HDFC Securities Vs SBI Securities (Compare HDFC Securities and SBI Securities)

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

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%.

	HDFC Securities	SBI Securities
Account Type	Online Trading	eZ-trade
Fixed Charges	NA
Equity Delivery	0.50%	0.50%
Equity Intraday	0.05%	0.05%
Equity Futures	0.05%	0.05%
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 100 per lot
Currency Futures	Rs 23 per contract	0.03%
Currency Options	Rs 20 per contract	Rs 30 per lot
Commodity Futures	0.02% for Intraday / 0.025% for positional	NA
Commodity Options	0.02% for Intraday / 0.025% for positional	NA
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.

HDFC Securities Charges Vs SBI Securities

Minimum Brokerage	Rs 25 plus taxes	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)

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 6 times of the trade value based on the volatility of the stock whereas the SBI 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	SBI 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 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
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	SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time	3:30 PM	2:45 PM
Other Features	E-Margin, ENCASH,
Referral Program
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HDFC Securities Vs SBI Securities Review

HDFC Securities is rated 2.2 of 5 based on 208 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 145 customer reviews.

	HDFC Securities	SBI Securities
	208 Customer Reviews	145 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	SBI Securities is rated 2.6 of 5 based on 145 customer reviews

HDFC Securities Vs SBI Securities Investment Options

	HDFC Securities	SBI 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 SBI Securities Order Type Offered

	HDFC Securities	SBI 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 SBI Securities Research Report

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

HDFC Securities Vs SBI Securities Suitable For Investor Type

	HDFC Securities	SBI Securities
Casual Investor
Active Investor
Trader

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	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.
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