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Side-by-Side Comparison Independent Updated Oct 29, 2026

ICICI Direct vs Dhan 2026: Which Broker is Better?

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

ICICI Direct

Dhan

ICICI DirectDhan
BrokerRank Score3.1/53.1/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:51:5
RegulationSEBISEBI
PlatformsProprietary Web, Proprietary MobileDhan App, Dhan Web, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
ICICI DirectDhan
Best for Low Fees
ICICI DirectDhan
Best for Regulation
ICICI DirectDhan
Quick Answer

ICICI Direct (3.1/5) and Dhan (3.1/5) are closely matched. ICICI Direct has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

ICICI Direct vs Dhan: Key Differences

Feature

ICICI Direct

Dhan

Winner
Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.55/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Dhan App, Dhan Web, TradingView
Markets
Stocks, Indices, Commodities
Stocks, Etf, Futures, Options
Founded
2000
2021
Headquarters
Mumbai, India
Mumbai, India
Score
0 / 1
1 / 1

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Fees Comparison

Fee

ICICI Direct

Dhan

Lower fees
Spread From
0 pips
0 pips
Commission
$0.55/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

ICICI Direct scores 3.15/5 while Dhan scores 3.15/5 in our independent rating.

Both brokers score equally — the best choice depends on your individual trading priorities. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

ICICI Direct

ICICI Direct

3.1/5

Choose ICICI Direct if you want…

  • More established (est. 2000)
Dhan

Dhan

3.1/5

Choose Dhan if you want…

  • No per-trade commission
  • More market types (4)
  • More platforms (3 supported)

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Both ICICI Direct & Dhan are available in

Frequently Asked Questions

1

Is ICICI Direct better than Dhan?

ICICI Direct (3.1/5) and Dhan (3.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, ICICI Direct or Dhan?

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

3

What is the minimum deposit for ICICI Direct vs Dhan?

ICICI Direct requires a minimum deposit of $0. Dhan requires $0.

4

Which broker is safer, ICICI Direct or Dhan?

ICICI Direct is regulated by SEBI, while Dhan holds licences from SEBI.

5

What trading platforms do ICICI Direct and Dhan support?

ICICI Direct supports Proprietary Web, Proprietary Mobile. Dhan supports Dhan App, Dhan Web, TradingView.

6

Can I use both ICICI Direct and Dhan?

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

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