Fyers Vs Angel One Vs Dhan Comparison

The comparison between Fyers, Angel One, and Dhan highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Fyers is known for its user-friendly trading experience and reliability, while Angel One stands out for offering competitive brokerage rates and an advanced mobile trading platform. Dhan provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 3.01 Lakh, 3.46 crore, and 982,814 users respectively, reflecting their popularity among investors. Overall, this comparison of Fyers, Angel One, and Dhan helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Fyers, Angel One, and Dhan reveals significant differences in their offerings. Fyers provides 4 for Overall Rating, while Angel One offers 4.5 and Dhan features 4.4.

Services / FeaturesFyersAngel OneDhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE, MCX
Active Clients 3.01 Lakh 3.46 crore 982,814
Broker Overview Fyers Review Angel One Review Dhan Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Fyers, Angel One, and Dhan reveal significant differences in their offerings. Fyers provides N/A trading and demat account opening, while Angel One offers Zero and Dhan features Free.

Account Opening Charges and AMCFyersAngel OneDhan
Trading Account Opening Zero Free
Trading AMC ₹500 per year Zero
Demat Account Opening Zero Free
Demat AMC ₹500 per year Zero
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Fyers, Angel One, and Dhan reveals significant differences in their offerings. Fyers provides - plans, while Angel One offers - and Dhan features No.

Brokerage PlansFyersAngel OneDhan
Multiple Plans - - No
Monthly Plans - - No
Yearly Plans - - No

Brokerage Charges

This comparison between Fyers, Angel One, and Dhan reveals significant differences in their brokerage charges. Fyers charges ₹20 or 0.03% per executed order brokerage on equity delivery and intraday, ₹20 or 0.03% per executed order for futures, and ₹20 per executed order for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options. Dhan charges Zero brokerage on equity delivery and intraday, ₹20 or 0.03% per executed order for futures, and ₹20 per executed order for options.

Brokerage ChargesFyersAngel OneDhan
Plan Name - -
Equity Delivery ₹20 or 0.03% per executed order ₹20 or 0.1% Zero
Equity Intraday ₹20 or 0.03% per executed order ₹20 or 0.03% ₹20 or 0.03% per executed order
Equity Futures ₹20 or 0.03% per executed order ₹20 ₹20 or 0.03% per executed order
Equity Options ₹20 per executed order ₹20 ₹20 per executed order
Currency Futures ₹20 or 0.03% per executed order ₹20 NA
Currency Options ₹20 per executed order ₹20 NA
Commodity Futures ₹20 per executed order
Commodity Options ₹20 per executed order
Hidden Charges No No Zero
Call & Trade Charges ₹50 + GST per executed order ₹20 + GST ₹50 + GST
Auto Square Off Charges ₹50 + GST per executed order ₹20 + GST ₹20 + GST
Brokerage Calculator Dhan Brokerage Calculator

Transactions Charges

This comparison between Fyers, Angel One, and Dhan reveals significant differences in their transactions. Fyers provides NSE: 0.00297% | BSE: 0.00375% for Transaction Charges Equity Delivery, while Angel One offers NSE: 0.00297% BSE*: As Per The Stock Group and Dhan features BSE: 0.00375% NSE: 0.00297%.

Transactions ChargesFyersAngel OneDhan
Equity Delivery NSE: 0.00297% | BSE: 0.00375% NSE: 0.00297% BSE*: As Per The Stock Group BSE: 0.00375% NSE: 0.00297%
Equity Intraday NSE: 0.00297% | BSE: 0.00375% NSE: 0.00297% BSE*: As Per The Stock Group BSE: 0.00375% NSE: 0.00297%
Equity Futures NSE: 0.00173% NSE: 0.00173% BSE: 0 NSE: 0.00173% BSE: 0 (Zero)
Equity Options NSE: 0.03503% NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% NSE: 0.03503% (on premium) BSE (Index): 0.0325% (on premium)
Currency Futures NSE: 0.00035% | BSE: 0.00045% NSE: 0.00035% BSE: 0.00045% NA
Currency Options NSE: 0.0311% | BSE: 0.001% NSE: 0.0311% BSE: 0.001% NA
Commodity MCX- Non-Agri: 0.0418% MCX 0.0418% NCDEX Options 0.03% NSE: 0.0001% MCX: 0.0021%

Account Features

These are the notable distinctions in the account features of Fyers, Angel One, and Dhan when compared.

Account FeaturesFyersAngel OneDhan
3-in-1 Account No No No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM Yes 3:20 PM
NRI Trading Yes Yes No

Trading Platforms

The trading platforms comparison between Fyers, Angel One, and Dhan reveals significant differences in their offerings. Fyers, Angel One and Dhan provide web trading platforms and mobile trading platforms.

Trading PlatformsFyersAngel OneDhan
Web Trading Platform Yes Yes Yes
Web Trading Detail Fyers Web Trading Yes Dhan
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Download Yes Download
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Zero Zero

Broker Ratings

The broker ratings comparison between Fyers, Angel One, and Dhan reveals significant differences in their offerings. Fyers provides 4 for Fees Ratings, while Angel One offers 4.4 and Dhan features 4.5.

Broker RatingsFyersAngel OneDhan
Fees Ratings 4 4.4 4.5
Trading Brokerage Rating 4 4.4 4.6
Trading Platform Usability 4 4.3 4.4
Customer Service Ratings 4 4.4 4.3
Overall Ratings 4 4.4 4.4

Investment Offerings

This comparison between Fyers, Angel One, and Dhan reveals significant differences in their investment offerings. Fyers provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Dhan provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities.

Investment OfferingsFyersAngel OneDhan
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes No
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex Yes Yes No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes No
Other Investment Options Yes Yes Yes

Customer Support Offered

This comparison between Fyers, Angel One, and Dhan reveals significant differences in their customer support offerings. Fyers provides No Customer Service, while Angel One offers Yes and Dhan features Yes.

Customer Support OfferedFyersAngel OneDhan
24/7 Customer Service No Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes
Through Branches No Yes
Customer Care Number 080-60001111 18001020 (+91) 9987761000
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.angelone.in/knowledge-center https://dhan.co/blog/
Head Office Address

Brigade Magnum,
9th Floor, Wing A,
International Airport Road, Kodigehalli Gate, Hebbal,
Byatarayanapura, Amruthahalli,
Bengaluru – 560092

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road,

Beside Patel Petrol Pump, Piramal Nagar,

Goregaon West, Mumbai – 400104

Website https://fyers.in/ https://www.angelone.in/ https://dhan.co/

Research and Reports

The research and reports comparison between Fyers, Angel One, and Dhan reveals significant differences in their offerings.

Research and ReportsFyersAngel OneDhan
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Fyers, Angel One, and Dhan reveals significant differences in their demat account charges. Fyers provides CDSL & NSDL for DP Source, while Angel One offers CDSL and Dhan features CDSL.

Demat Account ChargesFyersAngel OneDhan
DP Source CDSL & NSDL CDSL CDSL
DP ID CDSL: 12089400 | NSDL: IN304502 384-2018 289-2016
Demat Account Annual Maintenance Charges (AMC) ₹2950 Lifetime AMC Zero
Advance Deposit No No Zero
Transaction Charges on Debit (Per ISIN)
Demat ₹12.50 per instruction + GST
Remat ₹10/- per certificate ₹12.50 per instruction + GST
Pledge Creation ₹5 ₹20 + GST ₹15 per instruction + GST
Pledge Creation Confirmation - Yes Yes
Pledge Closure ₹5 ₹20 + GST ₹15 per instruction + GST
Pledge Closure Confirmation - Yes Yes
Pledge Invocation ₹5 ₹20 + GST ₹15 per instruction + GST
Failed Instruction Charges - ₹100 + GST
Other Charges - - Zero

Advantages and Disadvantages

BrokerProsCons
Fyers
  • Advanced and Feature-Rich Trading Platforms
  • Strong Focus on Technology and Uptime
  • Good Customer Support
  • Technical Issues/Platform Glitches
  • Margin Funding Limitations
  • Higher Transaction/Exchange Charges
Angel One
  • User-friendly mobile and web trading platforms
  • Wide range of investment options
  • ARQ Prime offers AI-based investment recommendations
  • Strong research reports and advisory support
  • Reliable customer service
  • Limited advanced tools for professional traders
  • Call & trade facility involves extra charges
  • Margin Funding without explicit notice
  • Lack of GTC/GTT for all orders
Dhan
  • Zero Account Opening & AMC
  • Low Brokerage
  • Multi-Asset Trading
  • Advanced Trading Tools
  • User-Friendly Mobile & Web Platforms
  • Integrated Mutual Funds & IPO Access
  • Margin Facility
  • Platform Learning Curve
  • Limited Offline Support
  • Hidden Statutory Charges
  • Initial Platform Bugs
  • Limited Research Reports
  • Not Ideal for Very High-Touch Clients
  • Feature Availability Varies

Frequently Asked Questions

The account opening charges vary significantly: Fyers charges Not specified, Angel One charges Zero, and Dhan charges Free. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Fyers offers ₹20 or 0.03% per executed order for equity intraday, Angel One provides ₹20 or 0.03%, and Dhan charges ₹20 or 0.03% per executed order. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Fyers offers 4, Angel One provides 4, and Dhan features 4.6. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Fyers has 4 support, Angel One offers 4, and Dhan provides 4.3. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Fyers with 4, Angel One with 4.3, and Dhan with 4.4. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Fyers (Yes), Angel One (Yes), and Dhan (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Fyers offers user-friendly platforms with educational resources, Angel One provides competitive pricing with intuitive interfaces, and Dhan combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Fyers focuses on intuitive design and quick execution, Angel One emphasizes advanced charting and analysis tools, while Dhan balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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