Dhan vs SBI Securities Comparison
Compare brokerage charges, trading platforms, technical features, pros, cons, and account opening times to see which Demat account is best for you.
Dhan is the Clear Winner
Dhan is the superior choice for most traders and investors due to its higher overall rating of 9.6/10 compared to SBI Securities's 8.0/10. Key strengths include Trade directly from TradingView charts and Built specifically for super-traders with deep TradingView integration..
📊 Charges & Pricing Comparison
| Fee / Segment | Dhan | SBI Securities |
|---|---|---|
| Account Opening Fee | Free | Rs 850 (approx) |
| Account AMC (Annual) | Free | Rs 750 / year |
| Equity Delivery | Rs 0 | 0.50% |
| Intraday Brokerage | Rs 20 or 0.03% | 0.05% |
| Futures & Options | Rs 20 per order / Rs 10 for women | Rs 50 per order (approx) |
| Commodity Trading | Rs 20 per order | N/A |
| Other / DP Charges | Pledge charges apply | Extensive full-service charges |
| Account Opening Time | 10 Minutes | 24 Hours |
💻 Trading Tools & Platforms
| Platform Feature | Dhan | SBI Securities |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ✅ Available |
| Advisory & Tips | ✅ Yes | ✅ Yes |
| Trading API Access | ✅ Free API | ❌ No |
| Advanced Charts | ✅ Yes | ❌ No |
| Web Interface | Industry-first direct TradingView integration via webhooks. | Modern, fast, browser-based trading platform with TradingView charts. |
| Mobile Trading App | Highly rated mobile app available on iOS and Android with biometric login. | Highly rated mobile app available on iOS and Android with biometric login. |
Dhan Pros & Cons
Pros
- ✅ Trade directly from TradingView charts
- ✅ 50% brokerage discount for women
- ✅ Deeply integrated features for F&O
Cons
- ❌ Can be overwhelming for total beginners
- ❌ Relatively new player
SBI Securities Pros & Cons
Pros
- ✅ Immense trust factor
- ✅ Seamless 3-in-1 account integration
- ✅ Relationship manager service
Cons
- ❌ Very high brokerage costs (percentage based)
- ❌ Outdated legacy technology
❓ FAQs: Dhan vs SBI Securities
Which is cheaper between Dhan and SBI Securities?
Dhan charges Rs 0 for delivery trades and Rs 20 or 0.03% for intraday, with an AMC of Free. Meanwhile, SBI Securities charges 0.50% for delivery and 0.05% for intraday, with an AMC of Rs 750 / year. In terms of onboarding costs, Dhan is Free compared to SBI Securities's Rs 850 (approx).
Who has a better mobile app: Dhan or SBI Securities?
Dhan's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, SBI Securities's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". If you require advanced charting tools directly on your phone, both platforms support TradingView integrations but execution layouts vary.
Is Dhan safer to use than SBI Securities?
Both Dhan and SBI Securities are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, Dhan has a rating of 9.6/10, reflecting their complaint ratio and client size, while SBI Securities has a rating of 8.0/10.