Fyers vs Dhan
Comparison of charges, features, and platform quality. Both Fyers and Dhan are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.
Our Verdict
Both Fyers and Dhan are top-rated Discount brokers.
Fyers Wins on:
Best For IntradayBetter choice if you prioritize excellent charting (tradingview) and need tradingview, charting.
Dhan Wins on:
Best For IntradayBetter choice if you prioritize built for super traders and need tradingview, fast api.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹300/year | ₹0 (Free) |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Intraday Tradng | ₹20 | ₹20 or 0.03% |
| Active Clients | 4 Lakhs+ | 5 Lakhs+ |
| Rating | 4.4 | 4.5 |
| Best For | Intraday, Options | Intraday, Options |
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Brokerage Charges Explained
Fyers Fees
For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.
Dhan Fees
For equity delivery, ₹0 (Free) applies. If you trade Intraday, you pay ₹20 or 0.03% per order.
This makes it suitable for frequent traders.
Trading Platform & App
FyersFyers's platform is known for being comprehensive. It is generally considered robust for advanced analysis.
DhanDhan's platform focuses on research and data. Users find it powerful for detailed tracking.
Choose Fyers if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer tradingview features.
Choose Dhan if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer tradingview features.
Pros & Cons Comparison
Fyers
Advantages
- Excellent Charting (TradingView)
- Drag and drop trading
- Community driven features
Disadvantages
- Back office reports can be better
- Occasional login issues
Dhan
Advantages
- Built for Super Traders
- TradingView Charts Integration
- Fastest API execution
Disadvantages
- Newer platform, building trust
- UI can be overwhelming for beginners
