HDFC Securities vs Alice Blue Comparison: 2024

About HDFC Securities

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 Securities : Overview

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,

About Alice Blue

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.

Alice Blue: Overview

Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services

HDFC Securities vs Alice Blue Account Opening Charges: 2024

ChargeHDFC SecuritiesAlice 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

HDFC Securities vs Alice Blue Brokerage Charges and Plans : 2024

ChargeHDFC SecuritiesAlice Blue
Plan NameBasicFreedom 15 Plan
Equity Delivery0.50%₹0
Equity Intraday0.05% ₹15 per order or 0.01% whichever is lower
Equity Futures0.05% ₹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 Options0.02% for Intraday / 0.025% for positional Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order
Mutual FundN/AN/A

HDFC Securities vs Alice Blue Margin / Exposure: 2024

SegmentHDFC SecuritiesAlice Blue
Equity Delivery2xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity IntradayUpto 20xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity FutureNilIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency FutureNilIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency OptionsNilIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity FutureNilIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity OptionsN/AN/A

HDFC Securities vs Alice Blue Currency Charges and Plans: 2024

HDFC Securities charge ₹23 per contract for Currency Futures and ₹20 per contract for Currency Options whereas Alice Blue Charges ₹15 per order or 0.01% whichever is lower for Currency futures and ₹15 per order for Currency options.

HDFC Securities vs Alice Blue Commodity Charges and Plans: 2024

HDFC Securities charge 0.02% for Intraday / 0.025% for positional for commodity and Alice Blue charge Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order for commodity.
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