Dhan Referral Code: UNCHE93590 | Zero Brokerage Trading

If you’re searching for a working Dhan Referral Code, use UNCHE93590 to open your Dhan trading account and access one of India’s most powerful, trader-friendly stock market platforms.

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Dhan is not built for flashy ads or beginner gimmicks. It’s built for serious investors and active traders who care about:

speed
clarity
low costs
advanced tools

In this detailed guide, I’ll explain:

how the Dhan Referral Code: UNCHE93590 works
what benefits you actually get
Dhan’s brokerage structure (very important)
real strengths & limitations
who Dhan is best for
why many active traders shift from Zerodha/Upstox to Dhan

Let’s get into it.

Also Read: Jupiter App Referral Code: IdWy2g | Zero Balance Account Benefits

Table of Contents

⭐ What Is the Dhan Referral Code?

👉 Dhan Referral Code: UNCHE93590

Using this referral code while signing up:

ensures a smooth account opening
links your account under a valid referral
unlocks standard new-user benefits
gives you full access to Dhan’s pricing & features

There is no disadvantage to using a referral code.

🎁 Benefits of Using Dhan Referral Code: UNCHE93590

While Dhan doesn’t do flashy “₹500 signup bonus” marketing, the real value is in long-term savings.

Here’s what you actually gain:

✅ Zero Brokerage on Equity Delivery

This alone saves serious money for long-term investors.

✅ Flat, Transparent Pricing

No hidden conditions, no confusing slabs.

✅ Advanced Trading Tools (Free)

No paid add-ons like some competitors.

✅ Fast Order Execution

Critical for intraday & options traders.

✅ Clean, No-Noise Interface

Built for execution, not distraction.

🏦 What Is Dhan? (Clear Explanation)

Dhan is a SEBI-registered stockbroker offering:

equity delivery
intraday trading
futures & options
ETFs
commodities
currency derivatives

It’s built with a trader-first mindset, not just a beginner onboarding funnel.

Think of Dhan as:

“A professional-grade trading terminal, simplified for retail traders.”

💰 Dhan Brokerage Charges (Most Important Section)

This is where Dhan really stands out.

🔹 Equity Delivery

₹0 brokerage
Yes — completely free.

🔹 Equity Intraday

Flat ₹20 per order or lower (as per plan)

🔹 Futures & Options

Flat ₹20 per order

🔹 No Percentage-Based Brokerage

This matters a LOT for high-volume traders.

🔹 No Hidden Platform Fees

What you see is what you pay.

💡 Real insight:
If you trade actively in F&O, Dhan can save you thousands per month compared to percentage-based brokers.

⚙️ Dhan Trading Platform – Real Usage Review

🖥️ Web Platform

ultra-fast
professional layout
multi-chart view
deep market depth

📱 Mobile App

extremely stable
fast order placement
no unnecessary animations
designed for execution

🔍 What traders love:

minimal lag
no clutter
no upsell banners
no “gamified” nonsense

This is why serious traders stick to Dhan.

📊 Advanced Tools Dhan Offers (Free)

Most brokers charge extra for these. Dhan doesn’t.

✔ TradingView-like charts

✔ Option chain with Greeks

✔ Strategy builder

✔ Heatmaps

✔ Sector analysis

✔ Open interest analysis

✔ Basket orders

✔ API trading support

These tools matter far more than signup bonuses.

🧠 Why Many Traders Shift to Dhan (What Blogs Miss)

From my observation and market feedback:

🔹 Zerodha users move for better execution

🔹 Upstox users move for cleaner UI

🔹 Angel users move to avoid aggressive upselling

🔹 Pro traders move for API & speed

Dhan isn’t beginner-friendly by design — it’s trader-friendly by intention.

📲 How to Use Dhan Referral Code UNCHE93590

Step-by-step:

1️⃣ Visit referral link
👉 https://join.dhan.co/?invite=UNCHE93590

2️⃣ Enter mobile number

3️⃣ Referral code auto-applies (UNCHE93590)

4️⃣ Complete KYC (PAN + Aadhaar)

5️⃣ Add bank details

6️⃣ Account gets activated

You can start trading once approval is done.

🔐 Is Dhan Safe & Legit?

Yes, absolutely.

SEBI-registered broker
Regulated under Indian laws
Funds held with authorized banks
Two-factor authentication
Strong backend infrastructure

Dhan is trusted by serious retail & professional traders.

👤 Who Should Use Dhan?

Dhan is perfect for:

active traders
F&O traders
swing traders
long-term equity investors
people tired of cluttered apps
users who value speed & clarity

🚫 Who May Skip Dhan?

You may skip Dhan if:

you want beginner tutorials inside the app
you prefer heavy hand-holding
you trade very rarely

Dhan is for people who already know why they’re trading.

🔄 Dhan Refer & Earn Program

Once you open an account, you get your own referral link.

You earn when:

someone opens account using your link
they complete activation

Referral benefits vary by campaign.

📌 Dhan Referral Code – Quick Summary

Feature	Details
Referral Code	UNCHE93590
Equity Delivery	₹0 Brokerage
F&O Charges	Flat ₹20/order
Platform	Web + App
Tools	Advanced (Free)
API Trading	Yes
Safety	SEBI Registered

❓ FAQs – Dhan Referral Code

Q1. What is the Dhan Referral Code?

👉 UNCHE93590

Q2. Is Dhan really zero brokerage?

Yes, on equity delivery trades.

Q3. Is Dhan good for options trading?

Yes, one of the best for F&O.

Q4. Does Dhan charge AMC?

Charges are transparent and minimal.

Q5. Is Dhan better than Zerodha?

For active traders, many prefer Dhan’s execution & tools.

🏁 Conclusion: Is Dhan Worth It?

Using the Dhan Referral Code (UNCHE93590) makes sense if you want:

zero brokerage on delivery
flat pricing for F&O
serious trading tools
fast execution
no marketing noise

Dhan is not trying to impress beginners.
It’s built for people who actually trade.

If you’re serious about the stock market, Dhan is absolutely worth trying.