About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency... 
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...
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| Zerodha | Dhan | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2021 |
| Number of Branches | 22 | 1 |
| Open Zerodha Account |
Zerodha trading account opening charges is Rs 0 while Dhan account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).
| Zerodha | Dhan | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | ₹0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | ₹0 (Lifetime Zero AMC) |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% 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 | Zerodha Flat Brokerage Plan | Dhan Flat Rate Plan |
|---|---|---|
| Fixed Charges | Rs 0 or Nill | |
| Equity Delivery | Rs 0 (Free) | Rs. 0 |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 20 per executed order or .03% 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 .03% 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 .03% 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 with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha 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. |
| Minimum Brokerage | 0.03% in Intraday and F&O | Rs 20 |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
| Call & Trade Charges | Rs 50 per executed order | Rs 50 per order |
| Open Zerodha Account |
Zerodha 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.
| Zerodha | 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) |
| Open Zerodha Account |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.
| Zerodha | Dhan | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kite Web, Kite Mobile for Android/iOS and Coin | Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API |
| Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Direct Mutual Funds, APIs for Algo Trading | APIs for Algo Trading, smallcases on Dhan |
| Open Zerodha Account |
Zerodha is rated of 5 based on 492 customer reviews whereas Dhan is rated of 5 based on 29 customer reviews.
| Zerodha | Dhan | |
|---|---|---|
492 Customer Reviews  | 29 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | |  |
| Broker Rating | Zerodha is Rated 3.6 / 5 based on 492 customer reviews | Dhan is Rated 3.1 / 5 based on 29 customer reviews |
| Zerodha | Dhan | |
|---|---|---|
| Contact Broker | Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha 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. |
| Zerodha | Dhan | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Zerodha | Dhan | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Zerodha Account |
| Zerodha | Dhan | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Zerodha | Dhan | |
|---|---|---|
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| Promo / Offers | Zerodha Special OfferFree Stock Trading and Mutual Funds
Limited-time offer! | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Zerodha Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Zerodha Account
