Sharekhan Vs HDFC Securities (Compare Sharekhan and HDFC Securities)


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 last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


HDFC Securities
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 with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and... 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
Open an Online Trading Account with Sharekhan.Open an Online Trading Account with HDFC Securities.
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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 Charges & Plans

Sharekhan Vs HDFC Securities Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

  Sharekhan HDFC Securities
Account Type Classic Account Online Trading
Fixed Charges NA
Equity Delivery 0.50% 0.50%
Equity Intraday 0.10% 0.05%
Equity Futures 0.10% 0.05%
Equity Options Rs 50 per lot Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures 0.10% Rs 23 per contract
Currency Options Rs 30 per lot Rs 20 per contract
Commodity Futures 0.03% 0.02% for Intraday / 0.025% for positional
Commodity Options 0.03% 0.02% for Intraday / 0.025% for positional
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
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.

Sharekhan Vs HDFC Securities Brokerage Plan 2

  Sharekhan HDFC Securities
Account Type Prepaid - ₹1 Lakh Online Trading
Fixed Charges Rs 1,00,000 per year NA
Equity Delivery 0.10% 0.50%
Equity Intraday 0.015% 0.05%
Equity Futures 0.015% 0.05%
Equity Options 0.05% or Rs 63 per lot Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures Rs 23 per contract
Currency Options Rs 20 per contract
Commodity Futures 0.02% for Intraday / 0.025% for positional
Commodity Options 0.02% for Intraday / 0.025% for positional
Enquire SharekhanEnquire HDFC Securities

Sharekhan Vs HDFC Securities Brokerage Plan 3

  Sharekhan HDFC Securities
Account Type Margin - ₹1 Lakh Online Trading
Fixed Charges Rs 1,00,000 margin NA
Equity Delivery 0.25% 0.50%
Equity Intraday 0.05% 0.05%
Equity Futures 0.05% 0.05%
Equity Options 1% or Rs 70 per lot Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures Rs 23 per contract
Currency Options Rs 20 per contract
Commodity Futures 0.02% for Intraday / 0.025% for positional
Commodity Options 0.02% for Intraday / 0.025% for positional
Enquire SharekhanEnquire HDFC Securities

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 plus taxes
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 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while HDFC Securities exchange transaction charges for options is 0.050% (on premium).

  Sharekhan HDFC Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) 0.00325%
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) 0.00325%
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) .00190%
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) 0.050% (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) 0.00110%
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) 0.040% (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 6 times of the trade value based on the volatility of the stock whereas the HDFC 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.

  Sharekhan HDFC 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)
Enquire SharekhanEnquire HDFC Securities
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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
Other Features Pattern finder, Class room training E-Margin, ENCASH,
Referral Program
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Sharekhan Vs HDFC Securities Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas HDFC Securities is rated 2.2 of 5 based on 208 customer reviews.

  Sharekhan HDFC Securities
  301 Customer Reviews    Rate Sharekhan 208 Customer Reviews    Rate HDFC Securities
Fees 3.0 2.1
Brokerage 2.8 1.8
Trading Platform 3.7 2.9
Customer Service 3.3 2.5
Research Capabilities 3.0 2.6
Overall Ratings Rated 3.3 stars Rated 2.2 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 301 customer reviews HDFC Securities is rated 2.2 of 5 based on 208 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.
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.
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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

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.

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.

Enquire SharekhanEnquire HDFC Securities

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