HDFC Securities Vs ICICI Direct Share Broker Comparison

HDFC Securities Vs ICICI Direct step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

HDFC Securities Vs ICICI Direct Side-by-side Comparison

Broker NameHDFC SecuritiesICICI Direct
Broker InfoHDFC Securities ReviewICICI Direct Review

HDFC Securities Vs ICICI Direct Background

BackgroundHDFC SecuritiesICICI Direct
Incorporation Year20002000
Broker ServicesFull-Service BrokerFull-Service Broker
Contact Number022-390194001860 123 1122  
Exchanges AccessibleNSE, BSENSE, BSE
Active Total Client15,00,000+ Clients10,00,000+ Clients


IntroductionHDFC SecuritiesICICI Direct
Broker Reviews /OpinionHDFC Securities is part of hdfc bank and trusted share broker of india.
More than 15+ lakh customers trade trough HDFC securities.
ICICI Direct is a subsidiary of ICICI bank. ICICIDirect is India’s one of the top 5 full service stock broker.
Offers all services at one place like Trading account+ Bank account+ Demat Account
Broker InquiryGet CallbackGet Callback

Broker Ratings and Reviews Comparison

Broker Rating/ReviewsHDFC SecuritiesICICI Direct
Opening Charges★★★★★★★★
Commissions & Fees★★★★★★★
Trading Platforms & Tools★★★★★★★★★
Order Execution★★★★★★★★★
Fund Add/Withdraw★★★★★★★★★
Customer Services★★★★★★★★
Overall Rating★★★★★★★★

Usable For Investors Category Comparison

Useful for Type of InvestorsHDFC SecuritiesICICI Direct
Day TradersYes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔

Account Opening Fees and AMC Comparison

Account Opening Fees and AMCHDFC SecuritiesICICI Direct
Trading Account Opening Charges₹ 999₹ 975
Trading Annual Maintenance Charges₹ 0₹ 0
Demat Account Opening Fees₹ 0₹ 0
Demat Annual Maintenance Charges₹ 750₹ 700
Commodity FeesNANA
Offer DP ServiceYes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage PlansHDFC SecuritiesICICI Direct
Monthly SubscriptionNot Available, ✖Not Available, ✖
Yearly SubscriptionNot Available, ✖Not Available, ✖
Multiple SubscriptionNot Available, ✖Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage ChargesHDFC SecuritiesICICI Direct
Plan Subscription SummeryPercentage Based Brokerage ChargesPercentage Based Brokerage Charges
Equity Intraday Charges0.05% Intraday (Both Side)Equity Intraday 0.05%
Equity Delivery Charges0.50%Delivery 0.25%- Negotiable
Equity Futures Charges0.05% (Both Side)One side for Intraday & 0.05% on Turnover overnight
Equity Options Charges₹ 100/lot or 1% of premiumIntraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot
Currency Futures Charges₹ 23/per contractOne side for Intraday & 0.05% on Turnover overnight
Currency Options Charges₹ 20 /per contractIntraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot
Commodity Charges0.02% for Intraday & 0.025% for positionalNA
Minimum Brokerage FeesDefualt 0.05%0.05% OR 5 Paisa on 100 rupees
Any Hidden CostNo, ✖No, ✖
Call & Trade Charges₹ 0 (No fees)First 20 Calls Free Than ₹ 25 per call & trade

Available Margins / Leverage Comparison

Margins or LeverageHDFC SecuritiesICICI Direct
Equity Margin IntradayUpto 20x times for equity cash.Upto 16x times for equity cash.
Equity Margin DeliveryUpto 2x times for equity deliveryUpto 8x times for equity delivery
Equity Margin FuturesNA for IntradayUpto 8x times for equity futures
Equity Margin OptionsNA for IntradayUpto 5x times for equity options
Currency Margin FuturesNA for IntradayUpto 8x for currency futures
Currency Margin OptionsNA for IntradayUpto 8x for currency options
Commodity MarginNA for IntradayNA

Transaction and Other Government Charges, Taxes Comparison

Transparency & Other FeesHDFC SecuritiesICICI Direct
Equity Day Trading0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Futures Trading0.00190% or Rs.190/per crore.0.0019% or Rs.190/per crore.
Equity Options Trading0.050% or Rs.5000/per crore.0.05% or Rs.5000/per crore.
Currency Futures Trading0.00110% or Rs.110/per crore.0.0011% or Rs.110/per crore.
Currency Options Trading0.040% or Rs.4000/per crore.0.04% or Rs.4000/per crore.
Commodities TradingNANA
AMC Charge₹ 0 (Free)₹ 700/- (1st year Free).
DP Transaction Fees₹ 25/per transaction or 0.04% (whichever is higher)₹ 25/per transaction.
Offline order placing Charge₹ 0 (Free)₹ 25 /per call.
Sebi ChargesRs.15/per cr.Rs.15/per cr.
GST 18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.
Stamp Duty As per Clients state.As per Clients state.

Available Trading Platform / Software Comparison

Trading Platforms / SoftwareHDFC SecuritiesICICI Direct
Desktop Trading PlatformYes, Available ✔Trade Racer
Mobile ApplicationHDFC securities MobileTradingICICI Direct Mobile

Trading Platform Details Comparison

Trading Platform DetailsHDFC SecuritiesICICI Direct
Demo (Desktop) PlatformYes, Available ✔Demo Link
Windows Desktop platform Yes, Available ✔Yes, Available ✔
MAC Desktop platform Yes, Available ✔No, ✖
Web Trading URLYes, Available ✔Yes, Available ✔
Web Trading Portals InfoYes, Available ✔Yes, Available ✔
Mobile SiteYes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔
Mobile Trading ApplicationYes, Available ✔Yes, Available ✔
Mobile App DemoYes, Available ✔Yes, Available ✔
Android / Ios Mobile AppYes, ✔ Both AvailableYes, ✔ Both Available

Charting Facility Comparison

ChartingHDFC SecuritiesICICI Direct
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔
Coding/BacktestingNo, ✖No, ✖

Reporting Comparison

ChartingHDFC SecuritiesICICI Direct
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔
Coding/BacktestingNo, ✖No, ✖

Trading Support and Tools Comparison

Support & ToolsHDFC SecuritiesICICI Direct
Research & TipsYes, Available ✔Yes, Available ✔
Brokerage CalculatorNo, ✖No, ✖
Span Margin CalculatorNo, ✖No, ✖
Trailing StoplossYes, Available ✔No, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading FeaturesHDFC SecuritiesICICI Direct
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔Yes, Available ✔
Instant Fund withdrawalNo, ✖Yes, Available ✔
Relationship Managers (RM)Yes, Available ✔Yes, Available ✔
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔Yes, Available ✔
Online DemoYes, Available ✔Yes, Available ✔
Online Portfolio Yes, Available ✔Yes, Available ✔
Margin for Future TradingYes, Available ✔Yes, Available ✔
Combined Records for Equity & CommodityYes, Available ✔Yes, Available ✔
Intraday Timing3.15 PM3.15 PM
Can NRI TradeYes, Available ✔Yes, Available ✔
Extra FeaturesAsk to BrokerAsk to Broker

Services and Available Option Category Comparison

Investment Service and Available OptionsHDFC SecuritiesICICI Direct
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔
Commodity NAYes, Available ✔
Online IPO RequestYes, Available ✔Yes, Available ✔
Mutual Funds (MF)Yes, Available ✔Yes, Available ✔
Bonds / Negotiable Certificate of DepositYes, Available ✔Yes, Available ✔
Exchange-Traded Fund (ETF)Yes, Available ✔Yes, Available ✔
Banking ServicesYes, Available ✔Yes, Available ✔
Direct InsuranceYes, Available ✔Yes, Available ✔
Forex InvestmentYes, Available ✔Yes, Available ✔
MF SIP InvestmentsYes, Available ✔Yes, Available ✔
PMS ServicesYes, Available ✔Yes, Available ✔
Other OptionsAsk to BrokerAsk to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal ProcessHDFC SecuritiesICICI Direct
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank TranferAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout24 hours (working days)24 hours (working days)
Linked BankHDFC Bank AccountYou can linked ICICI Bank account

Trading Order Types Comparison

Trading Order TypesHDFC SecuritiesICICI Direct
Cash N Carry (CNC Order)Yes, Available ✔Yes, Available ✔
Margin Intraday Square (MIS Order)Yes, Available ✔Yes, Available ✔
Normal (NRML Order)Yes, Available ✔Yes, Available ✔
Cover OrderYes, Available ✔Yes, Available ✔
Bracket OrderYes, Available ✔No, ✖
Buy Today Sell Tomorrow (BTST)Yes, Available ✔No Information
Sell Today Buy Tomorrow (STBT)Yes, Available ✔No Information
AMO -After Market OrderYes, Available ✔Yes, Available ✔
GTG-Good Till CancelledYes, Available ✔Yes, Available ✔

Customer Care Services and Numbers Comparison

Customer Care ServicesHDFC SecuritiesICICI Direct
Customer Care Service 24/7No, ✖No, ✖
Email SupportYes, Available ✔Yes, Available ✔
Live Chat OnlineYes, Available ✔No, ✖
Phone SupportYes, Available ✔Yes, Available ✔
Toll-Free NumberYes, Available ✔Yes, Available ✔
Support by BranchYes, Available ✔Yes, Available ✔
Customer Care Contact Number022-390194001860 123 1122  
Account Opening ProcedurePaperlessPaperless
Customer Support
Complaints Support
Educational BlogYes, Available ✔Yes, Available ✔
Head Office AddressHDFC securities Limited,
Office Floor 8, “i Think” Bldg, Jolly Board Campus, Kanjurmarg (East),
Mumbai – 400042 
ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020

Investment Advice/tips/ Research & Reports Comparison

Investment Advice -Tips, Research & ReportsHDFC SecuritiesICICI Direct
Equity ResearchYes, Available ✔Yes, Available ✔
Mutual Fund ResearchYes, Available ✔Yes, Available ✔
ETF ResearchNo, ✖No, ✖
Daily ReportYes, Available ✔Yes, Available ✔
Free Tips- AdvisoryYes, Available ✔Yes, Available ✔
Company Result AnalysisYes, Available ✔Yes, Available ✔
News & AlertsYes, Available ✔Yes, Available ✔

HDFC Securities Vs ICICI Direct Advantages & Disadvantages Comparison

Advantages & DisadvantagesHDFC SecuritiesICICI Direct
Pros / Likes3-in-1 Account 3-IN-1 Account Available
One of the Trustable stock broker.Excellent Customer Care Support
Pan india presenceBranches in your city.
Nice customer care supportFast & Secure Trading Platform 
Good equity researchExperince in stock broking
Cons / DislikesHigh Account Opening FeesHigh Brokerage Charges
Slightly High BrokerageMCX and NCDEX commodity trading is unavailable.
No Algo TradingHigher charges of Rs.25 per transaction for Demat.
No Brokerage CalculatorRs.25 Extra for call n trade.
Promotion or offerFree Call & Trade, Zero AMC1st Year Free Demat Annual Maintenance Charges (AMC)

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