AnandRathi vs HDFC Securities – Point by Point Comparison

HDFC securities are HDFC Bank’s Equity Trading Company. Anand Rathi is a Mumbai based firm involved in financial and advisory services. Anand Rathi is not only based in India, but is spread internationally in countries like Dubai and Bangkok. The HDFC Securities trading account has a unique 3-in-1 feature which provides an easy way to invest in the stock market. HDFC is a full service broker, and so is Anand Rathi. HDFC offers BSE and NSE exchanges whereas Anand Rathi, along with these two, offers NSEL MCX and NCDEX as well. For HDFC securities, minimum brokerage per order which for both Indians and NRIs and for both buy and sell orders is Rs. 25. Anand Rathi on the other hand has no minimum brokerage charges at all!

    AnandRathi HDFC Securities
Basic Information Type of Broker Full Service Broker 3-in-1 Full Service Broker
Fees for Opening Trading Account Rs. 750 Rs. 999
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Rs. 300 Nil
Annual Maintenance Charges of Demat Account Rs. 550 Rs. 750
Brokerage Charges Equity Delivery Charges 0.5% to 0.15% 0.50%
Equity Intraday Charges 0.05% to 0.15% 0.50%
Equity Future Charges 0.05% to 0.15% 0.05%
Equity Options Charges 2% to 0.5% on premium or Rs. 75 to Rs. 20 Rs. 100
Currency Futures Charges 0.05% to 0.15% Rs. 23 per contract
Currency Options Charges 2% to 0.5% on premium or Rs. 75 to Rs. 20 Rs. 23 per contract
Commodity Charges 0.008% to 0.05% NA
Minimum Brokerage Charges NA Rs. 25 per trade
Transaction Charges Equity Delivery 0.00% 0.10%
Equity Intraday 0.00% 0.025% on sale transations
Equity Futures For BSE: 0.0021% & for NSE: 0.0041% 0.01% on sale transactions
Equity Options 0.07% on Premium 0.017% on Premium
Currency Futures 0.00% 0.01% on sale transactions
Currency Options 0.07% on Premium 0.017% on Premium
Commodity 0.00% NA
Features 3-in-1 Account N Y
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform NA Securities Trading and Securities Processing
Investment Services Stock/ Equity Y Y
Commodity Y N
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat Y Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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