Detailed side-by-side comparison of brokerage rates, account maintenance fees, trading platforms, and user ratings to help you choose the winner for your trading style.
Engineered for super traders & F&O scalpers with direct TradingView webhook execution
Multi-chart TradingView workstation with free API and 30-Day Brokerage Refund Challenge
| Feature / Metric | Dhan | Fyers |
|---|---|---|
| Category | discount | discount |
| Active NSE Clients | 12+ Lakhs (Rank #6) | 4+ Lakhs (Rank #9) |
| Account Opening Fee | ₹0 (100% Free Digital Onboarding) | ₹0 (Free Digital Demat) |
| Annual Maintenance Charges (AMC) | ₹0 (Lifetime Free Demat AMC) | ₹0 (Lifetime Free Demat AMC) |
| Equity Delivery Brokerage | ₹0 (Free Lifetime) | ₹0 (Free Lifetime) |
| Equity Intraday Brokerage | ₹20 or 0.03% (whichever is lower) per order | ₹20 or 0.03% (whichever is lower) per order |
| Equity Options Brokerage | ₹20 flat per executed order | ₹20 flat per executed order |
| CDSL DP Charges (Per Sell Debit) | ₹12.50 + GST per debit transaction (Lowest in industry) | ₹12.50 + GST per debit transaction |
| Margin Trading (MTF) Interest Rate | 11.99% p.a. (Margin Trading Facility / Pay Later) | 12% p.a. |
| Developer / Algorithmic API | Free (DhanHQ Superfast Trading APIs) | Free (Fyers API v3 with Python SDK) |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.01% | 0.02% |
Option buyers/sellers, intraday scalpers, Pine Script webhook automated traders, and chartists.
Technical analysis chartists, multi-timeframe traders, and algo developers.
Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.
Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity
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