HDFC Securities Vs Axis Direct: Which one is better?

The brokerage of HDFC Securities ranges between .05 to .5% while the brokerage of Axis Direct ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. HDFC Securities is having overall higher rating compare to Axis Direct. HDFC Securities is rated 4 out of 5 where Axis Direct is rated only 3.5 out of 5.

Here we present side-by-side comparison of HDFC Securities vs Axis Direct share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared HDFC Securities vs Axis Direct's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Compare HDFC Securities vs Axis Direct on Service

  HDFC Securities Compare
HDFC Securities
Axis Direct Compare
Axis Direct
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE
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 Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Brokering Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited.
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 Axis Direct. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare HDFC Securities vs Axis Direct on Trading & Demat Account Opening Charges

In this section we have compared HDFC Securities with Axis Direct on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers charges Rs 999 for account opening fee. Demat AMC charges - HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account where Axis Direct charges Rs 650 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Securities with Axis Direct
Charges HDFC Securities Axis Direct
Trading Account Opening Fees Rs 999 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Rs 650
Demat AMC Rs 750 PA (Waived for 1st year) Rs 650 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Securities vs Axis Direct on Plan Options

Plans are the most important feature you look when compare HDFC Securities with Axis Direct. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Axis Direct provides Multiple Plans where HDFC Securities doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare HDFC Securities with Axis Direct on Plan Options
Plan Types HDFC Securities Axis Direct
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  HDFC Securities Axis Direct
Account Opening Request
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Brokerage Charges

Compare HDFC Securities vs Axis Direct on Brokerage Charges

HDFC Securities Brokerage Plan detail - 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.

Axis Direct Brokerage Plan detail - Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).

Brokerage Charges - Compare HDFC Securities with Axis Direct
Brokerage Charges Compare HDFC Securities Axis Direct
Plan Name Online Trading Plan (Percentage Based) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.5% or 50 paisa 0.5% or 50 paisa
Equity Intraday 0.05% or 5 paisa 0.05% or 5 paisa
Equity Futures 0.05% or 5 paisa 0.05% or 5 paisa
Equity Options 0.1% of Premium or Rs 100 per lot whichever is high Rs 10 Per Lot
Currency Futures Rs 23 per lot 0.05% or 5 paisa
Currency Options Rs 20 per lot Rs 20 Per Lot
Commodity Trading NA Futures - .03 or 3 paisa, Options - Rs 50 Per Lot
Minimum Brokerage Rs 25
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for HDFC Securities Brokerage Calculator for Axis Direct
SPAN Margin Calculator SPAN Margin Calculator for HDFC Securities SPAN Margin Calculator for Axis Direct
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Share Broker's Transaction Charges

Compare HDFC Securities vs Axis Direct on Transaction Charges

Compare HDFC Securities with Axis Direct on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Securities with Axis Direct
Transaction Charges Compare HDFC Securities Axis Direct
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 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 100 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA
Brokerage Charges Complete Brokerage Plans for hdfc-securities Complete Brokerage Plans for axisdirect
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Account Features

Compare HDFC Securities vs Axis Direct on Account Features

Compare HDFC Securities with Axis Direct on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - both doesn't offers Algo tradig. Margin Funding - Axis Direct offers margin funding where HDFC Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - HDFC Securities with Axis Direct
Account Features Compare HDFC Securities Axis Direct
3 in 1 Account Yes, HDFC Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, HDFC Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features
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Trading Platform

Compare HDFC Securities vs Axis Direct on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Securities and Axis Direct. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare HDFC Securities with Axis Direct
Trading Platform Compare HDFC Securities Axis Direct
Desktop Trading Platform Blink DIRECTTrade
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.hdfcsec.com/ https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App HDFC securities Mobile AxisDirect Mobile
Mobile Trading App Demo HDFC securities Mobile Demo AxisDirect Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod HDFC securities Mobile Download Andriod AxisDirect Mobile Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC securities Mobile Download iOS AxisDirect Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Yes, Blink - Rs 3999 PA,ProTerminal -Rs 1999 PA Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Securities Equity Intraday and Delivery Brokerage Calculator for Axis Direct
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Securities Futures Brokerage Calculator for Axis Direct
Options Brokerage Calculator Options Brokerage Calculator for HDFC Securities Options Brokerage Calculator for Axis Direct
Detail Detail on Trading Platforms for hdfc-securities Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare HDFC Securities vs Axis Direct on User Rating

  HDFC Securities Axis Direct
  89 Customer Reviews    Rate HDFC Securities 4 Customer Reviews    Rate Axis Direct
Fees Ratings 2.4 3.0
Trading Brokerage Rating 2.2 2.5
Trading Platform Usability 3.0 2.8
Customer Service Ratings 2.9 2.8
Overall Ratings Rated 2.5 stars Rated 2.8 stars
Broker Rating HDFC Securities is Rated 2.5 / 5 based on 89 customer reviews Axis Direct is Rated 2.8 / 5 based on 4 customer reviews
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Investment Offerings

Compare HDFC Securities vs Axis Direct on Investment Offerings

Compare HDFC Securities with Axis Direct on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Axis Direct offers trading options in Commodity (MCX) where HDFC Securities doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare HDFC Securities with Axis Direct
Investment Offerings Compare HDFC Securities Axis Direct
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes Yes
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service No No
Other Investment Options Insurance
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Order Types

Compare HDFC Securities vs Axis Direct on Order Types

Order Type - Compare HDFC Securities with Axis Direct on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- Axis Direct offers After market Ordres where HDFC Securities doesn't offers AMO. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare HDFC Securities with Axis Direct
Order Type Compare HDFC Securities Axis Direct
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre No No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare HDFC Securities vs Axis Direct on Margin/Leverage

Comapre HDFC Securities with Axis Direct on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare HDFC Securities with Axis Direct
Margin Product Compare HDFC Securities Axis Direct
Equity Delivery Margin HDFC Securities vs Axis Direct - Equity Delivery Margin Upto 4x via Margin Funding. Upto 4x via Margin Funding for T+30 days
Equity Intraday Margin HDFC Securities vs Axis Direct - Equity Intraday Margin Upto 3x leverage for equity. Upto 6x leverage for equity.
Futures Margin HDFC Securities vs Axis Direct - Futures Margin Upto 3x leverage for futures. Upto 2x leverage for futures.
Options Margin HDFC Securities vs Axis Direct - Options Margin Upto 3x margin for Options shorting, No leverage for option buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin HDFC Securities vs Axis Direct - Equity CO Margin Upto 10x margin/leverage in CO order for selected equity scripts. Upto 25x margin/leverage in CO for selected equity scripts.
Futures CO Margin HDFC Securities vs Axis Direct - Futures CO Margin Upto 4x margin/leverage in CO order. Upto 25x margin/leverage in CO.
Options CO Margin HDFC Securities vs Axis Direct - Options CO Margin Upto 4x margin/leverage in CO order. Upto 50x margin/leverage in CO, Options contracts Sell only.
Commodity Margin HDFC Securities vs Axis Direct - Commodity Margin Info Not Available Upto 2x margin/leverage for Commdities Intraday Futures.
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Customer Service Offered

Compare HDFC Securities vs Axis Direct on Customer Service

Compare HDFC Securities with Axis Direct on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare HDFC Securities with Axis Direct
Customer Service Compare HDFC Securities Axis Direct
24/7 Customer Service HDFC Securities vs Axis Direct - 24x7 customer support No No
Email Support HDFC Securities vs Axis Direct - Email Support Yes Yes
Onine Live Chat HDFC Securities vs Axis Direct - Onine Live Chat Yes Yes
Phone Support HDFC Securities vs Axis Direct - Phone Support Yes Yes
Toll Free Number HDFC Securities vs Axis Direct - Toll Free Number No Yes
Through Branches HDFC Securities vs Axis Direct - Through Branches Yes Yes
Customer Care Number HDFC Securities vs Axis Direct - Customer Care Number 91-22-3355336 022-61480808
Account Opening Process HDFC Securities vs Axis Direct - Account Opening Process Offline Offline
Customer Support Email HDFC Securities vs Axis Direct - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Securities vs Axis Direct - Knowledge Center/Education https://www.hdfcsec.com/products/demolisting https://simplehai.axisdirect.in/learn/overview
Head Office Address HDFC Securities vs Axis Direct - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website HDFC Securities vs Axis Direct - Company Website https://www.hdfcsec.com/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare HDFC Securities vs Axis Direct on Research Reports, Tips

Compare HDFC Securities with Axis Direct on research reports and tips provided by broker.

Research Reports - Compare HDFC Securities with Axis Direct
  HDFC Securities Axis Direct
Research Mutual Funds HDFC Securities vs Axis Direct - Research Mutual Funds Yes Yes
Research Equity Reports HDFC Securities vs Axis Direct - Research Equity Reports Yes Yes
Research ETF HDFC Securities vs Axis Direct - Research ETF Yes Yes
Daily Market Report HDFC Securities vs Axis Direct - Daily Market Report Yes Yes
Free Tips HDFC Securities vs Axis Direct - Free Tips Yes Yes
Quarterly Result Analysis HDFC Securities vs Axis Direct - Quarterly Results Yes Yes
News Alerts HDFC Securities vs Axis Direct - Yes Yes
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Demat Account

Compare HDFC Securities vs Axis Direct on Demat Account

Compare HDFC Securities with Axis Direct on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare HDFC Securities with Axis Direct
  HDFC Securities Axis Direct
DP Source CDSL CDSL
DP ID HDFC Securities vs Axis Direct - DP ID 12400 49200
Demat Account Annual Maintenance Charges(AMC) For Non BSDA Individual a/c :- Rs.750/- p.a For BSDA Individual a/c :-Nil charges in case holding value 0 to 50,000/- Rs 100/- p.a in case holding value between 50,001 to 2,00,000/- Rs 750/- per annum in case holding value more than 2,00,000/- For Corporate a/c:- Rs.1,500/- p.a Rs. 650/- p.a for Ind Rs. 1000/- for NRI p.a and corporates Rs 5000/ p.a for promoter
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil
Statutory charges Stamp duty -Nil NIL
Transaction Charges on Debit (Per ISIN) a)0.04% of the value of txn subj to min Rs.20/-per txn done by EASIEST.For BSDA a/c-It is 0.06%, Min Rs. 40/- b)0.04% of the value of txn subj to Min Rs.25/-per txn done by HDFC secu.For BSDA a/c-It is 0.06%, Min Rs 45/- c)0.04% of the value of txn subj to Min Rs.40/-per txn undertaken by Manual txn.For BSDA a/c-It is 0.06%,Min Rs. 60/- d)For Debt txn 0.04% of the value of txn subj to Min Rs.40/-& Max Rs 5,000/-per txn.For BSDA a/c-It is 0.06%, Min Rs. 60/-& Max Rs 5,000/- (e) If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min Rs. 25/-per txn 0.04% of the value of the transaction or Rs. 25- (per Instruction) whichever is higher for securities
Demat Rs. 5/- per certificate + Rs.35/- per Dematerialisation request submitted Rs. 5/- per certificate or Rs. 50/- per request, whichever is higher
Remat Rs. 30/-per request + CDSL actuals Rs.20/- for every 100 securities or part there of or Rs.50/- per request, whichever is higher
Pledge Creation NIL 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Creation Confirmation (a) 0.04% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked to other than HDFC Bank. For BSDA a/c- 0.06%, of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked to other than HDFC Bank (b) 0.02% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked in favour of HDFC Bank. For BSDA a/c- 0.04% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked in favour of HDFC Bank 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure NIL 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Confirmation (a) 0.04% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked to other than HDFC Bank. For BSDA a/c- 0.06% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked to other than HDFC Bank (b) 0.02% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked in favour of HDFC Bank. For BSDA a/c- 0.04% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked in favour of HDFC Bank 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Invocation (a) 0.04% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked to other than HDFC Bank. For BSDA a/c- 0.06% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked to other than HDFC Bank (b) 0.02% of the value of the txn subject to min of Rs. 40/- per txn, if the pledge is marked in favour of HDFC Bank. For BSDA a/c- 0.04% of the value of the txn subject to min of Rs. 60/- per txn, if the pledge is marked in favour of HDFC Bank (delivery / receipt) 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Failed Instruction Charges NIL Nil
Other Charges (a)Mailing charges for non-periodic statements & other communication, Rs. 35/- for inland & Rs. 500/- for foreign address. (b) Rs. 250/- for restoring services if account is suspended for non payment of charges (c) Reissuance of Delivery Instruction Booklet(DIB) - Rs 75/- per Booklet d )Settlement Charges:Rs.250/- p.m for CM Principle account & Unified Settlement account & Rs 500/- p.m for CM Settlement account. Any change in client master detail will be charged Rs 25/-

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Special Offers,Advantages,Disadvantages

Compare HDFC Securities vs Axis Direct on Special Offers and Promotion

Compare HDFC Securities with Axis Direct on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Securities vs Axis Direct on Special Offers and Promotion
  HDFC Securities Axis Direct
Pay In and Pay Out Options HDFC Securities vs Axis Direct - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time HDFC Securities vs Axis Direct - Payout Time Instance to HDFC Bank. Instance to Axis Bank.
Bank Supported and Charges HDFC Securities vs Axis Direct - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your HDFC bank account. Direct from your Axis bank account.
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.

Detail Review...

Seamless trade through 3 in 1 account, commodity trading, quality research, intutitive and powerful trading tools, robust trading platforms.

Detail Review...

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.

Detail Review...

pay for software usage.

Detail Review...

Special Offers/Promo Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire about HDFC Securities Enquire about Axis Direct

Last Updated on 2019-06-23T23:14:53+00:00







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