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Vladimir
Within 1 year

What are the main differences between the various account types offered by Dhan?

Broker Issues
Dhan
Leverage
Account
Platform
Instruments
05-11
United States
WikiFX
Reply

Based on my careful review and the data available, Dhan does not follow the typical forex broker model of offering multiple, differentiated account types such as standard, ECN, or professional accounts. Instead, Dhan provides access to a wide range of Indian financial instruments—stocks, options, futures, commodities, currencies, ETFs, and mutual funds—primarily through self-developed trading platforms like Dhan App, Dhan Web, and integration with TradingView. I did not find any evidence of tailored account types with varying features like differing spreads, leverage, or margin requirements. For me as an experienced trader, the absence of tiered accounts is notable and could limit flexibility for those seeking specific features such as higher leverage or advanced trading tools found in specialized account types. It's also critical to point out that Dhan is unregulated, which raises significant safety concerns regardless of account structure. Furthermore, there is no demo account available, restricting my ability to test their services risk-free. Additionally, industry-standard platforms like MT4 or MT5 are not supported, which inevitably impedes more complex forex trading strategies. In summary, Dhan's offering is straightforward—one general account for all, without the nuanced choices many other platforms provide. For traders who value regulatory protection or advanced account options, this is a significant consideration.

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