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HDFC Securities Vs Zerodha Share Broker Comparison

The side-by-side comparison of HDFC Securities Ltd and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between HDFC Securities and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among HDFC Securities and Zerodha.

  HDFC Securities Ltd Zerodha
 
HDFC Securities Ltd Logo Zerodha Logo
About the Broker 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 wi... Know more about HDFC Securities Ltd Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed... Know more about Zerodha
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE NSE, BSE, MCX and NCDEX
Account Type Online Trading Standard Plan
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 Zerodha. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  HDFC Securities Ltd Zerodha
Trading Account Opening Fees ₹999 ₹300
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹100
Demat Account AMC ₹750 ₹300
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  HDFC Securities Ltd Zerodha
Account Type Online Trading Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.50% ₹0 (Free)
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 ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges ₹25 plus taxes ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges ₹0 ₹20 per executed order
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Taxes

  HDFC Securities Ltd Zerodha
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  HDFC Securities Ltd Zerodha
Equity Delivery 0.00325% NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday 0.00325% NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures .00190% NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options 0.050% (on premium) NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures 0.00110% NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options 0.040% (on premium) NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity NA Group A - ₹260 per Cr (0.0026%)
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Exposure

  HDFC Securities Ltd Zerodha
Equity Delivery 2x with Intrest 1x (no margin)
Equity Intraday Upto 20x Up to 20x (based on the stock)
Equity Futures Nil Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Nil Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures Nil Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Nil Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Nil Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
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Share Broker Features

  HDFC Securities Ltd Zerodha
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available 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 Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time 3:30 PM 3:10 PM
Other Features E-Margin, ENCASH, Direct Mutual Funds, APIs
Referral Program
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Broker Ratings (Average User Rating)

  HDFC Securities Ltd Zerodha
  167 Customer Reviews    Rate HDFC Securities 336 Customer Reviews    Rate Zerodha
Fees Ratings 2.1 3.8
Trading Brokerage Rating 1.9 4.4
Trading Platform Usability 2.9 3.6
Customer Service Ratings 2.6 3.5
Overall Ratings Rated 2.2 stars Rated 3.8 stars
Broker Rating HDFC Securities is Rated 2.2 / 5 based on 167 customer reviews Zerodha is Rated 3.8 / 5 based on 336 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities Ltd Zerodha
Contact / Request Call Back
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Investment Options Available

  HDFC Securities Ltd Zerodha
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading
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Customer Service Offered

  HDFC Securities Ltd Zerodha
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes No
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Order Type

  HDFC Securities Ltd Zerodha
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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Research / Tips / Reports Published

  HDFC Securities Ltd Zerodha
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  HDFC Securities Ltd Zerodha
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  HDFC Securities Ltd Zerodha
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.

More Advantages...

  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms made available for free to all its customers.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • 10% referral credit for reffering new customers.
  • Direct Mutual Fund Investment is available.
  • Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

More Advantages...

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 ₹25

More Disadvantages...

  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

More Disadvantages...

Reviews Useful Articles about Zerodha:
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.

Truly free equity delivery trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Enquire about HDFC Securities Enquire about Zerodha
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