Dhan App Review — two years ago, I wouldn’t have written one. Zerodha was the default answer for anyone asking about stock trading apps in India, and everything else felt like a distant second.
Then in 2023, a trader friend of mine switched to Dhan and wouldn’t stop talking about it.
I was sceptical. I finally tried it — and stayed.
So in this Dhan App Review, I’m going to be completely straight with you.
I’ll cover what Dhan actually does well, where it genuinely outpaces Zerodha and Groww, what the brokerage structure looks like in real numbers, and where it still has limitations you need to know before you commit.
I’ll also tell you exactly how to use referral code DHAN30 when opening your free Demat account — and what you get for it.
Before I get into this Dhan App Review properly: this is not a sponsored piece.
Everything here is based on real platform usage, current 2026 data, and the kind of honest analysis you actually want before switching your broker.
🎁 Quick Note: Use Dhan App referral code DHAN30 when signing up to open a free Demat account with lifetime zero AMC, zero brokerage on equity delivery, and a signup bonus. Keep reading for the full sign-up walkthrough.
Let’s get into it.
What Is Dhan? – Every Dhan App Review Should Start Here
One question every honest Dhan App Review must answer upfront: what exactly is this platform, and who built it?
Dhan is a SEBI-registered online stockbroking platform launched in September 2021 by Raise Securities Private Limited (formerly Moneylicious Securities Private Limited), headquartered in Mumbai.
The company is led by Pravin Jadhav, former CEO of Paytm Money — which tells you something about the product philosophy from day one.
This isn’t a team that stumbled into fintech; they came in with a very specific vision of what a modern Indian trading platform should look like.
Dhan is backed by serious institutional investors including Mirae Asset, BEENEXT, Blume Ventures, 3one4 Capital, and Social Leverage.
That funding pedigree matters because it signals longevity — this isn’t a platform likely to disappear quietly like some earlier fintech experiments.
In the four years since launch, Dhan has grown to serve over 1 million users and has picked up significant industry recognition:
- Best Options Broker 2024 — TradingView
- Fast 50 Award, Fintech Category 2024 — Deloitte India Technology
- Best Trading & Investing Platform 2024 — Money Expo
- Leading Member in Traded Clients — MCX Awards 2024
But here’s what most Dhan App Review articles miss: Dhan isn’t just a broker.
It’s a multi-platform trading ecosystem — a mobile app, a web platform, a dedicated options trading app, a stock screener, an algo trading suite, and a TradingView integration, all under one account.
That breadth, at zero account opening cost and zero delivery brokerage, is genuinely remarkable.
Dhan is registered with SEBI (Registration No. INZ000006031) and is a member of NSE (90133), BSE (6593), and MCX (56320), with depository services through CDSL. Compliance credentials are solid.
💡 Heads up: Enter referral code DHAN30 when opening your Dhan account to unlock your free Demat with lifetime zero AMC and zero equity delivery brokerage.
This is one of the cleanest sign-up offers in the Indian broking space.
Also Read: Mudrex Review 2026: The Most Honest Look at India’s Fastest-Growing Crypto Platform
Dhan App Review: Platform Features – The Full Picture
1. The Dhan Mobile App — Built for Speed, Not Just Looks
Every Dhan App Review worth reading should start with the actual app experience — because that’s where most users spend 90% of their time.
And the Dhan mobile app is genuinely one of the most thoughtfully designed trading apps in India right now.
The interface is clean without being stripped of functionality. Your portfolio, watchlist, P&L summary, and quick-access order buttons are all visible on the home screen without needing to dig through menus.
Order placement is fast — in practice, from watchlist to confirmed order takes about 3–4 taps, which matters enormously for intraday and F&O traders where seconds count.
One feature that deserves specific mention in this Dhan App Review: one-drag Stop Loss and Target placement directly on charts.
On most Indian apps, setting a SL and target requires navigating to a separate order screen, entering price levels manually, and confirming.
On Dhan, you drag lines on the chart to your desired levels. It sounds minor. It is not.
Under live market pressure, this kind of friction reduction changes outcomes.
The Dhan app also supports:
- After Market Orders (AMO) — place orders outside trading hours
- Basket Orders — execute multiple orders simultaneously for strategy trades
- Forever Orders — validity up to 365 days for CNC/NRML/Intraday/MTF positions
- Trailing Stop Loss — auto-adjusting SL that moves with the market in your favour
- Iceberg Orders — split large orders into smaller tranches to avoid market impact
- T+5 Orders — short-term stock positions with pay-later flexibility up to 5 days
- Conditional SIPs — automate SIPs based on stock, index, or portfolio movements
That last two are genuinely innovative. Conditional SIPs in particular — the ability to auto-trigger a SIP buy only when specific market conditions are met — is something no other major Indian broker offers at this level of integration.
2. Dhan Web — The Big Screen Experience
The Dhan web platform runs in any browser and is designed for traders who want the full charting and data experience on a large monitor.
The web platform includes the complete suite of order types, live market depth, multiple watchlists, and advanced charting.
The standout web feature in this Dhan App Review: native TradingView integration via tv.dhan.co.
Dhan was the first Indian broker on TradingView’s trading panel — and remains the only broker globally to support options trading directly from TradingView charts.
If you live inside TradingView for your technical analysis, this is transformative.
You no longer need to copy signals from TradingView into a separate broker terminal. You execute directly from the chart.
3. Options Trader — A Dedicated F&O Platform
This is the product that has most surprised me personally — and it deserves its own section in any serious Dhan App Review.
Options Trader is a separate dedicated platform (both web and app) built specifically for F&O traders, and it is the most fully-featured options trading environment available from any Indian retail broker.
Key capabilities include:
Quant Mode: Instead of picking option strikes manually, you define logic for each leg — ATM Points, Closest Premium, Delta, Gamma, and 6 other conditions.
The platform auto-identifies the best strikes matching your logic. For systematic options traders running defined structures like iron condors, straddles, or strangles, this is an extraordinary time-saver.
Custom Strategy Builder: Build multi-leg strategies across expiries, see max profit/loss, breakevens, Probability of Profit (POP), risk-reward ratio, live Greeks (Delta, Gamma, Theta, Vega), and payoff graphs before entering.
Simulate outcomes by changing spot price, implied volatility, or days to expiry. Save and reuse strategies.
Flash Trade: One-tap options buying for traders who need to get in fast when a setup forms. No extra confirmation screens.
Super Orders: Place entry, target, and stop-loss in a single order with optional Trailing SL. Validity up to 365 days.
Entry goes to exchange immediately; target and SL are managed by Dhan and auto-sent on trigger.
F&O Screener & Scanners: Pre-built and custom scanners for options setups — OI buildup, PCR shifts, unusual premium moves.
The Options Trader platform alone makes this Dhan App Review a strong recommendation for F&O traders. Nothing comparable exists at zero cost from any Indian broker.
4. ScanX — Research Terminal, Not Just a Screener
Most Dhan App Review articles treat ScanX as a basic screener. It’s not anymore. The 2026 upgrade transformed ScanX into a comprehensive research terminal.
A single company page now aggregates technical data, fundamental data, ownership patterns, mutual fund activity, news and regulatory filings, ratio comparisons, and industry benchmarking — all without switching tabs.
For traders who spend 30 minutes before every session doing company research, this Dhan App Review finding is significant: ScanX can cut that to 10 minutes by consolidating what used to require five different websites.
5. Smallcase Integration — Thematic Portfolio Investing
Dhan’s smallcase integration allows users to invest in curated thematic portfolios — similar to Mudrex’s Coin Sets but for Indian equities.
Topics like Electric Vehicles, PSU Banks, Dividend Aristocrats, or ESG India are available as ready-made baskets.
This is particularly useful for long-term investors who want thematic exposure without stock-picking every holding.
This feature is available for free on Dhan — most other platforms charge a subscription for smallcase access.
6. Mutual Funds — 1,600+ Direct Funds at Zero Commission
Dhan supports investment in over 1,600 direct mutual fund schemes at absolutely zero commission — from top AMCs including SBI, ICICI, HDFC, Nippon, Kotak, Motilal Oswal, and newer-age AMCs like Jio BlackRock, Groww, and Zerodha Mutual Fund.
You can set up SIPs, invest lump sum, switch between schemes, and track performance — all within the same Dhan account.
Zero commission on direct mutual funds is standard now.
But having it integrated inside your trading account — so your equity portfolio, F&O positions, and mutual fund investments are all visible in one dashboard — is genuinely useful.
7. MTF — Margin Trade Financing
Dhan’s Margin Trade Financing (MTF) product lets you hold delivery positions with leverage — up to 5X on 1,500+ stocks, or up to 4X depending on the stock category.
MTF is useful for investors who want to hold a delivery position but don’t have the full capital at the time of purchase.
The MTF interest rate applies only on the leveraged portion, and you hold actual shares in your demat — unlike futures, where you never actually hold the stock.
For the right use case (short to medium-term positional trades), this is a powerful tool.
8. Stock Lending via SLBM — Earn Rental Income on Holdings
This is a feature that almost no Dhan App Review covers — and it’s genuinely worth knowing about.
Dhan introduced an end-to-end digital Securities Lending and Borrowing Mechanism (SLBM) in 2025, making it the first Indian retail broker to offer this seamlessly in-app.
If you hold blue-chip stocks in your Demat that you’re not planning to sell in the short term, you can lend them to borrowers through the exchange mechanism and earn a rental income — Dhan claims up to 35% p.a. over and above your portfolio holdings.
The stocks remain yours, the dividends remain yours, and you simply earn a lending fee on top.
For long-term investors with large delivery holdings, this is a meaningful passive income stream that most Indian investors don’t even know is available.
9. DhanHQ — Free Algo Trading APIs
For developers and algorithmic traders, Dhan offers DhanHQ — a free trading API suite with an average order latency of under 50 milliseconds.
Free API access in India used to be exclusively the domain of platforms charging ₹1,000–₹2,000/month.
Dhan offering it at zero cost is a genuine disruption.
DhanHQ supports webhooks (including TradingView webhooks for automated strategy execution), a closed sandbox for testing before going live, and full documentation for building custom bots, screeners, and third-party integrations.
Dhan App Review: Brokerage & Fees – Complete Breakdown
This is the section where most Dhan App Review articles get lazy.
Let me give you the complete, honest numbers.
Account Opening & Maintenance
- Account opening charge: ₹0
- Annual Maintenance Charge (Demat AMC): ₹0 for lifetime — one of the strongest offers in the market
- Platform fee: ₹0
Equity Delivery (CNC)
- Brokerage: ₹0 — absolutely zero
- This applies to stocks, ETFs, and IPOs
- Zero delivery brokerage is now standard at most discount brokers, but it’s still worth confirming
Equity Intraday (MIS)
- Brokerage: ₹20 per order or 0.03% of trade value, whichever is lower
- This is a key structure: on a ₹10,000 intraday trade, 0.03% = ₹3. You pay ₹3, not ₹20. The flat ₹20 only kicks in for larger trades
- For women investors: Dhan offers a 50% discount — ₹10 per order or 0.015%, whichever is lower
Futures (All Segments)
- Brokerage: ₹20 per executed order
Options (All Segments)
- Brokerage: ₹20 per executed order
Direct Mutual Funds
- Commission: ₹0
Call & Trade
- Charge: ₹50 per executed order (additional, above normal brokerage)
Statutory Charges (Standard across all brokers)
- STT (Securities Transaction Tax)
- Exchange Transaction Charges
- SEBI Turnover Fees
- GST at 18% on brokerage
- Stamp Duty
These are government-mandated and identical across all Indian brokers.
Dhan is transparent about displaying them on every trade confirmation.
What This Dhan App Review Thinks About the Fee Structure
Flat ₹20 or 0.03% (whichever is lower) is genuinely one of the most trader-friendly brokerage structures in India.
For small ticket trades, you pay proportional fees rather than a fixed minimum — something most brokers don’t offer.
For high-volume traders placing 10–15 orders daily, the savings over percentage-based brokers are material over a year.
The zero delivery brokerage and zero AMC together mean that a long-term investor can hold an equity portfolio on Dhan at literally no recurring cost. That’s hard to beat.
💰 Reduce your costs from day one: Use referral code DHAN30 when opening your Dhan account to unlock lifetime zero AMC plus a signup bonus. The referral code field appears during the registration process.
Dhan App Review: Security – Is Dhan Safe?
Every Dhan App Review must address this clearly, because the safety of your money and your data is non-negotiable.
SEBI Registration
Dhan (Raise Securities Private Limited) is SEBI-registered with Registration No. INZ000006031.
This means the platform operates under mandatory regulatory oversight, including capital adequacy requirements, client fund segregation rules, and periodic audits.
CDSL Depository Partnership
Dhan uses CDSL (Central Depository Services Limited) for depository services. Your Demat holdings are held with CDSL — one of India’s two government-regulated depositories — not with Dhan directly.
This is a fundamental protection: even if Dhan the broker ceased operations, your shares would remain safe in your CDSL account.
NSE, BSE & MCX Membership
Dhan is an exchange member of NSE, BSE, and MCX.
Exchange membership comes with stringent compliance requirements including mandatory contribution to investor protection funds at each exchange.
Client Fund Segregation
As a SEBI-registered broker, Dhan is required to keep client funds in segregated bank accounts completely separate from the company’s operational funds.
This prevents your money from being used for the broker’s own expenses.
Data Security
The platform uses bank-grade encryption for all transactions and data storage.
Login is secured via OTP-based two-factor authentication, and the app supports device-level security.
Track Record
Dhan was founded in 2021 and has operated without any major regulatory action, fund misappropriation incident, or significant data breach.
In a space where several smaller Indian brokers have faced serious issues in recent years, this clean track record is worth noting explicitly in any honest Dhan App Review.
The bottom line on safety: Dhan is as safe as India’s regulatory framework makes any SEBI-registered broker.
Your shares are with CDSL, your funds are in segregated accounts, and the platform has a clean compliance record. For an Indian stock broker, that’s the gold standard.
How to Open a Dhan Account & Use Referral Code DHAN30
This Dhan App Review gives you the exact sign-up process — because most articles skip the practical steps.
Step 1: Download the Dhan app from Google Play Store or Apple App Store, or visit dhan.co on your browser.
Step 2: Tap “Open a Demat Account.” Enter your mobile number and verify with OTP.
Step 3: Add your email address and verify it.
Step 4: Set a 6-digit PIN for your account.
Step 5: Enter referral code DHAN30 in the referral code field. This unlocks your lifetime zero AMC Demat account, zero equity delivery brokerage, and signup bonus.
The referral code must be entered during registration — it cannot be added after account creation.
Step 6: Complete your KYC by submitting your PAN card and Aadhaar.
The entire process is online and typically completes within a few hours to one business day.
What you get with referral code DHAN30:
- Free Demat account with lifetime zero AMC
- Zero brokerage on all equity delivery trades
- Signup bonus credited to your Dhan account
- Access to all platform features from day one — no paid tier required
- Eligibility for the Dhan Refer and Earn program, where you earn 20% of brokerage generated by anyone you subsequently refer, for life
Dhan App Review: Dhan vs Zerodha vs Groww — Honest Comparison
No Dhan App Review is complete without the direct comparison that most Indian investors are actually making.
Here is where Dhan genuinely stands apart from Zerodha and Groww.
Dhan vs Zerodha
Zerodha is the benchmark against which every Indian broker gets measured — and for good reason.
It has been the most reliable, most liquid, and most feature-complete platform in India since 2010.
But in 2026, this Dhan App Review finds that Dhan has closed most of the gaps and opened new ones in its favour.
Where Dhan wins:
- Zero AMC for life (Zerodha charges ₹300/year for AMC)
- Native TradingView integration for live trading — Zerodha doesn’t offer this
- Dedicated options trading app (Options Trader) — more feature-rich than Zerodha’s Kite for F&O
- Quant Mode options strategy builder — no equivalent at Zerodha
- One-drag SL placement on charts — a genuine UX innovation Zerodha hasn’t matched
- SLBM (stock lending) for rental income — not available at Zerodha
- Free API access (DhanHQ) — Zerodha charges for Kite Connect API
- MTF up to 5X — Zerodha’s BSDA product offers lower leverage
Where Zerodha still leads:
- Broader commodity and currency options coverage
- More mature algo trading ecosystem (Streak, Sensibull integrations)
- Longer track record — Zerodha has been operating since 2010
- 3-in-1 account via partner banks — not available at Dhan
For active options traders and intraday equity traders in 2026, this Dhan App Review’s honest assessment is that Dhan has become the better daily-use platform.
Dhan vs Groww
This comparison is less of a head-to-head and more of an audience mismatch.
Groww is built primarily for mutual fund investors and new stock market entrants who want simplicity above everything else.
This Dhan App Review sits in a different category: Dhan is trader-first.
Where Dhan wins:
- Far superior options trading tools — Groww barely supports F&O
- TradingView integration — Groww has no equivalent
- Advanced order types (Iceberg, Trailing SL, Forever Orders) — not available on Groww
- ScanX research terminal — Groww has no equivalent
- MTF and SLBM — not available on Groww
Where Groww still leads:
- Simpler onboarding for absolute beginners
- Larger brand presence and trust among first-time investors
- Better mutual fund discovery UX
For anyone who is serious about trading stocks, futures, or options, this Dhan App Review is clear: Dhan is the stronger choice over Groww by a significant margin.
Dhan App Review: The Real User Experience — What Actually Happens Day to Day
What separates a genuine Dhan App Review from a marketing rehash is the day-to-day experience. Here’s what actually using Dhan looks like.
Morning routine: You open the app during the 15-minute pre-market window. ScanX shows you overnight news, FII/DII data, and pre-open OI changes.
You set your watchlist alerts for the day. The process takes under 5 minutes and you haven’t opened a single external website.
During market hours: Order execution is fast — Dhan’s DEXT trading engine handles latency well.
For options traders, the Options Trader app’s real-time payoff graph updating live as the market moves is invaluable for managing multi-leg positions.
The one-drag SL placement is something you will never want to give up once you’ve used it.
Post-market: Dhan’s Journal feature lets you log your trades with notes on reasoning, emotion, and outcome — a disciplined practice that most serious traders swear by. Your tax P&L statement is auto-generated and can be exported for ITR filing.
What this Dhan App Review found genuinely annoying: The P&L page can occasionally lag in updating after a trade executes — a complaint echoed by multiple users in app store reviews.
It’s not consistent, but during fast markets when you’ve just exited a position and want to see your P&L immediately, the delay is frustrating.
Dhan is aware of this and has been working on it, but it hasn’t been fully resolved as of this writing.
Also, Dhan does not provide stock research reports or buy/sell recommendations.
If you rely on broker-provided research to make trading decisions, this is a material gap.
Dhan’s philosophy is that you bring your own analysis; the platform provides the tools to execute it.
Dhan App Review: Pros and Cons — The Balanced Verdict
✅ What This Dhan App Review Rates Highly
Zero Account Cost: Free account opening, lifetime zero AMC, zero equity delivery brokerage.
No recurring platform fee. The total cost of simply having a Dhan account is literally zero.
Options Trader Platform: The most advanced dedicated options trading environment available from any Indian retail broker.
Quant Mode, Flash Trade, Super Orders, live Greeks, payoff simulation — all free.
TradingView Integration: First and only Indian broker on TradingView’s trading panel. Trade stocks, futures, and options directly from TradingView charts — a game-changer for technical traders.
Flat ₹20 Brokerage: Simple, predictable, and low — especially because the 0.03% cap means small trades pay proportional fees, not flat minimums.
One-Drag SL on Charts: The most underrated feature in this Dhan App Review.
Under live market pressure, setting SL and target by dragging on a chart versus typing numbers into fields is a genuine execution advantage.
SLBM — Stock Rental Income: Lend your long-term holdings and earn up to 35% p.a. in rental income.
A genuinely innovative passive income feature available nowhere else in Indian retail broking.
Free DhanHQ API: Algo traders and developers get free API access with sub-50ms latency. No monthly subscription.
Conditional SIPs: Automate SIPs triggered by market conditions — a level of investment automation that no competitor offers.
MTF up to 5X: Leverage long delivery positions on 1,500+ stocks.
Referral Code DHAN30 Bonus: Use code DHAN30 at sign-up for lifetime zero AMC, zero delivery brokerage, and a signup bonus.
Plus earn 20% of brokerage from anyone you refer, for life.
Women’s 50% Brokerage Discount: Dhan offers female investors a 50% discount on intraday brokerage — a meaningful and socially progressive differentiator.
⚠️ What This Dhan App Review Found Lacking
No Research Reports or Stock Tips: Dhan is a pure execution platform. It won’t tell you what to buy or sell.
If you need analyst recommendations baked into your broker app, look elsewhere.
No 3-in-1 Account: Dhan doesn’t offer banking services, so you can’t link a savings account within the Dhan ecosystem the way some banks-as-brokers offer.
No NRI Accounts: Dhan currently does not support NRI accounts — a significant limitation for Indian diaspora who want to invest in Indian markets.
Call & Trade Fee: If you need to place orders over the phone, Dhan charges ₹50 per executed order as a Call & Trade fee.
This isn’t unreasonable, but it’s worth knowing.
P&L Lag After Execution: As noted in the real user experience section, the P&L screen can lag post-trade. Not a deal-breaker, but worth flagging in an honest Dhan App Review.
No Unlimited Trading Plans: Some brokers offer monthly unlimited trading subscriptions (flat fee regardless of order count). Dhan doesn’t.
For extremely high-frequency traders, this could make Dhan more expensive at the margin.
Who Should Use Dhan in 2026? — This Dhan App Review’s Verdict
Dhan is perfect for:
- Active intraday traders who need fast execution, advanced order types, and chart-based SL placement
- F&O and options traders who want the best options trading platform in Indian retail — zero cost
- TradingView users who want to trade directly from their existing chart setup
- Algo traders and developers who need free API access with low latency
- Long-term investors who want zero AMC, zero delivery brokerage, and SLBM passive income
- Beginners who want a clean, fast interface and no account maintenance costs
- Women investors who benefit from the 50% brokerage discount
Consider alternatives if:
- You need broker-provided research reports and stock recommendations
- You are an NRI wanting to invest in Indian markets
- You need a 3-in-1 account with a bank
- You trade extremely high volumes and need an unlimited order plan
If you fall into the right-fit category, use referral code DHAN30 when opening your account to get lifetime zero AMC and a signup bonus on top of everything Dhan already offers for free.
Dhan App Review: Is It Worth It in 2026? The Final Scorecard
| Category | Rating | Notes |
|---|---|---|
| Mobile App Experience | ⭐⭐⭐⭐⭐ | Fast, clean, powerful — best in class |
| Options Trading Platform | ⭐⭐⭐⭐⭐ | Unmatched in Indian retail broking |
| Brokerage Charges | ⭐⭐⭐⭐⭐ | ₹0 delivery, ₹20 intraday, zero AMC |
| TradingView Integration | ⭐⭐⭐⭐⭐ | Only Indian broker on TradingView globally |
| Security & Compliance | ⭐⭐⭐⭐⭐ | SEBI registered, CDSL, clean track record |
| Research Tools (ScanX) | ⭐⭐⭐⭐ | Strong; no broker-driven recommendations |
| Mutual Funds | ⭐⭐⭐⭐ | 1,600+ direct funds at zero commission |
| Algo Trading (DhanHQ) | ⭐⭐⭐⭐⭐ | Free API, sub-50ms latency |
| SLBM / Stock Lending | ⭐⭐⭐⭐⭐ | First in Indian retail; up to 35% p.a. |
| NRI Support | ⭐ | Not available — significant gap |
| Customer Support | ⭐⭐⭐⭐ | Responsive; no phone support for free |
| Referral Program | ⭐⭐⭐⭐⭐ | 20% lifetime brokerage; code DHAN30 |
Overall Dhan App Review Score: 4.6 / 5
Conclusion — Final Dhan App Review Verdict
After using Dhan extensively for this comprehensive Dhan App Review — and cross-checking every claim against 2026 platform data — this Dhan App Review, the conclusion is clear: for Indian traders and investors in 2026, Dhan is one of the two or three genuinely excellent stock broker choices available — and for active F&O traders, it’s arguably number one.
The zero-cost account structure, the Options Trader platform, the TradingView integration, the SLBM passive income feature, and the free DhanHQ API together form a package that no other Indian broker matches at any price, let alone at zero.
And the product team’s track record of consistent, meaningful feature shipping — Conditional SIPs, T+5 Orders, SLBM, Quant Mode all in the last 18 months — suggests this platform is only getting better.
Every Dhan App Review eventually comes down to the same question: should you open an account?
For active traders, the answer is unambiguously yes.
For long-term investors, the zero AMC and zero delivery brokerage make it a sensible home for your equity portfolio even if you don’t use the advanced tools.
When you sign up, enter referral code DHAN30 to open your free Demat account with lifetime zero AMC, zero delivery brokerage, and a signup bonus credited to your account.
It also makes you eligible to earn 20% of brokerage generated by anyone you refer to Dhan — for life. It’s a genuinely strong welcome offer for what is already a zero-cost platform.
Open Your Free Dhan Account → Use Referral Code DHAN30
Frequently Asked Questions (FAQs)
Q1. Is the Dhan App safe for Indian investors?
Yes — and this is one of the strongest findings in this Dhan App Review.
Dhan is SEBI-registered (INZ000006031), a member of NSE, BSE, and MCX, and uses CDSL for depository services.
Your shares are held with CDSL — not with Dhan — which means your holdings are protected even in the unlikely event of a broker failure. Client funds are kept in segregated accounts as per SEBI regulations.
Q2. What is Dhan App referral code DHAN30?
DHAN30 is a referral code you enter during sign-up on the Dhan app.
Using it gives you a free Demat account with lifetime zero AMC, zero equity delivery brokerage, and a signup bonus.
After opening your account, you also become eligible to refer others and earn 20% of their brokerage generated on Dhan, for life.
Q3. What does this Dhan App Review say about brokerage charges in 2026?
According to this Dhan App Review: equity delivery is ₹0.
Intraday trading is ₹20 per order or 0.03% of trade value, whichever is lower.
Futures and options are ₹20 per executed order.
Direct mutual funds are ₹0. There are no account opening charges and no annual maintenance charges.
Q4. Does Dhan support options trading?
Yes — and this is one of the highlights of this Dhan App Review.
Dhan has a dedicated Options Trader app and web platform with Quant Mode, Custom Strategy Builder, Flash Trade, Super Orders, live Greeks, payoff simulation, and F&O screeners.
It’s the most advanced options trading environment available from any Indian retail broker at zero cost.
Q5. Can I use Dhan with TradingView?
Yes. Dhan was the first Indian broker on TradingView’s trading panel and remains the only broker globally to support options trading directly from TradingView charts.
You can trade stocks, futures, and commodities directly from tradingview.com or tv.dhan.co via your Dhan account.
Q6. What is SLBM on Dhan and how does it work?
SLBM (Securities Lending and Borrowing Mechanism) allows you to lend stocks you hold in your Demat to short-sellers through the exchange mechanism and earn a rental income — Dhan claims up to 35% p.a.
Your shares remain in your demat, dividends remain yours, and you earn a lending fee on top.
Dhan is the first Indian retail broker to offer end-to-end digital SLBM.
Q7. Does Dhan offer free API access?
Yes. DhanHQ provides free trading APIs with average order latency under 50ms. It supports webhooks (including TradingView webhooks), a sandbox for testing, and comprehensive documentation.
This Dhan App Review considers free API access one of the most significant competitive advantages Dhan offers.
Q8. Does this Dhan App Review say Dhan is better than Zerodha in 2026?
This Dhan App Review finds Dhan ahead of Zerodha for active F&O traders and intraday traders on several dimensions — native TradingView integration, dedicated options platform with Quant Mode, zero AMC vs. Zerodha’s ₹300/year, free DhanHQ API vs. paid Kite Connect, and SLBM passive income.
Zerodha still leads on overall track record and broader instrument coverage. For options trading specifically, Dhan wins.
Q9. What is the Dhan referral program?
After placing your first trade on Dhan, you get access to the Refer and Earn program. Share your unique referral code or link.
When a friend signs up using your code and starts trading, you earn 20% of all brokerage generated by that person — for life.
Referral earnings are credited daily and can be withdrawn once you accumulate a minimum of ₹100.
Q10. Does Dhan support mutual fund SIPs? Yes. Dhan supports SIPs across 1,600+ direct mutual fund schemes at zero commission.
You can also set up Conditional SIPs — a feature unique to Dhan that lets you automate investments triggered by specific market conditions like a stock reaching a price level, an index moving by a certain percentage, or portfolio drawdowns.
External Resources: Dhan App Review
- Dhan Official Website
- SEBI — Stock Broker Registration Verification
- CDSL — Depository Services India
- NSE India — Registered Members List