0.79%9,79,483 Clients
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 Commodities. Overall, Dhan is an all-rounder who efficiently meets most of a trader's or investor's requirements.
Dhan's brokerage charges are competitive and affordable across products & offerings. Dhan charges Rs. 20 per trade or 0.03% per transaction for intraday trading. Dhan's delivery charges for trading in stocks and ETFs are Rs. 0. Dhan also offers a 50% discount for female users.
Dhan is a modern stock broking company that provides seamless and hassle-free platforms to investors and traders. A completely new investor or trader can conveniently invest in securities with this trading platform. The product suite includes Dhan App (mobile applications), Dhan Web (web-based platforms), tv.dhan.co (chart trading), Options Trader App (made for F&O), and Trade from TradingView.com.
Some of the unique features of Dhan that set it apart from other competitors are:
| SEBI Registration | NSE Member code | Net Worth (In ₹ Cr.) |
|---|---|---|
| INZ000006031 | 90133 | 0.00 |
Dhan online registration charges or Dhan account opening charges are Rs 0. The broker does not charge any fees for account opening or account maintenance. This is applicable to both, the Dhan Demat account and the Dhan Trading account.
| Transaction | Charges |
|---|---|
| Demat and Trading Account Opening Charges | Rs 0 (Free) |
| Demat and Trading Account AMC | Rs 0 (Free) |
Dhan customers are not burdened with heavy costs on brokerage. The brokerages are very economical and relaxed. Dhan broking charges for Equity Delivery Trades, ETFs, and IPOs are nil. For equity intraday in all segments, the entity charges Rs 20 or 0.03% of trade value per executed order, whichever is lower. So, in this case, the maximum brokerage charge will be Rs 20/per trade only.
| Equity Delivery | Rs 0 |
|---|---|
| Equity Intraday | Rs 20 per executed order or 0.03% of trade value, whichever is lower |
| Equity Future | Rs 20 per executed order or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.03% of trade value, whichever is lower |
| Currency Options | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or 0.03% of trade value, whichever is lower |
| Commodity Options | Rs 20 per executed order |
Dhan does not charge (zero) brokerage fees for equity delivery transactions. For intraday equity trades, brokerage charges are Rs 20 per executed order or 0.03% of trade value, whichever is lower. Dhan also offers a 50% discount to its female customers. The brokerage fee for female customers is Rs 10 per trade.
| Charges | Equity (Delivery) | Equity (Intraday) |
|---|---|---|
| Brokerage | Rs 0 (Zero Brokerage) | Rs 20 per executed order or 0.03% of trade value |
| Transaction charges | BSE: 0.00375% | NSE: 0.00322% | BSE: 0.00375% | NSE: 0.00322% |
| GST | 18% on brokerage + transaction charges + SEBI Turnover fees + IPFT/Other Tax | 18% on brokerage + transaction charges + SEBI Turnover fees + IPFT/Other Tax |
| Securities Transaction Tax (STT) | 0.1% on buy & sell | 0.025% on sell transactions |
| SEBI Turnover fees | 0.0001% of the turnover | 0.0001% of the turnover |
| Stamp Duty | 0.015% on turnover of buy orders | 0.003% on turnover of buy orders |
| IPFT Contribution | 0.0001% of the turnover | 0.0001% of the turnover |
Dhan offers trading in futures and options to its customers. Brokerage fees in this segment are also low. Dhan charges 0.03% per trade or Rs 20 per trade (whichever is lower) for intraday transactions in futures (stocks). For Option, the charges are Rs 20 per executed order.
| Charges | Future (Equity) | Options (Equity) |
|---|---|---|
| Brokerage | 20 per executed order or 0.03% of trade value, whichever is lower | Rs 20 per executed order |
| Transaction charges | NSE: 0.00188% (on premium)| BSE: 0 | NSE: 0.0495% (on premium) |
| GST | 18% on brokerage + transaction charges + SEBI Turnover fees + IPFT/Other Tax | 18% on brokerage + transaction charges + SEBI Turnover fees + IPFT/Other Tax |
| Securities Transaction Tax (STT) | 0.0125% on sell side | 0.0625% on sell side (on premium) | 0.125% on exercised options (on intrinsic value) |
| SEBI Turnover fees | 0.0001% of the turnover | 0.0001% of the turnover |
| Stamp Duty | 0.002% only on buy orders | 0.003% only on buy orders |
| IPFT Contribution | 0.0001% of the turnover | 0.0005% of the turnover |
Another variety of financial security offered by Dhan is Commodity trading. Charges for commodity trades are Rs 20 per executed order or 0.03% per executed order, whichever is lower. For Commodity (options), brokerage charges are Rs 20 per executed order.
| Charges | Commodity (Futures) | Commodity (Options) |
|---|---|---|
| Brokerage | Rs 20 per executed order or 0.03% of trade value, whichever is lower | Rs 20 per executed order |
| Transaction charges | Group A, B : 0.0026% | 0.05% |
| GST | 18% on brokerage + transaction charges + SEBI Turnover fees | 18% on brokerage + transaction charges + SEBI Turnover fees |
| Commodities Transaction Tax (CTT) | 0.01% on sell side | 0.05% on sell side on sell transactions |
| SEBI Turnover fees | 0.0001% of the turnover | 0.0001% of the turnover |
| Stamp Duty | 0.002% only on buy order | 0.003% only on buy order |
An ETF is a collection of different stocks in an index such as the Nifty 50. This allows investment in multiple shares via one basket of ETF. Dhan charges a brokerage of Rs 20 per executed order or 0.03% of trade value, whichever is lower, for Equity Intraday in the ETF segment. Equity delivery charges, on the other hand, are Rs 0. The fees for ETFs such as Securities Transaction Tax (STT), GST, etc., are the same as for equity delivery and intraday brokerage.
VisitDhan Brokerage Charges Reviewfor more detail.
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To start an investment journey with Dhan, you need to have access to its trading platforms and use its features. To do this, you need to open an account with the broker.
Fill out an online application form through the website or mobile app and simply register.
Below are the steps to open a Dhan account online:
Dhan Active customers use the company's trading platforms to place and execute their trades. The app offers various features through which traders can easily track market activity. Dhan currently has the following trading platforms:
web.dhan.co is a fast and efficient platform that always strives to improve users' trading experience. With a bigger screen and better experience, customers can keep track of the stock market.
Dhan TradingView is an accessible and easy-to-use platform that allows you to trade directly from TradingView.com. Customers can connect their Dhan account to TradingView.com. Following are some key features of Dhan TradingView:
You can connect Dhan to the Tradingview.com trading panel and have access to all of its features.
Dhan App is a Mobile Application available for download on Google Play Store and App Store. The app is a comprehensive trading and investment platform developed for mobile phones. The application allows trading in Stocks, IPOs, Futures, Currencies, Commodities, Options and Mutual Funds. The app is designed for all investors, including long-term investors and super traders.
Features of Dhan app:
Dhan Options Trader App is an app designed specifically for Futures & Options Traders. This is a powerful trading app designed for an efficient experience when trading F&Os. Dhan Options App brings together all the essential and exciting features that an Options Trader wants, such as:
Dhan clients can access the Options Trader web platform from their desktops. This is a dedicated platform for options trading. It is equipped with resourceful options and offers numerous securities.
Some of the most important features of Dhan Options Trader Web are Free Custom Strategy Builder, Margin on Option Buying, Market Outlook Based Ideas, Free Pre-Built Strategies and F&O Screener & Scanners.
Visit Dhan Trading Software Review for more detail.
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The following are the advantages of Dhan. You must read Dhan advantages and disadvantages before opening an account with Dhan. Dhan pros and cons help you find if it suits your investment needs.
The following are the cons of Dhan. Check the list of Dhan drawbacks.
Dhan margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Dhan F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Dhan F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  3.1/5 |
| Fees |  4.1/5 |
| Brokerage |  3.3/5 |
| Usability |  3.5/5 |
| Customer Service |  2.5/5 |
| Research Capabilities |  2.8/5 |
Based on 30 Votes by Dhan Customers
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The number of Dhan customer complaint received by the exchanges. The Dhan consumer complaint report helps understanding the Dhan quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| BSE | 2025-26 | 506049 | 5 | 0.001 % |
| NSE | 2025-26 | 979483 | 121 | 0.0124 % |
| BSE | 2024-25 | 485379 | 51 | 0.0105 % |
| NSE | 2024-25 | 971760 | 377 | 0.04 % |
| BSE | 2023-24 | 176077 | 6 | 0 % |
| NSE | 2023-24 | 512564 | 200 | 0.03 % |
| NSE | 2022-23 | 107976 | 14 | 0.01 % |
| NSE | 2021-22 | 32388 | 1 | 0 % |
| NSE | 2020-21 | 528 | 3 | 0.56 % |
| NSE | 2019-20 | 360 | 2 | 0.55 % |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Dhan Complaints at BSE, NSE and MCX for detail report.
Dhan offers not only low brokerages and easy platforms but also very attractive margin facilities. In margin trading, the client trades with borrowed money by depositing a small portion of the actual trade value.
Dhan allows you to trade and invest with 4X leverage on over 1000+ stocks.
Some of the benefits of Margin Trading Facilities are:
Dhan is an online tech-led broking company. The company was founded in 2021 and provides trading and investment services. The company offers the following securities for investment: Equities, commodities, currencies, futures, and options.
The company has several trading platforms through which customers can trade and invest.
Some of the features that set Dhan apart from its competitors:
Yes, Dhan is a decent broker with numerous facilities and benefits for all types of market participants. Dhan is registered with SEBI as a stockbroker. The company operates in India and started its operations in 2021. The company has over 2 lakh customers.
Dhan Online Trading generally targets Super Traders and individuals looking for long-term investments. The company has online trading platforms for its users. Anyone with a Dhan account has access to all these platforms and the features available on them..
Yes, many of the products and facilities used by Dhan's customers are free or charged at a very low cost.
Yes, Dhan is a tech-led broker. The company has a simple brokerage model. Dhan's fees for stock, ETF and IPO delivery are zero. The intraday charges for Equity and Futures are 0.03% per trade or Rs. 20 per trade (whichever is lower). Options trading is flat Rs. 20 per order.
Dhan charges its female customers Rs. 10 per trade for intraday trading in equities, F&O, Currency and Commodity segments.
There are various programs that Dhan offers to its customers. To name a few:
Dhan Founder & CEO is Mr Pravin Jadhav. He was previously with Paytm Money as managing director and CEO.
Alongside, Mr.Alok Pandey and Mr.Jay Gupta are the Co-Founders of the company. Alok Pandey is also the CTO and Jay Gupta is the COO of Dhan.
Dhan offers the opportunity to invest and trade through its trading platforms, which are enshrined with convenient features and user-friendly modes. The company has developed several platforms and products that it offers to its customers like:
Dhan offers investing and trading in Stocks, ETFs, Currency, Futures, & Options, and Commodity. Dhan also provides investment in IPOs.
Dhan has various exciting features to suit the requirements of a trader as well as new investor. For traders, the entity offers:
For investors looking for long-term investments and built wealth, Dhan provides:
To close a Dhan Account, you will have to download the form from the Dhan website. Currently, the account closing process is available only in offline form.
To download Dhan Account Closing form, you will have to:
Now, fill out the Dhan Closure Form with all the requisite information.
The customer will be required to state the reasons for closing the Dhan account. Also, ensure to clear all your dues in relation to the account.
There are no account closing charges.
Customers can refer Dhan to their family and friends and earn lifetime referral bonuses. For each trade made by the referred customer, the referrer receives 20% of the brokerage.
Dhan customers can use the "Refer and Earn" feature after they place their first trade. To refer friends, simply share a unique referral code via WhatsApp, Twitter, Telegram, etc. Customers can receive a daily credit for the referral and cash out these rewards.
In the 'Refer Friends and Earn' section of your Dhan App, you will get an option to 'Find Friends already using Dhan', which is directly mapped via phone numbers. You will be able to invite friends to Dhan.
Dhan is an Indian financial services company that offers services such as investment and trading in financial securities. At Dhan, clients can trade in Equity, ETF, IPO, Currency, Futures & Options, and Commodities.
Dhan Trading Features:
Dhan account is a combination of two accounts, i.e. Dhan Demat Account and Dhan Trading Account (2-in-1).
The Dhan Demat account is the account that allows customers to hold financial securities in dematerialized form with Dhan. They can easily trade and invest in securities without worrying about carrying physical certificates.
Dhan Trading Account is an online account that offers trading facilities. The account offers various features that ensure smooth and hassle-free trading at all times.
Information on this page was last updated on Monday, July 8, 2024
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.
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