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HDFC Securities Vs Dhan (Compare HDFC Securities and Dhan)

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...

HDFC Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va...

Dhan Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

HDFC Securities Vs Dhan

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	HDFC Securities	Dhan
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2002	2021
Number of Branches	270	1

HDFC Securities Vs Dhan Charges & AMC

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

	HDFC Securities	Dhan
Trading Account Opening Charges	Rs 999	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	₹0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 750	₹0 (Lifetime Zero AMC)

HDFC Securities Vs Dhan Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type	HDFC Securities Lite 199 Yearly Subscription Plan	Dhan Flat Rate Plan
Fixed Charges	Rs 199 per year	Rs 0 or Nill
Equity Delivery	0.32%	Rs. 0
Equity Intraday	0.032%	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	Rs 20 per trade	Rs 20 or 0.03% of trade value, whichever is lower
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures		Rs 20 or 0.03% of trade value, whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 or 0.03% of trade value, 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 stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

HDFC Securities Vs Dhan Brokerage Plan 2

	HDFC Securities	Dhan
Account Type	Alpha 1,999	Flat Rate Plan
Fixed Charges	Rs 1999 per year	Rs 0 or Nill
Equity Delivery	0.18%	Rs. 0
Equity Intraday	0.018%	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	Rs 20 per trade	Rs 20 or 0.03% of trade value, whichever is lower
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures		Rs 20 or 0.03% of trade value, whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options		Rs 20 per executed order

HDFC Securities Vs Dhan Brokerage Plan 3

	HDFC Securities	Dhan
Account Type	Alpha 4999 Yearly Subscription Plan	Flat Rate Plan
Fixed Charges	Rs 4,999 per year	Rs 0 or Nill
Equity Delivery	0.10%	Rs. 0
Equity Intraday	0.010%	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	Rs 20 per trade	Rs 20 or 0.03% of trade value, whichever is lower
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures		Rs 20 or 0.03% of trade value, whichever is lower
Currency Options		Rs 20 per executed order
Commodity Futures		Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options		Rs 20 per executed order

HDFC Securities Charges Vs Dhan

Minimum Brokerage	Rs. 25 per order on equity segment	Rs 20
Other Charges
Call & Trade Charges	Rs 0	Rs 50 per order

HDFC Securities Vs Dhan 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 Dhan exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

	HDFC Securities	Dhan
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%) \| BSE Rs 500 per Cr (0.005%) (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%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	NA	Group A, B : 0.0026%

HDFC Securities Vs Dhan Leverage (Margin)

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

	HDFC Securities	Dhan
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)

Compare HDFC Securities and Dhan Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

	HDFC Securities	Dhan
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time	3:30 PM	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	E-Margin, ENCASH,	APIs for Algo Trading, smallcases on Dhan

HDFC Securities Vs Dhan Review

HDFC Securities is rated 2.1 of 5 based on 230 customer reviews whereas Dhan is rated 2.8 of 5 based on 19 customer reviews.

	HDFC Securities	Dhan
	230 Customer Reviews	19 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.1 of 5 based on 230 customer reviews	Dhan is rated 2.8 of 5 based on 19 customer reviews

Contact Broker / Request A Call Back

	HDFC Securities Enquire	Dhan 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 stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

HDFC Securities Vs Dhan Investment Options

	HDFC Securities	Dhan
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

HDFC Securities Vs Dhan Order Type Offered

	HDFC Securities	Dhan
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

HDFC Securities Vs Dhan Research Report

	HDFC Securities	Dhan
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

HDFC Securities Vs Dhan Suitable For Investor Type

	HDFC Securities	Dhan
Casual Investor
Active Investor
Trader

HDFC Securities Vs Dhan - Pros and Cons

	HDFC Securities	Dhan
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.	Safe, reliable, and technologically first online broker. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free account opening. AMC free demat account. Free equity delivery trades. Flat Rs 20 per trade brokerage for all other segments.
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	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 20 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans.
Reviews
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. Open Instant Demat Account Read Reviews	Dhan Special Offer Brokerage-free share delivery trading and AMC free demat account Free account opening and Demat AMC + Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O + Separate option trading APP. This is a limited-time offer. Open an instant account online and start trading today.

2 Comments

2. Murlidhar dhaked

| Link|April 14, 2024 8:55:29 AMReply

Any broker in India provides off market bracket order for investment purpose

1. Murlidhar dhaked

| Link|April 14, 2024 8:54:24 AMReply