HDFC Securities Vs ICICI Direct step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.
HDFC Securities Vs ICICI Direct Side-by-side Comparison
| Broker Name | HDFC Securities | ICICI Direct |
| Broker Info | HDFC Securities Review | ICICI Direct Review |
HDFC Securities Vs ICICI Direct Background
| Background | HDFC Securities | ICICI Direct |
| Incorporation Year | 2000 | 2000 |
| Broker Services | Full-Service Broker | Full-Service Broker |
| Website URL | hdfcsec.com | icicidirect.com |
| Contact Number | 022-39019400 | 1860 123 1122 |
| Exchanges Accessible | NSE, BSE | NSE, BSE |
| Demat (NSDL/CDSL) | NSDL & CDSL | NSDL & CDSL |
| Active Total Client | 15,00,000+ Clients | 10,00,000+ Clients |
Introduction
| Introduction | HDFC Securities | ICICI Direct |
| Broker Reviews /Opinion | HDFC Securities is part of hdfc bank and trusted share broker of india. More than 15+ lakh customers trade trough HDFC securities. | ICICI Direct is a subsidiary of ICICI bank. ICICIDirect is India’s one of the top 5 full service stock broker. Offers all services at one place like Trading account+ Bank account+ Demat Account |
Broker Ratings and Reviews Comparison
| Broker Rating/Reviews | HDFC Securities | ICICI Direct |
| Opening Charges | ★★★★ | ★★★★ |
| Commissions & Fees | ★★★ | ★★★★ |
| Trading Platforms & Tools | ★★★★★ | ★★★★ |
| Order Execution | ★★★★★ | ★★★★ |
| Fund Add/Withdraw | ★★★★★ | ★★★★ |
| Customer Services | ★★★★ | ★★★★ |
| Overall Rating | ★★★★ | ★★★★ |
Usable For Investors Category Comparison
| Useful for Type of Investors | HDFC Securities | ICICI Direct |
| Day Traders | Yes, Available ✔ | Yes, Available ✔ |
| Active Investor/Trader | Yes, Available ✔ | Yes, Available ✔ |
| Investor | Yes, Available ✔ | Yes, Available ✔ |
Account Opening Fees and AMC Comparison
| Account Opening Fees and AMC | HDFC Securities | ICICI Direct |
| Trading Account Opening Charges | ₹ 999 | ₹ 975 |
| Trading Annual Maintenance Charges | ₹ 0 | ₹ 0 |
| Demat Account Opening Fees | ₹ 0 | ₹ 0 |
| Demat Annual Maintenance Charges | ₹ 750 | ₹ 700 |
| Commodity Fees | NA | NA |
| Offer DP Service | Yes, Available ✔ | Yes, Available ✔ |
Available Trading Brokerage Plans Comparison
| Available Brokerage Plans | HDFC Securities | ICICI Direct |
| Monthly Subscription | Not Available, ✖ | Not Available, ✖ |
| Yearly Subscription | Not Available, ✖ | Not Available, ✖ |
| Multiple Subscription | Not Available, ✖ | Not Available, ✖ |
Trading Brokerage Charges Comparison
| Brokerage Charges | HDFC Securities | ICICI Direct |
| Plan Subscription Summery | Percentage Based Brokerage Charges | Percentage Based Brokerage Charges |
| Equity Intraday Charges | 0.05% Intraday (Both Side) | Equity Intraday 0.05% |
| Equity Delivery Charges | 0.50% | Delivery 0.25%- Negotiable |
| Equity Futures Charges | 0.05% (Both Side) | One side for Intraday & 0.05% on Turnover overnight |
| Equity Options Charges | ₹ 100/lot or 1% of premium | Intraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot |
| Currency Futures Charges | ₹ 23/per contract | One side for Intraday & 0.05% on Turnover overnight |
| Currency Options Charges | ₹ 20 /per contract | Intraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot |
| Commodity Charges | 0.02% for Intraday & 0.025% for positional | NA |
| Minimum Brokerage Fees | Defualt 0.05% | 0.05% OR 5 Paisa on 100 rupees |
| Any Hidden Cost | No, ✖ | No, ✖ |
| Call & Trade Charges | ₹ 0 (No fees) | First 20 Calls Free Than ₹ 25 per call & trade |
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Available Margins / Leverage Comparison
| Margins or Leverage | HDFC Securities | ICICI Direct |
| Equity Margin Intraday | Upto 20x times for equity cash. | Upto 16x times for equity cash. |
| Equity Margin Delivery | Upto 2x times for equity delivery | Upto 8x times for equity delivery |
| Equity Margin Futures | NA for Intraday | Upto 8x times for equity futures |
| Equity Margin Options | NA for Intraday | Upto 5x times for equity options |
| Currency Margin Futures | NA for Intraday | Upto 8x for currency futures |
| Currency Margin Options | NA for Intraday | Upto 8x for currency options |
| Commodity Margin | NA for Intraday | NA |
Transaction and Other Government Charges, Taxes Comparison
| Transparency & Other Fees | HDFC Securities | ICICI Direct |
| Equity Day Trading | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Delivery | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Futures Trading | 0.00190% or Rs.190/per crore. | 0.0019% or Rs.190/per crore. |
| Equity Options Trading | 0.050% or Rs.5000/per crore. | 0.05% or Rs.5000/per crore. |
| Currency Futures Trading | 0.00110% or Rs.110/per crore. | 0.0011% or Rs.110/per crore. |
| Currency Options Trading | 0.040% or Rs.4000/per crore. | 0.04% or Rs.4000/per crore. |
| Commodities Trading | NA | NA |
| AMC Charge | ₹ 0 (Free) | ₹ 700/- (1st year Free). |
| DP Transaction Fees | ₹ 25/per transaction or 0.04% (whichever is higher) | ₹ 25/per transaction. |
| Offline order placing Charge | ₹ 0 (Free) | ₹ 25 /per call. |
| Sebi Charges | Rs.15/per cr. | Rs.15/per cr. |
| GST | 18% on Brokerage + Transaction charges. | 18% on Brokerage + Transaction charges. |
| Stamp Duty | As per Clients state. | As per Clients state. |
Available Trading Platform / Software Comparison
| Trading Platforms / Software | HDFC Securities | ICICI Direct |
| Desktop Trading Platform | Yes, Available ✔ | Trade Racer |
| Web Based | ntrade.hdfcsec.com | secure.icicidirect.com |
| Mobile Application | HDFC securities MobileTrading | ICICI Direct Mobile |
Trading Platform Details Comparison
| Trading Platform Details | HDFC Securities | ICICI Direct |
| Demo (Desktop) Platform | Yes, Available ✔ | Demo Link |
| Windows Desktop platform | Yes, Available ✔ | Yes, Available ✔ |
| MAC Desktop platform | Yes, Available ✔ | No, ✖ |
| Web Trading URL | Yes, Available ✔ | Yes, Available ✔ |
| Web Trading Portals Info | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Site | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Availability | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Application | Yes, Available ✔ | Yes, Available ✔ |
| Mobile App Demo | Yes, Available ✔ | Yes, Available ✔ |
| Android / Ios Mobile App | Yes, ✔ Both Available | Yes, ✔ Both Available |
Charting Facility Comparison
| Charting | HDFC Securities | ICICI Direct |
| Intraday (Day Chart) | Yes, Available ✔ | Yes, Available ✔ |
| End of Day (Daily Chart) | Yes, Available ✔ | Yes, Available ✔ |
| Coding/Backtesting | No, ✖ | No, ✖ |
Reporting Comparison
| Charting | HDFC Securities | ICICI Direct |
| Intraday (Day Chart) | Yes, Available ✔ | Yes, Available ✔ |
| End of Day (Daily Chart) | Yes, Available ✔ | Yes, Available ✔ |
| Coding/Backtesting | No, ✖ | No, ✖ |
Trading Support and Tools Comparison
| Support & Tools | HDFC Securities | ICICI Direct |
| Research & Tips | Yes, Available ✔ | Yes, Available ✔ |
| Brokerage Calculator | No, ✖ | No, ✖ |
| Span Margin Calculator | No, ✖ | No, ✖ |
| Trailing Stoploss | Yes, Available ✔ | No, ✖ |
| Training & Education | Yes, ✔ Blogs, Articles | Yes, ✔ Blogs, Articles |
Trading Features Comparison
| Useful Trading Features | HDFC Securities | ICICI Direct |
| 3 in 1 Account (Bank+Trading+Demat) | Yes, Available ✔ | Yes, Available ✔ |
| Instant Fund withdrawal | No, ✖ | Yes, Available ✔ |
| Relationship Managers (RM) | Yes, Available ✔ | Yes, Available ✔ |
| Charts | Yes, Available ✔ | Yes, Available ✔ |
| Algo Trading / Robot | No, ✖ | No, ✖ |
| Mobile SMS Alerts | Yes, Available ✔ | Yes, Available ✔ |
| Online Demo | Yes, Available ✔ | Yes, Available ✔ |
| Online Portfolio | Yes, Available ✔ | Yes, Available ✔ |
| Margin for Future Trading | Yes, Available ✔ | Yes, Available ✔ |
| Combined Records for Equity & Commodity | Yes, Available ✔ | Yes, Available ✔ |
| Intraday Sq.off Timing | 3.15 PM | 3.15 PM |
| Can NRI Trade | Yes, Available ✔ | Yes, Available ✔ |
| Extra Features | Ask to Broker | Ask to Broker |
Services and Available Option Category Comparison
| Investment Service and Available Options | HDFC Securities | ICICI Direct |
| Equity Cash & Future & Option | Yes, Available ✔ | Yes, Available ✔ |
| Currency Derivatives (Forex) | Yes, Available ✔ | Yes, Available ✔ |
| Commodity | NA | Yes, Available ✔ |
| Online IPO Request | Yes, Available ✔ | Yes, Available ✔ |
| Mutual Funds (MF) | Yes, Available ✔ | Yes, Available ✔ |
| Bonds / Negotiable Certificate of Deposit | Yes, Available ✔ | Yes, Available ✔ |
| Exchange-Traded Fund (ETF) | Yes, Available ✔ | Yes, Available ✔ |
| Banking Services | Yes, Available ✔ | Yes, Available ✔ |
| Direct Insurance | Yes, Available ✔ | Yes, Available ✔ |
| Forex Investment | Yes, Available ✔ | Yes, Available ✔ |
| MF SIP Investments | Yes, Available ✔ | Yes, Available ✔ |
| PMS Services | Yes, Available ✔ | Yes, Available ✔ |
| Other Options | Ask to Broker | Ask to Broker |
Fund Add / Fund Withdrawal Procedure Comparison
| Fund Add/Withdrawal Process | HDFC Securities | ICICI Direct |
| Fund Pay In and Pay out | Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer | Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer |
| Time for Payout | 24 hours (working days) | 24 hours (working days) |
| Linked Bank | HDFC Bank Account | You can linked ICICI Bank account |
Trading Order Types Comparison
| Trading Order Types | HDFC Securities | ICICI Direct |
| Cash N Carry (CNC Order) | Yes, Available ✔ | Yes, Available ✔ |
| Margin Intraday Square (MIS Order) | Yes, Available ✔ | Yes, Available ✔ |
| Normal (NRML Order) | Yes, Available ✔ | Yes, Available ✔ |
| Cover Order | Yes, Available ✔ | Yes, Available ✔ |
| Bracket Order | Yes, Available ✔ | No, ✖ |
| Buy Today Sell Tomorrow (BTST) | Yes, Available ✔ | No Information |
| Sell Today Buy Tomorrow (STBT) | Yes, Available ✔ | No Information |
| AMO -After Market Order | Yes, Available ✔ | Yes, Available ✔ |
| GTG-Good Till Cancelled | Yes, Available ✔ | Yes, Available ✔ |
Customer Care Services and Numbers Comparison
| Customer Care Services | HDFC Securities | ICICI Direct |
| Customer Care Service 24/7 | No, ✖ | No, ✖ |
| Email Support | Yes, Available ✔ | Yes, Available ✔ |
| Live Chat Online | Yes, Available ✔ | No, ✖ |
| Phone Support | Yes, Available ✔ | Yes, Available ✔ |
| Toll-Free Number | Yes, Available ✔ | Yes, Available ✔ |
| Support by Branch | Yes, Available ✔ | Yes, Available ✔ |
| Customer Care Contact Number | 022-39019400 | 1860 123 1122 |
| Account Opening Procedure | Paperless | Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Complaints Support Email | [email protected] | [email protected] |
| Educational Blog | Yes, Available ✔ | Yes, Available ✔ |
| Head Office Address | HDFC securities Limited, Office Floor 8, “i Think” Bldg, Jolly Board Campus, Kanjurmarg (East), Mumbai – 400042 | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai – 400020 |
Investment Advice/tips/ Research & Reports Comparison
| Investment Advice -Tips, Research & Reports | HDFC Securities | ICICI Direct |
| Equity Research | Yes, Available ✔ | Yes, Available ✔ |
| Mutual Fund Research | Yes, Available ✔ | Yes, Available ✔ |
| ETF Research | No, ✖ | No, ✖ |
| Daily Report | Yes, Available ✔ | Yes, Available ✔ |
| Free Tips- Advisory | Yes, Available ✔ | Yes, Available ✔ |
| Company Result Analysis | Yes, Available ✔ | Yes, Available ✔ |
| News & Alerts | Yes, Available ✔ | Yes, Available ✔ |
HDFC Securities Vs ICICI Direct Advantages & Disadvantages Comparison
| Advantages & Disadvantages | HDFC Securities | ICICI Direct |
| Pros / Likes | 3-in-1 Account | 3-IN-1 Account Available |
| One of the Trustable stock broker. | Excellent Customer Care Support | |
| Pan india presence | Branches in your city. | |
| Nice customer care support | Fast & Secure Trading Platform | |
| Good equity research | Experince in stock broking | |
| Cons / Dislikes | High Account Opening Fees | High Brokerage Charges |
| Slightly High Brokerage | MCX and NCDEX commodity trading is unavailable. | |
| No Algo Trading | Higher charges of Rs.25 per transaction for Demat. | |
| No Brokerage Calculator | Rs.25 Extra for call n trade. | |
| Promotion or offer | Free Call & Trade, Zero AMC | 1st Year Free Demat Annual Maintenance Charges (AMC) |
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