HDFC Securities vs Indiabulls 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 Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
HDFC Securities vs Indiabulls Account Opening Charges: 2024
| Charge | HDFC Securities | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹999 | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹750 | ₹450 |
HDFC Securities vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | HDFC Securities | Indiabulls |
|---|---|---|
| Plan Name | Basic | Equity Unlimited Trade Plan |
| Equity Delivery | 0.50% | ₹0 |
| Equity Intraday | 0.05% | ₹0 |
| Equity Futures | 0.05% | ₹15 per trade |
| Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) | ₹15 per trade |
| Currency Futures | ₹23 per contract | ₹15 per trade |
| Currency Options | ₹20 per contract | ₹15 per trade |
| Commodity Options | 0.02% for Intraday / 0.025% for positional | 0.03% |
| Mutual Fund | N/A | N/A |
HDFC Securities vs Indiabulls Margin / Exposure: 2024
| Segment | HDFC Securities | Indiabulls |
|---|---|---|
| Equity Delivery | 2x | 1x (No margin) |
| Equity Intraday | Upto 20x | Upto 5x |
| Equity Future | Nil | Intra-day: 4x | Carry forward: 1x |
| Equity Options | Nil | Intra-day: 4x | Carry forward: 1x |
| Currency Future | Nil | Intra-day: 2x | Carry forward: 1x |
| Currency Options | Nil | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | Nil | N/A |
| Commodity Options | N/A | N/A |