Angel One vs HDFC Securities Reviews 2024 | Which Is Better
Angel One vs HDFC Securities
Discount Broker Angel One was founded in 1987. It provides trading on the The National Commodity and Derivatives Exchange (NCDEX) ,Multi Commodity Exchange (MCX), NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 900 of its 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
Angel One
Angel One Review: A full-service retail broker with online discount brokerage services,
is one of the biggest in India and was founded in 1987. In addition to stock and commodities
broking, margin finance, loans secured by shares, and distribution of financial goods, the
company provides a comprehensive variety of trading and investing services. With more
than 19,000 authorised individuals, 110 branches, and 10,000 trade terminals spread across
more than 1700 cities, Angel One has a significant local presence.
HDFC Securities
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.
| Angel One | HDFC Securities | |
| Establishment Year | 1987 | 2000 |
| Founder | DineshThkkar | Dhiraj Relli |
| Exchange of Membership | MCX, NCDEX and BSE ,NSE. | BSE & NSE. |
| Broker Type | Full Service | Full Service |
| Branches | 900 | 270 |
Angel One vs HDFC Securities Charges
Angel One vs HDFC Securities Offers
| Offers | Angel One | HDFC Securities |
| Free AMC | 1st Year Free Rs.240 From 2nd Year Onwards | |
| Free Brokerage | ||
| Free Account Opening Charge | ||
| Flat Brokerage Charges | , Limited | |
| Flexible Brokerage Charges | ||
| Free Intraday Charges | [ | |
| Delivery Charges | ||
| Margin Funding and Pledging | ||
| Refferal Offers | Upto Rs.1000 Per Client | Rs. 200 Per Client |
| Zero brokerage for Loss Making Trade | ||
| Brokerage Cashback | ||
| Free Trading Calls | ||
| Free Research Report | ||
Angel One vs HDFC Securities Product Provided
Angel One vs HDFC Securities Advisory Services Provided
Features Of Angel One vs HDFC Securities
Angel One vs HDFC Securities Demat And AMC Charges
Angel One, renowned for its affordable brokerage fees and intuitive interfaces, provides competitive trading and DEMAT account services. The DEMAT account has an annual maintenance fee of ₹240, however account opening is free. 20% of the completed order, or ₹20, is the brokerage, whichever is less. Although some
customers praise its research and advice services, there are occasionally technical problems with the trading software. . 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.
| Charges | Angel One | HDFC Securities |
| Demat Account Opening Charges | Rs.0 (Free) | Rs 199 |
| Demat Account AMC Charges | Rs 240 on 2nd year onwords | Rs. 750 |
| Trading Account Opening Charges | Rs. 0 (Free) | Rs. 900 |
| Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Angel One vs HDFC Securities Brokerage Charges
Angel One charges no brokerage fees for stock On Delivery 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.Belw the table shows brokerage charges of both the platforms.
Angel One vs HDFC Securities Leverage (Margin)
Angel offers up to 20% of the trade value (5x leverage) for intraday cash transactions, whereas One margin for intraday trading allows 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.
Angel One vs HDFC Securities Pros And Cons
Pros:
| Angel One | HDFC Securities |
| 1)The brokerage fee is Rs 20 per trade inintraday and F&O. 2)Equity delivery trades with brokerage fees. 3)Free trading advice and research reports. 4) Securities are provided for collateral andthere is a margin trading facility. 5)Don’t impose fees on NEFT or moneytransfers. (Some charge about Rs. 10 each 6)RM/local subbroker services availableeven at bargain brokerages. 7)Ability to contact RM in case of problems(Other well-known brokers). 8) Charges just Rs 20 for intraday square-offand call and trade (others charge Rs 50). Others do not provide free stock and mutualfund advice or ideas . | 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:
| Angel One | HDFC Securities |
| 1)The trading of SME shares is not provided viaangel broking. 2)The sales staff and Angel RM attempt tocross-sell additional goods and services. 3)There is no GTC/GTT order facility available.not available as a 3-in-1 account. | 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 Angel One vs HDFC Securities
Data from 2024 reveals that Angel One had more customer complaints than HDFC Securities when
comparing the two companies. In particular, Angel One received 554 complaints and resolved 457 whereas HDFC Securities received 130 complaints and resolved 105. This shows that HDFC Securities performs better in terms of customer service than Kotak Securities . as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.
Angel One 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.
Review Comparison Of Angel One vs HDFC Securities By Customer
Angel One is rated 8 of 10 , whereas HDFC Securities is rated 6.5 of 10
| Rating | Angel One | HDFC Securities |
| Brokerage | 8/10 | 6/10 |
| Customers Service | 7.5/10 | 7/10 |
| Fees | 8.5/10 | 6.5/10 |
| Trading Platform | 7.5/10 | 7/10 |
| Research | 7.5/10 | 6.510 |
| Broker Rating | 7.5/10 | 7/10 |
| Overall Rating | 8.5/10 | 7/10 |
Conclusion: Angel One is well-known for providing both novice and seasoned traders with a wealth of research tools, individualised advising services, and a robust offline presence. Conversely.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
Angel One: (1800 1020)
HDFC Securities : +91 2239019400
Client can contact this number for clearing your doubt.
Kotak Securities Support Email: service.securities@kotak.com
Support Email HDFC Securities : infodp@hdfcbank.com
Client can contact on this email for clearing your doubt.
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