Dhan vs Zerodha: Detailed Broker Comparison 2025

If you are an investor or trader, then there are chances that you have come across the Dhan and Zerodha demat platforms, as these two platforms are the most popular stock trading platforms. Dhan is a relatively new player that’s gaining traction, and Zerodha is a veteran in the discount broking industry. So here we will discuss Dhan vs Zerodha, which one is better, and see the difference between these two platforms.
Overview of Dhan and Zerodha
Dhan: This platform was founded in 2021 by Raise Financial Services. This focused on the next-gen trading tool and UI/ UX. They target active traders and investors who are seeking a modern experience.
Zerodha: This platform was formed in 2010, and it is india largest stockbroker by active clients, and this platform is known for its reliable platform, Kite, and a strong ecosystem.
Dhan | Zerodha | |
Types of Broker | Discount Broker | Discount Broker |
Year of Incorporation | 2021 | 2010 |
Number of Branches | 1 | 22 |
Trading platforms & User Experience
Here are the trading platforms and user experience of Dhan vs Zeordha:
Dhan | Zerodha |
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Brokerage
Here are the brokerage charges of Dhan vs Zeordha:
Account Types | Dhan | Zerodha |
Commodity Options | INR 20 per executed order | INR 20 per executed order |
Commodity Futures | INR 20 or 0.03% of trade value is lower | INR 20 per executed order or .03% is lower |
Equity Options | INR 20 per executed order | INR 20 per executed order |
Equity Intraday | INR 20 or 0.03% of trade value is lower | INR 20 per executed order or .03% is lower |
Equity Futures | INR 20 or 0.03% of trade value is lower | INR 20 per executed order or .03% is lower |
Equity Delivery | INR 0 | INR 0 (Free) |
Currency Options | INR 20 per executed order | INR 20 per executed order |
Currency Futures | INR 20 per executed order or 0.03% of trade value | INR 20 per executed order or .03% is lower |
Fixed Charges | INR 0 or Nil |
Charges and AMC
Here are the charges & AMC of Dhan vs Zerodha:
Dhan | Zerodha | |
Trading Account AMC Charges | INR 0 (Free) | INR 0 (Free) |
Demat Account AMC Charges | INR 0 (Lifetime Zero AMC) | INR 300 |
Trading Account Opening Charges | INR 0 (Free) | INR 0 |
Demat Account Opening Charges | INR 0 (Free) | INR 0 |
Pros and cons
Here are the pros and cons of Dhan Vs Zerodha:
Dhan | Zerodha | |
Pros |
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Cons |
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Conclusion
In conclusion, the Dhan vs Zerodha, which one is the best platform is depends on your trading style, so if you want flexibility and innovation, then Dhan might be the right choice, and if you want consistency and trust, then Zerodha is the best choice. So we hope our blog on Dhan vs Zerodha is helpful.