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 Kotak Neo
Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d...
Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
| HDFC Securities | Kotak Neo | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2002 | 1994 |
| Number of Branches | 270 | 153 |
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HDFC Securities trading account opening charges is Rs 999 while Kotak Neo account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Kotak Neo Demat Account AMC Charges is Rs 600.
| HDFC Securities | Kotak Neo | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 750 | Rs 600 |
HDFC Securities Brokerage Charges for equity is 0.32% and intraday is 0.032% whereas Kotak Neo brokerage charges for equity is 0.20% (free for the first 30 days) and Intraday is Rs 10 per order or 0.05%, whichever is lower.
| Account Type | HDFC Securities Lite 199 Yearly Subscription Plan | Kotak Neo Trade Free Plan |
|---|---|---|
| Fixed Charges | Rs 199 per year | |
| Equity Delivery | 0.32% | 0.20% (free for the first 30 days) |
| Equity Intraday | 0.032% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 20 per trade | Rs 10 per order |
| Equity Options | Rs 20 per trade | Rs 10 per order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per 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: Trade smarter with Kotak Neo low-cost plans. |
| HDFC Securities | Kotak Neo | |
|---|---|---|
| Account Type | Alpha 1,999 | Trade Free Youth |
| Fixed Charges | Rs 1999 per year | |
| Equity Delivery | 0.18% | Rs 0 |
| Equity Intraday | 0.018% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 20 per trade | Rs 10 per order |
| Equity Options | Rs 20 per trade | Rs 10 per order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
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| HDFC Securities | Kotak Neo | |
|---|---|---|
| Account Type | Alpha 4999 Yearly Subscription Plan | Trade Free Pro |
| Fixed Charges | Rs 4,999 per year | Rs 249 |
| Equity Delivery | 0.10% | 0.10% (free for the first 30 days) |
| Equity Intraday | 0.010% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 20 per trade | Rs 10 per order |
| Equity Options | Rs 20 per trade | Rs 10 per order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
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| Minimum Brokerage | Rs. 25 per order on equity segment | |
| Other Charges | ||
| Call & Trade Charges | Rs 0 | Rs 49 + GST per executed order |
| Open Kotak Neo Account |
HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Neo margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| HDFC Securities | Kotak Neo | |
|---|---|---|
| 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 HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Kotak Neo offers Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal trading software.
| HDFC Securities | Kotak Neo | |
|---|---|---|
| 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 | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal |
| Intraday Square-off Time | 3:30 PM | 3:20 P.M |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | E-Margin, ENCASH, | 3-in-1 account |
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HDFC Securities is rated of 5 based on 232 customer reviews whereas Kotak Neo is rated of 5 based on 202 customer reviews.
| HDFC Securities | Kotak Neo | |
|---|---|---|
232 Customer Reviews  | 202 Customer Reviews | |
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| Brokerage |  |  |
| Trading Platform |  |  |
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| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 232 customer reviews | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews |
| HDFC Securities | Kotak Neo | |
|---|---|---|
| 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. | Trade smarter with Kotak Neo low-cost plans. |
| HDFC Securities | Kotak Neo | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| HDFC Securities | Kotak Neo | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
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| HDFC Securities | Kotak Neo | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| HDFC Securities | Kotak Neo | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Kotak Neo Special OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
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