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HDFC Securities Vs F6 Online
| | Broker Comparison, Trading | No Comments
HDFC Securities Vs F6 Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
HDFC Securities Vs F6 Online Comparison
Here is a point by point comparison of HDFC Securities Vs F6 Online.
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.
F6 Online is an evolving discount broker with a fixed price monthly and yearly subscription plans for its clients. One of the best parts of F6 Online is that it has no annual maintenance changes involved in its pricing which is one of its own kind in this competitive stock broking space.
Everything about discount brokers such as F6 Online is Online, be it – customer service, trading, account opening etc.
Full-service brokers such as HDFC Securities, on the other hand, 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.
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 HDFC Securities Vs F6 Online 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
HDFC Securities Vs F6 Online 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.
 |  | |
| F6 Online Review | HDFC Securities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2013 | 2000 |
| Number of branches across India | 7 | 250 |
| Exchanges | NSE, BSE, MCX, NCDEX and NMCE | BSE, NSE |
| Transaction Charges | HDFC Securities Transaction Charges | |
| 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 | F6 Online Transaction Charges | HDFC Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹666 per month or ₹6666 per year | 0.5% or INR 25 whichever is higher |
| Intraday Delivery | ₹666 per month or ₹6666 per year | 0.1% |
| Equity Futures | ₹666 per month or ₹6666 per year | 0.05% or INR 25 whichever is higher |
| Equity Options | ₹666 per month or ₹6666 per year | INR 100 per lot |
| Currency Futures | ₹666 per month or ₹6666 per year | INR 23 per contract |
| Currency Options | ₹666 per month or ₹6666 per year | INR 20 per contract |
| Commodity | ₹666 per month or ₹6666 per year | NA |
| Calculate Brokerage | HDFC Securities Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Upto 20 Times for Intraday & 2 Times for Delivery |
| Equity Futures | Upto 4 times | NA for Intraday |
| Equity Options | NA | NA for Intraday |
| Currency Futures | Upto 4 times | NA for Intraday |
| Currency Options | NA | NA for Intraday |
| Commodities | 4 times of limit in the liquid commodities including Metals and Crude with no leverage in Agri commodities | 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) | F6 Online Web LIVE, F6 Online Mobile app | Blink |
| Total BSE+NSE Complaints | 88 | 88 |
| 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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HDFC Securities Vs F6 Online
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