Upstox vs Dhan
Comparison of charges, features, and platform quality. Both Upstox 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 Upstox and Dhan are top-rated Discount brokers.
Upstox Wins on:
Best For IntradayBetter choice if you prioritize fast trading platform (pro) and need fast app, pro tools.
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) | ₹150/year | ₹0 (Free) |
| Equity Delivery | ₹20 or 2.5% | ₹0 (Free) |
| Intraday Tradng | ₹20 or 0.05% | ₹20 or 0.03% |
| Active Clients | 30 Lakhs+ | 5 Lakhs+ |
| Rating | 4.6 | 4.5 |
| Best For | Intraday, Options | Intraday, Options |
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Brokerage Charges Explained
Upstox Fees
For equity delivery, ₹20 or 2.5% applies. If you trade Intraday, you pay ₹20 or 0.05% 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
UpstoxUpstox'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 Upstox if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer fast app 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
Upstox
Advantages
- Fast trading platform (Pro)
- Good charting tools
- Margin against shares
Disadvantages
- Delivery is charged (₹20)
- Customer support mixed reviews
- Downtime issues occasionally
Dhan
Advantages
- Built for Super Traders
- TradingView Charts Integration
- Fastest API execution
Disadvantages
- Newer platform, building trust
- UI can be overwhelming for beginners
