Zerodha Vs Dhan - Broker Comparison | Find Best Broker (2024)

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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, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde...

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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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Zerodha Vs Dhan

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.

ZerodhaDhan
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipNSE, BSE, MCX and NCDEXBSE, NSE, MCX
Year of Incorporation20102021
Number of Branches221
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Zerodha Vs Dhan Charges & AMC

Zerodha trading account opening charges is Rs 200 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).

ZerodhaDhan
Trading Account Opening ChargesRs 200Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)₹0 (Free)
Demat Account Opening ChargesRs 0Rs 0 (Free)
Demat Account AMC ChargesRs 300₹0 (Lifetime Zero AMC)

Zerodha Vs Dhan Brokerage

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 TypeZerodha Flat Brokerage PlanDhan Flat Rate Plan
Fixed ChargesRs 0 or Nill
Equity DeliveryRs 0 (Free)Rs. 0
Equity IntradayRs 20 per executed order or .03% whichever is lowerRs 20 or 0.03% of trade value, whichever is lower
Equity FuturesRs 20 per executed order or .03% whichever is lowerRs 20 or 0.03% of trade value, whichever is lower
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency FuturesRs 20 per executed order or .03% whichever is lowerRs 20 or 0.03% of trade value, whichever is lower
Currency OptionsRs 20 per executed orderRs 20 per executed order
Commodity FuturesRs 20 per executed order or .03% whichever is lowerRs 20 or 0.03% of trade value, whichever is lower
Commodity OptionsRs 20 per executed orderRs 20 per executed order
Special Offer

Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha 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.

Zerodha Charges Vs Dhan

Minimum Brokerage0.03% in Intraday and F&ORs 20
Other ChargesPhysical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade ChargesRs 50 per executed orderRs 50 per order

Zerodha Vs Dhan Transaction Charges

Zerodha transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (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).

ZerodhaDhan
Equity DeliveryNSE Rs 335 per Cr (0.00335%) | 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 IntradayNSE Rs 335 per Cr (0.00335%) | 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 FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity OptionsNSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency FuturesNSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency OptionsNSE 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)
CommodityGroup A - Rs 260 per Cr (0.0026%)Group A, B : 0.0026%
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Zerodha Vs Dhan Leverage (Margin)

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.

ZerodhaDhan
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 Zerodha and Dhan Features

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.

ZerodhaDhan
3 in 1 AccountZerodha Vs Dhan - Broker Comparison | Find Best Broker (12)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (13)
ChartingZerodha Vs Dhan - Broker Comparison | Find Best Broker (14)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (15)
Automated TradingZerodha Vs Dhan - Broker Comparison | Find Best Broker (16)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (17)
SMS AlertsZerodha Vs Dhan - Broker Comparison | Find Best Broker (18)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (19)
Online DemoZerodha Vs Dhan - Broker Comparison | Find Best Broker (20)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (21)
Online PortfolioZerodha Vs Dhan - Broker Comparison | Find Best Broker (22)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (23)
Margin Trading Funding Zerodha Vs Dhan - Broker Comparison | Find Best Broker (24)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (25)
Margin Against Shares (Equity Cash)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (26)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (27)
Margin Against Shares (Equity F&O)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (28)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (29)
Trading PlatformKite Web, Kite Mobile for Android/iOS and CoinDhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off TimeEq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close3:20 PM
Trading In SME Shares Allowed?Zerodha Vs Dhan - Broker Comparison | Find Best Broker (30)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (31)
Referral ProgramZerodha Vs Dhan - Broker Comparison | Find Best Broker (32)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (33)
Other FeaturesDirect Mutual Funds, APIs for Algo TradingAPIs for Algo Trading, smallcases on Dhan
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Zerodha Vs Dhan Review

Zerodha is rated 3.7 of 5 based on 478 customer reviews whereas Dhan is rated 2.9 of 5 based on 18 customer reviews.

ZerodhaDhan
478 Customer Reviews 18 Customer Reviews
FeesZerodha Vs Dhan - Broker Comparison | Find Best Broker (37)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (38)
BrokerageZerodha Vs Dhan - Broker Comparison | Find Best Broker (39)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (40)
Trading PlatformZerodha Vs Dhan - Broker Comparison | Find Best Broker (41)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (42)
Customer ServiceZerodha Vs Dhan - Broker Comparison | Find Best Broker (43)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (44)
Research CapabilitiesZerodha Vs Dhan - Broker Comparison | Find Best Broker (45)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (46)
Overall RatingsZerodha Vs Dhan - Broker Comparison | Find Best Broker (47)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (48)
Broker RatingZerodha is rated 3.7 of 5 based on 478 customer reviewsDhan is rated 2.9 of 5 based on 18 customer reviews

Contact Broker / Request A Call Back

Zerodha EnquireDhan Enquire
Contact BrokerInvest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha 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.

Zerodha Vs Dhan Investment Options

ZerodhaDhan
Stock / EquityZerodha Vs Dhan - Broker Comparison | Find Best Broker (51)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (52)
CommodityZerodha Vs Dhan - Broker Comparison | Find Best Broker (53)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (54)
CurrencyZerodha Vs Dhan - Broker Comparison | Find Best Broker (55)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (56)
IPOZerodha Vs Dhan - Broker Comparison | Find Best Broker (57)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (58)
Mutual FundsZerodha Vs Dhan - Broker Comparison | Find Best Broker (59)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (60)
Bond / NCDZerodha Vs Dhan - Broker Comparison | Find Best Broker (61)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (62)
DebtZerodha Vs Dhan - Broker Comparison | Find Best Broker (63)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (64)
Other Investment Options

Zerodha Vs Dhan Order Type Offered

ZerodhaDhan
Bracket OrderZerodha Vs Dhan - Broker Comparison | Find Best Broker (66)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (67)
Cover OrderZerodha Vs Dhan - Broker Comparison | Find Best Broker (68)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (69)
Buy Today Sell Tomorrow (BTST)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (70)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (71)
Sell Today Buy Tomorrow (STBT)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (72)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (73)
After Market Order(AMO)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (74)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (75)
Good Till Cancelled (GTC)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (76)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (77)
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Zerodha Vs Dhan Research Report

ZerodhaDhan
Daily Market ReportZerodha Vs Dhan - Broker Comparison | Find Best Broker (79)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (80)
Free TipsZerodha Vs Dhan - Broker Comparison | Find Best Broker (81)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (82)
Quarterly Result AnalysisZerodha Vs Dhan - Broker Comparison | Find Best Broker (83)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (84)
News AlertsZerodha Vs Dhan - Broker Comparison | Find Best Broker (85)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (86)

Zerodha Vs Dhan Suitable For Investor Type

ZerodhaDhan
Casual InvestorZerodha Vs Dhan - Broker Comparison | Find Best Broker (88)
Active InvestorZerodha Vs Dhan - Broker Comparison | Find Best Broker (89)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (90)
TraderZerodha Vs Dhan - Broker Comparison | Find Best Broker (91)Zerodha Vs Dhan - Broker Comparison | Find Best Broker (92)

Zerodha Vs Dhan - Pros and Cons

ZerodhaDhan
Pros
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is 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
  • 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 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  • 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

Zerodha Special Offer

Free stock trading and mutual funds

  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

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.

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