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Dhan (Raise Financial Services)
95/100
Tech-First Discount Broker
The fastest-growing platform tailored exclusively for serious F&O and intraday traders.
Credwiser Score 95/100

Dhan (Raise Financial Services)

Tech-First Discount Broker • The fastest-growing platform tailored exclusively for serious F&O and intraday traders.

Broker TypeTech-First Discount Broker
Account Opening₹0 (Free Account Opening)
Demat AMC₹0 (Lifetime Zero Demat AMC)
Equity Delivery₹0 (Free Equity Delivery)
Equity Intraday0.03% or ₹20 per executed order
Futures & OptionsFlat ₹20 per executed order for F&O
MTF Rate12.5% per annum (Lowest MTF interest rates in India)
DP Charges₹12.50 + 18% GST per scrip per day on debit (CDSL)
PlatformDhan App, Options Trader App, TradingView Console (tv.dhan.co), Webhook order execution
Algo / API100% Free SuperFast Trading APIs with Python SDK & TradingView Webhooks
Active Clients1.2 Million+
SEBI RegistrationINZ000006031 • CDSL DP ID: 12093500
Best ForSerious derivative traders, systematic algo scalpers, and swing traders using MTF

Strengths

  • Dedicated Options Trader app with payoff diagrams, straddle builders, and Greeks
  • Industry-low 12.5% MTF interest rate with 4x leverage on 900+ stocks
  • Full TradingView.com access (tv.dhan.co) with multi-charts at zero cost
  • Free Webhook trading from Pine Script and free REST APIs

Weaknesses

  • Relatively newer entrant in Indian broking compared to legacy players
  • High feature density can feel overwhelming for complete beginners

Dhan (Raise Financial Services) FAQs

Can I execute orders automatically using TradingView Webhooks on Dhan?

Yes. Dhan natively supports Webhooks. You can set alerts on TradingView Pine Script strategies to automatically fire market and limit orders directly to Dhan.

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