Dhan vs Zerodha
Compare Dhan and Zerodha brokerage, AMC, DP charges, trading products and verified conditions.
Catalogue published . Field evidence was checked between 29 October 2026 and 30 October 2026. Values retain their plan conditions and field-level dates.
At a glance
Headline values; conditions, caps and minimums remain part of each entry.
| Charge | Dhan | Zerodha |
|---|---|---|
| Equity delivery | ₹0 / executed order + applicable taxOrdinary resident retail trades; statutory charges are separate. | ₹0 / executed order + applicable taxResident retail delivery only. A ₹0.01 minimum per contract note appears in the tariff disclaimer; statutory charges are separate. |
| Equity intraday | 0.03%, capped at ₹20 / executed order + applicable taxOrdinary resident retail trades; statutory charges are separate. | 0.03%, capped at ₹20 / executed order + applicable taxOrdinary resident retail trades; statutory charges are separate. |
| Equity options | ₹20 / executed order + applicable taxOrdinary orders; exercise and settlement excluded. | ₹20 / executed order + applicable taxOrdinary resident retail trades; statutory charges are separate. |
| Account opening | ₹0 / account + applicable taxOrdinary resident retail trades; statutory charges are separate. | ₹0 / account + applicable taxOrdinary resident retail trades; statutory charges are separate. |
| Annual maintenance | ₹0 / year + applicable taxOrdinary resident retail trades; statutory charges are separate. | First year ₹0; later ₹300/year + GST (non-BSDA)First-year waiver for new resident individual accounts opened on/after 1 June 2026; otherwise non-BSDA ₹300/year + GST, billed quarterly. Annual charge is not prorated in this scenario. |
| DP debit | ₹12.5 / debit event + applicable tax₹12.50 + GST per instruction per ISIN. Supply the actual number of chargeable debit instructions. | ₹15.34 / debit event (tax included)₹15.34 inclusive of GST per sold scrip. Baseline excludes female-first-holder and mutual-fund/bond concessions; debit events must follow the broker’s aggregation. |
Key differences between Dhan and Zerodha
- Dhan and Zerodha show the same equity delivery headline (₹0 / executed order + applicable tax), but their published charging rules or plan conditions differ. Statutory and exchange charges remain separate unless the displayed value says otherwise.
- Dhan and Zerodha show the same equity options headline (₹20 / executed order + applicable tax), but their published charging rules or plan conditions differ. Statutory and exchange charges remain separate unless the displayed value says otherwise.
- For annual maintenance, Dhan lists ₹0 / year + applicable tax, while Zerodha lists First year ₹0; later ₹300/year + GST (non-BSDA). Statutory and exchange charges remain separate unless the displayed value says otherwise.
- For dp debit, Dhan lists ₹12.5 / debit event + applicable tax, while Zerodha lists ₹15.34 / debit event (tax included). Statutory and exchange charges remain separate unless the displayed value says otherwise.
- For mtf rates & basis, Dhan lists 12.49%–15.49% p.a. by funded-principal slab, while Zerodha lists 0.04% per day.
Broker comparison workspace
| Features | ||
|---|---|---|
| Official website | Official website | Official website |
| Equity deliveryBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. | ₹0 / executed order + applicable tax Resident retail delivery only. A ₹0.01 minimum per contract note appears in the tariff disclaimer; statutory charges are separate. Estimate limited · see details |
| Equity intradayBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | 0.03%, capped at ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. | 0.03%, capped at ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. |
| Equity futuresBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | Conflicting evidence Product panel says flat ₹20; FAQ says ₹20 or 0.03%. Resolve applicable tariff. | 0.03%, capped at ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. |
| Equity optionsBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹20 / executed order + applicable tax Ordinary orders; exercise and settlement excluded. | ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. |
| Currency derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| Commodity derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| Account openingBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / account + applicable tax Ordinary resident retail trades; statutory charges are separate. | ₹0 / account + applicable tax Ordinary resident retail trades; statutory charges are separate. |
| Annual maintenanceBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Ordinary resident retail trades; statutory charges are separate. | First year ₹0; later ₹300/year + GST (non-BSDA) First-year waiver for new resident individual accounts opened on/after 1 June 2026; otherwise non-BSDA ₹300/year + GST, billed quarterly. Annual charge is not prorated in this scenario. |
| DP debitBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹12.5 / debit event + applicable tax ₹12.50 + GST per instruction per ISIN. Supply the actual number of chargeable debit instructions. | ₹15.34 / debit event (tax included) ₹15.34 inclusive of GST per sold scrip. Baseline excludes female-first-holder and mutual-fund/bond concessions; debit events must follow the broker’s aggregation. |
| Plan subscriptionBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Standard platform fee is explicitly ₹0. Optional value-added products are excluded. | Not publicly disclosed A separate standard-platform subscription amount is not itemised in the inspected tariff. Confirm absence; optional research, API and partner products are excluded. |
| Pledge / unpledgeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹15/transaction/ISIN + GST Pledge, unpledge and invocation are each chargeable. | ₹30 + GST per pledge request / ISIN Ordinary resident retail trades; statutory charges are separate. |
| Stocks & ETFsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Listed in the broker’s official products; segment activation and eligibility apply. | Available Listed in the broker’s official products; segment activation and eligibility apply. |
| Direct mutual fundsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Official product list identifies direct mutual funds at zero commission. | Available Published product availability. |
| IPO applicationsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Listed in the broker’s official products; segment activation and eligibility apply. | Available Listed in the broker’s official products; segment activation and eligibility apply. |
| Futures & optionsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Listed in the broker’s official products; segment activation and eligibility apply. | Available Listed in the broker’s official products; segment activation and eligibility apply. |
| BondsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Available Published product availability. |
| Call & tradeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹50/order + GST Orders placed through the trade desk. | ₹50 additional per order Ordinary resident retail trades; statutory charges are separate. |
| Auto square-offCompared for the displayed retail plan and account scope; availability can have conditions. | ₹20/order + GST Intraday RMS square-off before close. | ₹50 additional per order Ordinary resident retail trades; statutory charges are separate. |
| Funding & transfersCompared for the displayed retail plan and account scope; availability can have conditions. | UPI and netbanking ₹0 Broker payment-gateway charge; bank charges are separate. | UPI free; netbanking ₹9 + GST IMPS/NEFT/RTGS are free from Zerodha; bank charges may apply. |
| Resident account scopeCompared for the displayed retail plan and account scope; availability can have conditions. | Resident individual retail Selected comparison scope. Other account types and optional offers are excluded. | Resident individual retail Selected comparison scope. Other account types and optional offers are excluded. |
| Demat arrangementCompared for the displayed retail plan and account scope; availability can have conditions. | CDSL demat Official footer lists IN-DP-289-2016. | CDSL / NSDL Depository registration IN-DP-431-2019 stated in official footer. |
| BSDA eligibilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Separate holding-based AMC slabs After first year: up to ₹4 lakh nil; ₹4–10 lakh ₹100/year + GST. Eligibility/account-count rules apply. |
| OnboardingCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| WithdrawalsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| Web & mobile platformsCompared for the displayed retail plan and account scope; availability can have conditions. | Dhan app/web; Options Trader app/web Separate interfaces listed by the broker. | Kite web and mobile; Console Trading interface and separate reporting dashboard. |
| Order typesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| Charting & alertsCompared for the displayed retail plan and account scope; availability can have conditions. | TradingView integration and charts Feature availability does not imply trading results. | Not yet verified Research pending. |
| ReportsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Console downloadable reports Report availability is not a claim of independent usability testing. |
| Trading API & chargesCompared for the displayed retail plan and account scope; availability can have conditions. | DhanHQ trading APIs Official site advertises free trading APIs; data entitlements and premium products need separate verification. | Personal free; Connect ₹500/month per app Paid plan includes live/historical data. Eligible ₹2,000 monthly brokerage earns renewal credits from October 2026. Optional, not part of standard comparison costs. |
| MTF rates & basisCompared for the displayed retail plan and account scope; availability can have conditions. | 12.49%–15.49% p.a. by funded-principal slab Up to ₹5 lakh 12.49%; then ₹10 lakh 13.49%, ₹25 lakh 14.49%, ₹5 crore 15.49%. Financing calculations are excluded. | 0.04% per day Funded amount, T+1 through sale; not an MTF cost engine. |
| MTF eligibility & pledgeCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| Support channels & hoursCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| Escalation & grievanceCompared for the displayed retail plan and account scope; availability can have conditions. | Official customer-care and grievance channels Links and current contact details are on the official site. | Not yet verified Research pending. |
| Branch availabilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. | Not yet verified Research pending. |
| Legal entityCompared for the displayed retail plan and account scope; availability can have conditions. | Raise Securities Private Limited Legal entity matched with the NSE member directory. | Zerodha Broking Limited Legal entity matched with the NSE member directory. |
| Registrations & membershipsCompared for the displayed retail plan and account scope; availability can have conditions. | INZ000006031; NSE member 90133 Identity verification does not imply an endorsement or guarantee. | INZ000031633; NSE member 13906 Identity verification does not imply an endorsement or guarantee. |
Official website
- Dhan
- Official website
- Zerodha
- Official website
Equity deliveryBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- ₹0 / executed order + applicable tax
Ordinary resident retail trades; statutory charges are separate.
- Zerodha, Standard · resident retail
- ₹0 / executed order + applicable tax
Resident retail delivery only. A ₹0.01 minimum per contract note appears in the tariff disclaimer; statutory charges are separate.
Estimate limited · see details
Equity intradayBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- 0.03%, capped at ₹20 / executed order + applicable tax
Ordinary resident retail trades; statutory charges are separate.
- Zerodha, Standard · resident retail
- 0.03%, capped at ₹20 / executed order + applicable tax
Ordinary resident retail trades; statutory charges are separate.
Equity futuresBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- Conflicting evidence
Product panel says flat ₹20; FAQ says ₹20 or 0.03%. Resolve applicable tariff.
- Zerodha, Standard · resident retail
- 0.03%, capped at ₹20 / executed order + applicable tax
Ordinary resident retail trades; statutory charges are separate.
Equity optionsBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- ₹20 / executed order + applicable tax
Ordinary orders; exercise and settlement excluded.
- Zerodha, Standard · resident retail
- ₹20 / executed order + applicable tax
Ordinary resident retail trades; statutory charges are separate.
Currency derivativesCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Commodity derivativesCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Account openingBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- ₹0 / account + applicable tax
Ordinary resident retail trades; statutory charges are separate.
- Zerodha, Standard · resident retail
- ₹0 / account + applicable tax
Ordinary resident retail trades; statutory charges are separate.
Annual maintenanceBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- ₹0 / year + applicable tax
Ordinary resident retail trades; statutory charges are separate.
- Zerodha, Standard · resident retail
- First year ₹0; later ₹300/year + GST (non-BSDA)
First-year waiver for new resident individual accounts opened on/after 1 June 2026; otherwise non-BSDA ₹300/year + GST, billed quarterly. Annual charge is not prorated in this scenario.
DP debitBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- ₹12.5 / debit event + applicable tax
₹12.50 + GST per instruction per ISIN. Supply the actual number of chargeable debit instructions.
- Zerodha, Standard · resident retail
- ₹15.34 / debit event (tax included)
₹15.34 inclusive of GST per sold scrip. Baseline excludes female-first-holder and mutual-fund/bond concessions; debit events must follow the broker’s aggregation.
Plan subscriptionBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- Dhan, Standard · resident retail
- ₹0 / year + applicable tax
Standard platform fee is explicitly ₹0. Optional value-added products are excluded.
- Zerodha, Standard · resident retail
- Not publicly disclosed
A separate standard-platform subscription amount is not itemised in the inspected tariff. Confirm absence; optional research, API and partner products are excluded.
Pledge / unpledgeCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- ₹15/transaction/ISIN + GST
Pledge, unpledge and invocation are each chargeable.
- Zerodha, Standard · resident retail
- ₹30 + GST per pledge request / ISIN
Ordinary resident retail trades; statutory charges are separate.
Stocks & ETFsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Available
Listed in the broker’s official products; segment activation and eligibility apply.
- Zerodha, Standard · resident retail
- Available
Listed in the broker’s official products; segment activation and eligibility apply.
Direct mutual fundsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Available
Official product list identifies direct mutual funds at zero commission.
- Zerodha, Standard · resident retail
- Available
Published product availability.
IPO applicationsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Available
Listed in the broker’s official products; segment activation and eligibility apply.
- Zerodha, Standard · resident retail
- Available
Listed in the broker’s official products; segment activation and eligibility apply.
Futures & optionsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Available
Listed in the broker’s official products; segment activation and eligibility apply.
- Zerodha, Standard · resident retail
- Available
Listed in the broker’s official products; segment activation and eligibility apply.
BondsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Available
Published product availability.
Call & tradeCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- ₹50/order + GST
Orders placed through the trade desk.
- Zerodha, Standard · resident retail
- ₹50 additional per order
Ordinary resident retail trades; statutory charges are separate.
Auto square-offCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- ₹20/order + GST
Intraday RMS square-off before close.
- Zerodha, Standard · resident retail
- ₹50 additional per order
Ordinary resident retail trades; statutory charges are separate.
Funding & transfersCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- UPI and netbanking ₹0
Broker payment-gateway charge; bank charges are separate.
- Zerodha, Standard · resident retail
- UPI free; netbanking ₹9 + GST
IMPS/NEFT/RTGS are free from Zerodha; bank charges may apply.
Resident account scopeCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Resident individual retail
Selected comparison scope. Other account types and optional offers are excluded.
- Zerodha, Standard · resident retail
- Resident individual retail
Selected comparison scope. Other account types and optional offers are excluded.
Demat arrangementCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- CDSL demat
Official footer lists IN-DP-289-2016.
- Zerodha, Standard · resident retail
- CDSL / NSDL
Depository registration IN-DP-431-2019 stated in official footer.
BSDA eligibilityCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Separate holding-based AMC slabs
After first year: up to ₹4 lakh nil; ₹4–10 lakh ₹100/year + GST. Eligibility/account-count rules apply.
OnboardingCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
WithdrawalsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Web & mobile platformsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Dhan app/web; Options Trader app/web
Separate interfaces listed by the broker.
- Zerodha, Standard · resident retail
- Kite web and mobile; Console
Trading interface and separate reporting dashboard.
Order typesCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Charting & alertsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- TradingView integration and charts
Feature availability does not imply trading results.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
ReportsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Console downloadable reports
Report availability is not a claim of independent usability testing.
Trading API & chargesCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- DhanHQ trading APIs
Official site advertises free trading APIs; data entitlements and premium products need separate verification.
- Zerodha, Standard · resident retail
- Personal free; Connect ₹500/month per app
Paid plan includes live/historical data. Eligible ₹2,000 monthly brokerage earns renewal credits from October 2026. Optional, not part of standard comparison costs.
MTF rates & basisCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- 12.49%–15.49% p.a. by funded-principal slab
Up to ₹5 lakh 12.49%; then ₹10 lakh 13.49%, ₹25 lakh 14.49%, ₹5 crore 15.49%. Financing calculations are excluded.
- Zerodha, Standard · resident retail
- 0.04% per day
Funded amount, T+1 through sale; not an MTF cost engine.
MTF eligibility & pledgeCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Support channels & hoursCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Escalation & grievanceCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Official customer-care and grievance channels
Links and current contact details are on the official site.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Branch availabilityCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Not yet verified
Research pending.
- Zerodha, Standard · resident retail
- Not yet verified
Research pending.
Legal entityCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- Raise Securities Private Limited
Legal entity matched with the NSE member directory.
- Zerodha, Standard · resident retail
- Zerodha Broking Limited
Legal entity matched with the NSE member directory.
Registrations & membershipsCompared for the displayed retail plan and account scope; availability can have conditions.
- Dhan, Standard · resident retail
- INZ000006031; NSE member 90133
Identity verification does not imply an endorsement or guarantee.
- Zerodha, Standard · resident retail
- INZ000031633; NSE member 13906
Identity verification does not imply an endorsement or guarantee.
Credivant broker comparison · 1
Full selected comparison · brokers-2026-11-03-pilot-1 · published 2026-11-03 · evaluated 2026-11-08.
| Features | ||
|---|---|---|
| Official website | Official website | Official website |
| Brokerage | ||
| Equity deliveryBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. | ₹0 / executed order + applicable tax Resident retail delivery only. A ₹0.01 minimum per contract note appears in the tariff disclaimer; statutory charges are separate. Estimate limited: The ₹0.01 contract-note minimum needs contract-note aggregation, which this per-order scenario does not collect. Checked 2026-10-30. |
| Equity intradayBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | 0.03%, capped at ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. | 0.03%, capped at ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. |
| Equity futuresBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | Conflicting evidence Product panel says flat ₹20; FAQ says ₹20 or 0.03%. Resolve applicable tariff. Checked not established. | 0.03%, capped at ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. |
| Equity optionsBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹20 / executed order + applicable tax Ordinary orders; exercise and settlement excluded. Checked 2026-10-29. | ₹20 / executed order + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. |
| Currency derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| Commodity derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| Account charges | ||
| Account openingBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / account + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. | ₹0 / account + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. |
| Annual maintenanceBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. | First year ₹0; later ₹300/year + GST (non-BSDA) First-year waiver for new resident individual accounts opened on/after 1 June 2026; otherwise non-BSDA ₹300/year + GST, billed quarterly. Annual charge is not prorated in this scenario. Checked 2026-10-30. |
| DP debitBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹12.5 / debit event + applicable tax ₹12.50 + GST per instruction per ISIN. Supply the actual number of chargeable debit instructions. Checked 2026-10-30. | ₹15.34 / debit event (tax included) ₹15.34 inclusive of GST per sold scrip. Baseline excludes female-first-holder and mutual-fund/bond concessions; debit events must follow the broker’s aggregation. Checked 2026-10-30. |
| Plan subscriptionBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Standard platform fee is explicitly ₹0. Optional value-added products are excluded. Checked 2026-10-30. | Not publicly disclosed A separate standard-platform subscription amount is not itemised in the inspected tariff. Confirm absence; optional research, API and partner products are excluded. Checked not established. |
| Pledge / unpledgeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹15/transaction/ISIN + GST Pledge, unpledge and invocation are each chargeable. Checked 2026-10-30. | ₹30 + GST per pledge request / ISIN Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. |
| Products | ||
| Stocks & ETFsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Listed in the broker’s official products; segment activation and eligibility apply. Checked 2026-10-30. | Available Listed in the broker’s official products; segment activation and eligibility apply. Checked 2026-10-30. |
| Direct mutual fundsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Official product list identifies direct mutual funds at zero commission. Checked 2026-10-30. | Available Published product availability. Checked 2026-10-29. |
| IPO applicationsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Listed in the broker’s official products; segment activation and eligibility apply. Checked 2026-10-30. | Available Listed in the broker’s official products; segment activation and eligibility apply. Checked 2026-10-30. |
| Futures & optionsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Listed in the broker’s official products; segment activation and eligibility apply. Checked 2026-10-30. | Available Listed in the broker’s official products; segment activation and eligibility apply. Checked 2026-10-30. |
| BondsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Available Published product availability. Checked 2026-10-29. |
| Other trading charges | ||
| Call & tradeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹50/order + GST Orders placed through the trade desk. Checked 2026-10-30. | ₹50 additional per order Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. |
| Auto square-offCompared for the displayed retail plan and account scope; availability can have conditions. | ₹20/order + GST Intraday RMS square-off before close. Checked 2026-10-30. | ₹50 additional per order Ordinary resident retail trades; statutory charges are separate. Checked 2026-10-30. |
| Funding & transfersCompared for the displayed retail plan and account scope; availability can have conditions. | UPI and netbanking ₹0 Broker payment-gateway charge; bank charges are separate. Checked 2026-10-30. | UPI free; netbanking ₹9 + GST IMPS/NEFT/RTGS are free from Zerodha; bank charges may apply. Checked 2026-10-30. |
| Account features | ||
| Resident account scopeCompared for the displayed retail plan and account scope; availability can have conditions. | Resident individual retail Selected comparison scope. Other account types and optional offers are excluded. Checked 2026-10-30. | Resident individual retail Selected comparison scope. Other account types and optional offers are excluded. Checked 2026-10-30. |
| Demat arrangementCompared for the displayed retail plan and account scope; availability can have conditions. | CDSL demat Official footer lists IN-DP-289-2016. Checked 2026-10-30. | CDSL / NSDL Depository registration IN-DP-431-2019 stated in official footer. Checked 2026-10-30. |
| BSDA eligibilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Separate holding-based AMC slabs After first year: up to ₹4 lakh nil; ₹4–10 lakh ₹100/year + GST. Eligibility/account-count rules apply. Checked 2026-10-30. |
| OnboardingCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| WithdrawalsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| Platforms & tools | ||
| Web & mobile platformsCompared for the displayed retail plan and account scope; availability can have conditions. | Dhan app/web; Options Trader app/web Separate interfaces listed by the broker. Checked 2026-10-30. | Kite web and mobile; Console Trading interface and separate reporting dashboard. Checked 2026-10-30. |
| Order typesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| Charting & alertsCompared for the displayed retail plan and account scope; availability can have conditions. | TradingView integration and charts Feature availability does not imply trading results. Checked 2026-10-30. | Not yet verified Research pending. Checked not established. |
| ReportsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Console downloadable reports Report availability is not a claim of independent usability testing. Checked 2026-10-30. |
| Trading API & chargesCompared for the displayed retail plan and account scope; availability can have conditions. | DhanHQ trading APIs Official site advertises free trading APIs; data entitlements and premium products need separate verification. Checked 2026-10-30. | Personal free; Connect ₹500/month per app Paid plan includes live/historical data. Eligible ₹2,000 monthly brokerage earns renewal credits from October 2026. Optional, not part of standard comparison costs. Checked 2026-10-30. |
| MTF & funding | ||
| MTF rates & basisCompared for the displayed retail plan and account scope; availability can have conditions. | 12.49%–15.49% p.a. by funded-principal slab Up to ₹5 lakh 12.49%; then ₹10 lakh 13.49%, ₹25 lakh 14.49%, ₹5 crore 15.49%. Financing calculations are excluded. Checked 2026-10-30. | 0.04% per day Funded amount, T+1 through sale; not an MTF cost engine. Checked 2026-10-30. |
| MTF eligibility & pledgeCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| Support | ||
| Support channels & hoursCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| Escalation & grievanceCompared for the displayed retail plan and account scope; availability can have conditions. | Official customer-care and grievance channels Links and current contact details are on the official site. Checked 2026-10-30. | Not yet verified Research pending. Checked not established. |
| Branch availabilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified Research pending. Checked not established. | Not yet verified Research pending. Checked not established. |
| Regulatory information | ||
| Legal entityCompared for the displayed retail plan and account scope; availability can have conditions. | Raise Securities Private Limited Legal entity matched with the NSE member directory. Checked 2026-10-30. | Zerodha Broking Limited Legal entity matched with the NSE member directory. Checked 2026-10-30. |
| Registrations & membershipsCompared for the displayed retail plan and account scope; availability can have conditions. | INZ000006031; NSE member 90133 Identity verification does not imply an endorsement or guarantee. Checked 2026-10-30. | INZ000031633; NSE member 13906 Identity verification does not imply an endorsement or guarantee. Checked 2026-10-30. |
Scenario · last calculated inputs
1 identical executed order(s) per side; roundtrip; NSE; turnover per order ₹1,00,000; 12-month period; first year. Annual fees charged in full. Delivery sells use 1 supplied debit event(s). Resident retail, ordinary trades only.
Dhan · Standard · resident retail: ₹12.5 (incomplete subtotal). No current approved statutory/exchange schedule
Zerodha · Standard · resident retail: ₹15.34 (incomplete subtotal). subscription: missing, disputed, future-effective or overdue rule; delivery: The ₹0.01 contract-note minimum needs contract-note aggregation, which this per-order scenario does not collect.; No current approved statutory/exchange schedule
Evidence and methodology
Credivant transforms the versioned broker catalogue into the table above without replacing missing values with zero. Each value keeps its status, plan scope, conditions and check date. The official website row is provided for current confirmation.
Dhan vs Zerodha questions
What are the equity-delivery charges for Dhan and Zerodha?
For the plans displayed in this comparison, Dhan shows ₹0 / executed order + applicable tax; Zerodha shows ₹0 / executed order + applicable tax. Ordinary resident retail trades; statutory charges are separate. Resident retail delivery only. A ₹0.01 minimum per contract note appears in the tariff disclaimer; statutory charges are separate. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise.
Open the comparison workspaceHow does intraday brokerage compare between Dhan and Zerodha?
The published intraday rules are: Dhan shows 0.03%, capped at ₹20 / executed order + applicable tax; Zerodha shows 0.03%, capped at ₹20 / executed order + applicable tax. Ordinary resident retail trades; statutory charges are separate. Ordinary resident retail trades; statutory charges are separate. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise. A universal lower-cost result cannot be determined from the headline rates alone because the charging basis, minimums, caps or plan conditions can differ by order.
Open the comparison workspaceHow do the AMC charges of Dhan and Zerodha compare?
For annual maintenance under the displayed plans, Dhan shows ₹0 / year + applicable tax; Zerodha shows First year ₹0; later ₹300/year + GST (non-BSDA). Ordinary resident retail trades; statutory charges are separate. First-year waiver for new resident individual accounts opened on/after 1 June 2026; otherwise non-BSDA ₹300/year + GST, billed quarterly. Annual charge is not prorated in this scenario. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise.
Open the comparison workspaceHow do the DP debit charges differ between Dhan and Zerodha?
For a chargeable demat debit event, Dhan shows ₹12.5 / debit event + applicable tax; Zerodha shows ₹15.34 / debit event (tax included). ₹12.50 + GST per instruction per ISIN. Supply the actual number of chargeable debit instructions. ₹15.34 inclusive of GST per sold scrip. Baseline excludes female-first-holder and mutual-fund/bond concessions; debit events must follow the broker’s aggregation. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise.
Open the comparison workspaceWhich trading APIs are available from Dhan and Zerodha?
Dhan: DhanHQ trading APIs. Zerodha: Personal free; Connect ₹500/month per app. API availability and charges can depend on the selected plan, data subscription and intended use; the comparison records only the source-backed public condition shown in the platforms section.
Open the comparison workspaceWhen were the Dhan and Zerodha charges last checked?
Verified fields carry source-check dates ranging from 29 October 2026 to 30 October 2026. The catalogue release was published 3 November 2026. Open a field’s evidence for its exact check and effective dates. These dates are not real-time price guarantees, so material decisions should also be confirmed on the broker’s official website.
Read the evidence methodologyDoes the lower brokerage broker always cost less overall?
No. A universal lower-cost result cannot be determined from the headline rates alone because the charging basis, minimums, caps or plan conditions differ. AMC, DP debits, subscriptions, taxes and exchange charges can also change the total for a specific trading pattern. Use the scenario estimator as an estimate, not a recommendation.
Open the comparison workspace