About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App)... 
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 ...
Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India.
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE |
| Year of Incorporation | 2003 | 2002 |
| Number of Branches | 270 | |
| Open Indiabulls Securities Account |
Indiabulls Securities trading account opening charges is Free (NIL) while HDFC Securities account opening changes is Rs 999. Indiabulls Securities Demat Account AMC Charges is Rs 300 and HDFC Securities Demat Account AMC Charges is Rs 750.
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 999 |
| Trading Account AMC Charges | Rs 0 | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 |
| Demat Account AMC Charges | Rs 300 | Rs 750 |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032%.
| Account Type | Indiabulls Securities Flat Fee Plan | HDFC Securities Lite 199 Yearly Subscription Plan |
|---|---|---|
| Fixed Charges | Rs 199 per year | |
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.32% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | 0.032% |
| Equity Futures | Rs 11 per Executed order | Rs 20 per trade |
| Equity Options | Rs 11 per Executed order | Rs 20 per trade |
| Currency Futures | Rs 11 per Executed order | |
| Currency Options | Rs 11 per Executed order | |
| Commodity Futures | Rs 11 per Executed order | |
| Commodity Options | Rs 11 per Executed order | |
| Special Offer | Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Account Type | Flat Fee Plan | Alpha 1,999 |
| Fixed Charges | Rs 1999 per year | |
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.18% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | 0.018% |
| Equity Futures | Rs 11 per Executed order | Rs 20 per trade |
| Equity Options | Rs 11 per Executed order | Rs 20 per trade |
| Currency Futures | Rs 11 per Executed order | |
| Currency Options | Rs 11 per Executed order | |
| Commodity Futures | Rs 11 per Executed order | |
| Commodity Options | Rs 11 per Executed order | |
| Open Indiabulls Securities Account |
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Account Type | Flat Fee Plan | Alpha 4999 Yearly Subscription Plan |
| Fixed Charges | Rs 4,999 per year | |
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.10% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | 0.010% |
| Equity Futures | Rs 11 per Executed order | Rs 20 per trade |
| Equity Options | Rs 11 per Executed order | Rs 20 per trade |
| Currency Futures | Rs 11 per Executed order | |
| Currency Options | Rs 11 per Executed order | |
| Commodity Futures | Rs 11 per Executed order | |
| Commodity Options | Rs 11 per Executed order | |
| Open Indiabulls Securities Account |
| Minimum Brokerage | Rs 11 | Rs. 25 per order on equity segment |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Rs 0 |
| Open Indiabulls Securities Account |
Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the HDFC Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| 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) |
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The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. HDFC Securities offers ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify trading software.
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify |
| Intraday Square-off Time | 3:15 PM | 3:30 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | E-Margin, ENCASH, | |
| Open Indiabulls Securities Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas HDFC Securities is rated of 5 based on 231 customer reviews.
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
50 Customer Reviews  | 231 Customer Reviews | |
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| Broker Rating | Indiabulls Securities is Rated 3.2 / 5 based on 50 customer reviews | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews |
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Contact Broker | Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Indiabulls Securities Account |
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
| Casual Investor | | |
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| Trader | | |
| Indiabulls Securities | HDFC Securities | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special Offer₹11 brokerage on trades across all segments
Open your instant Indiabulls account online and start trading today. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Open Indiabulls Securities Account