Forex Dhan Broker Review Trading

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

Dhan Trading Conditions

Registered Region India

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email help@dhan.co

Contact Number +919987761000

Website dhan.co

Balanced Review

Pros & Cons

Pros

Regulated by Securities and Exchange Board of India (SEBI)
Diverse range of trading instruments including equities, futures, options, and commodities
User-friendly mobile app and web platform for seamless trading
Advanced trading features such as real-time charting and market alerts
Accessible customer support during trading hours

Cons

Limited trading platform features compared to established competitors
Technical issues and glitches affecting trading performance
Lack of transparency in brokerage charges
No educational resources or market analysis provided
Inability to provide stock tips or research reports

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Dhan	XA Markets	Goodwill	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	India	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Dhan Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Individual Account	Resident Indian investors	Access to all trading segments including stocks, futures, options, commodities	No minimum deposit; suitable for all types of retail investors
HUF Account	Hindu Undivided Families	Similar access and services as individual accounts	No minimum deposit; requires HUF PAN and additional documentation
Corporate Account	Companies and partnerships	Full market access, including stocks and derivatives	Requires incorporation documents; corporate clients must meet specific eligibility criteria
Partnership Account	Legally structured partnerships	Full market access similar to corporate accounts	Requires partnership deed and compliance documentation

Account Opening Process

To open an account with Dhan, follow these steps: First, submit your personal information, including identity proof, address proof, and financial details. You will also need to verify your identity by providing a government-issued ID and proof of address. After this, you can link your bank account for trading purposes. The process is streamlined for flexibility, allowing users to upgrade to a professional account later if required.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	No commission on delivery trades
CFDs (Stocks, Indices, Commodities)	Varies	Flat ₹20 or 0.03%	Applicable for intraday trading
Cryptocurrencies	Varies	0.1%	Variable fees depending on market conditions

Other Fees

Other fees may include deposit and withdrawal fees, inactivity fees, overnight interest (swap rates), and currency conversion fees. It is important to review these potential costs to understand the overall expenses associated with trading on the platform.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Dhan User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Amit Sharma

Mumbai

★ ★ ★ ★ ★

I had high hopes for Dhan, but my experience has been quite frustrating. The app often crashes during peak trading hours, and my withdrawal requests took much longer than expected. Customer support is hard to reach, and they seem overwhelmed. I am considering moving my investments to another platform.

Priya Mehta

Bengaluru

★ ★ ★ ★ ★

I’ve been using Dhan for my trading needs and overall, I’m quite satisfied. The integration with TradingView is seamless, making my trading experience smooth. However, the mobile app can lag at times. If they address the performance issues, it would be perfect!

Rajesh Verma

Delhi

★ ★ ★ ★ ★

My experience with Dhan has been terrible. I tried to withdraw money after a successful trade, but I faced endless requests for documentation. Customer service is unresponsive, and I feel like my funds are stuck. I would not recommend this broker to anyone.

Sneha Patel

Ahmedabad

★ ★ ★ ★ ★

Dhan has been a game changer for me! The platform is user-friendly and offers a great range of trading instruments. The speed of transactions is impressive, and I appreciate the real-time alerts. I’ve had a few minor issues, but their customer support resolved them quickly. Highly recommend for both new and experienced traders!

India Market