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HDFC Securities vs IIFL (Compare HDFC Securities and IIFL)

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 IIFL, Below comparison of HDFC Securities vs IIFL 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 IIFL is given below:

HDFC Securities IIFL
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

IIFL :

"IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you   >>> more

Find More Information about the Broker :
HDFC Securities :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
IIFL :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
HDFC Securities :
 Full Service Broker
IIFL :
 Full Service Broker
Promo/offers
HDFC Securities :
N/A
IIFL :
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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.
IIFL :
  • Offer online IPO and Equity SIP
  • 1900+ branches all over India & have a global presence
  • Trading facility to NRIs is provided
  • Provide multiple broking plans
  • IIFL Trade terminal is one of the best trading terminal in India
  • Offer Commodity Trading & Investment facility in Mutual funds & IPO
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.
IIFL :
  • Scope improvement is there in customer support.
  • Provides only 2-in-1 account facility
  • Less transparency in brokerage plans
  • High brokerage.
  • 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.
IIFL :
  • Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world.
  • Provide IPO service and equity SIP also
  • Amongst top 10 stock brokers in India
  • Best rated mobile Trading Platforms with >1.9m download.
  • Have branches all over India. Approx 1900+ Branches
  • They provide multiple brokerage plans
  • All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O
  • Offer NRI Trading.
Open Account

HDFC Securities vs IIFL Account Opening & AMC Charges

HDFC Securities Trading Account Opening Fee is Rs 999 and IIFL Trading Account Opening Fee is Rs 0 (Free) . HDFC Securities Demat Account AMC is Rs 750 and IIFL Demat Account AMC is Rs 250 (Free for 1st year) .

HDFC Securities IIFL
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

Demat Account AMC Demat Account AMC :

Rs 750

Demat Account AMC :

Rs 250 (Free for 1st year)

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0

Open Account Open Account

HDFC Securities vs IIFL Brokerage Charges

HDFC Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Rs 20 per trade . IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

HDFC Securities IIFL
Plan Name Plan Name :

Online Trading

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

0.50%

Equity Delivery :

Rs 20 per order

Equity Intraday Equity Intraday :

0.05%

Equity Intraday :

Rs 20 per order

Equity Future Equity Future :

Rs 20 per trade

Equity Future :

Rs 20 per order

Equity Options Equity Options :

Rs 20 per trade

Equity Options :

Rs 20 per order

Currency Futures Currency Futures : - Currency Futures :

Rs 20 per order

Currency Options Currency Options : - Currency Options :

Rs 20 per order

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading :

0.05%

Margin Trading : -
Commodity Futures Commodity Futures : - Commodity Futures :

Rs 20 per order

Commodity Options Commodity Options : - Commodity Options :

Rs 20 per order

Open Account Open Account

HDFC Securities vs IIFL Exchange Transaction Charges

HDFC Securities Exchange Transaction Charges Equity Future is .00190% and Equity Options is 0.050% (on premium) . IIFL Exchange Transaction Charges Equity Future is Rs 210 per Cr (0.0021%) and Equity Options is Rs 5100 per Cr (0.051%) (on premium) .

HDFC Securities IIFL
Equity Delivery Equity Delivery :

0.00325%

Equity Delivery :

Rs 325 per Cr (0.00325%)

Equity Intraday Equity Intraday :

0.00325%

Equity Intraday :

Rs 325 per Cr (0.00325%)

Equity Future * Equity Future :

.00190%

Equity Future :

Rs 210 per Cr (0.0021%)

Equity Options * Equity Options :

0.050% (on premium)

Equity Options :

Rs 5100 per Cr (0.051%) (on premium)

Currency Futures * Currency Futures :

0.00110%

Currency Futures :

Rs 210 per Cr (0.0021%)

Currency Options Currency Options :

0.040% (on premium)

Currency Options :

Rs 5100 per Cr (0.051%) (on premium)

Commodity Commodity :

NA

Commodity :

Group A - Rs 280 per Cr (0.0028%)

Open Account Open Account

HDFC Securities vs IIFL Other Charges

HDFC Securities Minimum Brokerage is Rs. 25 per order on equity segment and Call & Trade is Rs 0 . IIFL and Call & Trade is Rs 50 per call .

HDFC Securities IIFL
Minimum Brokerage Minimum Brokerage :

Rs. 25 per order on equity segment

Minimum Brokerage : -
Call & Trade Call & Trade :

Rs 0

Call & Trade :

Rs 50 per call

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

0.04% (minimum ₹25 per debit transaction)

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Advisory SMS - Rs 50 per month

Open Account Open Account

HDFC Securities vs IIFL Features

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

HDFC Securities IIFL
Trading Platform Trading Platform :

ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify

Trading Platform :

IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

No

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 :

Yes

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 : -
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) :

No

Open Account Open Account

HDFC Securities vs IIFL Demat Account Charges

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

HDFC Securities IIFL
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

Rs 0 (free)

Advance Deposit Advance Deposit :

Rs 7,500/-

Advance Deposit :

Rs 0

AMC AMC :

  1. For Non BSDA Individual a/c : Rs 750 p.a
  2. For BSDA Individual a/c:
    1. Holding value 0 to 50,000: Nil
    2. Holding value between 50,001 to 2,00,000: Rs 100 p.a
    3. Holding value more than 2,00,000: Rs 750 p.a.
  3. For Corporate a/c:- Rs 1,500 p.a

AMC :

Rs 250 (free for 1st year)

Dematerialisation Charges Dematerialisation Charges :

Rs 5 per certificate + Rs 35 per Dematerialisation request submitted

Dematerialisation Charges :

Rs 15 per certificate

Rematerialisation Charges Rematerialisation Charges :

Rs 30 per request + CDSL actuals

Rematerialisation Charges :

Rs 15 per certificate

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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) :

Rs 25 per debit transaction

Pledge Creation Charges Pledge Creation Charges :

Nil

Pledge Creation Charges :

Rs 10

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

If the pledge is marked in favour of HDFC Bank:

  1. 0.02% of the value of the txn subject to min of Rs 40 per txn
  2. 0.04% of the value of the txn subject to min of Rs 60 per txn for BSDA a/c

Pledge Creation Confirmation Charges :

Rs 0

Pledge Invocation Charges Pledge Invocation Charges :

If the pledge is marked to other than HDFC Bank

  1. 0.04% of the value of the txn subject to min of Rs 40 per txn
  2. 2. 0.06%, of the value of the txn subject to min of Rs 60 per txn for BSDA a/c

Pledge Invocation Charges :

Rs 15

Failed Instruction Charges Failed Instruction Charges :

Nil

Failed Instruction Charges : -
Other Charges Other Charges :

  1. Mailing charges for non-periodic statements & other communication: Rs 35 for inland & Rs 500 for foreign address
  2. For restoring services if account is suspended for non payment of charges: Rs 250
  3. Reissuance of Delivery Instruction Booklet (DIB): Rs 75 per Booklet
  4. Settlement Charges: Rs 250 pm for CM Principle account & Unified Settlement account & Rs 500 p.m for CM Settlement account

Other Charges :

Conversion of MF units: Rs 0, Reconversion of MF units: Rs 0, Courier Charges: Rs 100 per request

Open Account Open Account

HDFC Securities vs IIFL Basic Details

HDFC Securities Year of Incorporation is 2002 and Total Number of Clients is 1156837 and Total Number of Branches is 270 . IIFL Year of Incorporation is 1996 and Total Number of Clients is 1139902 and Total Number of Branches is 900 .

HDFC Securities IIFL
Year of Incorporation Year of Incorporation :

2002

Year of Incorporation :

1996

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX, NCDEX

Active Exchange Memberships :

NSE, BSE, MCX, and NCDEX

Demat Services Demat Services :

Yes

Demat Services :

Yes

Website Website : www.hdfcsec.com Website : https://www.indiainfoline.com
Contact Details Contact Details :

0294 242 5771

Contact Details :

022-400710000

Total Number of Clients Total Number of Clients :

1,156,837

Total Number of Clients :

1,139,902

Total Number of Branches Total Number of Branches :

270

Total Number of Branches :

900

Products * Products :

Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution

Products :

Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking

Open Account Open Account

HDFC Securities vs IIFL Orders

Orders

HDFC Securities IIFL
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) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

Yes

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) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

HDFC Securities vs IIFL Research and Advice / Trading Tips

Research and Advice / Trading Tips

HDFC Securities IIFL
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

Yes

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

Yes

Recommendation basis risk Profile * Recommendation basis risk Profile :

Yes

Recommendation basis risk Profile :

Yes

Comparison * Comparison :

Yes

Comparison :

Yes

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 :

Yes

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

Yes

Open Account Open Account

HDFC Securities vs IIFL Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

HDFC Securities IIFL
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs 300,000 to Rs. 500,000

Investment required for Franchisee / AP :

Rs.75,000 to Rs.2,00,000

Open Account Open Account

HDFC Securities vs IIFL Product & Services

HDFC Securities and IIFL 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 IIFL
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

Yes

Call in Trade * Call in Trade :

Yes

Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

Yes

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

Yes

NRI Services :

Yes

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

Yes

IPO Investment * IPO Investment :

Yes

IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

No

Brokerage Calculator :

No

Margin Calculator * Margin Calculator :

No

Margin Calculator :

No

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

Yes

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No

Open Account Open Account

HDFC Securities vs IIFL Customer Services

HDFC Securities and IIFL 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 IIFL
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

Yes

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

Yes

Branch Offices :

Yes

Customer Care * Customer Care :

Yes

Customer Care :

Yes

Community Service * Community Service :

Yes

Community Service :

Yes

Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

HDFC Securities vs IIFL Other Investement

HDFC Securities and IIFL 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 IIFL
Commodity Trading * Commodity Trading :

No

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds :

Yes

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments :

Yes

Insurance Services * Insurance Services :

Yes

Insurance Services :

Yes

Banking Services * Banking Services :

Yes

Banking Services :

No

Open Account Open Account

HDFC Securities vs IIFL Trading Platform

HDFC Securities and IIFL 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 IIFL
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

Yes

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

No

I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

No

iPhone Mobile App :

Yes

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Open Account Open Account

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