HDFC Securities Ltd, a subsidiary of HDFC Bank. It basically means that you can get a 3-in-1 account service that combines HDFC Securities Trading Account with the HDFC Securities Demat Account, and HDFC Bank account resulting in an amazing trading experience, and above that it also provides a free mutual fund account. It is one of the largest full-service brokers in India with more than 20 lakh customers, including both retail and institutional clients.
HDFC Securites, due to its large customer base, happens to be one of the leading depository participants with both CDSL and NSDL; more than 2.03 million demat accounts with a comprehensive network that has more than 3500 service branches. They have more than 270 branches across 185, catering investment needs of a gigantic diversified customer base including both retail and institutional investors.
HDFC Securities is a registered member of BSE, NSE, IRDA, PFRDA, AMFI,
A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.
Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.
Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services
Charge | HDFC Securities | Alice Blue |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | Equity ₹310, MCX ₹200 & ₹500 All segments |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹750 | ₹400 |
Charge | HDFC Securities | Alice Blue |
---|---|---|
Plan Name | Basic | Freedom 15 Plan |
Equity Delivery | 0.50% | ₹0 |
Equity Intraday | 0.05% | ₹15 per order or 0.01% whichever is lower |
Equity Futures | 0.05% | ₹15 per order or 0.01% whichever is lower |
Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) | ₹15 per order |
Currency Futures | ₹23 per contract | ₹15 per order or 0.01% whichever is lower |
Currency Options | ₹20 per contract | ₹15 per order |
Commodity Options | 0.02% for Intraday / 0.025% for positional | Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order |
Mutual Fund | N/A | N/A |
Segment | HDFC Securities | Alice Blue |
---|---|---|
Equity Delivery | 2x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Intraday | Upto 20x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Future | Nil | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Equity Options | Nil | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Currency Future | Nil | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Currency Options | Nil | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Commodity Future | Nil | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Commodity Options | N/A | N/A |