HDFC Securites vs SBI Securities Reviews 2025 | Which One Is Better

SBI Securities vs HDFC Securities

SBI Securities , founded in 2006, is a Full Service broker. It supports trading on the NSE & BSE. It has 132 branch across India.HDFC Securities , founded in 2000, is a Full Service broker. It supports trading on the NSE & BSE. It has 1270 branch across India.

SBI Securities

One of the biggest retail stock brokers in India is ICICIdirect. It is a member of the Group ICICI. More than 50 lakh consumers can take advantage of its online trading and investing services. Equity, commodity, and currency trading at the BSE, NSE, and MCX are among the services provided. The company also provides wealth products, home loans, loans against securities, fixed deposits, bonds, NCDs, mutual funds, and initial public offerings (IPOs). The most well-liked offering from ICICI Direct is its 3-in-1 account. In addition to many other features and products, ICICIdirect offers One Click Equity, Margin Trading Funding (MTF), Smart Trading features, Systematic Equity Plan, and easy equity
investment.

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.

ICICI direct, founded in 1994, is a full-service broker. It offers trading on the BSE and NSE ,
It offers trading on the BSE and NSE. It operates 154 branches across India. HDFC
Securities, founded in 2000, is a full-service broker. It offers trading on the BSE and NSE. It
operates 270 branches across India.

	SBI Securities	HDFC Securities
Establishment Year	2006	2000
Founder	Arun Mehta	Dhiraj Relli
Exchange of Membership	BSE, NSE	BSE, NSE
Broker Type	Full Service Broker	Full Service Broker
Branches	132	270
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities VS HDFC Securities Charges

Charges	SBI Securities	HDFC Securities
Trade and Call Charge	Rs 10 per call (after 30 free calls a month	Rs 0
Minimum Brokerage Charges	Rs 0.05 for Cash, Rs 0.01 Future	Rs. 25 Per Order on Equity Segment
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities VS HDFC Securities Offers

Offers	SBI Securities	HDFC Securities
Free AMC
Free Brokerage
Free Account Opening Charge
Flat Brokerage Charges
Flexible Brokerage Charges
Free Intraday
Free Delivery Charges
Margin Funding and Pledging
Free F&O Trading
Refferal Offers	Upto Rs.700 per Client	Rs. 200 Per Client
Zero brokerage for Loss Making Trade	, Limited
Brokerage Cashback
Free Trading Calls
Free Research Report
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities VS HDFC Securties Product Provided

Type	SBI Securities	HDFC Securites
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./ Corporate Bonds
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities VS HDFC Securities Advisory Service Provided

Type	SBI Securities	HDFC Securities
IPO Service
Weekly and Monthly Review
Daily Stock Picks and Stock Tips
PMS or PCG
Trading Institution	Investor Sarathi
Demat and Trading Service
Intraday Service
Share Pledging
NRI Service
3 In 1 Account
Company and Annual Report
Stock Recommendation and Research report
Robo Advisory
	Open ICICI Securities Account	Open HDFC Securities Account

Features Of SBI Securities VS HDFC Securities

Features	SBI Securities	HDFC Securities
Chart
Automated Trading
3 in 1 Account
Sms Alerts
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Online Portfolio
Online Demo
Intraday Square-Off Time	2:45 PM	3:50 PM
Global Indices
Real Time Update
Stock Tips
Multi Profile Management
Interactive Charts
Customised Recommendation
Online MF Buy
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities VS HDFC Securities Demat & AMC Charges

The opening Charges Of an SBI Securities trading account is Rs 850 And HDFC Securities account requires Rs 999. The AMC charges for SBI Securities Demat Accounts are Rs 750 (beginning with the second year) and Rs 750 for HDFC Securities Demat Accounts. Below the table shows Demat account charges of both the platform.

Charges	SBI Securities	HDFC Securities
Demat Account Opening Charges	Rs 850	Rs. 199
Demat Account AMC Charges	750 (Free for 1st Year)	Rs. 750
Trading Account Opening Charges	Rs. 0 (Free)	Rs. 900
Trading Account AMC Charges	Rs 850	Rs. 0 (Free)
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities vs HDFC Securities Brokerage Charges

SBI Securities offers equity delivery trades at 0.50%, intraday at 0.05%, futures at 0.05%, and options priced at ₹100 per lot , 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 Charges	SBI Securities	HDFC Securities
Brokerage Plan	Standard Plan	Starter Pack – Lite 199
Equity Delivery	0.50% of Transaction Value	0.32% of Transaction Value
Equity Intraday	0.075% of Transaction Value	0.032% of Transaction Value
Equity Option	Rs.50 to Rs.100 per lot	Rs. 20 per Trade
Equity Future	0.05% of Transaction Value	Rs.20 per Trade
Currency Option	Rs.20 to Rs.30 per lot	Rs.25 per Lot
Currency Future	0.05% of Transaction Value	0.025% of Transaction Value
Commodity Option	Rs.50 to Rs.100 per lot	Rs.20 per Lot
Commodity Future	0.05% of Transaction Value	0.025% of Transaction Value
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities vs HDFC Securities Leverage (Margin)

SBI Securities margin for intraday cash is likewise up to 20% of the trade value (5x leverage). 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.

Leverage	SBI Securities	HDFC Securities
Equity Delivery	100% of trade value of (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value of (5x 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)
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securities vs HDFC Securities Pros & Cons

Pros:

SBI Securities	HDFC Securities
1)It Offer a 3-in-1 account foreasy transactions. 2) A wide variety of investingopportunities. Free researchreports are accessible. 3) Full-service broker thatprovides services both onlineand through branches.	1)It offers the simplest method for making stock market and other financial instrument investments. 2) The greatest option available to Indian retail investors is the 3-in-1 account, which consists of an HDFC Bank Account, an HDFC Securities Trading Account, and an HDFC Securities Demat Account.

Cons:

SBI Securites	HDFC Securities
1)Full-service broker thatprovides services both onlineand through branches. 2) Offer a 3-in-1 account foreasy transactions. 3) A wide variety of investingopportunities. Free researchreports are available.	1)Together with opening a trading account with HDFC Securities Ltd, you will also need to open a DP (depository participant) account with HDFC Bank and a savings bank account with a minimum quarterly amount of Rs 5000. 2) It Charges minimum brokerage of Rs 25 also very high brokerage charges.

Complaints Of SBI Securities vs HDFC Securities

HDFC Securities received 130 complaints and resolved 105. whereas SBI Securities received 180 complaints and resolved 161. . This shows that HDFC Securites performs better in terms of customer service than SBI Securities . as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.

Complaints	SBI Securities	HDFC Securities
Total Complaints Lodged	180	130
Total Complaints Resolved	161	105
% Of Total Complaints Resolved	80.50 %	80.50%
Non Actionable Complaints	12	8
% Of Non Actionable Complaints	6.03 %	6.30%
	Open ICICI Securities Account	Open HDFC Securities Account

SBI Securitis vs HDFC Securities Transaction 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 Charges	SBI Securities	HDFC Securities
Equity Delivery	0.00335% (NSE) &0.00375% (BSE)	0.00350% (NSE) & 0.00375% (BSE)
Equity Intraday	0.00335% (NSE) & 0.00375% (BSE)	0.00350% (NSE) & 0.00375% (BSE)
Equity Option	0.053% (on premium)	0.053% (on premium)
Equity Future	0.002% (NSE & BSE)	0.0019% (NSE & BSE).
Currency Option	0.037% (NSE) & 0.001% (BSE)	0.035% (NSE) & 0.001% (BSE)
Currency Future	0.0009% (NSE) & 0.00022% (BSE)	0.0009% (NSE) & 0.00022% (BSE)
Commodity Option	0.05% (Non Agri)	0.05% (Non Agri)
Commodity Future	NA	0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
	Open ICICI Securities Account	Open HDFC Securities Account

Review Comparison Of SBI Securities vs HDFC Securities

Dhan is rated 9 of 10 , whereas SBI Securities is rated 7 of 10

Rating	SBI Securities	HDFC Securities
Brokerage	9/10	6/10
Customers Service	7.5/10	7/10
Fees	6.5/10	7/10
Trading Platform	7.5/10	7.5/10
Research	910	610
Broker Rating	8.5/10	7/10
Overall Rating	9/10	7/10
	Open Dhan Account	Open SBI Securities Account

Conclusion: 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. SBI Securities, supported by the State Bank of India, offers dependable services at cheap broking fees and high customer confidence. Choosing between them is based on the importance of sophisticated features versus cost-efficiency and trust. 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

SBI Securities:- 022-42273373

HDFC Securities : +91 2239019400

Client can contact this number for clearing your doubt.

SBI Securities Support Email :- helpdesk@sbicapsec.co

Support Email HDFC Securities : infodp@hdfcbank.com

Client can contact this email for clearing your doubt.