HDFC Securities Vs Alice Blue Share Broker Comparison
The side-by-side comparison of HDFC Securities Ltd and Alice Blue Financial Services stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and Alice Blue's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among HDFC Securities and Alice Blue.
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HDFC Securities Ltd |
Alice Blue Financial Services |
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| About the Broker |
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account wi...  |
Incorporated in 2006, Alice Blue is a Bangalore based financial service provider. AliceBlue is a discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) throu... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE |
BSE, NSE, MCX |
| Account Type
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Online Trading |
F20 |
| Broker Enquiry |
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Stock Broker Fees / Charges
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Trading Account Opening Fees
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₹999 |
Equity ₹310 | Commodity ₹120 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹750 |
₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Account Type |
Online Trading |
F20 |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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0.50% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.10% |
₹20 per executed order or 0.01 whichever lower |
| Equity Futures Brokerage
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0.05% |
₹20 per executed order or 0.01 whichever lower |
| Equity Options Brokerage
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₹100 per lot or 1% of the premium (whichever is higher) |
₹20 per executed order or 0.01 whichever lower |
| Currency Futures Trading Brokerage
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₹23 per contract |
₹20 per executed order or 0.01 whichever lower |
| Currency Options Trading Brokerage
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₹20 per contract |
₹20 per executed order or 0.01 whichever lower |
| Commodity Futures Trading Brokerage
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0.025% |
₹20 per executed order or 0.01 whichever lower |
| Commodity Options Trading Brokerage
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₹100 per lot |
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Other Charges
| Minimum Brokerage Charges
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₹25 plus taxes |
₹0 |
| Other Brokerage Charges
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| Call & Trade Charges
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₹0 |
₹20 per executed order |
Taxes
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
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NSE ₹210 per crore | BSE ₹1 per trade (each side) |
| Equity Options
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NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
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NSE ₹135 per crore (0.00135%) |
| Currency Options
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NSE ₹4400 (on premium) per crore (0.044%) |
| Commodity
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Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
Exposure
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Equity Delivery
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3x (A category) |
| Equity Intraday
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Up to 20x (based on the stock) |
| Equity Futures
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin |
Share Broker Features
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HDFC Securities Ltd |
Alice Blue Financial Services |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify |
Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time
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3:30 PM |
Equity: 3:15PM |
| Other Features
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E-Margin, ENCASH, |
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Broker Ratings (Average User Rating)
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HDFC Securities Ltd |
Alice Blue Financial Services |
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166 Customer Reviews  |
15 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
HDFC Securities is Rated 2.2 / 5 based on 166 customer reviews |
Alice Blue is Rated 4.5 / 5 based on 15 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading |
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Customer Service Offered
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HDFC Securities Ltd |
Alice Blue Financial Services |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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HDFC Securities Ltd |
Alice Blue Financial Services |
| Pros
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- 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.
More Advantages... |
- Discount stock broker.
- Most advance trading platform.
- Free equity delivery trades. No brokerage.
- 01% or Rs 20 whichever is less brokerage for intraday and F&O.
- Up to 20x margin in equity intraday.
- Demat AMC is free for lifetime for all customers.
More Advantages... |
| Cons
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- 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 ₹25
More Disadvantages... |
- Online Mutual Fund investment is not available.
- Margin funding is not available.
- Good Till Cancelled (GTC) orders not available.
- Call & Trade is available with additional cost of ₹20 per order.
More Disadvantages... |
| Reviews
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| Promo / Offers
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HDFC 3-in-1 Account
HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: ₹750 demat account AMC is waived when you open your 3-in-1 account.
Interested in opening a trading account? Request Callback from a stock broker.
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Free Equity Delivery Trade + Lifetime FREE AMC Demat Account
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you. |
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Enquire about HDFC Securities
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Zero Account Opening Fee