HDFC Securities Vs Finvasia (Compare HDFC Securities and Finvasia)

HDFC Securities Vs Finvasia

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	HDFC Securities	Finvasia
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2002	2013
Number of Branches	270	1
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HDFC Securities Vs Finvasia Charges & AMC

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

	HDFC Securities	Finvasia
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 0 per year (Lifetime Zero AMC)

HDFC Securities Vs Finvasia Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

	HDFC Securities	Finvasia
Account Type	Online Trading	Standard
Fixed Charges	NA	NA
Equity Delivery	0.50%	Rs 0
Equity Intraday	0.05%	Rs 0
Equity Futures	0.05%	Rs 0
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 0
Currency Futures	Rs 23 per contract	Rs 0
Currency Options	Rs 20 per contract	Rs 0
Commodity Futures	0.02% for Intraday / 0.025% for positional	Rs 0
Commodity Options	0.02% for Intraday / 0.025% for positional	Rs 0
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 Finvasia

Minimum Brokerage	Rs 25 plus taxes	Rs 0
Other Charges		Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges	Rs 0	Rs 0

HDFC Securities Vs Finvasia Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

	HDFC Securities	Finvasia
Equity Delivery	0.00325%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday	0.00325%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures	.00190%	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	0.050% (on premium)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	0.00110%	Rs 115 per Cr (0.00115%)
Currency Options	0.040% (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	NA	Rs 260 per Cr (0.0026%)
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HDFC Securities Vs Finvasia 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 Finvasia 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	Finvasia
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 Finvasia Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

	HDFC Securities	Finvasia
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	Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time	3:30 PM	3:15 PM
Other Features	E-Margin, ENCASH,	Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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HDFC Securities Vs Finvasia Review

HDFC Securities is rated 2.2 of 5 based on 209 customer reviews whereas Finvasia is rated 4.6 of 5 based on 40 customer reviews.

	HDFC Securities	Finvasia
	209 Customer Reviews	40 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 209 customer reviews	Finvasia is rated 4.6 of 5 based on 40 customer reviews

HDFC Securities Vs Finvasia Investment Options

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

HDFC Securities Vs Finvasia Order Type Offered

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

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

HDFC Securities Vs Finvasia Suitable For Investor Type

	HDFC Securities	Finvasia
Casual Investor
Active Investor
Trader

HDFC Securities Vs Finvasia - Pros and Cons

	HDFC Securities	Finvasia
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.	Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform. Doesn't charge any trade clearing charges. A variety of trading platforms are available for the trader to choose from. Provides trading API and support Algo trading tools. Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients. Call & trade is available for free to all the customers. GTC orders are available in MCX.
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	Scalpter, the web-based trading platform has only 1 min charting frame. Bracket orders are chargeable. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. Finvasia is an online stock broker. It doesn't have branch offices. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. Leverage offered is on the lower side in comparison with other discount brokers.
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.
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