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Side-by-Side Comparison Independent Updated Oct 26, 2026

Dhan vs Pepperstone 2026: Which Broker is Better?

Compare Dhan and Pepperstone side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Dhan

Pepperstone

VS
DhanPepperstone
BrokerRank Score3.1/54.1/5 ✓
Min. Deposit$0 ✓$200
Spread from0 pips0 pips
Max Leverage1:51:500 ✓
RegulationSEBIASIC, FCA, CySEC ✓
PlatformsDhan App, Dhan Web, TradingViewMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
DhanPepperstone
Best for Low Fees
DhanPepperstone
Best for Regulation
PepperstoneDhan
Best Overall
PepperstoneDhan
Quick Answer

Pepperstone is the better choice overall, scoring 4.1/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Dhan offers lower spreads (0 pips).

See full side-by-side comparison below

Dhan vs Pepperstone: Key Differences

Feature

Dhan

Pepperstone

Our Rating
3.1 / 5
4.1 / 5
Min. Deposit
$0
$200
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$3.5/lot
Regulated By
Platforms
Dhan App, Dhan Web, TradingView
MT4, MT5, TradingView, Proprietary Mobile
Markets
Stocks, Etf, Futures, Options
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Founded
2021
2010
Headquarters
Mumbai, India
Melbourne, Australia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Dhan

Lower fees

Pepperstone

Spread From
0 pips
0 pips
Commission
None
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Dhan scores 3.15/5 while Pepperstone scores 4.12/5 in our independent rating.

Pepperstone edges ahead overall, but Dhan may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Dhan

Dhan

3.1/5

Choose Dhan if you want…

  • No per-trade commission
  • No minimum deposit
Pepperstone

Pepperstone

4.1/5

Top pick

Choose Pepperstone if you want…

  • Higher overall rating (4.1/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.3
FCA
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4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Dhan & Pepperstone are available in

Frequently Asked Questions

1

Is Dhan better than Pepperstone?

Pepperstone scores higher overall on our independent rating system. Dhan holds a 3.1/5 rating vs Pepperstone's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Dhan or Pepperstone?

Dhan offers spreads from 0 pips, while Pepperstone starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Dhan vs Pepperstone?

Dhan requires a minimum deposit of $0. Pepperstone requires $200.

4

Which broker is safer, Dhan or Pepperstone?

Dhan is regulated by SEBI, while Pepperstone holds licences from ASIC, FCA, CySEC.

5

What trading platforms do Dhan and Pepperstone support?

Dhan supports Dhan App, Dhan Web, TradingView. Pepperstone supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Dhan and Pepperstone?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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