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Sharekhan Vs HDFC Securities (Compare Sharekhan and HDFC Securities)

Sharekhan Logo

About Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over the last 10+ years though it's a very successful online trading platform and a chain of franchises located in almost every part of India. Sharekhan also has an inter... 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

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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

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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

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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
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

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.

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

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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 MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) NA

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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)

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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 No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) 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,

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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 226 customer reviews.

  Sharekhan HDFC Securities
  312 Customer Reviews    Rate Sharekhan 226 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 2.7
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 226 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire HDFC Securities Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. 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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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

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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

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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

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Sharekhan Vs HDFC Securities Suitable For Investor Type

  Sharekhan HDFC Securities
Casual Investor Yes Yes
Active Investor Yes
Trader

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Sharekhan Vs HDFC Securities - Pros and Cons

  Sharekhan HDFC Securities
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  • 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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  • 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

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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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