5Paisa vs HDFC Securities Reviews 2024 | Which Is Better

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5Paisa vs HDFC Securities

Groww , founded in 2016, is a discount broker. It supports trading on the NSE and BSE. It has 0 branches in India. Full Service Broker HDFC Securities was founded in 2000. It provides trading on the The, Multi Commodity Exchange, NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 270 of its branches in India

5Paisa

5paisa vs HDFC Securities

One of the top online stockbrokers in India is 5paisa.com, which provides consumers investors with affordable brokerage services. The founders of IIFL are the advocates of 5paisa Capital Ltd, a professionally managed and publicly traded firm. It has more than 1.2 million clients as of March 2021. At BSE, NSE, and MCX, 5paisa onlinetrading is offered for currency, commodities, and stocks. Three subscription packages are available from 5Paisa: the Ultra Trader Pack, Power Investor Pack, and Regular Account Pack. These programmes provide you a number of advantages, such as flat fees that drop from Rs. 20 to Rs. 10 and zero account opening fees.

HDFC Securities

Kotak Securities vs HDFC Seurities

HDFC Securities, one of India’s top full-service stock brokers, was founded in 2000. One of HDFC Bank’s subsidiaries is HDFC Securities. The firm facilitates trading and investing in stocks, bonds, futures, options, buybacks, mutual funds, initial public offerings (IPOs), commodities, currency derivatives, stock portfolios, and more for its clientele. A registered broker with SEBI, HDFC Securities is also affiliated with the BSE,
NSE, MCX, CDSL, and NSDL.

HDFC Securities serves more than 1,800,000 + clients in a variety of industries and offers
more than 30 Also its provides service through Over 270 branches of the organisation which
are located throughout India. The lowest broking fees are charged by HDFC Securities,
which costs Rs 20 per transaction for trading in derivatives and 0.10% per deal for equity
delivery. A 3-in-1 account that combines a savings bank, trading, and a Demat account is
provided by HDFC Securities.

5PaisaHDFC Securities
Establishment Year19962000
FounderNirmal JainDhiraj Relli
Exchange of
Membership
NSE and BSE BSE & NSE.
Broker TypeDiscount BrokerFull Service Broker
Branches1270

5Paisa vs HDFC Securities Charges

Charges5PaisaHDFC Securities
Trade and Call ChargeRs 100 Per Call (any
Number of Trades in a Call
Additional Rs 20 per
executed order
Minimum Brokerage
Charges
Rs 20 per tradeRs. 25 Per Order on
Equity Segment

5Paisa vs HDFC Securities Offers

Offers5PaisaHDFC Securities
Free AMC
Free Brokerage
Free Account Opening
Charge
Flat Brokerage
Charges
Flexible Brokerage
Charges
Free Delivery Charges
Margin Funding and
Pledging
Refferal Offers12.5% +
Rs.100
Referral
Credit per
Client
Rs. 200 Per
Client
Zero brokerage for
Loss Making Trade
icon name=”times” prefix=”fas”],
Brokerage Cashback
Free Trading Calls
Free Research Report

5Paisa vs HDFC Securities Product Provided

TypeGrowwHDFC Securities
Equity Delivery
Equity Intraday
Equity Option
Equity Future
Currency Option
Currency Future
Commodity Options
Commodity Future
Mutual Funds
Foreign stocks
Banking
Insurance
Digital Gold
Govt. Bonds
Corporate Bonds

5Paisa vs HDFC Securities Advisory Services Provided

Type5PaisaHDFC Securities
IPO Service
Weekly and Monthly
Review
Daily Stock Picks and Stock Tips
PMS or PCG
Trading Institution
(Fine School)
Demat and Trading
Service
Intraday Service
Share Pledging
NRI Service
3 In 1 Account
Company and Annual Report
Stock Recommendation
and Research report

Features Of 5Paisa vs HDFC Securities

Features5PaisaHDFC Securities
Chart
Automated Trading
3 in 1 Account
Sms Alerts
Margin Against Shares (Equity Cash)
Margin Against Shares
(Equity F&O)
Online Portfolio5paisa Trade
Station
(Web,
Mobile App
and EXE)
Online Demo
Intraday Square-Off TimeOptimum
Plan: 3:10
PM,
Platinum
Plan: 3:20
PM
3:50 PM
Global Indices
Real Time Update
Stock Tips
Multi Profile Management
Interactive Charts
Customised Recommendation
Online MF Buy

5Paisa vs HDFC Securities Demat And AMC Charges

5paisa trading account the costs is Rs 0 (free), however registering a Dhan account costs Rs0. The AMC charges for 5paisa Demat Account are Rs 300, while Dhan Account AMC charges are Rs0 (free). Below the table shows Demat and Trading Account Charges.. The opening Charge for an HDFC Securities account requires Rs 999. The AMC charges Rs 750 for HDFC Securities Demat Accounts. Below the table shows Demat account charges of both the platform.

Charges5PaisaHDFC Securities
Demat Account Opening ChargesRs.0 (Free)Rs 199
Demat Account AMC ChargesRs 300Rs. 750
Trading Account Opening ChargesRs. 0 (Free)Rs. 900
Trading Account AMC ChargesRs. 0 (Free)Rs. 0 (Free)

5Paisa vs HDFC Securities Brokerage Charges

5paisa provides flat brokerage fees, competitive pricing for stocks and derivatives, and free brokerage on mutual funds, whereas HDFC Securities charges 0.32% for equity broking and 0.032% for intraday trading. Special Offer: Invest in Equity Delivery and Direct Mutual Funds without paying any broking fees. Intra-day and F&O trades are charged a flat rate of Rs 20.Below the table shows brokerage charges of both the platforms.

Brokerage Plan 1 .

Brokerage Charges5PaisaHDFC Securities
Brokerage PlanStandard PlanStarter Pack – Lite 199
Equity DeliveryRs.20 per Trade0.32% of
Transaction
Value
Equity IntradayRs.20 per Trade0.032% of
Transaction
Value
Equity OptionRs.20 per TradeRs. 20 per Trade
Equity FutureRs.20 per TradeRs.20 per Trade
Currency OptionRs.20 per TradeRs.25 per Lot
Currency FutureRs.20 per Trade0.025% of
Transaction
Value
Commodity OptionRs.20 per TradeRs.20 per Lot
Commodity FutureRs.20 per Trade0.025% of
Transaction
Value

Brokerage Plan 2.

Brokerage plan5 Paisa
Power invester pack
Groww
1) Equity DeliveryRs 10 per plan orderRs.20 per Trade or 2.5%,
whichever is low
2) Equity IntradayRs 10 per executed orderRs.20 per Trade or 0.05%(whichever is low)
3) Equity OptionRs 10 per executed
order
Rs 20 per executed
plan/order
4) Equity FutureRs 10 per executed
order
Rs 20 per executed plan/
order or .03% whichever is
lesser
5) Currency optionRs 10 per executed
order
Rs 20 per executed
plan/order
6) Currency FutureRs 10 per executed
order
Rs 20 per executed
plan/order or .03%
whichever is lesserr
7) Commodity optionsRs 10 per executed
order
Rs 20 per executed
plan/order
8) Commodity FutureRs 10 per executed
order
Rs 20 per executed plan/
order or .05% whichever is
lesser
9) Fixed chargeRs 599 per monthNA ( not available )


5Paisa vs HDFC Securities Leverage (Margin)

The 5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) depending on the stock,, whereas HDFC Securities’ margin for intraday cash is likewise up to 20% of the trade value (5x leverage). Below the table shows leverage margin of both platform.

Leverage5PaisaHDFC Securities
Equity DeliveryUp to 20% of Trade
Value (5x leverage)
100% of trade
value (1x leverage)
Equity Intraday100% of Trade Value (1x Leverage)Up to 20% of trade
value (5x leverage)
F&O (Currency, Equity,
Commodity)
100% of NRML Margin
(Span + Exposure) (1x
Leverage)
100% of NRML margin (Span + Exposure) (1x leverage)

5Paisa vs HDFC Securities Pros And Cons

Pros:

5PaisaHDFC Securities
1)Trading terminals and the 5paisa smartphone app are examples of free trading software.

2)Direct mutual funds withoutbrokerage fees.

3) Brokerage with a flat fee. Only pay Rs. 20 for each completedorder. Concerns regarding thetrade’s size are over
1)It offers the simplest method formaking stock market and otherfinancial instrument investments.

2) The greatest option available toIndian retail investors is the 3-in-1account, which consists of an HDFCBank Account, an HDFC SecuritiesTrading Account, and an HDFCSecurities Demat Account.

Cons:

5PaisaHDFC Securities
1)In addition to the commission,Call & Trade costs Rs 100 eachcall. In a single call, any number of deals may be made.

2)Research and advisory isavailable at extra cost.

3)Exchange turnover fees arehigher than those of otherwell-known bargain stock brokers.

4)NRI Trading and Demat Accountis not available.
1)Together with opening a tradingaccount with HDFC Securities Ltd,you will also need to open a DP(depository participant) account withHDFC Bank and a savings bankaccount with a minimum quarterlyamount of Rs 5000.

2) It Charges minimum brokerage ofRs 25 also very high brokeragecharges.

Complaints Of 5Paisa vs HDFC Securities

5Paisa received 175 complaints and resolved 145. whereas HDFC Securities received 130 complaints and resolved 105. This shows that HDFC Securities performs better in terms of customer service than 5Paisa . as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.

Complaints5PaisaHDFC Securities
Total Complaints Lodged175130
Total Complaints Resolved145105
% Of Total Complaints Resolved80.40%80.50%
Non Actionable Complaints20%8
% Of Non Actionable Complaints16 %6.30%

5Paisa vs HDFC Securities Transactions Charges

Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.

Transaction Charges5PaisaHDFC Securities
Equity DeliveryNSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)0.00350%
(NSE) &
0.00375%
(BSE)
Equity IntradayNSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)0.00350%
(NSE) &
0.00375%
(BSE)
Equity OptionNSE Rs 5300 per Cr (0.053%) (on premium)0.053% (on
premium)
Equity FutureNSE Rs 200 per Cr (0.002%) | BSE Rs 00.0019% (NSE
& BSE).
Currency OptionNSE Rs 3500 per Cr (0.035%) (on premium)0.035% (NSE)
& 0.001% (BSE)
Currency FutureNSE Rs 90 per Cr (0.0009%)0.0009% (NSE)
& 0.00022%
(BSE)
Commodity OptionNA0.05% (Non Agri)
Commodity FutureGrp A: 0.0026%0.0021%
(Non-Agri) /
0.006% (Agri) /
0.0005% (Special)

Review Comparison Of 5Paisa vs HDFC Securities By Customer

5Paisa is rated 6 of 10 , whereas HDFC Securities is rated 7 of 10

Rating5PaisaHDFC Securities
Brokerage9/108/10
Customers Service5/107/10
Fees6/106.5/10
Trading Platform7/107/10
Research5.5/105.510
Broker Rating6/106/10
Overall Rating6107/10

Conclusion: For traders and investors, 5paisa 5Paisa is a cost-effective option that appeals to convenience
seekers and novice investors5paisa is more appropriate for seasoned traders who need extensive tools..HDFC Securities are India’s major broking houses, providing comprehensive trading and investment services. HDFC Securities provides affordable broking rates, a dynamic trading platform, and robust research help. HDFC Securities is a better option for cost-conscious traders looking for efficient services. Finally, the decision is based on personal objectives such as cost, service quality, and platform usability.

Customer Care Number/Email

5 PAISA:- +918976689766

HDFC Securities : +91 2239019400

Client can contact this number for clearing your doubt.

5Paisa :- support@5paisa.com

Support Email HDFC Securities : infodp@hdfcbank.com

Client can contact on this email for clearing your doubt.

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