Hdfc Securities Vs Icici Direct Vs Mirae Asset Sharekhan Comparison

The comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Hdfc Securities is known for its user-friendly trading experience and reliability, while Icici Direct stands out for offering competitive brokerage rates and an advanced mobile trading platform. Mirae Asset Sharekhan provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 15 Lakhs, 99 Lakhs, and 31 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their offerings. HDFC Securities provides 4 for Overall Rating, while ICICI Direct offers 4 and Mirae Asset Sharekhan features 4.

Services / FeaturesHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE, MCX
Active Clients 15 Lakhs 99 Lakhs 31 lakh
Broker Overview HDFC Securities Review ICICI Direct Review Mirae Asset Sharekhan Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveal significant differences in their offerings. HDFC Securities provides Rs 999 trading and demat account opening, while ICICI Direct offers N/A and Mirae Asset Sharekhan features N/A.

Account Opening Charges and AMCHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Trading Account Opening Rs 999
Trading AMC ₹300 per year
Demat Account Opening Rs 999
Demat AMC Rs 750 ₹300 per year ₹400
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their offerings. HDFC Securities provides - plans, while ICICI Direct offers N/A and Mirae Asset Sharekhan features -.

Brokerage PlansHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Multiple Plans - -
Monthly Plans - -
Yearly Plans - -

Brokerage Charges

This comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their brokerage charges. HDFC Securities charges N/A brokerage on equity delivery and intraday, N/A for futures, and N/A for options. ICICI Direct charges 0.29% brokerage on equity delivery and intraday, 0.022%/0.007% for Prime plans for futures, and ₹49 per lot or ₹9 per lot for the Prime 9,999 plan for options. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options.

Brokerage ChargesHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Plan Name - -
Equity Delivery 0.29% 0.30% on trade price or minimum 1 paisa per share
Equity Intraday 0.022% or 0.007% 0.02% on trade price or minimum 1 paisa per share
Equity Futures 0.022%/0.007% for Prime plans 0.02% per transaction value (each side)
Equity Options ₹49 per lot or ₹9 per lot for the Prime 9,999 plan ₹39 per lot (each side)
Currency Futures ₹20 per order 0.02% per transaction value (each side)
Currency Options ₹20 per order ₹5 per lot (each side)
Commodity Futures 0.10% (one side)
Commodity Options 1% on premium or ₹150, whichever is higher
Hidden Charges No Zero No
Call & Trade Charges 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) ₹50 per order NA
Auto Square Off Charges 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) ₹50 per order ₹50 per order
Brokerage Calculator

Transactions Charges

This comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their transactions. HDFC Securities provides NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) for Transaction Charges Equity Delivery, while ICICI Direct offers NSE: 0.00307% | BSE: 0.00375% and Mirae Asset Sharekhan features NSE: 0.00297% | 0.00375%.

Transactions ChargesHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Equity Delivery NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE: 0.00307% | BSE: 0.00375% NSE: 0.00297% | 0.00375%
Equity Intraday NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE: 0.00307% | BSE: 0.00375% NSE: 0.00297% | 0.00375%
Equity Futures NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 NSE: 0.00183% | BSE: 0 NSE: 0.00173%
Equity Options NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) NSE: 0.03553% (on premium) | BSE: 0.0325% (on premium) NSE: 0.03503% on Premium
Currency Futures NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) NSE: 0.00035%
Currency Options NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE: 0.0311%
Commodity 0.0418% on Premium 0.0418%

Account Features

These are the notable distinctions in the account features of HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan when compared.

Account FeaturesHDFC SecuritiesICICI DirectMirae Asset Sharekhan
3-in-1 Account Yes Yes No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM 3:20 PM 3:20 PM
NRI Trading Yes Yes Yes

Trading Platforms

The trading platforms comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their offerings. HDFC Securities, ICICI Direct and Mirae Asset Sharekhan provide web trading platforms and mobile trading platforms.

Trading PlatformsHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Web Trading Platform Yes Yes Yes
Web Trading Detail HDFC Securities ICICI Direct Sharekhan
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Download Sharekhan IOS App
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Nil Nil

Broker Ratings

The broker ratings comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their offerings. HDFC Securities provides 4.3 for Fees Ratings, while ICICI Direct offers 4.3 and Mirae Asset Sharekhan features 4.3.

Broker RatingsHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Fees Ratings 4.3 4.3 4.3
Trading Brokerage Rating 3.9 4.4 4.3
Trading Platform Usability 4.0 4.4 4,3
Customer Service Ratings 4.3 4.3 4.2
Overall Ratings 4.2 4.3 4.3

Investment Offerings

This comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their investment offerings. HDFC Securities provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while ICICI Direct provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking Yes Yes No
Insurance Yes Yes No
Forex Yes Yes Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options Yes Yes Yes

Customer Support

The comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their Customer Support. HDFC Securities provides Yes, while ICICI Direct offers Yes and Mirae Asset Sharekhan features Yes.

Customer SupportHDFC SecuritiesICICI DirectMirae Asset Sharekhan
24/7 Customer Service Yes Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes -
Through Branches Yes Yes
Customer Care Number 022-6246 5555 022 3355 1122 02241683500
Account Opening Process Online/Offline Online/Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.sharekhan.com/learn-and-grow
Head Office Address

HDFC Securities Limited,
Unit No. 1602, 16th Floor, Tower A,
Peninsula Business Park,
Senapati Bapat Marg,
Lower Parel,
Mumbai 400 013, India

ICICI Venture House,
Appasaheb Marathe
Marg, Mumbai –
400025, India

Sharekhan Limited,

1st Floor, Tower No. 3,

Equinox Business Park, LBS Marg, Off BKC,

Kurla (West), Mumbai 400 070, Maharashtra, India.

Website https://www.hdfcsec.com/ https://www.icicidirect.com/ https://www.sharekhan.com/

Research and Reports

The research and reports comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their offerings.

Research and ReportsHDFC SecuritiesICICI DirectMirae Asset Sharekhan
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between HDFC Securities, ICICI Direct, and Mirae Asset Sharekhan reveals significant differences in their demat account charges. HDFC Securities provides CDSL & NSDL for DP Source, while ICICI Direct offers NSDL & CDSL and Mirae Asset Sharekhan features NSDL & CDSL.

Demat Account ChargesHDFC SecuritiesICICI DirectMirae Asset Sharekhan
DP Source CDSL & NSDL NSDL & CDSL NSDL & CDSL
DP ID CDSL DP ID: 12086700 | NSDL DP ID: IN304279 NSDL - 300513 | CDSL - 12036000
Demat Account Annual Maintenance Charges (AMC) Rs 750 Rs 700 ₹ 400
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN) -
Demat Rs 5 per certificate + Rs 35 per Dematerialisation request submitted ₹50 ₹ 5 per share certificate (minimum ₹ 50 per request)
Remat Rs 30 per request + CDSL actuals ₹25 + CDSL charges ₹ 50 per certificate or ₹ 50 for every hundred securities
Pledge Creation Nil ₹25 + GST ₹ 20 per transaction
Pledge Creation Confirmation ₹25 + GST NA
Pledge Closure ₹25 + GST ₹ 20 per transaction
Pledge Closure Confirmation ₹25 + GST NA
Pledge Invocation ₹25 + GST ₹ 20 per transaction
Failed Instruction Charges Nil NA -
Other Charges NA -

Advantages and Disadvantages

BrokerProsCons
HDFC Securities
  • Strong brand & credibility
  • 3-in-1 account convenience
  • Wide range of investment & advisory services
  • Good for long-term/investment investors
  • Regulatory & security setup
  • Higher brokerage/fees compared to discount brokers
  • Not the lowest cost for intraday/frequent trading
  • Platform/user experience issues raised by some users
  • Reported user-experience/support issues
  • Feature gaps/cost-benefit for certain segments
ICICI Direct
  • Integrated 3-in-1 account structure
  • Wide product offering & full-service features
  • Trusted brand and large network
  • Educational & research support
  • Multiple brokerage plan options
  • Relatively higher brokerage & fees
  • Platform, UI & performance limitations
  • Customer service/execution issues reported
  • Less ideal for very cost-sensitive/frequent traders
Mirae Asset Sharekhan
  • Established brand/reputation
  • Wide range of products & services
  • Strong research & advisory support
  • Free fund-transfer/call & trade facility
  • Advanced trading platform
  • Higher brokerage & fee structure
  • Minimum brokerage cost is a disadvantage for small trades
  • Platform complexity & beginner-unfriendly aspects
  • Customer support/service issues

User Experience: Buying Stocks

HDFC Securities – User Trading Experience

Account Opening Experience: Users benefit from a 3-in-1 integrated banking setup, making fund transfers seamless.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is competitive, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.3/5.

Market Presence: Around 15 Lakhs active clients use this broker.

ICICI Direct – User Trading Experience

Account Opening Experience: Users benefit from a 3-in-1 integrated banking setup, making fund transfers seamless.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is 0.022% or 0.007%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.3/5.

Market Presence: Around 99 Lakhs active clients use this broker.

Mirae Asset Sharekhan – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is 0.02% on trade price or minimum 1 paisa per share, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.2/5.

Market Presence: Around 31 lakh active clients use this broker.

Frequently Asked Questions

The account opening charges vary significantly: HDFC Securities charges Rs 999, ICICI Direct charges Not specified, and Mirae Asset Sharekhan charges Not specified. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: HDFC Securities offers Not specified for equity intraday, ICICI Direct provides 0.022% or 0.007%, and Mirae Asset Sharekhan charges 0.02% on trade price or minimum 1 paisa per share. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: HDFC Securities offers 4, ICICI Direct provides 4, and Mirae Asset Sharekhan features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: HDFC Securities has 4 support, ICICI Direct offers 4, and Mirae Asset Sharekhan provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: HDFC Securities with 4.0, ICICI Direct with 4.4, and Mirae Asset Sharekhan with 4,3. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: HDFC Securities (Yes), ICICI Direct (Yes), and Mirae Asset Sharekhan (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: HDFC Securities offers user-friendly platforms with educational resources, ICICI Direct provides competitive pricing with intuitive interfaces, and Mirae Asset Sharekhan combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: HDFC Securities focuses on intuitive design and quick execution, ICICI Direct emphasizes advanced charting and analysis tools, while Mirae Asset Sharekhan balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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