HDFC securities are HDFC Bank’s Equity Trading Company. Geojit Share Broker is one of the biggest stock brokers in India. It is a full service broker, and so is HDFC securities.
HDFC Securities trading account has a new and very innovative 3-in-1 feature which provides an easy way to invest in the stock market.
Account type for HDFC is online trading. The same goes for Geojit Share Broker.
A disadvantage of HDFC securities is that, while not for Geojit Share broker, you’ll have to open a savings bank account in order to join their services.
For HDFC securities, minimum brokerage per order for both Indians and NRIs and for both buy and sell orders is Rs. 25. For Geojit Share Broker, it is 1 paisa per share or Rs 20/contract whichever among them is higher.
At Geojit Share Broker, change of platform, research reports, daily market calls, demit holdings, etc. and other facilities are available through SMS.
|Geojit BNP Paribas||HDFC Securities|
|Basic Information||Type of Broker||Full Service Broker||3-in-1 Full Service Broker|
|Exchanges||BSE, NSE, MCX-SX||BSE, NSE|
|Fees for Opening Trading Account||Rs. 800||Rs. 999|
|Annual Maintenance Charges of Trading Account||Nil||Nil|
|Fees for Opening Demat Account||Nil||Nil|
|Annual Maintenance Charges of Demat Account||Rs. 350||Rs. 750|
|Brokerage Charges||Equity Delivery Charges||0.30%||0.50%|
|Equity Intraday Charges||0.03%||0.50%|
|Equity Future Charges||0.03%||0.05%|
|Equity Options Charges||Rs. 75 per lot||Rs. 100|
|Currency Futures Charges||Rs. 10 to Rs. 15 (vary as per contract)||Rs. 23 per contract|
|Currency Options Charges||Rs. 10 to Rs. 15 (vary as per contract)||Rs. 23 per contract|
|Minimum Brokerage Charges||Re. 0.01 per share or Rs. 20 per contract, whichever is higher||Rs. 25 per trade|
|Transaction Charges||Equity Delivery||0.00%||0.10%|
|Equity Intraday||0.00%||0.025% on sale transations|
|Equity Futures||0.00%||0.01% on sale transactions|
|Equity Options||0.055% on Premium||0.017% on Premium|
|Currency Futures||0.00%||0.01% on sale transactions|
|Currency Options||0.0473% on Premium||0.017% on Premium|
|Acceptance of Orders After Trading Hours||Y||Y|
|Trading Platform||Flip Platinum||Securities Trading and Securities Processing|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||Y||Y|
|Customer Support||24/7 Customer Support||N||N|
|Online Live Chat||N||Y|
|Reports||Daily Market Report||Y||Y|
|Quarterly Analysis of Results||Y||Y|