[ Broker Comparison · 2026 ]

Dhan vs Sahi

A side-by-side comparison of charges, brokerage, segments and ratings — with a free calculator to see which broker is cheaper on a trade of your size.

Bottom line

Both offer free equity delivery, and both charge ₹20 / order (flat) on F&O. Choose Dhan for active f&o and options traders who want speed and charting. Choose Sahi for new investors wanting a simple, zero-cost app.

Reviewed by the OptionX Research Team·Last updated June 2026

Charges are compiled from each broker's official published rate card and the prevailing NSE / SEBI statutory rates. Figures are indicative and reviewed periodically — always confirm current charges on the broker's own website before opening an account.

Dhan logoEst. 2021 · Mumbai
4.0/ 5

Built for active options traders — speed, TradingView charts, free delivery.

Best for: Active F&O and options traders who want speed and charting.
Sahi logoEst. 2024 · Mumbai
3.5/ 5

New-age zero-brokerage app — free delivery and a clean, beginner-first design.

Best for: New investors wanting a simple, zero-cost app.

Dhan vs Sahi — Charges & Features

ParameterDhan logoSahi logo
Rating4.0/ 53.5/ 5
Account opening₹0 (free)₹0 (free)
Maintenance (AMC)₹0 (free)₹0 (free)
Equity delivery₹0 (free)₹0 (free)
Equity intraday₹20 or 0.03% (lower)₹20 / order (flat)
Futures₹20 or 0.03% (lower)₹20 / order (flat)
Options₹20 / order (flat)₹20 / order (flat)
DP charges₹12.5 + GST per scrip (sell)₹13.5 + GST per scrip (sell)
Margin (intraday)Up to 5× intraday (MIS)Up to 5× intraday (MIS)
Active clients~10 lakhNew & growing
Founded20212024
HeadquartersMumbaiMumbai
SegmentsEquity, F&O, Currency, Commodity, Mutual Funds, IPOEquity, F&O, Mutual Funds, IPO
PlatformsDhan App, Dhan Web, TradingViewSahi App, Sahi Web

Charges are indicative, compiled from each broker's published rate card (reviewed June 2026), and exclude statutory taxes. Verify current rates on the broker's website.

Brokerage Cost Calculator

Dhan logoLower cost
Brokerage
₹0.00
STT
₹201.00
Exchange txn
₹5.97
GST
₹3.36
SEBI
₹0.20
Stamp duty
₹15.00
DP charges
₹12.50
Total charges₹238.03
Net P&L after charges+₹762
Breakeven move₹2.38/share
Sahi logo
Brokerage
₹0.00
STT
₹201.00
Exchange txn
₹5.97
GST
₹3.54
SEBI
₹0.20
Stamp duty
₹15.00
DP charges
₹13.50
Total charges₹239.21
Net P&L after charges+₹761
Breakeven move₹2.39/share

On this delivery trade, Dhan is cheaper by ₹1.18 in total charges.

Estimate based on NSE statutory rates (STT, exchange, SEBI, stamp duty & 18% GST) plus each broker's published brokerage. DP charges apply on delivery sells. Actual contract-note charges may vary slightly.

Pros & Cons

Dhan logo
  • Free equity delivery & zero AMC
  • Purpose-built for fast options trading
  • Native TradingView charts
  • Free APIs & advanced order types
  • Newer broker, smaller track record
  • Smaller community & content base
  • Premium tools behind some plans
Sahi logo
  • Zero account opening & zero AMC
  • Free equity delivery
  • Clean, beginner-first interface
  • Fast paperless onboarding
  • Very new — limited track record
  • Smaller user base & community
  • Fewer advanced tools and segments

FAQs

Dhan vs Sahi — FAQs

For information only — not investment advice or a recommendation of any broker. OptionX is broker-neutral. Charges are indicative; confirm current rates with the broker before opening an account.

Broker-neutral · Free terminal

Whichever Broker You Choose, Trade Smarter on OptionX

Keep your existing broker — OptionX plugs into Zerodha, Upstox, Dhan, Angel One and 20+ others, adding a live options chain with OI heatmaps, single-click execution and ₹5 Cr of paper-trading funds. All free.