HDFC Securities vs Axis Direct – Compare Charges, Trading Features, Offers & more

Find a Comparison of HDFC Securities vs Axis Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of HDFC Securities and Axis Direct.

Background

Year of Incorporation 2002 2006
Website https://www.hdfcsec.com/ https://simplehai.axisdirect.in/
Phone 022-39019400 022-40508080
Exchanges enabled NSE & BSE BSE, NSE
Demat (NSDL/CDSL) NSDL & CDSL NSDL
Brokerage

Equity 0.50% on transaction value 0.50%
Equity Futures Rs 20 per executed order 0.05%
Equity Options Rs 20 per executed order Rs 0.01 per lot
Currency Futures Rs. 23 0.05%
Currency Options Rs. 20 per lot Rs 0.01 per lot
Commodity Not Available Rs 50 per lot
Account Opening Costs

Trading only Rs 999 0
Trading & Demat Rs 750 Rs 900
Commodity Not Available N/A
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover N/A
Futures 0.0019% of Turnover N/A
Options 0.051% of Turnover N/A
Commodities Not Available N/A
AMC charge Rs 750 per year First Year: Rs. 350/- Second Year Onwards: Rs. 750/-
DP Transaction Charge 0.04% or Rs 25/debit transaction - whichever is higher N/A
Offline order placing Charge NIL N/A
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days Yes
End of Day 5 years Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 20x for Intraday, Upto 2x for Delivery N/A
Equity Futures 5x for Intraday N/A
Equity Options 5x for Intraday N/A
Currency Futures 4x for Intraday N/A
Currency Options 5x for Intraday N/A
Commodity Not Available N/A
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 54 Crores 4,242.21 Crores
Profit after Tax FY12/13 Rs 66 Crores 5,179.43 Crores
Profit after Tax FY13/14 Rs 78.5 Crores 6,217.67 Crores
Profit after Tax FY 14/15 Rs 120.56 Crores 7,357.82 Crores
Profit after Tax FY 15/16 Rs 106.18 Crores 8,223.66 Crores
Profit after Tax FY 16/17 Rs 153.16 Crores 3,679.28 Crores
Profit after Tax FY 17/18 Rs 83.15 Crores 275.68 Crores
Profit after Tax FY 18/19 Rs 92.13 Crores 4,677 Crores
Profit after Tax FY 19/20 Rs 100.04 Crores 2,898 Crores
Profit after Tax FY 20/21 Rs 106.68 Crores 16,455 Crores
Profit after Tax FY 21/22 Rs 124.16 Crores 22,913 Crores
Profit after Tax FY 22/23 Rs 117.28 Crores 20,091 Crores
Debt FY11/12 Rs 148.04 Crores N/A
Debt FY12/13 Rs 152.77 Crores N/A
Debt FY13/14 Rs 138.41 Crores N/A
Debt FY14/15 Rs 159.90 Crores N/A
Debt FY15/16 Rs 200.45 Crores N/A
Debt FY16/17 Rs 212.47 Crores N/A
Debt FY17/18 Rs 214.55 Crores N/A
Debt FY18/19 Rs 210.35 Crores N/A
Debt FY19/20 Rs 197.85 Crores N/A
Debt FY20/21 Rs 128.15 Crores N/A
Debt FY21/22 Rs 187.34 Crores 2,08,277.52
Debt FY22/23 Rs 176.41 Crores N/A
Profit to Equity(%) FY11/12 21.12% 20.13%
Profit to Equity(%) FY12/13 45.52% 21.22%
Profit to Equity(%) FY13/14 29.91% 20.51%
Profit to Equity(%) FY14/15 28.33% 18.23%
Profit to Equity(%) FY15/16 47.61% 18.57%
Profit to Equity(%) FY16/17 43.64% 17.49%
Profit to Equity(%) FY17/18 34.30% 7.22%
Profit to Equity(%) FY18/19 48.98% 0.53%
Profit to Equity(%) FY19/20 45.37% 8.09%
Profit to Equity(%) FY20/21 48.29% 2.34%
Profit to Equity(%) FY21/22 53.71% 20.3%
Profit to Equity(%) FY22/23 34.94% 19.17%
Balance Sheet Size FY11/12 Rs 1025.02 Crores 285,627.79
Balance Sheet Size FY12/13 Rs 1342.34 Crores 340,560.66
Balance Sheet Size FY13/14 Rs 1427.69 Crores 383,244.89
Balance Sheet Size FY14/15 Rs 1434.50 Crores 461,932.39
Balance Sheet Size FY15/16 Rs 1527.89 Crores 525,467.62
Balance Sheet Size FY16/17 Rs 1744.09 Crores 601,467.67
Balance Sheet Size FY17/18 Rs 1842.42 Crores 691,329.58
Balance Sheet Size FY18/19 Rs 1941.82 Crores 800,997
Balance Sheet Size FY19/20 Rs 2134.50 Crores 915,165
Balance Sheet Size FY20/21 Rs 2244.08 Crores 986,798
Balance Sheet Size FY21/22 Rs 2448.13 Crores 1,175,178
Balance Sheet Size FY22/23 Rs 2654.67 Crores 1,317,326

Comparison Link:

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Frequently Asked Questions

Is HDFC Securities better than Axis Direct ?

HDFC Securities and Axis Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Axis Direct better than HDFC Securities ?

HDFC Securities and Axis Direct are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is HDFC Securities cheaper than Axis Direct ?

HDFC Securities and Axis Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Axis Direct cheaper than HDFC Securities ?

HDFC Securities and Axis Direct are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better HDFC Securities vs. Axis Direct ?

To find out the better of the two stockbrokers HDFC Securities and Axis Direct, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.