HDFC Securities vs Angel Broking 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 Angel Broking
In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.
Angel Broking: An Overview
Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.
So, let's begin with the wide range of products and services that Angel Broking offers you.
Angel Broking: Product and Services Offered
- Equity
- Initial Public Offering (IPO)
- Commodity Trading
- Currency Trading
- Derivatives
- Life Insurance
- Mutual Funds
- Portfolio Management Service (PMS)
- Depository Services
- Investment Advisory
- Offline to Online conversion
- Intraday Trading
It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and
HDFC Securities vs Angel Broking Account Opening Charges: 2024
| Charge | HDFC Securities | Angel Broking |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹999 | ₹600 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹750 | ₹450 (from 2nd year onwards) |
HDFC Securities vs Angel Broking Brokerage Charges and Plans : 2024
| Charge | HDFC Securities | Angel Broking |
|---|---|---|
| Plan Name | Basic | iTrade Prime |
| Equity Delivery | 0.50% | ₹0 |
| Equity Intraday | 0.05% | Flat ₹20 per executed order |
| Equity Futures | 0.05% | Flat ₹20 per executed order |
| Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) | Flat ₹20 per executed order |
| Currency Futures | ₹23 per contract | Flat ₹20 per executed order |
| Currency Options | ₹20 per contract | Flat ₹20 per executed order |
| Commodity Options | 0.02% for Intraday / 0.025% for positional | Flat ₹20 per executed order |
| Mutual Fund | N/A | N/A |
HDFC Securities vs Angel Broking Margin / Exposure: 2024
| Segment | HDFC Securities | Angel Broking |
|---|---|---|
| Equity Delivery | 2x | Upto 3x |
| Equity Intraday | Upto 20x | Upto 10x |
| Equity Future | Nil | Upto 4x |
| Equity Options | Nil | 3x for shorting |
| Currency Future | Nil | Upto 2x |
| Currency Options | Nil | Upto 5x for shorting |
| Commodity Future | Nil | 3x |
| Commodity Options | N/A | N/A |