Dhan is a modern, technology-driven brokerage platform in India designed for both traders and long-term investors. The platform offers seamless access across asset classes — including equities, futures & options, commodities, currencies, ETFs, direct mutual funds and IPOs.
| Services Rating | Dhan |
|---|---|
| Overall Rating | ★★★★★ |
| Brokerage Charges | ★★★★★ |
| Trading Platform | ★★★★★ |
| Investments Offering | ★★★★★ |
| Customer Service | ★★★★★ |
| Broker Type | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX |
| Active Clients | 982,814 |
| Broker Overview | Dhan Review |
Account Opening Charges and AMC
Dhan offers a free trading account and demat account opening and charges an Annual Maintenance Charge (AMC) of Zero.
| Charges | Dhan |
|---|---|
| Trading Account Opening | Free |
| Trading AMC | Zero |
| Demat Account Opening | Free |
| Demat AMC | Zero |
| Provide DP Service | Yes |
Brokerage Plans
Dhan does not offer subscription-based brokerage options with a monthly or yearly plan.
| Plan Types | Dhan |
|---|---|
| Multiple Plans | No |
| Monthly Plans | No |
| Yearly Plans | No |
Brokerage Charges
Dhan charges Rs Zero for equity delivery, Rs ₹20 or 0.03% per executed order for intraday, Rs ₹20 or 0.03% per executed order for futures, Rs ₹20 per executed order for options, and Rs ₹20 or 0.03% per executed order for commodity trading. This provides a complete and balanced brokerage structure across all segments.
| Brokerage Charges | Dhan |
|---|---|
| Plan Name | |
| Equity Delivery | Zero |
| Equity Intraday | ₹20 or 0.03% per executed order |
| Equity Futures | ₹20 or 0.03% per executed order |
| Equity Options | ₹20 per executed order |
| Currency Futures | NA |
| Currency Options | NA |
| Commodity Trading | ₹20 or 0.03% per executed order |
| Hidden Charges | Zero |
| Call & Trade Charges | ₹50 + GST |
| Auto Square off Charges | ₹20 + GST |
| Brokerage Calculator | Dhan Brokerage Calculator |
Transactions Charges
| Transactions Charges | Dhan |
|---|---|
| Equity Delivery | BSE: 0.00375% NSE: 0.00297% |
| Equity Intraday | BSE: 0.00375% NSE: 0.00297% |
| Equity Futures | NSE: 0.00173% BSE: 0 (Zero) |
| Equity Options | NSE: 0.03503% (on premium) BSE (Index): 0.0325% (on premium) |
| Currency Futures | NA |
| Currency Options | NA |
| Commodity | NSE: 0.0001% MCX: 0.0021% |
Account Features
Dhan offers several powerful features such as advanced charting and analysis tools, algo trading support for automation, instant SMS alerts for market updates, online demo sessions and video tutorials, ensuring a smooth and modern trading experience for all types of users. Overall, Dhan provides advanced account features including easy account setup, smart trading tools, interactive charts, algo trading, online demo guidance, and a personalized online portfolio, making it a complete trading and investment platform for all users.
| Compare Account Features | Dhan |
|---|---|
| 3-in-1 Account | No |
| Charting | Yes |
| Algo Trading | Yes |
| SMS Alerts | Yes |
| Online Demo | Yes |
| Online Portfolio | Yes |
| Margin Trading Funding Available | Yes |
| Combined Ledger for Equity and Commodity | Yes |
| Intraday Square-off Time | 3:20 PM |
| NRI Trading | No |
Trading Platforms
Dhan provides a seamless trading experience across multiple platforms including a modern web-based trading platform, a mobile-friendly trading interface, an Android trading app, an iPhone trading app, an Android tablet app, an iPad trading app. Traders can access their accounts anytime, whether on web or mobile devices. The software ensures fast execution, stability, and real-time performance for all users.
| Trading Platforms | Dhan |
|---|---|
| Web Trading Platform | Yes |
| Web Trading Detail | Dhan |
| Mobile Trading | Yes |
| Mobile Trading App | Yes |
| Android Mobile App | Yes |
| Android App Download | Yes |
| iPhone Mobile App (IOS) | Yes |
| iOS App Download | Download |
| Android Tablet App | Yes |
| iPad App (IOS) | Yes |
| Trading Software Charges | Zero |
Broker Ratings
Dhan maintains impressive ratings with fees rated 4.5, brokerage rated 4.6, platform usability rated 4.4, and customer service rated 4.3. The broker’s overall rating stands at 4.4 out of 5, reflecting its balanced performance across key areas. Overall, Dhan is recognized for offering dependable service, fair pricing, and a user-friendly trading experience.
| Broker Ratings | Dhan |
|---|---|
| Fees Ratings | 4.5 |
| Trading Brokerage Rating | 4.6 |
| Trading Platform Usability | 4.4 |
| Customer Service Ratings | 4.3 |
| Overall Ratings | 4.4 |
Investment Offerings
Dhan offers a wide range of investment options including equity cash and F&O, currency derivatives, commodity trading, online IPO applications, mutual funds, bonds and NCDs, and more — giving investors complete portfolio diversification across equity, debt, and alternative products. Overall, Dhan ensures a comprehensive investment experience — from IPOs and mutual funds to derivatives and commodities — enabling investors to diversify effortlessly.
| Investment Offerings | Dhan |
|---|---|
| Equity Cash and F&O | Yes |
| Currency Derivatives | No |
| Commodity | Yes |
| Online IPO Application | Yes |
| Mutual Funds | Yes |
| Bond / NCD | Yes |
| ETF | Yes |
| Banking | No |
| Insurance | No |
| Forex | No |
| MF SIP Investment | Yes |
| Equity SIP Investment | Yes |
| PMS Service | No |
| Other Investment Options | Yes |
Customer Support Offered
Explore the range of customer support services offered by Dhan.
| Customer Support | Dhan |
|---|---|
| 24/7 Customer Service | Yes |
| Email Support | Yes |
| Online Live Chat | Yes |
| Phone Support | Yes |
| Toll Free Number | Yes |
| Through Branches | Yes |
| Customer Care Number | (+91) 9987761000 |
| Account Opening Process | Online/Paperless |
| Customer Support Email | [email protected] |
| Knowledge Center/Education | https://dhan.co/blog/ |
| Head Office Address | Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai – 400104 |
| Website | https://dhan.co/ |
Research and Reports
| Research | Dhan |
|---|---|
| Research Mutual Funds | Yes |
| Research Equity Reports | Yes |
| Research ETF | Yes |
| Daily Market Report | Yes |
| Free Tips | No |
| Quarterly Result Analysis | Yes |
| News Alerts | Yes |
Demat Account Charges
Dhan offers a Demat account with CDSL as DP source. The annual maintenance charge (AMC) is Zero, and transaction charges per ISIN are . Services like demat, remat, and pledge creation are available for seamless securities management. Dhan provides a full-featured Demat account with DP source as CDSL, AMC of Zero per year, pledge creation charge of ₹15 per instruction + GST, demat charge of ₹12.50 per instruction + GST, remat charge of ₹12.50 per instruction + GST, offering a complete and transparent experience for investors.
| Demat Charges | Dhan |
|---|---|
| DP Source | CDSL |
| DP ID | 289-2016 |
| Demat Account Annual Maintenance Charges (AMC) | Zero |
| Advance Deposit | Zero |
| Statutory Charges | 20 |
| Transaction Charges on Debit (Per ISIN) | |
| Demat | ₹12.50 per instruction + GST |
| Remat | ₹12.50 per instruction + GST |
| Pledge Creation | ₹15 per instruction + GST |
| Pledge Creation Confirmation | Yes |
| Pledge Closure | ₹15 per instruction + GST |
| Pledge Closure Confirmation | Yes |
| Pledge Invocation | ₹15 per instruction + GST |
| Failed Instruction Charges | ₹100 + GST |
| Other Charges | Zero |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Dhan |
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FAQs on Dhan Review
Yes, Dhan is considered one of the safest brokers in India. It is a SEBI-registered stockbroker, a member of NSE, BSE, and MCX and has a strong track record of transparency and compliance.
Dhan offers competitive brokerage charges. Typically, it charges Zero for equity delivery and intraday trades and ₹Yes for F&O trades, making it one of the most affordable brokers in India.
Dhan provides multiple platforms for trading and investing including mobile and web platforms, offering a smooth, reliable, and user-friendly experience.
You can open an account with Dhan online through an eKYC process. Online/Paperless Generally, the account gets activated within 24–48 hours once the documents are verified.
Yes, you can invest in direct mutual funds via Dhan platform. It allows you to buy and manage all your mutual funds online without paying commissions.