HDFC Securities Vs Zerodha 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 Zerodha Side-by-side Comparison
| Broker Name | HDFC Securities | Zerodha |
| Broker Info | HDFC Securities Review | Zerodha Review |
HDFC Securities Vs Zerodha Background
| Background | HDFC Securities | Zerodha |
| Incorporation Year | 2000 | 2010 |
| Broker Services | Full-Service Broker | Discount Broker |
| Website URL | www.hdfcsec.com | www.zerodha.com |
| Contact Number | 022-39019400 | 080-40402020 |
| Exchanges Accessible | NSE, BSE | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | NSDL & CDSL | CDSL – ZERODHA SECURITIES PVT. LTD. |
| Active Total Client | 15,00,000+ Clients | 8,00,000+ Clients |
Introduction
| Introduction | HDFC Securities | Zerodha |
| Broker Reviews /Opinion | HDFC Securities is part of hdfc bank and trusted share broker of india. More than 15+ lakh customers trade trough HDFC securities. | Zerodha is discount broker with Rs.20 per executed order brokerage plan. Customer care support is very good. They offers Lowest trade commissions and margin rates in the industry. Web Trading is easy to use and a great compliment to the New Pi desktop platform. |
Broker Ratings and Reviews Comparison
| Broker Rating/Reviews | HDFC Securities | Zerodha |
| 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 Investors | HDFC Securities | Zerodha |
| Day Traders | Yes, Available ✔ | Yes, Available ✔ |
| Active Investor/Trader | Yes, Available ✔ | Yes, Available ✔ |
| Investor | Yes, Available ✔ | Yes, Available ✔ |
Account Opening Fees and AMC Comparison
| Account Opening Fees and AMC | HDFC Securities | Zerodha |
| Trading Account Opening Charges | ₹ 999 | Rs. 300 – for Trading & DEMAT |
| Trading Annual Maintenance Charges | ₹ 0 | Free |
| Demat Account Opening Fees | ₹ 0 | Rs. 300 – for Trading & DEMAT |
| Demat Annual Maintenance Charges | ₹ 750 | Rs.300 + 18% GST for individuals |
| Commodity Fees | NA | Rs. 200 – for commodity account |
| Offer DP Service | Yes, Available ✔ | Yes, Available ✔ |
Available Trading Brokerage Plans Comparison
| Available Brokerage Plans | HDFC Securities | Zerodha |
| Monthly Subscription | Not Available, ✖ | Not Available, ✖ |
| Yearly Subscription | Not Available, ✖ | Not Available, ✖ |
| Multiple Subscription | Not Available, ✖ | Not Available, ✖ |
Trading Brokerage Charges Comparison
| Brokerage Charges | HDFC Securities | Zerodha |
| Plan Subscription Summery | Percentage Based Brokerage Charges | Zerodha charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery. |
| Equity Intraday Charges | 0.05% Intraday (Both Side) | Rs.20/executed order or 0.01% whichever is lower. |
| Equity Delivery Charges | 0.50% | Free |
| Equity Futures Charges | 0.05% (Both Side) | Rs.20/executed order or 0.01% whichever is lower. |
| Equity Options Charges | ₹ 100/lot or 1% of premium | Rs.20/executed order or 0.01% whichever is lower. |
| Currency Futures Charges | ₹ 23/per contract | Rs.20/executed order or 0.01% whichever is lower. |
| Currency Options Charges | ₹ 20 /per contract | Rs.20/executed order or 0.01% whichever is lower. |
| Commodity Charges | 0.02% for Intraday & 0.025% for positional | Rs.20/executed order or 0.01% whichever is lower. |
| Minimum Brokerage Fees | Defualt 0.05% | 0.01% Minimum |
| Any Hidden Cost | No, ✖ | No, ✖ |
| Call & Trade Charges | ₹ 0 (No fees) | Rs 20 + 18% GST per order |
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Available Margins / Leverage Comparison
| Margins or Leverage | HDFC Securities | Zerodha |
| Equity Margin Intraday | Upto 20x times for equity cash. | No Margin for Delivery. |
| Equity Margin Delivery | Upto 2x times for equity delivery | Up to 12.5 times equity intraday margin. |
| Equity Margin Futures | NA for Intraday | Up to 2 times for future. |
| Equity Margin Options | NA for Intraday | Up to 3 times for shorting options, No for buying options. |
| Currency Margin Futures | NA for Intraday | Up to 2.5 times for Intraday margin. 100% for carry forward. |
| Currency Margin Options | NA for Intraday | Up to 2.5 times for intraday, 100% for carry forward. |
| Commodity Margin | NA for Intraday | Up to 2.5 times for intraday, 100% for carry forward. |
Transaction and Other Government Charges, Taxes Comparison
| Transparency & Other Fees | HDFC Securities | Zerodha |
| Equity Day Trading | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Delivery | 0.00325% or Rs.325/per crore. | 0.00325% or Rs.325/per crore. |
| Equity Futures Trading | 0.00190% or Rs.190/per crore. | 0.0021% or Rs.210/per crore. |
| Equity Options Trading | 0.050% or Rs.5000/per crore. | 0.053% or Rs.5300/per crore. |
| Currency Futures Trading | 0.00110% or Rs.110/per crore. | 0.00135% or Rs.135/per crore. |
| Currency Options Trading | 0.040% or Rs.4000/per crore. | 0.044% or Rs.4400/per crore. |
| Commodities Trading | NA | Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore. |
| AMC Charge | ₹ 0 (Free) | Free for Trading AMC. Rs.300 PA for Demat AMC |
| DP Transaction Fees | ₹ 25/per transaction or 0.04% (whichever is higher) | Equity Stock: Rs 13.5 per scrip charged on T+2 days(+18% GST), Mutual Funds: Rs 5.5 per scrip charged on the date of redemption(+18% GST) |
| Offline order placing Charge | ₹ 0 (Free) | Rs. 20 per order |
| Sebi Charges | Rs.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 / Software | HDFC Securities | Zerodha |
| Desktop Trading Platform | Yes, Available ✔ | Zerodha Pi |
| Web Based | ntrade.hdfcsec.com | kite.zerodha.com |
| Mobile Application | HDFC securities MobileTrading | Kite by Zerodha |
Trading Platform Details Comparison
| Trading Platform Details | HDFC Securities | Zerodha |
| Demo (Desktop) Platform | Yes, Available ✔ | Yes, Available ✔ |
| Windows Desktop platform | Yes, Available ✔ | Yes, Available ✔ |
| MAC Desktop platform | Yes, Available ✔ | No, ✖ |
| Web Trading URL | Yes, Available ✔ | kite.zerodha.com |
| Web Trading Portals Info | Yes, Available ✔ | zerodha.com |
| Mobile Site | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Availability | Yes, Available ✔ | Yes, Available ✔ |
| Mobile Trading Application | Yes, Available ✔ | Kite zerodha |
| Mobile App Demo | Yes, Available ✔ | Yes, Available ✔ |
| Android / Ios Mobile App | Yes, ✔ Both Available | Yes, ✔ Both Available |
Charting Facility Comparison
| Charting | HDFC Securities | Zerodha |
| Intraday (Day Chart) | Yes, Available ✔ | Yes, Available ✔ |
| End of Day (Daily Chart) | Yes, Available ✔ | Yes, Available ✔ |
| Coding/Backtesting | No, ✖ | Not Available, ✖ |
Reporting Comparison
| Reporting | HDFC Securities | Zerodha |
| Trade Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| PNL Online Reports | Yes, Available ✔ | Yes, Available ✔ |
| Online Contract Notes | Yes, Available ✔ | Yes, Available ✔ |
Trading Support and Tools Comparison
| Support & Tools | HDFC Securities | Zerodha |
| Research & Tips | Yes, Available ✔ | No, ✖ |
| Brokerage Calculator | No, ✖ | Yes, Available ✔ |
| Span Margin Calculator | No, ✖ | Yes, Available ✔ |
| Trailing Stoploss | Yes, Available ✔ | No, ✖ |
| Training & Education | Yes, ✔ Blogs, Articles | Yes, ✔ Blogs, Articles |
Trading Features Comparison
| Useful Trading Features | HDFC Securities | Zerodha |
| 3 in 1 Account (Bank+Trading+Demat) | Yes, Available ✔ | Yes, Available ✔ Link with IDFC bank |
| Instant Fund withdrawal | No, ✖ | No, ✖(24 hours) |
| Relationship Managers (RM) | Yes, Available ✔ | No, ✖ |
| Charts | Yes, Available ✔ | Yes, Available ✔ |
| Algo Trading / Robot | No, ✖ | No, ✖ |
| Mobile SMS Alerts | Yes, Available ✔ | Yes, Available ✔ (Trade SMS ALERT : Rs.1 Per SMS) |
| Online Demo | Yes, Available ✔ | Yes, Available ✔ |
| Online Portfolio | Yes, Available ✔ | Yes, Available ✔ |
| Margin for Future Trading | Yes, Available ✔ | Yes, Available ✔ |
| Combined Records for Equity & Commodity | Yes, Available ✔ | Yes, Available ✔ |
| Intraday Sq.off Timing | 3.15 PM | 3.20 PM |
| Can NRI Trade | Yes, Available ✔ | Yes, Available ✔ |
| Extra Features | Ask to Broker | Pivot Point Indicator on Chart |
Services and Available Option Category Comparison
| Investment Service and Available Options | HDFC Securities | Zerodha |
| Equity Cash & Future & Option | Yes, Available ✔ | Yes, Available ✔ |
| Currency Derivatives (Forex) | Yes, Available ✔ | Yes, Available ✔ |
| Commodity | NA | Yes, Available ✔ |
| Online IPO Request | Yes, Available ✔ | No, ✖ |
| Mutual Funds (MF) | Yes, Available ✔ | Yes, Available ✔ |
| Bonds / Negotiable Certificate of Deposit | Yes, Available ✔ | No, ✖ |
| Exchange-Traded Fund (ETF) | Yes, Available ✔ | Yes, Available ✔ |
| Banking Services | Yes, Available ✔ | No, ✖ |
| Direct Insurance | Yes, Available ✔ | No, ✖ |
| Forex Investment | Yes, Available ✔ | No, ✖ |
| MF SIP Investments | Yes, Available ✔ | No, ✖ |
| PMS Services | Yes, Available ✔ | No, ✖ |
| Other Options | Ask to Broker | Ask to Broker |
Fund Add / Fund Withdrawal Procedure Comparison
| Fund Add/Withdrawal Process | HDFC Securities | Zerodha |
| Fund Pay In and Pay out | Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer | Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer |
| Time for Payout | 24 hours (working days) | 24 hours (working days). |
| Linked Bank | HDFC Bank Account | Near about 22 bank available for fund credit and Rs.9 for per transaction. |
Trading Order Types Comparison
| Trading Order Types | HDFC Securities | Zerodha |
| 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 Order | Yes, Available ✔ | Yes, Available ✔ |
| Bracket Order | Yes, Available ✔ | Yes, Available ✔ |
| Buy Today Sell Tomorrow (BTST) | Yes, Available ✔ | Yes, Available ✔ |
| Sell Today Buy Tomorrow (STBT) | Yes, Available ✔ | Yes, Available ✔ |
| AMO -After Market Order | Yes, Available ✔ | Yes, Available ✔ |
| GTG-Good Till Cancelled | Yes, Available ✔ | No, ✖ |
Customer Care Services and Numbers Comparison
| Customer Care Services | HDFC Securities | Zerodha |
| Customer Care Service 24/7 | No, ✖ | No, ✖ |
| Email Support | Yes, Available ✔ | Yes, Available ✔ |
| Live Chat Online | Yes, Available ✔ | No, ✖ |
| Phone Support | Yes, Available ✔ | Yes, Available ✔ |
| Toll-Free Number | Yes, Available ✔ | No, ✖ |
| Support by Branch | Yes, Available ✔ | Yes, Available ✔ |
| Customer Care Contact Number | 022-39019400 | 91 8040402020 |
| Account Opening Procedure | Paperless | Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Complaints Support Email | [email protected] | [email protected] |
| Educational Blog | Yes, Available ✔ | Yes, Available ✔ |
| Head Office Address | HDFC securities Limited, Office Floor 8, “i Think” Bldg, Jolly Board Campus, Kanjurmarg (East), Mumbai – 400042 | #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore – 560078 |
Investment Advice/tips/ Research & Reports Comparison
| Investment Advice -Tips, Research & Reports | HDFC Securities | Zerodha |
| Equity Research | Yes, Available ✔ | No, ✖ |
| Mutual Fund Research | Yes, Available ✔ | Yes, Available ✔ |
| ETF Research | No, ✖ | No, ✖ |
| Daily Report | Yes, Available ✔ | No, ✖ |
| Free Tips- Advisory | Yes, Available ✔ | No, ✖ |
| Company Result Analysis | Yes, Available ✔ | No, ✖ |
| News & Alerts | Yes, Available ✔ | No, ✖ |
HDFC Securities Vs Zerodha Advantages & Disadvantages Comparison
| Advantages & Disadvantages | HDFC Securities | Zerodha |
| Pros / Likes | 3-in-1 Account | Rs. 0 for Equity Delivery. |
| One of the Trustable stock broker. | Excellent Trading Platforms. | |
| Pan india presence | Customer care support is very good. | |
| Nice customer care support | Easy account opening procedure. | |
| Good equity research | Direct mutual fund investmenst. | |
| Cons / Dislikes | High Account Opening Fees | Rs.20 Extra for call n trade. |
| Slightly High Brokerage | No stock advisory. | |
| No Algo Trading | Online IPO Application not available. | |
| No Brokerage Calculator | ||
| Promotion or offer | Free Call & Trade, Zero AMC | Free equity delivery trading and only Rs.20 or 0.01 % whichver is lowest brokergerage charges |
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