Broker profile
Dhan Review (2026): Brokerage, Platforms, API & Execution - The Published Facts
Dhan, operated by Moneylicious Securities, is a newer Mumbai-based discount broker aimed squarely at active traders. It differentiates on tooling - deep TradingView integration, an options-specific app, and the free DhanHQ API - while matching the free-delivery, flat-fee pricing of the largest discount brokers. Dhan reports on its own blog that its in-house DEXT engine executes over 95% of orders in under 25 ms (most in the 10-20 ms range), measured end-to-end from order placement to exchange submission - a self-reported figure we show as such rather than independently audited.
At a glance
Dhan brokerage calculator · Compare Dhan with other brokers
- Type
- Discount broker
- Official website
- https://dhan.co
- Delivery brokerage
- ₹0 (free)
- Intraday brokerage
- ₹20 or 0.03% per order (whichever is lower)
- F&O brokerage
- ₹20 per order (flat)
- Account opening
- Free (online)
- AMC
- ₹0
- Platforms
- Dhan app, Dhan web, TradingView integration, Options Trader app
- Trading API
- DhanHQ API - Free (per official DhanHQ page) (docs)
- Products
- Equity, F&O, Currency, Commodity, ETFs, IPO
- Exchanges
- NSE, BSE, MCX
- Algo support
- Yes - free DhanHQ API; native TradingView charts and order placement
- Reported execution speed
- 95% < 25 ms (DEXT, self-reported)self-reported
- Margin
- MTF available
- Research
- No advisory; trader-focused tools and analytics
Strengths (published)
- Free delivery, zero AMC and a free API
- Native TradingView integration for charting and orders
- Options-focused tooling (Options Trader app, strategy builder)
- Publishes a low self-reported execution figure - 95% of orders under 25 ms via its in-house DEXT engine
Limitations
- Younger platform than incumbents
- Execution-speed figure is self-reported on Dhan’s own blog, not independently audited
Who is it best for?
Options traders and TradingView users who want modern tooling at flat-fee pricing.
This profile is compiled only from the sources listed below. Fields marked Not Disclosed mean no verifiable published figure existed at review time - we never estimate or infer. This is information, not investment advice, and this site has no relationship with Dhan.
Frequently asked questions
What brokerage does Dhan charge?
Per its official pricing at our last review: delivery ₹0 (free); intraday ₹20 or 0.03% per order (whichever is lower); F&O ₹20 per order (flat). Statutory charges apply on top. Verify the current schedule on the official pricing page, as rates change without notice.
Does Dhan offer a trading API?
Yes - DhanHQ API. Published pricing: Free (per official DhanHQ page). See the official documentation for rate limits and terms.
How fast is Dhan's order execution?
The published figure is 95% < 25 ms (DEXT, self-reported), self-reported by the broker on its own blog. It is approximate, not independently audited, and varies with device, network and market conditions.
Who is Dhan best suited for?
Options traders and TradingView users who want modern tooling at flat-fee pricing.
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- Zerodha
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Head-to-head comparisons
- Dhan vs Zerodha
- Dhan vs Upstox
- Dhan vs Groww
- Dhan vs Angel One
- Dhan vs Fyers
- Dhan vs ICICI Direct
- Dhan vs Kotak Neo (Kotak Securities)
- Dhan vs 5paisa
Sources
- Dhan - official website - https://dhan.co
- Dhan - official pricing page - https://dhan.co/pricing/
- Dhan - official API page - https://dhanhq.co
- Dhan - official blog - https://dhan.co/blog/trading-strategies/low-latency-trading-with-dhans-high-speed-in-house-infrastructure/ (Self-reported by Dhan for its in-house DEXT engine: over 95% of orders executed in under 25 ms (most in the 10–20 ms range), measured end-to-end from order placement to exchange submission. Self-reported, not independently audited.)