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Sharekhan Vs HDFC Securities
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Sharekhan Vs HDFC Securities is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Sharekhan Vs HDFC Securities so that you get a 360-degree view about which broker to go ahead with.
Sharekhan and HDFC Securities both began their operations in the year 2000 and today they seem to enjoy well-reputed brand names in the stockbroking industry. Where Sharekhan is one of the leading names in mainstream full-service stockbrokers cohort, HDFC Securities is one of the top bank-based full-service stockbrokers in India.
Both stockbrokers provide offline presence, reasonable research to go along with consistent customer support to its clients. Furthermore, both stockbrokers fall in India’s top 5 stockbrokers as far as the count of Active clients is concerned.
Full-service stockbrokers such as Sharekhan, will help you, spoon feed you, handhold you through the process, even if you need offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
We have listed out the comparison of both Sharekhan and HDFC Securities to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Feel free to check their individual reviews in order to get a complete understanding of this stockbrokers.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| HDFC Securities Review | Sharekhan Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2000 | 2000 |
| Number of branches across India | 250 | 1950 |
| Exchanges | BSE, NSE | BSE, NSE, MCX, NCDEX, NSEL |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹999 | ₹750 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹750 | ₹450 |
| Transaction Charges | HDFC Securities Transaction Charges | Sharekhan Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% or INR 25 whichever is higher | 0.5% |
| Intraday Delivery | 0.1% | 0.1% |
| Equity Futures | 0.05% or INR 25 whichever is higher | 0.1% |
| Equity Options | INR 100 per lot | ₹100 or 2.5% on Premium (whichever is higher of the two) |
| Currency Futures | INR 23 per contract | 0.1% |
| Currency Options | INR 20 per contract | ₹100 or 2.5% on Premium (whichever is higher of the two) |
| Commodity | NA | 0.1% |
| Calculate Brokerage | HDFC Securities Brokerage Calculator | Sharekhan Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 Times for Intraday & 2 Times for Delivery | Upto 10 Times for Intraday & 5 Times for Delivery |
| Equity Futures | NA for Intraday | Upto 2 times for Intraday |
| Equity Options | NA for Intraday | No Leverage |
| Currency Futures | NA for Intraday | No Leverage |
| Currency Options | NA for Intraday | No Leverage |
| Commodities | NA | Upto 2 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| Research | Sharekhan Research | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity |  | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| Customer Care | HDFC Securities Customer Care | Sharekhan Customer Care |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Brokerage Calculator | | |
| Margin Calculator | | |
| Customer Training & Education | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Blink | Trade Tiger, Sharekhan Mobile Trading App, Sharekhan Mini |
| Complaint Percentage for Active Clients | 0.01% | 0.01% |
| Compaints | HDFC Securities Complaints | Sharekhan Complaints |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Have you in the past or are currently trading with any of the above stockbrokers. If yes, would you like to share your experience(s) with Sharekhan Vs HDFC Securities for the benefits of other readers? Please feel free to share in the comments below.
Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Sharekhan Vs HDFC Securities
Overall Rating
