Updated for 2026

Dhan App Referral Code UNCHE93590 – Free Demat Account Signup

Use the verified Dhan referral code to open a FREE demat account and get exclusive access to premium trading features with zero AMC.

  • Zero Account Opening Fee
  • Zero AMC for Lifetime
  • Fast & Reliable Trading Platform
Open Free Dhan Account (Use Referral Code)

Verified Dhan Referral Code

UNCHE93590
Open Free Dhan Account
✔ Takes less than 10 minutes✔ Secure KYC✔ Zero AMC

Why I Recommend Dhan App

After using multiple brokers like Zerodha and Groww, here is why I switched to Dhan.

Lightning Fast Interface

Dhan is built for speed. Whether you are scalping or investing, the execution is instantaneous with no lag.

📉

TradingView Integration

Trade directly from TradingView charts. Access premium indicators and tools for free within the Dhan platform.

💰

Zero Brokerage

Enjoy zero brokerage on Equity Delivery and affordable flat ₹20 for Intraday and F&O trades.

📱

Best Mobile App

The mobile app experience is superior to competitors. Clean UI, dark mode, and easy navigation.

👩‍💻

API Access

Free DhanHQ Superfast Trading APIs for algorithmic traders to build their own trading systems.

🤝

Dedicated Support

Unlike other discount brokers, Dhan creates user-first products and offers responsive customer support.

How to Use Dhan App Referral Code

Follow these simple steps. Account activation usually takes 24 hours.

1

Click the Referral Link

Start by clicking the button below or using the link join.dhan.co.

2

Enter Mobile Number

Sign up using your mobile number and verify via OTP.

3

Enter Referral Code

In the referral code section, make sure to enter:

UNCHE93590Copy

*This is crucial to get the account benefits.

4

Complete KYC

Upload your PAN and Aadhar details. The process is 100% digital and takes less than 10 minutes. Accounts are typically active within 24 hours.

Dhan App Review: Good & Bad

Transparency is key. Here is what I love and what could be improved.

👍 Pros (Why to Buy)

  • Zero Brokerage on Delivery trades and low ₹20 for others.
  • Free API Access which is usually chargeable in other brokers.
  • TradingView Charts deeply integrated for advanced analysis.
  • Instant Payouts – Withdraw money to your bank in minutes.
  • Features for Her – 50% brokerage off for women traders (Time-limited).

👎 Cons (Deal Breakers?)

  • No Mutual Funds (Yet) – Primarily focused on Stocks & F&O.
  • Newer Player – Not as old as Zerodha, but growing faster.
  • Advanced UI – Might feel overwhelming for absolute beginners initially.
Open Free Dhan Account Now

Dhan vs Competitors

See how Dhan stacks up against other brokers like Zerodha and Groww.

FeatureDhanZerodhaGroww
Account OpeningFREE₹200FREE
AMC (Maintenance)Zero (Lifetime)₹300/yrZero
Equity Delivery₹0₹0₹20 or 0.05%
Mobile App UIFast & ModernCleanSimple
TradingViewIntegrated (Free)BasicBasic
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Frequently Asked Questions

The active Dhan App referral code is **UNCHE93590**. Using this code during signup gives you a free demat account, zero AMC for life, and access to premium trading features.
Yes, Dhan is a SEBI-registered stock broker and a Depository Participant (CDSL). It follows all regulatory guidelines and uses bank-grade security for your data and funds.
It is not mandatory, but using the code **UNCHE93590** ensures you are eligible for any ongoing account opening offers and confirming your account underneath a trusted partner.
If there is an active referral bonus (like brokerage cashback), it is usually credited within 7-10 working days after your first successful trade.
Absolutely. While it has pro features, the interface is intuitive. Beginners can start with the simple investing mode and switch to trader mode as they learn.
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