Compare 3 Brokers

Indira Securities Vs HDFC Securities: Which one is better?

The brokerage of Indira Securities ranges between Rs 20 while the brokerage of HDFC Securities ranges between .05 to .5%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.

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

  Indira Securities Compare
Indira Securities
HDFC Securities Compare
HDFC Securities
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, MCX BSE, NSE
Active Clients 9,70,651
Broker Overview Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service... Know more about Indira Securities One of the largest full-service brokers in India with a client base of above 20 lakh customers, including both retail and institutional clients. It offers a 3-in-1 account integrating HDFC Securities demat account, HDFC Securities trading account, an...Know more about HDFC Securities
Broker Enquiry Open an Online Trading Account with Indira Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

Comparison of Indira Securities with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities offer Free account opening where HDFC Securities charges Rs 999 for account opening. Demat AMC charges - Indira Securities charges Rs 450 PA (2nd Year Onward) 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 Indira Securities with HDFC Securities
Charges Indira Securities HDFC Securities
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 450 PA (2nd Year Onward) Rs 750 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Indira Securities vs HDFC Securities on Plan Options

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

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

Account Opening

  Indira Securities HDFC Securities
Account Opening Request
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Brokerage Charges

Compare Indira Securities vs HDFC Securities on Brokerage Charges

Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.

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.

Brokerage Charges - Compare Indira Securities with HDFC Securities
Brokerage Charges Compare Indira Securities HDFC Securities
Plan Name Flat Fee Rs 20 Trading Plan Online Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 20 0.5% or 50 paisa
Equity Intraday Flat Fee Rs 20 0.05% or 5 paisa
Equity Futures Flat Fee Rs 20 0.05% or 5 paisa
Equity Options Flat Fee Rs 20 0.1% of Premium or Rs 100 per lot whichever is high
Currency Futures Flat Fee Rs 20 Rs 23 per lot
Currency Options Flat Fee Rs 20 Rs 20 per lot
Commodity Trading Flat Fee Rs 20 Rs. 20 per order
Minimum Brokerage NA Rs 25
Hidden Charges Info Not Available Yes
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free
Brokerage Calculator Brokerage Calculator for Indira Securities Brokerage Calculator for HDFC Securities
SPAN Margin Calculator SPAN Margin Calculator for Indira Securities SPAN Margin Calculator for HDFC Securities
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Share Broker's Transaction Charges

Compare Indira Securities vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare Indira Securities with HDFC Securities
Transaction Charges Compare Indira Securities 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 120 Per Cr Rs 110 Per Cr
Currency Options Rs 500 Per Cr Rs 4000 Per Cr
Commodity Non-Agri Rs 260| Agri Rs 600 Per Cr NA
Brokerage Charges Complete Brokerage Plans for indira-securities Complete Brokerage Plans for hdfc-securities
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Account Features

Compare Indira Securities vs HDFC Securities on Account Features

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

Account Features - Indira Securities with HDFC Securities
Account Features Compare Indira Securities HDFC Securities
3 in 1 Account No Indira Securities have 2-in-1 account. Only Demate and Trading account. Yes, Indira Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No 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 Indira Securities vs HDFC Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities 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 Indira Securities with HDFC Securities
Trading Platform Compare Indira Securities HDFC Securities
Desktop Trading Platform ODIN Diet Blink
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://www.indiratrade.com/trade-online https://trade.hdfcsec.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeInsta HDFC securities Mobile
Mobile Trading App Demo TradeInsta Demo HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod TradeInsta Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS TradeInsta Download iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Yes, Blink - Rs 3999 PA,ProTerminal -Rs 1999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Indira Securities Equity Intraday and Delivery Brokerage Calculator for HDFC Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Indira Securities Futures Brokerage Calculator for HDFC Securities
Options Brokerage Calculator Options Brokerage Calculator for Indira Securities Options Brokerage Calculator for HDFC Securities
Detail Detail on Trading Platforms for indira-securities Detail on Trading Platforms for hdfc-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Indira Securities vs HDFC Securities on User Rating

  Indira Securities HDFC Securities
  1 Customer Reviews    Rate Indira Securities 93 Customer Reviews    Rate HDFC Securities
Fees Ratings 2.0 2.4
Trading Brokerage Rating 4.0 2.1
Trading Platform Usability 2.0 3.0
Customer Service Ratings 2.0 2.8
Overall Ratings Rated 3.0 stars Rated 2.4 stars
Broker Rating Indira Securities is Rated 3.0 / 5 based on 1 customer reviews HDFC Securities is Rated 2.4 / 5 based on 93 customer reviews
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Investment Offerings

Compare Indira Securities vs HDFC Securities on Investment Offerings

Compare Indira Securities 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 Indira Securities with HDFC Securities
Investment Offerings Compare Indira Securities 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 Yes 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 Indira Securities vs HDFC Securities on Order Types

Order Type - Compare Indira Securities 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) - Indira Securities 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)- Indira Securities 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 Indira Securities with HDFC Securities
Order Type Compare Indira Securities 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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Margin/Leverage

Compare Indira Securities vs HDFC Securities on Margin/Leverage

Compare Indira Securities with HDFC Securities on Exposure/Margin offered by the 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 Indira Securities with HDFC Securities
Margin Product Compare Indira Securities HDFC Securities
Equity Delivery Margin Indira Securities vs HDFC Securities - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Up to 4x on equity delivery with Margin Funding.
Equity Intraday Margin Indira Securities vs HDFC Securities - Equity Intraday Margin Up to 3x to 10x leverage for equity MIS orders. Upto 3x margin for intraday MIS orders for equity.
Futures Margin Indira Securities vs HDFC Securities - Futures Margin Up to 4x leverage for Stocks. Upto 3x leverage for futures
Options Margin Indira Securities vs HDFC Securities - Options Margin Up to 3x exposure for Options shorting, No leverage for Options Buying. No leverage for Options buying and shorting.
Equity CO Margin Indira Securities vs HDFC Securities - Equity CO Margin Info Not Available Upto 10x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Indira Securities vs HDFC Securities - Futures CO Margin Info Not Available Extra margin compare to NRML and MIS order
Options CO Margin Indira Securities vs HDFC Securities - Options CO Margin Info Not Available Info Not Available
Commodity Margin Indira Securities vs HDFC Securities - Commodity Margin Up to 4x leverage for MCX futures. Info Not Available
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Customer Service Offered

Compare Indira Securities vs HDFC Securities on Customer Service

Compare Indira Securities 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 Indira Securities with HDFC Securities
Customer Service Compare Indira Securities HDFC Securities
24/7 Customer Service Indira Securities vs HDFC Securities - 24x7 customer support Yes No
Email Support Indira Securities vs HDFC Securities - Email Support Yes Yes
Onine Live Chat Indira Securities vs HDFC Securities - Onine Live Chat Yes Yes
Phone Support Indira Securities vs HDFC Securities - Phone Support Yes Yes
Toll Free Number Indira Securities vs HDFC Securities - Toll Free Number Yes No
Through Branches Indira Securities vs HDFC Securities - Through Branches Yes Yes
Customer Care Number Indira Securities vs HDFC Securities - Customer Care Number 022-66224202,204 91-22-3355336
Account Opening Process Indira Securities vs HDFC Securities - Account Opening Process Online/Paperless Offline
Customer Support Email Indira Securities vs HDFC Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Indira Securities vs HDFC Securities - Knowledge Center/Education https://www.inspireeducation.co/ https://www.hdfcsec.com/products/demolisting/
Head Office Address Indira Securities vs HDFC Securities - Head Office Address/Corporate Address
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website Indira Securities vs HDFC Securities - Company Website https://www.indiratrade.com/ https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare Indira Securities vs HDFC Securities on Research Reports, Tips

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

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

Compare Indira Securities vs HDFC Securities on Demat Account

Compare Indira Securities with HDFC Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Indira Securities with HDFC Securities
  Indira Securities HDFC Securities
DP Source CDSL CDSL
DP ID Indira Securities vs HDFC Securities - DP ID 752000 12400
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹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) ₹20 or 0.02% whichever is higher 0.04% (Min ₹20) + CDSL charges
Demat ₹5 per certificate + ₹35 courier charges ₹5 per certificate + ₹35 request charges
Remat ₹50 per RRN ₹30
Pledge Creation ₹50 Nil
Pledge Creation Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Closure ₹50 Nil
Pledge Closure Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Invocation ₹50 or 0.02% whichever is higher 0.04% of transaction value (Min ₹40)
Failed Instruction Charges ₹25 Nil
Other Charges Book Charges ₹20,POA Charges ₹130 Nil

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Special Offers,Advantages,Disadvantages

Compare Indira Securities vs HDFC Securities on Special Offers and Promotion

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

Compare Indira Securities vs HDFC Securities on Special Offers and Promotion
  Indira Securities HDFC Securities
Pay In and Pay Out Options Indira Securities vs HDFC Securities - Pay In and Pay Out Options

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

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 Indira Securities vs HDFC Securities - Payout Time

Max 24 hrs except bank holidays

Instant to HDFC Bank.
Bank Supported and Charges Indira Securities vs HDFC Securities - Bank Supported and Charges

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Info Not Available
Bank Detail HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Direct from your HDFC bank account.
Likes

Detail Review...

Detail Review...

Dislikes
  • 3-in-1 account is not available with the broker.
  • Clients based in MP and Rajasthan can't access IndiraTrade fixed brokerage plan
  • No NRI provisioning means NRI can't open an account with IndiraTrade.
  • Although BO and CO are available for both the equity and commodity segment but only on the web platform and not available on the TradeInsta mobile app

Detail Review...

  • To avail of a 3-in-1 facility with HDFC Sec, you must have HDFC bank saving account.
  • SMS facility with SMS Insta is a paid trading facility.
  • Trading terminal BLINK is also a chargeable service.
  • High account opening fees.

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order. Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Enquire about Indira Securities Enquire about HDFC Securities

Last Updated on 2020-12-07T11:46:14+00:00


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