Comparison – ICICI Direct Vs HDFC Securities

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