Chittorgarh.com
Free Trading + Demat Account

HDFC Securities Vs Finvasia Share Broker Comparison

The side-by-side comparison of HDFC Securities Ltd and Finvasia Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and Finvasia's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among HDFC Securities and Finvasia.

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
 
HDFC Securities Ltd Logo Finvasia Securities Pvt Ltd Logo
About the Broker 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 wi... Know more about HDFC Securities Ltd 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 manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type Online Trading Standard
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 Finvasia. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Trading Account Opening Fees ₹999 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹750 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

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

Other Charges

Minimum Brokerage Charges ₹25 plus taxes ₹0
Other Brokerage Charges None
Call & Trade Charges ₹0 ₹0
Expand

Taxes

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Transaction Charges

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Equity Delivery 0.00325% ₹325/crore
Equity Intraday 0.00325% ₹325/crore
Equity Futures .00190% ₹190/crore
Equity Options 0.050% (on premium) ₹5000/crore of premium
Currency Futures 0.00110% ₹115/crore
Currency Options 0.040% (on premium) ₹4000/crore of premium
Commodity NA ₹260/crore
Expand

Exposure

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Equity Delivery 2x with Intrest 1x
Equity Intraday Upto 20x up to 10x
Equity Futures Nil 2x
Equity Options Nil 1x
Currency Futures Nil 1x
Currency Options Nil 1x
Commodity Nil 2x
Expand

Share Broker Features

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
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 Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) 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.
Expand

Broker Ratings (Average User Rating)

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
  167 Customer Reviews    Rate HDFC Securities 9 Customer Reviews    Rate Finvasia
Fees Ratings 2.1 4.4
Trading Brokerage Rating 1.9 4.8
Trading Platform Usability 2.9 3.0
Customer Service Ratings 2.6 4.7
Overall Ratings Rated 2.2 stars Rated 4.7 stars
Broker Rating HDFC Securities is Rated 2.2 / 5 based on 167 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
Expand

Contact Broker / Request A Call Back

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Contact / Request Call Back
Expand

Investment Options Available

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (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
Expand

Customer Service Offered

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches Yes No
Expand

Order Type

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
Expand

Research / Tips / Reports Published

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Suitable for Investor Category

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes

Expand

Pros, Cons and Other Review Comments

  HDFC Securities Ltd Finvasia Securities Pvt Ltd
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.

More Advantages...

  • 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.

More Advantages...

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 ₹25

More Disadvantages...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

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: ₹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 about HDFC Securities Enquire about Finvasia
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App