Dhan vs Zerodha: brokerage, DP charge and the same trades compared
Which costs less to trade?
2 of 6
trades cost less at Dhan; the other 4 cost the same.
Read · India Brokerage Calculator · Link to this fact
Delivery, 50 shares: Dhan ₹71.41 · Zerodha ₹72 our arithmetic
Trade totals: every charge and tax on a buy and a sell, our arithmetic on published rates judged. Rates: each broker's own, standard retail plan, read 15 October 2026.
The costs beginners compare
| Cost | Dhan | Zerodha |
|---|---|---|
| Delivery, ₹5,000 trade judged | ₹26.08 ₹0.59 less 10 shares, ₹500 in, ₹520 out | ₹26.67 ₹0.59 more 10 shares, ₹500 in, ₹520 out |
| Intraday, ₹10,000 trade judged | ₹10.69 Same 10 shares, ₹1,000 in, ₹1,010 out | ₹10.69 Same 10 shares, ₹1,000 in, ₹1,010 out |
| F&O brokerage | ₹20 Per order, futures and options | Futures ₹20 or 0.03% Options ₹20 · per order |
| DP charge | ₹12.50 + GST ₹0.59 lower with GST Per scrip sold from delivery, ₹14.75 with GST | ₹15.34 ₹0.59 higher with GST Per scrip sold from delivery, GST included |
Where they differ
Dhan and Zerodha differ on futures brokerage and match on equity delivery, equity intraday and options; their DP charges differ too. Brokerage is per executed order; tap Source for the broker's own words. "Not stated" is not "free".
- Equity delivery Same at bothDhan: ₹0No brokerage · read 15 Oct 2026
Sourcedhan.co
Equity (Delivery) Equity (Intraday) Equity (MTF) Brokerage ₹ 0 (Zero Brokerage)
dhan.coZerodha: ₹0No brokerage · read 15 Oct 2026Sourcezerodha.com
All equity delivery investments (NSE, BSE), are absolutely free - ₹ 0 brokerage.
zerodha.com - Equity intraday Same at bothDhan: ₹20 or 0.03%Per executed order, whichever is lower · read 15 Oct 2026
Sourcedhan.co
For Equity & ETFs Intraday and MTF ₹20 or 0.03% of trade value per executed order, whichever is lower.
dhan.coZerodha: ₹20 or 0.03%Per executed order, whichever is lower · read 15 Oct 2026Sourcezerodha.com
Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades
zerodha.com - Futures DiffersDhan: ₹20Per executed order · read 15 Oct 2026
Sourcedhan.co
For All Segment Options & Futures ₹20 per executed order for equity & commodity F&O.
dhan.coZerodha: ₹20 or 0.03%Per executed order, whichever is lower · read 15 Oct 2026Sourcezerodha.com
F&O F&O - Futures F&O - Options Brokerage 0.03% or Rs. 20/executed order whichever is lower Flat Rs. 20 per executed order
zerodha.com - Options Same at bothDhan: ₹20Per executed order · read 15 Oct 2026
Sourcedhan.co
For All Segment Options & Futures ₹20 per executed order for equity & commodity F&O.
dhan.coZerodha: ₹20Per executed order · read 15 Oct 2026Sourcezerodha.com
Flat ₹20 on all option trades.
zerodha.com - DP charge Depository charge, per scrip soldDhan: ₹12.50+ GST ₹0.59 lower with GSTPer scrip on a delivery sell, ₹14.75 with 18% GST · read 15 Oct 2026
Sourcedhan.co
DP Transaction Charges ₹ 12.50 / instruction / ISIN + GST.
dhan.coZerodha: ₹15.34 ₹0.59 higher with GSTPer scrip on a delivery sell, GST included · read 15 Oct 2026Sourcezerodha.com
₹15.34 per scrip (₹3.5 CDSL fee + ₹9.5 Zerodha fee + ₹2.34 GST) is charged on the trading account ledger when stocks are sold
zerodha.com
Taxes and exchange charges (STT, NSE, SEBI, stamp duty, GST) are the same at every broker: see the calculator's table.
The same six trades at both
Total charges on each round trip (a buy and a sell): brokerage, STT, NSE and SEBI charges, stamp duty, GST and, on delivery, the DP charge judged. NSE rates read 15 October 2026. Tap a total to open that trade in the calculator.
Dhan costs less on 2 of 6 trades; 4 cost the same
6 trades · read 15 Oct 2026
Lower total at Dhan 2 · at Zerodha 0 · same 4
Static viewthe figures are written out beside this chart
| Trade | Dhan | Zerodha |
|---|---|---|
| Intraday, 100 shares₹1,000 in, ₹1,010 out, ₹1,00,000 a side | ₹82.97 Same Brokerage ₹40 | ₹82.97 Same Brokerage ₹40 |
| Intraday, 10 shares₹1,000 in, ₹1,010 out, ₹10,000 a side | ₹10.69 Same Brokerage ₹6.03 | ₹10.69 Same Brokerage ₹6.03 |
| Delivery, 50 shares₹500 in, ₹520 out, ₹25,000 a side | ₹71.41 ₹0.59 less Brokerage ₹0 | ₹72 ₹0.59 more Brokerage ₹0 |
| Delivery, 10 shares₹500 in, ₹520 out, ₹5,000 a side | ₹26.08 ₹0.59 less Brokerage ₹0 | ₹26.67 ₹0.59 more Brokerage ₹0 |
| Futures, 500 units₹1,500 in, ₹1,510 out, ₹7,50,000 a side | ₹473.97 Same Brokerage ₹40 | ₹473.97 Same Brokerage ₹40 |
| Options, 75 unitspremium ₹100 in, ₹120 out, ₹7,500 a side | ₹67.86 Same Brokerage ₹40 | ₹67.86 Same Brokerage ₹40 |
On 50 shares bought for delivery at ₹500 and sold at ₹520, total charges come to ₹71.41 at Dhan and ₹72 at Zerodha, according to TradingLookup's India Brokerage Charges data (October 2026).
Our notes on the pages we read
- Dhan: One line covers futures and options (F&O tab not in saved text); Plus GST; page says per instruction per ISIN, not explicitly per sell.
- Zerodha: F&O table: first column (Futures) is 0.03% or Rs. 20 whichever is lower; Female first holders get ₹0.25 off the CDSL fee.
What this page leaves out
- One plan each: the standard retail plan for resident individuals, after any first-30-days offer.
- Account opening and maintenance (AMC) fees, MTF interest, pledge, auto square-off and call-and-trade fees: not in our data yet for either broker.
- Apps, research, order types and service: this page compares charges only.
- Rates change. Check the dates above and each broker's own page before you trade.
Data, not advice. Both brokers serve Indian residents; this page is not an offer or a recommendation, this comparison has no paid links, and we earn nothing from it. Found an error? Tell us.
More
- Dhan chargesEvery segment, with the receipt
- Zerodha chargesEvery segment, with the receipt
- Calculator: DhanYour own trade, pre-filled
- Calculator: ZerodhaYour own trade, pre-filled
- All Indian brokersCharges side by side, A to Z