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Zipper Trade Vs HDFC Securities
| | Broker Comparison, Trading | No Comments
Zipper Trade Vs HDFC Securities comparison here talks about the differences between these two stockbrokers in terms of multiple aspects. If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.
Here are the details:
Zipper Trade Vs HDFC Securities Comparison
Here is a point by point comparison of Zipper Trade Vs HDFC Securities.
HDFC Securities is the equity trading arm of HDFC Bank. It was founded in the year 2000 as a joint venture between HDFC Limited, HDFC Bank Limited and IndOcean E-Securities Holding limited.
Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stock holding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.
Full-service brokers such as HDFC Securities will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Discount brokers such as Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Zipper Trade vs 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
Zipper Trade Vs HDFC Securities Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Zipper Trade Review | HDFC Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Stock Broker | Full Service Broker |
| Incorporated In the Year | 2016 | 2000 |
| Number of branches across India | 1 | 250 |
| Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹999 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹750 |
| Transaction Charges | Zipper Trade Transaction Charges | HDFC Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.1% of turnover (whichever is lower) | 0.5% or INR 25 whichever is higher |
| Intraday Delivery | ₹15 per executed order or 0.1% of turnover (whichever is lower) | 0.1% |
| Equity Futures | ₹15 per executed order or 0.1% of turnover (whichever is lower) | 0.05% or INR 25 whichever is higher |
| Equity Options | ₹15 per executed order | INR 100 per lot |
| Currency Futures | ₹15 per executed order or 0.1% of turnover (whichever is lower) | INR 23 per contract |
| Currency Options | ₹15 per executed order | INR 20 per contract |
| Commodity | ₹15 per executed order | NA |
| Calculate Brokerage | Zipper Trade Brokerage Calculator | HDFC Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, No exposure for Delivery | Upto 20 Times for Intraday & 2 Times for Delivery |
| Equity Futures | 2 times for Intraday | NA for Intraday |
| Equity Options | 3 times for Intraday | NA for Intraday |
| Currency Futures | 2 times for Intraday | NA for Intraday |
| Currency Options | 3 times for Intraday | NA for Intraday |
| Commodities | 2 times for Intraday | NA |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | ODIN Diet, NOW Online | Blink |
| Complaints percentage | 0.05% | 0.01% |
| 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.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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 Zipper Trade Vs HDFC Securities for the benefits of other readers?
Please feel free to share in the comments below.
Finally, if you would like to get started with stock market trading or investments in general with a trading and demat account, let us assist you in taking the next steps forward:
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A Digital Blogger
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Zipper Trade vs HDFC Securities
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