Broker comparison

Dhan vs Paytm Money (2026): Brokerage, API, AMC & Execution Compared

Q: Dhan vs Paytm Money: which has lower delivery brokerage?

At our last review, Dhan published delivery brokerage as "₹0 (free)" and Paytm Money as "₹20 per order - see official pricing for current schedule". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Q: Does Dhan or Paytm Money have a trading API?

Both have documented APIs at review time: Dhan (DhanHQ API), Paytm Money (Paytm Money API). Compare pricing and rate limits on each broker's developer page.

Q: Which is faster — Dhan or Paytm Money?

Dhan publishes 95% < 25 ms (DEXT, self-reported). Paytm Money has no verifiable execution-speed figure we could cite.

Q: 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.

Side-by-side comparison of Dhan and Paytm Money from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 9 July 2026 · Independent

Dhan vs Paytm Money — published pricing and features (official sources at last review)
Metric	Dhan	Paytm Money
Delivery brokerage	₹0 (free)	₹20 per order - see official pricing for current schedule
Intraday brokerage	₹20 or 0.03% per order (whichever is lower)	₹20 per order (flat)
F&O brokerage	₹20 per order (flat)	₹20 per order (flat)
AMC	₹0	₹0 demat AMC (₹300 per year platform fee applies)
Account opening	Free (online)	See official pricing page
Trading API	DhanHQ API — Free (per official DhanHQ page)	Paytm Money API — See official developer page
Reported execution speed	95% < 25 ms (DEXT, self-reported)self-reported	Not Disclosed
Algo support	Yes - free DhanHQ API; native TradingView charts and order placement	Yes - via trading API
Platforms	Dhan app, Dhan web, TradingView integration, Options Trader app	Paytm Money app, Paytm Money web
Best for (published)	Options traders and TradingView users who want modern tooling at flat-fee pricing.	Paytm users who want investing and broking inside one ecosystem.

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

Dhan publishes free equity delivery; Paytm Money does not (per official pricing at review). Dhan publishes an execution-speed figure; Paytm Money does not on verifiable sources.

Tools & profiles

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Frequently asked questions

Dhan vs Paytm Money: which has lower delivery brokerage?

At our last review, Dhan published delivery brokerage as "₹0 (free)" and Paytm Money as "₹20 per order - see official pricing for current schedule". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Does Dhan or Paytm Money have a trading API?

Both have documented APIs at review time: Dhan (DhanHQ API), Paytm Money (Paytm Money API). Compare pricing and rate limits on each broker's developer page.

Which is faster — Dhan or Paytm Money?

Dhan publishes 95% < 25 ms (DEXT, self-reported). Paytm Money has no verifiable execution-speed figure we could cite.

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/
Paytm Money - official website - https://www.paytmmoney.com
Paytm Money - official pricing - https://www.paytmmoney.com/pricing