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Dhan Vs Zerodha: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Dhan Max Rs 20 per trade while the brokerage of Zerodha Max Rs 20 per trade. Both the brokers are Discount Brokers. Dhan is having overall lower rating compare to Zerodha. Dhan is rated only 3 out of 5 where Zerodha is rated 4.5 out of 5. Number of active customer for Zerodha is 72,87,148 where number of active customer for Dhan is 4,69,961. Zerodha is serving more customer compare to Dhan.

Here we present side-by-side comparison of Dhan vs Zerodha share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Dhan vs Zerodha's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Dhan vs Zerodha share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Dhan vs Zerodha's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Dhan vs Zerodha on Service

  Dhan Compare
Dhan
Zerodha Compare
Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE, MCX
Active Clients 4,69,961 72,87,148
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan Zerodha is India's number 1 discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and user-friendly Kite trading platform.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Dhan vs Zerodha on Trading & Demat Account Opening Charges

Comparison of Dhan with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - Dhan offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with Zerodha
Charges Dhan Zerodha
Trading Account Opening Fees Free Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Dhan vs Zerodha on Plan Options

Plans are the most important feature you look when compare Dhan with Zerodha. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Dhan with Zerodha on Plan Options
Plan Types Dhan Zerodha
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Dhan vs Zerodha on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare Dhan with Zerodha
Brokerage Charges Compare Dhan Zerodha
Plan Name Dhan Brokerage Plan Max Rs 20 per order Trading Plan
Equity Delivery Free Free
Equity Intraday 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage No NIL
Hidden Charges No No
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 50 per order + GST Rs 50 Per Executable Order
Auto Square off Charges Rs 20 per order + GST Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare Dhan vs Zerodha on Transaction Charges

Compare Dhan with Zerodha on transaction charges and PCM fee by segment.

Transaction Charges - Compare Dhan with Zerodha
Transaction Charges Compare Dhan Zerodha
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for zerodha
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Account Features

Compare Dhan vs Zerodha on Account Features

Compare Dhan with Zerodha on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Dhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Dhan offers a margin funding where Zerodha doesn't offers margin funding. NRI Trading - Zerodha offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Dhan with Zerodha
Account Features Compare Dhan Zerodha
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. Yes, Dhan have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:20 PM 3:10 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Dhan vs Zerodha on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and Zerodha. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Dhan with Zerodha
Trading Platform Compare Dhan Zerodha
Desktop Trading Platform Dhan App, Web, Options Trader Kite By Zerodha
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App Zerodha Kite
Mobile Trading App Demo Dhan App Demo Zerodha Kite Demo
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod Zerodha Kite Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS Zerodha Kite Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Dhan Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare Dhan vs Zerodha on User Rating

  Dhan Zerodha
  12 Customer Reviews    Rate Dhan 160 Customer Reviews    Rate Zerodha
Fees Ratings 2.8 4.0
Trading Brokerage Rating 3.6 4.4
Trading Platform Usability 3.2 3.7
Customer Service Ratings 2.8 3.8
Overall Ratings 3.3 3.9
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare Dhan vs Zerodha on Investment Offerings

Compare Dhan with Zerodha on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Zerodha offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Dhan with Zerodha
Investment Offerings Compare Dhan Zerodha
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Dhan vs Zerodha on Order Types

Order Type - Compare Dhan with Zerodha on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Dhan provide Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Dhan with Zerodha
Order Type Compare Dhan Zerodha
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Dhan vs Zerodha on Customer Service

Compare Dhan with Zerodha on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Dhan with Zerodha
Customer Service Compare Dhan Zerodha
24/7 Customer Service Dhan vs Zerodha - 24x7 customer support No No
Email Support Dhan vs Zerodha - Email Support Yes Yes
Onine Live Chat Dhan vs Zerodha - Onine Live Chat Yes No
Phone Support Dhan vs Zerodha - Phone Support Yes Yes
Toll Free Number Dhan vs Zerodha - Toll Free Number No No
Through Branches Dhan vs Zerodha - Through Branches No Yes
Customer Care Number Dhan vs Zerodha - Customer Care Number 022-48906273 "+ 91 80 4040 2020"
Account Opening Process Dhan vs Zerodha - Account Opening Process Zero Online/Paperless
Customer Support Email Dhan vs Zerodha - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs Zerodha - Knowledge Center/Education https://knowledge.dhan.co/support/home https://zerodha.com/varsity/
Head Office Address Dhan vs Zerodha - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website Dhan vs Zerodha - Company Website https://dhan.co/ https://zerodha.com/
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Tips/Research/Reports Published

Compare Dhan vs Zerodha on Research Reports, Tips

Compare Dhan with Zerodha on research reports and tips provided by the broker.

Research Reports - Compare Dhan with Zerodha
  Dhan Zerodha
Research Mutual Funds Dhan vs Zerodha - Research Mutual Funds No No
Research Equity Reports Dhan vs Zerodha - Research Equity Reports No No
Research ETF Dhan vs Zerodha - Research ETF No No
Daily Market Report Dhan vs Zerodha - Daily Market Report No No
Free Tips Dhan vs Zerodha - Free Tips No No
Quarterly Result Analysis Dhan vs Zerodha - Quarterly Results No No
News Alerts Dhan vs Zerodha - No No
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Demat Account

Compare Dhan vs Zerodha on Demat Account

Compare Dhan with Zerodha on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Zerodha is ₹300 pa where for Dhan is Zero.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Dhan is ₹12.5 per transaction where for Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Dhan with Zerodha
  Dhan Zerodha
DP Source CDSL CDSL
DP ID Dhan vs Zerodha - DP ID 289-2016 81600
Demat Account Annual Maintenance Charges(AMC) Zero ₹300 pa
Advance Deposit Nil Nil
Statutory charges Nil ₹50
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹250 per certificate + courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹250 per certificate + courier charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹12.5 per transaction ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹12.5 per transaction ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹12.5 per transaction ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Dhan vs Zerodha on Special Offers and Promotion

Compare Dhan with Zerodha on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Dhan vs Zerodha on Special Offers and Promotion
  Dhan Zerodha
Pay In and Pay Out Options Dhan vs Zerodha - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Dhan vs Zerodha - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Max 24 hrs except for bank holidays
Bank Supported and Charges Dhan vs Zerodha - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T03:51:34+00:00