Compare stock brokers
HSE Securities vs. Sbi Securities
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 HSE Securities and Sbi Securities. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of HSE Securities and Sbi Securities.
Overview
HSE Securities is private company and Sbi Securities is public company. both are full service broker as well. V. R. Bhaskar Reddy co-founded HSE Securities in 1999. And Sbi Securities was founded in the year 2006 by Arun Mehta. HSE Securities's headquarters are in Hyderabad, A.P and Sbi Securities's headquarters are in Mumbai, India.
HSE Securities and Sbi Securities both are full service broker as well. HSE Securities is registered in NA, while Sbi Securities is registered in BSE, NSE. The total branches of HSE Securities are Nil and the Sbi Securities branches are 117.
| Overview | HSE Securities | Sbi Securities |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Private | Public |
| Headquarter | Hyderabad, A.P | Mumbai, India |
| Founders | V. R. Bhaskar Reddy | Arun Mehta |
| Foundation Year | 1999 | 2006 |
| Supported Exchanges | NA | BSE, NSE |
| Total branches | Nil | 117 |
HSE Securities and Sbi Securities 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 HSE Securities charging Rs.229 and Sbi Securities charging Rs.850 or Free for limited period.
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 HSE Securities Demat account is Rs.259 per Annum and for the Sbi Securities Demat account is Rs.350 per Annum. The Trading AMC for HSE Securities and Sbi Securities 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 HSE Securities and Sbi Securities is CDSL.
| Account Opening and Demat Charges | HSE Securities | Sbi Securities |
|---|---|---|
| Trading Account Opening Charges | Rs.229 | Rs.850 or Free for limited period |
| Demat AMC (Annual Maintenance Charges) | Rs.259 per Annum | Rs.350 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Minimum Rs.1,000 | Rs.25,000 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
HSE Securities and Sbi Securities 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 HSE Securities is 0.15%, while Sbi Securities charges you 0.50%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for HSE Securities is 0.02% and for Sbi Securities also, it is 0.08%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. HSE Securities charge 0.02% and Sbi Securities charge 0.03% – 0.05% 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, HSE Securities charges Rs.15 per Lot, and Sbi Securities charges Rs.50 per lot.
| Equity Brokerage Charges | HSE Securities | Sbi Securities |
|---|---|---|
| Equity Delivery Brokerage | 0.15% | 0.50% |
| Equity Intraday Brokerage | 0.02% | 0.08% |
| Equity Futures Brokerage | 0.02% | 0.03% – 0.05% |
| Equity Options Brokerage | Rs.15 per Lot | Rs.50 per lot |
HSE Securities and Sbi Securities 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 HSE Securities is 0.02% and for Sbi Securities is 0.02%.
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. HSE Securities charges Rs.10 per Lot for currency options, whereas HSE Securities charges Rs.20 per Lot.
| Currency Brokerage Charges | HSE Securities | Sbi Securities |
|---|---|---|
| Currency Futures Brokerage | 0.02% | 0.02% |
| Currency Options Brokerage | Rs.10 per Lot | Rs.20 per Lot |
HSE Securities and Sbi Securities 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. HSE Securities charges 0.02% for commodity trading, while Sbi Securities charges NA.
| Commodity Brokerage Charges | HSE Securities | Sbi Securities |
|---|---|---|
| Commodity Options Brokerage | 0.02% | NA |
HSE Securities and Sbi Securities Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: HSE Securities levies a minimum brokerage fee of Percentage of Transaction, while Sbi Securities charges Rs.10 per Transaction brokerage fee.
Transaction Brokerage Charges: HSE Securities levies a transaction brokerage charge of 0.00317%, while Sbi Securities charges 0.00384% 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 HSE Securities is 0.0002% of Total Turnover and for HSE Securities is 0.0002% 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 HSE Securities are 0.0126% of selling value, while for Sbi Securities, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. HSE Securities charges NA and Sbi Securities charges Rs 10 per call (after 30 free calls a month).
| Other Brokerage Charges | HSE Securities | Sbi Securities |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Rs.10 per Transaction | Transaction Brokerage Charges | 0.00317% | 0.00384% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% 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 selling value | 0.0126% of Total Turnover | Call and Trade Charges | NA | Rs 10 per call (after 30 free calls a month) |
HSE Securities and Sbi Securities 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 HSE Securities is up to Upto 3x and by Sbi Securities it is up to 2x with Interest.
Equity Intraday: Leverage for equity intraday by HSE Securities is up to Upto 6x and by Sbi Securities it is up to Upto 5x.
Equity Futures: Leverage for Equity Futures by HSE Securities is up to Upto 1x and by Sbi Securities it is up to Nil.
Equity Options: Leverage for Equity Options by HSE Securities is up to Upto 6x and by Sbi Securities also, it is up to Nil.
| Equity Leverage | HSE Securities | Sbi Securities |
|---|---|---|
| Equity Delivery | Upto 3x | 2x with Interest | Equity Intraday | Upto 6x | Upto 5x | Equity Futures | Upto 1x | Nil | Equity Options | Upto 6x | Nil |
HSE Securities and Sbi Securities Currency Leverage
The currency futures leverage provided by HSE Securities is up to Upto 2x, while for Sbi Securities it is up to Nil.
The currency options leverage provided by HSE Securities is up to Upto 1x, while for Sbi Securities it is up to Nil.
| Currency Leverage | HSE Securities | Sbi Securities |
|---|---|---|
| Currency Futures | Upto 2x | Nil | Currency Options | Upto 1x | Nil |
HSE Securities and Sbi Securities Commodity Leverage
The commodity leverage provided by HSE Securities is up to Upto 2x, while for Sbi Securities it is up to NA.
| Commodity Leverage | HSE Securities | Sbi Securities |
|---|---|---|
| Commodity | Upto 2x | NA |
HSE Securities and Sbi Securities 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 | HSE Securities | Sbi Securities |
|---|---|---|
| Free Stock Trading Account | Yes | No | Free Demat Account | No | No | Flexible Plans | No | No | Brokerage Discounts | No | No | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | No | Referral Program | Yes | No | Zero Brokerage on Loss Trades | No | No |
HSE Securities and Sbi Securities Features
Equity Trading: HSE Securities and Sbi Securities 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: HSE Securities and Sbi Securities also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of HSE Securities and Sbi Securities broker is that you can also invest in IPOs. HSE Securities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. HSE Securities offers trading exposure of up to Upto 6x, while Sbi Securities gives up to Upto 12x.
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 HSE Securities and Sbi Securities, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. HSE Securities and Sbi Securities also allow you to trade in forex trading.
| Features | HSE Securities | Sbi Securities |
|---|---|---|
| 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 | Yes | No | IPO (Initial public offering) | No | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | Yes |
| Trading Institution | No | No | Trading Exposure | Upto 6x | Upto 12x | Mutual Funds | No | Yes | SIP (Systematic Investment Plan) | No | Yes | Forex Trading | No | No | Banking | No | Yes | Insurance | No | Yes |
HSE Securities and Sbi Securities 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. HSE Securities and Sbi Securities 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 | HSE Securities | Sbi Securities |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | No | Yes |
| Company Reports | No | Yes |
| Annual Reports | No | Yes |
| Company Stock Review | No | Yes |
| Free Stock Tips | Yes | No |
| IPO Reports | No | Yes |
| Top Picks | No | Yes |
| Daily Market Review | No | No |
| Monthly Reports | No | Yes |
| Weekly reports | No | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
HSE Securities and Sbi Securities 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. HSE Securities and Sbi Securities 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 | HSE Securities | Sbi Securities |
|---|---|---|
| Windows | Yes | Yes |
| Mac | No | Yes |
| Desktop Browser | No | Yes |
HSE Securities and Sbi Securities Mobile Trading Platforms
HSE Securities and Sbi Securities offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | HSE Securities | Sbi Securities |
|---|---|---|
| Mobile Browser | Yes | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
HSE Securities and Sbi Securities 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. HSE Securities and Sbi Securities 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 | HSE Securities | Sbi Securities |
|---|---|---|
| Relationship Manager | No | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | Yes |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 12 | 225 |
HSE Securities and Sbi Securities 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 HSE Securities and Sbi Securities registered and resolved complaints.
For HSE Securities, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Sbi Securities, the Percentage of resolved BSE complaints is 78.06 % and the Percentage of resolved NSE complaints is 91.74 %.
We can say that HSE Securities is better than Sbi Securities in case of resolving customer complaints.
| BSE Complaints | HSE Securities | Sbi Securities |
|---|---|---|
| BSE Complaints | 0 | 196 |
| BSE Resolved Complaints | 0 | 153 |
| Percentage of resolved BSE complaints | NaN % | 78.06 % |
| NSE Complaints | 1 | 218 |
| NSE Resolved Complaints | 1 | 200 |
| Percentage of resolved NSE complaints | 100.00 % | 91.74 % |
| BSE/NSE Complaint vs. Resolved Percentage | NaN % | 84.90 % |
Frequently Asked Questions
Is HSE Securities better than Sbi Securities?
HSE Securities and Sbi Securities 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 Sbi Securities better than HSE Securities?
Sbi Securities and HSE 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 HSE Securities and Sbi Securities?
HSE 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, HSE Securities and Sbi Securities?
To figure out which of the two stockbrokers, HSE Securities and Sbi Securities, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare HSE Securities with other stock brokers
Visit the following pages to see a detailed comparision report of HSE Securities with other brokerage firms.
Compare Sbi Securities with other stock brokers
Visit the following pages to see a detailed comparision report of Sbi Securities with other brokerage firms.