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,
Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
Charge | HDFC Securities | Interactive Brokers |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹750 | ₹0 |
Charge | HDFC Securities | Interactive Brokers |
---|---|---|
Plan Name | Basic | N/A |
Equity Delivery | 0.50% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Intraday | 0.05% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Futures | 0.05% | Minimum ₹6 and Upto ₹20 per executed order |
Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) | Minimum ₹6 and Upto ₹20 per executed order |
Currency Futures | ₹23 per contract | Minimum ₹6 and Upto ₹20 per executed order |
Currency Options | ₹20 per contract | Minimum ₹6 and Upto ₹20 per executed order |
Commodity Options | 0.02% for Intraday / 0.025% for positional | N/A |
Mutual Fund | N/A | N/A |
Segment | HDFC Securities | Interactive Brokers |
---|---|---|
Equity Delivery | 2x | N/A |
Equity Intraday | Upto 20x | N/A |
Equity Future | Nil | N/A |
Equity Options | Nil | N/A |
Currency Future | Nil | N/A |
Currency Options | Nil | N/A |
Commodity Future | Nil | N/A |
Commodity Options | N/A | N/A |
HDFC Securities | Interactive Brokers |
---|---|
No data |