HDFC Securities Vs Finvasia (Compare HDFC Securities and Finvasia)


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


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

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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
Open an Online Trading Account with HDFC Securities.Open an Online Trading Account with Finvasia.
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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)
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HDFC Securities Vs Finvasia Brokerage Charges & Plans

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
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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 Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No No
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    Rate HDFC Securities 40 Customer Reviews    Rate Finvasia
Fees 2.1 4.7
Brokerage 1.8 4.9
Trading Platform 2.9 3.6
Customer Service 2.5 4.5
Research Capabilities 2.6 2.9
Overall Ratings Rated 2.2 stars Rated 4.6 stars
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
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Contact Broker / Request A Call Back

  HDFC Securities Enquire Finvasia 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 Finvasia Investment Options

  HDFC Securities Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
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HDFC Securities Vs Finvasia Order Type Offered

  HDFC Securities Finvasia
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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HDFC Securities Vs Finvasia Research Report

  HDFC Securities Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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HDFC Securities Vs Finvasia Suitable For Investor Type

  HDFC Securities Finvasia
Casual Investor Yes
Active Investor Yes
Trader Yes
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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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