HDFC Securities Vs Sharekhan 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 Sharekhan Side-by-side Comparison
| Broker Name | HDFC Securities | Sharekhan Securities |
| Broker Info | HDFC Securities Review | Sharekhan Review |
HDFC Securities Vs Sharekhan Background
| Background | HDFC Securities | Sharekhan Securities |
| Incorporation Year | 2000 | Feb, 2000 |
| Broker Services | Full-Service Broker | Full-Service Broker |
| Website URL | hdfcsec.com | sharekhan.com |
| Contact Number | 022-39019400 | 022 330546000 |
| Exchanges Accessible | NSE, BSE | NSE, BSE, MCX-SX, MCX & NCDEX |
| Demat (NSDL/CDSL) | NSDL & CDSL | NSDL & CDSL |
| Active Total Client | 15,00,000+ Clients | 5,00,000+ Clients |
Introduction
| Introduction | HDFC Securities | Sharekhan Securities |
| 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. | Sharekhan securities has great brand value. One of the largest stock broking company in India. Sharekhan has presences in almost all Indian cities. Provide great trading platform and first broker introduced bracket and trailing stoploss order. |
Broker Ratings and Reviews Comparison
| Broker Rating/Reviews | HDFC Securities | Sharekhan Securities |
| 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 | Sharekhan Securities |
| 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 | Sharekhan Securities |
| Trading Account Opening Charges | ₹ 999 | ₹ 750 for Classic & ₹ 1000 for Trade Tiger |
| Trading Annual Maintenance Charges | ₹ 0 | ₹ 0 |
| Demat Account Opening Fees | ₹ 0 | ₹ 0 |
| Demat Annual Maintenance Charges | ₹ 750 | ₹ 450 |
| Commodity Fees | NA | ₹ 0 |
| Offer DP Service | Yes, Available ✔ | Yes, Available ✔ |
Available Trading Brokerage Plans Comparison
| Available Brokerage Plans | HDFC Securities | Sharekhan Securities |
| 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 | Sharekhan Securities |
| Plan Subscription Summery | Percentage Based Brokerage Charges | Percentage Based Brokerage Charges |
| Equity Intraday Charges | 0.05% Intraday (Both Side) | 0.10% for Intraday |
| Equity Delivery Charges | 0.50% | 0.50% for Delivery – Negotiable |
| Equity Futures Charges | 0.05% (Both Side) | 0.10% on one side oniy for intraday sq.off & 0.10% on second side if sq.off on next next |
| Equity Options Charges | ₹ 100/lot or 1% of premium | Rs.100 per Lot |
| Currency Futures Charges | ₹ 23/per contract | 0.10% |
| Currency Options Charges | ₹ 20 /per contract | ₹ 20/lot- Negotiable |
| Commodity Charges | 0.02% for Intraday & 0.025% for positional | 0.10% |
| Minimum Brokerage Fees | Defualt 0.05% | Defualt 0.10% |
| Any Hidden Cost | No, ✖ | No, ✖ |
| Call & Trade Charges | ₹ 0 (No fees) | Free |
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Available Margins / Leverage Comparison
| Margins or Leverage | HDFC Securities | Sharekhan Securities |
| Equity Margin Intraday | Upto 20x times for equity cash. | Upto 32x times for equity cash. |
| Equity Margin Delivery | Upto 2x times for equity delivery | Upto 15x times for equity delivery |
| Equity Margin Futures | NA for Intraday | Upto 15x times for equity futures |
| Equity Margin Options | NA for Intraday | Upto 10x times for equity options |
| Currency Margin Futures | NA for Intraday | Upto 8x for currency futures |
| Currency Margin Options | NA for Intraday | Upto 10x for currency options |
| Commodity Margin | NA for Intraday | Upto 10x times for Commodity |
Transaction and Other Government Charges, Taxes Comparison
| Transparency & Other Fees | HDFC Securities | Sharekhan Securities |
| 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. | 0.0021% or Rs.210/per crore. |
| Equity Options Trading | 0.050% or Rs.5000/per crore. | 0.055% or Rs.5500/per crore. |
| Currency Futures Trading | 0.00110% or Rs.110/per crore. | 0.0013% or Rs.130/per crore. |
| Currency Options Trading | 0.040% or Rs.4000/per crore. | 0.042% or Rs.4200/per crore. |
| Commodities Trading | NA | NA |
| AMC Charge | ₹ 0 (Free) | ₹ 400/- (1st year Free). |
| DP Transaction Fees | ₹ 25/per transaction or 0.04% (whichever is higher) | ₹ 16/per transaction. |
| Offline order placing Charge | ₹ 0 (Free) | Free |
| 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 | Sharekhan Securities |
| Desktop Trading Platform | Yes, Available ✔ | Trade Tiger |
| Web Based | ntrade.hdfcsec.com | newtrade.sharekhan.com |
| Mobile Application | HDFC securities MobileTrading | Sharekhan Mobile App |
Trading Platform Details Comparison
| Trading Platform Details | HDFC Securities | Sharekhan Securities |
| Demo (Desktop) Platform | Yes, Available ✔ | Yes, Available ✔ |
| 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 | Sharekhan Securities |
| Intraday (Day Chart) | Yes, Available ✔ | Yes, Available ✔ |
| End of Day (Daily Chart) | Yes, Available ✔ | Yes, Available ✔ |
| Coding/Backtesting | No, ✖ | No, ✖ |
Reporting Comparison
| Reporting | HDFC Securities | Sharekhan Securities |
| Trade Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| PNL Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| Online Contract Notes | Yes, Available ✔ | Yes, Available ✔ |
Trading Support and Tools Comparison
| Support & Tools | HDFC Securities | Sharekhan Securities |
| Research & Tips | Yes, Available ✔ | Yes, Available ✔ |
| Brokerage Calculator | No, ✖ | No, ✖ |
| Span Margin Calculator | No, ✖ | No, ✖ |
| Trailing Stoploss | Yes, Available ✔ | Yes, Available ✔ |
| Training & Education | Yes, ✔ Blogs, Articles | Yes, ✔ Blogs, Articles |
Trading Features Comparison
| Useful Trading Features | HDFC Securities | Sharekhan Securities |
| 3 in 1 Account (Bank+Trading+Demat) | Yes, Available ✔ | No, ✖ |
| Instant Fund withdrawal | No, ✖ | No, ✖ |
| 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 | Sharekhan Securities |
| 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 ✔ | No, ✖ |
| 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 | Sharekhan Securities |
| 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 | Near about 22 bank available for fund credit and Rs.9 for per transaction. |
Trading Order Types Comparison
| Trading Order Types | HDFC Securities | Sharekhan Securities |
| 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 ✔ | Yes, Available ✔ |
| Buy Today Sell Tomorrow (BTST) | Yes, Available ✔ | Yes, Available ✔ |
| Sell Today Buy Tomorrow (STBT) | Yes, Available ✔ | Yes, Available ✔ |
| 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 | Sharekhan Securities |
| Customer Care Service 24/7 | No, ✖ | No, ✖ |
| Email Support | Yes, Available ✔ | Yes, Available ✔ |
| Live Chat Online | Yes, Available ✔ | Yes, Available ✔ |
| 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 | 022 25753200 |
| 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 | Sharekhan Securities |
| 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 Sharekhan Advantages & Disadvantages Comparison
| Advantages & Disadvantages | HDFC Securities | Sharekhan Securities |
| Pros / Likes | 3-in-1 Account | Most know Stock broker in India |
| One of the Trustable stock broker. | Very good Customer Care Support | |
| Pan india presence | Pan India presence | |
| Nice customer care support | Fast & high tech trading platform | |
| Good equity research | Excellent equity research | |
| Cons / Dislikes | High Account Opening Fees | High Brokerage charges |
| Slightly High Brokerage | ETF Research not available | |
| No Algo Trading | 3-in-1 account not available | |
| No Brokerage Calculator | No Algo Trading | |
| Promotion or offer | Free Call & Trade, Zero AMC | 1st Year Free Demat Annual Maintenance Charges (AMC) |
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