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Fyers Vs Dhan (Compare Fyers and Dhan)

Fyers Securities Ltd Logo

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company. The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in India. ... Know more about Fyers Securities Ltd

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi... Know more about Moneylicious Securities Pvt Ltd

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Fyers Vs Dhan

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Fyers Dhan
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2015 2021
Number of Branches 2 1
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Fyers Vs Dhan Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  Fyers Dhan
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free AMC for Lifetime) ₹0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 0 (Free AMC for Lifetime) ₹0 (Lifetime Zero AMC)

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Fyers Vs Dhan Brokerage

Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type Fyers Flat Fee Brokerage Plan Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery 0.03% or Rs 20, whichever is lower Rs. 0
Equity Intraday 0.03% or Rs 20, whichever is lower Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures 0.03% or Rs 20, whichever is lower Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures 0.03% or Rs 20, whichever is lower Rs 20 per executed order or 0.03% of trade value
Currency Options Rs 20 per executed order Rs 20 per executed order
Commodity Futures 0.03% or Rs 20, whichever is lower Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 20 per executed order Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Fyers Charges Vs Dhan

Minimum Brokerage Intra-day: 0.03% or Rs 20, whichever is lower Rs 20
Other Charges Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery)
Call & Trade Charges Rs 50 per trade Rs 50 per order

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Fyers Vs Dhan Transaction Charges

Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Dhan exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium).

  Fyers Dhan
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 188 per Cr (0.00188%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 4950 per Cr (0.0495%) | BSE Rs 495 per Cr (0.00495%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) (on premium)
Commodity NA Group A, B : 0.0026%
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Fyers Vs Dhan Leverage (Margin)

Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Fyers Dhan
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Fyers and Dhan Features

The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  Fyers Dhan
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Fyers App, Fyers Web, Fyers Next Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time 3:15 PM 3:20 PM
Trading In SME Shares Allowed? Yes Yes
Referral Program Yes Yes
Other Features API Trading, Algo Trading and Insta Options is available, which is designed for options traders. APIs for Algo Trading, smallcases on Dhan
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Fyers Vs Dhan Review

Fyers is rated 2.9 of 5 based on 37 customer reviews whereas Dhan is rated 3.0 of 5 based on 28 customer reviews.

  Fyers Dhan
  37 Customer Reviews    Rate Fyers 28 Customer Reviews    Rate Dhan
Fees 3.4 4.0
Brokerage 3.5 3.3
Trading Platform 3.2 3.4
Customer Service 2.9 2.4
Research Capabilities 2.3 2.8
Overall Ratings Rated 2.9 stars Rated 3.0 stars
Broker Rating Fyers is rated 2.9 of 5 based on 37 customer reviews Dhan is rated 3.0 of 5 based on 28 customer reviews

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Contact Broker / Request A Call Back

  Fyers Enquire Dhan Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Fyers Vs Dhan Investment Options

  Fyers Dhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No No
Other Investment Options

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Fyers Vs Dhan Order Type Offered

  Fyers Dhan
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Fyers Vs Dhan Research Report

  Fyers Dhan
Daily Market Report Yes No
Free Tips No No
Quarterly Result Analysis Yes No
News Alerts Yes Yes

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Fyers Vs Dhan Suitable For Investor Type

  Fyers Dhan
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Fyers Vs Dhan - Pros and Cons

  Fyers Dhan
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offers 3-in-1 account for ICICI bank users.
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer monthly unlimited trading plans.
Reviews
Promo / Offers

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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