Zerodha vs Dhan Review | 2025 | Which One Is Better
|Zerodha vs Dhan
Discount Broker Angel One was founded in 1987. It provides trading on the The National Commodity and Derivatives Exchange (NCDEX) ,Multi Commodity Exchange (MCX), NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 900 of its branches in India.Dhan , founded in 2021, is a discount broker. It supports trading on the NSE and BSE. It has one branch across India.
Zerodha

Zerodha Review: Right now, Zerodha is the top stock broker. They are thought to be the most transparentstock broker, have a cheap brokerage fee, and provide a great online trading platform. Theybecome the fintech firm in India with the quickest growth rate through constant innovationand improvement. These are Zerodha’s main advantages. For its clients, it has developed avariety of trading software. These include the online and mobile trading platform ZerodhaKite, the mutual fund investment platform Coin, the investor education programme Varsity,the trading Q&A, and numerous other resources. In addition, Zerodha provides the followingplatforms: GoldenPi (bond trading), Sensibull (options trading), Streak (algo & strategyplatform), Small case (thematic investment platform), and Ditto (insurance).
Dhan

Dhan Founded in 2021, is a Mumbai-based financial services company focused largelyon India. In today’s fast-paced world, every second or third person seeks effectiveinvesting solutions to build wealth, and Dhan is dedicated to delivering these options.Dhan is a SEBI-registered stockbroker. In addition, Dhan is registered with CDSL, NSE,
BSE, and MCX stock exchange.Dhan is a SEBI-registered stockbroker and their headquarters located in Mumbai.
Inaddition, Dhan is registered with CDSL, NSE, BSE, and MCX stock exchanges. Dhan
offers a wide range of products, including stocks, ETFs, options, futures, andcommodities. Overall, Dhan is an all-rounder who effectively meets the majority of atrader’s or investor’s needs. Dhan’s broking fees are competitive and reasonable acrossall products and solutions. Dhan costs Rs. 20 per trade, or 0.03%, for intraday trading. Dhan’s shipping charges for trading equities and ETFs are nothing. Dhan additionally
offers a 50% discount for female users.
Zerodha | Dhan | |
Year of Establishment | 2010 | 2021 |
Number of Branches | 22 | 1 |
Exchange | NSE, BSE AND MCX , NCDEX | NSE, BSE AND MCX , NCDEX |
Broker type | Discount Broker | Discount Broker |
Founder | Nitin Kamath | Pravin Jadhav |
Zerodha VS Dhan Charges
Compare Zerodha vs Dhan Offers
Zerodha & Dhan Product Provided
Type | Zerodha | Dhan |
Equity Intraday | ||
Equity Delivery | ||
Equity Option | ||
Equity Future | ||
Currency Option | ||
Currency Future | ||
Commodity Option | ||
Commodity Future | ||
Foreign Stocks | ||
Mutual Funds | ||
Banking | ||
Govt. Bonds | ||
Insurance | ||
Corporate bond | ||
Compare Zerodha VS Dhan Advisory Services
Zerodha vs Dhan Amc & Demat Accounts Charges
Zerodha trading account opening charges is Rs 0 . Zerodha Demat Account AMC Charges is Rs 300 .
While Dhan has Rs.0 annual maintenance cost (AMC) for trading accounts And rs.0 For Open Demat Account .Many investors favour it because of its competitive cost, user-friendly layout, and excellent customer service.
Zerodha VS Dhan Brokerage Charges
Zerodha costs Rs 20 per completed transaction or 0.02%, whichever is lesser. Both platforms provide cheap brokerage fees, but Zerodha clear pricing structure may appeal to traders seeking , and Paytm Money offers low-cost brokerage with no delivery fees and competitive rates for intraday and F&O trades.Below the table shows brokerage plan of both the platform.
Zerodha vs Dhan Leverage (Margin)
Zerodha Paytm Money offers up to 20% of the trade value (5x leverage) for intraday cash
transactions, whereas One margin for intraday trading allows up to 20% of the trade value
(5x leverage) depending on the stock.The table below shows the leverage margin of both
platform ( 2024).
Zerodha VS Dhan Features
Zerodha vs Dhan Investment Option
- Zerodha : For investment Zerodha offers option like : stock equity, currency, commodity, ipo, mutual fund, bond /ncd and debt .
- Dhan : For investment Dhan offers option like : stock equity, currency, commodity, ipo, mutual fund, bond /ncd and debt . Overall Dhan offers more options than Zerodha.
Zerodha vs Dhan Pros & Cons
Pros:
Zerodha | Dhan |
1)India’s leading broker interms of active clients,trading volume, andbrokerage revenue. Safe,dependable, and the mosttechnologically advancedbroker in India. 2)People under the age of25 can establish anaccount for free. 3)For all other categories,a flat brokerage fee of Rs20 per trade. Great freetrading platforms (Kite)are offered. 4)It is possible to investdirectly in mutual funds. 5)Orders that are GoodUntil Triggered (GTT) areaccessible. GTC ordersare comparable to these. 6)basic flat-fee brokerageservices on all exchangesand divisions (MCX, NSE,BSE). Trades involvingfree equity distribution.Orders usingCash-N-Carry incur nobrokerage fees. 7)NRI can open tradingaccount. | 1)All other segments have a flatbroking fee of Rs 20 per deal. 2) Offers a 3-in-1 account for ICICI bank members. 3)AMC offers free demat accounts Also it offer Free equity delivery deals. 4) A safe, dependable, and technologically advancedinternet broker. 5) Simple, flat-fee broking services across segments and exchanges (BSE, NSE, MCX). 6) Open an account for free |
Cons:
Zerodha | Dhan |
1)It doesn’t offer research,recommendations, or stocksuggestions. 2 Each order incurs anadditional Rs 50 for Call &Trade. 3)There is also a 3-in-1account not available. Thereare no monthly unlimitedtrading subscriptionsavailable. 4)AMC Free Demataccounts are not providedby it. No margin financing. 5)An additional Rs 50 is paidfor each order for autosquare off. | 1)Auto Square off costs an additional Rs 20 every order. 2) It doesn’t provide monthly unlimited trading programs. 3)It doesn’t offer stock suggestions, research, or recommendations. 4) Call & Trade costs an additional Rs 50 every order. |
Zerodha vs Dhan Complaints
Data from 2024 reveals that Zerodha had more customer complaints than Dhan when
comparing the two companies. In particular, Dhan received 8 complaints and resolved
10 whereas Zerodha received 339 complaints and resolved 307. This shows that
Dhan performs better in terms of customer service than Zerodha, as seen by the fact
that it has a higher complaint resolution rate and fewer complaints overall.
Complaints | Zerodha | Dhan |
Total Complaints Lodged | 339 | 8 |
% of Resolved Complaints | 90.56% | 99% |
Total Complaints Resolved | 307 | 10 |
Non Actionable Complaints | 20 | 1 |
% of Non Actionable Complaints | 5.90% | 1% |
Zerodha vs Dhan Transaction Charges
Firstly the transaction charges of Dhan is Flat fee of ₹ 20 or 0.05% (whichever is less)
for each executed order in Intraday Commodities, Currency, and Equities Trading , also The exchange costs for options on Dhan are as follows: NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (plus premium). while ZERODHA is Flat fee of ₹ 20 or 0.03% (whichever is less) for each executed order in intraday commodities, currency, and equities trading , also The exchange costs for options on Zerodha are as follows: NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (plus premium). Below are both the platform charges.
Zerodh VS Dhan Review/Rating
Ratings | Zerodha | Dhan |
Customer Service | 7/10 | 8/10 |
Fees | 5.5 /10 | 7.5 /10 |
Brokerage | 6/10 | 8.5 /10 |
Trading Platform | 7 /10 | 5/10 |
Research Capabilities | 6.5/10 | 5/10 |
Overall Ratings | 6.5 /10 | 8 /10 |
Conclusion: Zerodha is well-known for providing both novice and seasoned
traders with a wealth of research tools, individualised advising services, and a robust
offline presence. Conversely, Dhan is praised for its low-cost architecture, intuitive
user interface, and cutting-edge technologies like the Dhan platform. It is especially
appealing to traders who are tech-savvy yet cost-conscious. Though both sites are
trustworthy and regulated, the decision comes down to personal preferences:
Dhan offers affordable costs and cutting-edge technology, while Zerodha offers
extensive assistance.
Customer Care Number/Email
Zerodha: (080 4718 1888) or (080 4718 1999) .
Dhan : 022-43116666
Client can contact this number for clearing their doubt.
Dhan Support Email : help@dhan.com
Paytm Money Email ID :- priority.kyc@paytmmoney.com
Client can contact on this email for clearing their doubt.