Is HDFC Securities a Good Platform Considering its High Brokerage Charges?
There are two types of industries dealing in this segment in India, full-time brokerage firms and discount brokerage firms. HDFC carries a full-time brokerage firm terms, fee structure, and Demat policies. HDFC in fact a bit costlier one which charges a little more in the industry norms.
HDFC Securities and Zerodha which is best?
Whereas at the present the most famous and trustworthy firm in India is Zerodha. It carries plans of free brokerages, it is named as Discount brokerage firm and offers Zero brokerage account, here anything you buy and hold more than 2 business days will become free of cost transaction.
The ratings of these two firms:
Additional Securities charges comparison:
HDFC Securities is a bank-based firm that is meant to offer and make money from money, they only look towards all possible charges. Whereas Zerodha is an independent private firm registered and approved firm from govt of India. It is accepted as best for the reason it has served society offering the best services and software to people.
Zerodha is an IT firm, their platforms like Zerodha Kite, Zerodha Coin, Zerodha Varsity, and other applications are best in India, at present it is leading in India with 6 million customers. additional information and step-by-step guidance of opening a Zerodha account are here:
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