Dhan₹20 per order (also on expired, exercised or assigned contracts) on options · delivery ₹0
- Options brokerage
- ₹20 per order (also on expired, exercised or assigned contracts)
- Account opening
- ₹0
- Demat AMC
- ₹0
Broker comparison
Dhan vs.
FYERS
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on Thu, 5 Nov, 2026
See comparisonDhan
FYERSVS
Summary
Your goal decides
Both charge ₹20 per options order, and statutory charges such as STT are the same at both, so the choice comes down to delivery charges, AMC, platform and tools. Dhan: Built around active F&O traders, with trading tools in the app. FYERS: Discount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
DhanBuilt around active F&O traders, with trading tools in the app.
FYERSDiscount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
At a glance
The key differences
| Criterion | Dhan | FYERS |
|---|---|---|
| Platforms | Dhan App, Dhan Web | FYERS app and web, TradingView on FYERS, FYERS API |
| Product types | Indian Stocks, F&O, Commodities, Mutual Funds | Indian Stocks, F&O, Commodities |
| Options trading | Yes: NSE and BSE index and stock options | Yes: NSE and BSE index and stock options |
| Fee model | ₹20 per order (also on expired, exercised or assigned contracts) on options · delivery ₹0 | ₹20 per executed order on options · delivery ₹20 or 0.3%, whichever is lower |
| Account opening | ₹0 | ₹0 |
| Demat AMC | ₹0 | ₹0 |
| Regulation | SEBI INZ000006031 | SEBI INZ000008524 |
| More information | Details | Details |
Platforms
Dhan
Dhan App, Dhan Web
FYERS
FYERS app and web, TradingView on FYERS, FYERS API
Product types
Dhan
Indian Stocks, F&O, Commodities, Mutual Funds
FYERS
Indian Stocks, F&O, Commodities
Options trading
Dhan
Yes: NSE and BSE index and stock options
FYERS
Yes: NSE and BSE index and stock options
Fee model
Dhan
₹20 per order (also on expired, exercised or assigned contracts) on options · delivery ₹0
FYERS
₹20 per executed order on options · delivery ₹20 or 0.3%, whichever is lower
Account opening
Dhan
₹0
FYERS
₹0
Demat AMC
Dhan
₹0
FYERS
₹0
Regulation
Dhan
SEBI INZ000006031
FYERS
SEBI INZ000008524
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
DhanFYERS₹20 per executed order on options · delivery ₹20 or 0.3%, whichever is lower
- Options brokerage
- ₹20 per executed order
- Account opening
- ₹0
- Demat AMC
- ₹0
The relevant costs depend on market, currency, order size and trading style.
Real costs
What 20 options trades a month cost
Dhan
- Brokerage per order
- ₹20
- All charges, 20 round trips
- ₹1,252
- Per year
- ₹15,027
FYERS
- Brokerage per order
- ₹20
- All charges, 20 round trips
- ₹1,252
- Per year
- ₹15,027
Illustrative: one Nifty lot (65) bought and sold at ₹100, 20 times a month, including STT, exchange charges, SEBI fee, stamp duty and GST. Use your own numbers.
Execution quality
Order type, venue and liquidity affect execution.
DhanCheck the provider’s execution policy and available order types for your account.
Provider informationFYERSCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
DhanIndian StocksF&OCommoditiesMutual Funds
FYERSIndian StocksF&OCommodities
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
DhanDhan App · Dhan Web
Options Trader app and web with an option chain from which orders can be placed directly. Free custom strategy builder with payoff graphs, strategy Greeks, breakevens and saved strategies, plus pre-built strategies such as straddles and strangles. Basket orders for executing several strikes or strategies in one go. Forever Orders, including OCO, that stay active until the trigger price is hit. DhanHQ trading APIs are free for Dhan users and cover orders, Forever Orders, basket orders, positions and option chain data.
Explore platformFYERSFYERS app and web, TradingView on FYERS, FYERS API
Discount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
DhanBuilt around active F&O traders, with trading tools in the app.
- No AMC and free delivery
- Tools aimed at F&O traders
- ₹20 also charged on expiry, exercise or assignment
FYERSDiscount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
- No AMC on the trading and demat account
- Strategy builder and option chain on its own platform
- Delivery trades are not free
- An optional paid Prime membership changes the per-order rate
Your questions
Frequently asked questions
Is Dhan or FYERS cheaper for options trading?
Both charge ₹20 per options order. STT and other statutory charges are the same at every broker; differences are in delivery charges, AMC and tools.
Are Dhan and FYERS regulated?
Both are SEBI-registered stock brokers and members of NSE and BSE.
Can I have accounts with both Dhan and FYERS?
Yes. You can hold demat and trading accounts with more than one broker; each charges its own AMC.
Does the broker change STT or exchange charges?
No. STT (0.15% of premium on the sell side), exchange charges, the SEBI fee and stamp duty are the same at every broker. Only brokerage and account charges differ.
Your next step
Your next step
DhanBuilt around active F&O traders, with trading tools in the app.
Open accountRead reviewFYERSDiscount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
Open account