HDFC Securities Vs IDBI Direct: Which one is better?

The brokerage of HDFC Securities ranges between .05 to .5% while the brokerage of IDBI Direct ranges between .08 to .5%. Both the brokers are Full Service brokers. HDFC Securities is having overall higher rating compare to IDBI Direct. HDFC Securities is rated 4 out of 5 where IDBI Direct is rated only 3.5 out of 5.

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

  HDFC Securities Compare
HDFC Securities
IDBI Direct Compare
IDBI 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 IDBI Capital provides well rounded services like 3 in 1 account, support to NRIs, research reports and analytical tools but comes with subscription fee thus not suitable for casual trader. But it can suit active investors with its competitive broker...Know more about IDBI Direct
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 IDBI 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 IDBI Direct on Trading & Demat Account Opening Charges

In this section we have compared HDFC Securities with IDBI Direct on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Securities charges Rs 999 for account opening where IDBI Direct charges Rs 700 for account opeing. Demat AMC charges - HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account where IDBI Direct charges Rs 350 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Securities with IDBI Direct
Charges HDFC Securities IDBI Direct
Trading Account Opening Fees Rs 999 Rs 700
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 750 PA (Waived for 1st year) Rs 350 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Securities vs IDBI Direct on Plan Options

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

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

Account Opening

  HDFC Securities IDBI Direct
Account Opening Request
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Brokerage Charges

Compare HDFC Securities vs IDBI 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.

IDBI Direct Brokerage Plan detail - This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months.

Brokerage Charges - Compare HDFC Securities with IDBI Direct
Brokerage Charges Compare HDFC Securities IDBI Direct
Plan Name Online Trading Plan (Percentage Based) Flexi Gold Trading Plan (Percentage Based)
Equity Delivery 0.5% or 50 paisa 0.5% or 50 paisa
Equity Intraday 0.05% or 5 paisa 0.08% or 8 paisa
Equity Futures 0.05% or 5 paisa 0.08% or 8 paisa
Equity Options 0.1% of Premium or Rs 100 per lot whichever is high Rs 100 Per Lot
Currency Futures Rs 23 per lot 0.08% or 8 paisa
Currency Options Rs 20 per lot Rs 100 Per Lot
Commodity Trading NA NA
Minimum Brokerage Rs 25 Rs 25 per trade or 2.5% of the trade value whichever is lower.
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free Info Not Available
Brokerage Calculator Brokerage Calculator for HDFC Securities Brokerage Calculator for IDBI Direct
SPAN Margin Calculator SPAN Margin Calculator for HDFC Securities SPAN Margin Calculator for IDBI Direct
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Share Broker's Transaction Charges

Compare HDFC Securities vs IDBI Direct on Transaction Charges

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

Transaction Charges - Compare HDFC Securities with IDBI Direct
Transaction Charges Compare HDFC Securities IDBI 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 5100 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for hdfc-securities Complete Brokerage Plans for idbicapital
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Account Features

Compare HDFC Securities vs IDBI Direct on Account Features

Compare HDFC Securities with IDBI 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 - IDBI 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 IDBI Direct
Account Features Compare HDFC Securities IDBI 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 No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features
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Trading Platform

Compare HDFC Securities vs IDBI Direct on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Securities and IDBI 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 IDBI Direct
Trading Platform Compare HDFC Securities IDBI Direct
Desktop Trading Platform Blink Infinity
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.hdfcsec.com/ https://trade.idbicapital.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App HDFC securities Mobile IDBI Direct Mobile App
Mobile Trading App Demo HDFC securities Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod HDFC securities Mobile Download Andriod IDBI Direct Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC securities Mobile Download iOS IDBI Direct Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Yes, Blink - Rs 3999 PA,ProTerminal -Rs 1999 PA Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Securities Equity Intraday and Delivery Brokerage Calculator for IDBI Direct
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Securities Futures Brokerage Calculator for IDBI Direct
Options Brokerage Calculator Options Brokerage Calculator for HDFC Securities Options Brokerage Calculator for IDBI Direct
Detail Detail on Trading Platforms for hdfc-securities Detail on Trading Platforms for idbicapital

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Broker Ratings by Users

Compare HDFC Securities vs IDBI Direct on User Rating

  HDFC Securities IDBI Direct
  89 Customer Reviews    Rate HDFC Securities 30 Customer Reviews    Rate IDBI Direct
Fees Ratings 2.4 3.0
Trading Brokerage Rating 2.2 2.4
Trading Platform Usability 3.0 2.5
Customer Service Ratings 2.9 2.8
Overall Ratings Rated 2.5 stars Rated 2.7 stars
Broker Rating HDFC Securities is Rated 2.5 / 5 based on 89 customer reviews IDBI Direct is Rated 2.7 / 5 based on 30 customer reviews
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Investment Offerings

Compare HDFC Securities vs IDBI Direct on Investment Offerings

Compare HDFC Securities with IDBI 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 - both brokers don't offers Commodity Trading (MCX). 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 IDBI Direct
Investment Offerings Compare HDFC Securities IDBI Direct
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No No
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 No
PMS Service No No
Other Investment Options Insurance
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Order Types

Compare HDFC Securities vs IDBI Direct on Order Types

Order Type - Compare HDFC Securities with IDBI 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) - HDFC Securities provide Cover Orders (CO) where IDBI Direct doesn't offer.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)- IDBI Direct offers After market Ordres where HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where IDBI Direct doesn't support Good Till Cancelled (GTC) orders.

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

Compare HDFC Securities vs IDBI Direct on Margin/Leverage

Comapre HDFC Securities with IDBI 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 IDBI Direct
Margin Product Compare HDFC Securities IDBI Direct
Equity Delivery Margin HDFC Securities vs IDBI Direct - Equity Delivery Margin Upto 4x via Margin Funding. Info Not Available
Equity Intraday Margin HDFC Securities vs IDBI Direct - Equity Intraday Margin Upto 3x leverage for equity. Info Not Available
Futures Margin HDFC Securities vs IDBI Direct - Futures Margin Upto 3x leverage for futures. Info Not Available
Options Margin HDFC Securities vs IDBI Direct - Options Margin Upto 3x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin HDFC Securities vs IDBI Direct - Equity CO Margin Upto 10x margin/leverage in CO order for selected equity scripts. Info Not Available
Futures CO Margin HDFC Securities vs IDBI Direct - Futures CO Margin Upto 4x margin/leverage in CO order. Info Not Available
Options CO Margin HDFC Securities vs IDBI Direct - Options CO Margin Upto 4x margin/leverage in CO order. Info Not Available
Commodity Margin HDFC Securities vs IDBI Direct - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare HDFC Securities vs IDBI Direct on Customer Service

Compare HDFC Securities with IDBI 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 IDBI Direct
Customer Service Compare HDFC Securities IDBI Direct
24/7 Customer Service HDFC Securities vs IDBI Direct - 24x7 customer support No No
Email Support HDFC Securities vs IDBI Direct - Email Support Yes Yes
Onine Live Chat HDFC Securities vs IDBI Direct - Onine Live Chat Yes No
Phone Support HDFC Securities vs IDBI Direct - Phone Support Yes Yes
Toll Free Number HDFC Securities vs IDBI Direct - Toll Free Number No Yes
Through Branches HDFC Securities vs IDBI Direct - Through Branches Yes Yes
Customer Care Number HDFC Securities vs IDBI Direct - Customer Care Number 91-22-3355336 Info Not Available
Account Opening Process HDFC Securities vs IDBI Direct - Account Opening Process Offline Info Not Available
Customer Support Email HDFC Securities vs IDBI Direct - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education HDFC Securities vs IDBI Direct - Knowledge Center/Education https://www.hdfcsec.com/products/demolisting Info Not Available
Head Office Address HDFC Securities vs IDBI Direct - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Info Not Available
Website HDFC Securities vs IDBI Direct - Company Website https://www.hdfcsec.com/ Info Not Available
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Tips/Research/Reports Published

Compare HDFC Securities vs IDBI Direct on Research Reports, Tips

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

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

Compare HDFC Securities vs IDBI Direct on Demat Account

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

Demat Charges - Compare HDFC Securities with IDBI Direct
  HDFC Securities IDBI Direct
DP Source CDSL CDSL
DP ID HDFC Securities vs IDBI Direct - DP ID 12400 No
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. 450/- p.a ( Rs. 400/- for customers receiving statements by e-mail) Senior citizens ? Rs. 350/- p.a
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- NO
Statutory charges Stamp duty -Nil NO
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 market value or Rs30/- per Transaction whichever is higher
Demat Rs. 5/- per certificate + Rs.35/- per Dematerialisation request submitted Rs5 per certificate Plus Rs 40 postage
Remat Rs. 30/-per request + CDSL actuals Rs.20/- for every hundred securities or Flat fee of Rs.20/- per certificate whichever is higher
Pledge Creation NIL 0.05% of market value or Rs.50/- per transaction 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 NIL
Pledge Closure NIL 0.05% of market value or Rs.25/- per transaction 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 0.05% of market value or Rs.25/- per transaction 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) 0.15% of market value or Rs.25/- per transaction
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. NIL

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Special Offers,Advantages,Disadvantages

Compare HDFC Securities vs IDBI Direct on Special Offers and Promotion

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

Compare HDFC Securities vs IDBI Direct on Special Offers and Promotion
  HDFC Securities IDBI Direct
Pay In and Pay Out Options HDFC Securities vs IDBI 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.
Info Not Available
Payout Time HDFC Securities vs IDBI Direct - Payout Time Instance to HDFC Bank. Info Not Available
Bank Supported and Charges HDFC Securities vs IDBI Direct - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your HDFC bank account. Info Not Available
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...

3 in 1 service provider; new user friendly design and content layout on new portal idbidirect.in, investment offerings for NRIs

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...

Commodities & Currency trading is not available, minimum brokerage charges, technical issues with trading platforms

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.
Enquire about HDFC Securities Enquire about IDBI Direct

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







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