Zeroshulk Vs HDFC Securities
| |Zeroshulk Vs HDFC Securities 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.
Zeroshulk Vs HDFC Securities Comparison
Here is a point by point comparison of Zeroshulk Vs HDFC Securities.
Zeroshulk is a discount stockbroker in partnership with Vikson securities. Today Zeroshulk claims to have 9000+ customers who transact across equities, currencies and commodities. It is known for its flexible brokerage plans.
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.
Discount brokers such as Zeroshulk offer trading services at much cheaper brokerage rates and reasonable customer service.
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. 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 Zeroshulk 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
Zeroshulk 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.
Zeroshulk Review | HDFC Securities Review | |
OVERVIEW | ||
Broker Type | Discount Stock Broker | Full Service Broker |
Incorporated In the Year | 2008 | 2000 |
Number of branches across India | 1 | 250 |
Exchanges | NSE, BSE, MCX, MCX SX | 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 | ₹300 (Free for 1st Year) | ₹750 |
Transaction Charges | Zeroshulk Transaction Charges | HDFC Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per order or ₹999 per month for unlimited trades | 0.5% or INR 25 whichever is higher |
Intraday Delivery | ₹15 per order or ₹999 per month for unlimited trades | 0.1% |
Equity Futures | ₹15 per order or ₹999 per month for unlimited trades | 0.05% or INR 25 whichever is higher |
Equity Options | ₹15 per order or ₹999 per month for unlimited trades | INR 100 per lot |
Currency Futures | ₹15 per order or ₹999 per month for unlimited trades | INR 23 per contract |
Currency Options | ₹15 per order or ₹999 per month for unlimited trades | INR 20 per contract |
Commodity | ₹15 per order or ₹999 per month for unlimited trades | NA |
Calculate Brokerage | Zeroshulk Brokerage Calculator | HDFC Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times Intraday & 3 times for Delivery | Upto 20 Times for Intraday & 2 Times for Delivery |
Equity Futures | Upto 4 times for Intraday | NA for Intraday |
Equity Options | Buying no leverage, Shorting upto 4 times | NA for Intraday |
Currency Futures | Upto 4 times for Intraday | NA for Intraday |
Currency Options | Upto 4 times for Intraday | NA for Intraday |
Commodities | Upto 4 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) | Zeroshulk Web, Zeroshulk Trade and Zeroshulk Mobile | Blink |
Total BSE+NSE Complaints | 21 | 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.
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 Zeroshulk Vs HDFC Securities for the benefits of other readers? Please feel free to share in the comments below.
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