HDFC Securities vs India Infoline – Point by Point Comparison

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
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
Commodity Charges NA 0.05%
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
Commodity NA 0.00%
Features 3-in-1 Account Y N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y NA
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Securities Trading and Securities Processing Trader Terminal
Investment Services Stock/ Equity Y Y
Commodity N Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y NA
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat Y N
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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