Compare stock brokers
HDFC Securities vs. Indiabulls Ventures
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are HDFC Securities and Indiabulls Ventures. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of HDFC Securities and Indiabulls Ventures.
Overview
HDFC Securities and Indiabulls Ventures are both public companies and both are full service broker as well. Bharat Shat co-founded HDFC Securities in 2000. And Indiabulls Ventures was founded in the year 1995 by Sameer Gehlaut. HDFC Securities's headquarters are in Mumbai, India and Indiabulls Ventures's headquarters are in Gurgaon, India.
HDFC Securities and Indiabulls Ventures both are full service broker as well. HDFC Securities is registered in BSE, NSE, while Indiabulls Ventures is registered in BSE, NSE and MCX. The total branches of HDFC Securities are 270 and the Indiabulls Ventures branches are 18.
| Overview | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Public |
| Headquarter | Mumbai, India | Gurgaon, India |
| Founders | Bharat Shat | Sameer Gehlaut |
| Foundation Year | 2000 | 1995 |
| Supported Exchanges | BSE, NSE | BSE, NSE and MCX |
| Total branches | 270 | 18 |
HDFC Securities and Indiabulls Ventures Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with HDFC Securities charging Rs.500 and Indiabulls Ventures charging Free.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the HDFC Securities Demat account is Rs.300 per Annum and for the Indiabulls Ventures Demat account is Free or Rs.450 per Annum. The Trading AMC for HDFC Securities and Indiabulls Ventures is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both HDFC Securities and Indiabulls Ventures is CDSL.
| Account Opening and Demat Charges | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Trading Account Opening Charges | Rs.500 | Free |
| Demat AMC (Annual Maintenance Charges) | Rs.300 per Annum | Free or Rs.450 per Annum |
| Trading AMC (Annual Maintenance Charges) | Rs.500 per annum | Free |
| Margin Money | Minimum Rs.25,000 | Zero Margin |
| Offline to Online Charges | Yes | Yes |
| Depository | NSDL & CDSL | CDSL & NSDL |
HDFC Securities and Indiabulls Ventures Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for HDFC Securities is 0.50%, while Indiabulls Ventures charges you 0.01% or Rs.15 per executed order.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for HDFC Securities is 0.05% and for Indiabulls Ventures also, it is 0.01% or Rs.15 per executed order.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. HDFC Securities charge 0.05% and Indiabulls Ventures charge 0.01% or Rs.15 per executed order for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, HDFC Securities charges Rs.100 per Lot or 1% of Premium (Takes higher Amount), and Indiabulls Ventures charges 0.01% or Rs.15 per executed order.
| Equity Brokerage Charges | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Equity Delivery Brokerage | 0.50% | 0.01% or Rs.15 per executed order |
| Equity Intraday Brokerage | 0.05% | 0.01% or Rs.15 per executed order |
| Equity Futures Brokerage | 0.05% | 0.01% or Rs.15 per executed order |
| Equity Options Brokerage | Rs.100 per Lot or 1% of Premium (Takes higher Amount) | 0.01% or Rs.15 per executed order |
HDFC Securities and Indiabulls Ventures Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for HDFC Securities is 0.05% and for Indiabulls Ventures is 0.01% or Rs.15 per executed order.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. HDFC Securities charges Rs.100 per Lot or 1% of Premium (Takes higher Amount) for currency options, whereas HDFC Securities charges 0.01% or Rs.15 per executed order.
| Currency Brokerage Charges | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Currency Futures Brokerage | 0.05% | 0.01% or Rs.15 per executed order |
| Currency Options Brokerage | Rs.100 per Lot or 1% of Premium (Takes higher Amount) | 0.01% or Rs.15 per executed order |
HDFC Securities and Indiabulls Ventures Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. HDFC Securities charges Na for commodity trading, while Indiabulls Ventures charges 0.01% or Rs.15 per executed order.
| Commodity Brokerage Charges | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Commodity Options Brokerage | Na | 0.01% or Rs.15 per executed order |
HDFC Securities and Indiabulls Ventures Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: HDFC Securities levies a minimum brokerage fee of Rs.25, while Indiabulls Ventures charges 0.01% or Rs.15 per executed order brokerage fee.
Transaction Brokerage Charges: HDFC Securities levies a transaction brokerage charge of 0.00325% of Total Turnover, while Indiabulls Ventures charges 0.00312% of Total Turnover.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for HDFC Securities is 0.0002% of Total Turnover and for HDFC Securities is 0.0003% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for HDFC Securities are 0.0126% of Total Turnover, while for Indiabulls Ventures, they are 0.0130% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. HDFC Securities charges Rs 0 and Indiabulls Ventures charges Rs 0 (Free).
| Other Brokerage Charges | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Minimum Brokerage Charges | Rs.25 | 0.01% or Rs.15 per executed order | Transaction Brokerage Charges | 0.00325% of Total Turnover | 0.00312% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0003% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0130% of Total Turnover | Call and Trade Charges | Rs 0 | Rs 0 (Free) |
HDFC Securities and Indiabulls Ventures Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by HDFC Securities is up to Upto 8x and by Indiabulls Ventures it is up to Upto 3x.
Equity Intraday: Leverage for equity intraday by HDFC Securities is up to Upto 14x and by Indiabulls Ventures it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by HDFC Securities is up to Upto 7x and by Indiabulls Ventures it is up to Upto 3x.
Equity Options: Leverage for Equity Options by HDFC Securities is up to Upto 8x and by Indiabulls Ventures also, it is up to Upto 4x.
| Equity Leverage | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Equity Delivery | Upto 8x | Upto 3x | Equity Intraday | Upto 14x | Upto 6x | Equity Futures | Upto 7x | Upto 3x | Equity Options | Upto 8x | Upto 4x |
HDFC Securities and Indiabulls Ventures Currency Leverage
The currency futures leverage provided by HDFC Securities is up to Upto 7x, while for Indiabulls Ventures it is up to Upto 3x.
The currency options leverage provided by HDFC Securities is up to Upto 5x, while for Indiabulls Ventures it is up to Upto 3x.
| Currency Leverage | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Currency Futures | Upto 7x | Upto 3x | Currency Options | Upto 5x | Upto 3x |
HDFC Securities and Indiabulls Ventures Commodity Leverage
The commodity leverage provided by HDFC Securities is up to Upto 6x, while for Indiabulls Ventures it is up to Upto 3x.
| Commodity Leverage | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Commodity | Upto 6x | Upto 3x |
HDFC Securities and Indiabulls Ventures Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Free Stock Trading Account | No | Yes | Free Demat Account | No | Yes | Flexible Plans | Yes | No | Brokerage Discounts | No | Yes | Happy Hours | Yes | No | 1 Month Free Plan | No | No | Holiday Offers | No | No | Referral Program | No | Yes | Zero Brokerage on Loss Trades | Yes | No |
HDFC Securities and Indiabulls Ventures Features
Equity Trading: HDFC Securities and Indiabulls Ventures brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: HDFC Securities and Indiabulls Ventures also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of HDFC Securities and Indiabulls Ventures broker is that you can also invest in IPOs. HDFC Securities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. HDFC Securities offers trading exposure of up to Upto 14x, while Indiabulls Ventures gives up to Upto 6x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With HDFC Securities and Indiabulls Ventures, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. HDFC Securities and Indiabulls Ventures also allow you to trade in forex trading.
| Features | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | No | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | Yes | Yes |
| Trading Institution | No | No | Trading Exposure | Upto 14x | Upto 6x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | Yes | No | Insurance | Yes | Yes |
HDFC Securities and Indiabulls Ventures Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. HDFC Securities and Indiabulls Ventures offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | No |
| Company Reports | Yes | Yes |
| Annual Reports | Yes | Yes |
| Company Stock Review | Yes | Yes |
| Free Stock Tips | No | Yes |
| IPO Reports | Yes | Yes |
| Top Picks | No | Yes |
| Daily Market Review | No | Yes |
| Monthly Reports | Yes | Yes |
| Weekly reports | Yes | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
HDFC Securities and Indiabulls Ventures Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. HDFC Securities and Indiabulls Ventures offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | Yes | Yes |
HDFC Securities and Indiabulls Ventures Mobile Trading Platforms
HDFC Securities and Indiabulls Ventures offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Mobile Browser | Yes | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
HDFC Securities and Indiabulls Ventures Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. HDFC Securities and Indiabulls Ventures give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | No | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 156 | 200+ |
HDFC Securities and Indiabulls Ventures Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for HDFC Securities and Indiabulls Ventures registered and resolved complaints.
For HDFC Securities, the Percentage of resolved BSE complaints is 97.42 % and the Percentage of resolved NSE complaints is 95.13 %.
For Indiabulls Ventures, the Percentage of resolved BSE complaints is 95.61 % and the Percentage of resolved NSE complaints is 98.65 %.
We can say that HDFC Securities is better than Indiabulls Ventures in case of resolving customer complaints.
| BSE Complaints | HDFC Securities | Indiabulls Ventures |
|---|---|---|
| BSE Complaints | 194 | 114 |
| BSE Resolved Complaints | 189 | 109 |
| Percentage of resolved BSE complaints | 97.42 % | 95.61 % |
| NSE Complaints | 226 | 148 |
| NSE Resolved Complaints | 215 | 146 |
| Percentage of resolved NSE complaints | 95.13 % | 98.65 % |
| BSE/NSE Complaint vs. Resolved Percentage | 96.28 % | 97.13 % |
Frequently Asked Questions
Is HDFC Securities better than Indiabulls Ventures?
HDFC Securities and Indiabulls Ventures are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Indiabulls Ventures better than HDFC Securities?
Indiabulls Ventures and HDFC Securities are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between HDFC Securities and Indiabulls Ventures?
HDFC Securities and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, HDFC Securities and Indiabulls Ventures?
To figure out which of the two stockbrokers, HDFC Securities and Indiabulls Ventures, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare HDFC Securities with other stock brokers
Visit the following pages to see a detailed comparision report of HDFC Securities with other brokerage firms.
Compare Indiabulls Ventures with other stock brokers
Visit the following pages to see a detailed comparision report of Indiabulls Ventures with other brokerage firms.