Broker comparison
Dhan vs 5paisa (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Dhan and 5paisa from published official pricing and features — no affiliation with either broker.
- 1 – 0Cheaper on example trades (Dhan – 5paisa)
- 7 – 4Published features (of 9)
| Metric | Dhan | 5paisa |
|---|---|---|
| Delivery brokerage | ₹0 (free) | ₹20 per order (flat) |
| Intraday brokerage | ₹20 or 0.03% per order (whichever is lower) | ₹20 per order (flat) |
| F&O brokerage | ₹20 per order (flat) | ₹20 per order (flat) |
| AMC | ₹0 (individuals & HUFs) | ₹25 per month + GST (per official pricing; BSDA conditions apply) |
| Account opening | Free (online) | Free (online) |
| Trading API | DhanHQ API — Free trading API; Data API ₹499 + taxes per month | 5paisa Xstream API — Free (per official page) |
| Reported execution speed | 95% < 25 ms (DEXT, self-reported)self-reported | ≈ 85 ms (median) |
| Algo support | Yes - free DhanHQ API; native TradingView charts and order placement | Yes - via Xstream API |
| Platforms | Dhan app, Dhan web, TradingView integration, Options Trader app | 5paisa app, 5paisa web, FnO 360 |
| Best for (published) | Options traders and TradingView users who want modern tooling at flat-fee pricing. | Cost-conscious traders comfortable with a subscription add-on model. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
Cost face-off: what real trades cost
| Trade | Dhan | 5paisa | Cheaper |
|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹82.97 | ₹82.97 | Tie |
| Delivery: ₹50,000 buy & sell | ₹131.78 | ₹178.98 | Dhan (saves ₹47.2) |
| Options: premium ₹100 × 75 | ₹66.43 | ₹66.43 | Tie |
| Futures: ₹24,000 × 75 | ₹1,067.15 | ₹1,067.15 | Tie |
Illustrative quantities. Try your own trade in the compare-all brokerage calculator.
Feature check
| Feature | Dhan | 5paisa |
|---|---|---|
| Free delivery | ✓ | – |
| Zero AMC | ✓ | – |
| Free API | ✓ | ✓ |
| TradingView | ✓ | – |
| MCX commodity | ✓ | ✓ |
| Mutual funds | – | ✓ |
| IPO | ✓ | – |
| Research desk | – | – |
| Published speed | ✓ | ✓ |
What the published data shows
Dhan publishes free equity delivery; 5paisa does not (per official pricing at review). Both publish execution-speed figures (Dhan: 95% < 25 ms (DEXT, self-reported); 5paisa: ≈ 85 ms (median)) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Dhan full profile
- 5paisa full profile
- Dhan brokerage calculator
- 5paisa brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Dhan vs 5paisa: which has lower delivery brokerage?
At our last review, Dhan published delivery brokerage as "₹0 (free)" and 5paisa as "₹20 per order (flat)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Dhan or 5paisa have a trading API?
Both have documented APIs at review time: Dhan (DhanHQ API), 5paisa (5paisa Xstream API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Dhan or 5paisa?
Dhan publishes 95% < 25 ms (DEXT, self-reported); 5paisa publishes ≈ 85 ms (median). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
Is Dhan cheaper than 5paisa?
On our four example trades (intraday, delivery, options and futures), Dhan is cheaper on 1, 5paisa on 0, and 3 are tied. Statutory charges are identical, so any difference comes from brokerage.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Dhan - official website - https://dhan.co
- Dhan - official pricing - https://dhan.co/pricing/
- 5paisa - official website - https://www.5paisa.com
- 5paisa - official pricing - https://www.5paisa.com/pricing