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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 SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Securities portal is the flagship trading platform of the company. It allows both Resident Indians a...
Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
| HDFC Securities | SBI Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE |
| Year of Incorporation | 2002 | 2001 |
| Number of Branches | 270 | 117 |
HDFC Securities trading account opening charges is Rs 999 while SBI Securities account opening changes is Rs 0. HDFC Securities Demat Account AMC Charges is Rs 750 and SBI Securities Demat Account AMC Charges is Rs 0.
| HDFC Securities | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 750 | Rs 0 |
HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.
| Account Type | HDFC Securities Lite 199 Yearly Subscription Plan | SBI Securities Suvidha |
|---|---|---|
| Fixed Charges | Rs 199 per year | |
| Equity Delivery | 0.32% | 0.50% |
| Equity Intraday | 0.032% | Rs 20 per order |
| Equity Futures | Rs 20 per trade | 0.05% |
| Equity Options | Rs 20 per trade | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| 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 | SBI Securities | |
|---|---|---|
| Account Type | Alpha 1,999 | Suvidha |
| Fixed Charges | Rs 1999 per year | |
| Equity Delivery | 0.18% | 0.50% |
| Equity Intraday | 0.018% | Rs 20 per order |
| Equity Futures | Rs 20 per trade | 0.05% |
| Equity Options | Rs 20 per trade | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Account Type | Alpha 4999 Yearly Subscription Plan | Suvidha |
| Fixed Charges | Rs 4,999 per year | |
| Equity Delivery | 0.10% | 0.50% |
| Equity Intraday | 0.010% | Rs 20 per order |
| Equity Futures | Rs 20 per trade | 0.05% |
| Equity Options | Rs 20 per trade | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| Minimum Brokerage | Rs. 25 per order on equity segment | Rs 0.05 for Cash, Rs 0.01 Future |
| Other Charges | ||
| Call & Trade Charges | Rs 0 | Free |
HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| HDFC Securities | SBI 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) |
The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.
| HDFC Securities | SBI Securities | |
|---|---|---|
| 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 | SBI Smart Web, SBI Smart Mobile |
| Intraday Square-off Time | 3:30 PM | 2:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | E-Margin, ENCASH, | |
HDFC Securities is rated of 5 based on 231 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| HDFC Securities | SBI Securities | |
|---|---|---|
231 Customer Reviews  | 165 Customer Reviews | |
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| Customer Service |  |  |
| Research Capabilities | |  |
| Overall Rating | | |
| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| HDFC Securities | SBI Securities | |
|---|---|---|
| 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 | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| HDFC Securities | SBI Securities | |
|---|---|---|
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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
|
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
