HDFC Securities Vs MDirect
Here we present 1 on 1 comparison of HDFC Securities Ltd vs MDirect share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared HDFC Securities vs MDirect's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share Market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.
Compare HDFC Securities Ltd vs MDirect - Broker type and exchange supported
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HDFC Securities Ltd |
MDirect |
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| Broker Overview |
Runner up in the "Best e-brokerage House" category by Outlook Money, HDFC Securities offers both retail and institutional brokering with 250 branches and more than 1.5 million customers. HDFC securities also serves as a distributor of financial produ...  |
MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price. |
| Broker Type
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Full Service Broker |
Discount Broker |
| Exchanges Supported
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BSE, NSE |
BSE,NSE,MCX,NCDEX,MSEI |
| Broker Enquiry |
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Account Opening Charges and AMC
Compare HDFC Securities Ltd vs MDirect - Trading and Demat Account Charges
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HDFC Securities Ltd |
MDirect |
| Trading Account Opening Fees
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Rs 999(Trading+Demat) |
Rs 500 |
| Trading AMC
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Adjusted in Brokerage |
Nil |
| Demat Account Opening Fees
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NIL |
Rs 200 |
| Demat AMC
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Rs 750(free for 1st year) |
RS 400/p.a - Waived for 1st year |
| Own DP Service
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About Brokerage Plans
Compare HDFC Securities Ltd vs MDirect - Plan Options
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HDFC Securities Ltd |
MDirect |
| Monthly Plans
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| Yearly Plans
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Contact Broker / Request A Call Back
Brokerage Charges
Compare HDFC Securities Ltd vs MDirect - Brokerage Charges
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HDFC Securities Ltd |
MDirect |
| Plan Name
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Online Trading |
Rs 18 Per Trader Plan |
| Plan Description
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HDFC Securities have % base brokerage plan, where Minimum brokerage is fix @Rs25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on higher range and Equity Delivery & Future trading is on average brokerage level with compare to other full service brokers. |
Flat Rs 18 Per Trader Plan. |
| Equity Delivery
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0.50% |
Rs 18 per executed order |
| Equity Intraday
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0.05% |
Rs 18 or 0.01 % whichever is lower |
| Equity Futures
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0.05% |
Rs 18 per executed order |
| Equity Options
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Rs.100 OR .1% Whichever is higher |
Rs 18 per executed order |
| Currency Futures
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0.05% |
Rs 18 per executed order |
| Currency Options
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Rs.100 OR .1% Whichever is higher |
Rs 18 per executed order |
| Commodity Trading
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NA |
Rs 18 per executed order |
| Minimum Brokerage
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Rs 25 |
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| Brokerage Calculator |
Bro Calc for hdfc-securities |
Bro Calc for mdirect |
Share Broker's Transaction/Turnover Charges
Compare HDFC Securities Ltd vs MDirect - Transaction/Turnover Charges
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HDFC Securities Ltd |
MDirect |
| Equity Delivery
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Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Intraday
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Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Futures
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Rs 190 Per Cr |
Rs 350 Per Cr |
| Equity Options
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Rs 5000 Per Cr |
Rs 8000 Per Cr |
| Currency Futures
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Rs 110 Per Cr |
Rs 215 Per Cr |
| Currency Options
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Rs 4000 Per Cr |
Rs 7000 Per Cr |
| Commodity
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Trading Features
Compare HDFC Securities Ltd vs MDirect - Trading Feature and platform
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HDFC Securities Ltd |
MDirect |
| 3 in 1 Account
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| Mobile Trading
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| Charting
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Desktop Trading Platform
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Blink |
Nest Plus |
| Web Trading Platform
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https://trade.hdfcsec.com/ |
Mdirect Nest Plus |
| Mobile Trading Platform
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HDFC securities MobileTrading |
Mdirect |
Broker Ratings by Admin
Compare HDFC Securities Ltd vs MDirect - Rating
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HDFC Securities Ltd |
MDirect |
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87 Customer Reviews  |
Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
HDFC Securities is Rated 2.5 / 5 based on 87 customer reviews |
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Investment Services
Compare HDFC Securities Ltd vs MDirect - Investment Options
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HDFC Securities Ltd |
MDirect |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance |
NA |
Customer Service Offered
Compare HDFC Securities Ltd vs MDirect - Customer Service Offerance
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HDFC Securities Ltd |
MDirect |
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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Tips/Research/Reports Published
Compare HDFC Securities Ltd vs MDirect - Research, Tips Reports
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HDFC Securities Ltd |
MDirect |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Special Offers,Advantages,Disadvantages
Compare HDFC Securities Ltd vs MDirect - Special Offers and Promotion
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HDFC Securities Ltd |
MDirect |
| Likes
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- Unique integrated 3 in 1 account.
- ENCASH Service where u get sell script amount on same day.
- Training and education.
- Portfolio tracker and live market watch.
- Offers NRI account.
More Advantages... |
- In house research reports
- Workshops/ seminars/ webinars to educate traders.
- Simple and transparent Pricing.
- Well researched professional guidance.
- Multiple Segments and Exchanges on same trading Window.
More Advantages... |
| Dislikes
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- Doesn't offer trading in commodity.
- Having a saving account with HDFC is must.
- Minimum brokerage charges.
- Desktop Terminal "BLINK" is paid service.
- Paid SMS research call.
More Disadvantages... |
- No referral program
- No advance tools or technology
- No monthly and yearly plans
- doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
- Margin funding and NRI tradingis not available
More Disadvantages... |
| Special Offers/Promo
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Enquire about HDFC Securities |
Enquire about MDirect |
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