Dhan Charges 2026 — Brokerage, MTF, AMC & DP Fees
Dhan (Options-trader-focused broker with powerful features) charges ₹0 (free) on equity delivery, ₹20/trade or 0.03% (lower) on intraday and ₹20/trade on F&O. MTF interest is ~12.49% p.a. and AMC is ₹0 (free). Best for: Options traders, MTF users, advanced retail.
Charges verified March 2026. Live per-stock MTF rates: /mtf.
Dhan charges at a glance
| Charge | Dhan |
|---|---|
| Equity delivery brokerage | ₹0 (free) |
| Intraday brokerage | ₹20/trade or 0.03% (lower) |
| F&O brokerage | ₹20/trade |
| MTF interest (per annum) | ~12.49% p.a. |
| AMC (account maintenance) | ₹0 (free) |
Is Dhan safe?
Yes — Dhan is a SEBI-registered stockbroker and depository participant. Your shares are held in your own demat account with NSDL/CDSL, not with the broker, so they are safe even if the broker has issues. Equity trades are covered by the exchanges' investor protection funds. As with any broker, enable two-factor authentication and check your contract notes.
Pros
- Lowest MTF rate in the segment (~12.49%)
- Zero AMC
- TradingView charts built-in
- Options chain, strategy builder, backtesting — trader-first features
Cons
- Smaller user base than Zerodha/Upstox
- Fewer educational resources
- App still maturing — occasional UX rough edges
Compare Dhan with other brokers
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