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HDFC Securities vs Zerodha – Compare Charges, Trading Features, Offers & more
Find a Comparison of HDFC Securities vs Zerodha here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of HDFC Securities and Zerodha.
Background
| Year of Incorporation | 2002 | 2010 |
| Website | https://www.hdfcsec.com/ | https://zerodha.com |
| Phone | 022-39019400 | 080-4718-1888 |
| Exchanges enabled | NSE & BSE | NSE, BSE, MCX-SX & MCX |
| Demat (NSDL/CDSL) | NSDL & CDSL | CDSL |
Brokerage
| Equity | 0.50% on transaction value | Rs 0 on Delivery & Rs 20 on Intraday |
| Equity Futures | Rs 20 per executed order | Rs 20 or 0.03% (whichever is lower) per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per order |
| Currency Futures | Rs. 23 | Rs 20 or 0.03% (whichever is lower) per executed order |
| Currency Options | Rs. 20 per lot | Rs 20 per order |
| Commodity | Not Available | Rs 20 per order |
Account Opening Costs
| Trading only | Rs 999 | Free |
| Trading & Demat | Rs 750 | Free |
| Commodity | Not Available | Free |
Transparency & other costs
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% of Turnover | 0.00325% on Turnover |
| Futures | 0.0019% of Turnover | 0.0021% on Contract Turnover |
| Options | 0.051% of Turnover | 0.053% on Premium Turnover |
| Commodities | Not Available | 0.0031% on Contract turnover |
| AMC charge | Rs 750 per year | Rs 300/year |
| DP Transaction Charge | 0.04% or Rs 25/debit transaction - whichever is higher | Rs 13 per debit instruction |
| Offline order placing Charge | NIL | Rs 20 per executed order |
Platforms
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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Charting
| Intraday | 5 Days | 365 days on Zerodha Pi |
| End of Day | 5 years | 10 years on Zerodha Pi |
| Coding/Backtesting |  |
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Reporting
| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Margins
Leverage Provided
| Equity | Upto 20x for Intraday, Upto 2x for Delivery | 20x intraday |
| Equity Futures | 5x for Intraday | Upto 7x intraday leverage |
| Equity Options | 5x for Intraday | Buying no leverage, Shorting upto 7x leverage intrdaday |
| Currency Futures | 4x for Intraday | 2x intraday leverage |
| Currency Options | 5x for Intraday | Buying no leverage, Shorting upto 2x intraday leverage |
| Commodity | Not Available | 2.5x intraday leverage |
Support & Tools
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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Convenience
| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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Financial Health
Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.
| Profit after Tax FY11/12 | Rs 54 Crores | Rs 2.4 Crores |
| Profit after Tax FY12/13 | Rs 66 Crores | Rs 5.8 Crores |
| Profit after Tax FY13/14 | Rs 78.5 Crores | Rs 10.27 Crores |
| Profit after Tax FY 14/15 | Rs 120.56 Crores | Rs 10.58 Crores |
| Profit after Tax FY 15/16 | Rs 106.18 Crores | Rs 10.99 Crores |
| Profit after Tax FY 16/17 | Rs 153.16 Crores | Rs 11.02 Crores |
| Profit after Tax FY 17/18 | Rs 83.15 Crores | Rs 11.36 Crores |
| Profit after Tax FY 18/19 | Rs 92.13 Crores | Rs 11.75 Crores |
| Profit after Tax FY 19/20 | Rs 100.04 Crores | Rs 11.98 Crores |
| Profit after Tax FY 20/21 | Rs 106.68 Crores | Rs 12.13 Crores |
| Profit after Tax FY 21/22 | Rs 124.16 Crores | Rs 12.38 Crores |
| Profit after Tax FY 22/23 | Rs 117.28 Crores | Rs 12.87 Crores |
| Debt FY11/12 | Rs 148.04 Crores | 0 |
| Debt FY12/13 | Rs 152.77 Crores | 0 |
| Debt FY13/14 | Rs 138.41 Crores | 0 |
| Debt FY14/15 | Rs 159.90 Crores | Rs 4.45 Crores |
| Debt FY15/16 | Rs 200.45 Crores | Rs 4.88 Crores |
| Debt FY16/17 | Rs 212.47 Crores | Rs 5.22 Crores |
| Debt FY17/18 | Rs 214.55 Crores | Rs 5.68 Crores |
| Debt FY18/19 | Rs 210.35 Crores | Rs 6.25 Crores |
| Debt FY19/20 | Rs 197.85 Crores | Rs 5.87 Crores |
| Debt FY20/21 | Rs 128.15 Crores | Rs 6.11 Crores |
| Debt FY21/22 | Rs 187.34 Crores | Rs 6.47 Crores |
| Debt FY22/23 | Rs 176.41 Crores | Rs 6.98 Crores |
| Profit to Equity(%) FY11/12 | 21.12% | 19% |
| Profit to Equity(%) FY12/13 | 45.52% | 24% |
| Profit to Equity(%) FY13/14 | 29.91% | 21% |
| Profit to Equity(%) FY14/15 | 28.33% | 21% |
| Profit to Equity(%) FY15/16 | 47.61% | 23% |
| Profit to Equity(%) FY16/17 | 43.64% | 26% |
| Profit to Equity(%) FY17/18 | 34.30% | 28% |
| Profit to Equity(%) FY18/19 | 48.98% | 29% |
| Profit to Equity(%) FY19/20 | 45.37% | 33% |
| Profit to Equity(%) FY20/21 | 48.29% | 36% |
| Profit to Equity(%) FY21/22 | 53.71% | 38% |
| Profit to Equity(%) FY22/23 | 34.94% | 39% |
| Balance Sheet Size FY11/12 | Rs 1025.02 Crores | Rs 25.4 Crores |
| Balance Sheet Size FY12/13 | Rs 1342.34 Crores | Rs 64.5 Crores |
| Balance Sheet Size FY13/14 | Rs 1427.69 Crores | Rs 111.1 Crores |
| Balance Sheet Size FY14/15 | Rs 1434.50 Crores | Rs 112.18 Crores |
| Balance Sheet Size FY15/16 | Rs 1527.89 Crores | Rs 112.98 Crores |
| Balance Sheet Size FY16/17 | Rs 1744.09 Crores | Rs 113.44 Crores |
| Balance Sheet Size FY17/18 | Rs 1842.42 Crores | Rs 114.87 Crores |
| Balance Sheet Size FY18/19 | Rs 1941.82 Crores | Rs 116.55 Crores |
| Balance Sheet Size FY19/20 | Rs 2134.50 Crores | Rs 119.22 Crores |
| Balance Sheet Size FY20/21 | Rs 2244.08 Crores | Rs 120.63 Crores |
| Balance Sheet Size FY21/22 | Rs 2448.13 Crores | Rs 121.16 Crores |
| Balance Sheet Size FY22/23 | Rs 2654.67 Crores | Rs 122.10 Crores |
Comparison Link:
Frequently Asked Questions
Is HDFC Securities better than Zerodha ?
HDFC Securities and Zerodha are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.
Is Zerodha better than HDFC Securities ?
HDFC Securities and Zerodha are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.
Is HDFC Securities cheaper than Zerodha ?
HDFC Securities and Zerodha are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.
Is Zerodha cheaper than HDFC Securities ?
HDFC Securities and Zerodha are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.
Which is better HDFC Securities vs. Zerodha ?
To find out the better of the two stockbrokers HDFC Securities and Zerodha, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.