Why I Chose Dhan as My Dedicated Trading Platform 🚀

Product Feedback 🗣️
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Like many traders, my journey with multiple brokerage accounts started during the COVID years. Back then, I opened accounts with various platforms—Upstox, Paytm Money, Fyers, and Groww—alongside my primary investment account with Zerodha, which I’ve been using since 2014 for long-term equity investments and mutual fund SIPs. However, over time, I realized that having so many accounts was unnecessary and, honestly, a bit impractical.

Recently, I decided to simplify my trading and investing setup—keeping only two accounts:

  1. Zerodha for long-term investments (since my core portfolio is already there).
  2. Dhan for short-term trading & debt fund investments (because no other platform comes close).

Why I Chose Dhan Over Others?

When I opened my Dhan account three years ago, it was meant to be my dedicated platform for short-term trading. However, with career priorities and the end of WFH, I took a break from swing and options trading. In the past year, I primarily used Dhan just to park excess funds in debt funds.

But this week, after closing my other inactive accounts, I revisited Dhan Web after almost a year—and I was genuinely blown away by the improvements! :fire:

:pushpin: The Trading Journal – An absolute game-changer for tracking past trades and improving strategy.
:pushpin: ScanX – An incredibly powerful tool to screen stocks and generate trading ideas with ease.
:pushpin: Super Clean UI/UX – The platform is fast, smooth, and clutter-free, making trading a seamless experience.
:pushpin: Excellent Customer Support – Quick responses and genuine efforts from the team to help users.
:pushpin: Feature-Packed for Active Traders – From webhooks, TradingView strategies, web API, and instant fund transfers, Dhan is truly built for traders.

Looking Ahead :rocket:

While my long-term portfolio stays with Zerodha, I have no second thoughts about using Dhan for all my trading and short-term investments. The pace of innovation and the team’s dedication to improving the platform is commendable.

I might not be actively trading right now due to career priorities, but once I hit my goals this year, I’ll be back in action on Dhan!

Kudos to the Dhan team for building something truly special. Keep up the fantastic work! :clap::fire:

dhan trading Investing :moneybag: #SimplifyingFinance #BestTradingPlatform

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Thank you for your kind words @ravi_krishna.

Dhan is equally good for investments, many features and capabilities + many more coming your way. Until you get there, you can also track your stocks across all accounts on Dhan with Account Aggregator :slight_smile:

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I appreciate your perspective! Each trader/investor has unique preferences, and platform experiences can vary. Personally, for investing, I find Dhan and Zerodha’s UI/UX the best—clean, simple, and clutter-free. I prefer seeing my dashboard/portfolio upfront without unnecessary elements, whereas Groww’s landing page feels a bit noisy to me.

When it comes to trading, I felt all other platforms I used offered a better experience than Groww, especially in terms of order placement, navigation, and option chain design. But of course, preferences differ.

As for Zerodha, I wouldn’t say it’s ‘dead’—their revenues and profits have been consistently growing, and they hold a significant share of retail trading volumes. While Groww has a large active user base, many users primarily engage in SIPs or IPO applications, which aren’t the main revenue drivers. Growth in one broker doesn’t necessarily mean others are declining. Zerodha continues to thrive despite having a joining fee, proving its strong market presence.

At the end of the day, every platform has its strengths, and it all comes down to what works best for each individual. Dhan and Zerodha works best for me.

In my opinion, Zerodha is like HDFC (too big to fall), Dhan is like IDFC (potential to become next HDFC) and Groww is like Kotak 811 :smiley: (Many open because it is easy and free but most of them end up using HDFC or IDFC as their salary accounts)

One thing I really hate about Groww is their Loans section. Whenever I open Groww, it starts showing quick loan or Groww Pay (UPI) pop-ups which I feel irrelevant in a trading application.

Cheers! :slight_smile:

Note: Despite all the good work that the team has done so far, only one negative I see is lack of Mutual Funds Web version.

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:joy: . This comparison is very true.

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Do AngelOne charge you any Demat AMC Yearly fees ?

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Thank you for sharing the information. It seems you registered for a Demat account with AngelOne when the AMC was free and has been ongoing as free.

I checked their charges schedule on their website today and noticed they now charge an AMC of 240 INR every year. They also have a deal where you can pay about 2950 INR once for a lifetime AMC waiver, but I didn’t come across any more details on that.

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Early signups get to enjoy some nice benefits like this. That’s great for you.

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