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HDFC Securities vs Interactive Brokers – Compare Charges, Trading Features, Offers & more
Find a Comparison of HDFC Securities vs Interactive Brokers 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 Interactive Brokers.
Background
| Year of Incorporation | 2002 | 1977 |
| Website | https://www.hdfcsec.com/ | https://www.interactivebrokers.co.in/en/home.php |
| Phone | 022-39019400 | +91 22 - 61289888 |
| Exchanges enabled | NSE & BSE | NSE (plus over 100 market centers across 24 countries). |
| Demat (NSDL/CDSL) | NSDL & CDSL | NSDL |
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 | Rs 104.1 Crores |
| Profit after Tax FY12/13 | Rs 66 Crores | Rs 63.01 Crores |
| Profit after Tax FY13/14 | Rs 78.5 Crores | Rs 64.75 Crores |
| Profit after Tax FY 14/15 | Rs 120.56 Crores | Rs 74.30 Crores |
| Profit after Tax FY 15/16 | Rs 106.18 Crores | Rs 89.41 Crores |
| Profit after Tax FY 16/17 | Rs 153.16 Crores | Rs 79.38 Crores |
| Profit after Tax FY 17/18 | Rs 83.15 Crores | Rs 79.67 Crores |
| Profit after Tax FY 18/19 | Rs 92.13 Crores | Rs 93.62 Crores |
| Profit after Tax FY 19/20 | Rs 100.04 Crores | Rs 89.06 Crores |
| Profit after Tax FY 20/21 | Rs 106.68 Crores | Rs 99.53 Crores |
| Profit after Tax FY 21/22 | Rs 124.16 Crores | Rs 85.24 Crores |
| Profit after Tax FY 22/23 | Rs 117.28 Crores | Rs 78.27 Crores |
| Debt FY11/12 | Rs 148.04 Crores | Rs 17.67 Crores |
| Debt FY12/13 | Rs 152.77 Crores | Rs 13.43 Crores |
| Debt FY13/14 | Rs 138.41 Crores | Rs 21.88 Crores |
| Debt FY14/15 | Rs 159.90 Crores | Rs 21.05 Crores |
| Debt FY15/16 | Rs 200.45 Crores | Rs 23.05 Crores |
| Debt FY16/17 | Rs 212.47 Crores | Rs 22.53 Crores |
| Debt FY17/18 | Rs 214.55 Crores | Rs 22.09 Crores |
| Debt FY18/19 | Rs 210.35 Crores | Rs 23.67 Crores |
| Debt FY19/20 | Rs 197.85 Crores | Rs 21.41 Crores |
| Debt FY20/21 | Rs 128.15 Crores | Rs 24.02 Crores |
| Debt FY21/22 | Rs 187.34 Crores | Rs 27.09 Crores |
| Debt FY22/23 | Rs 176.41 Crores | Rs 21.78 Crores |
| Profit to Equity(%) FY11/12 | 21.12 | 14.94 |
| Profit to Equity(%) FY12/13 | 45.52 | 7.29 |
| Profit to Equity(%) FY13/14 | 29.91 | 9.71 |
| Profit to Equity(%) FY14/15 | 28.33 | 9.01 |
| Profit to Equity(%) FY15/16 | 47.61 | 9.64 |
| Profit to Equity(%) FY16/17 | 43.64 | 10.04 |
| Profit to Equity(%) FY17/18 | 34.30 | 10.14 |
| Profit to Equity(%) FY18/19 | 48.98 | 11.34 |
| Profit to Equity(%) FY19/20 | 45.37 | 13.24 |
| Profit to Equity(%) FY20/21 | 48.29 | 12.52 |
| Profit to Equity(%) FY21/22 | 53.71 | 17.85 |
| Profit to Equity(%) FY22/23 | 34.94 | 14.56 |
| Balance Sheet Size FY11/12 | Rs 25.02 Crores | Rs 908 Crores |
| Balance Sheet Size FY12/13 | Rs 42.34 Crores | Rs 977 Crores |
| Balance Sheet Size FY13/14 | Rs 27.69 Crores | Rs 990.08 Crores |
| Balance Sheet Size FY14/15 | Rs 34.50 Crores | Rs 968.51 Crores |
| Balance Sheet Size FY15/16 | Rs 27.89 Crores | Rs 1071.18 Crores |
| Balance Sheet Size FY16/17 | Rs 44.09 Crores | Rs 1098.72 Crores |
| Balance Sheet Size FY17/18 | Rs 42.42 Crores | Rs 1110.91 Crores |
| Balance Sheet Size FY18/19 | Rs 41.82 Crores | Rs 1095.94 Crores |
| Balance Sheet Size FY19/20 | Rs 34.50 Crores | Rs 1369.20 Crores |
| Balance Sheet Size FY20/21 | Rs 44.08 Crores | Rs 1391.66 Crores |
| Balance Sheet Size FY21/22 | Rs 48.13 Crores | Rs 1293.62 Crores |
| Balance Sheet Size FY22/23 | Rs 54.67 Crores | Rs 1627.43 Crores |
Brokerage
| Equity | Rs 23/lot - Negotiable | 0.05% of the value of the transaction with a minimum of INR 30 per order. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Equity Futures | 0.00325% of Turnover | 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Equity Options | NA | INR 25 per lot per side (Single Stock), INR 15 per lot per side (Index) |
| Currency Futures | Rs 999 | 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Currency Options | NA | 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders |
| Commodity | NA | NA |
Account Opening Costs
| Trading only | NA | NA |
| Trading & Demat | Rs 999 | USD 5 in INR adjusted against commissions on a monthly basis, waived for the first 3 months and waived for accounts with over USD 100,000 in INR worth of account value |
| Commodity | NA | NA |
Transparency & other costs
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% of Turnover | 0.00325% |
| Futures | 0.0019% of Turnover | 0.0019 % |
| Options | 0.051% of Turnover | 0.05% |
| Commodities | NA | not available |
| AMC charge | Rs 750/year | NIL |
| DP Transaction Charge | 0.04% or Rs 25/debit transaction - whichever is higher | NIL |
| Offline order placing Charge | NIL | Rs 1500/order |
Platforms
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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Charting
| Intraday | 5 Days | 22 Days |
| End of Day | 5 years | 1 Year |
| Coding/Backtesting | |
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Reporting
| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Margins
Leverage Provided
| Equity | Upto 20 times for Intraday, Upto 2 times for Delivery @interest | 2 times intraday and overnight leverage |
| Equity Futures | NA for Intraday | Upto 2 times for Intraday |
| Equity Options | NA for Intraday | Buying 0 & Shorting upto 2 times for Intraday |
| Currency Futures | NA for Intraday | Upto 2 times for Intraday |
| Currency Options | NA for Intraday | Buying 0 & Shorting upto 2 times for Intraday |
| Commodity | NA | NA |
Support & Tools
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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Convenience
| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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Frequently Asked Questions
Is HDFC Securities better than Interactive Brokers ?
HDFC Securities and Interactive Brokers 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 Interactive Brokers better than HDFC Securities ?
HDFC Securities and Interactive Brokers 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 Interactive Brokers ?
HDFC Securities and Interactive Brokers 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 Interactive Brokers cheaper than HDFC Securities ?
HDFC Securities and Interactive Brokers 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. Interactive Brokers ?
To find out the better of the two stockbrokers HDFC Securities and Interactive Brokers, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.