HDFC Securities vs Yes Securities 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 Yes Securities
It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank Securities: An Overview
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
HDFC Securities vs Yes Securities Account Opening Charges: 2024
| Charge | HDFC Securities | Yes Securities |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹999 | ₹999 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹750 | ₹500 |
HDFC Securities vs Yes Securities Brokerage Charges and Plans : 2024
| Charge | HDFC Securities | Yes Securities |
|---|---|---|
| Plan Name | Basic | Invest Value Plan |
| Equity Delivery | 0.50% | 0.45% |
| Equity Intraday | 0.05% | 0.05% |
| Equity Futures | 0.05% | 0.05%, Intraday - 0.02% |
| Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) | ₹75 per lot, Intraday - ₹25 per lot |
| Currency Futures | ₹23 per contract | 0.05%, Intraday - 0.02% |
| Currency Options | ₹20 per contract | ₹75 per lot, Intraday - ₹25 per lot |
| Commodity Options | 0.02% for Intraday / 0.025% for positional | N/A |
| Mutual Fund | N/A | N/A |
HDFC Securities vs Yes Securities Margin / Exposure: 2024
| Segment | HDFC Securities | Yes Securities |
|---|---|---|
| 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 |