Yes Securities Vs HDFC Securities
| |Yes Securities 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:
Yes Securities Vs HDFC Securities Comparison
Here is a point by point comparison of Yes Securities 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. The broker stays as one of the top 5 stock brokers in India in terms of the number of active clients.
Yes Securities, a bank based full-service stockbroker, was established in 2013 and has its headquarters in Mumbai. The broker offers free demat and trading account and along with that also provides tips and research to its clients at a reasonable brokerage percentage-based rate.
Full-service brokers such as Yes Securities or 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 Yes Securities 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
Yes Securities 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 | Yes Securities Review | |
OVERVIEW | ||
Incorporated In the Year | 2000 | 2013 |
Number of branches across India | 250 | 52 |
Exchanges | BSE, NSE | BSE, NSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹999 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹750 | ₹500 |
Transaction Charges | HDFC Securities Transaction Charges | Yes Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.5% or ₹25 whichever is higher | 0.45% or ₹25 whichever is higher |
Intraday Delivery | 0.1% | 0.05% |
Equity Futures | 0.05% or ₹25 whichever is higher | 0.05% |
Equity Options | ₹100 per lot | ₹75 per lot |
Currency Futures | ₹23 per contract | 0.05% |
Currency Options | ₹20 per contract | ₹75 per lot |
Commodity | NA | NA |
Calculate Brokerage | HDFC Securities Brokerage Calculator | Yes Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 Times for Intraday & 2 Times for Delivery | Intraday upto 5 times |
Equity Futures | NA for Intraday | Upto 3 times for intraday |
Equity Options | NA for Intraday | Buying No Leverage, Shorting upto 3 times for Intraday |
Currency Futures | NA for Intraday | Upto 2 times for intraday |
Currency Options | NA for Intraday | Buying No Leverage, Shorting upto 3 times for Intraday |
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 | Yes Web, Mobile App |
Complaint %age against the broker | 0.08% | 0.09% |
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 Yes Securities 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: