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HDFC Securities Vs IIFL Securities (Compare HDFC Securities and IIFL Securities)

HDFC Securities Ltd Logo

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... Know more about HDFC Securities Ltd

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

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HDFC Securities Vs IIFL Securities

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

  HDFC Securities IIFL Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE NSE, BSE, MCX
Year of Incorporation 2002 1996
Number of Branches 270 900
Open IIFL Securities Account

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HDFC Securities Vs IIFL Securities Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while IIFL Securities account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).

  HDFC Securities IIFL Securities
Trading Account Opening Charges Rs 999 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 750 Rs 250 (Free for 1st year)

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HDFC Securities Vs IIFL Securities Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type HDFC Securities Lite Zero Plan IIFL Securities iServe
Fixed Charges NA NA
Equity Delivery 0.50% Rs 20 per order
Equity Intraday 0.05% Rs 20 per order
Equity Futures Rs 20 per trade Rs 20 per order
Equity Options Rs 20 per trade Rs 20 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Special Offer

Zerodha (Trade with the best stock broker)

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: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

HDFC Securities Vs IIFL Securities Brokerage Plan 2

  HDFC Securities IIFL Securities
Account Type Lite 199 Yearly Subscription Plan iServe
Fixed Charges Rs 199 per year NA
Equity Delivery 0.32% Rs 20 per order
Equity Intraday 0.032% Rs 20 per order
Equity Futures Rs 20 per trade Rs 20 per order
Equity Options Rs 20 per trade Rs 20 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Open IIFL Securities Account

HDFC Securities Vs IIFL Securities Brokerage Plan 3

  HDFC Securities IIFL Securities
Account Type Alpha+ 5999 Yearly Subscription Plan iServe
Fixed Charges Rs 5,999 per year NA
Equity Delivery 0.10% Rs 20 per order
Equity Intraday 0.010% Rs 20 per order
Equity Futures Rs 20 per trade Rs 20 per order
Equity Options Rs 20 per trade Rs 20 per order
Currency Futures Rs 20 per order
Currency Options Rs 20 per order
Commodity Futures Rs 20 per order
Commodity Options Rs 20 per order
Open IIFL Securities Account

HDFC Securities Charges Vs IIFL Securities

Minimum Brokerage Rs. 25 per order on equity segment
Other Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 0 Rs 50 per call

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HDFC Securities Vs IIFL Securities Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).

  HDFC Securities IIFL Securities
Equity Delivery 0.00325% Rs 325 per Cr (0.00325%)
Equity Intraday 0.00325% Rs 325 per Cr (0.00325%)
Equity Futures .00190% Rs 210 per Cr (0.0021%)
Equity Options 0.050% (on premium) Rs 5100 per Cr (0.051%) (on premium)
Currency Futures 0.00110% Rs 210 per Cr (0.0021%)
Currency Options 0.040% (on premium) Rs 5100 per Cr (0.051%) (on premium)
Commodity NA Group A - Rs 280 per Cr (0.0028%)
Open IIFL Securities Account

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HDFC Securities Vs IIFL Securities Leverage (Margin)

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

  HDFC Securities IIFL Securities
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)
Open IIFL Securities Account

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Compare HDFC Securities and IIFL Securities Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

  HDFC Securities IIFL Securities
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No No
Trading Platform ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time 3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features E-Margin, ENCASH,
Open IIFL Securities Account

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HDFC Securities Vs IIFL Securities Review

HDFC Securities is rated 2.2 of 5 based on 222 customer reviews whereas IIFL Securities is rated 2.6 of 5 based on 128 customer reviews.

  HDFC Securities IIFL Securities
  222 Customer Reviews    Rate HDFC Securities 128 Customer Reviews    Rate IIFL Securities
Fees 2.1 2.8
Brokerage 1.8 2.6
Trading Platform 2.9 3.2
Customer Service 2.5 2.6
Research Capabilities 2.7 3.0
Overall Ratings Rated 2.2 stars Rated 2.6 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 222 customer reviews IIFL Securities is rated 2.6 of 5 based on 128 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire IIFL Securities 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. Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

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HDFC Securities Vs IIFL Securities Investment Options

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

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HDFC Securities Vs IIFL Securities Order Type Offered

  HDFC Securities IIFL Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
Open IIFL Securities Account

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HDFC Securities Vs IIFL Securities Research Report

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

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HDFC Securities Vs IIFL Securities Suitable For Investor Type

  HDFC Securities IIFL Securities
Casual Investor Yes
Active Investor Yes
Trader Yes

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HDFC Securities Vs IIFL Securities - Pros and Cons

  HDFC Securities IIFL Securities
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.
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
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
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
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

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Open IIFL Securities Account

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