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:
- It offers marginal funding based on @18% p.a. interest.
- Provides investment through IPOs, NCDs, and Bonds.
- The high-class high-tech platform facilitates trading using desktop, laptop & mobile.
- Flat fee-based brokerage charge.
- Absence of brokerage plan.
HDFC Securities:
- 3-in -1 account available.
- Investors can invest in IPO, MF, GOI Bonds, Insurance, KVP, NSC & all from one single website only.
- The brokerage fee is very high & non-negotiable
- It doesn’t have a commodity trading facility.
- Trade using NSE & BSE available.
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.
| Particulars | 5paisa | HDFC Securities |
| Overall Rating | ✰✰✰✰ | ✰✰✰✰ |
| Rating on Brokerage Charges | ✰✰✰✰ | ✰✰✰ |
| Rating on Trading Platform | ✰✰✰✰ | ✰✰✰✰ |
| Rating on Investments Offering | ✰✰✰✰ | ✰✰✰✰ |
| Rating on Customer Service | ✰✰✰✰ | ✰✰✰ |
| Broker Type | Discount Broker | Full-Service Broker |
| Exchanges Supported | BSE, NSE | BSE, 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 | 5paisa | HDFC Securities |
| Trading Account Opening Charges | 650 Rupees (Free Now Promotion Offer) | 999 Rupees |
| Trading AMC Charges | Free of cost | Free of cost |
| DEMAT Account Opening Charges | Free of cost | Free of cost |
| DEMAT AMC Charges | 45 Rupees PM if Trade, else Zero | 750 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 Types | 5paisa Brokerage | HDFC 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 | 5paisa | HDFC Securities |
| Plan Name | Flat Fee 20 Rupees Trading Plan | Online Trading Plan (Percentage Based) |
| Equity Delivery | Flat Fee 20 Rupees | 0.5% or 50 paisa |
| Equity Intraday | Flat Fee 20 Rupees | 0.05% or 5 paisa |
| Equity Futures | Flat Fee 20 Rupees | 0.05% or 5 paisa |
| Equity Options | Flat Fee 20 Rupees | 0.1% of Premium or 100 Rupees per lot whichever is high |
| Currency Futures | Flat Fee 20 Rupees | 23 Rupees per lot |
| Currency Options | Flat Fee 20 Rupees | 20 Rupees per lot |
| Commodity Trading | Flat Fee 20 Rupees | NA |
| Minimum Brokerage | NA | 25 Rupees |
| Hidden Charges | No | Yes |
| Funding | Yes – 18% interest PA | Yes – 18% interest PA |
| Call & Trade Charges | 100 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.
| Particulars | 5paisa | HDFC Securities |
| Equity Delivery Charges | 325 Rupees/Cr Rupee | 325 Rupees/ Cr Rupee |
| Equity Intraday Charges | 325 Rupees/ Cr Rupee | 325 Rupees/ Cr Rupee |
| Equity Futures Charges | 190 Rupees/ Cr Rupee | 190 Rupees/ Cr Rupee |
| Equity Options Charges | 5000 Rupees/ Cr Rupee | 5000 Rupees/ Cr Rupee |
| Currency Futures Charges | 110 Rupees/ Cr Rupee | 110 Rupees/ Cr Rupee |
| Currency Options Charges | 4000 Rupees/ Cr Rupee | 4000 Rupees/ Cr Rupee |
| Commodity Charges | NA | NA |
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 | 5paisa | HDFC 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 facility | 3:15 PM | 3:15 PM |
| NRI Trading facility | ☒ | ✔ |
| Other Features | NIL | NIL |
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.
| Particulars | 5paisa | HDFC Securities |
| Desktop Trading Platform | 5paisaTradeStation | Blink |
| Desktop Platform (Windows) | ✔ | ✔ |
| Desktop Platform (Mac) | ☒ | ☒ |
| Web Trading Platform | ✔ | ✔ |
| Web Trading Detail | https://www.5paisa.com/online-trading | https://trade.hdfcsec.com/ |
| Mobile Site | ✔ | ✔ |
| Mobile Trading | ✔ | ✔ |
| Mobile Trading App | 5paisa Mobile App | HDFC securities Mobile |
| Android Mobile App | ✔ | ✔ |
| iPhone Mobile App (IOS) | ✔ | ☒ |
| Android Tablet App | ✔ | ✔ |
| iPad App (IOS) | ✔ | ☒ |
| Trading Software Charges | Free | Yes, 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
| Particulars | 5paisa | HDFC 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 Options | NIL | Insurance |
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.
| Particulars | 5paisa Margin | HDFC 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.
| Particulars | 5paisa | HDFC 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/Paperless | Offline |
| Customer Support Email | [email protected] | [email protected] |
| Knowledge Centre/Education | https://www.5paisa.com/knowledge-centre | https://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/ |
Comparison on DEMAT Account Feature:
Considering 5Paisa and HDFC Securities based on the DEMAT account feature we get the below details.
| Particulars | 5paisa | HDFC Securities |
| DP Source | CDSL | CDSL |
| DP ID | 82500 | 12400 |
| DEMAT Account Annual Maintenance Charges(AMC) | Monthly Plan – INR.45 (In case of any transaction in a month) | INR.750 pa |
| Advance Deposit | NIL | Customer having only Depository relationship with the Bank has to pay an advance fee of INR.7,500/- |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.025% or INR.25 whichever is higher + CDSL charges | 0.04% (Min INR.20) + CDSL charges |
| DEMAT | INR.15 per certificate | INR.5 per certificate + INR.35 request charges |
| REMAT | INR.15 for every hundred securities or INR.15 per certificate whichever is higher | INR.30 |
| Pledge Creation | INR.50 | Nil |
| Pledge Creation Confirmation | NIL | 0.04% of the transaction value (Min INR.40) |
| Pledge Closure | NIL | Nil |
| Pledge Closure Confirmation | NIL | 0.04% of the transaction value (Min INR.40) |
| Pledge Invocation | NIL | 0.04% of the transaction value (Min INR.40) |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
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.
