Broker comparison
Dhan vs Fyers (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Dhan and Fyers from published official pricing and features — no affiliation with either broker.
| Metric | Dhan | Fyers |
|---|---|---|
| Delivery brokerage | ₹0 (free) | ₹0 (free) |
| Intraday brokerage | ₹20 or 0.03% per order (whichever is lower) | ₹20 or 0.03% per order (whichever is lower) |
| F&O brokerage | ₹20 per order (flat) | ₹20 per order (flat) |
| AMC | ₹0 | ₹0 (zero AMC) |
| Account opening | Free (online) | Free (₹0 account opening) |
| Trading API | DhanHQ API — Free (per official DhanHQ page) | Fyers API — Free (per official API page) |
| Reported execution speed | 95% < 25 ms (DEXT, self-reported)self-reported | p99 < 7 ms (processing, self-reported)self-reported |
| Algo support | Yes - free DhanHQ API; native TradingView charts and order placement | Yes - free API; TradingView-based platform |
| Platforms | Dhan app, Dhan web, TradingView integration, Options Trader app | Fyers app, Fyers Web, TradingView charts |
| Best for (published) | Options traders and TradingView users who want modern tooling at flat-fee pricing. | Chart-driven and algorithmic traders who live in TradingView. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
What the published data shows
Both publish execution-speed figures (Dhan: 95% < 25 ms (DEXT, self-reported); Fyers: p99 < 7 ms (processing, self-reported)) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Dhan full profile
- Fyers full profile
- Dhan brokerage calculator
- Fyers brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Dhan vs Fyers: which has lower delivery brokerage?
At our last review, Dhan published delivery brokerage as "₹0 (free)" and Fyers as "₹0 (free)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Dhan or Fyers have a trading API?
Both have documented APIs at review time: Dhan (DhanHQ API), Fyers (Fyers API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Dhan or Fyers?
Dhan publishes 95% < 25 ms (DEXT, self-reported); Fyers publishes p99 < 7 ms (processing, self-reported). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Dhan - official website - https://dhan.co
- Dhan - official pricing - https://dhan.co/pricing/
- Fyers - official website - https://fyers.in
- Fyers - official pricing - https://fyers.in/pricing/