Dhan vs Zerodha: Detailed Broker Comparison 2025

If you want to start stock trading or investing in India, you’ve surely heard about Dhan and Zerodha. Both are popular brokers, but people often ask: which one is better? This simple comparison will help you decide which one is better for you, Dhan vs Zerodha.

Overview of Dhan and Zerodha

Dhan: Dhan started in 2021, launched by Raise Financial Services. It focuses on providing next-generation trading tools with a modern and easy-to-use design. The platform mainly targets active traders and investors who want a fresh, fast, and feature-rich experience.

Zerodha: Zerodha began in 2010 and has grown to become India’s largest stockbroker by active clients. It’s famous for its reliable trading platform called Kite and offers a complete ecosystem for investors and traders. People trust Zerodha for its stability and strong service over the years.

Feature	Dhan	Zerodha
Types of Broker	Discount Broker	Discount Broker
Year of Incorporation	2021	2010
Number of Branches	1	22

Trading Platforms & User Experience

Let’s look at how the trading apps of Dhan and Zerodha compare.

Dhan

Zerodha

Has a TradingView chart built into both the web and mobile apps.
Sleek design and fast performance.
Offers advanced order types, Forever orders, Basket orders, and Triggers (handy for planning trades).

Has customisable charts with TradingView and ChartIQ.
Very lightweight app that works even on slow internet.
Reliable, but hasn't added many new features recently.

If you like modern features and planning complex trades, Dhan’s app gives you more tools. If you want a simple, no-fuss app that always works, even on slow Wi-Fi, Zerodha’s Kite app is great.

Brokerage Charges

Both Dhan and Zerodha offer similar pricing for trades. Here’s a quick comparison:

Account Types	Dhan	Zerodha
Commodity Options	₹20 per executed order	₹20 per executed order
Commodity Futures	₹20 or 0.03% of trade value is lower	₹20 per executed order or .03% is lower
Equity Options	₹20 per executed order	₹20 per executed order
Equity Intraday	₹20 or 0.03% of trade value is lower	₹20 per executed order or .03% is lower
Equity Futures	₹20 or 0.03% of trade value is lower	₹20 per executed order or .03% is lower
Equity Delivery	₹0	₹0 (Free)
Currency Options	₹20 per executed order	₹20 per executed order
Currency Futures	₹20 per executed order or 0.03% of trade value	₹20 per executed order or .03% is lower
Fixed Charges	₹0 or Nil

Charges and AMC

Here are the charges & AMC of Dhan vs Zerodha:

	Dhan	Zerodha
Trading Account Opening	₹0 (Free)	₹0 (Free)
Demat Account Opening	₹0 (Free)	₹0(Free)
Trading Account AMC	₹0 (Free)	₹0(Free)
Demat Account AMC	₹0 (Lifetime Zero AMC)	₹300 per year

Dhan is cheaper if you want to avoid annual charges completely. But Zerodha charges ₹300 per year for demat AMC.

Pros and Cons

Here are the pros and cons of Dhan Vs Zerodha:

Broker

Pros

Cons

Dhan

Free account opening.
No AMC for demat account (lifetime free).
Free equity delivery trades.
3-in-1 account available with ICICI Bank.
Modern app with advanced features.

No monthly unlimited trading plan.
No stock tips or research reports.
₹50 extra for Call & Trade.

Zerodha

Trusted, reliable platform.
Free account opening for people under 25.
Free equity delivery trades (cash-n-carry).
NRI trading account available.
GTT (Good Till Triggered) orders are available, similar to GTC orders.

₹50 extra for Call & Trade.
₹300 AMC for a demat account.
No 3-in-1 account option.

Also Read: Angel One vs Zerodha: Broker Comparison (2025)

Conclusion

In conclusion, if you want a time-tested broker, a stable platform, and don’t mind small charges for opening and AMC, then you can pick Zerodha. If you want zero charges to start, fresh tools, and don’t mind trying a newer player, then you can pick the Dhan platform.

About the Author

Saniya

I'm a finance content writer with a BBA in FinTech, passionate about simplifying money matters for everyday Indians. I break down complex topics like investments, savings, and digital finance into easy, relatable content. My goal is to help you in a way that’s easy to understand, jargon-free, and actually useful in real life.

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