While comparing these two giant companies we came to know that HDFC Securities is one of the best stock broking companies whose parent company is HDFC Bank. On the other side, India Infoline is a financial service company.
HDFC Securities headquarter is in Delhi and India Infoline is situated in Mumbai. HDFC Securities deals with BSE and NSE stock exchanges while India Infoline has more stock exchanges to deal with. Like BSE, NSE, MCX, NCDEX. Anyone can open an account in it but you have to bear some amount for it. Fee for a trading account in HDFC Securities is Rs. 999 but its little bit low for India Infoline, Rs. 750.
Every stock broking companies ask for annual maintenance charges of trading account but HDFC Securities annual charges is NIL while India Infoline do not ask anything for it. However there is a fee for opening “Demat Account” and its NIL for HDFC Securities and Rs. 555 for India Infoline. And maintenance for Demat Account is Rs. 750 and Rs. 300 respectively.
Minimum Brokerage charges are Rs. 25/trading for HDFC and Rs. 0.05/share for India Infoline. The trading platform for both the companies is different. Hdfc Securities follow Securities Trading and Securities Processing while India Infoline follows Trader Terminal.
|HDFC Securities||India Infoline|
|Basic Information||Type of Broker||3-in-1 Full Service Broker||Full Service Broker|
|Exchanges||BSE, NSE||BSE, NSE, MCX, NCDEX|
|Fees for Opening Trading Account||Rs. 999||Rs. 750|
|Annual Maintenance Charges of Trading Account||Nil||NA|
|Fees for Opening Demat Account||Nil||Rs. 555|
|Annual Maintenance Charges of Demat Account||Rs. 750||Rs. 300|
|Brokerage Charges||Equity Delivery Charges||0.50%||0.50%|
|Equity Intraday Charges||0.50%||0.05%|
|Equity Future Charges||0.05%||0.05%|
|Equity Options Charges||Rs. 100||Rs. 100 per lot or 1% on premium, whichever is higher|
|Currency Futures Charges||Rs. 23 per contract||0.05%|
|Currency Options Charges||Rs. 23 per contract||Rs. 100 per lot or 1% on premium, whichever is higher|
|Minimum Brokerage Charges||Rs. 25 per trade||Rs. 0.05 per share|
|Transaction Charges||Equity Delivery||0.10%||0.00%|
|Equity Intraday||0.025% on sale transations||0.00%|
|Equity Futures||0.01% on sale transactions||0.00%|
|Equity Options||0.017% on Premium||0.051% on Premium|
|Currency Futures||0.01% on sale transactions||0.00%|
|Currency Options||0.017% on Premium||0.051% on Premium|
|Acceptance of Orders After Trading Hours||Y||NA|
|Trading Platform||Securities Trading and Securities Processing||Trader Terminal|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||Y||Y|
|Customer Support||24/7 Customer Support||N||N|
|Online Live Chat||Y||N|
|Reports||Daily Market Report||Y||Y|
|Quarterly Analysis of Results||Y||Y|