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HDFC Securities Vs Fyers (Compare HDFC Securities and Fyers)

HDFC Securities Ltd Logo

About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust... Know more about HDFC Securities Ltd

Fyers Securities Ltd Logo

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company. The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in India... Know more about Fyers Securities Ltd

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HDFC Securities Vs Fyers

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.

  HDFC Securities Fyers
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2002 2015
Number of Branches 270 2
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HDFC Securities Vs Fyers Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Fyers account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).

  HDFC Securities Fyers
Trading Account Opening Charges Rs 999 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free AMC for Lifetime)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 750 Rs 0 (Free AMC for Lifetime)

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HDFC Securities Vs Fyers Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is 0.03% or Rs 20, whichever is lower.

Account Type HDFC Securities Lite 199 Yearly Subscription Plan Fyers Flat Fee Brokerage Plan
Fixed Charges Rs 199 per year NA
Equity Delivery 0.32% Rs 0 (Free)
Equity Intraday 0.032% 0.03% or Rs 20, whichever is lower
Equity Futures Rs 20 per trade 0.03% or Rs 20, whichever is lower
Equity Options Rs 20 per trade Rs 20 per executed order
Currency Futures 0.03% or Rs 20, whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures 0.03% or Rs 20, whichever is lower
Commodity Options Rs 20 per executed order
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

HDFC Securities Vs Fyers Brokerage Plan 2

  HDFC Securities Fyers
Account Type Alpha 1,999 Flat Fee Brokerage Plan
Fixed Charges Rs 1999 per year NA
Equity Delivery 0.18% Rs 0 (Free)
Equity Intraday 0.018% 0.03% or Rs 20, whichever is lower
Equity Futures Rs 20 per trade 0.03% or Rs 20, whichever is lower
Equity Options Rs 20 per trade Rs 20 per executed order
Currency Futures 0.03% or Rs 20, whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures 0.03% or Rs 20, whichever is lower
Commodity Options Rs 20 per executed order
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HDFC Securities Vs Fyers Brokerage Plan 3

  HDFC Securities Fyers
Account Type Alpha 4999 Yearly Subscription Plan Flat Fee Brokerage Plan
Fixed Charges Rs 4,999 per year NA
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday 0.010% 0.03% or Rs 20, whichever is lower
Equity Futures Rs 20 per trade 0.03% or Rs 20, whichever is lower
Equity Options Rs 20 per trade Rs 20 per executed order
Currency Futures 0.03% or Rs 20, whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures 0.03% or Rs 20, whichever is lower
Commodity Options Rs 20 per executed order
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HDFC Securities Charges Vs Fyers

Minimum Brokerage Rs. 25 per order on equity segment Intra-day: 0.03% or Rs 20, whichever is lower
Other Charges Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery)
Call & Trade Charges Rs 0 Rs 50 per trade

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HDFC Securities Vs Fyers Transaction Charges

HDFC Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Fyers exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

  HDFC Securities Fyers
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity NA NA
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HDFC Securities Vs Fyers Leverage (Margin)

HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  HDFC Securities Fyers
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare HDFC Securities and Fyers Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.

  HDFC Securities Fyers
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify Fyers App, Fyers Web, Fyers Next
Intraday Square-off Time 3:30 PM 3:15 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features E-Margin, ENCASH, API Trading, Algo Trading and Insta Options is available, which is designed for options traders.
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HDFC Securities Vs Fyers Review

HDFC Securities is rated 2.1 of 5 based on 230 customer reviews whereas Fyers is rated 2.9 of 5 based on 36 customer reviews.

  HDFC Securities Fyers
  230 Customer Reviews    Rate HDFC Securities 36 Customer Reviews    Rate Fyers
Fees 2.1 3.4
Brokerage 1.8 3.5
Trading Platform 2.8 3.1
Customer Service 2.5 2.9
Research Capabilities 2.6 2.3
Overall Ratings Rated 2.1 stars Rated 2.9 stars
Broker Rating HDFC Securities is rated 2.1 of 5 based on 230 customer reviews Fyers is rated 2.9 of 5 based on 36 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Fyers Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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HDFC Securities Vs Fyers Investment Options

  HDFC Securities Fyers
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

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HDFC Securities Vs Fyers Order Type Offered

  HDFC Securities Fyers
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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HDFC Securities Vs Fyers Research Report

  HDFC Securities Fyers
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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HDFC Securities Vs Fyers Suitable For Investor Type

  HDFC Securities Fyers
Casual Investor Yes
Active Investor Yes
Trader Yes

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HDFC Securities Vs Fyers - Pros and Cons

  HDFC Securities Fyers
Pros
  • The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons
  • In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of Rs 25
  • Depository services are offered through another company (IL&FS). Higher demat charges.
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Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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