New check

Comparison

FYERS vs Dhan

FYERS lands on Depends, and Dhan lands on Worth it.

FYERS

Depends

Confidence: Medium

A strong fit for active Indian traders who want flat cheap brokerage, advanced charts, and algo APIs.

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Dhan

Worth it

Confidence: Medium

Buy if you are an India-based investor or active trader who wants flat ₹20 orders, fast execution, and broad market access.

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FYERS versus Dhan
Compare	FYERS	Dhan
Verdict	Depends	Worth it
Best for	Active F&O traders	Active intraday and F&O traders
Who it's not for	Buy-and-hold investors trading twice a year	Traders who need fast, issue-resolving support
Privacy	Active bug bounty with paid rewards; SEBI fined FYERS ₹4 lakh (2025) for peak-load/DR violations; no public breach found in sources reviewed.^⁴	No known public vulnerabilities found in the sources reviewed.
Support quality	No reliable support evidence found	Repeated unresolved-support complaints on forums
Public sentiment	Traders on Reddit and review sites generally praise FYERS' low costs and trading tools, with mixed opinions versus Zerodha and Dhan.^⁵	Traders praise Dhan's low costs and execution speed but complain about support resolution and occasional connectivity drops.¹⁶
Biggest gotcha	Cheaper rates require paid FYERS Prime subscription; standard plan is ₹20/order^²	Users report support emails get replies but issues stay unresolved.

Pick FYERS when

Active F&O traders
Algo and API traders
Cost-sensitive frequent traders
TradingView-style charting users

When FYERS is not a fit

Buy-and-hold investors trading twice a year
First-time investors wanting guided onboarding
Full-service advisory seekers wanting research calls
Mutual fund and SIP-first investors

Pick Dhan when

Active intraday and F&O traders
Cost-conscious long-term investors
Algo traders using APIs
Beginners wanting zero-AMC accounts

When Dhan is not a fit

Traders who need fast, issue-resolving support
Non-Indian residents . SEBI-regulated, India-only
Anyone relying on call-and-trade ordering
Users who cannot tolerate exchange connectivity drops

Sources

FYERS Pricing . Trading Charges & Brokerage Feesfyers.in
official
FYERS Prime Subscriptionfyers.in
official
FYERS Homepagefyers.in
official
SEBI fines broker FYERS Rs 4 lakh . Moneycontrolmoneycontrol.com
news
Fyers . Verified Reviews from Actual Traders (TradingView)tradingview.com
review
Fyers Stock Trading, Demat, Brokerage and Reviews (Chittorgarh)chittorgarh.com
review
Best broker for F&O in 2025? . Redditreddit.com
review
My Trading Broker Review . Redditreddit.com
review
FYERS Bug Bounty Programfyers.in
security
Bug . Refresh Token . Not validating appIdHash (FYERS Community)fyers.in
security
₹2.4 lakh critical bug reward . LinkedInlinkedin.com
security
Trader alleges losses from faulty FYERS system . LinkedInlinkedin.com
news
FYERS Securities Employee Reviews (AmbitionBox)ambitionbox.com
review
Dhan Pricing & Brokerage Chargesdhan.co
official
Dhan Review 2026 . Chittorgarhchittorgarh.com
review
Broker Review: Dhan (Moneylicious Securities)reddit.com
review