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After thoroughly reviewing the available information on Dhan, I was unable to find any detailed disclosure regarding commissions per lot for ECN or raw spread accounts. In my experience, brokers that genuinely offer ECN-style forex trading or raw spread accounts typically present transparent details on commission structures, but Dhan does not display this critical information. Instead, Dhan focuses on providing access to a range of instruments such as stocks, options, futures, commodities, currencies, ETFs, and mutual funds—primarily via proprietary trading platforms rather than established software like MT4 or MT5. Importantly, Dhan is not a regulated broker and there is a concerning absence of regulatory oversight, which elevates the overall risk profile for traders like me who prioritize capital safety and the assurance that comes with external supervision. Furthermore, Dhan does not promote forex or indices trading nor does it mention classic ECN account types, suggesting its primary focus lies in equities and derivative segments rather than the typical forex ECN model. Given the lack of regulation, the absence of clarity on commission rates, and the focus on asset classes other than traditional forex ECN offerings, I am very cautious when considering Dhan for any trading that requires fee transparency. For me, clear information on commissions is non-negotiable, especially when exploring new or unregulated platforms. I would not proceed without explicit details, and I advise any trader to verify such costs directly with the broker before committing funds.