Upstox Vs Dhan

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About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...

Upstox ReviewBrokerageDemat AccountMobile AppAccount OpeningIPONRI AccountTrading SoftwareMutual FundIs it safe?API ReviewFAQs

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 park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options.Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va...

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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 ₹0 (Lifetime Zero AMC).

	Upstox	Dhan
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	₹0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 150	₹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 or 0.03% of trade value, whichever is lower
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.	Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Upstox Charges Vs Dhan

Minimum Brokerage	0.05%	Rs 20
Other Charges	Auto Square-off Charges: Rs 50
Call & Trade Charges	Rs 20 per trade	Rs 50 per order

Upstox Vs Dhan Transaction Charges

Upstox transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) while Dhan exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

	Upstox	Dhan
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Group A - Rs 290 per Cr (0.0029%)	Group A, B : 0.0026%
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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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
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
	Open Upstox Account

Upstox Vs Dhan Review

Upstox is rated 2.4 of 5 based on 142 customer reviews whereas Dhan is rated 2.9 of 5 based on 18 customer reviews.

	Upstox	Dhan
	142 Customer Reviews	18 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Upstox is rated 2.4 of 5 based on 142 customer reviews	Dhan is rated 2.9 of 5 based on 18 customer reviews

Contact Broker / Request A Call Back

	Upstox Enquire	Dhan Enquire
Contact Broker	Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.	Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Upstox Vs Dhan Investment Options

	Upstox	Dhan
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Upstox Vs Dhan Order Type Offered

	Upstox	Dhan
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Upstox Vs Dhan Research Report

	Upstox	Dhan
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Upstox Vs Dhan Suitable For Investor Type

	Upstox	Dhan
Casual Investor
Active Investor
Trader

Upstox Vs Dhan - Pros and Cons

	Upstox	Dhan
Pros	Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.	Safe, reliable, and technologically first online broker. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free account opening. AMC free demat account. Free equity delivery trades. Flat Rs 20 per trade brokerage for all other segments.
Cons	Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 20 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans.
Reviews
Promo / Offers	Upstox Special Offer Exclusive offer by Upstox Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.	Dhan Special Offer Brokerage-free share delivery trading and AMC free demat account Free account opening and Demat AMC + Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O + Separate option trading APP. This is a limited-time offer. Open an instant account online and start trading today.
	Open Upstox Account

1 Comments

1.Abhishek Kushwah || Link|March 19, 2024 10:18:08 PMReply

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