2021
Number of Branches	4	1
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Upstox Vs Dhan Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Dhan Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).

	Upstox	Dhan
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 150	Rs 0 (Lifetime Zero AMC)

Upstox Vs Dhan Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% 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	Upstox Default	Dhan Flat Rate Plan
Fixed Charges	NA	Rs 0 or Nill
Equity Delivery	Rs 20 per executed order or 2.5% whichever is low	Rs. 0
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	Rs 20 per executed order or 0.05% 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	Rs 20 per executed order or 0.05% 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	Rs 20 per executed order or 0.05% 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: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account 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.

Upstox Vs Dhan Leverage (Margin)

Upstox 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.

	Upstox	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 Upstox and Dhan Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

	Upstox	Dhan
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola	Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time	3:00 PM	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Option strategy builder	APIs for Algo Trading, smallcases on Dhan
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Upstox Vs Dhan Review

Upstox is rated of 5 based on 150 customer reviews whereas Dhan is rated of 5 based on 30 customer reviews.

	Upstox	Dhan
	150 Customer Reviews	30 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Upstox is Rated 2.4 / 5 based on 150 customer reviews	Dhan is Rated 3.1 / 5 based on 30 customer reviews