The brokerage of Karvy ranges between 0.03 to 0.3% 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 Karvy 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 Karvy 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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||NSE,BSE,MCX-SX,MCX,NCDEX||BSE, NSE|
|Broker Overview||KSBL is one of the largest stock broking houses in India offering services in stock broking, depository participant, distribution of financial products, advisory and private client group. The Broker is well known for its leading edge advice and high ...||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...|
In this section we have compared Karvy with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where HDFC Securities charges Rs 999 for account opeing. Demat AMC charges - Karvy charges Rs 500 PA AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 999|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 500 PA||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Karvy with HDFC Securities. 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.
|Plan Types||Karvy||HDFC Securities|
|Account Opening Request|
Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.
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||Karvy||HDFC Securities|
|Plan Name||Basic Trading Plan (Percentage Based)||Online Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.5% or 50 paisa|
|Equity Intraday||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Futures||0.03% or 3 paisa||0.05% or 5 paisa|
|Equity Options||Rs 50 Per Lot||0.1% of Premium or Rs 100 per lot whichever is high|
|Currency Futures||0.03% or 3 paisa||Rs 23 per lot|
|Currency Options||Rs 50 Per Lot||Rs 20 per lot|
|Commodity Trading||0.03% or 3 paisa||NA|
|Minimum Brokerage||Rs 25|
|Hidden Charges||Info Not Available||Yes|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||Call 18004198283 number for Call and Trade, SMS Order faclity also available||Free|
|Brokerage Calculator||Brokerage Calculator for Karvy||Brokerage Calculator for HDFC Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for Karvy||SPAN Margin Calculator for HDFC Securities|
Compare Karvy with HDFC Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Karvy||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 110 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 karvy||Complete Brokerage Plans for hdfc-securities|
Compare Karvy 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 Karvy offers only 2-in-1 account which includes trading and demat account. Algo Trading - Karvy offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - both brokers dont have margin funing facility. NRI Trading - HDFC Securities offers NRI where Karvy doesn't offers NRI Trading.
|Account Features Compare||Karvy||HDFC Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Karvy and HDFC Securities. 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||Karvy||HDFC Securities|
|Desktop Trading Platform||Karvy NESTTrader||Blink|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.karvyonline.com/KARVY/Login/indexauth.jsp||https://trade.hdfcsec.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||KarvyOnline||HDFC securities Mobile|
|Mobile Trading App Demo||KarvyOnline Demo||HDFC securities Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod KarvyOnline Download||Andriod HDFC securities Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS KarvyOnline Download||iOS HDFC securities Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Yes, Blink - Rs 3999 PA,ProTerminal -Rs 1999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Karvy||Equity Intraday and Delivery Brokerage Calculator for HDFC Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Karvy||Futures Brokerage Calculator for HDFC Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Karvy||Options Brokerage Calculator for HDFC Securities|
|Detail||Detail on Trading Platforms for karvy||Detail on Trading Platforms for hdfc-securities|
|3 Customer Reviews||89 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Karvy is Rated 2.7 / 5 based on 3 customer reviews||HDFC Securities is Rated 2.5 / 5 based on 89 customer reviews|
Compare Karvy 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Karvy 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) - Karvy provide PMS Service where HDFC Securities doesn't offer
|Investment Offerings Compare||Karvy||HDFC Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||Insurance|
Order Type - Compare Karvy with HDFC Securities 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) - Karvy 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)- both doesn't offers AMO ordres. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Karvy||HDFC Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Karvy with HDFC Securities 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.
|Margin Product Compare||Karvy||HDFC Securities|
|Equity Delivery Margin||Up to 4x leverage for equity delivery.||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Up to 13x leverage for equity.||Upto 3x leverage for equity.|
|Futures Margin||Up to 2x leverage for futures.||Upto 3x leverage for futures.|
|Options Margin||2x margin for options shorting, no leverage for option buying.||Upto 3x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Up to 20x margin/leverage for equity CO for selected equity scripts.||Upto 10x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Up to 20x margin/leverage for future CO.||Upto 4x margin/leverage in CO order.|
|Options CO Margin||Info Not Available||Upto 4x margin/leverage in CO order.|
|Commodity Margin||Up to 30x margin/leverage for commodity trading.||Info Not Available|
Compare Karvy with HDFC Securities 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 Service Compare||Karvy||HDFC Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18004198283/7093706007/18004198283||91-22-3355336|
|Account Opening Process||Online/Paperless||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Hyderabad - 500 034
|LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
Compare Karvy with HDFC Securities on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Karvy with HDFC Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||1) For Individuals other than NRI: Rs. 500/- p.a; 2) For NRI A/c: Rs.1500/- p.a; 3) For Corporate A/c: Rs.5000/- p.a.; 4) For Foreign Corporate Body A/c: Rs.10000/- p.a.||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|
|Advance Deposit||NIL||Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-|
|Statutory charges||NIL||Stamp duty -Nil|
|Transaction Charges on Debit (Per ISIN)||1) If sold through KSBL, for "KSBL POA" registered Account: Rs.12/- per instruction; 2) For all other transactions Rs.30/- per instruction upto a value of Rs.30,000/- or part thereof, Rs.10/- for every additional value of Rs.30,000/- or part thereof, subject to Minimum of Rs.30/- and Maximum of Rs.1000/- per instruction; 3) For BSDA Accounts Rs.100/- per instruction; 4) For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs.100/- per instruction||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|
|Demat||1) Rs. 5 per certificate + Rs.40/- for Postage/Courier charges; 2) For BSDA Accounts: Rs.10/- per certificate + Rs.50/- Postage/Courier charges||Rs. 5/- per certificate + Rs.35/- per Dematerialisation request submitted|
|Remat||Rs.20/- for every 100 securities or Rs.20/- per certificate whichever is higher||Rs. 30/-per request + CDSL actuals|
|Pledge Creation||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction||NIL|
|Pledge Creation Confirmation||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction||(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|
|Pledge Closure||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction||NIL|
|Pledge Closure Confirmation||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction||(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|
|Pledge Invocation||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction||(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)|
|Failed Instruction Charges||Rs.100/- per instruction||NIL|
|Other Charges||1) Rs.100/- per Demat Rejection ; 2) Rs.100/- per Client Modification Request; 3) Rs.100/- per DIS Lost Request ; 4) Rs.100/- per request for physical statements (SOT/SOH )||(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.|
Compare Karvy with HDFC Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
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||Upto 24 Hrs except Bank Holidays.||Instance to HDFC Bank.|
|Bank Supported and Charges||Around 40+ bank are prefered parter with Karvy Stock Broking.||Info Not Available|
|Bank Detail||Info Not Available||Direct from your HDFC bank account.|
Customer centric, leading edge technology, top-notch research team, professional management and a wide network of offices across India.
no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges
|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 Karvy||Enquire about HDFC Securities|
Last Updated on 2019-06-23T23:14:53+00:00