About 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 ... 
About SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities 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.
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Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at NSE, BSE, MSEI, MCX. It has 270 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX ,NCDEX, MSEI. It has 160 branches across India.
| HDFC Securities | SBI Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE, MSEI, MCX | NSE, BSE, MCX ,NCDEX, MSEI |
| Year of Incorporation | 2002 | 2001 |
| Number of Branches | 270 | 160 |
HDFC Securities trading account opening charges is Rs 0 while SBI Securities account opening changes is Rs 0. HDFC Securities Demat Account AMC Charges is Rs 750 (from 2nd Year onwards) and SBI Securities Demat Account AMC Charges is Rs 500.
| HDFC Securities | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 750 (from 2nd Year onwards) | Rs 500 |
HDFC Securities Brokerage Charges for equity is 0.30% and intraday is 0.03% whereas SBI Securities brokerage charges for equity is 0.35% and Intraday is Rs 20 per order.
| Account Type | HDFC Securities Optima | SBI Securities PLAN 499 |
|---|---|---|
| Fixed Charges | Rs 999 (Life Time) | |
| Equity Delivery | 0.30% | 0.35% |
| Equity Intraday | 0.03% | Rs 20 per order |
| Equity Futures | Rs 20 per trade | 0.05% |
| Equity Options | Rs 20 per trade | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) 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 (Flat Rs 20 Per Trade) 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 | SBI Securities | |
|---|---|---|
| Account Type | Maxima | OIOP - 3K |
| Fixed Charges | Rs 2,999 (Life Time) | |
| Equity Delivery | 0.20% | 0.20% |
| Equity Intraday | 0.02% | Rs 20 per order |
| Equity Futures | Rs 20 per trade | Rs 20 per order |
| Equity Options | Rs 20 per trade | Rs 20 per order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Account Type | Premia | OIOP - 5K |
| Fixed Charges | Rs 4,999 (Life Time) | |
| Equity Delivery | 0.15% | 0.20% |
| Equity Intraday | 0.015% | Rs 20 per order |
| Equity Futures | Rs 20 per trade | Rs 20 per order |
| Equity Options | Rs 20 per trade | Rs 20 per order |
| Currency Futures | Rs 20 per order | |
| Currency Options | Rs 20 per order | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| Minimum Brokerage | Rs 0.01 per executed order | |
| Other Charges | ||
| Call & Trade Charges | Rs 0 | Rs 10 per call for Call & Trade services |
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 trading is up to 20% of the trade value (4x 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) |
The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. SBI Securities offers SBI Securities: Stocks & SIP trading software.
| HDFC Securities | SBI Securities | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | |  |
| 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 Securities: Stocks & SIP |
| Intraday Square-off Time | 3:30 PM | 2:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | FPOs, NCD / Bonds, ETFs - Gold and Index, DIY SIP in Equities | |
HDFC Securities is rated of 5 based on 232 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| HDFC Securities | SBI Securities | |
|---|---|---|
232 Customer Reviews  | 165 Customer Reviews | |
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| Overall Rating | | |
| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 232 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| HDFC Securities | SBI Securities | |
|---|---|---|
| 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. |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| HDFC Securities | SBI Securities | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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