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HDFC Securities Vs AxisDirect (Compare HDFC Securities and AxisDirect)

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

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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HDFC Securities Vs AxisDirect

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  HDFC Securities AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2002 2006
Number of Branches 270 56

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HDFC Securities Vs AxisDirect Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while AxisDirect account opening changes is Rs 900. HDFC Securities Demat Account AMC Charges is Rs 750 and AxisDirect Demat Account AMC Charges is Rs 650.

  HDFC Securities AxisDirect
Trading Account Opening Charges Rs 999 Rs 900
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 750 Rs 650

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HDFC Securities Vs AxisDirect Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type HDFC Securities Lite 199 Yearly Subscription Plan AxisDirect Standard Brokerage Plan
Fixed Charges Rs 199 per year NA
Equity Delivery 0.32% 0.50%
Equity Intraday 0.032% 0.05%
Equity Futures Rs 20 per trade 0.05%
Equity Options Rs 20 per trade Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 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.

HDFC Securities Vs AxisDirect Brokerage Plan 2

  HDFC Securities AxisDirect
Account Type Alpha 1,999 Standard Brokerage Plan
Fixed Charges Rs 1999 per year NA
Equity Delivery 0.18% 0.50%
Equity Intraday 0.018% 0.05%
Equity Futures Rs 20 per trade 0.05%
Equity Options Rs 20 per trade Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot

HDFC Securities Vs AxisDirect Brokerage Plan 3

  HDFC Securities AxisDirect
Account Type Alpha 4999 Yearly Subscription Plan Standard Brokerage Plan
Fixed Charges Rs 4,999 per year NA
Equity Delivery 0.10% 0.50%
Equity Intraday 0.010% 0.05%
Equity Futures Rs 20 per trade 0.05%
Equity Options Rs 20 per trade Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot

HDFC Securities Charges Vs AxisDirect

Minimum Brokerage Rs. 25 per order on equity segment Rs 20 per trade
Other Charges
Call & Trade Charges Rs 0 Rs 20 per call

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HDFC Securities Vs AxisDirect Transaction Charges

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

  HDFC Securities AxisDirect
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 325 per Cr (0.00325%) | 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 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA

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HDFC Securities Vs AxisDirect Leverage (Margin)

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

  HDFC Securities AxisDirect
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 HDFC Securities and AxisDirect Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  HDFC Securities AxisDirect
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:30 PM 3:15
Trading In SME Shares Allowed?
Referral Program Yes
Other Features E-Margin, ENCASH,

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HDFC Securities Vs AxisDirect Review

HDFC Securities is rated 2.1 of 5 based on 231 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 89 customer reviews.

  HDFC Securities AxisDirect
  231 Customer Reviews    Rate HDFC Securities 89 Customer Reviews    Rate AxisDirect
Fees 2.1 2.0
Brokerage 1.8 1.8
Trading Platform 2.8 2.5
Customer Service 2.5 2.1
Research Capabilities 2.6 2.7
Overall Ratings Rated 2.1 stars Rated 2.0 stars
Broker Rating HDFC Securities is rated 2.1 of 5 based on 231 customer reviews AxisDirect is rated 2.0 of 5 based on 89 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire AxisDirect 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.

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HDFC Securities Vs AxisDirect Investment Options

  HDFC Securities AxisDirect
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 Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading Loans, ETF, Corporate FD

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HDFC Securities Vs AxisDirect Order Type Offered

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

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HDFC Securities Vs AxisDirect Research Report

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

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HDFC Securities Vs AxisDirect Suitable For Investor Type

  HDFC Securities AxisDirect
Casual Investor Yes Yes
Active Investor
Trader

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HDFC Securities Vs AxisDirect - Pros and Cons

  HDFC Securities AxisDirect
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.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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 Rs 25
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
Reviews
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  • Pay ₹20 per trade for Intraday & F&O.
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  Special Offer - Free Equity Delivery and Mutual Funds

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  • 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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