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Zerodha vs Dhan: which is cheaper?

Zerodha and Dhan cost about the same (within ₹1) for delivery, intraday, futures, options, currency futures, currency options, commodity futures and commodity options. On a ₹1 lakh delivery buy and sell, Zerodha costs ₹237.82 and Dhan ₹237.23 including taxes and the DP charge.

Checked 31 Oct 2026. Totals include 18% GST, STT, exchange and SEBI fees, stamp duty and the DP charge on delivery sells.

Who is cheaper, segment by segment

Each trade is one buy order and one sell order at the size shown.

Segment and tradeZerodhaDhanCheaper
Equity delivery₹1 lakh buy + sell₹237.82₹237.23About the same
Equity intraday₹1 lakh buy + sell₹82.68₹82.68About the same
Equity futures₹10 lakh contract₹612.75₹612.75About the same
Equity options₹10,000 premium, buy + sell₹70.91₹70.91About the same
Currency futures₹85,000 contract, buy + sell₹48.19₹48.19About the same
Currency options₹1,000 premium₹47.94₹47.94About the same
Commodity futures₹6 lakh contract, buy + sell₹150.35₹150.35About the same
Commodity options₹10,000 premium₹62.39₹62.39About the same

Zerodha vs Dhan on your own trade

Enter your own trade size. Totals include brokerage, 18% GST, STT, exchange and SEBI fees, stamp duty and, on delivery sells, the DP charge.

On this tradeZerodhaDhan
Brokerage₹0.00₹0.00
GST on brokerage₹0.00₹0.00
STT₹200.00₹200.00
Exchange and SEBI fees, with GST₹7.48₹7.48
Stamp duty₹15.00₹15.00
DP charge on the sell₹15.34₹14.75
Total₹237.82₹237.23

Dhan is ₹0.59 cheaper on this trade.

Small and large trades

Flat-fee plans cost the same at any size; percentage and per-lot plans grow with the trade.

TradeZerodhaDhanCheaper
Equity delivery₹10,000, buy + sell₹37.59₹37.00About the same
Equity delivery₹5 lakh, buy + sell₹1,127.75₹1,127.16About the same
Equity delivery₹25 lakh, buy + sell₹5,577.37₹5,576.78About the same
Equity intraday₹5 lakh, buy + sell₹224.61₹224.61About the same
Equity intraday₹25 lakh, buy + sell₹934.23₹934.23About the same
Equity futures₹25 lakh contract, buy + sell₹1,461.07₹1,461.07About the same
Equity options₹25,000 premium, 5 lots, buy + sell₹106.47₹106.47About the same
Equity options₹1 lakh premium, 20 lots, buy + sell₹284.29₹284.29About the same

Rate cards side by side

ChargeZerodhaDhan
Equity delivery₹0₹0
Equity intraday₹20 or 0.03% (whichever is lower)₹20 or 0.03% (whichever is lower)
Equity futures₹20 or 0.03% (whichever is lower)₹20 per order
Equity options₹20 per order₹20 per order
Currency futures₹20 or 0.03% (whichever is lower)₹20 or 0.03% (whichever is lower)
Currency options₹20 per order₹20 per order
Commodity futures₹20 or 0.03% (whichever is lower)₹20 per order
Commodity options₹20 per order₹20 per order
DP charge per sell₹15.34₹14.75
Demat AMC₹300/yr (₹0 BSDA under ₹4L)₹0

Check before you choose

Zerodha

  • Accounts that break the 50% cash-margin rule pay ₹40, not ₹20, per intraday F&O order from 1 Apr 2026. A debit balance adds ₹20 per order.
  • Free delivery is for individuals only; HUFs, firms and companies pay 0.1% or ₹20.
  • Call & trade and auto square-off: ₹50 per order.

Dhan

  • F&O that goes to physical delivery costs 0.10% of contract value.
  • Free delivery, ETFs and IPOs; zero AMC for individuals.
  • Auto square-off ₹20 + GST; call & trade ₹50 + GST.

Common questions

Which is cheaper, Zerodha or Dhan?

Zerodha and Dhan cost about the same (within ₹1) for delivery, intraday, futures, options, currency futures, currency options, commodity futures and commodity options. On a ₹1 lakh delivery buy and sell, Zerodha costs ₹237.82 and Dhan ₹237.23 including taxes and the DP charge. Rates checked 31 Oct 2026.

More comparisons

Cheapest broker by segment