Share Khan vs HDFC Securities – Point by Point Comparison

While comparing Share Khan and HDFC Securities for online share trading, the first thing to spot is that Share Khan is a full service broker and HDFC Securities is a 3-in-1 full service broker. The former can deal in companies listed in BSE, NSE, MCX, NSEL and NCDEX, while the latter can only deal in companies listed in BSE and NSE. For opening trading account too, HDFC Securities charges a sum of Rs. 999, as against Share Khan that charges an amount of Rs. 750 for the same.

The Equity Delivery Charges for both the companies stand at 0.50%. Apart from that, the Equity Intraday and Future Charges for Share Khan are 0.10%, while those of HDFC Securities are 0.50% and 0.05%, respectively. Both companies provide excellent features in terms of mobile trading, SMS alerts, online demo, online portfolio, acceptance of orders after trading hours and many more. The only stumbling block that Share Khan faces is due to its lack in providing a 3-in-1 account.

The investment services that both these companies provide are truly worthy of appraisal, the only downside for HDFC Securities being its lack of services regarding commodity. Aside from that, both the companies offer great services in terms of stock, currency, IPO (Initial Public Offers), mutual funds, debt and bond.

In order to make the process of online share trading more customer-friendly, both the companies have first-rate customer support through Email, phone, online live chat and also, branch support.

    ShareKhan HDFC Securities
Basic Information Type of Broker Full Service Broker 3-in-1 Full Service Broker
Exchanges BSE, NSE, MCX, NSEL & NCDEX BSE, NSE
Fees for Opening Trading Account Rs. 750 Rs. 999
Annual Maintenance Charges of Trading Account Rs. 450 Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 400 Rs. 750
Brokerage Charges Equity Delivery Charges 0.50% 0.50%
Equity Intraday Charges 0.10% 0.50%
Equity Future Charges 0.10% 0.05%
Equity Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs. 100
Currency Futures Charges 0.10% Rs. 23 per contract
Currency Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs. 23 per contract
Commodity Charges 0.10% NA
Minimum Brokerage Charges Rs. 0.10 per share Rs. 25 per trade
Transaction Charges Equity Delivery 0.1% from both sides 0.10%
Equity Intraday 0.03% 0.025% on sale transations
Equity Futures 0.17% from selling side 0.01% on sale transactions
Equity Options 0.017% on premium from selling side 0.017% on Premium
Currency Futures 0.17% from selling side 0.01% on sale transactions
Currency Options 0.017% on premium from selling side 0.017% on Premium
Commodity 0.00% 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 Trade Tiger Securities Trading and Securities Processing
Investment Services Stock/ Equity Y Y
Commodity Y N
Currency Y 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 Y Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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