Best Dhan Alternatives ranked by AI · updated Aug 2026

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Dhan is an Indian trading and investing platform focused on equities, ETFs, mutual funds and derivatives. It stands out with advanced options tools, customizable charts and features built for active traders.

Developer: Moneylicious Securities Pvt. Ltd. Price: ₹0 account opening; ₹0 equity delivery, intraday and F&O from ₹20/order 🎯 dhan.co

💰 Investing Mobile App Mutual Funds India stock trading

Top 6 Dhan alternatives

Jiffy Trading App

Jiffy Technologies Pvt. Ltd.

Jiffy is an Indian investment and trading platform for retail investors, offering access to stocks, mutual funds, IPOs and derivatives. Its mobile-first...

Pros

Combines stocks, mutual funds, IPOs and derivatives in one app
Designed for mobile-first retail investing
Provides access to Indian exchanges and market information

Cons

Less established than Zerodha, Groww and Angel One
Pricing and product information is less transparent than leading competitors
Smaller ecosystem of educational tools and third-party integrations

N/A

Alternatives to Jiffy Trading App → Visit site

Groww

Groww is an Indian investment platform for mutual funds, stocks, ETFs, and related financial products. It is best known for a simplified...

Pros

Simpler investment experience than Fingage
Large selection of mainstream Indian investment products
Strong brand recognition and broad user adoption

Cons

Provides less personalized financial guidance than Fingage
Advanced research tools are more limited than specialist platforms
Fees vary by product and transaction type

Free account; brokerage and other transaction fees may apply

Alternatives to Groww → Visit site

Zerodha

Zerodha is an Indian discount brokerage platform for stocks, ETFs, mutual funds, bonds, and derivatives. Its standout capability is a reliable, low-cost...

Pros

More capable trading tools than Fingage
Strong reputation for low-cost brokerage
Mature platform with extensive investor education

Cons

Less personalized financial guidance than Fingage
Steeper learning curve for first-time investors
Does not provide the same all-in-one financial-wellness positioning

Free account opening; equity delivery brokerage is ₹0, other charges apply

Alternatives to Zerodha → Visit site

Shoonya

Finvasia

Shoonya is an Indian discount brokerage platform for retail investors and active traders. It provides trading in equities, derivatives, commodities, currencies, mutual...

Pros

Zero brokerage across many equity, derivatives and commodity transactions
Supports multiple Indian exchanges and asset classes
Offers APIs and trading tools for active traders

Cons

Research and educational content are less extensive than Zerodha or Angel One
User interface and onboarding can feel less polished than leading competitors
Customer support coverage is less consistently reviewed than larger brokers

₹0 brokerage; statutory charges apply

Alternatives to Shoonya → Visit site

5paisa

5paisa Capital Limited

5paisa is an Indian discount broker for self-directed investors and traders. It provides stocks, mutual funds, IPOs, insurance, commodities, currencies, and derivatives...

Pros

Subscription plans can reduce costs for frequent traders
Offers more product categories than Samco, including insurance
Provides APIs and tools for systematic or automated workflows

Cons

Plan structure is more complicated than Samco's straightforward pricing
User interface is less consistently streamlined than Zerodha or Groww
Some features depend on paid membership tiers

Plans from ₹10/order; free or discounted trades vary by plan

Alternatives to 5paisa → Visit site

Upstox

Upstox is an Indian online broker for retail investors and active traders. It offers stocks, mutual funds, IPOs, commodities, currencies, and derivatives...

Pros

Modern mobile and web interfaces compare well with Samco
Broad coverage across equities, derivatives, commodities, and currencies
Useful charting and order types for active traders

Cons

Pricing details and promotional plans can change by segment
Interface may feel busy for first-time investors
Research depth is lighter than ICICI Direct or Angel One

₹0 equity delivery; up to ₹20/order for intraday, F&O, commodities, and currencies

Alternatives to Upstox → Visit site

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