HDFC Securities vs Edelweiss 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 Edelweiss

Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.

Edelweiss Broking Ltd: An Overview

Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that

HDFC Securities vs Edelweiss Account Opening Charges: 2024

ChargeHDFC SecuritiesEdelweiss
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹999 ₹0
Trading Account AMC₹0₹0
Demat Account AMC₹750₹500 p.a. (For 1st year: Free)

HDFC Securities vs Edelweiss Brokerage Charges and Plans : 2024

ChargeHDFC SecuritiesEdelweiss
Plan NameBasicLite Plan
Equity Delivery0.50%₹10 per executed order
Equity Intraday0.05%₹10 per executed order
Equity Futures0.05%₹10 per executed order
Equity Options₹100 per lot or 1% of the premium (whichever is higher)₹10 per executed order
Currency Futures₹23 per contract₹10 per executed order
Currency Options₹20 per contract₹10 per executed order
Commodity Options0.02% for Intraday / 0.025% for positionalN/A
Mutual FundN/AN/A

HDFC Securities vs Edelweiss Margin / Exposure: 2024

SegmentHDFC SecuritiesEdelweiss
Equity Delivery2xUpto 10x
Equity IntradayUpto 20xUpto 40x
Equity FutureNil40x
Equity OptionsNilNil
Currency FutureNil1.5x
Currency OptionsNilNil
Commodity FutureNilUpto 6x
Commodity OptionsN/AN/A

HDFC Securities vs Edelweiss Currency Charges and Plans: 2024

HDFC Securities charge ₹23 per contract for Currency Futures and ₹20 per contract for Currency Options whereas Edelweiss Charges ₹10 per executed order for Currency futures and ₹10 per executed order for Currency options.
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