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ICICIdirect Vs HDFC Securities (Compare ICICIdirect and HDFC Securities)

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tradin...

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

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

ICICIdirect Vs HDFC Securities

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.

	ICICIdirect	HDFC Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE
Year of Incorporation	2000	2002
Number of Branches	154	270

ICICIdirect Vs HDFC Securities Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while HDFC Securities account opening changes is Rs 999. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and HDFC Securities Demat Account AMC Charges is Rs 750.

	ICICIdirect	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 300 (from 2nd year)	Rs 750

ICICIdirect Vs HDFC Securities Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032%.

Account Type	ICICIdirect ICICI Neo Plan	HDFC Securities Lite 199 Yearly Subscription Plan
Fixed Charges	NA	Rs 199 per year
Equity Delivery	0.55%	0.32%
Equity Intraday	Rs 20 per order	0.032%
Equity Futures	Rs 0 (Free)	Rs 20 per trade
Equity Options	Rs 20 per order	Rs 20 per trade
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order
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.

ICICIdirect Vs HDFC Securities Brokerage Plan 2

	ICICIdirect	HDFC Securities
Account Type	I-Secure Plan	Alpha 1,999
Fixed Charges	NA	Rs 1999 per year
Equity Delivery	0.55%	0.18%
Equity Intraday	0.275%	0.018%
Equity Futures	0.05%	Rs 20 per trade
Equity Options	Rs 95 per lot	Rs 20 per trade
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order

ICICIdirect Vs HDFC Securities Brokerage Plan 3

	ICICIdirect	HDFC Securities
Account Type	ICICI Neo Plan	Alpha 4999 Yearly Subscription Plan
Fixed Charges	NA	Rs 4,999 per year
Equity Delivery	0.55%	0.10%
Equity Intraday	Rs 20 per order	0.010%
Equity Futures	Rs 0 (Free)	Rs 20 per trade
Equity Options	Rs 20 per order	Rs 20 per trade
Currency Futures	Rs 20 per order
Currency Options	Rs 20 per order
Commodity Futures	Rs 20 per order
Commodity Options	Rs 20 per order

ICICIdirect Charges Vs HDFC Securities

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	Rs. 25 per order on equity segment
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade	Rs 0

ICICIdirect Vs HDFC Securities Transaction Charges

ICICIdirect transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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).

	ICICIdirect	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 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	Group A - Rs 260 per Cr (0.0026%)	NA

ICICIdirect Vs HDFC Securities Leverage (Margin)

ICICIdirect 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.

	ICICIdirect	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)

Compare ICICIdirect and HDFC Securities Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. HDFC Securities offers ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify trading software.

	ICICIdirect	HDFC 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	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	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	Bullet Trading, Can trade in 32 exchanges through Saxo Trader	E-Margin, ENCASH,

ICICIdirect Vs HDFC Securities Review

ICICIdirect is rated 2.3 of 5 based on 482 customer reviews whereas HDFC Securities is rated 2.1 of 5 based on 231 customer reviews.

	ICICIdirect	HDFC Securities
	482 Customer Reviews	231 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.3 of 5 based on 482 customer reviews	HDFC Securities is rated 2.1 of 5 based on 231 customer reviews

Contact Broker / Request A Call Back

	ICICIdirect 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.

ICICIdirect Vs HDFC Securities Investment Options

	ICICIdirect	HDFC Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

ICICIdirect Vs HDFC Securities Order Type Offered

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

ICICIdirect Vs HDFC Securities Research Report

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

ICICIdirect Vs HDFC Securities Suitable For Investor Type

	ICICIdirect	HDFC Securities
Casual Investor
Active Investor
Trader

ICICIdirect Vs HDFC Securities - Pros and Cons

	ICICIdirect	HDFC Securities
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	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	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.	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

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