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FundsIndia Vs HDFC Securities
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Here is a point by point comparison of FundsIndia Vs HDFC Securities. HDFC Securities began its operations in the year 2000 and today it seems to enjoy well-reputed brand name in the stockbroking industry.
Choosing between a discount broker vs a full-service broker comes down to your own preferences and trading frequency.
FundsIndia Vs HDFC Securities Comparison
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
Discount brokers such as FundsIndia offers trading services at much cheaper brokerage rates and reasonable customer service.
To make things easy for you, we have listed out the comparison between FundsIndia 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
FundsIndia 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.
 |  | |
| HDFC Securities Review | FundsIndia Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2000 | 2009 |
| Number of branches across India | 250 | 1 |
| Exchanges | BSE, NSE | SEBI |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | INR 999 | ₹0 |
| Trading Account Annual Maintenance Charges | INR 0 | ₹200 |
| Demat Account Opening Charges | INR 0 | ₹0 |
| Demat Account Annual Maintenance Charges | INR 750 | ₹0 |
| Transaction Charges | HDFC Securities Transaction Charges | FundsIndia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% or INR 25 whichever is higher | Min. ₹6, Max ₹20 |
| Intraday Delivery | 0.1% | Min. ₹6, Max ₹20 |
| Equity Futures | 0.05% or INR 25 whichever is higher | Min. ₹6, Max ₹20 |
| Equity Options | INR 100 per lot | Min. ₹6, Max ₹20 |
| Currency Futures | INR 23 per contract | NA |
| Currency Options | INR 20 per contract | NA |
| Commodity | NA | NA |
| Calculate Brokerage | HDFC Securities Brokerage Calculator | FundsIndia Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 Times for Intraday & 2 Times for Delivery | Upto 5 Times |
| Equity Futures | NA for Intraday | Upto 5 Times |
| Equity Options | NA for Intraday | Upto 5 Times |
| Currency Futures | NA for Intraday | NA |
| Currency Options | NA for Intraday | NA |
| Commodities | NA | 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) | Blink | FundsIndia Web, FundsIndia Mobile App |
| Complaint Percentage of Active Clients | 0.01% | 0.02% |
| 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.
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FundsIndia Vs HDFC Securities
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