HDFC Securities Vs Indira Securities (Compare HDFC Securities and Indira Securities)

HDFC Securities Vs Indira 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 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

	HDFC Securities	Indira Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX and NCDEX
Year of Incorporation	2002	1987
Number of Branches	270	335
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HDFC Securities Vs Indira Securities Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Indira Securities account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

	HDFC Securities	Indira Securities
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 450 (Free for 1st year)

HDFC Securities Vs Indira Securities Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	HDFC Securities	Indira Securities
Account Type	Online Trading	Traditional Plan
Fixed Charges	NA	NA
Equity Delivery	0.50%	0.10%
Equity Intraday	0.05%	0.01%
Equity Futures	0.05%	0.01%
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 25 per lot (both side)
Currency Futures	Rs 23 per contract	0.01%
Currency Options	Rs 20 per contract	Rs 25 per lot (both side)
Commodity Futures	0.02% for Intraday / 0.025% for positional	0.01%
Commodity Options	0.02% for Intraday / 0.025% for positional	Rs 25 per lot (both side)
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: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

HDFC Securities Vs Indira Securities Brokerage Plan 2

	HDFC Securities	Indira Securities
Account Type	Online Trading	Discount Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	0.50%	Rs 20 per executed order
Equity Intraday	0.05%	Rs 20 per executed order
Equity Futures	0.05%	Rs 20 per executed order
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 20 per executed order
Currency Futures	Rs 23 per contract	Rs 20 per executed order
Currency Options	Rs 20 per contract	Rs 20 per executed order
Commodity Futures	0.02% for Intraday / 0.025% for positional	Rs 20 per executed order
Commodity Options	0.02% for Intraday / 0.025% for positional	Rs 20 per executed order
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HDFC Securities Charges Vs Indira Securities

Minimum Brokerage	Rs 25 plus taxes	Rs 20 per executed order
Other Charges
Call & Trade Charges	Rs 0	Rs 0 (Free)

HDFC Securities Vs Indira Securities Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

	HDFC Securities	Indira Securities
Equity Delivery	0.00325%	NSE Rs 325 per Cr (0.00325%)
Equity Intraday	0.00325%	NSE Rs 325 per Cr (0.00325%)
Equity Futures	.00190%	NSE Rs 190 per Cr (0.0019%)
Equity Options	0.050% (on premium)	NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	0.00110%	NSE Rs 120 per Cr (0.0012%)
Currency Options	0.040% (on premium)	NSE Rs 500 per Cr (0.005%) (on premium)
Commodity	NA	Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
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HDFC Securities Vs Indira 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 Indira 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	Indira 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)
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Compare HDFC Securities and Indira Securities Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Indira Securities offers ODIN trading software.

	HDFC Securities	Indira Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	ODIN
Intraday Square-off Time	3:30 PM	3:15 PM
Other Features	E-Margin, ENCASH,
Referral Program
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HDFC Securities Vs Indira Securities Review

HDFC Securities is rated 2.2 of 5 based on 208 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

	HDFC Securities	Indira Securities
	208 Customer Reviews	3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 208 customer reviews	Indira Securities is rated 4.0 of 5 based on 3 customer reviews

HDFC Securities Vs Indira Securities Investment Options

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

HDFC Securities Vs Indira Securities Order Type Offered

	HDFC Securities	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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HDFC Securities Vs Indira Securities Research Report

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

HDFC Securities Vs Indira Securities Suitable For Investor Type

	HDFC Securities	Indira Securities
Casual Investor
Active Investor
Trader

HDFC Securities Vs Indira Securities - Pros and Cons

	HDFC Securities	Indira 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.	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.
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	Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
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 Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.
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