Zerodha Vs HDFC Securities: Which one is better?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of HDFC Securities ranges between .05 to .5%. Zerodha is a Discount Broker where HDFC Securities is a Full Service Broker. Zerodha is having overall higher rating compare to HDFC Securities. Zerodha is rated 4.5 out of 5 where HDFC Securities is rated only 4 out of 5.

Here we present side-by-side comparison of Zerodha 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 Zerodha 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.

Compare Zerodha vs HDFC Securities on Service

  Zerodha Compare
Zerodha
HDFC Securities Compare
HDFC Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX-SX and MCX BSE, NSE
Broker Overview With high-class technology, unique trading tools and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inve... Know more about Zerodha 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
Broker Enquiry Open an Online Trading Account with Zerodha. 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 Zerodha vs HDFC Securities on Trading & Demat Account Opening Charges

In this section we have compared Zerodha with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Rs 200 for account opening where HDFC Securities charges Rs 999 for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA 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 Zerodha with HDFC Securities
Charges Zerodha HDFC Securities
Trading Account Opening Fees Rs 200 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Rs 100 Free
Demat AMC Rs 300 PA Rs 750 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs HDFC Securities on Plan Options

Plans are the most important feature you look when compare Zerodha 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.

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

Account Opening

  Zerodha HDFC Securities
Account Opening Request
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Brokerage Charges

Compare Zerodha vs HDFC Securities on Brokerage Charges

Zerodha Brokerage Plan detail - Rs 20 flat plan from Zerodha is same for intraday, F&O equity, commodity and currency on NSE,BSE,MCX & MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the Maximum brokerage you need to pay for per executable order, so charges can be less as .01% (intraday equity & futures) whichever is lower. Equity Delivery is Free with Zerodha.

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 Zerodha with HDFC Securities
Brokerage Charges Compare Zerodha HDFC Securities
Plan Name Max Rs 20 Per Order Trading Plan Online Trading Plan (Percentage Based)
Equity Delivery Free 0.5% or 50 paisa
Equity Intraday 0.01% or Rs 20 whichever is lower 0.05% or 5 paisa
Equity Futures 0.01% or Rs 20 whichever is lower 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 0.01% or Rs 20 whichever is lower Rs 23 per lot
Currency Options Flat Fee Rs 20 Rs 20 per lot
Commodity Trading Flat Fee Rs 20 NA
Minimum Brokerage NIL Rs 25
Hidden Charges No Yes
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 20 Per Executable Order Free
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for HDFC Securities
SPAN Margin Calculator SPAN Margin Calculator for Zerodha SPAN Margin Calculator for HDFC Securities
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Share Broker's Transaction Charges

Compare Zerodha vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare Zerodha with HDFC Securities
Transaction Charges Compare Zerodha 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 135 Per Cr Rs 110 Per Cr
Currency Options Rs 4400 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for hdfc-securities
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Account Features

Compare Zerodha vs HDFC Securities on Account Features

Compare Zerodha 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 Zerodha offers only 2-in-1 account which includes trading and demat account. Algo Trading - Zerodha offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - both brokers dont have margin funing facility. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Zerodha with HDFC Securities
Account Features Compare Zerodha HDFC Securities
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. Yes, Zerodha 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 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features
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Trading Platform

Compare Zerodha vs HDFC Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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 Zerodha with HDFC Securities
Trading Platform Compare Zerodha HDFC Securities
Desktop Trading Platform Zerodha PI 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://kite.zerodha.com/ https://trade.hdfcsec.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite HDFC securities Mobile
Mobile Trading App Demo Zerodha Kite Demo HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Zerodha Kite 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for HDFC Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for HDFC Securities
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for HDFC Securities
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for hdfc-securities

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Broker Ratings by Users

Compare Zerodha vs HDFC Securities on User Rating

  Zerodha HDFC Securities
  154 Customer Reviews    Rate Zerodha 89 Customer Reviews    Rate HDFC Securities
Fees Ratings 4.0 2.4
Trading Brokerage Rating 4.5 2.2
Trading Platform Usability 3.7 3.0
Customer Service Ratings 3.8 2.9
Overall Ratings Rated 3.9 stars Rated 2.5 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 154 customer reviews HDFC Securities is Rated 2.5 / 5 based on 89 customer reviews
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Investment Offerings

Compare Zerodha vs HDFC Securities on Investment Offerings

Compare Zerodha 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 - Zerodha 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) - both the brokers don't have PMS Service.

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

Compare Zerodha vs HDFC Securities on Order Types

Order Type - Compare Zerodha 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) - Zerodha 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)- Zerodha offers After Market Orders where HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where Zerodha doesn't support Good Till Cancelled (GTC) orders.

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

Compare Zerodha vs HDFC Securities on Margin/Leverage

Comapre Zerodha 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.

Exposure/margin - Compare Zerodha with HDFC Securities
Margin Product Compare Zerodha HDFC Securities
Equity Delivery Margin Zerodha vs HDFC Securities - Equity Delivery Margin No Delivery margin. Upto 4x via Margin Funding.
Equity Intraday Margin Zerodha vs HDFC Securities - Equity Intraday Margin Up to 12.5x margin for Intraday leverage for equity. Upto 3x leverage for equity.
Futures Margin Zerodha vs HDFC Securities - Futures Margin Up to 2x leverage for future. Upto 3x leverage for futures.
Options Margin Zerodha vs HDFC Securities - Options Margin Up to 2x margin for options shorting, no leverage for option buying. Upto 3x margin for Options shorting, No leverage for option buying.
Equity CO Margin Zerodha vs HDFC Securities - Equity CO Margin Up to 20.8x margin/leverage in equity CO order for selected equity scripts. Upto 10x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Zerodha vs HDFC Securities - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for future contracts. Upto 4x margin/leverage in CO order.
Options CO Margin Zerodha vs HDFC Securities - Options CO Margin Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY. Upto 4x margin/leverage in CO order.
Commodity Margin Zerodha vs HDFC Securities - Commodity Margin Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Info Not Available
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Customer Service Offered

Compare Zerodha vs HDFC Securities on Customer Service

Compare Zerodha 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 Support - Compare Zerodha with HDFC Securities
Customer Service Compare Zerodha HDFC Securities
24/7 Customer Service Zerodha vs HDFC Securities - 24x7 customer support No No
Email Support Zerodha vs HDFC Securities - Email Support Yes Yes
Onine Live Chat Zerodha vs HDFC Securities - Onine Live Chat No Yes
Phone Support Zerodha vs HDFC Securities - Phone Support Yes Yes
Toll Free Number Zerodha vs HDFC Securities - Toll Free Number No No
Through Branches Zerodha vs HDFC Securities - Through Branches Yes Yes
Customer Care Number Zerodha vs HDFC Securities - Customer Care Number "+ 91 80 4040 2020" 91-22-3355336
Account Opening Process Zerodha vs HDFC Securities - Account Opening Process Online/Paperless Offline
Customer Support Email Zerodha vs HDFC Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs HDFC Securities - Knowledge Center/Education https://support.zerodha.com/ https://www.hdfcsec.com/products/demolisting
Head Office Address Zerodha vs HDFC Securities - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website Zerodha vs HDFC Securities - Company Website https://zerodha.com/ https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare Zerodha vs HDFC Securities on Research Reports, Tips

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

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

Compare Zerodha vs HDFC Securities on Demat Account

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

Demat Charges - Compare Zerodha with HDFC Securities
  Zerodha HDFC Securities
DP Source CDSL CDSL
DP ID Zerodha vs HDFC Securities - DP ID 81600 12400
Demat Account Annual Maintenance Charges(AMC) 300 - Individual 1000 - Non Individual 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 Rs.50/- (POA Charges) Stamp duty -Nil
Transaction Charges on Debit (Per ISIN) On market: Rs.8+5.5 (CDSL charges) Off market: 0.03% of Rs.25 whichever is higher 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 150 per certificate + Rs.100 courier charges Rs. 5/- per certificate + Rs.35/- per Dematerialisation request submitted
Remat 150 per certificate + Rs.150 courier charges + CDSL charges Rs. 30/-per request + CDSL actuals
Pledge Creation Rs.20 + Rs.12 per request (CDSL charges) NIL
Pledge Creation Confirmation Nil (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 Rs.20 + Rs.12 per request (CDSL charges) NIL
Pledge Closure Confirmation Nil (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 Rs.20 (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.50 per instruction NIL
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request (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.

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs HDFC Securities on Special Offers and Promotion

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

Compare Zerodha vs HDFC Securities on Special Offers and Promotion
  Zerodha HDFC Securities
Pay In and Pay Out Options Zerodha vs HDFC Securities - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
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 Zerodha vs HDFC Securities - Payout Time Max 24 hrs except bank holidays Instance to HDFC Bank.
Bank Supported and Charges Zerodha vs HDFC Securities - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Direct from your HDFC bank account.
Likes
  • Strong customer support.
  • User-friendly Brokerage and margin calculators.
  • Free,online,open to all education module covering all the topics related to trading called Varsity.
  • Active trading forum called trading q&a.
  • Online account opening linked with your AAdhar card.

Detail Review...

  • 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...

Dislikes
  • Doesn't have monthly plans.
  • Call and trade is not free.
  • Doesn't provide facility to online invest in IPO via Zerodha Kite.
  • Detail Review...

  • 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...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. 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 Zerodha Enquire about HDFC Securities

Last Updated on 2019-06-24T02:19:12+00:00







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