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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 at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes 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... 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 park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va... 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 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)

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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

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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 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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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? Yes
Referral Program Yes Yes
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 34 customer reviews whereas Dhan is rated 2.9 of 5 based on 20 customer reviews.

  Fyers Dhan
  34 Customer Reviews    Rate Fyers 20 Customer Reviews    Rate Dhan
Fees 3.3 4.0
Brokerage 3.4 3.3
Trading Platform 3.1 3.3
Customer Service 2.9 2.1
Research Capabilities 2.2 2.4
Overall Ratings Rated 2.9 stars Rated 2.9 stars
Broker Rating Fyers is rated 2.9 of 5 based on 34 customer reviews Dhan is rated 2.9 of 5 based on 20 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 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.

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Fyers Vs Dhan Investment Options

  Fyers Dhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No No
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) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
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Fyers Vs Dhan Research Report

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