Broker comparison
Dhan vs Upstox: Charges and Platform Compared
Dhan and Upstox are two of the 5 brokers on Market Dekho's broker comparison. For equity delivery, Dhan lists "₹0" and Upstox lists "₹20 per executed order". On annual maintenance, Dhan lists "₹0 (lifetime zero AMC)" and Upstox lists "₹0 in year 1; then ₹300 + GST/year (non-BSDA)". The two list identical text for 1 of the 5 rows compared.
Side by side
| Dhan | Upstox | |
|---|---|---|
| Account opening | ₹0 | ₹0 |
| Annual maintenance (AMC) | ₹0 (lifetime zero AMC) | ₹0 in year 1; then ₹300 + GST/year (non-BSDA) |
| Equity delivery | ₹0 | ₹20 per executed order |
| Intraday / F&O | ₹20 or 0.03%/order, whichever lower (₹10 for women customers) | Intraday: ₹20 or 0.1%, lower. Futures: ₹20 or 0.05%, lower. Options: ₹20 flat |
| Platform | Dhan app + Options Trader, TradingView charts built in | Upstox Pro |
Charges checked against each broker's own pricing page on 12 Oct 2026 for Zerodha, Upstox and Dhan. Groww and Angel One figures are from September 2026 — confirm them on the broker's site. Confirm on the broker's own site.
Dhan: account opening page →Upstox: account opening page →
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Frequently asked questions
What is the difference between Dhan and Upstox?
This page lists, row by row, what each broker publishes on its pricing page for account opening, annual maintenance (amc), equity delivery, intraday / f&o, platform. The two list identical text for 1 of 5 rows.
Which broker is better?
This page does not say. It shows listed charges and platforms side by side. The right broker depends on how often you trade, what you trade, and which features you use, and charges change without notice.
How current are these charges?
Charges checked against each broker's own pricing page on 12 Oct 2026 for Zerodha, Upstox and Dhan. Groww and Angel One figures are from September 2026 — confirm them on the broker's site.
Are there charges beyond brokerage?
Yes. STT, stamp duty, exchange charges, SEBI fees and GST apply on top of brokerage whichever broker you use. Our brokerage calculator shows how they add up.
Educational comparison, not investment advice or a recommendation of any broker. Market Dekho is not a SEBI-registered Research Analyst or Investment Adviser. Charges are as listed by each broker at the time stated and change without notice.