HDFC securities Vs INDmoney
HDFC securities
HDFC securities is a full service Broker. HDFC securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
HDFC securities Vs INDmoney - Broker Details
| HDFC securities | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2019 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | 260+ | 966 |
| Brokerage | 0.05% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full service Broker | Discount Broker |
HDFC securities Vs INDmoney - Account Opening & AMC Charges
| HDFC securities | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/- | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
HDFC securities Vs INDmoney - Brokerage charges & Plans
| HDFC securities | INDmoney | |
|---|---|---|
| Commodity Futures | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order | N/A |
| Currency Futures | ₹23/Contract | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹100/Lot (Both Buy & Sell) | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹100/Lot | N/A |
| Equity Futures | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Contract | 0.05% or up to ₹20/Per Order |
| Fixed Charges | N/A | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.05% | 0.05% or up to ₹20/Per Order |
HDFC securities Vs INDmoney - Other Charges
| HDFC securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹0(Free) | ₹50 per position |
| Other Brokerage Charges | 0.05% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.05% | 0.05% or up to ₹20/Per Order |
HDFC securities Vs INDmoney - Transaction Charges
| HDFC securities | INDmoney | |
|---|---|---|
| Currency Options | 0.040% (On premium) | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.00190% | NSE: 0.00195% on total turnover value |
| Equity Intraday | 0.00325% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.050% (on premium) | NSE: 0.053% on premium value |
| Commodity | N/A | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.00110% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.00325% | NSE - 0.00325% | BSE- 0.00375% |
HDFC securities Vs INDmoney - Margin (Exposure)
| HDFC securities | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
HDFC securities Vs INDmoney - Features
| HDFC securities | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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HDFC securities Vs INDmoney - Review & Rating
| HDFC securities | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
HDFC securities Vs INDmoney - Request a call back from Broker
| HDFC securities | INDmoney | |
|---|---|---|
HDFC securities Vs INDmoney - Investment Options
| HDFC securities | INDmoney | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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HDFC securities Vs INDmoney - Order Type
| HDFC securities | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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HDFC securities Vs INDmoney - Research & Report
| HDFC securities | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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HDFC securities Vs INDmoney - Daily Market Report
| HDFC securities | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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HDFC securities Vs INDmoney - Suitable For Investor
| HDFC securities | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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HDFC securities Vs INDmoney - Pros & Cons
| HDFC securities | INDmoney | |
|---|---|---|
| Pros | 1. It provides an integrated three-in-one account (i.e. banking, broking and demat account). It makes HDFC extremely convenient trading platform. 2. It provides the facility of online investment in IPOs, Mutual Funds, GOI Bonds, Insurance and Postal Savings Schemes all of it from a single website. 3. It allows trading in both BSE and NSE. 4. The trading platforms are specially designed for the beginners. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1. The brokerage is comparatively higher than other brokers and is negotiable. 2. It does not provide commodity trading. 3. The minimal brokerage charged is ₹25 per trade that is too high. 4.It does not provide good margin limit. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
HDFC securities Vs INDmoney - Background
| HDFC securities | INDmoney | |
|---|---|---|
HDFC securities Vs INDmoney - Compare All Brokers
| HDFC securities | INDmoney | |
|---|---|---|
HDFC securities Vs INDmoney - STT/CTT
| HDFC securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
HDFC securities Vs INDmoney - Demat transaction charges
| HDFC securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | 0.04% of transaction value (minimum ₹25) | ₹250/ per certificate |
HDFC securities Vs INDmoney - GST
| HDFC securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
HDFC securities Vs INDmoney - SEBI Charges
| HDFC securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
HDFC securities Vs INDmoney - Account Opening & AMC Charges
HDFC securities
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/-
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
HDFC securities Vs INDmoney
| HDFC securities | INDmoney | |
|---|---|---|
HDFC Securities Review | Brokerage Charges, Account OpeningHDFC securities India is the most renowned financial service providing company which is a subsidiary of private bank HDFC. HDFC securities ltd provides the both online trading and the trading on the go i.e. mobile or tab. HDFC securities is cdsl or nsdl participant with
Read more..
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INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
HDFC securities Vs INDmoney - Brokerage charges & Plans
| HDFC securities | INDmoney | |
|---|---|---|
| Commodity Futures | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order | N/A |
| Currency Futures | ₹23/Contract | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹100/Lot (Both Buy & Sell) | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹100/Lot | N/A |
| Equity Futures | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Contract | 0.05% or up to ₹20/Per Order |
| Fixed Charges | N/A | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.05% | 0.05% or up to ₹20/Per Order |
HDFC securities Vs INDmoney - Margin (Exposure)
| HDFC securities | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
HDFC securities Vs INDmoney - Other Charges
| HDFC securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹0(Free) | ₹50 per position |
| Other Brokerage Charges | 0.05% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.05% | 0.05% or up to ₹20/Per Order |
HDFC securities Vs INDmoney - STT/CTT
| HDFC securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
HDFC securities Vs INDmoney - Demat transaction charges
| HDFC securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | 0.04% of transaction value (minimum ₹25) | ₹250/ per certificate |
HDFC securities Vs INDmoney - GST
| HDFC securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
HDFC securities Vs INDmoney - SEBI Charges
| HDFC securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
HDFC securities Vs INDmoney - Features
| HDFC securities | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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