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IIFL Securities vs Dhan

Comparison of charges, features, and platform quality. Both IIFL Securities and Dhan are popular choices, but they cater to slightly different types of investors. One is a low-cost discount broker, while the other offers premium full-service features.

Our Verdict

This is a comparison between a Discount Broker (Dhan) and a Full-Service Broker (IIFL Securities).

Dhan

Choose Dhan if:

  • You want to save massively on brokerage fees.
  • You don't need stock tips or a relationship manager.
IIFL Securities

Choose IIFL Securities if:

  • You are a beginner needing guidance & research reports.
  • You prefer offline support or a relationship manager.
Explore IIFL SecuritiesExplore Dhan

At a Glance Comparison

Feature
IIFL Securities
IIFL Securities
Dhan
Dhan
Broker TypeFull-Service / HybridDiscount
Account Opening₹0 (Free)₹0 (Free)
AMC (Yearly)₹400/year₹0 (Free)
Equity Delivery0.25%₹0 (Free)
Intraday Tradng0.025%₹20 or 0.03%
Active Clients12 Lakhs+5 Lakhs+
Rating4.14.5
Best ForIntraday, InvestorsIntraday, Options
Pros
  • Markets app is good
  • Research inputs
  • Performance analysis tools
  • Built for Super Traders
  • TradingView Charts Integration
  • Fastest API execution
  • Female investors get 50% off on brokerage
Cons
  • Relationship manager calls
  • Charges can vary
  • Newer platform, building trust
  • UI can be overwhelming for beginners

Brokerage Charges Explained

IIFL Securities Fees

For equity delivery, 0.25% applies. If you trade Intraday, you pay 0.025% 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.

* Hidden costs: Remember to account for annual maintenance charges (IIFL Securities: ₹400/year, Dhan: ₹0 (Free)).

Trading Platform & App

IIFL SecuritiesIIFL Securities
App Rating4.1/5

IIFL Securities's platform is known for being comprehensive. It is generally considered robust for advanced analysis.

DhanDhan
App Rating4.5/5

Dhan's platform focuses on research and data. Users find it powerful for detailed tracking.

Choose IIFL Securities if:

  • You are looking for the best platform for Intraday.
  • You are looking for the best platform for Investors.
  • You prefer full service 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

IIFL Securities

Advantages

  • Markets app is good
  • Research inputs
  • Performance analysis tools

Disadvantages

  • Relationship manager calls
  • Charges can vary

Dhan

Advantages

  • Built for Super Traders
  • TradingView Charts Integration
  • Fastest API execution

Disadvantages

  • Newer platform, building trust
  • UI can be overwhelming for beginners

Common Questions

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Ready to choose?

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