Dhan Brokerage Calculator
Dhan is a trader-focused discount broker offering ₹0 equity-delivery brokerage, intraday capped at the lower of 0.03% or ₹20, and a flat ₹20 on futures and options. Because every broker pays the same statutory charges, the only differences versus Zerodha, Upstox, Groww and Angel One are brokerage and the demat charge — shown side by side here.
Equity delivery
₹0 (free)
Intraday
lower of 0.03% or ₹20 / order
Futures & Options
Futures: flat ₹20 · Options: flat ₹20
Turnover
₹2,01,000.00
Gross P&L
₹1,000.00
Dhan total charges
₹82.48
Net P&L by broker (cheapest first)
| Broker | Brokerage | Total charges | Net P&L |
|---|---|---|---|
| ZerodhaCheapest | ₹40.00 | ₹82.48 | ₹917.52 |
| DhanThis page | ₹40.00 | ₹82.48 | ₹917.52 |
| Upstox | ₹40.00 | ₹82.48 | ₹917.52 |
| Groww | ₹40.00 | ₹82.48 | ₹917.52 |
| Angel One | ₹40.00 | ₹82.48 | ₹917.52 |
STT, exchange, SEBI & stamp duty are statutory — identical for every broker. Brokers differ only on brokerage and demat (DP) charges.
Full charge breakdown — Dhan
| Brokerage (both legs) | ₹40.00 |
| STT / CTT | ₹25.00 |
| Exchange transaction charge | ₹5.97 |
| SEBI turnover fee | ₹0.20 |
| GST (18%) | ₹8.31 |
| Stamp duty | ₹3.00 |
| Total charges | ₹82.48 |
| Net P&L | ₹917.52 |
Statutory rates are FY 2026-27 (post 1-Apr-2026 STT revision); brokerage reflects each broker's published standard plan and excludes promotional offers. Figures are estimates — verify on the broker's own calculator before trading. TopOpenTools is not a SEBI-registered investment adviser; this tool is for information only.
How Dhan’s charges work
Dhan is one of India’s newer discount brokers and prices aggressively for active traders. Equity delivery is ₹0 brokerage, intraday is the lower of 0.03% or ₹20 per order, and both futures and options are a flat ₹20 per executed order. Beyond the low brokerage, Dhan is known for a trader-first toolset — a fast options chain, strategy builders, scanners and TradingView charts — bundled without a separate platform fee. As with every broker, the statutory STT, exchange, SEBI, GST and stamp-duty charges are unavoidable and identical, so the calculator isolates the parts that actually differ.
Where Dhan wins or costs more
On cost, Dhan and Zerodha are effectively tied: both offer ₹0 delivery and a ₹20 cap on intraday and F&O, so for most trades the net difference is only the per-scrip demat charge. Both are cheaper on delivery than Upstox (flat ₹20) and the percentage-based Groww and Angel One. Where Dhan tends to appeal is to options and intraday traders who value its execution tools, rather than on headline price alone — since on price it simply matches the market-leading discount rate.
Worked example
On a ₹1,00,000 delivery buy, Dhan charges ₹0 brokerage — the same as Zerodha and ₹20 less than Upstox. On an options order it charges a flat ₹20 whether you trade one lot or fifty. Since the statutory charges are the same at every broker, the comparison table above ranks Dhan by the parts that vary; run your exact trade to see the precise rupee total.
Good to know about Dhan
- ✓Newer, trader-focused broker with an emphasis on options and intraday tooling (options chain, scanners, TradingView).
- ✓₹0 equity delivery and a flat ₹20 on futures and options, matching the cheapest discount rates in the market.
- ✓Depository (DP) charges still apply on delivery sells; confirm the current per-scrip figure on Dhan’s charges page.
- ✓Best suited to active traders who want low cost plus execution tools rather than a bare-bones investing app.
- ✓Verify any account-opening or AMC offers directly with Dhan, as promotional terms change.
Dhan Brokerage — FAQs
Is Dhan cheaper than Zerodha?
For most equity and F&O trades Dhan and Zerodha are effectively tied — both offer ₹0 delivery and a ₹20 cap on intraday and F&O. The only small differences come from the per-scrip demat charge. Run your exact trade above to compare.
Is Dhan good for options trading?
Dhan is built with options and intraday traders in mind — it charges a flat ₹20 per F&O order and bundles tools like an options chain, strategy builder and scanners at no extra platform fee. Cost-wise it matches the cheapest brokers; the differentiator is the trading toolset. Compare its net cost for your specific trade using the calculator above.
Does Dhan charge for equity delivery?
No — Dhan charges ₹0 brokerage on equity delivery, the same as Zerodha. You still pay the standard statutory charges and any per-scrip demat (DP) charge on the sell side, which the calculator includes so the five-broker comparison stays like-for-like.
Are these charges current and accurate?
Statutory charges (STT, exchange transaction, SEBI fee, 18% GST, stamp duty) are FY 2026-27 and identical across all brokers; brokerage reflects each broker’s standard published plan. Promotional offers are excluded — always confirm on the broker’s own calculator before trading.
Is TopOpenTools affiliated with this broker?
No. TopOpenTools is an independent tools site, not affiliated with any broker and not a SEBI-registered investment adviser. This calculator is for information only and does not recommend any broker.