HDFC Securities Vs Choice Broking (Compare HDFC Securities and Choice Broking)

The side-by-side comparison of HDFC Securities and Choice Broking. Compare HDFC Securities Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best HDFC Securities vs Choice Broking?


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


Choice Broking
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993. Choice Broking offers online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, wealth management, Portfolio management, Insuran... Know more about Choice Equity Broking Private Limited

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HDFC Securities Vs Choice Broking

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2010, Choice Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, ICDEX. It has 50 branches across India.

  HDFC Securities Choice Broking
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX, NCDEX, ICDEX
Account Type Online Trading Standard Plan
Year of Incorporation 2002 2010
Number of Branches 270 50
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 Choice Broking. Leave your contact info and we will get in touch with you.
Enquire HDFC SecuritiesEnquire Choice Broking
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HDFC Securities Vs Choice Broking Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Choice Broking account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

  HDFC Securities Choice Broking
Trading Account Opening Charges Rs 999 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 750 Rs 200 or as per plan. (1st year AMC free)
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HDFC Securities Vs Choice Broking Brokerage Charges & Plans

HDFC Securities Vs Choice Broking Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.

  HDFC Securities Choice Broking
Account Type Online Trading Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.50% 0.20%
Equity Intraday Brokerage 0.05% 0.02%
Equity Futures Brokerage 0.05% 0.02%
Equity Options Brokerage Rs 100 per lot or 1% of the premium (whichever is higher) Rs 25 per lot
Currency Futures Trading Brokerage Rs 23 per contract 0.02%
Currency Options Trading Brokerage Rs 20 per contract Rs 20 per lot
Commodity Futures Trading Brokerage 0.02% for Intraday / 0.025% for positional 0.02%
Commodity Options Trading Brokerage 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 Choice Broking

Minimum Brokerage Charges Rs 25 plus taxes
Other Brokerage Charges
Call & Trade Charges Rs 0 Rs 0 (Free)
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HDFC Securities Vs Choice Broking Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  HDFC Securities Choice Broking
Equity Delivery 0.00325% NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade
Equity Intraday 0.00325% NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade
Equity Futures .00190% NSE Rs 240 per crore (0.0024%)
Equity Options 0.050% (on premium) NSE Rs 5000 per crore (0.05%)
Currency Futures 0.00110% NSE Rs 90 per crore (0.0009%)
Currency Options 0.040% (on premium) NSE Rs 4000 per crore (0.04%)
Commodity NA Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%)
Enquire HDFC SecuritiesEnquire Choice Broking
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HDFC Securities Vs Choice Broking Leverage (Margin)

HDFC Securities provides the margin of Upto 20x for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.

  HDFC Securities Choice Broking
Equity Delivery 2x with Intrest 1x (no margin)
Equity Intraday Upto 20x Up to 20x
Equity Futures Nil Up to 5x
Equity Options Nil 1x (no margin) for Options buying and up to 10x for options selling
Currency Futures Nil Up to 3x
Currency Options Nil 1x (no margin)
Commodity Futures Nil Up to 5x
Commodity Options 1x (no margin)
Enquire HDFC SecuritiesEnquire Choice Broking
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Compare HDFC Securities and Choice Broking Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Choice Broking offers Jiffy trading software.

  HDFC Securities Choice Broking
3 in 1 Account Yes No
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 Jiffy
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features E-Margin, ENCASH,
Referral Program Yes
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HDFC Securities Vs Choice Broking Review

HDFC Securities is rated 2.2 of 5 based on 198 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.

  HDFC Securities Choice Broking
  198 Customer Reviews    Rate HDFC Securities 3 Customer Reviews    Rate Choice Broking
Fees 2.1 4.7
Trading Brokerage 1.9 4.3
Trading Platform Usability 2.8 4.7
Customer Service 2.5 4.3
Research Capabilities 2.5 5.0
Overall Ratings Rated 2.2 stars Rated 4.7 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 198 customer reviews Choice Broking is rated 4.7 of 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Enquire Choice Broking 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.

Leave your contact information and we will get in touch with you....

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HDFC Securities Vs Choice Broking Investment Options

  HDFC Securities Choice Broking
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 No
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading Portfolio Management Services, Insurance
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HDFC Securities Vs Choice Broking Order Type Offered

  HDFC Securities Choice Broking
Bracket Order Yes No
Cover Order Yes No
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 Choice Broking Research Report

  HDFC Securities Choice Broking
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 Choice Broking Suitable For Investor Type

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

  HDFC Securities Choice Broking
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.
  • Zero Account opening fee.
  • Hassle free online Demat Account Opening.
  • Offers a wide range of investment products
  • Offers simple Trading Platforms to its customers.
  • Offers multiple AMC plan options with lifetime free AMC and refundable AMC options.
  • Free call and trade facility.
  • Provides Margin Trading Facility MTF Services.
  • Claim to have the most accurate and free research reports in the market with a 78% success ratio.
  • Offers online IPO application services.
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
  • Do not have Flexi brokerage plans.
  • Does not offer 3-in-1 account services.
  • Advanced order types like BO, CO, GTC not available.
  • Margin calculator not available.
Reviews

Choice Equity Broking Private Limited, commonly known as Choice Broking , is a Mumbai based full-service broker incorporated in 2010 offering online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Margin Trading Facility, wealth management, Portfolio management, Insurance, and Loan against share. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL and is a member of NSE, BSE, MCX, NCDEX, and ICEX. The company has a proprietary trading platform (Jiffy) available on the website, Android, and iOS.

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 Choice Broking

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