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Sharekhan Vs HDFC Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Sharekhan ranges between 0.1 to 0.5% 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. Number of active customer for HDFC Securities is 11,63,260 where number of active customer for Sharekhan is 7,68,586. HDFC Securities is serving more customer compare to Sharekhan.

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

  Sharekhan Compare
Sharekhan
HDFC Securities Compare
HDFC Securities
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 2.5 stars Rated 3 stars
Trading Platform Rated 4.5 stars Rated 4.5 stars
Investments Offering Rated 5 stars Rated 4.5 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 7,68,586 11,63,260
Broker Overview Sharekhan is part of the top 10 brokers in India serving 7.5 lakh+ active customers. Powerful Trade Tiger desktop trading terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated ... Know more about Sharekhan 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...Know more about HDFC Securities
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Sharekhan with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where HDFC Securities charges Rs 999 for account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for first 3 year) 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 Sharekhan with HDFC Securities
Charges Sharekhan HDFC Securities
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for first 3 year) Rs 750 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs HDFC Securities on Plan Options

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

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

Account Opening

  Sharekhan Zerodha
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs HDFC Securities on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan with HDFC Securities
Brokerage Charges Compare Sharekhan HDFC Securities
Plan Name Classic Trading Plan (Percentage Based) Percentage based brokerage plan
Equity Delivery 0.5% or 50 paisa 0.50%
Equity Intraday 0.1% or 10 paisa 0.05%
Equity Futures 0.1% or 10 paisa 0.05%
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Higher of 0.1% of Premium or Rs 100 per lot
Currency Futures 0.1% or 10 paisa Rs 23 per lot
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Rs 20 per lot
Commodity Trading 0.1% or 10 paisa Rs. 20 per order, Options: Rs. 100 per lot
Minimum Brokerage Rs 20 Rs 25
Hidden Charges No Yes
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free
Auto Square off Charges Free Free
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for HDFC Securities
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Share Broker's Transaction Charges

Compare Sharekhan vs HDFC Securities on Transaction Charges

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

Transaction Charges - Compare Sharekhan with HDFC Securities
Transaction Charges Compare Sharekhan 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 100 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 sharekhan Complete Brokerage Plans for hdfc-securities
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Account Features

Compare Sharekhan vs HDFC Securities on Account Features

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

Account Features - Sharekhan with HDFC Securities
Account Features Compare Sharekhan HDFC Securities
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. Yes, Sharekhan 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 Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Sharekhan vs HDFC Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 Sharekhan with HDFC Securities
Trading Platform Compare Sharekhan HDFC Securities
Desktop Trading Platform TradeTiger ProTerminal
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.sharekhan.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 Sharekhan HDFC securities Mobile
Mobile Trading App Demo Sharekhan Demo HDFC securities Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod HDFC securities Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Sharekhan Download iOS HDFC securities Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Proterminal - Rs. 2500 (Offer price: Rs. 1500)
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for HDFC Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for HDFC Securities
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for HDFC Securities
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for hdfc-securities

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Broker Ratings by Users

Compare Sharekhan vs HDFC Securities on User Rating

  Sharekhan HDFC Securities
  184 Customer Reviews    Rate Sharekhan 96 Customer Reviews    Rate HDFC Securities
Fees Ratings 3.2 2.4
Trading Brokerage Rating 3.1 2.1
Trading Platform Usability 3.9 3.0
Customer Service Ratings 3.5 2.8
Overall Ratings Rated 3.6 stars Rated 2.4 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews HDFC Securities is Rated 2.4 / 5 based on 96 customer reviews
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Investment Offerings

Compare Sharekhan vs HDFC Securities on Investment Offerings

Compare Sharekhan 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) - Sharekhan provide PMS Service where HDFC Securities doesn't offer

Investment Offerings - Compare Sharekhan with HDFC Securities
Investment Offerings Compare Sharekhan HDFC Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes 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 Yes No
Other Investment Options NIL Insurance
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Order Types

Compare Sharekhan vs HDFC Securities on Order Types

Order Type - Compare Sharekhan 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) - Sharekhan 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)- Sharekhan 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 Sharekhan with HDFC Securities
Order Type Compare Sharekhan 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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Customer Service Offered

Compare Sharekhan vs HDFC Securities on Customer Service

Compare Sharekhan 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 Sharekhan with HDFC Securities
Customer Service Compare Sharekhan HDFC Securities
24/7 Customer Service Sharekhan vs HDFC Securities - 24x7 customer support No No
Email Support Sharekhan vs HDFC Securities - Email Support Yes Yes
Onine Live Chat Sharekhan vs HDFC Securities - Onine Live Chat Yes Yes
Phone Support Sharekhan vs HDFC Securities - Phone Support Yes Yes
Toll Free Number Sharekhan vs HDFC Securities - Toll Free Number Yes No
Through Branches Sharekhan vs HDFC Securities - Through Branches Yes Yes
Customer Care Number Sharekhan vs HDFC Securities - Customer Care Number 1800227500 022-39019400
Account Opening Process Sharekhan vs HDFC Securities - Account Opening Process Offline Offline
Customer Support Email Sharekhan vs HDFC Securities - Customer Support Email [email protected] [email protected], customer
Knowledge Center/Education Sharekhan vs HDFC Securities - Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.hdfcsec.com/products/demolisting/
Head Office Address Sharekhan vs HDFC Securities - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website Sharekhan vs HDFC Securities - Company Website https://www.sharekhan.com https://www.hdfcsec.com/
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Tips/Research/Reports Published

Compare Sharekhan vs HDFC Securities on Research Reports, Tips

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

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

Compare Sharekhan vs HDFC Securities on Demat Account

Compare Sharekhan 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 Sharekhan is ₹500 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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 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 Charges - Compare Sharekhan with HDFC Securities
  Sharekhan HDFC Securities
DP Source CDSL CDSL
DP ID Sharekhan vs HDFC Securities - DP ID 36000 12400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹750 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 0.04% (Min ₹20) + CDSL charges
Demat ₹5 per certificate (Min 50 per request) ₹5 per certificate + ₹35 request charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹30
Pledge Creation 0.03% (Min ₹100) Nil
Pledge Creation Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Closure Nil Nil
Pledge Closure Confirmation Nil 0.04% of transaction value (Min ₹40)
Pledge Invocation Nil 0.04% of transaction value (Min ₹40)
Failed Instruction Charges Nil Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs HDFC Securities on Special Offers and Promotion

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

Compare Sharekhan vs HDFC Securities on Special Offers and Promotion
  Sharekhan HDFC Securities
Pay In and Pay Out Options Sharekhan vs HDFC Securities - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney 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 Sharekhan vs HDFC Securities - Payout Time Max 24 hrs except bank holidays Instant to HDFC Bank.
Bank Supported and Charges Sharekhan vs HDFC Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Direct from your HDFC bank account.
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

  • Invest across all types of asset classes on BSE, NSE, and MCX.
  • Free web and mobile app-based trading platforms.
  • Ultra-speed and feature-rich ProTerminal platform.
  • Brokerage-free mutual fund investment.
  • Voice-enabled investing with Arya Intelligent Chatbot.
  • Advanced portfolio tracking.
  • Quick payout upto Rs. 5 Lac with Encash facility.
  • Free call & trade
  • Apply for IPOs online in just 3 clicks.
  • Start StockSIP.
  • Invest in shares of US-based companies.
  • Smallcase, a thematic investing platform.
  • Get access to HDFC research for
  • Place advance orders like bracket order, cover order, and Good Till Date (GTD) order.
  • Margin trading facility.

Detail Review...

Dislikes
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Direct mutual fund schemes are unavailable on the InstaMF platform.
  • Its fee structure is not transparent.

Detail Review...

  • Minimum brokerage fee of Rs. 25 per trade, subject to a maximum 2.5% ceiling on trade value.
  • High brokerage charges.
  • High Demat maintenance charges.
  • ProTerminal is a paid platform that charges a subscription fee every year.

Detail Review...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Sharekhan Account Now>> Open Zerodha Account Now>>

Last Updated on 2022-08-05T07:11:34+00:00