HDFC Securities Vs iTradeOnline (Compare HDFC Securities and iTradeOnline)

The side-by-side comparison of HDFC Securities and iTradeOnline. Compare HDFC Securities Vs iTradeOnline brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best HDFC Securities vs iTradeOnline?


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


iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available f... Know more about iTradeOnline by Trustline

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HDFC Securities Vs iTradeOnline

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

  HDFC Securities iTradeOnline
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX
Account Type Online Trading Pay Per Trade
Year of Incorporation 2002
Number of Branches 270
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 iTradeOnline. Leave your contact info and we will get in touch with you.
Enquire HDFC SecuritiesEnquire iTradeOnline
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HDFC Securities Vs iTradeOnline Charges & AMC

HDFC Securities trading account opening charges is ₹999 while iTradeOnline account opening changes is ₹0 (Free). HDFC Securities Demat Account AMC Charges is ₹750 and iTradeOnline Demat Account AMC Charges is Regular Demat: ₹300, Lifetime free AMC Demat: ₹0.

  HDFC Securities iTradeOnline
Trading Account Opening Charges ₹999 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC Charges ₹750 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
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HDFC Securities Vs iTradeOnline Brokerage Charges & Plans

HDFC Securities Vs iTradeOnline Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas iTradeOnline brokerage charges for equity is ₹20 per executed order or .01% whichever is lower and intraday is ₹20 per executed order or .01% whichever is lower.

  HDFC Securities iTradeOnline
Account Type Online Trading Pay Per Trade
Fixed Charges NA
Equity Delivery Brokerage 0.50% ₹20 per executed order or .01% whichever is lower
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 or .01% whichever is lower
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 or .01% whichever is lower
Commodity Futures Trading Brokerage 0.02% for Intraday / 0.025% for positional ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage 0.02% for Intraday / 0.025% for positional
Special Offer
Special Offer: ₹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: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

HDFC Securities Charges Vs iTradeOnline

Minimum Brokerage Charges ₹25 plus taxes ₹0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: ₹20
Call & Trade Charges ₹0 ₹0 (Free)
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HDFC Securities Vs iTradeOnline Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while iTradeOnline exchange transaction charges for options is NSE ₹5000 per crore (0.05%).

  HDFC Securities iTradeOnline
Equity Delivery 0.00325% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday 0.00325% NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures .00190% NSE ₹190 per crore (0.0019%)
Equity Options 0.050% (on premium) NSE ₹5000 per crore (0.05%)
Currency Futures 0.00110% NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options 0.040% (on premium) NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity NA MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Enquire HDFC SecuritiesEnquire iTradeOnline
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HDFC Securities Vs iTradeOnline Leverage (Margin)

HDFC Securities provides the margin of Upto 20x for intraday trades whereas the iTradeOnline margin for intraday cash is Upto 20x (based on the stock).

  HDFC Securities iTradeOnline
Equity Delivery 2x with Intrest Upto 5x (based on the stock)
Equity Intraday Upto 20x Upto 20x (based on the stock)
Equity Futures Nil Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures Nil Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Nil Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Nil Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Enquire HDFC SecuritiesEnquire iTradeOnline
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Compare HDFC Securities and iTradeOnline Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  HDFC Securities iTradeOnline
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 Available No Yes
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 Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time 3:30 PM Equity: 3:15 PM, Commodity: 11:15 PM
Other Features E-Margin, ENCASH,
Referral Program
Enquire HDFC SecuritiesEnquire iTradeOnline
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HDFC Securities Vs iTradeOnline Review

HDFC Securities is rated 2.2 of 5 based on 194 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  HDFC Securities iTradeOnline
  194 Customer Reviews    Rate HDFC Securities 7 Customer Reviews    Rate iTradeOnline
Fees 2.1 3.9
Trading Brokerage 1.9 4.1
Trading Platform Usability 2.9 3.9
Customer Service 2.5 3.7
Research Capabilities 2.5 1.0
Overall Ratings Rated 2.2 stars Rated 4.0 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 194 customer reviews iTradeOnline is rated 4.0 of 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Enquire iTradeOnline Enquire
Contact Broker

₹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.

Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

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HDFC Securities Vs iTradeOnline Investment Options

  HDFC Securities iTradeOnline
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 Yes
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading Insurance, Wealth Management
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HDFC Securities Vs iTradeOnline Order Type Offered

  HDFC Securities iTradeOnline
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
Enquire HDFC SecuritiesEnquire iTradeOnline
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HDFC Securities Vs iTradeOnline Research Report

  HDFC Securities iTradeOnline
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 iTradeOnline Suitable For Investor Type

  HDFC Securities iTradeOnline
Casual Investor Yes
Active Investor Yes
Trader Yes
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HDFC Securities Vs iTradeOnline - Pros and Cons

  HDFC Securities iTradeOnline
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.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
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 ₹5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of ₹25
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

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

Enquire HDFC SecuritiesEnquire iTradeOnline

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