FindMyFX
← Broker directory

Broker profile

DH

Dhan Review: Is It Legit and Regulated?

Raise Securities Private Limited

IN Since 2012
AKA Raise Securities Private Limited

FindMyFX score

high risk

4.5/10

0 Score out of 10 10
Independent assessment Updated 2026-07-23

Contact & regulation

Official website
dhan.co
Address
Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai 400104, India
Contact
Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Goregaon West, Mumbai 400104, India
Primary license
SEBI · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Dhan legit and regulated?

FindMyFX has license records for Dhan, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Dhan is an Indian securities-broker brand owned by Raise Securities Private Limited. The NSE member record lists enabled Currency Futures trading-member and self-clearing segments.

Professional broker overview

FindMyFX editorial summary

Dhan operates through Raise Securities Private Limited, an NSE member with SEBI registration INZ000006031. Its forex-related scope in the inspected official record is exchange-listed currency futures rather than an OTC leveraged-forex account. The official sources provide strong entity and membership data but do not publish a single retail FX spread or leverage figure.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: This draft treats exchange-listed currency derivatives as forex-related brokerage and does not establish an OTC FX or CFD offering.

Operational status
active
Broker type
unknown
Execution model
Exchange order-routing and clearing member for enabled NSE segments.
Support hours
Not verified

Documented advantages

  • NSE lists the Currency Futures trading-member and self-clearing segments as enabled.
  • The official member record provides current entity, registration and office details.

Documented limitations

  • The inspected official material supports exchange-listed currency futures, not an OTC forex or CFD account.
  • No single retail FX spread or maximum leverage was found in the inspected sources.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Raise Securities Private Limited

Primary
IN U74999MH2012PTC433549

Markets and instruments

Commodities

unverified

currency futures

unverified

Equity futures and options

unverified

Stocks

unverified

Licenses and regulators

SEBI

INZ000006031

unverified

Last verified: Not shown

Type: Stock broker registration
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Jurisdiction-specific offerings

IN · retail

unverified

Entity not linked · Leverage not shown

Compensation scheme not shown

Score components

Regulation and licenses

7.5/10 · 35%

Current NSE and broker records identify the entity and SEBI registration.

Security and track record

2.5/10 · 20%

A current exchange record is available, but this draft did not perform a full enforcement-history review.

Trading conditions

2.5/10 · 15%

Currency-futures access is verified, while retail FX pricing and leverage are not.

Company transparency

7.5/10 · 10%

Entity, office, exchange membership and platform links are published in official records.

Service quality

2.5/10 · 10%

Official contact channels exist, but no independent service-quality dataset was verified.

Verified user reviews

0.0/10 · 10%

No inspectable verified-user-review dataset was used.

Profile update history

Broker profile was published.

2026-07-22

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.