Dhan, operated by Raise Securities Private Limited, secured the 4th position among India’s top 50 stock brokers by net client additions in May 2026, adding 10,035 active clients. This performance placed the platform second in net additions among the top 10 brokers by active client base, trailing only Groww. Dhan maintained its 9th rank overall with 10,61,986 active clients, sustaining the milestone it crossed in April 2026 with 10,51,951 active clients.

The platform's growth contrasted with trends at several established brokerages. Major players including Zerodha, AngelOne, Upstox, Kotak Securities, HDFC Securities, SBIcap Securities, and Motilal Oswal Financial Services reported declines in their active client counts during the same period. Dhan ranked ahead of ICICI Securities, which added 8,210 active clients, and followed Groww, Aaritya Broking, and Nu Investors Technologies in net additions.

Market landscape and peer performance

Groww continued to lead the market with 1,30,59,756 active clients, followed by Zerodha with 68,47,049 and AngelOne with 66,84,223. Dhan held the 9th spot, staying ahead of Motilal Oswal Financial Services, Paytm Money, and Sharekhan.

Strategic positioning and technology

Launched in 2021, Dhan has focused on active traders and serious investors to drive its rapid ascent in the broking sector. The platform offers equities, ETFs, futures, options, and commodities, integrated with TradingView, screeners, and smallcases. Its in-house DEXT trade-processing system is designed for fast order execution and low latency, catering to users prioritizing speed and reliability. This trading-focused approach differentiates Dhan from mass retail platforms and bank-backed brokers that rely on advisory services and banking integration.

Dhan’s momentum in May 2026 highlights its ability to gain market share through a technology-led strategy. With 10,035 net additions and a top 10 active client rank, the platform continues to expand its footprint in a competitive landscape.

Dhan has launched US stocks trading, enabling Indian retail investors to access over 10,000 US stocks and ETFs, including major companies like Apple, Tesla, NVIDIA, and Microsoft. The platform introduces fractional investing starting from $1, making international markets more accessible. The service is fully regulated via IFSCA GIFT City and complies with the RBI's Liberalized Remittance Scheme (LRS) limit of $250,000 per year, ensuring a secure and compliant investment environment.

The platform offers a flat 0.25% brokerage on trades, along with free withdrawals. Investors can utilize daily, weekly, or monthly Systematic Investment Plans (SIPs) to build their portfolios gradually. Additionally, Dhan provides special order types such as After Market Orders (AMO) and Super Orders, enhancing trading flexibility.

Key Features

The launch aligns with Dhan's focus on providing investor-friendly tools and competitive pricing for Indian investors looking to diversify into global markets.