Dhan Referral Code (2026): HCOKF60465 — Free TradingView & 20% Sharing

Dhan referral code is HCOKF60465. Enter this verified Dhan invite code during account registration to open a 100% free Demat account with zero account opening charges, ₹0 lifetime AMC, free equity delivery investing, and free native access to TradingView Pro charts. You can also join the Dhan Refer and Earn program to earn a flat 20% lifetime brokerage sharing on all trades executed by your invited network.

Dhan Referral Code & Demat Overview

Below is a complete overview of the Dhan referral code benefits, brokerage fee schedule, and trading features for 2026:

Why Traders Prefer Dhan: Killer TradingView Features

Dhan has rapidly emerged as the favorite broking platform for active derivatives and intraday traders in India thanks to its industry-leading technology:

• Direct Trading on TradingView (tv.dhan.co): Execute buy and sell orders directly on custom TradingView charts without switching tabs. You get access to multi-chart layouts (up to 8 charts per tab) for free without paying for a TradingView premium subscription.
• Custom Webhook Alert Orders: Automate your trading strategies by connecting Pine Script indicators and TradingView webhooks directly to Dhan’s order execution engine.
• Dedicated Options Trader App: Access free pre-built options strategies, payoff graphs, live Option Chain Greeks, and 1-click multi-leg execution.
• ₹0 AMC for Lifetime: No hidden depository fees or annual maintenance penalties.

Documents Required to Open Dhan Demat Account

Dhan account opening is 100% paperless through Digilocker. Ensure you have the following ready:

1. PAN Card: Required for investor identity authentication.
2. Aadhaar Card: Linked with your mobile number for instant UIDAI eSign.
3. Bank Details: Bank account number and IFSC code for UPI penny-drop verification.
4. Income Proof (Optional): Required only if activating F&O trading (Bank statement for last 6 months or latest salary slip).

How to Apply Dhan Referral Code (Step-by-Step Guide)

Follow this step-by-step onboarding walkthrough to create your Dhan Demat account and apply the Dhan referral code properly:

Step 1: Download the Dhan app from the Google Play Store or open the official Dhan Signup Link.

Step 2: Enter your 10-digit mobile number and verify it with the OTP received via SMS.

Step 3: Enter your email address and authenticate with the email verification code.

Step 4: On the referral code screen, enter the Dhan referral code HCOKF60465 to link your account to referral benefits and click Proceed.

Step 5: Set a secure 6-digit PIN and enable biometric fingerprint login for account security.

Step 6: Enter your PAN Card number and Date of Birth to verify your KYC status.

Step 7: Connect via Digilocker to verify your Aadhaar card and address details automatically.

Step 8: Take a quick selfie for In-Person Verification (IPV) and provide your linked bank account number and IFSC code.

Step 9: Complete the final digital eSign on the NSDL portal by entering your Aadhaar OTP.

Your Dhan Demat account is now submitted! Accounts are usually verified and activated within 2 to 4 hours.

Dhan Brokerage Charges & Pricing Schedule

Dhan maintains one of the cleanest, most transparent pricing structures in the Indian broking ecosystem:

Explore our master guide on Demat account refer and earn and our curated list of best refer and earn apps in India for additional high-income opportunities.

Dhan Refer & Earn: 20% Lifetime Brokerage Sharing

The Dhan Refer and Earn model offers pure passive income for traders and creators:

• Flat 20% Lifetime Commission: Whenever a trader registers using your Dhan referral code and executes a trade, Dhan shares 20% of the brokerage fees they generate directly with you for life.
• No Expiration: As long as your referred trader continues trading on Dhan, your monthly 20% brokerage reward continues to accumulate.
• Direct Ledger Transfer: Referral earnings can be transferred directly to your verified bank account via instant IMPS without extra fees.

Dhan vs Angel One vs Upstox vs 5paisa

Here is an objective feature comparison of Dhan against India’s leading discount stock brokers:

Is Dhan Safe & Regulated?

Yes, Dhan (Raise Financial Services / Moneylicious Securities Pvt. Ltd.) is 100% legitimate, safe, and regulated. Dhan is licensed by SEBI under Registration Number INZ000006031 and operates as an authorized trading member of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Multi Commodity Exchange (MCX). Investor securities are deposited safely in CDSL Demat accounts.

Statutory SEBI Risk Disclosure on Derivatives Trading

Per SEBI regulatory study: 9 out of 10 individual traders in equity Futures and Options (F&O) segment incurred net losses over FY 2021-22 to FY 2023-24, with an average loss of nearly ₹50,000 per trader. Over and above net trading losses, loss-makers expended an additional 28% of net trading losses in transaction costs. Trade derivatives with caution and proper risk management.

Frequently Asked Questions (FAQs)