Dhan Stock Broker Review 2025 – Honest Look at India’s Fast-Rising Broker
Dhan is quickly becoming one of the most talked-about stockbrokers in India — but is it really better than Zerodha, Groww or Upstox?
In this in-depth review, we break down Dhan’s features, pricing, pros & cons, and help you decide if it’s the right broker for your trading or investing style.
Dhan Stock broker made their entry in one of the highly competitive broking industry in September 2021. Pravin Jadhav who was also the former Paytm Money CEO is the CEO of Dhan. Dhan is backed by leading investor such as MIRAE ASSET, BEENEXT, BLUME, 3ONE4 CAPITAL, Social Leverage etc.
Dhan is SEBI Registered (INZ000006031) online stock broker offering trading on all exchanges (BSE, NSE, MCX) and across all segments (equity, exchange-traded funds, futures, options, currency, commodities). Dhan have partnered with CDSL for depository services.
The company is registered by the name Moneylicious Securities Private Limited and have corporate office in, Borivali East, Mumbai, Maharashtra.
Dhan offers different financial instrument to trade and invest such as Mutual Funds IPO’s, NFO’s, ETF, SGB, Bonds etc.
Key Features of Dhan:
Trusted by 1 million+ users, Dhan has become the go-to trading app for traders and investors looking for speed, advanced tools, reliability, and excellent customer support.
Whether you’re a beginner or a seasoned pro, Dhan offers an all-in-one trading platform designed to simplify your investment journey in the Indian stock market.
- Dhan have 3 trading platform for all devices known as Dhan App for Mobile, Dhan for desktop web version and dedicated option trading platform (Web + App) by dhan. You can do fundamental as well as technical analysis quite easily on all its platform.
- Pre-Built Option Trading Strategies for FREE plus customized Option strategy builder which you won’t be getting at any other broker.
- You can Invest and trade in all segments at Dhan broker i.e. Equity (Stocks), FNO, Commodity, Currency on NSE, BSE & MCX.
- One of the USP of Dhan is it’s brokerage structure, brokerage charges are kept at decent Rs 20 or 0.03% (Whichever is lower) per order.
- There are no brokerage charges for delivery based trades at Dhan.
- Dhan also gives Margin Trading Facility (MTF) for up to 4X leverage (75% funds) from Dhan for Equity Delivery trading. You can buy 950+ stocks and hold them for unlimited period of time.
- With Dhan you can also invest and trade in IPO’s, NFO’s, SIP, Bonds, ETF, SGB, and many other financial products with so much ease.
- Recently Dhan have also made tie up with smallcase for making portfolio based investment moreover they do have a stock recommendation tool as well which gives long term investment ideas known as Stratzy.
- Dhan App have been downloaded on playstore for more than 1 million with a user rating of 4.5 which also shows the trust they have created among users within small time period.
- Dhan also offers another feature known as WelathBasket, it is a basket of stocks/ETFs, based on a strategy, theme or idea. WealthBaskets are professionally managed and help you invest in Stock Markets in a systematic way.
- Dhan has also partnered with Tactic who provides Trade Ideas & Strategies of top SEBI registered traders in currently 3 modes – Intraday, Positional & BTST. This feature will greatly help the new as well as experience traders.
- 1Cliq by oipulse is integrated with Dhan which helps fast traders to identify trends especially scalpers. You can have trade execution with pre defined SL, auto Trailing SL, MTM target and stop loss are some of it’s amazing features.
- Dhan also has Auto-Detection of Candlestick Patterns on Charts on their trading platform which means charts will now automatically recognize & display the names of 37 widely known Candlestick Patterns. Combine this with dhan other features like 20 Depth Data, Price Alerts, Import Watchlists, etc. you have enough data to help you with your trades.
- There are different types of orders available at dhan such as forever, after market, basket order and lot more.
- For a limited time period you can open a Free Dhan trading/demat account with Zero Annual Maintenance Charges online here.
- If we talk about Margin at Dhan, after SEBI Rules on Intraday margin every stockbroker is giving same margin of 5X throughout India, hence this does not matter anymore.
- Overall, Dhan is best for intraday traders as well as investors as the brokerage is very less, moreover the trading platform is best and available with all tools and resources in all 3 versions.
If you’re looking for a modern, feature-rich, and trader-friendly platform, Dhan is easily one of the best choices available today. From zero account opening charges to advanced tools like native TradingView, options strategy builder, and free API access, Dhan is clearly built with the modern Indian trader in mind.
Whether you’re an intraday trader, an options strategist, or a long-term investor, Dhan offers the perfect blend of speed, simplicity, and smart technology — without burning a hole in your pocket.
Why wait? Open your Dhan account now and take control of your trading journey with confidence.
👉 Click here to get started with Dhan
Dhan Charges Breakdown
Charge Type |
Dhan |
|---|---|
Account Opening Fee |
₹0 |
AMC |
₹0 |
Delivery Brokerage |
₹0 |
Intraday Brokerage |
₹20/trade or 0.03% |
F&O Brokerage |
Same as intraday |
Call & Trade Charges |
₹50/order |
DP Charges |
₹13.5 per scrip (sell only) |
Pledge Charges |
₹12.5 per scrip |
Dhan Platforms & App Review
Dhan have 3 trading platform for all devices known as Dhan App for Mobile, Dhan for desktop web version and dedicated option trading platform (Web + App) by dhan.
| Platform | Rating |
|---|
| Web | ⭐⭐⭐⭐☆ (Fast, clean UI) |
| Android App | ⭐⭐⭐⭐☆ (4.3+ rating, smooth interface) |
| iOS App | ⭐⭐⭐⭐☆ |
| Options Trader | ⭐⭐⭐⭐⭐ (Ideal for F&O) |
Let us Review them one by one.
Dhan Web Review:
Dhan web or say browser based trading platform, which can be opened on any web browser you use. Just like a website but with all the tools and resources needed.
As I said above dhan has various features available under the same page such as technical, option chain, customised option strategy builder, fundamentals of company, financials etc.
On left hand you will see the market watch, from here you can add or delete the scrips. When you move and hover over any stock it will give you different options.
If you know how to trade options then all the important details such as option chain, option delta, option moneyness pre build option strategies etc. is easily available for you.
With Dhan platform you get the maximum no. of indicators you want in life. They are just one click away.
You can display and use any type of chart with different candlestick patterns
Whether you want to use:
Support and Resistance indicator and many others
Dhan gives Trading View charts along with ChartIQ on both web and mobile application. Different Candlestick patterns etc. you name the indicator and it will be there.
Dhan also has Auto-Detection of Candlestick Patterns on Charts on their trading platform which means charts will now automatically recognize & display the names of 37 widely known Candlestick Patterns. Combine this with dhan other features like 20 Depth Data, Price Alerts, Import Watchlists, etc. you have enough data to help you with your trades.
As, you can see in the above image of order window, you can place different types of orders in intraday trading, if you select the option delivery, it will give you the option to place different order for delivery.
You can add- withdraw funds directly, create or back-test trading strategies use DHAN API to trade and lot more.
The user interface is so clean and up to the mark, you can easily know which icon will do what, as the moment you will hover to any it will tell you the functionality of it.
So all in all Dhan trading platform has everything what is needed for a hassle-free trading platform.
Open a Free Dhan trading/demat account with Zero Annual Maintenance Charges online here
Dhan App Review:
Dhan also offers its users the mobile app to trade and invest seamlessly online. The mobile version has inbuilt all the major tools, indicator and resources what we have seen in web based platform.
- Access 4,000+ Scrips and major Indices like Nifty 50, Bank Nifty, FinNifty
- Stock Trading App offers 1,600+ Stocks for Intraday Trading
- MTF with 4x Leverage on 1,000+ Stocks & Unlimited Holding Period
- Create a Basket of Stocks & Place Order in 1-Click
- Daily, Weekly, Monthly SIP in Stocks
- Busy Between 09:15 AM to 3:30 PM? Place After Market Orders
- ₹0 Brokerage on Stock Investing & ₹20 for Intraday Trading
- Buy/Sell Directly from Option Chain
- Get Real-time Payoff Graph, Greeks & Live Trade Volumes
- Advanced Order Types like Trailing Stop Loss, Iceberg, Forever (GTT)
- Get Instant Pledge Margin for Option
- Buying/Selling on 1,500 Stocks
- Buy Options Quickly with Flash Trade
- ₹20 on Options for All Segments
- ₹20 or 0.03% (whichever is lower) on Futures for All Segments
- Choose from 1,000+ Direct Mutual Funds
- Start SIP in Equity, Debt, Hybrid, and Index Funds
- Save Taxes with ELSS Funds
- Find Top Rated Funds Easily on Mutual Funds SIP App
- Add Multiple Funds in Cart and Invest in 1-Click
- Manage Mutual Fund SIP with AutoPay or 1-Tap Top-up
- Pay ZERO Charges for investing mutual funds – Absolutely Free!
- Access to All Stock Market ETFs – Nifty BEES, Gold, Debt, Global
- Daily, Weekly, & Monthly SIP in ETFs
- Pledge ETFs in your Portfolio to get Money for Trading
- MTF with 4X Leverage for Swing Trading ETFs
- Separate ETF Dashboard for Tracking Returns
- ₹0 Brokerage on ETF Investing
- Trade All Currency Pairs: 4 INR & 3 Cross Currency
- Trade All Commodities: Gold, Silver, Crude Oil, Natural Gas etc.
- Trade Currencies & Commodities from Charts
- Pre-Apply for Upcoming IPOs
- Bid for Mainboard & SME IPOs
- Invest in IPO at ₹0 Charges
Special Features Built by Dhan Broker to Solve Problems:
- Trade Options on TradingView.com only via Dhan
- Access & Trade NIFTY, NIFTY BANK, FINNIFTY from Charts
- Set Alerts on Losses and Over Trading with Trader’s Controls
- Evaluate what went right and wrong in your strategy with Traders Diary
- Save your Order and Execute later whenever you want with Draft Order
Dhan mobile App have been downloaded on playstore for more than 1.5 million with a user rating of 4.5 which also shows the trust they have created among users within small time period.
Open a Free Dhan trading/demat account with Zero Annual Maintenance Charges online here
Dhan Option Trading App Review:
Apart from normal trading app dhan also have a dedicated option trading platform (Web + App) for a powerful options trading experience designed especially for F&O Traders.
Options Trader by Dhan is one of the best app for F&O trading because of features like:
- Readymade Option Strategies – Fast create and execute popular option strategies like Straddle, Strangle, Iron Condor, and many more with our options app.
- Custom Strategy Builder – Create your own derivative trading strategies and execute them from the same platform. Simple. Convenient. Powerful option strategy builder!
- Options Screener & Scanner – Identify and monitor scrips based on Volume, OI, Trends, Buildup, IV, and more with our option trading analysis app.
- Outlook Based Ideas – Search scrips available for option trading ideas based on Bullish, Bearish, or Netural market outlook.
- Realtime Pay-off Graph – Dhan app for option analysis helps you understand the potential P&L for your strategies before you execute them.
- Dedicated Commodity & Currency Dashboard – If you are Trading Across Segments than you can Manage your positions in separate, dedicated dashboards.
- Forever Order with OCO – Set a target price that stays active on Dhan FnO app until the specified price hits, including OCO for F&O trading.
- Instant Pledge Margin – Pledge shares from your demat account to get more margin for f&o trading within minutes.
- Option Chain – Trade calls and puts directly from the option chain with Greeks and other awesome insights on Dhan option trading app.
- Synced Across All Dhan Platforms – All Dhan platforms are synced in real-time all across Positions, Orders, Basket, Margin & Funds, Portfolio, Charts, Watchlist and Tradebook.
Dhan option trading App have been downloaded on playstore by more than 1 million users with a user rating of 4.5.
There are no account opening charges as of now with dhan for a limited time period. You can open dhan trading and demat account with zero AMC (Annual Mainenetance Charges).
- ₹0 Demat Account Fees
- ₹0 AMC
- ₹0 Platform Fees
- ₹0 Brokerage for Delivery Trades
- ₹20 per order for Intraday Trades
Dhan vs Zerodha vs Groww: Comparison
Feature |
Dhan |
Zerodha |
Groww |
|---|---|---|---|
AMC |
₹0 |
₹300/year |
₹0 |
Delivery Fees |
₹0 |
₹0 |
₹0 |
Intraday Fees |
₹20 or 0.03% |
₹20 or 0.03% |
₹20 or 0.05% |
TradingView? |
✅ Native |
❌ Plugin only |
❌ |
Stock SIP |
✅ |
❌ |
✅ |
Options Tools |
✅ Advanced |
✅ |
❌ |
👉 Verdict: Dhan offers the best platform for traders, while Groww is more for basic investors, and Zerodha is a reliable all-rounder but lacks modern UI.
Apart from above some other Unique Features That Gives Dhan the Edge
-
⭐ Dhan WiFi: Connect Dhan Web and App for a unified trading experience
-
⭐ Iceberg Plus: Slice large orders for faster, efficient execution
-
⭐ Super Order: Place entry, target, and stop-loss orders simultaneously
-
⭐ Scalper: One-tap trading directly on charts
-
⭐ Watchlist Groups: Track over 10,000+ stocks easily
-
⭐ Trader’s Controls: Alerts for over-trading and high-risk trades
If you’re serious about investing or trading in 2025, Dhan is the app you can count on — fast, feature-rich, and built for traders who want more.
👉 Sign Up for Free and experience the difference yourself.
No hidden charges. No gimmicks. Just smart trading, simplified.
Dhan Real User Reviews & Feedback
🗣️ “Dhan’s TradingView integration is a game-changer. No more switching tabs.”
🗣️ “Super clean UI. Way better than Zerodha’s old-school feel.”
🗣️ “Support was responsive on Twitter but would love chat/voice support in-app.”
Dhan Account Opening Process online:
The account opening process is quite simple and can be done in 3 easy steps. To open an account online, you can sign up using your mobile number through this link. You will receive an OTP to your number and you can get started with the process.
You will be required to enter your PAN, bank account details and personal details to continue with the sign-up.
Once you sign up you need to upload certain documents as listed below.
Documents Required To Open An Online Account with Dhan:
In order to open your demat account, you will require the following documents.
- Identity proof: PAN Card
- Address Proof: Driving license/ Voter’s ID/ Aadhaar Card/ Passport/ Rent Agreement (Registered)/ Latest utility bill (which has the name of the account holder)
- Income Proof (not required for Equity and MF): Bank Statement (last 6 months)/ Salary slip (last 3 months)/Latest ITR copy or Form 16
- Signature copy: Your signature on a blank sheet of paper
Please note: In case if the PAN isn’t KYC compliant, you will need to open your account via In Person Verification (IPV). For this, you will need to upload two videos of 10 seconds each; one with your PAN Card in hand and other with the Address Proof document in hand.
What are Payment Gateway Charges at Dhan?
There are no charges for payment gateway if making the payment through UPI and Net Banking at Dhan.
What are Call-N-Trade Charges at Dhan?
Dhan do not have any charges for you when you call Dhan Customer Care, however for call and trade at dhan you will be charged Rs 50 + GST per order placed through Dhan trade desk.
Dhan Contact/Toll-free Number?
You can call dhan on 02248906273 anytime between 9:00 AM to 6:00 PM from Monday to Saturday.
What are Auto squared off charges by Dhan?
The charges are INR 20/order + GST for auto square off at dhan.
What time does Dhan automatically square-off the intraday positions?
Auto-square off means when the system (Dhan in this case) or the Risk team at Dhan squares off of your open intraday position. The square off time for intraday positions on Dhan is 3:20 PM.
Open a Free Dhan trading/demat account with Zero Annual Maintenance Charges online here
Expert Verdict – Should You Switch to Dhan?
Yes, if you’re a trader or want more control over execution, charts, and speed.
Dhan is not just another discount broker — it’s genuinely innovating, especially for the next-gen Indian trader.
If you’re tired of clunky trading platforms and want modern, high-speed trading with transparent fees — Dhan is one of the best stockbrokers in India today.
According to the latest NSE reports there are about 200+ stock brokers in India, however what makes Dhan a leading and strong contender in the stock broking industry is the tools and resources they have in their trading platform.
Moreover there are no hidden charges and the brokerages are very minimal if we do the industry comparison. They are also backed by cash enriched investors so nothing to fear.
If I have to rate Dhan app after looking at there breakthrough pricing model for brokerages as well as other charges and experiencing there simple yet great user interface for trading platform I would give it 9.6 out of 10.
There’s never been a better time to take control of your financial future and with Dhan, you get the fastest, most reliable, and feature-packed stock broker app in India for 2025.
Whether you’re a beginner eager to start investing or an experienced trader seeking advanced tools and zero brokerage on delivery trades, Dhan has everything you need to succeed.
Don’t settle for less. Join over 1 million satisfied users who trust Dhan to power their trading journey every day. With zero account opening fees, free access to multiple platforms, and dedicated customer support, the path to smarter trading has never been easier.
🚀 Ready to Elevate Your Trading Game?
Start your journey with Dhan — India’s fastest, most reliable, and user-friendly stock broker app trusted by over 1 million users.
No hidden fees. No complicated processes. Just smart, seamless trading.
It takes less than 5 minutes to sign up and start trading.
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Here is the list of things as a beginner you should know, if you are thinking for doing intraday trading.
A brief understanding of
Learn about the basics of candlestick chart patterns and how to use them for intraday trading and investing. You should also learn about the best moving averages to use for better trading result.
Checkout Mastering Intraday Trading: A Beginner’s Guide to Profitable Strategies in the Indian Stock Market
Note: Please do your own research and make investment. Moneycontain will not be responsible for any of your losses at all. The point made is for educational purpose only and intended to give information. All investments are subject to risks, which should be considered prior to making any investments.
Disclaimer
This article is for educational purposes only and does not constitute financial advice. Trading in the stock market involves significant risk. Please consult with a SEBI-registered financial advisor before making any investment decisions.
