Comparison –  HDFC Securities Vs KARVY

HDFC Securities KARVY
Year of Incorporation 2002 1985
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL, CDSL
Brokerages
Equity 0.5% for Delivery & 0.05% for Intraday – Negotiable 0.03% Intraday, 0.3% Delivery
Equity Futures 0.05% on Turnover – Negotiable 0.03% of Turnover
Equity Options Rs 100/lot – Negotiable Rs 50/lot
Currency Futures Rs 23/lot – Negotiable 0.03% of Turnover
Currency Options Rs 23/lot – Negotiable Rs 50/lot
Commodity NA 0.03% of Turnover
Account opening charges
Trading and Demat Rs 999 Rs 420
Only Trading N/A NA
Commodity N/A Rs 200
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 Days 5 days Intraday on ODIN
Margins & Leverage Provided
Equity Upto 20 times for Intraday, Upto 2 times for Delivery @interest Intraday upto 20 times, 0 for Delivery
Equity Futures NA for Intraday Upto 4 times for Intraday
Equity Options NA for Intraday
No Leverage for buying, upto 4 times for Shorting Intraday
Currency Futures NA for Intraday No Leverage
Currency Options NA for Intraday No Leverage
Commodity NA for Intraday Upto 4 times for Intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES YES