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.
|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|
|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|
|Acceptance of Orders After Trading Hours||Y||Y|
|Trading Platform||Trade Tiger||Securities Trading and Securities Processing|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||Y||Y|
|Customer Support||24/7 Customer Support||N||N|
|Online Live Chat||Y||Y|
|Reports||Daily Market Report||Y||Y|
|Quarterly Analysis of Results||Y||Y|