HDFC Securities Vs AxisDirect (Compare HDFC Securities and AxisDirect)


HDFC Securities
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 with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and... Know more about HDFC Securities Ltd


AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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HDFC Securities Vs AxisDirect

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  HDFC Securities AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2002 2006
Number of Branches 270 56
Open an Online Trading Account with HDFC Securities.Open an Online Trading Account with AxisDirect.
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HDFC Securities Vs AxisDirect Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while AxisDirect account opening changes is Rs 900. HDFC Securities Demat Account AMC Charges is Rs 750 and AxisDirect Demat Account AMC Charges is Rs 650.

  HDFC Securities AxisDirect
Trading Account Opening Charges Rs 999 Rs 900
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 750 Rs 650
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HDFC Securities Vs AxisDirect Brokerage Charges & Plans

HDFC Securities Vs AxisDirect Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  HDFC Securities AxisDirect
Account Type Online Trading Standard Brokerage Plan
Fixed Charges NA NA
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.05%
Equity Futures 0.05% 0.05%
Equity Options Rs 100 per lot or 1% of the premium (whichever is higher) Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 23 per contract 0.05%
Currency Options Rs 20 per contract Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.02% for Intraday / 0.025% for positional 0.03%
Commodity Options 0.02% for Intraday / 0.025% for positional Rs 50 per lot
Special Offer
Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

HDFC Securities Charges Vs AxisDirect

Minimum Brokerage Rs 25 plus taxes Rs 20 per trade
Other Charges
Call & Trade Charges Rs 0 Rs 20 per call
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HDFC Securities Vs AxisDirect Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

  HDFC Securities AxisDirect
Equity Delivery 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures .00190% NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options 0.050% (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures 0.00110% Rs 190 per Cr (0.0019%)
Currency Options 0.040% (on premium) Rs 5000 per Cr (0.05%) (on premium)
Commodity NA
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HDFC Securities Vs AxisDirect Leverage (Margin)

HDFC Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the AxisDirect margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  HDFC Securities AxisDirect
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare HDFC Securities and AxisDirect Features

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

  HDFC Securities AxisDirect
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 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, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:30 PM 3:15
Other Features E-Margin, ENCASH,
Referral Program Yes
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HDFC Securities Vs AxisDirect Review

HDFC Securities is rated 2.2 of 5 based on 208 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 71 customer reviews.

  HDFC Securities AxisDirect
  208 Customer Reviews    Rate HDFC Securities 71 Customer Reviews    Rate AxisDirect
Fees 2.1 2.0
Brokerage 1.8 1.7
Trading Platform 2.9 2.6
Customer Service 2.5 2.2
Research Capabilities 2.6 2.9
Overall Ratings Rated 2.2 stars Rated 2.1 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 208 customer reviews AxisDirect is rated 2.1 of 5 based on 71 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Enquire AxisDirect Enquire
Contact Broker Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.
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HDFC Securities Vs AxisDirect Investment Options

  HDFC Securities AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 Loans, ETF, Corporate FD
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HDFC Securities Vs AxisDirect Order Type Offered

  HDFC Securities AxisDirect
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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HDFC Securities Vs AxisDirect Research Report

  HDFC Securities AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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HDFC Securities Vs AxisDirect Suitable For Investor Type

  HDFC Securities AxisDirect
Casual Investor Yes Yes
Active Investor
Trader
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HDFC Securities Vs AxisDirect - Pros and Cons

  HDFC Securities AxisDirect
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.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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: Rs 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 HDFC SecuritiesEnquire AxisDirect

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