Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. 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. Number of active customer for HDFC Securities is 63,24,623 where number of active customer for Zerodha is 10,16,493. HDFC Securities is serving more customer compare to Zerodha.
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.
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
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||NSE, BSE, MCX||NSE, BSE, MCX|
|Broker Overview||Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite app, and web trading platform...||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...|
Comparison of Zerodha with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening where HDFC Securities charges Rs 999 for account opening. 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 Account Opening Fees||Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)||Rs 999|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Zerodha 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.
|Plan Types||Zerodha||HDFC Securities|
|Account Opening Request|
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
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||Zerodha||HDFC Securities|
|Plan Name||Max Rs 20 per order Trading Plan||Percentage based brokerage plan|
|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 Fee Rs 20||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 Fee Rs 20||Rs 20 per lot|
|Commodity Trading||Flat Fee Rs 20||Rs. 20 per order, Options: Rs. 100 per lot|
|Minimum Brokerage||NIL||Rs 25|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Rs 50 Per Executable Order||Free|
|Auto Square off Charges||Rs 50 Per Executable Order||Free|
|Brokerage Calculator||Brokerage Calculator for Zerodha||Brokerage Calculator for HDFC Securities|
Compare Zerodha with HDFC Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Zerodha||HDFC Securities|
|Equity Delivery||Rs 335 Per Cr||Rs 335 Per Cr|
|Equity Intraday||Rs 335 Per Cr||Rs 335 Per Cr|
|Equity Futures||Rs 200 Per Cr||Rs 200 Per Cr|
|Equity Options||Rs 5050 Per Cr||Rs 5050 Per Cr|
|Currency Futures||Rs 90 Per Cr||Rs 90 Per Cr|
|Currency Options||Rs 3500 Per Cr||Rs 3500 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|
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 - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - Zerodha offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||Zerodha||HDFC Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:10 PM||3:15PM|
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 links for mobile app to download and demo links for easy access.
|Trading Platform Compare||Zerodha||HDFC Securities|
|Desktop Trading Platform||Kite By Zerodha||ProTerminal|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.hdfcsec.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Zerodha Kite||HDFC securities Mobile|
|Mobile Trading App Demo||Zerodha Kite Demo||HDFC securities Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod Zerodha Kite Download||Andriod HDFC securities Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Zerodha Kite Download||iOS HDFC securities Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Proterminal - Rs. 2500 (Offer price: Rs. 1500)|
|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|
|159 Customer Reviews||97 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Zerodha is Rated 3.9 / 5 based on 159 customer reviews||HDFC Securities is Rated 2.4 / 5 based on 97 customer reviews|
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 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||Zerodha||HDFC Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Insurance|
Order Type - Compare Zerodha 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) - Both broker 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)- Zerodha 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 Type Compare||Zerodha||HDFC Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Zerodha 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 Service Compare||Zerodha||HDFC Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+ 91 80 4040 2020"||022-39019400|
|Account Opening Process||Online/Paperless||Offline|
|Customer Support Email||[email protected]||[email protected], customer|
|Head Office 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,
Compare Zerodha with HDFC Securities on research reports and tips provided by the broker.
Compare Zerodha 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 HDFC Securities is ₹750 pa where for Zerodha is ₹300 pa.
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 Zerodha is ₹8 + ₹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 Account Annual Maintenance Charges(AMC)||₹300 pa||₹750 pa|
|Advance Deposit||Nil||Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-|
|Transaction Charges on Debit (Per ISIN)||₹8 + ₹5.50 (CDSL Charges) per transaction||0.04% (Min ₹20) + CDSL charges|
|Demat||₹150 per certificate + ₹100 courier charges||₹5 per certificate + ₹35 request charges|
|Remat||₹150 per certificate + ₹100 courier charges + CDSL Charges||₹30|
|Pledge Creation||₹20 + ₹12 CSDL charges||Nil|
|Pledge Creation Confirmation||Nil||0.04% of transaction value (Min ₹40)|
|Pledge Closure||₹20 + ₹12 CSDL charges||Nil|
|Pledge Closure Confirmation||Nil||0.04% of transaction value (Min ₹40)|
|Pledge Invocation||₹20||0.04% of transaction value (Min ₹40)|
|Failed Instruction Charges||₹50 per instraction||Nil|
Compare Zerodha with HDFC Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||pay-in/adding funds - 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||Max 24 hrs except for bank holidays||Instant to HDFC Bank.|
|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
Branch: Sandoz Branch, Mumbai
|Direct from your HDFC bank account.|
Trading with Zerodha brings multiple benefits or advantages, an indicative list is as follows;
Despite many advantages, there are following drawbacks while trading with India's leading discount broker, Zerodha
|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.|
|Enquiry||Open Zerodha Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-09-13T05:06:06+00:00
HDFC is one of the largest full-time brokers of India which is a registered member of BSE, NSE, IRDA, PFRDA, AMFI, and MCX. The broker offers a different arena of products including equity, derivatives, fixed deposits, mutual funds, insurance, IPOs, bonds, currency derivatives, NCDs, ETF, and NPS. The broker has more than 250 branches across the country.
While Zerodha is a discount broker that offers low brokerage and high exposure. Zerodha offers its investors to trade and invests in equity, equity F&O, commodity, currency, Direct Mutual Funds through SIP and lump-sum, ETFs, Government securities, and bonds. HDFC Securities Limited provides the full exposure of all the worlds, however, Zerodha has resources but not as much compared to HSL.