Dhan
Indian trading and investing app built around options traders, with TradingView charts and free APIs.
Updated · AppBreakup editorial · Web, Android, iOS
Is Dhan free?
Free plan, plus paid plans
Switch from Dhan to
All 7
Zerodha KiteFree plan + paid
GrowwFree plan + paid
UpstoxFree plan + paid
- Verified facts
- 10 of 10
- Alternatives ranked
- 7
- Approved reviews
- 0
- Visits sent from here
- 0
About Dhan
Dhan is a Mumbai-based stock broker, run by Raise Securities, whose apps and web platform cover Indian stocks, futures and options, commodities, ETFs, direct mutual funds, IPOs and US stocks. It leans towards active traders: there is a separate Options Trader app and web platform, a desktop-style trading terminal, order types for scalping and large orders, and TradingView charts you can trade from directly. Developers and algo traders get the DhanHQ trading APIs at no extra charge. Long-term investors get stock and mutual fund SIPs, dividend tracking and smallcase portfolios. Account opening and annual maintenance are free, equity delivery trades carry no brokerage, and intraday, futures and options orders cost a flat fee per order plus statutory charges. Margin trading and US stocks (fractional, from small amounts) are extra services with their own costs. Dhan says it doesn't make sales calls or give tips. It runs on Android, iOS and the web, and is only for Indian residents with a PAN.
Best for: Indian F&O and intraday traders who want TradingView charts, fast order tools and free APIs.
Dhan pricing (checked Nov 8, 2026)
Each line is quoted from Dhan's own site, with the page it came from.
| Plan or term | What it says | Checked | Source |
|---|---|---|---|
| Account opening and AMC | ₹0 | Nov 8, 2026 | dhan.co |
| Equity delivery brokerage | ₹0 | Nov 8, 2026 | dhan.co |
| Intraday and F&O brokerage | ₹20 per order | Nov 8, 2026 | dhan.co |
| US stocks | Fractional investing from $1 | Nov 8, 2026 | dhan.co |
| Intraday brokerage | ₹20 or 0.03% per order, whichever is lower | Nov 8, 2026 | dhan.co |
| F&O brokerage | ₹20 per executed order | Nov 8, 2026 | dhan.co |
| Account opening fee | ₹0 for individuals and HUFs | Nov 8, 2026 | dhan.co |
| Annual maintenance charge | ₹0 for individuals; ₹800 + GST for NRIs and firms | Nov 8, 2026 | dhan.co |
| Call & Trade | ₹50 per order + GST | Nov 8, 2026 | dhan.co |
Pros and cons
What works
- No brokerage on equity delivery and no account maintenance charge
- Dedicated options trading app plus trading straight from TradingView charts
- Trading APIs for algo traders at no extra cost
Why people leave
- Intraday and F&O orders still cost a flat fee per order
- Many separate apps and terminals can be confusing for beginners
- Younger broker than Zerodha, Angel One or 5paisa
Dhan vs Zerodha Kite, Groww and Upstox
From each app's listing and the prices verified on its own site. A dash means we haven't verified it yet.
| Attribute | Dhan | Zerodha Kite | Groww | Upstox |
|---|---|---|---|---|
| Pricing | Free plan + paid | Free plan + paid | Free plan + paid | Free plan + paid |
| Verified price | — | — | — | — |
| Free plan | Yes | Yes | Yes | Yes |
| Open source | No | No | No | No |
| Self-hostable | No | No | No | No |
| Platforms | Web, Android, iOS | Web, Android, iOS | Web, Android, iOS | Web, Android, iOS |
Top Dhan alternatives
See all 7- 1Zerodha Kite68.8
India's largest discount broker, with a clean trading platform and free equity delivery trades.
- 2Groww64.8
Simpler app for mutual funds and stocks, suited to beginners more than active options traders.
- 3Upstox61.8
Low-cost broker with a trading app and charting, a close alternative for active traders in India.
- 4
Angel One59.4Full-service broker with research and advisory alongside discount pricing, for traders who want guidance.
- 5
ICICI Direct57.5Bank-linked brokerage with a 3-in-1 account, for investors who prefer a big bank's platform.
Why people left Dhan
In reviewers' own words, from reviews of the apps they moved to. These are their opinions, not ours.
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Reviews
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Dhan: common questions
What is Dhan?
Dhan: Indian trading and investing app built around options traders, with TradingView charts and free APIs. Best for indian F&O and intraday traders who want TradingView charts, fast order tools and free APIs. Available for Web, Android and iOS.
Is Dhan free?
Dhan has a free plan and paid plans.
How much does Dhan cost?
Dhan is free with paid plans. Account opening and AMC: ₹0; Equity delivery brokerage: ₹0; Intraday and F&O brokerage: ₹20 per order; US stocks: Fractional investing from $1. Checked on Dhan's own site, November 2026.
Is Dhan open source?
No, Dhan is not open source.
What platforms does Dhan run on?
Dhan is available for Web, Android and iOS.
What are the best alternatives to Dhan?
The highest-ranked Dhan alternatives right now are Zerodha Kite, Groww and Upstox. See the full ranked list for pricing, platforms and verified facts.
Dhan vs Zerodha Kite: what's the difference?
Both Dhan and Zerodha Kite are free with paid plans. Both run on Web, Android and iOS.