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Fyers 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 Fyers Max Rs 20 per trade while the brokerage of HDFC Securities ranges between .05 to .5%. Fyers 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 Fyers is 11,63,260 where number of active customer for HDFC Securities is 1,58,536. Fyers is serving more customer compare to HDFC Securities.

Here we present side-by-side comparison of Fyers 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 Fyers 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 Fyers 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 Fyers 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 Fyers vs HDFC Securities on Service

  Fyers Compare
Fyers
HDFC Securities Compare
HDFC Securities
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 3.5 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 4 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 NSE, BSE, MCX
Active Clients 11,63,260 1,58,536
Broker Overview Rs. 0 delivery trade, Rs. 20 per order brokerage plan, zero brokerage mutual fund investment, & Fyers One, Fyers App, and Fyers Web-based advanced technology trading platform make Fyers the best broker for traders and investors. 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 Fyers
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Account Opening Charges and AMC

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

Comparison of Fyers with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where HDFC Securities charges Rs 999 for account opening. Demat AMC charges - Fyers 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 Fyers with HDFC Securities
Charges Fyers 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 Fyers vs HDFC Securities on Plan Options

Plans are the most important feature you look when compare Fyers 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 Fyers with HDFC Securities on Plan Options
Plan Types Fyers HDFC Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Fyers vs HDFC Securities on Brokerage Charges

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

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 Fyers with HDFC Securities
Brokerage Charges Compare Fyers HDFC Securities
Plan Name Max Rs 20 Per Order Trading Plan Percentage based brokerage plan
Equity Delivery Free 0.50%
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05%
Equity Futures 0.03% or Rs 20 whichever is lower 0.05%
Equity Options Flat Rs 20 per order Higher of 0.1% of Premium or Rs 100 per lot
Currency Futures 0.03% or Rs 20 whichever is lower Rs 23 per lot
Currency Options Flat Rs 20 per order Rs 20 per lot
Commodity Trading 0.03% or Rs 20 whichever is lower Rs. 20 per order, Options: Rs. 100 per lot
Minimum Brokerage NIL Rs 25
Hidden Charges No Yes
Funding No Yes - 18% interest PA
Call & Trade Charges Rs 50 Per Order Free
Auto Square off Charges Rs 50 Per Order Free
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for HDFC Securities
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Share Broker's Transaction Charges

Compare Fyers vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare Fyers with HDFC Securities
Transaction Charges Compare Fyers 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 240 Per Cr Rs 190 Per Cr
Equity Options Rs 5900 Per Cr Rs 5000 Per Cr
Currency Futures Rs 175 Per Cr Rs 110 Per Cr
Currency Options Rs 6500 Per Cr Rs 4000 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for hdfc-securities
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Account Features

Compare Fyers vs HDFC Securities on Account Features

Compare Fyers 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 Fyers offers only 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - HDFC Securities offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Fyers with HDFC Securities
Account Features Compare Fyers HDFC Securities
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. Yes, Fyers 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 No 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 No Yes
Other Features Fyers 30 Day Challenge NIL
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Trading Platform

Compare Fyers vs HDFC Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Fyers 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 Fyers with HDFC Securities
Trading Platform Compare Fyers HDFC Securities
Desktop Trading Platform Fyers One ProTerminal
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Fyers Web https://trade.hdfcsec.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Fyers Mobile App HDFC securities Mobile
Mobile Trading App Demo Fyers Mobile App Demo HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Fyers Mobile App Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Fyers Mobile App Download iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Proterminal - Rs. 2500 (Offer price: Rs. 1500)
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for HDFC Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for HDFC Securities
Options Brokerage Calculator Options Brokerage Calculator for Fyers Options Brokerage Calculator for HDFC Securities
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for hdfc-securities

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Broker Ratings by Users

Compare Fyers vs HDFC Securities on User Rating

  Fyers HDFC Securities
  10 Customer Reviews    Rate Fyers 96 Customer Reviews    Rate HDFC Securities
Fees Ratings 3.5 2.4
Trading Brokerage Rating 3.6 2.1
Trading Platform Usability 3.6 3.0
Customer Service Ratings 3.4 2.8
Overall Ratings Rated 3.2 stars Rated 2.4 stars
Broker Rating Fyers is Rated 3.2 / 5 based on 10 customer reviews HDFC Securities is Rated 2.4 / 5 based on 96 customer reviews
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Investment Offerings

Compare Fyers vs HDFC Securities on Investment Offerings

Compare Fyers 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 Fyers with HDFC Securities
Investment Offerings Compare Fyers 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 No 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 Fyers vs HDFC Securities on Order Types

Order Type - Compare Fyers 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) - Fyers 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)- Fyers offers After Market Orders where HDFC Securities doesn't offers AMO. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Fyers with HDFC Securities
Order Type Compare Fyers 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 Yes Yes
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Customer Service Offered

Compare Fyers vs HDFC Securities on Customer Service

Compare Fyers 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 Fyers with HDFC Securities
Customer Service Compare Fyers HDFC Securities
24/7 Customer Service Fyers vs HDFC Securities - 24x7 customer support No No
Email Support Fyers vs HDFC Securities - Email Support Yes Yes
Onine Live Chat Fyers vs HDFC Securities - Onine Live Chat No Yes
Phone Support Fyers vs HDFC Securities - Phone Support Yes Yes
Toll Free Number Fyers vs HDFC Securities - Toll Free Number No No
Through Branches Fyers vs HDFC Securities - Through Branches No Yes
Customer Care Number Fyers vs HDFC Securities - Customer Care Number 080 4625 1111 022-39019400
Account Opening Process Fyers vs HDFC Securities - Account Opening Process 100% online and paperless proc Offline
Customer Support Email Fyers vs HDFC Securities - Customer Support Email [email protected] [email protected], customer
Knowledge Center/Education Fyers vs HDFC Securities - Knowledge Center/Education https://fyers.in/school-of-stocks/ https://www.hdfcsec.com/products/demolisting/
Head Office Address Fyers vs HDFC Securities - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website Fyers vs HDFC Securities - Company Website https://fyers.in/ https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare Fyers vs HDFC Securities on Research Reports, Tips

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

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

Compare Fyers vs HDFC Securities on Demat Account

Compare Fyers 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 Fyers is Free where for HDFC Securities is ₹750 pa. Fyers 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 Fyers is ₹10 + ₹5.50 (CDSL Charges) per 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 Fyers with HDFC Securities
  Fyers HDFC Securities
DP Source CDSL CDSL
DP ID Fyers vs HDFC Securities - DP ID 432-2019 12400
Demat Account Annual Maintenance Charges(AMC) Free ₹750 pa
Advance Deposit Nil 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) ₹10 + ₹5.50 (CDSL Charges) per transaction 0.04% (Min ₹20) + CDSL charges
Demat ₹100 per certificate ₹5 per certificate + ₹35 request charges
Remat ₹100 per certificate + CDSL Charges ₹30
Pledge Creation ₹50 + ₹12 CSDL charges Nil
Pledge Creation Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Closure ₹50 + ₹12 CSDL charges Nil
Pledge Closure Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Invocation ₹50 0.04% of transaction value (Min ₹40)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Fyers vs HDFC Securities on Special Offers and Promotion

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

Compare Fyers vs HDFC Securities on Special Offers and Promotion
  Fyers HDFC Securities
Pay In and Pay Out Options Fyers vs HDFC Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Fyers vs HDFC Securities - Payout Time Up to 24 Hrs except for Bank Holidays. Instant to HDFC Bank.
Bank Supported and Charges Fyers vs HDFC Securities - Bank Supported and Charges 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Info Not Available
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Direct from your HDFC bank account.
Likes
  • Brokerage free delivery trading and investment in mutual funds.
  • Pay Rs. 20 flat brokerage fee on intraday and F&O trades.
  • Zero brokerage direct mutual fund investment.
  • Invest in an idea or theme-based portfolio with Fyers Thematic Investing.
  • Best-class trading platforms across web, app, and desktop software.
  • Advanced orders like bracket order, cover order, after-market order, and basket order.
  • Win upto Rs. 5,000 brokerage refund with Fyers 30-day challenge.
  • Fyers School of Stocks, a free stock market learning platform.
  • Get free access to Fyers API.
  • Zero payment gateway charges.
  • Zero pledge charges.
  • No proprietary trading.
  • No hidden cost.

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
  • Fyers Direct mutual fund platform is not available as a mobile app.
  • Fyers does not provide intraday tips, research, and advisory services.
  • It does not offer a 3-in-1 account opening facility.
  • Currently, it does not offer NRI trading services however, expected to launch soon.

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 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 Fyers Account Now>>

Last Updated on 2022-09-22T02:57:05+00:00