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


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


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 an Online Trading Account with HDFC Securities.Open an Online Trading Account with IIFL Securities.
Enquire HDFC SecuritiesOpen 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 Charges & Plans

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 0 (Free) and intraday is Rs 20 per order.

  HDFC Securities IIFL Securities
Account Type Online Trading iServe
Fixed Charges NA NA
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.05% Rs 20 per order
Equity Futures 0.05% Rs 20 per order
Equity Options Rs 100 per lot or 1% of the premium (whichever is higher) Rs 20 per order
Currency Futures Rs 23 per contract Rs 20 per order
Currency Options Rs 20 per contract Rs 20 per order
Commodity Futures 0.02% for Intraday / 0.025% for positional Rs 20 per order
Commodity Options 0.02% for Intraday / 0.025% for positional Rs 20 per order
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.
Special Offer: Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

HDFC Securities Charges Vs IIFL Securities

Minimum Brokerage Rs 25 plus taxes
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%)
Enquire HDFC SecuritiesOpen IIFL Securities Account
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HDFC Securities Vs IIFL Securities 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 IIFL Securities 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 IIFL Securities
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)
Enquire HDFC SecuritiesOpen 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
Other Features E-Margin, ENCASH,
Referral Program
Enquire HDFC SecuritiesOpen IIFL Securities Account
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HDFC Securities Vs IIFL Securities Review

HDFC Securities is rated 2.2 of 5 based on 208 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 118 customer reviews.

  HDFC Securities IIFL Securities
  208 Customer Reviews    Rate HDFC Securities 118 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 2.7
Research Capabilities 2.6 3.3
Overall Ratings Rated 2.2 stars Rated 2.7 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 208 customer reviews IIFL Securities is rated 2.7 of 5 based on 118 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Enquire IIFL Securities 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.
Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for 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
Enquire HDFC SecuritiesOpen 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. Brokerage-free equity delivery trading. No brokerage when you buy/sell shares for the long term (take delivery in demat).
  3. Flat Rs 20 per trade brokerage for Intraday & F&O.
  4. IIFL offers Equity SIP and Mutual Fund SIP.
  5. Margin funding is available.
  6. 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
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.

Free Equity Delivery Trading + Free Account Opening

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for 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.

Enquire HDFC SecuritiesOpen IIFL Securities Account

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