SBI Securities⭐ 8.0/10
Dhan⭐ 9.6/10SBI Securities vs Dhan 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 | SBI Securities | Dhan |
|---|---|---|
| Account Opening Fee | Rs 850 (approx) | Free |
| Account AMC (Annual) | Rs 750 / year | Free |
| Equity Delivery | 0.50% | Rs 0 |
| Intraday Brokerage | 0.05% | Rs 20 or 0.03% |
| Futures & Options | Rs 50 per order (approx) | Rs 20 per order / Rs 10 for women |
| Commodity Trading | N/A | Rs 20 per order |
| Other / DP Charges | Extensive full-service charges | Pledge charges apply |
| Account Opening Time | 24 Hours | 10 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | SBI Securities | Dhan |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ✅ Available |
| Advisory & Tips | ✅ Yes | ✅ Yes |
| Trading API Access | ❌ No | ✅ Free API |
| Advanced Charts | ❌ No | ✅ Yes |
| Web Interface | Modern, fast, browser-based trading platform with TradingView charts. | Industry-first direct TradingView integration via webhooks. |
| 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. |
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- ❌ Outdated legacy technology
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
❓ FAQs: SBI Securities vs Dhan
Which is cheaper between SBI Securities and Dhan?
SBI Securities charges 0.50% for delivery trades and 0.05% for intraday, with an AMC of Rs 750 / year. Meanwhile, Dhan charges Rs 0 for delivery and Rs 20 or 0.03% for intraday, with an AMC of Free. In terms of onboarding costs, SBI Securities is Rs 850 (approx) compared to Dhan's Free.
Who has a better mobile app: SBI Securities or Dhan?
SBI Securities's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, Dhan'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 SBI Securities safer to use than Dhan?
Both SBI Securities and Dhan are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, SBI Securities has a rating of 8.0/10, reflecting their complaint ratio and client size, while Dhan has a rating of 9.6/10.