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HDFC Securities Vs iTradeOnline (Compare HDFC Securities and iTradeOnline)

HDFC Securities Ltd Logo

About 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 by Trustline Logo

About 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 Rs 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... 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
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2002
Number of Branches 270
Enquire HDFC SecuritiesEnquire iTradeOnline

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HDFC Securities Vs iTradeOnline Charges & AMC

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

  HDFC Securities iTradeOnline
Trading Account Opening Charges Rs 999 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Rs 750 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

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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 Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.

Account Type HDFC Securities Online Trading iTradeOnline Pay Per Trade
Fixed Charges NA Rs 0
Equity Delivery 0.50% Rs 20 per executed order or .01% whichever is lower
Equity Intraday 0.05% Rs 20 per executed order or .01% whichever is lower
Equity Futures 0.05% Rs 20 per executed order or .01% whichever is lower
Equity Options Rs 100 per lot or 1% of the premium (whichever is higher) Rs 20 per executed order or .01% whichever is lower
Currency Futures Rs 23 per contract Rs 20 per executed order or .01% whichever is lower
Currency Options Rs 20 per contract Rs 20 per executed order or .01% whichever is lower
Commodity Futures 0.02% for Intraday / 0.025% for positional Rs 20 per executed order or .01% whichever is lower
Commodity Options 0.02% for Intraday / 0.025% for positional
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: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

HDFC Securities Charges Vs iTradeOnline

Minimum Brokerage Rs 25 plus taxes Rs 0 (No Minimum Brokerage)
Other Charges Physical contact notes: Rs 20
Call & Trade Charges Rs 0 Rs 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 Rs 5000 per crore (0.05%).

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

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HDFC Securities Vs iTradeOnline Leverage (Margin)

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

  HDFC Securities iTradeOnline
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)
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 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 214 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

  HDFC Securities iTradeOnline
  214 Customer Reviews    Rate HDFC Securities 7 Customer Reviews    Rate iTradeOnline
Fees 2.1 3.9
Brokerage 1.8 4.1
Trading Platform 2.9 3.9
Customer Service 2.5 3.7
Research Capabilities 2.7 1.0
Overall Ratings Rated 2.2 stars Rated 4.0 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 214 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 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.
Get 50% discount (Rs 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
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 Rs 5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of Rs 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: 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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 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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