Fyers Vs Dhan (Compare Fyers and Dhan)

Fyers Vs Dhan

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 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	NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2015	2021
Number of Branches	0	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) 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)	₹0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 0 (Free)	₹0 (Lifetime Zero AMC)

Fyers Vs Dhan Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% 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	Rs 0 (Free)	Rs. 0
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	Rs 20 per executed order or .03% 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	Rs 20 per executed order or .03% whichever is lower	Rs 20 or 0.03% of trade value, whichever is lower
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order or .03% 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.	Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Fyers Charges Vs Dhan

Minimum Brokerage	Intra-day: Rs 7 or 2.5% whichever is lower	Rs 20
Other Charges	Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges	Rs 20 per trade	Rs 50 per order

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 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

	Fyers	Dhan
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) | 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 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 0	NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)	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)	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (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 One (In-house build). Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

	Fyers	Dhan
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Fyers One (In-house build)	Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time	3:20 PM	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Brokerage free thematic investing is available	APIs for Algo Trading, smallcases on Dhan
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Fyers Vs Dhan Review

Fyers is rated 2.9 of 5 based on 36 customer reviews whereas Dhan is rated 3.0 of 5 based on 23 customer reviews.

	Fyers	Dhan
	36 Customer Reviews	23 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 2.9 of 5 based on 36 customer reviews	Dhan is rated 3.0 of 5 based on 23 customer reviews

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Fyers Vs Dhan Investment Options

	Fyers	Dhan
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Fyers Vs Dhan Order Type Offered

	Fyers	Dhan
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Fyers Vs Dhan Research Report

	Fyers	Dhan
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs Dhan Suitable For Investor Type

	Fyers	Dhan
Casual Investor
Active Investor
Trader

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.
Cons	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.	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 a 3-in-1 account. 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.	Dhan Special Offer Brokerage-free share delivery trading and AMC free demat account Free account opening and Demat AMC + Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O + Separate option trading APP. This is a limited-time offer. Open an instant account online and start trading today.
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