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 ... 
About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and ...
Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.
| HDFC Securities | Fyers | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2002 | 2015 |
| Number of Branches | 270 | 2 |
| Open Fyers Account |
HDFC Securities trading account opening charges is Rs 999 while Fyers account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).
| HDFC Securities | Fyers | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free AMC for Lifetime) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 750 | Rs 0 (Free AMC for Lifetime) |
HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower.
| Account Type | HDFC Securities Lite 199 Yearly Subscription Plan | Fyers Flat Fee Brokerage Plan |
|---|---|---|
| Fixed Charges | Rs 199 per year | NA |
| Equity Delivery | 0.32% | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | 0.032% | 0.03% or Rs 20, whichever is lower |
| Equity Futures | Rs 20 per trade | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.03% or Rs 20, 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. | Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| HDFC Securities | Fyers | |
|---|---|---|
| Account Type | Alpha 1,999 | Flat Fee Brokerage Plan |
| Fixed Charges | Rs 1999 per year | NA |
| Equity Delivery | 0.18% | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | 0.018% | 0.03% or Rs 20, whichever is lower |
| Equity Futures | Rs 20 per trade | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Fyers Account |
| HDFC Securities | Fyers | |
|---|---|---|
| Account Type | Alpha 4999 Yearly Subscription Plan | Flat Fee Brokerage Plan |
| Fixed Charges | Rs 4,999 per year | NA |
| Equity Delivery | 0.10% | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | 0.010% | 0.03% or Rs 20, whichever is lower |
| Equity Futures | Rs 20 per trade | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 20 per trade | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| Open Fyers Account |
| Minimum Brokerage | Rs. 25 per order on equity segment | Intra-day: 0.03% or Rs 20, whichever is lower |
| Other Charges | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) | |
| Call & Trade Charges | Rs 0 | Rs 50 per trade |
| Open Fyers Account |
HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Fyers margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| HDFC Securities | Fyers | |
|---|---|---|
| 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) |
| Open Fyers Account |
The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.
| HDFC Securities | Fyers | |
|---|---|---|
| 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 | Fyers App, Fyers Web, Fyers Next |
| Intraday Square-off Time | 3:30 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | E-Margin, ENCASH, | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. |
| Open Fyers Account |
HDFC Securities is rated of 5 based on 231 customer reviews whereas Fyers is rated of 5 based on 38 customer reviews.
| HDFC Securities | Fyers | |
|---|---|---|
231 Customer Reviews  | 38 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews | Fyers is Rated 3.0 / 5 based on 38 customer reviews |
| HDFC Securities | Fyers | |
|---|---|---|
| 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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
| HDFC Securities | Fyers | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| HDFC Securities | Fyers | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Fyers Account |
| HDFC Securities | Fyers | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
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| HDFC Securities | Fyers | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
| Open Fyers Account |
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