Comparison –  HDFC Securities Vs ICICI Direct

HDFC Securities ICICI Direct
Year of Incorporation 2002 2000
Exchanges enabled NSE & BSE NSE & BSE
Demat (NSDL/CDSL) NSDL/CDSL NSDL & CDSL
Brokerages
Equity 0.5% for Delivery & 0.05% for Intraday – Negotiable Equity Intraday 0.05% & Delivery 0.25%- Negotiable
Equity Futures 0.05% on Turnover – Negotiable
0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Equity Options Rs 100/lot – Negotiable
Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Currency Futures Rs 23/lot – Negotiable
0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Currency Options Rs 23/lot – Negotiable
Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Commodity NA NA
Account opening charges
Trading and Demat Rs 999 Rs 975 for 3 in 1 Account
Only Trading N/A NA
Commodity N/A NA
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 Days 20 Days
Margins & Leverage Provided
Equity Upto 20 times for Intraday, Upto 2 times for Delivery @interest
Intraday upto 25 times & Delivery upto 5 times for interest
Equity Futures NA for Intraday Upto 4 times for intraday
Equity Options NA for Intraday Not for buying but upto 2 times for shorting
Currency Futures NA for Intraday NA
Currency Options NA for Intraday NA
Commodity NA for Intraday NA
Serviceable
3 in 1 Account YES YES
Instant Fund withdrawal YES YES
Instant Fund Transfer YES YES
Relationship Managers YES YES