FREE Account Opening + No Clearing Fees
Loading...

Sharekhan Vs HDFC Securities (Compare Sharekhan and HDFC Securities)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

HDFC Securities Ltd Logo

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 and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust... Know more about HDFC Securities Ltd

Expand

Sharekhan Vs HDFC Securities

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India.

  Sharekhan HDFC Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 2000 2002
Number of Branches 2800 270

Expand

Sharekhan Vs HDFC Securities Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while HDFC Securities account opening changes is Rs 999. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and HDFC Securities Demat Account AMC Charges is Rs 750.

  Sharekhan HDFC Securities
Trading Account Opening Charges Rs 0 (Free) Rs 999
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 750

Expand

Sharekhan Vs HDFC Securities Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032%.

Account Type Sharekhan Classic Account HDFC Securities Lite 199 Yearly Subscription Plan
Fixed Charges Rs 199 per year
Equity Delivery 0.30% on market rate or minimum 1 paisa per share 0.32%
Equity Intraday 0.02% on market rate or minimum 1 paisa per share 0.032%
Equity Futures 0.02% per transaction value Rs 20 per trade
Equity Options Rs 20 per lot Rs 20 per trade
Currency Futures 0.02% per transaction value
Currency Options Rs 5 per lot
Commodity Futures 0.02%
Commodity Options Rs 20 per lot
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.

Sharekhan Vs HDFC Securities Brokerage Plan 2

  Sharekhan HDFC Securities
Account Type Prepaid - Rs 1 Lakh Alpha 1,999
Fixed Charges Rs 1,00,000 per year Rs 1999 per year
Equity Delivery 0.10% 0.18%
Equity Intraday 0.015% 0.018%
Equity Futures 0.015% Rs 20 per trade
Equity Options 0.05% or Rs 63 per lot Rs 20 per trade
Currency Futures
Currency Options
Commodity Futures
Commodity Options

Sharekhan Vs HDFC Securities Brokerage Plan 3

  Sharekhan HDFC Securities
Account Type Margin - Rs 1 Lakh Alpha 4999 Yearly Subscription Plan
Fixed Charges Rs 1,00,000 margin Rs 4,999 per year
Equity Delivery 0.25% 0.10%
Equity Intraday 0.05% 0.010%
Equity Futures 0.05% Rs 20 per trade
Equity Options 1% or Rs 70 per lot Rs 20 per trade
Currency Futures
Currency Options
Commodity Futures
Commodity Options

Sharekhan Charges Vs HDFC Securities

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs. 25 per order on equity segment
Other Charges
Call & Trade Charges Rs 20 Rs 0

Expand

Sharekhan Vs HDFC Securities Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (on premium) while HDFC Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Sharekhan HDFC Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05% NA

Expand

Sharekhan Vs HDFC Securities Leverage (Margin)

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

  Sharekhan HDFC 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)

Expand

Compare Sharekhan and HDFC Securities Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. HDFC Securities offers ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify trading software.

  Sharekhan HDFC Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No
Trading Platform TradeTiger, Sharekhan Mobile ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify
Intraday Square-off Time 3:30 PM 3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Pattern finder, Class room training E-Margin, ENCASH,

Expand

Sharekhan Vs HDFC Securities Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas HDFC Securities is rated 2.1 of 5 based on 230 customer reviews.

  Sharekhan HDFC Securities
  312 Customer Reviews    Rate Sharekhan 230 Customer Reviews    Rate HDFC Securities
Fees 3.0 2.1
Brokerage 2.8 1.8
Trading Platform 3.7 2.8
Customer Service 3.3 2.5
Research Capabilities 3.1 2.6
Overall Ratings Rated 3.3 stars Rated 2.1 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 customer reviews HDFC Securities is rated 2.1 of 5 based on 230 customer reviews

Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire HDFC 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.

Expand

Sharekhan Vs HDFC Securities Investment Options

  Sharekhan HDFC Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

Expand

Sharekhan Vs HDFC Securities Order Type Offered

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

Expand

Sharekhan Vs HDFC Securities Research Report

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

Expand

Sharekhan Vs HDFC Securities Suitable For Investor Type

  Sharekhan HDFC Securities
Casual Investor Yes Yes
Active Investor Yes
Trader

Expand

Sharekhan Vs HDFC Securities - Pros and Cons

  Sharekhan HDFC Securities
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
  • 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.
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
  • 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
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

Comments

Add a public comment...

Compare Sharekhan Compare HDFC Securities
Compare More Brokers: