Broker Comparison
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-07-31
Key charges and account features side by side.
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| Feature | Angel One | Dhan |
|---|---|---|
| Broker type | Discount / Full-Service Hybrid | Discount Broker |
| Account opening | ₹0 | ₹0 |
| Annual maintenance | ₹60 + GST per quarter (Free for First Year) | ₹0 |
| Equity delivery | Flat Rs 20 or 0.1% (whichever is lower) | ₹0 brokerage |
| Equity intraday | ₹20 or 0.1% per executed order, whichever is lower; minimum ₹5 | ₹20 or 0.03% per executed order, whichever is lower |
| Futures | ₹20 per executed order | ₹20 per executed order |
| Options | ₹20 per executed order | ₹20 per executed order |
| Commodity | Available only where enabled by the broker; verify current segment availability and tariff. | ₹20 per executed order |
| Currency | ₹20 per executed order | ₹20 or 0.03% per executed order, whichever is lower |
| DP charges | ₹20 + 18%GST | ₹12.50 per ISIN + GST |
| Auto Square Off | Same as brokerage charges. No additional penalty | ₹20 per order plus GST |
| Call & trade | ₹20 / Order | ₹50 per executed order plus 18% GST |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support. |
| Active Users | 66.33 lakh active clients on the NSE as of June 2026 | Check official tariff |
Angel One is one of India’s leading retail stockbrokers, offering online trading and investment services. The company provides access to equities, commodities, currencies, futures and options, IPOs, mutual funds and other financial products through its digital platforms.
Angel One offers a unified trading app with advanced charts, portfolio tracking, research tools and multiple order options. Its wide network and digital account-opening process make the platform suitable for both new investors and active traders.
Under the Angel iTrade PRIME plan, equity delivery trades are brokerage-free, while intraday, futures, options, currency and commodity trades are charged at a flat rate of up to ₹20 per executed order. Angel One combines full-service features with competitive discount brokerage charges.
Founded in 2021, Dhan is a Mumbai-based, technology-driven stockbroking platform serving investors and traders across India. It is registered with SEBI as a stockbroker and is also associated with CDSL, NSE, BSE and MCX.
Dhan allows users to invest and trade in stocks, ETFs, futures, options and commodities. Its platform suite includes the Dhan App, Dhan Web, Options Trader App, TradingView integration and tv.dhan.co for advanced chart-based trading.
Dhan offers competitive brokerage, including zero brokerage on equity delivery and ₹20 or 0.03%, whichever is lower, on intraday trades. With zero account-opening and maintenance charges, user-friendly platforms and a 50% brokerage discount for women, Dhan is suitable for both beginners and active traders.
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Angel One is a SEBI-registered stockbroker and provides Demat and trading services in India. However, investments remain subject to market risks.
Yes, Angel One offers a user-friendly app, educational resources, research tools and a digital account-opening process suitable for new investors.
Angel One charges the lower of ₹20 or 0.1% per executed order for equity delivery and intraday trades, subject to a minimum brokerage of ₹5. F&O trades generally cost ₹20 per executed order.
Yes, Angel One currently offers online Demat and trading account opening at ₹0.
Angel One offers zero account maintenance charges for the first year. AMC may apply quarterly from the second year onward.
Yes, users can invest in mutual funds, equities, IPOs, ETFs and other investment products through the Angel One platform.
Yes, Angel One allows users to place GTT orders through its trading platform.
Yes, Angel One provides a Margin Trading Facility that allows eligible users to purchase shares by paying a portion of the total trade value. Interest and other charges may apply.
Yes, Angel One provides SmartAPI for automated trading, order execution, live market data and portfolio monitoring.
Yes, users can submit an online account-closure request. Angel One states that account closure may take up to three working days after all requirements are completed.
Yes. Dhan operates under Raise Securities Private Limited, which is registered with SEBI as a stockbroker. It is also a member of NSE, BSE and MCX and a depository participant with CDSL.
Yes. Dhan currently charges ₹0 for account opening and does not charge an annual maintenance or platform fee.
Dhan charges zero brokerage on equity delivery, ETFs, IPOs and mutual funds. Equity intraday and ETF intraday trades are charged at ₹20 or 0.03% per executed order, whichever is lower.
Dhan charges ₹20 per executed order for equity and commodity futures and options. Statutory taxes, exchange charges and other applicable fees are charged separately.
Dhan offers stocks, ETFs, futures, options, commodities, IPOs, mutual funds and the Securities Lending and Borrowing Mechanism, or SLBM.
Yes. Options Trader by Dhan is a dedicated platform for F&O traders, offering real-time options data, strategy-building features and analytical tools.
Yes. Dhan allows users to connect their account with TradingView and trade eligible stocks, futures and commodities directly through TradingView charts.
Yes. Dhan states that all features available on its Options Trader platform are free for Dhan users.
Users generally need PAN, Aadhaar-linked mobile details and bank information. Income proof may also be required to activate futures, options or commodity trading.
Dhan can be used by beginners for stocks, ETFs, IPOs and mutual funds. However, some of its advanced charting, API and options-trading tools may require additional learning before use.
