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.
Disruptive zero-brokerage trading powered by banking giant Kotak Mahindra
Engineered for super traders & F&O scalpers with direct TradingView webhook execution
| Feature / Metric | Kotak Neo | Dhan |
|---|---|---|
| Category | zero brokerage | discount |
| Active NSE Clients | 15+ Lakhs (Rank #5) | 12+ Lakhs (Rank #6) |
| Account Opening Fee | ₹0 (Trade Free Youth) / ₹299 (Trade Free Plan) | ₹0 (100% Free Digital Onboarding) |
| Annual Maintenance Charges (AMC) | ₹0 for 1st Year, then ₹300/year (₹0 for Youth under 30) | ₹0 (Lifetime Free Demat AMC) |
| Equity Delivery Brokerage | ₹0 (Trade Free Plan) / 0.25% (Standard) | ₹0 (Free Lifetime) |
| Equity Intraday Brokerage | ₹0 (Zero Brokerage for Intraday across all segments) | ₹20 or 0.03% (whichever is lower) per order |
| Equity Options Brokerage | ₹0 (Trade Free Youth) / ₹20 per order (Trade Free Plan) | ₹20 flat per executed order |
| CDSL DP Charges (Per Sell Debit) | ₹13.50 + GST per debit transaction | ₹12.50 + GST per debit transaction (Lowest in industry) |
| Margin Trading (MTF) Interest Rate | 9.75% to 12.5% p.a. (One of India's cheapest MTF financing rates) | 11.99% p.a. (Margin Trading Facility / Pay Later) |
| Developer / Algorithmic API | Free (Kotak Neo APIs with TradeAPI) | Free (DhanHQ Superfast Trading APIs) |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.02% | 0.01% |
Traders under 30 seeking ₹0 brokerage, high-volume intraday equity traders, and MTF leverage seekers.
Option buyers/sellers, intraday scalpers, Pine Script webhook automated traders, and chartists.
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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