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Indiabulls Vs HDFC Securities
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Indiabulls 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 Indiabulls Vs HDFC Securities so that you get a 360-degree view about which broker to go ahead with.
Indiabulls Vs HDFC Securities Comparison
Here is a point by point comparison of Indiabulls Vs HDFC Securities.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
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.
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 Indiabulls Ventures 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 Indiabulls 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
Indiabulls Vs HDFC Securities Details
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.
 |  | |
| Indiabulls Ventures Review | HDFC Securities Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 2000 | 2000 |
| Number of branches across India | 150 | 250 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹450 | ₹999 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹450 (Free 1st Year) | ₹750 |
| Transaction Charges | Indiabulls Transaction Charges | HDFC Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.01% | 0.5% or INR 25 whichever is higher |
| Intraday Delivery | ₹15 per executed order or 0.01% (whichever is lower) | 0.1% |
| Equity Futures | ₹15 per executed order or 0.01% (whichever is lower) | 0.05% or INR 25 whichever is higher |
| Equity Options | ₹15 per lot | INR 100 per lot |
| Currency Futures | ₹15 per executed order or 0.01% (whichever is lower) | INR 23 per contract |
| Currency Options | ₹15 per lot | INR 20 per contract |
| Commodity | ₹15 per executed order or 0.01% (whichever is lower) | NA |
| Calculate Brokerage | Indiabulls Brokerage Calculator | HDFC Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, & 3 times for Delivery | Upto 20 Times for Intraday & 2 Times for Delivery |
| Equity Futures | Upto 3 times Intraday | NA for Intraday |
| Equity Options | NA | NA for Intraday |
| Currency Futures | Upto 3 times Intraday | NA for Intraday |
| Currency Options | NA | NA for Intraday |
| Commodities | Upto 3 times 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) | Power Indiabulls, Online Trading, Indiabulls Shubh | Blink |
| Total BSE+NSE Complaints | 43 | 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.
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 Indiabulls Vs HDFC Securities for the benefits of other readers? Please feel free to share in the comments below.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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Indiabulls Vs HDFC Securities
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