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
  HDFC Securities Ltd MDirect
 
HDFC Securities Ltd Logo MDirect Logo
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... Know more about HDFC Securities Ltd 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 Full Service Broker Discount Broker
Exchanges Supported BSE, NSE BSE,NSE,MCX,NCDEX,MSEI
Broker Enquiry Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MDirect. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare HDFC Securities Ltd vs MDirect - Trading and Demat Account Charges
  HDFC Securities Ltd MDirect
Trading Account Opening Fees Rs 999(Trading+Demat) Rs 500
Trading AMC Adjusted in Brokerage Nil
Demat Account Opening Fees NIL Rs 200
Demat AMC Rs 750(free for 1st year) RS 400/p.a - Waived for 1st year
Own DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Securities Ltd vs MDirect - Plan Options
  HDFC Securities Ltd MDirect
Monthly Plans No No
Yearly Plans No No
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Contact Broker / Request A Call Back

  HDFC Securities Ltd MDirect
Contact / Request Call Back
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Brokerage Charges

Compare HDFC Securities Ltd vs MDirect - Brokerage Charges
  HDFC Securities Ltd MDirect
Plan Name Online Trading Rs 18 Per Trader Plan
Plan Description 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 0.50% Rs 18 per executed order
Equity Intraday 0.05% Rs 18 or 0.01 % whichever is lower
Equity Futures 0.05% Rs 18 per executed order
Equity Options Rs.100 OR .1% Whichever is higher Rs 18 per executed order
Currency Futures 0.05% Rs 18 per executed order
Currency Options Rs.100 OR .1% Whichever is higher Rs 18 per executed order
Commodity Trading NA Rs 18 per executed order
Minimum Brokerage Rs 25
Brokerage Calculator Bro Calc for hdfc-securities Bro Calc for mdirect
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Share Broker's Transaction/Turnover Charges

Compare HDFC Securities Ltd vs MDirect - Transaction/Turnover Charges
  HDFC Securities Ltd MDirect
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 350 Per Cr
Equity Options Rs 5000 Per Cr Rs 8000 Per Cr
Currency Futures Rs 110 Per Cr Rs 215 Per Cr
Currency Options 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
  HDFC Securities Ltd MDirect
3 in 1 Account Yes No
Mobile Trading Yes Yes
Charting Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Desktop Trading Platform Blink Nest Plus
Web Trading Platform https://trade.hdfcsec.com/ Mdirect Nest Plus
Mobile Trading Platform HDFC securities MobileTrading Mdirect
SAS Online Review - 3.6*  Rs 999 Unlimited Trades
SAS ReviewEnquire Now
RKSV Review - 4* Rs 20 Per executed order
RKSV ReviewEnquire Now
Zerodha Review- Rated 4.5* Rs 20Per executed order
Zerodha ReviewEnquire Now
trade smart onlin review - 3.6*  Rs 15 Per executed order
TSO ReviewEnquire Now

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Broker Ratings by Admin

Compare HDFC Securities Ltd vs MDirect - Rating
  HDFC Securities Ltd MDirect
  87 Customer Reviews    Rate HDFC Securities Customer Reviews    Rate MDirect
Fees Ratings 2.4
Trading Brokerage Rating 2.2
Trading Platform Usability 3.0
Customer Service Ratings 2.9
Overall Ratings Rated 2.5 stars
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
  HDFC Securities Ltd MDirect
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance NA
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Customer Service Offered

Compare HDFC Securities Ltd vs MDirect - Customer Service Offerance
  HDFC Securities Ltd MDirect
24/7 Customer Service No Yes
Email Support Yes Yes
Onine Live Chat Yes Yes
Phone Support Yes Yes
Toll Free Number No Yes
Through Branches Yes No
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Tips/Research/Reports Published

Compare HDFC Securities Ltd vs MDirect - Research, Tips Reports
  HDFC Securities Ltd MDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Special Offers,Advantages,Disadvantages

Compare HDFC Securities Ltd vs MDirect - Special Offers and Promotion
  HDFC Securities Ltd MDirect
Likes
  • 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
  • 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
 
Enquire about HDFC Securities Enquire about MDirect

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Flat Rs 20 Per Trade for F&O

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



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