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Finvasia Vs HDFC Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Finvasia Max Rs 0 per trade while the brokerage of HDFC Securities ranges between .05 to .5%. Finvasia is a Discount Broker where HDFC Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Finvasia is 11,63,260 where number of active customer for HDFC Securities is 36,781. Finvasia is serving more customer compare to HDFC Securities.

Here we present side-by-side comparison of Finvasia vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs HDFC Securities'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.

Here we present side-by-side comparison of Finvasia vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Finvasia vs HDFC Securities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Finvasia vs HDFC Securities on Service

  Finvasia Compare
Finvasia
HDFC Securities Compare
HDFC Securities
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 5 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 4.5 stars
Customer Service Rated 3 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 11,63,260 36,781
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia With over 2 decades of experience, exceptionally great 24/7 customer services, and world-class research & advisory, HDFC Securities has topped the list of the best full-service brokers in India serving above 10 lakh customers. It is a one-stop sh...Know more about HDFC Securities
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs HDFC Securities on Trading & Demat Account Opening Charges

Comparison of Finvasia with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia offer Free account opening where HDFC Securities charges Rs 999 for account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.

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

Compare Finvasia vs HDFC Securities on Plan Options

Plans are the most important feature you look when compare Finvasia with HDFC Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

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Brokerage Charges

Compare Finvasia vs HDFC Securities on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

HDFC Securities Brokerage Plan detail - HDFC Securities have a fixed percentage base brokerage plan, where Minimum brokerage is fixed at Rs 25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on a higher range and Equity Delivery & Future trading is on average brokerage level compared to other full-service brokers.

Brokerage Charges - Compare Finvasia with HDFC Securities
Brokerage Charges Compare Finvasia HDFC Securities
Plan Name Zero Brokerage Trading Plan Percentage based brokerage plan
Equity Delivery Rs 0 0.50%
Equity Intraday Rs 0 0.05%
Equity Futures Rs 0 0.05%
Equity Options Rs 0 Higher of 0.1% of Premium or Rs 100 per lot
Currency Futures Rs 0 Rs 23 per lot
Currency Options Rs 0 Rs 20 per lot
Commodity Trading Rs 0 Rs. 20 per order, Options: Rs. 100 per lot
Minimum Brokerage NA Rs 25
Hidden Charges No Yes
Funding Yes, 24% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free
Auto Square off Charges Free Free
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for HDFC Securities
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Share Broker's Transaction Charges

Compare Finvasia vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare Finvasia with HDFC Securities
Transaction Charges Compare Finvasia HDFC Securities
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 115 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for hdfc-securities
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Account Features

Compare Finvasia vs HDFC Securities on Account Features

Compare Finvasia with HDFC Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where Finvasia offers only 2-in-1 account which includes trading and demat account. Algo Trading - Finvasia offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Finvasia with HDFC Securities
Account Features Compare Finvasia HDFC Securities
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. Yes, Finvasia have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Finvasia vs HDFC Securities on Trading Platform

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

Trading Platform - Compare Finvasia with HDFC Securities
Trading Platform Compare Finvasia HDFC Securities
Desktop Trading Platform OMNESYS NEST ProTerminal
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://trade.hdfcsec.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT HDFC securities Mobile
Mobile Trading App Demo SCALPERT Demo HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) No No
iOS App Download Info Not Available iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Proterminal - Rs. 2500 (Offer price: Rs. 1500)
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for HDFC Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for HDFC Securities
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for HDFC Securities
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for hdfc-securities

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Broker Ratings by Users

Compare Finvasia vs HDFC Securities on User Rating

  Finvasia HDFC Securities
  12 Customer Reviews    Rate Finvasia 96 Customer Reviews    Rate HDFC Securities
Fees Ratings 4.1 2.4
Trading Brokerage Rating 4.5 2.1
Trading Platform Usability 4.0 3.0
Customer Service Ratings 4.0 2.8
Overall Ratings Rated 4.3 stars Rated 2.4 stars
Broker Rating Finvasia is Rated 4.3 / 5 based on 12 customer reviews HDFC Securities is Rated 2.4 / 5 based on 96 customer reviews
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Investment Offerings

Compare Finvasia vs HDFC Securities on Investment Offerings

Compare Finvasia with HDFC Securities 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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Finvasia vs HDFC Securities on Order Types

Order Type - Compare Finvasia with HDFC Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type 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) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Finvasia provide Bracket Orders (BO) where HDFC Securities doesn't offer.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)- Finvasia offers After Market Orders where HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Finvasia with HDFC Securities
Order Type Compare Finvasia HDFC Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Finvasia vs HDFC Securities on Customer Service

Compare Finvasia with HDFC Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Finvasia with HDFC Securities
Customer Service Compare Finvasia HDFC Securities
24/7 Customer Service Finvasia vs HDFC Securities - 24x7 customer support No No
Email Support Finvasia vs HDFC Securities - Email Support Yes Yes
Onine Live Chat Finvasia vs HDFC Securities - Onine Live Chat Yes Yes
Phone Support Finvasia vs HDFC Securities - Phone Support Yes Yes
Toll Free Number Finvasia vs HDFC Securities - Toll Free Number No No
Through Branches Finvasia vs HDFC Securities - Through Branches No Yes
Customer Care Number Finvasia vs HDFC Securities - Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 022-39019400
Account Opening Process Finvasia vs HDFC Securities - Account Opening Process Online/Paperless Offline
Customer Support Email Finvasia vs HDFC Securities - Customer Support Email [email protected]/[email protected] [email protected], customer
Knowledge Center/Education Finvasia vs HDFC Securities - Knowledge Center/Education https://finvasia.com/announcements https://www.hdfcsec.com/products/demolisting/
Head Office Address Finvasia vs HDFC Securities - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website Finvasia vs HDFC Securities - Company Website https://www.finvasia.com/ https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare Finvasia vs HDFC Securities on Research Reports, Tips

Compare Finvasia with HDFC Securities on research reports and tips provided by the broker.

Research Reports - Compare Finvasia with HDFC Securities
  Finvasia HDFC Securities
Research Mutual Funds Finvasia vs HDFC Securities - Research Mutual Funds No Yes
Research Equity Reports Finvasia vs HDFC Securities - Research Equity Reports No Yes
Research ETF Finvasia vs HDFC Securities - Research ETF No Yes
Daily Market Report Finvasia vs HDFC Securities - Daily Market Report No Yes
Free Tips Finvasia vs HDFC Securities - Free Tips No Yes
Quarterly Result Analysis Finvasia vs HDFC Securities - Quarterly Results No Yes
News Alerts Finvasia vs HDFC Securities - No Yes
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Demat Account

Compare Finvasia vs HDFC Securities on Demat Account

Compare Finvasia with HDFC Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Finvasia is Free where for HDFC Securities is ₹750 pa. Finvasia is a better choice in terms of Demat AMC compare to HDFC Securities.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction where for HDFC Securities is 0.04% (Min ₹20) + CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Finvasia with HDFC Securities
  Finvasia HDFC Securities
DP Source CDSL CDSL
DP ID Finvasia vs HDFC Securities - DP ID 84300 12400
Demat Account Annual Maintenance Charges(AMC) Free ₹750 pa
Advance Deposit Rs 0 Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% (Min ₹20) + CDSL charges
Demat ₹15 per certificate ₹5 per certificate + ₹35 request charges
Remat ₹15 for every hundred securities + CDSL Charges ₹30
Pledge Creation ₹25 per transaction Nil
Pledge Creation Confirmation NIL 0.04% of transaction value (Min ₹40)
Pledge Closure ₹25 per transaction Nil
Pledge Closure Confirmation NIL 0.04% of transaction value (Min ₹40)
Pledge Invocation ₹19 per transaction 0.04% of transaction value (Min ₹40)
Failed Instruction Charges ₹49 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Finvasia vs HDFC Securities on Special Offers and Promotion

Compare Finvasia with HDFC Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs HDFC Securities on Special Offers and Promotion
  Finvasia HDFC Securities
Pay In and Pay Out Options Finvasia vs HDFC Securities - Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Finvasia vs HDFC Securities - Payout Time Up to 24 hrs except for bank holidays. Instant to HDFC Bank.
Bank Supported and Charges Finvasia vs HDFC Securities - Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Info Not Available
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Direct from your HDFC bank account.
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Invest across all types of asset classes on BSE, NSE, and MCX.
  • Free web and mobile app-based trading platforms.
  • Ultra-speed and feature-rich ProTerminal platform.
  • Brokerage-free mutual fund investment.
  • Voice-enabled investing with Arya Intelligent Chatbot.
  • Advanced portfolio tracking.
  • Quick payout upto Rs. 5 Lac with Encash facility.
  • Free call & trade
  • Apply for IPOs online in just 3 clicks.
  • Start StockSIP.
  • Invest in shares of US-based companies.
  • Smallcase, a thematic investing platform.
  • Get access to HDFC research for
  • Place advance orders like bracket order, cover order, and Good Till Date (GTD) order.
  • Margin trading facility.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • Minimum brokerage fee of Rs. 25 per trade, subject to a maximum 2.5% ceiling on trade value.
  • High brokerage charges.
  • High Demat maintenance charges.
  • ProTerminal is a paid platform that charges a subscription fee every year.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2022-09-19T09:03:22+00:00