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HDFC Securities Vs AxisDirect Share Broker Comparison

The side-by-side comparison of HDFC Securities Ltd and Axis Securities stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and AxisDirect'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 AxisDirect.

  HDFC Securities Ltd Axis Securities
 
HDFC Securities Ltd Logo Axis Securities Logo
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... Know more about HDFC Securities Ltd Incorporated in 2005, Axis Securities is a subsidiary company of Axis Bank Ltd. Company offers broking services and distribution of financial products to retail customers in India. Axis Sec offers a single account to its customer to invest in Equitie... Know more about Axis Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE
Account Type Online Trading Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  HDFC Securities Ltd Axis Securities
Trading Account Opening Fees ₹999 ₹900 (3 in 1 account)
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹750 ₹500
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  HDFC Securities Ltd Axis Securities
Account Type Online Trading Trade@20 (SA75000)
Fixed Charges NA
Equity Delivery Brokerage 0.50% ₹20 per executed order
Equity Intraday Brokerage 0.05% ₹20 per executed order
Equity Futures Brokerage 0.05% ₹20 per executed order
Equity Options Brokerage ₹100 per lot or 1% of the premium (whichever is higher) ₹20 per executed order
Currency Futures Trading Brokerage ₹23 per contract 0.03% each side
Currency Options Trading Brokerage ₹20 per contract ₹20 per lot
Commodity Futures Trading Brokerage 0.02% for Intraday / 0.025% for positional 0.03% each side
Commodity Options Trading Brokerage 0.02% for Intraday / 0.025% for positional ₹50 per lot

Other Charges

Minimum Brokerage Charges ₹25 plus taxes ₹20 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges ₹250 per monthly fee if do not have axis bank account
Call & Trade Charges ₹0 ₹20 per call post 20th call per month
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Taxes

  HDFC Securities Ltd Axis Securities
Securities Transaction Tax (STT)
  • 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)
  • 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)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  HDFC Securities Ltd Axis Securities
Equity Delivery 0.00325% 0.00325% (₹325/Cr)
Equity Intraday 0.00325% 0.00325% (₹325/Cr)
Equity Futures .00190% 0.0019% (₹190/Cr)
Equity Options 0.050% (on premium) 0.05% (₹5000/crore)
Currency Futures 0.00110% 0.0019% (₹190/Cr)
Currency Options 0.040% (on premium) 0.05% (₹5000/crore)
Commodity NA
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Exposure

  HDFC Securities Ltd Axis Securities
Equity Delivery 2x with Intrest Nil
Equity Intraday Upto 20x Upto 10x
Equity Futures Nil Nil
Equity Options Nil Nil
Currency Futures Nil NA
Currency Options Nil NA
Commodity Nil 3x
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Share Broker Features

  HDFC Securities Ltd Axis Securities
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available 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 DirectTrade, Swift Trade, Axisdirect Mobile
Intraday Square-off Time 3:30 PM 3:15
Other Features E-Margin, ENCASH, Can trade in 32 exchanges through Saxo Trader
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Broker Ratings (Average User Rating)

  HDFC Securities Ltd Axis Securities
  167 Customer Reviews    Rate HDFC Securities 48 Customer Reviews    Rate AxisDirect
Fees Ratings 2.1 2.0
Trading Brokerage Rating 1.9 1.8
Trading Platform Usability 2.9 2.7
Customer Service Ratings 2.6 2.4
Overall Ratings Rated 2.2 stars Rated 2.2 stars
Broker Rating HDFC Securities is Rated 2.2 / 5 based on 167 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Ltd Axis Securities
Contact / Request Call Back
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Investment Options Available

  HDFC Securities Ltd Axis Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
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Customer Service Offered

  HDFC Securities Ltd Axis Securities
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes Yes
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Order Type

  HDFC Securities Ltd Axis Securities
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes Yes
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Research / Tips / Reports Published

  HDFC Securities Ltd Axis Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  HDFC Securities Ltd Axis Securities
Casual Investor Yes Yes
Active Investor
Trader

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Pros, Cons and Other Review Comments

  HDFC Securities Ltd Axis Securities
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.

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

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 ₹25

More Disadvantages...

  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade

More Disadvantages...

Reviews
Promo / Offers

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.

Enquire about HDFC Securities Enquire about AxisDirect
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