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HDFC Securities Vs Fyers Share Broker Comparison

The side-by-side comparison of HDFC Securities Ltd and Fyers Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and Fyers'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 Fyers.

  HDFC Securities Ltd Fyers Securities Ltd
 
HDFC Securities Ltd Logo Fyers Securities 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 Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi... Know more about Fyers Securities Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE NSE, MCX
Account Type Online Trading Flat Fee Brokerage Plan
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 Fyers. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  HDFC Securities Ltd Fyers Securities 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 ₹400
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  HDFC Securities Ltd Fyers Securities Ltd
Account Type Online Trading Flat Fee Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.50% ₹0 (Free)
Equity Intraday Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.05% ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹100 per lot or 1% of the premium (whichever is higher) ₹20 per executed order
Currency Futures Trading Brokerage ₹23 per contract ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 per contract ₹20 per executed order
Commodity Futures Trading Brokerage 0.02% for Intraday / 0.025% for positional NA
Commodity Options Trading Brokerage 0.02% for Intraday / 0.025% for positional

Other Charges

Minimum Brokerage Charges ₹25 plus taxes
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹0 ₹20 per trade
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Taxes

  HDFC Securities Ltd Fyers Securities 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.
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Transaction Charges

  HDFC Securities Ltd Fyers Securities Ltd
Equity Delivery 0.00325% ₹325 per crore (0.00325%)
Equity Intraday 0.00325% ₹325 per crore (0.00325%)
Equity Futures .00190% ₹240 per crore (0.0024%)
Equity Options 0.050% (on premium) ₹5900 per crore (on premium) (0.059%)
Currency Futures 0.00110% ₹240 per crore (0.0024%)
Currency Options 0.040% (on premium) ₹5900 per crore (on premium) (0.059%)
Commodity NA NA
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Exposure

  HDFC Securities Ltd Fyers Securities Ltd
Equity Delivery 2x with Intrest 1 times
Equity Intraday Upto 20x Up to 16x (based on the stock)
Equity Futures Nil Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures Nil Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Nil Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Nil NA
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Share Broker Features

  HDFC Securities Ltd Fyers Securities Ltd
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes No
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 Fyers One (In-house build)
Intraday Square-off Time 3:30 PM 3:20 PM
Other Features E-Margin, ENCASH, Brokerage free thematic investing is available
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Broker Ratings (Average User Rating)

  HDFC Securities Ltd Fyers Securities Ltd
  167 Customer Reviews    Rate HDFC Securities 8 Customer Reviews    Rate Fyers
Fees Ratings 2.1 3.1
Trading Brokerage Rating 1.9 3.9
Trading Platform Usability 2.9 3.0
Customer Service Ratings 2.6 4.0
Overall Ratings Rated 2.2 stars Rated 3.6 stars
Broker Rating HDFC Securities is Rated 2.2 / 5 based on 167 customer reviews Fyers is Rated 3.6 / 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Ltd Fyers Securities Ltd
Contact / Request Call Back
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Investment Options Available

  HDFC Securities Ltd Fyers Securities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
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Customer Service Offered

  HDFC Securities Ltd Fyers Securities Ltd
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes No
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Order Type

  HDFC Securities Ltd Fyers Securities Ltd
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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Research / Tips / Reports Published

  HDFC Securities Ltd Fyers Securities Ltd
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  HDFC Securities Ltd Fyers Securities Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  HDFC Securities Ltd Fyers Securities 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...

  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum ₹20 per trade.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!

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...

  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.

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.

Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.

This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

Enquire about HDFC Securities Enquire about Fyers
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