Check reviews of other Share brokers

HDFC Securities vs ICICI Direct (Compare HDFC Securities and ICICI Direct)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between HDFC Securities vs ICICI Direct, Below comparison of HDFC Securities vs ICICI Direct highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of HDFC Securities vs ICICI Direct is given below:

HDFC Securities

ICICI Direct

Open Account

	HDFC Securities	ICICI Direct

About The Brokers	HDFC Securities : "With 273+ branches in 190 cities of the country serving 1.8 million customers, comprises approximately 10% of the total customers trading on the exchanges puts HDFC s >>> more	ICICI Direct : "ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur >>> more
Find More Information about the Broker :	HDFC Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	HDFC Securities : Full Service Broker	ICICI Direct : Full Service Broker
Promo/offers	HDFC Securities : N/A	ICICI Direct : Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
Advantage	HDFC Securities : 3-in-1 online trading account.. Security of your investment & money. 24/7 customer service. Easy-to-use website. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Trading is available in both BSE and NSE.	ICICI Direct : 3-in-1 online trading account. Security of your investment & money 24/7 customer service. Easy-to-use website. Innovative offerings like - Margin, MarginPlus, BTST, SPOT. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Own DP services Award winning research services Instant payout for your stocks sold (eATM) By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !
Disadvantage	HDFC Securities : No commodity trading.. Very High brokerage.. Not a good fit for small and penny stock traders. Charges for trading terminal usage. Minimum brokerage charges.	ICICI Direct : Very High delivery brokerage. Not a good fit for small and penny stock traders. Charges for trading terminal usage. High Minimum Brokerage Charges.
Why This	HDFC Securities : A Unique 3-in-1 On-line Trading Account, which includes HDFC Bank Saving Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through HDFC Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >20 Lac customers. Free Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Facility to trade in Equities, IPO's, Mutual Funds, F&O and Currency derivatives. Add on services like relationship manager, tips & recommendations, technical research, training and education.	ICICI Direct : A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade. Largest Equity E-Broking House with >40 Lac customers. Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance. Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Award Winning Research
		Open Account

HDFC Securities vs ICICI Direct Account Opening & AMC Charges

HDFC Securities Trading Account Opening Fee is Rs 999 and ICICI Direct Trading Account Opening Fee is Rs 0 (Free) . HDFC Securities Demat Account AMC is Rs 750 and ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) .

	HDFC Securities	ICICI Direct
Trading Account Opening Fee	Trading Account Opening Fee : Rs 999	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 750	Demat Account AMC : Rs 300 (from 2nd year)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

HDFC Securities vs ICICI Direct Brokerage Charges

HDFC Securities Brokerage Charges Equity Delivery is 0.32% and Equity Intraday is 0.032% and Equity Options is Rs 20 per trade . ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

	HDFC Securities	ICICI Direct
Plan Name	Plan Name : Online Trading	Plan Name : I-Secure Plan	Plan Name : ICICIDirect Neo Plan
Equity Delivery	Equity Delivery : 0.32%	Equity Delivery : 0.55%	Equity Delivery : 0.55%
Equity Intraday	Equity Intraday : 0.032%	Equity Intraday : Rs 20 per order	Equity Intraday : 0.275%
Equity Future	Equity Future : Rs 20 per trade	Equity Future : Rs 0 (Free)	Equity Future : 0.05%
Equity Options	Equity Options : Rs 20 per trade	Equity Options : Rs 20 per order	Equity Options : Rs 95 per lot
Currency Futures	Currency Futures : -	Currency Futures : Rs 20 per order	Currency Futures : Rs 20 per order
Currency Options	Currency Options : -	Currency Options : Rs 20 per order	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : Rs 199 per year	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : 0.05%	Margin Trading : 0.05% - 0.03%	Margin Trading : 0.05% - 0.03%
Commodity Futures	Commodity Futures : -	Commodity Futures : Rs 20 per order	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : -	Commodity Options : Rs 20 per order	Commodity Options : Rs 20 per order
	Open Account	Open Account

HDFC Securities vs ICICI Direct Exchange Transaction Charges

HDFC Securities Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . ICICI Direct Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	HDFC Securities	ICICI Direct
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : NA	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

HDFC Securities vs ICICI Direct Other Charges

HDFC Securities Minimum Brokerage is Rs. 25 per order on equity segment and Call & Trade is Rs 0 . ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade .

	HDFC Securities	ICICI Direct
Minimum Brokerage	Minimum Brokerage : Rs. 25 per order on equity segment	Minimum Brokerage : Rs 35 per trade (I-Secure Plan)
Call & Trade	Call & Trade : Rs 0	Call & Trade : Rs 50 per trade
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Margin Trading Interest: 0.025% Per day
	Open Account	Open Account

HDFC Securities vs ICICI Direct Features

HDFC Securities and ICICI Direct both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	HDFC Securities	ICICI Direct
Trading Platform	Trading Platform : ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	Trading Platform : ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : -
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : -
Unique features & Offers	Unique features & Offers : Instant online, paperless account opening. One-stop shop for all your investments. Multiple platforms and trading options. The lowest brokerage of 0.10% per trade for Equity Delivery. Portfolio Tracking in Depth. 24/7 assistance and Call &Trade service. Get payout up to Rs 5 lakhs on the same day with enCash Facility. Relationship Manager Service. Margin Trading Facility. Various Brokerage plans Free Basket Investment registration. 3-in-1 account opening.	Unique features & Offers : Offer 3-in-1 Account. Support in local ICICI Bank branches. Trusted brand.
Referral Program	Referral Program : -	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

HDFC Securities vs ICICI Direct Demat Account Charges

A comparative table of various demat account charges between HDFC Securities and ICICI Direct is below:

	HDFC Securities	ICICI Direct
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : NSDL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : Stamp Duty at actuals
Advance Deposit	Advance Deposit : Rs 7,500/-	Advance Deposit : â‚¹0 for ICICI Bank customers. â‚¹7500 for Non ICICI BANK customers.
AMC	AMC : For Non BSDA Individual a/c : Rs 750 p.a For BSDA Individual a/c: Holding value 0 to 50,000: Nil Holding value between 50,001 to 2,00,000: Rs 100 p.a Holding value more than 2,00,000: Rs 750 p.a. For Corporate a/c:- Rs 1,500 p.a	AMC : For Individual account: â‚¹700 p.a. For Corporate account: â‚¹1500 p.a.
Dematerialisation Charges	Dematerialisation Charges : Rs 5 per certificate + Rs 35 per Dematerialisation request submitted	Dematerialisation Charges : â‚¹50 Per Demat Request Form and â‚¹10 For Each Certificates
Rematerialisation Charges	Rematerialisation Charges : Rs 30 per request + CDSL actuals	Rematerialisation Charges : â‚¹25 + CDSL charges at actual
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.04% of the value of txn subj to min Rs 20 per txn done by EASIEST. For BSDA a/c it's 0.06%, Min Rs 40 0.04% of the value of txn subj to Min Rs 25 per txn done by HDFC securities. For BSDA a/c It's 0.06%, Min Rs 45 0.04% of the value of txn subj to Min Rs 40 per txn undertaken by Manual txn. For BSDA a/c it's 0.06%, Min Rs 60 For Debt txn 0.04% of the value of txn subj to Min Rs 40 & Max Rs 5,000 per txn. For BSDA a/c it's 0.06%, Min Rs 60 & Max Rs 5,000 If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min Rs 25 per txn	Transaction Charges (debit) : For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum â‚¹30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum â‚¹30 & maximum â‚¹25,000 )
Pledge Creation Charges	Pledge Creation Charges : Nil	Pledge Creation Charges : 0.02% or minimum of â‚¹35
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : If the pledge is marked in favour of HDFC Bank: 0.02% of the value of the txn subject to min of Rs 40 per txn 0.04% of the value of the txn subject to min of Rs 60 per txn for BSDA a/c	Pledge Creation Confirmation Charges : 0.02% or minimum of â‚¹35
Pledge Invocation Charges	Pledge Invocation Charges : If the pledge is marked to other than HDFC Bank 0.04% of the value of the txn subject to min of Rs 40 per txn 2. 0.06%, of the value of the txn subject to min of Rs 60 per txn for BSDA a/c	Pledge Invocation Charges : 0.02% or minimum of â‚¹35
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : -
Other Charges	Other Charges : Mailing charges for non-periodic statements & other communication: Rs 35 for inland & Rs 500 for foreign address For restoring services if account is suspended for non payment of charges: Rs 250 Reissuance of Delivery Instruction Booklet (DIB): Rs 75 per Booklet Settlement Charges: Rs 250 pm for CM Principle account & Unified Settlement account & Rs 500 p.m for CM Settlement account	Other Charges : â‚¹200 for restoring services if account is suspended for non payment of charges.
	Open Account	Open Account

HDFC Securities vs ICICI Direct Basic Details

HDFC Securities Year of Incorporation is 2002 and Total Number of Clients is 1088561 and Total Number of Branches is 270 . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 1869925 and Total Number of Branches is 154 .

	HDFC Securities	ICICI Direct
Year of Incorporation	Year of Incorporation : 2002	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE, MCX, NCDEX	Active Exchange Memberships : -
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : www.hdfcsec.com	Website : -
Contact Details	Contact Details : 0294 242 5771	Contact Details : -
Total Number of Clients	Total Number of Clients : 1,088,561	Total Number of Clients : 1,869,925
Total Number of Branches	Total Number of Branches : 270	Total Number of Branches : 154
Products *	Products : Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution	Products : -
	Open Account	Open Account

HDFC Securities vs ICICI Direct Orders

Orders

	HDFC Securities	ICICI Direct
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : No
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

HDFC Securities vs ICICI Direct Research and Advice / Trading Tips

Research and Advice / Trading Tips

	HDFC Securities	ICICI Direct
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : -
Comparison *	Comparison : Yes	Comparison : -
Free Tips *	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : Yes	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes
	Open Account	Open Account

HDFC Securities vs ICICI Direct Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	HDFC Securities	ICICI Direct
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs 300,000 to Rs. 500,000	Investment required for Franchisee / AP : -
	Open Account	Open Account

HDFC Securities vs ICICI Direct Product & Services

HDFC Securities and ICICI Direct both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	HDFC Securities	ICICI Direct
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : No	Margin Trading : Yes
Call N Trade *	Call N Trade : Yes	Call N Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -
Limit Order *	Limit Order : Yes	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : No	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : -
Market Trading *	Market Trading : Yes	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : -
	Open Account	Open Account

HDFC Securities vs ICICI Direct Customer Services

HDFC Securities and ICICI Direct both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	HDFC Securities	ICICI Direct
Toll Free Number *	Toll Free Number : No	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : Yes	Branch Offices : -
Customer Care *	Customer Care : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -
	Open Account	Open Account

HDFC Securities vs ICICI Direct Other Investement

HDFC Securities and ICICI Direct both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	HDFC Securities	ICICI Direct
Commodity Trading *	Commodity Trading : No	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : Yes	Insurance Services : -
Banking Services *	Banking Services : Yes	Banking Services : -
	Open Account	Open Account

HDFC Securities vs ICICI Direct Trading Platform

HDFC Securities and ICICI Direct both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	HDFC Securities	ICICI Direct
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : No	I-Pad App : -
Virtual Trading *	Virtual Trading : -	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : -
Contact Now
	Open Account	Open Account