Best Dhan Alternatives ranked by AI · updated Aug 2026

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

Top 6 Dhan alternatives

1 Jiffy Trading App logo

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
2 Groww logo

Groww

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

3 Zerodha logo

Zerodha

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

4

Upstox

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

5

Angel One

Angel One Limited

Angel One is an Indian full-service digital broker serving retail investors and traders. Its platform combines stocks, mutual funds, IPOs, derivatives, commodities,...

Pros

  • Offers more research and advisory resources than Samco
  • Covers stocks, mutual funds, IPOs, commodities, and derivatives
  • SmartAPI supports automated and programmatic trading use cases

Cons

  • Platform has more upsell and service complexity than Samco
  • Research quality and recommendations may not suit purely passive investors
  • Charges vary across segments and account plans

₹0 account opening; up to ₹20/order or 0.1% for equity trades, whichever is lower

6

ICICI Direct

ICICI Securities Limited

ICICI Direct is a full-service Indian investment and brokerage platform connected to ICICI Bank. It serves investors who want stocks, mutual funds,...

Pros

  • Deep integration with ICICI Bank accounts and services
  • Stronger research, reports, and advisory coverage than Samco
  • Broad product range including bonds, insurance, and mutual funds

Cons

  • Typically more expensive than Samco for active trading
  • Pricing plans and brokerage schedules are harder to compare
  • Trading interface is less minimalist than leading discount brokers

Plans from ₹299/month; brokerage varies by plan and segment

How good are these alternatives?

Your feedback helps us improve the AI rankings.

✅ Thanks for your feedback!

Know a better alternative? 🙌

Suggest a product and our AI will verify it's a real alternative to Dhan before adding it to the list.