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HDFC Securities Vs SBI Securities (Compare HDFC Securities and SBI 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

SBICAP Securities Ltd Logo

About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd

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HDFC Securities Vs SBI 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 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

  HDFC Securities SBI Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2002 2001
Number of Branches 270 117

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HDFC Securities Vs SBI Securities Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while SBI Securities account opening changes is Rs 850. HDFC Securities Demat Account AMC Charges is Rs 750 and SBI Securities Demat Account AMC Charges is Rs 350.

  HDFC Securities SBI Securities
Trading Account Opening Charges Rs 999 Rs 850
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 750 Rs 350

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HDFC Securities Vs SBI Securities Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type HDFC Securities Lite Zero Plan SBI Securities eZ-trade
Fixed Charges NA
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.05%
Equity Futures Rs 20 per trade 0.05%
Equity Options Rs 20 per trade Rs 100 per lot
Currency Futures 0.03%
Currency Options Rs 30 per lot
Commodity Futures NA
Commodity Options NA
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.

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.

HDFC Securities Vs SBI Securities Brokerage Plan 2

  HDFC Securities SBI Securities
Account Type Lite 199 Yearly Subscription Plan eZ-trade
Fixed Charges Rs 199 per year
Equity Delivery 0.32% 0.50%
Equity Intraday 0.032% 0.05%
Equity Futures Rs 20 per trade 0.05%
Equity Options Rs 20 per trade Rs 100 per lot
Currency Futures 0.03%
Currency Options Rs 30 per lot
Commodity Futures NA
Commodity Options NA

HDFC Securities Vs SBI Securities Brokerage Plan 3

  HDFC Securities SBI Securities
Account Type Alpha+ 5999 Yearly Subscription Plan eZ-trade
Fixed Charges Rs 5,999 per year
Equity Delivery 0.10% 0.50%
Equity Intraday 0.010% 0.05%
Equity Futures Rs 20 per trade 0.05%
Equity Options Rs 20 per trade Rs 100 per lot
Currency Futures 0.03%
Currency Options Rs 30 per lot
Commodity Futures NA
Commodity Options NA

HDFC Securities Charges Vs SBI Securities

Minimum Brokerage Rs. 25 per order on equity segment Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges Rs 0 Rs 10 per call (after 30 free calls a month)

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HDFC Securities Vs SBI Securities Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).

  HDFC Securities SBI Securities
Equity Delivery 0.00325% NSE: 0.00386% | BSE: 0.00384%
Equity Intraday 0.00325% NSE: 0.00386% | BSE: 0.00384%
Equity Futures .00190% NSE: 0.002206% (Rs 221/Crore)
Equity Options 0.050% (on premium) NSE: 0.05515% (Rs 5515/Crore)
Currency Futures 0.00110% 0.002206%
Currency Options 0.040% (on premium) NSE: 0.05515% (Rs 5515/Crore)
Commodity NA

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

  HDFC Securities SBI 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)

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Compare HDFC Securities and SBI Securities Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.

  HDFC Securities SBI Securities
3 in 1 Account Yes Yes
Charting Yes No
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
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 SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time 3:30 PM 2:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features E-Margin, ENCASH,

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HDFC Securities Vs SBI Securities Review

HDFC Securities is rated 2.2 of 5 based on 222 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 154 customer reviews.

  HDFC Securities SBI Securities
  222 Customer Reviews    Rate HDFC Securities 154 Customer Reviews    Rate SBI Securities
Fees 2.1 3.1
Brokerage 1.8 2.7
Trading Platform 2.9 2.6
Customer Service 2.5 2.8
Research Capabilities 2.7 2.3
Overall Ratings Rated 2.2 stars Rated 2.5 stars
Broker Rating HDFC Securities is rated 2.2 of 5 based on 222 customer reviews SBI Securities is rated 2.5 of 5 based on 154 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire SBI 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. 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.

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HDFC Securities Vs SBI Securities Investment Options

  HDFC Securities SBI Securities
Stock / Equity Yes Yes
Commodity Yes No
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

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HDFC Securities Vs SBI Securities Order Type Offered

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

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HDFC Securities Vs SBI Securities Research Report

  HDFC Securities SBI 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 SBI Securities Suitable For Investor Type

  HDFC Securities SBI Securities
Casual Investor Yes Yes
Active Investor
Trader

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HDFC Securities Vs SBI Securities - Pros and Cons

  HDFC Securities SBI 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.
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
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
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
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

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

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