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,
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Charge | HDFC Securities | Trade Smart Online |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹200 |
Trading Acc Opening Charges | ₹999 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹750 | ₹300 |
Charge | HDFC Securities | Trade Smart Online |
---|---|---|
Plan Name | Basic | Power Trading Plan |
Equity Delivery | 0.50% | ₹15 per executed order |
Equity Intraday | 0.05% | ₹15 per executed order |
Equity Futures | 0.05% | ₹15 per executed order |
Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) | ₹15 per executed order |
Currency Futures | ₹23 per contract | ₹15 per executed order |
Currency Options | ₹20 per contract | ₹15 per executed order |
Commodity Options | 0.02% for Intraday / 0.025% for positional | ₹15 per executed order |
Mutual Fund | N/A | N/A |
Segment | HDFC Securities | Trade Smart Online |
---|---|---|
Equity Delivery | 2x | 1x (No Margin) |
Equity Intraday | Upto 20x | Upto 30x |
Equity Future | Nil | MIS: 3X | BO: 7X | CO: 7X |
Equity Options | Nil | MIS: 3X | BO: 7X | CO: 7X |
Currency Future | Nil | MIS: 3X | BO: 3X | CO: 3X |
Currency Options | Nil | MIS: 3X |
Commodity Future | Nil | MIS: 2X | BO: 6X | CO: 6X |
Commodity Options | N/A | N/A |