Dhan vs Nuvama
Side by side comparison of active clients, charges, and regulatory track records.
Detailed head to head comparison
| Metric | Dhan | Nuvama |
|---|---|---|
| Broker Type | Discount | Full service |
| Active Clients | - | - |
| Market Share | - | - |
| Complaints per 10k clients | - | - |
| Complaint Resolution | - | - |
| Reliability Score | 83.3/100 | 94.1/100 |
| Delivery Brokerage | - | - |
| Intraday Brokerage | - | - |
| F&O Brokerage | - | - |
| Demat AMC / Year | - | - |
| Account Opening | Free | Free |
| Head Office | Mumbai | Mumbai |
| Founded | 2021 | 2008 |
| SEBI Registration | INZ000006031 | INZ000005231 |
| Segments | Equity delivery, Equity F&O, Currency, Commodity | Equity delivery, Equity F&O, Currency, Commodity |
| Defaulter List Status | No | No |
Frequently asked questions
How do brokerage charges compare between Dhan and Nuvama?
For equity delivery, Dhan offers - while Nuvama offers -. For intraday equity trades, Dhan charges - compared to Nuvama at -.
Which broker has more active clients, Dhan or Nuvama?
Dhan has - active clients (- market share) while Nuvama has - active clients (- market share) based on primary NSE disclosures.
What are the account opening and Demat AMC fees for Dhan vs Nuvama?
For Dhan, account opening is Free and annual Demat AMC is -. For Nuvama, account opening is Free and annual Demat AMC is -.
Is Dhan or Nuvama better for beginners?
Both Dhan and Nuvama are SEBI-registered intermediaries. Beginners often look for low delivery brokerage, intuitive mobile apps, and prompt customer support. Compare delivery charges (- vs -) and complaint rates (- vs -) to decide which matches your investment style.
Related comparisons
Source: SEBI recognised-intermediary register, NSE monthly active client disclosures, and official broker rate cards. Methodology · Sources & lineage · All comparisons