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About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL.
HDFC Securities provides trading services through multiple trading platforms to make cust... 
About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options.
Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi...
Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| HDFC Securities | Dhan | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2002 | 2021 |
| Number of Branches | 270 | 1 |
HDFC Securities trading account opening charges is Rs 999 while Dhan account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).
| HDFC Securities | Dhan | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | ₹0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 750 | ₹0 (Lifetime Zero AMC) |
HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.
| Account Type | HDFC Securities Lite 199 Yearly Subscription Plan | Dhan Flat Rate Plan |
|---|---|---|
| Fixed Charges | Rs 199 per year | Rs 0 or Nill |
| Equity Delivery | 0.32% | Rs. 0 |
| Equity Intraday | 0.032% | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 20 per trade | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.03% of trade value | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 or 0.03% of trade value, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| HDFC Securities | Dhan | |
|---|---|---|
| Account Type | Alpha 1,999 | Flat Rate Plan |
| Fixed Charges | Rs 1999 per year | Rs 0 or Nill |
| Equity Delivery | 0.18% | Rs. 0 |
| Equity Intraday | 0.018% | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 20 per trade | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.03% of trade value | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 or 0.03% of trade value, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| HDFC Securities | Dhan | |
|---|---|---|
| Account Type | Alpha 4999 Yearly Subscription Plan | Flat Rate Plan |
| Fixed Charges | Rs 4,999 per year | Rs 0 or Nill |
| Equity Delivery | 0.10% | Rs. 0 |
| Equity Intraday | 0.010% | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 20 per trade | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or 0.03% of trade value | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 or 0.03% of trade value, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Minimum Brokerage | Rs. 25 per order on equity segment | Rs 20 |
| Other Charges | ||
| Call & Trade Charges | Rs 0 | Rs 50 per order |
HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| HDFC Securities | Dhan | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.
| HDFC Securities | Dhan | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify | Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API |
| Intraday Square-off Time | 3:30 PM | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | E-Margin, ENCASH, | APIs for Algo Trading, smallcases on Dhan |
HDFC Securities is rated of 5 based on 231 customer reviews whereas Dhan is rated of 5 based on 29 customer reviews.
| HDFC Securities | Dhan | |
|---|---|---|
231 Customer Reviews  | 29 Customer Reviews | |
| Fees |  |  |
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| Trading Platform |  |  |
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| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews | Dhan is Rated 3.1 / 5 based on 29 customer reviews |
| HDFC Securities | Dhan | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| HDFC Securities | Dhan | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| HDFC Securities | Dhan | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| HDFC Securities | Dhan | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| HDFC Securities | Dhan | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
