Geojit BNP Paribas vs HDFC Securities – Point by Point Comparison

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
Commodity Charges NA NA
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
Commodity NA NA
Features 3-in-1 Account N Y
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Flip Platinum Securities Trading and Securities Processing
Investment Services Stock/ Equity Y Y
Commodity N N
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD NA Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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