IDBI Capital vs HDFC Securities – Point by Point Comparison

When it comes to online share trading, IDBI Capital and HDFC securities both are full service brokers but the latter provides 3-in-1 Account facility with charges of opening a trading account being Rs.999 and Rs. 700 for the former. While the opening of Demat account is free of cost the maintenance charge under IDBI capital is Rs.350 and that under HDFC securities is Rs.750.The equity intraday charges and future charges stand at 0.08% for IDBI Capital and 0.05% for HDFC securities whereas the equity charges for HDFC securities is fixed at Rs. 100 and that for IDBI capital is Rs.100 per lot. The minimum brokerage charge for IDBI Capital is Rs.25 per transaction or 2.5% of the transaction value whichever is higher and that for HDFC securities is Rs.25 per trade. The Equity delivery charge for the former is nil whereas the latter charges 0.10%. IDBI offers no investment services in currency but HDFC securities do. Talking about customer services and other additional features, IDBI capital doesn’t offer SMS alerts and online Live Chat but the HDFC securities offers both these features to facilitate better interaction with the customers.

  IDBI Capital HDFC Securities
Basic Information Type of Broker Full Service Broker 3-in-1 Full Service Broker
Exchanges BSE, NSE BSE, NSE
Fees for Opening Trading Account Rs. 700 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 0.50% 0.50%
Equity Intraday Charges 0.08% 0.50%
Equity Future Charges 0.08% 0.05%
Equity Options Charges Rs. 100 per lot Rs. 100
Currency Futures Charges NA Rs. 23 per contract
Currency Options Charges NA Rs. 23 per contract
Commodity Charges NA NA
Minimum Brokerage Charges Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower 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 0.051% on Premium 0.017% on Premium
Currency Futures NA 0.01% on sale transactions
Currency Options NA 0.017% on Premium
Commodity NA NA
Features 3-in-1 Account Y Y
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts NA Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Power Pro Securities Trading and Securities Processing
Investment Services Stock/ Equity Y Y
Commodity N N
Currency N 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 N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

Like this Article? Subscribe to Our Feed!

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Out Best Brokerage Deals