All Brokers › Zerodha vs HDFC Securities

Zerodha vs HDFC Securities

Complete charge comparison — every fee, calculated. ₹50,000 delivery trade baseline.

★ Editor's Pick

Discount
Zerodha CHEAPER
₹126.85
Total cost on ₹50K delivery trade
VS
Full-Service
HDFC Securities
₹721.51
Total cost on ₹50K delivery trade
VERDICT — ₹50,000 DELIVERY TRADE
Zerodha costs ₹594.66 less on a ₹50,000 delivery trade. Zerodha charges lower brokerage on delivery. On an annual basis, Zerodha saves ₹36364 for a long-term investor making 5 delivery trades per month.

Side-by-Side Charge Comparison

ChargeZerodhaHDFC SecuritiesDifference
Delivery Brokerage Zero 0.5% min ₹25 Differs
Intraday Brokerage0.03% or ₹200.05% min ₹25Differs
F&O Options₹20/order—Differs
DP Charge ₹15.34/scrip 0.04% min ₹30 ₹594.66 gap
AMC / year ₹88.50/yr ₹885/yr Differs
MTF Interest14.6% p.a.12.0% p.a.Differs
API Access₹2,000/mo (Kite Connect)Free—
Call & Trade₹59Free—
Networth₹13,500 Cr₹2,700 CrFinancial strength
Total (₹50K delivery) ₹126.85 ₹721.51 ₹594.66 gap

Annual Cost — Long-Term Investor

ZerodhaHDFC Securities
Annual cost₹7332/yr₹43696/yr
Cheaper byZerodha saves ₹36364/year
Choose Zerodha if you...
  • Long-term investors
  • Options traders
  • Algo traders
  • Active intraday traders
Choose HDFC Securities if you...
  • HDFC Bank customers who need bundled banking

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Charges sourced from official broker websites and NSE filings. Regulatory charges (STT, exchange fee, SEBI fee, stamp duty = ₹111.24 on ₹50K delivery) are identical at every broker. Budget 2026: futures STT raised to 0.05%, options STT to 0.15%, effective April 1 2026. Always verify current charges before trading. Not investment advice.