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 variety of products including Stocks, ETFs, Options, Futures, Commodities, and Currency Trading. Overall, Dhan is an all-rounder that meets most of an investor's requirements very efficiently.
Dhan's brokerage charges are competitive and affordable for every type of investor. Dhan charges Rs. 20 per trade or 0.03% per transaction for intraday trading. Dhan's delivery charges for trading in stocks and ETFs are Rs. 0. Dhan also offers a 50% discount for female customers.
Dhan is a modern stock broking company that provides seamless and hassle-free platforms to investors and traders. Even a completely new investor or trader can conveniently invest in securities with the help of these trading platforms. The trading platforms include Dhan App (mobile applications) and Dhan Web (web-based platforms).
Some of the unique features of Dhan that set it apart from other competitors are:
- Experienced management team leading the company.
- Low and flat-rate brokerage charges.
- The brokerage charge is Rs. 20 for most types of trades.
- Technology-led and product-based broker.
- Zero account opening and maintenance charges.
- Multiple trading platforms for well-sorted trading.
- User-friendly and simple trading process.
- Innovative alternatives like small cases for investment.
- Up to 4x leverage for investing and trading.
- 50% lower brokerage charges for women.
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.
Dhan Charges 2024
1. Dhan Account Opening Charges
Dhan online registration charges or Dhan account opening charges are Rs 0. The broker does not charge any fees for account opening or account maintenance. This is applicable to both, the Dhan Demat account and the Dhan Trading account.
2. Dhan Brokerage Charges
Dhan customers are not burdened with heavy costs on brokerage. The brokerages are very economical and easy. Dhan broking charges for Equity Delivery Trades, ETFs, and IPOs are nil. For equity intraday in all segments, the entity charges Rs 20 or 0.03% of trade value per executed order, whichever is lower. So, in this case, the maximum brokerage charge will be Rs 20/per trade only.
2.1 Dhan Equity Charges
2.2 Dhan F&O Charges
Dhan offers trading in futures and options to its customers. Brokerage fees in this segment are also low. Dhan charges 0.03% per trade or Rs 20 per trade (whichever is lower) for intraday transactions in futures (stocks). For Option, the charges are Rs 20 per executed order.
2.3 Dhan Currency Charges
The Dhan currency brokerage charge is Rs 20 per executed order or 0.03% (whichever is lower) for foreign exchange (futures). For foreign exchange (options), a flat fee of Rs 20 per executed order is charged. In addition, customers also have to pay taxes like STT, transaction tax, GST, SEBI charges and stamp duty.
2.4 Dhan Commodity Charges
Another variety of financial security offered by Dhan is Commodity trading. Charges for commodity trades are Rs 20 per executed order or 0.03% per executed order, whichever is lower. For Commodity (options), brokerage charges are Rs 20 per executed order.
3. Dhan ETF Charges
An ETF is a collection of different stocks in an index such as the Nifty 50. This allows investment in multiple stocks. It is a basket of stocks. Dhan charges a brokerage of Rs 20 per trade or 0.03% per executed order, whichever is lower, for Equity Intraday in the ETF segment. Equity delivery charges, on the other hand, are Rs 0. The fees for ETFs such as Securities Transaction Tax (STT), GST, etc., are the same as for equity delivery and intraday brokerage.
Visit Dhan Brokerage Charges Review for more detail.
Dhan Online Account Opening
To start an investment journey with Dhan, you need to have access to its trading platforms and use its features. To do this, you need to open an account with the broker.
Fill out an online application form through the website or mobile app and simply register.
Below are the steps to open a Dhan account online:
- Go to the Dhan website or download Dhan Mobile App.
- On the home page, go to the "Open a demat account" tab.
- Enter your mobile number and verify it. Then add an email address and verify it through OTP.
- Set a 6-digit pin for the account.
- You can also add the referral code, if you have.
- Complete your KYC process by submitting mandatory documents like Pan Card, Aadhaar, Driving License, etc.
- Take a picture or upload your picture.
- Sign on a white paper, take a picture of it and upload it.
- Add correct annual income, profession and trading experience for account declaration.
- Enter Bank account details like IFSC code and account number.
- Your bank account will be verified.
- Set password for your Dhan account.
- Complete e-Sign with OTP on your aadhar linked mobile
- Verification at exchanges take 24-48 hours, post which account is ready to trade.
Dhan Trading Software (Dhan Trading Platforms)
Dhan Active customers use the company's trading platforms to place and execute their trades. The app offers various features through which traders can easily track market activity. Dhan currently has the following trading platforms:
- Dhan web
- Dhan Tradingview
- Dhan App
- Dhan Options Trader App
- Dhan Options Trader Web
1. Dhan Web
web.dhan.co is a fast and efficient platform that always strives to improve users' trading experience. With a bigger screen and better experience, customers can keep track of the stock market.
- Dhan Web is a fast and user-friendly platform with features like charts, indicators, quick fund withdrawals, trading view charts, 15-minute setup, instant margin and webhooks.
- The platform is supported by facilities like Advanced Option Chain, Easy QR Login (for fast and secure login), Instant Margin & Pledge features and many more.
2. Dhan TradingView
Dhan TradingView is an accessible and easy-to-use platform that allows you to trade directly from TradingView.com. Customers can connect their Dhan account to TradingView.com. Following are some key features of Dhan TradingView:
- 100+ Pre-Built Indicators
- All segment trading available
- Real-Time Data Analysis
- Lower Brokerage benefits
You can connect Dhan to Tradingview.com trading panel and have access to all of its features.
3. Dhan App
Dhan App is a Mobile Application available for download on Google Play Store and App Store. The app is a comprehensive trading and investment platform developed for mobile phones. The application allows trading in Stocks, IPOs, Futures, Currencies, Commodities, and Options. The app is designed for all investors, including long-term investors and super traders.
Features of Dhan app:
- Superfast Investment Experience
- Advanced Option Chain
- Smart SIPs in Stocks & ETFs
- Smart Portfolio
- Basket Orders for Strategy
- Trader's Controls
- Margin Trading Facility
4. Dhan Options Trader App
Dhan Options Trader App is an app designed specifically for Futures & Options Traders. This is a powerful trading app designed for an efficient experience when trading F&Os. Dhan Options App brings together all the essential and exciting features that an Options Trader wants, such as:
- Market Outlook
- Pre-Built Strategies
- Screener
- Live Market Scan
- Option Greeks
- Pay-off Graphs
5. Dhan Options Trader Web
Dhan clients can access the Options Trader web platform from their desktops. This is a dedicated platform for options trading. It is equipped with resourceful options and offers numerous securities.
Some of the most important features of Dhan Options Trader Web are Free Custom Strategy Builder, Margin on Option Buying, Free Option Trading Ideas, Free Pre-Built Strategies and F&O Screener & Scanners.
Visit Dhan Trading Software Review for more detail.
Dhan Account Opening Enquiry
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.
Dhan Pros and Cons
Dhan Pros (Advantages)
The following are the advantages of Dhan. You must read Dhan advantages and disadvantages before opening an account with Dhan. Dhan pros and cons help you find if it suits your investment needs.
- New Age Broker: Dhan is a new-age online stock broker primarily operating in the Indian financial market.
- Safest, most reliable & trustworthy broker in India.
- Execute large orders (qty more than freeze limit) smoothly.
- Dedicated Option Trading platform - Web & App.
- Zero cost API.
- Rich with Data & Analytics tool.
- Free options strategy builder.
- Trade directly on Trading view charts.
- Only Indian broker on Tradingview.com's trading panel.
- Special Order Types - Flash Trade, Basket order, Draft order, forever order, SIP order, Iceberg order, Trailing stop loss order.
- Free Webhooks for trading view.
Dhan Cons (Disadvantages)
The following are the cons of Dhan. Check the list of Dhan drawbacks.
- Doesn't provide stock tips, research reports or recommendations.
- Monthly unlimited trading plans are not available.
- Call & Trade is available at an additional fee of Rs 50 per executed order.
- 3-in-1 trading account is not available as Dhan doesn't provide banking services.