Dhan – A Deep Dive into India’s Fast-Growing Trading & Investing App
What is Dhan?
Dhan is a stock-trading and investment platform in India, developed by Raise Financial Services (formerly Moneylicious Securities) and regulated as a broker/depository participant under India’s securities laws.
It offers a mobile app (and web version) where users can open a free Demat & trading account, invest in stocks, ETFs, mutual funds, trade futures & options (F&O), and use advanced tools for analysis and trading. Also Download Happy Teen Patti
Key Features
Here are some of the standout features of Dhan:
Free Account & Low Fees
Zero AMC for Demat account and free trading account setup.
Equity delivery trades at ₹0 brokerage.
Wide Coverage of Instruments
Stocks and ETFs: thousands of stocks listed on NSE & BSE.
Mutual funds: direct mutual fund investing available.
Futures & Options: Full-blown derivatives segment including option chains, Greek metrics etc.
Advanced Trading Tools
Charting with integration of TradingView for technical analysis.
Margin trading facility (MTF), allowing more exposure for intraday/trading segments.
Dedicated interface/features for options traders (for strategy building etc).
User Experience & Onboarding
Easy onboarding – account opening claimed to take “in minutes.”
Mobile-first interface with watchlists, trade execution, portfolio tracking.
Community / social features around trading/investing (“MadeForTrade” community mentioned).
Benefits — Why It Might be a Good Choice
Versatility: Whether you’re a beginner investor in mutual funds or an experienced trader in F&O, Dhan provides one platform covering many use-cases.
Low cost for delivery investing: Zero brokerage (delivery) is an advantage if you’re buy-and-hold orientated.
Advanced tools for traders: If you trade actively (intraday, options, margin), the features (charts, Greek analytics, margin) can help.
Frequent updates & innovation: The app appears to be adding new features (for example charts + trading tools) and likely appeals to tech-savvy users.
Considerations / Things to Watch
Trading risk: As with any investment/trading platform, your success depends on your skill, strategy, risk management. Tools don’t guarantee profit.
Execution & stability: Some user reviews note occasional issues with price delays or platform hiccups at market open.
Support & learning curve: For advanced tools (options, margin, derivatives), there may be a steeper learning curve compared to simpler investing apps.
Check fees & margins: While delivery trades are free, intraday/futures/options will incur charges, interest etc — always understand the cost structure.
Eligibility & margin risk: Using margin/more leverage increases risk; pledging stocks and trading derivatives demands caution.
Who Should Use Dhan?
Long-term investors: If you’re looking to buy shares and hold, Dhan’s zero delivery brokerage may appeal.
Active traders: If you trade intraday, futures & options, and require advanced tools, Dhan is geared toward you.
Intermediate to advanced users: While beginners can use the app, those familiar with concepts like margin, options Greeks, and trade journals will get more from it.
Tech-savvy investors: If you like charting, analytics, fast execution, and mobile-first platforms, Dhan fits.
Final Verdict
Dhan is a compelling player in the Indian trading/investing app space. It brings together user-friendly features for investors with advanced tools for traders. If you align your risk profile and investment style accordingly, it offers a worthy option. Just remember: choose the right features, understand your costs and risks, and avoid treating tools as shortcuts to success.
If you like, I can also compare Dhan with two other popular Indian trading platforms (e.g., Zerodha & Groww) to highlight differences and help decide the best one for you.
