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HDFC Securities Vs SBI Securities (Compare HDFC Securities and SBI Securities)

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...

HDFC Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...

SBI Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

HDFC Securities Vs SBI Securities

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

	HDFC Securities	SBI Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE
Year of Incorporation	2002	2001
Number of Branches	270	117

HDFC Securities Vs SBI Securities Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while SBI Securities account opening changes is Rs 850. HDFC Securities Demat Account AMC Charges is Rs 750 and SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year).

	HDFC Securities	SBI Securities
Trading Account Opening Charges	Rs 999	Rs 850
Trading Account AMC Charges	Rs 0
Demat Account Opening Charges	Rs 0
Demat Account AMC Charges	Rs 750	Rs 750 (Free for 1st Year)

HDFC Securities Vs SBI Securities Brokerage

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

Account Type	HDFC Securities Lite 199 Yearly Subscription Plan	SBI Securities
Fixed Charges	Rs 199 per year
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	Rs 100 per lot (sell and buy side)
Currency Futures		0.03%
Currency Options		Rs 30 per lot
Commodity Futures		0.05%
Commodity Options		Rs 100 (sell and buy side)
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 SBI Securities Brokerage Plan 2

	HDFC Securities	SBI Securities
Account Type	Alpha 1,999
Fixed Charges	Rs 1999 per year
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	Rs 100 per lot (sell and buy side)
Currency Futures		0.03%
Currency Options		Rs 30 per lot
Commodity Futures		0.05%
Commodity Options		Rs 100 (sell and buy side)

HDFC Securities Vs SBI Securities Brokerage Plan 3

	HDFC Securities	SBI Securities
Account Type	Alpha 4999 Yearly Subscription Plan
Fixed Charges	Rs 4,999 per year
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	Rs 100 per lot (sell and buy side)
Currency Futures		0.03%
Currency Options		Rs 30 per lot
Commodity Futures		0.05%
Commodity Options		Rs 100 (sell and buy side)

HDFC Securities Charges Vs SBI Securities

Minimum Brokerage	Rs. 25 per order on equity segment	Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges	Rs 0	Rs 10 per call (after 30 free calls a month)

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

	HDFC Securities	SBI Securities
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 322 per Cr (0.00322%) \| 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 322 per Cr (0.00322%) \| 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

HDFC Securities Vs SBI Securities Leverage (Margin)

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

	HDFC Securities	SBI 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)

Compare HDFC Securities and SBI Securities Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.

	HDFC Securities	SBI Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time	3:30 PM	2:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	E-Margin, ENCASH,

HDFC Securities Vs SBI Securities Review

HDFC Securities is rated 2.1 of 5 based on 231 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 163 customer reviews.

	HDFC Securities	SBI Securities
	231 Customer Reviews	163 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.1 of 5 based on 231 customer reviews	SBI Securities is rated 2.5 of 5 based on 163 customer reviews

Contact Broker / Request A Call Back

	HDFC Securities Enquire	SBI 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.

HDFC Securities Vs SBI Securities Investment Options

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

HDFC Securities Vs SBI Securities Order Type Offered

	HDFC Securities	SBI Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

HDFC Securities Vs SBI Securities Research Report

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

HDFC Securities Vs SBI Securities Suitable For Investor Type

	HDFC Securities	SBI Securities
Casual Investor
Active Investor
Trader

HDFC Securities Vs SBI Securities - Pros and Cons

	HDFC Securities	SBI Securities
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.	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.
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	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.
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

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