Upstox vs Dhan comparison
We are compare Upstox vs Dhan broker’s all details in this article like brokerage, DP charges, Future and option Brokerage, Intraday brokerage, Currency brokerage, Commodity brokerage and AMC charges all details check below.
Upstox vs Dhan
Comparison between two demat account. Upstox and Dhan both are Discount Brokers. Upstox get licence for trading business in 2010 but upstox actully start Business in 2012 for retail trading and Dhan incorported in 2021.
Demat Account Broker Comparison: Broker Upstox vs. Broker Dhan
| Criteria | Upstox | Dhan |
|---|---|---|
| Account Opening Process | User-friendly and easy. | User friendly and easy. |
| Account Maintenance Charges (AMC) | Lifetime Free | Lifetime Free |
| About Broker | Upstox get licence in 2010 trading business but started in 2012 for retail. Upstox is first low cost and tech enabled broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures and options. Upstox are available on its Upstox Pro Web version for computer and Upstox Pro Mobile trading platforms. | Dhan Started broking business in india from 2021. Dhan offering Equity, Currency, Commodity, IPO, Futures and Options, Bonds and Direct Mutual Funds. |
| Research and Analytics Tips | Not provided | Not provided |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | NSE, BSE, Currency and MCX |
| Customer Support | 022-41792999, 022-24229920 All Trading Days – 8 am to 5 pm | 022-43116666 Monday to Friday from 09.00 AM – 5:00 PM |
| Mobile App | Feature-packed mobile app with smooth navigation. | Mobile App is very smooth working |
| Margin Trading | Intraday- 5x leverage Delivery and F&O – No Margin | Intraday- 5x leverage and F&O – No Margin |
| Educational Resources | Limited Educational Content | Rich educational content for beginners. |
| Demat Account Features | ETF,mutual fund and Sme trading allowed at zero cost | ETF,mutual fund and SME trading allowed at zero cost |
| Security Measures | Stringent security protocols, two-factor authentication. | Advanced security |
| Special Promotions | Lifetime Free Account through this link Open Upstox free account LINK | Lifetime free account |
| Overall Rating | 4.3/5 | 4.4/5 |
Upstox vs DHAn Brokrage comparison
| Equity Delivery | 2.5% or Rs 20 per executed order whichever is low | 0 – No charges |
| Equity Intraday | 0.03% or Rs 20 per executed order. Whichever is low | 0.03% or Rs 20 per executed order. Whichever is low |
| Equity Futures | 0.03% or Rs 20 per executed order. Whichever is low | 0.03% or Rs 20 per executed order. Whichever is low |
| Equity Options | Rs 20 per executed order. | Rs 20 per executed order. |
| Commodity Futures | 0.03% or Rs 20 per executed order. Whichever is low | 0.03% or Rs 20 per executed order. Whichever is low |
| Commodity Options | Rs 20 per executed order. | Rs 20 per executed order. |
| Currency Futures | 0.03% or Rs 20 per executed order. Whichever is low | 0.03% or Rs 20 per executed order. Whichever is low |
| Currency Options | Rs 20 per executed order. | 20 per executed order. |
| Call & Trade Charges | Rupees 20 per tade | Rs. 50 |
| Auto Square off Charges | 50 Rupees | 20 Rupees |
| DP Charges | Rupees 21.83 (Inclusive GST) | Rupees 14.75 (Inclusive GST) |
| Trading Platform | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola | Web, Dhan Mobile for Android/iOS and Dhan HQ tading Apis |
| Mutual Fund | Yes (Commission free mutual fund offering) Best for SIPs | Yes (Commission free mutual fund offering) Best for SIPs |
AMC Charges- Upstox vs Dhan
Dhan account opening charges is Rs.00 and annual maintenance charge(AMC charge) is also Rs.0 for Lifetime year. Dhan not getting any charge for demat accounting opening.
Uptox account opening is free of cost through Link and annual maintenance charge (AMC) is also free for lifetime. Tata group invested in upstox in january 2020. Tata group holding only 1.33% stake in upstox company. Tata is not own whole company. Tata own only 1.33% stake in upstox.
Open Dhan Account Free for lifetime
Open Upstox Account lifetime Free
Conclusion
Upstox and dhan both brokers are discount brokers. In upstox broker not offering free delivery but dhan offer lifetime zero brokerage in delivery trade. Dhan also provide lifetime free amc charges. Do not worry for AMC charges. Both broker offer lifetime free demat account. Dhan is better than upstox for investing purpose so if you are investor then you go with dhan, dhan is best for invester.
Open dhan account though this link and earn 20% Brokerage for lifetime
Check comparison with other broker link in below
Upstox vs Dhan