angel broking

5Paisa Vs HDFC Securities Comparison – Which is Better?

angel broking

5Paisa Vs HDFC Securities

These companies are serving the traders from a long time. This clear comparison of 5Paisa vs HDFC will lead you to the better choice.

5Paisa established in 2016, is a discount broker based on Mumbai, Maharashtra. It is a part of IIFL (India Infoline Finance Ltd). They charge low brokerage charges as low as INR.20/-. It has the title of 2nd largest discount broker of India since 2016.

Conversely, HDFC Securities is also a full-service broker, based at Mumbai. Currently, it has a huge network of more than 260 branches throughout 185 cities of India.

5 Highlighting points:

5Paisa:

  1. It offers marginal funding based on @18% p.a. interest. 
  2. Provides investment through IPOs, NCDs, and Bonds. 
  3. The high-class high-tech platform facilitates trading using desktop, laptop & mobile. 
  4. Flat fee-based brokerage charge. 
  5. Absence of brokerage plan. 

HDFC Securities:

  1. 3-in -1 account available.
  2. Investors can invest in IPO, MF, GOI Bonds, Insurance, KVP, NSC & all from one single website only.
  3. The brokerage fee is very high & non-negotiable
  4. It doesn’t have a commodity trading facility.
  5. Trade using NSE & BSE available.
5Paisa Vs HDFC Securities

Comparison on Services Offered: 

We here have compared 5Paisa & HDFC Securities based on the ratings of their segment wise services. The reviews we have collected from public sites. Here we can see that in terms of brokerage & customer assistance 5Paisa is the leader.

Related Post:   5Paisa Vs Nirmal Bang - Comparative Assessment
 Particulars5paisaHDFC Securities
Overall Rating✰✰✰✰✰✰✰✰
Rating on Brokerage Charges✰✰✰✰✰✰✰
Rating on Trading Platform✰✰✰✰✰✰✰✰
Rating on Investments Offering✰✰✰✰✰✰✰✰
Rating on Customer Service✰✰✰✰✰✰✰
Broker Type Discount BrokerFull-Service Broker
Exchanges Supported BSE, NSEBSE, NSE

Comparison on AMC & AOC: 

In light of AMC & AOC expenditure, we here have compared 5Paisa & HDFC Securities as below. Here we can see that both the broker offers trading AMC & DEMAT account opening for free. 

Particulars 5paisaHDFC Securities
Trading Account Opening Charges650 Rupees (Free Now Promotion Offer)999 Rupees
Trading AMC ChargesFree of costFree of cost
DEMAT Account Opening ChargesFree of costFree of cost
DEMAT AMC Charges45 Rupees PM if Trade, else Zero750 Rupees PA (Waived for 1st year)
Provide DP Service

5Paisa Vs HDFC Securities on Brokerage Plan:

Both 5Paisa & HDFC Securities don’t have any brokerage plan to offer. Here in the below table, we have compared both the brokers. 

Plan Types5paisa BrokerageHDFC Securities Brokerage
Multiple Plans
Monthly Plans
Yearly Plans

Compare on Brokerage Fee: 

In terms of the brokerage fee, we here have compared 5Paisa & HDFC Securities as below. 5Paisa offers a flat fee-based brokerage fee whereas, HDFC Securities offers a percentage based brokerage fee. 5Paisa doesn’t have any minimum brokerage fee but HDFC Securities has a minimum brokerage charge of INR.25/-. 

Particulars 5paisaHDFC Securities
Plan NameFlat Fee 20 Rupees Trading PlanOnline Trading Plan (Percentage Based)
Equity DeliveryFlat Fee 20 Rupees0.5% or 50 paisa
Equity IntradayFlat Fee 20 Rupees0.05% or 5 paisa
Equity FuturesFlat Fee 20 Rupees0.05% or 5 paisa
Equity OptionsFlat Fee 20 Rupees0.1% of Premium or 100 Rupees per lot whichever is high
Currency FuturesFlat Fee 20 Rupees23 Rupees per lot
Currency OptionsFlat Fee 20 Rupees20 Rupees per lot
Commodity TradingFlat Fee 20 RupeesNA
Minimum BrokerageNA25 Rupees
Hidden ChargesNoYes
FundingYes – 18% interest PAYes – 18% interest PA
Call & Trade Charges100 Rupees per call(No limit of orders)Free of cost

Comparison on Transaction Fee: 

Comparing 5Paisa & HDFC Securities based on transaction fees we get this below information. Here we can see that both the broker offers the same set of fee structures to their customers. 

Related Post:   Zerodha Vs Alice Blue Online - Which One Is Better? Side-By-Side Comparison
Particulars5paisaHDFC Securities
Equity Delivery Charges325 Rupees/Cr Rupee325 Rupees/ Cr Rupee
Equity Intraday Charges325 Rupees/ Cr Rupee325 Rupees/ Cr Rupee
Equity Futures Charges190 Rupees/ Cr Rupee190 Rupees/ Cr Rupee
Equity Options Charges5000 Rupees/ Cr Rupee5000 Rupees/ Cr Rupee
Currency Futures Charges110 Rupees/ Cr Rupee110 Rupees/ Cr Rupee
Currency Options Charges4000 Rupees/ Cr Rupee4000 Rupees/ Cr Rupee
Commodity ChargesNANA

5Paisa Vs HDFC Securities on Account Feature: 

Based on accounts feature offering we can compare 5Paisa & HDFC Securities as below. It so many services and facilities.

Particulars 5paisaHDFC Securities
3 in 1 Account facility
Charting facility
Algo Trading facility
SMS Alerts facility
Online Demo service
Online Portfolio facility
Margin Trading Funding Available
Combined Ledger for Equity and Commodity service
Intraday Square-off Time facility3:15 PM3:15 PM
NRI Trading facility
Other FeaturesNILNIL

Comparison on Trading Terminal:

Here we have compared 5Paisa & HDFC Securities based on their trading terminal offering. We can see that both the brokers are well equipped with modern technology in this segment. 

Particulars5paisaHDFC Securities
Desktop Trading Platform5paisaTradeStationBlink
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detailhttps://www.5paisa.com/online-tradinghttps://trade.hdfcsec.com/
Mobile Site
Mobile Trading
Mobile Trading App5paisa Mobile AppHDFC securities Mobile
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesFreeYes, Blink – INR. 3999 PA,
Pro Terminal – INR. 1999 PA

Comparison on Wealth Product Offering:

In terms of product offering we can compare 5Paisa & HDFC Securities as below. It includes so many facilities and services

Related Post:   5Paisa Vs Profit Mart - Comparative Study On Products Offering
Particulars5paisaHDFC Securities
Equity Cash and F&O facility
Currency Derivatives
Commodity facility
Online IPO Application facility
Mutual Funds facility
Bond / NCD Service
ETF facility
Banking facility
Insurance Service
Forex facility
MF SIP Investment Service
Equity SIP Investment facility
PMS Service
Other Investment OptionsNILInsurance

5Paisa Vs HDFC Securities on Margin: 

Comparing the leverage we here have assessed 5Paisa & HDFC Securities as below. It includes futures margin, options margin, etc.

Particulars5paisa MarginHDFC Securities Margin
Equity Delivery Margin Maximum 3.5x via Margin Funding system.Maximum 4x via Margin Funding method.
Equity Intraday Margin Maximum 10x or 10% subject to Variable and ELM.Maximum 10x or 10% subject to Variable and ELM.
Futures Margin 1x or the particular SPAN + Margin.1x or the particular SPAN + Margin.
Options Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.
Equity CO Margin Maximum 10x or 10% subject to Variable and ELM, no further margin charges are included for Cover Order.Maximum 10x or 10% subject to Variable and ELM, no further margin charges are included for Cover Order.
Futures CO Margin 1x or the particular SPAN + Exposure margin, no further margin charges are included for Futures Cover Order.1x or the particular SPAN + Exposure margin, no further margin charges are included for Futures Cover Order.
Options CO Margin 1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), no further margin charges are included for Options Cover Order.1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), no further margin charges are included for Options Cover Order.
Commodity Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.

Comparison on Customer Support: 

In terms of customer assistance, we here have compared 5Paisa & HDFC Securities as below. As customer assistance is an important aspect to consider, investors are advised to read this table attentively. 

Particulars5paisaHDFC Securities
24/7 Customer Service 
Email Support 
Online Live Chat 
Phone Support 
Toll-Free Number 
Through Branches 
Customer Care Number “+91 89766 89766”91-22-3355336
Account Opening Process Online/PaperlessOffline
Customer Support Email [email protected][email protected]
Knowledge Centre/Education https://www.5paisa.com/knowledge-centrehttps://www.hdfcsec.com/products/demolisting/
Head Office Address 5paisa headquarters
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane – 400604
LODHA-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website https://www.5paisa.com/https://www.hdfcsec.com/
open HDFC Securities demat account

Comparison on DEMAT Account Feature: 

Considering 5Paisa and HDFC Securities based on the DEMAT account feature we get the below details. 

 Particulars5paisaHDFC Securities
DP SourceCDSLCDSL
DP ID 8250012400
DEMAT Account Annual Maintenance Charges(AMC)Monthly Plan – INR.45 (In case of any transaction in a month)INR.750 pa
Advance DepositNILCustomer having only Depository relationship with the Bank has to pay an advance fee of INR.7,500/-
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)0.025% or INR.25 whichever is higher + CDSL charges0.04% (Min INR.20) + CDSL charges
DEMATINR.15 per certificateINR.5 per certificate + INR.35 request charges
REMAT  INR.15 for every hundred securities or INR.15 per certificate whichever is higherINR.30
Pledge CreationINR.50Nil
Pledge Creation ConfirmationNIL0.04% of the transaction value (Min INR.40)
Pledge ClosureNILNil
Pledge Closure ConfirmationNIL0.04% of the transaction value (Min INR.40)
Pledge InvocationNIL0.04% of the transaction value (Min INR.40)
Failed Instruction ChargesNilNil
Other ChargesNilNil
5paisa Account Opening

Conclusion: 

Finally, we can conclude that both 5 Paisa & HDFC Securities are a leading brand/organization in the stockbroking industry. But in spite of that, they have individual pros and cons. So, investors need to study the major and minor details of each broker before investing.

angel broking