INDmoney Vs HDFC securities
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
HDFC securities
HDFC securities is a full service Broker. HDFC securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
INDmoney Vs HDFC securities - Broker Details
| INDmoney | HDFC securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2000 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | 966 | 260+ |
| Brokerage | 0.05% or up to ₹20/Per Order | 0.05% |
| Broker Type | Discount Broker | Full service Broker |
INDmoney Vs HDFC securities - Account Opening & AMC Charges
| INDmoney | HDFC securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs HDFC securities - Brokerage charges & Plans
| INDmoney | HDFC securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹23/Contract |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹100/Lot (Both Buy & Sell) |
| Commodity Options | N/A | ₹100/Lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Contract |
| Fixed Charges | 0.05% or up to ₹20/Per Order | N/A |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.05% |
INDmoney Vs HDFC securities - Other Charges
| INDmoney | HDFC securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/ Order |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹0(Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 0.05% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 0.05% |
INDmoney Vs HDFC securities - Transaction Charges
| INDmoney | HDFC securities | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | 0.040% (On premium) |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.00190% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 0.00325% |
| Equity Options | NSE: 0.053% on premium value | 0.050% (on premium) |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | N/A |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | 0.00110% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 0.00325% |
INDmoney Vs HDFC securities - Margin (Exposure)
| INDmoney | HDFC securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs HDFC securities - Features
| INDmoney | HDFC securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs HDFC securities - Review & Rating
| INDmoney | HDFC securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs HDFC securities - Request a call back from Broker
| INDmoney | HDFC securities | |
|---|---|---|
INDmoney Vs HDFC securities - Investment Options
| INDmoney | HDFC securities | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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INDmoney Vs HDFC securities - Order Type
| INDmoney | HDFC securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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INDmoney Vs HDFC securities - Research & Report
| INDmoney | HDFC securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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INDmoney Vs HDFC securities - Daily Market Report
| INDmoney | HDFC securities | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs HDFC securities - Suitable For Investor
| INDmoney | HDFC securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs HDFC securities - Pros & Cons
| INDmoney | HDFC securities | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1. It provides an integrated three-in-one account (i.e. banking, broking and demat account). It makes HDFC extremely convenient trading platform. 2. It provides the facility of online investment in IPOs, Mutual Funds, GOI Bonds, Insurance and Postal Savings Schemes all of it from a single website. 3. It allows trading in both BSE and NSE. 4. The trading platforms are specially designed for the beginners. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1. The brokerage is comparatively higher than other brokers and is negotiable. 2. It does not provide commodity trading. 3. The minimal brokerage charged is ₹25 per trade that is too high. 4.It does not provide good margin limit. |
INDmoney Vs HDFC securities - Background
| INDmoney | HDFC securities | |
|---|---|---|
INDmoney Vs HDFC securities - Compare All Brokers
| INDmoney | HDFC securities | |
|---|---|---|
INDmoney Vs HDFC securities - STT/CTT
| INDmoney | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
INDmoney Vs HDFC securities - Demat transaction charges
| INDmoney | HDFC securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | 0.04% of transaction value (minimum ₹25) |
INDmoney Vs HDFC securities - GST
| INDmoney | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs HDFC securities - SEBI Charges
| INDmoney | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs HDFC securities - Account Opening & AMC Charges
INDmoney
HDFC securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
Preferred:- ₹300/- | Classic:- ₹250/- | Prime:- ₹700/- | Standard:- ₹750/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs HDFC securities
| INDmoney | HDFC securities | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
HDFC Securities Review | Brokerage Charges, Account OpeningHDFC securities India is the most renowned financial service providing company which is a subsidiary of private bank HDFC. HDFC securities ltd provides the both online trading and the trading on the go i.e. mobile or tab. HDFC securities is cdsl or nsdl participant with
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HDFC securities
HDFC securities is a full service Broker. HDFC securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
INDmoney Vs HDFC securities - Brokerage charges & Plans
| INDmoney | HDFC securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.020% or min ₹20/Order | Carry Forward:- 0.025% or min ₹20/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹23/Contract |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹100/Lot (Both Buy & Sell) |
| Commodity Options | N/A | ₹100/Lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | 0.025% or min ₹25/- or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Contract |
| Fixed Charges | 0.05% or up to ₹20/Per Order | N/A |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.05% |
INDmoney Vs HDFC securities - Margin (Exposure)
| INDmoney | HDFC securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs HDFC securities - Other Charges
| INDmoney | HDFC securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/ Order |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹0(Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 0.05% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 0.05% |
INDmoney Vs HDFC securities - STT/CTT
| INDmoney | HDFC securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
INDmoney Vs HDFC securities - Demat transaction charges
| INDmoney | HDFC securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | 0.04% of transaction value (minimum ₹25) |
INDmoney Vs HDFC securities - GST
| INDmoney | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs HDFC securities - SEBI Charges
| INDmoney | HDFC securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs HDFC securities - Features
| INDmoney | HDFC securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 2:45 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. HDFC Securities Website (Web-based trading platform). 2. ProTerminal (Stock analysis and Trading platform). 3. HDFC Securities Mobile trading application. 4. Blink |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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