Brokerage & Charges

Dhan Review 2026 – Brokerage, Charges, Features & Pros and Cons

— out of 5
☆☆☆☆☆
0 reviews

Dhan is an Indian stockbroking platform built with a focus on active traders, charting and options-trading workflows. Founded in 2021, the company is headquartered in Mumbai, Maharashtra. Its trading segments include equity delivery, equity intraday, equity futures and options, commodity derivatives. It also offers IPO applications and mutual fund investments and SIPs.

What is Dhan?

Dhan is an Indian stockbroking platform built with a focus on active traders, charting and options-trading workflows.

Best suited for: Active traders and derivatives-focused traders.

Key highlights: Advanced Options Trading Tools and Charting & Trading Integrations.

Dhan Brokerage and Important Charges

The table below focuses on the costs most traders and investors should check first. Brokerage is not the total cost of a trade: taxes, exchange fees and other applicable charges may be additional.

ChargeAmount
Account openingFree
Demat AMC₹0 AMC
Equity delivery₹0
Equity intraday₹20 or 0.03%, whichever lower
Equity futures₹20/order
Equity options₹20/order
DP charges on delivery sell₹12.50 per instruction per ISIN + GST
Call & trade₹50 + GST per order
Auto square-off₹20 + GST per order

Rates are drawn from the central broker database. Confirm the latest applicable tariff, taxes and account-specific conditions with the broker.

Understanding these charges

Brokerage is the broker's fee for executing a trade. DP charges can apply when shares are sold from a demat account, even where delivery brokerage is zero. AMC is an account maintenance fee that can vary by account category. Traders should also consider auto square-off fees, applicable taxes and financing costs before estimating their total expense.

Dhan Trading Platforms and Services

Dhan focuses on self-directed investors and active traders, combining low standard account costs with specialist charting, options analysis and order-management tools.

Dhan App and Dhan Web

Dhan App and Dhan Web allow users to follow stocks, view holdings and positions, place orders and access equities, futures, options and supported commodity products. Dhan Web gives active traders more screen space for charts, option chains and position management.

Dhan + TradingView and Direct Chart Trading

The Dhan + TradingView workspace at tv.dhan.co supports chart-based trading in stocks, futures, options and commodities. It includes technical indicators, drawing tools, multiple chart layouts and the ability to manage supported trades directly from charts. Dhan also advertises broker integration with TradingView.com.

Options Trader App and Web

Dhan offers dedicated Options Trader interfaces on mobile and web, with advanced option chains, Greeks, open-interest analysis, real-time payoff diagrams, screeners and predefined strategy workflows. These features serve derivatives-focused users who want research and execution tools together.

Super Orders, Basket Orders and Risk Controls

Trading features include Super Orders combining entry, target and stop-loss instructions, basket orders, Forever orders with OCO logic, market alerts, Iceberg Plus and position-management shortcuts. Traders should learn each order's trigger and execution behaviour before relying on it.

Equity Delivery, ETFs, Mutual Funds and IPOs

Alongside active trading products, Dhan supports equity delivery investing, ETFs, mutual funds and IPOs. Its published standard pricing lists zero delivery brokerage and no AMC for individual and HUF accounts. Currency derivatives are shown as unavailable in our current data; verify the account's supported segment list before making a currency-trading decision.

DhanHQ APIs, Pledging and MTF

DhanHQ APIs are designed for developers and systematic traders. Eligible users can also explore pledging securities and margin trading facilities (MTF). Funding interest and transaction fees apply to relevant services, even when standard delivery brokerage is zero.

Dhan Pros and Cons

Dhan's strengths are particularly visible in trading tools and standard account costs; its limitations relate mostly to specialist services and learning requirements.

Advantages of Dhan

Zero delivery brokerage: Dhan lists ₹0 brokerage for standard equity delivery investing, an advantage for frequent portfolio additions.

Free account opening and standard AMC: Individual and HUF accounts have ₹0 opening fees and ₹0 AMC in the published tariff.

TradingView integration: Traders can analyse markets and place eligible orders directly from charts using Dhan + TradingView and supported TradingView connectivity.

Dedicated options platforms: Options Trader App and Web include options chains, Greeks, payoff graphs, screeners and strategy-building workflows.

Advanced order management: Super Orders, basket orders, Forever OCO orders, alerts and position-management controls provide flexibility for active traders.

Competitive intraday brokerage: Standard equity intraday brokerage is ₹20 or 0.03% of trade value per executed order, whichever is lower.

Broad investment and developer tools: IPOs, mutual funds, ETFs, DhanHQ APIs and supported commodity derivatives extend beyond simple stock transactions.

Disadvantages of Dhan

Currency derivatives are not currently offered: The current broker database lists currency futures and currency options as unavailable. Traders who need these segments may have to use another broker.

Call & Trade is relatively expensive: Phone-assisted orders cost ₹50 + GST per order.

Pledging has a separate fee: Pledge and unpledge requests are charged ₹15 + GST per ISIN under the current data.

Learning curve for new investors: Dedicated options workspaces, TradingView integrations and advanced order controls may be more complex than a basic investing app.

Who Should Consider Dhan?

Dhan may suit cost-conscious equity delivery investors who also value a trading-oriented platform, as well as active equity and options traders evaluating advanced tools. Currency derivatives traders should note the current database does not list that segment as supported.

Our Dhan Review Verdict

Dhan stands out for zero standard delivery brokerage, zero AMC for individual and HUF accounts, direct TradingView trading and purpose-built options tools. It is especially worth evaluating for active traders who use charts and strategy workflows. Beginners may need time to learn the platform, and assisted trading, pledging and MTF can still involve meaningful fees.

View additional service and account charges
Account Opening ChargesFree
AMC Charges₹0 AMC
DP Charges₹12.50 per instruction per ISIN + GST
Call & Trade Charges₹50 + GST per order
Auto Square-Off Charges₹20 + GST per order
Delayed Payment / Debit Balance0.0438% per day
Intraday Auto Square-Off TimeEquity: 3:10 PM
F&O (stocks and indices): 3:25 PM
Commodities: 11:15 PM / 11:40 PM, depending on seasonal market hours and daylight-saving adjustments
Payment Gateway / NetbankingFree
Instant WithdrawalFree
Stock Pledging₹15 + GST per ISIN
Stock Unpledging₹15 + GST per ISIN
API SubscriptionTrading APIs- Free, Data APIs Rs 499/-
Buyback0
Take Over0
Offer for Sale (OFS)0
View additional platform and service specifications
NRI AccountsYes- NRO Only
Non-Individual Accountsyes
Trading APIYes
IPO ApplicationsYes
Mutual FundsYes
MTFYes
Stock PledgingYes
Web TradingYes
Mobile AppYes
Platform / AppDhan

Important Information & Disclaimer

Compare Stock Brokerages is an independent information and education website. Broker charges, features and other details are based on available official sources and may change; please verify them directly with the broker. We do not provide personalized investment advice or guarantee outcomes. Trading and investing involve risk. Some account-opening links may earn us a referral commission.

Primary source: Dhan official website

Compare Dhan With Other Brokers

Explore brokerage charges, account fees and features side by side.

Visitor Reviews

Reviews & Ratings

See what visitors have shared about Dhan.

Visitor Reviews
Reviews will appear here once they are approved.

Frequently Asked Questions (FAQs)

Clear answers to common questions about Dhan charges, services and account features.

Account opening is free. Fees can vary by account category, onboarding method and any limited-time offer. Check the broker's current official pricing and the fee shown during application before submitting documents.

AMC is free. AMC is a recurring demat-account maintenance fee, separate from brokerage. The applicable amount can depend on account type, BSDA eligibility and the broker's current schedule; confirm the amount and billing frequency on the official charges page.

Equity delivery brokerage is free. Brokerage is not the same as the total cost of a trade. Applicable STT, exchange transaction charges, GST, SEBI charges, stamp duty and other statutory levies may still apply, so compare the full contract-note cost rather than brokerage alone.

The charge is ₹20 or 0.03% per executed order, whichever is lower. The stated brokerage is calculated per executed order under the broker's published formula. Taxes and exchange/regulatory levies may be charged separately; use the broker's current brokerage calculator for an estimate based on your order value and segment.

F&O brokerage is ₹20 per order. F&O costs can differ between futures and options and by order/segment. Brokerage is only one component; STT/CTT, exchange transaction charges, GST, SEBI charges and stamp duty may also apply. Check the latest schedule before trading.

The DP charge is ₹20 + GST per ISIN. DP charges are generally related to debiting securities from the demat account when shares are sold and are separate from brokerage. The charge may be applied per scrip/ISIN and can have exceptions; check the current schedule for the exact treatment.

Yes. Dhan offers an MTF facility. MTF allows eligible customers to buy approved shares using a combination of their own funds and broker funding. Interest can accrue for as long as funding is used, and brokerage, pledge charges, margin requirements and square-off rules may apply. Review the current eligible-stock list and terms.

Yes. Stock pledging is available. Pledging eligible securities may provide collateral margin, subject to haircut, eligibility and exchange rules. Pledged shares remain subject to restrictions until released; fees and the process for pledge/unpledge should be checked in the broker's current schedule.

Yes. Trading API access is available. API access can have separate subscriptions, rate limits, permissions and technical requirements. Confirm current pricing, data/order limits, documentation and permitted use before building an automated workflow; API availability does not guarantee trading profits.

Yes. IPO applications are supported. IPO applications are subject to the issue's dates, investor eligibility, application limits and supported payment process. Applying through a broker does not guarantee allotment; follow the instructions in the offer documents and the broker's current IPO flow.

Yes. Mutual-fund investing is supported. Mutual-fund availability does not remove investment risk or scheme expenses. Review the scheme information document, riskometer, expense ratio and investment objective, and confirm whether the platform offers direct plans and the specific scheme you want.

Yes. NRO accounts are supported. NRI onboarding and permitted products can differ from resident accounts and may depend on PIS/non-PIS or NRE/NRO arrangements, documentation and applicable regulations. Confirm the broker's current NRI policy and charges before applying.

Yes. HUF and non-individual accounts are supported. HUF, partnership, LLP and corporate accounts can require additional documents and may have different charges, permissions or brokerage from individual accounts. Confirm that your exact legal entity type is accepted and review its onboarding checklist.

Call & Trade is charged at ₹50 + GST per order. Call & Trade fees apply to dealer-assisted orders where the broker's policy says they apply and are usually separate from normal brokerage and statutory levies. Confirm the current fee and which assisted services/orders trigger it.

Auto square-off is charged at ₹20 + GST per order. Auto square-off fees may apply when the broker closes an eligible intraday position under its timing or risk rules. Timings can differ by segment and market conditions; monitor positions yourself and do not rely on forced square-off as a risk-management plan.

Delayed payment charges are 0.0438% per day. Delayed-payment charges may accrue when a debit balance or amount due remains unpaid, according to the broker's policy. Check your ledger, settle dues promptly and verify how the rate is calculated and when it stops applying.

Withdrawal is free. Free withdrawals usually mean the broker does not charge a withdrawal fee; they do not guarantee immediate settlement. Withdrawable balance, settlement cycle, processing cut-off and bank processing times can affect when funds arrive.

Yes. Instant withdrawal is available at no charge. Instant withdrawals may be subject to eligibility, minimum/maximum amounts, available withdrawable funds, service hours and operational conditions. Limits can change, so confirm the current rules in the broker's official help centre before relying on the service.

Dhan offers desktop software, web trading and a mobile app. Web and mobile access can differ in available tools, order types and interface features. Check the broker's current platform documentation and supported devices to ensure the features you use are available on your preferred platform.

Active traders and derivatives-focused users. Suitability depends on the segments you trade, tools you need, service expectations and total costs. Compare brokerage, AMC, DP charges, funding/MTF costs, platform or API fees and support options against your own requirements.

Ready to explore Dhan?

Open Dhan Account
Last verified: 16 September 2026
Scroll to Top