Angel One and HDFC Securities are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Angel One is listed as a Public Full Service , established in 1987 and headquartered in Mumbai, while HDFC Securities is listed as a Private Discount Broker , established in 2000 and headquartered in Mumbai.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Angel One or HDFC Securities is a better fit for your investment style, platform preference, and budget.
Angel One is listed as a Public Full Service established in 1987 with headquarters in Mumbai and founded by Dinesh Agarwal. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. It follows a i-trade Prime brokerage structure.
HDFC Securities is listed as a Private Discount Broker established in 2000 with headquarters in Mumbai and founded by Dhiraj Relli. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading and desktop terminal access and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. Its brokerage model is structured as Starter Pack – Lite 199.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Angel One vs HDFC Securities — A Comprehensive Company Overview
| Company Overview | Angel One | HDFC Securities |
|---|---|---|
| Company Type | Public | Private |
| Broker Type | Full Service | Discount Broker |
| Headquarters | Mumbai | Mumbai |
| Founder | Dinesh Agarwal | Dhiraj Relli |
| Establishment Year | 1987 | 2000 |
| Brokerage Plan | i-trade Prime | Starter Pack – Lite 199 |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Angel One and HDFC Securities.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Angel One charges Free while HDFC Securities charges 0.32% of Transaction Value.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while HDFC Securities charges 0.032% of Transaction Value.
Equity futures: This charge applies to futures contracts on stocks and indices. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while HDFC Securities charges Rs.20 per Trade.
Equity options: This charge applies to equity option contracts. Angel One charges Rs.20 per Trade while HDFC Securities charges Rs.20 per Trade.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while HDFC Securities charges 0.025% of Transaction Value.
Commodity options: This charge applies to option contracts on commodity instruments. Angel One charges Rs.20 per Trade while HDFC Securities charges Rs.20 per Lot.
Currency futures: This charge allows participation in forex price movements on the exchange. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while HDFC Securities charges 0.025% of Transaction Value.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Angel One charges Rs.20 per Trade while HDFC Securities charges Rs.25 per Lot.
Angel One vs HDFC Securities — Detailed Brokerage Comparison
| Brokerage | Angel One | HDFC Securities |
|---|---|---|
| Brokerage Plan | i-trade Prime | Starter Pack – Lite 199 |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Free | 0.32% of Transaction Value |
| Equity Intraday | Rs.20 per Trade or 0.25% (whichever is low) | 0.032% of Transaction Value |
| Equity Future | Rs.20 per Trade or 0.25% (whichever is low) | Rs.20 per Trade |
| Equity Option | Rs.20 per Trade | Rs.20 per Trade |
| Commodity Future | Rs.20 per Trade or 0.25% (whichever is low) | 0.025% of Transaction Value |
| Commodity Option | Rs.20 per Trade | Rs.20 per Lot |
| Currency Future | Rs.20 per Trade or 0.25% (whichever is low) | 0.025% of Transaction Value |
| Currency Option | Rs.20 per Trade | Rs.25 per Lot |
Angel One provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. HDFC Securities provides mobile app access, web trading and desktop terminal access for its users.
Android app: Angel One and HDFC Securities both list an Android trading app.
iOS app: Angel One and HDFC Securities both list an iOS trading app.
Web trading platform: Angel One and HDFC Securities both list a web trading platform.
Desktop trading terminal: Angel One and HDFC Securities both list a desktop trading terminal.
Algo trading: Angel One lists algo trading support, while HDFC Securities does not currently mention it.
Basket trading: Angel One and HDFC Securities both list basket trading.
Foreign stocks platform: Angel One and HDFC Securities both list foreign stocks access.
Mutual fund platform: Angel One and HDFC Securities both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: HDFC Securities lists a bonds investment platform, while Angel One does not currently mention it.
Angel One vs HDFC Securities — Complete Comparison of Trading Platforms
| Trading Platform | Angel One | HDFC Securities |
|---|---|---|
| Android App | Angel One Android App Link | HDFC Securities Android App Link |
| iOS App | Angel One iOS App Link | HDFC Securities iOS App Link |
| Web Trading Platform | Angel One Web Trading Link | HDFC Securities Web Trading Link |
| Trading Terminal | Available | Available |
| Algo Trading Platform | Available | NA |
| Foreign Stocks Platform | Available | Available |
| Basket Trading Platform | Available | Available |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | No | NA |
| Bonds Platform | No | Available |
Angel One highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking, while HDFC Securities promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Angel One and HDFC Securities offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Angel One and HDFC Securities offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Angel One and HDFC Securities offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Angel One and HDFC Securities offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Angel One and HDFC Securities offer this feature.
Global indices: Real-time data on leading global stock market indices. Both Angel One and HDFC Securities offer this feature.
Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Angel One offers this; HDFC Securities does not currently highlight it.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Angel One offers this; HDFC Securities does not currently highlight it.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Angel One and HDFC Securities offer this feature.
Live market: Live updates on market movements and trends. Both Angel One and HDFC Securities offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Angel One offers this; HDFC Securities does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Both Angel One and HDFC Securities offer this feature.
Angel One vs HDFC Securities — Comprehensive Comparison of Trading Features
| Trading Feature | Angel One | HDFC Securities |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | Yes |
| Global Indices | Yes | Yes |
| Customised Recommendations | Yes | No |
| Stock Tips | Yes | No |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | No |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Angel One and HDFC Securities.
Free account opening: Neither broker currently highlights free account opening.
Free AMC: Angel One lists free Demat AMC, while HDFC Securities does not currently mention it.
Free brokerage: Angel One lists free brokerage, while HDFC Securities does not currently mention it.
Flat brokerage: Angel One and HDFC Securities both list flat brokerage pricing.
Flexible brokerage plans: HDFC Securities lists flexible brokerage plans, while Angel One does not currently mention it.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Angel One lists free delivery trading, while HDFC Securities does not currently mention it.
Free intraday trading: Neither broker currently highlights free intraday trading.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Angel One and HDFC Securities both list free research reports.
Free trading calls: Angel One and HDFC Securities both list free trading calls.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Angel One offers Upto Rs.1000 Gift Vouchers per Client while HDFC Securities offers Rs.200 per Client for referrals.
Angel One vs HDFC Securities — Comparison of Latest Offers
| Offer | Angel One | HDFC Securities |
|---|---|---|
| Free Account Opening | No | No |
| Free AMC | 1st Year Free | No |
| Free Brokerage | Yes, Limited | No |
| Flat Brokerage | Yes | Yes, Limited |
| Flexible Brokerage Plans | No | Yes |
| Happy Trading Hours | No | No |
| Free Delivery Trading | Yes | No |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | Yes |
| Free Trading Calls | Yes | Yes |
| Referral Offers | Upto Rs.1000 Gift Vouchers per Client | Rs.200 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Angel One highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while HDFC Securities highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds, insurance, banking services, corporate bonds, government bonds and bonds.
Angel One vs HDFC Securities — Complete Comparison of Products
| Product | Angel One | HDFC Securities |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | Yes |
| Currency Future | Yes | Yes |
| Foreign Stocks | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Banking | No | Yes |
| Insurance | Yes | Yes |
| Corporate Bonds | No | Yes |
| Government Bonds | No | Yes |
| Digital Gold | No | No |
Demat services: Angel One and HDFC Securities both list Demat services.
Trading services: Angel One and HDFC Securities both list trading services.
Intraday services: Angel One and HDFC Securities both list intraday trading services.
F&O services: Angel One and HDFC Securities both list F&O services.
IPO services: Angel One and HDFC Securities both list IPO services.
3-in-1 account: HDFC Securities lists 3-in-1 account support, while Angel One does not currently mention it.
Stock research: Angel One and HDFC Securities both list stock research.
Stock recommendations: Angel One and HDFC Securities both list stock recommendations.
Trading education: Angel One lists trading education, while HDFC Securities does not currently mention it.
Share pledging: Angel One and HDFC Securities both list share pledging.
PMS or PCG: Angel One and HDFC Securities both list PMS or PCG support.
NRI services: Angel One and HDFC Securities both list NRI services.
Angel One provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while HDFC Securities offers Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support.
Angel One vs HDFC Securities — In-Depth Comparison of Services
| Service | Angel One | HDFC Securities |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | Yes |
| Stock Research | Yes | Yes |
| Stock Recommendations | Yes | Yes |
| Trading Education | Yes, Smart Money | No |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | Yes |
| NRI Services | Yes | Yes |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Angel One and HDFC Securities.
Angel One and HDFC Securities — Detailed Comparison of Advisory Services
| Advisory | Angel One | HDFC Securities |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | Yes |
| Company Reports | Yes | Yes |
| Annual Reports | Yes | Yes |
| IPO Reports | Yes | Yes |
| Technical Reports | Yes | Yes |
| Stock Tips | Yes | Yes |
| Daily Top Stock Picks | Yes | Yes |
| Daily Market Review | Yes | Yes |
| Monthly Review | Yes | Yes |
| Weekly Review | Yes | Yes |
| Relationship Manager | Yes | No |
| Robo Advisory | Yes | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Angel One and HDFC Securities across different segments.
Angel One and HDFC Securities — Comprehensive Comparison of Trading Exposure
| Exposure | Angel One | HDFC Securities |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1x |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
Angel One and HDFC Securities both list a sub-broker program. Angel One and HDFC Securities both list a partner program. Angel One and HDFC Securities both list a referral program.
Angel One vs HDFC Securities — Comparative Analysis of Programs
| Program | Angel One | HDFC Securities |
|---|---|---|
| Sub-Broker Program | Yes | Yes, Limited |
| Partner Program | Yes, Angel DRA | Yes |
| Referral Program | Yes | Yes |
Angel One provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. HDFC Securities provides support through trading desk support, dedicated dealer assistance, call support, website support and Facebook support. Angel One operates Available branches. HDFC Securities operates Available branches.
Angel One and HDFC Securities — Comprehensive Comparison of Customer Support
| Support Channel | Angel One | HDFC Securities |
|---|---|---|
| Trading Support | Available, Chargeable | Available, Free |
| Dedicated Dealer | Available, Chargeable | Available, Free |
| Call Support | 8047480048 | 022-39019400 |
| Email Support | [email protected] | NA |
| WhatsApp Support | NA | NA |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | Telegram Support Link |
| Branches / Offices | Available | Available |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Angel One carries an overall rating of 9.70 / 10, while HDFC Securities carries an overall rating of 9.50 / 10.
Angel One vs HDFC Securities — Ratings Comparison
| Rating Parameter | Angel One | HDFC Securities |
|---|---|---|
| Overall Rating | 9.70 / 10 | 9.50 / 10 |
| Customer Support | 9.66 / 10 | 9.46 / 10 |
| Technology | 9.82 / 10 | 9.61 / 10 |
| Charges | 9.74 / 10 | 9.53 / 10 |
| Products & Services | 9.64 / 10 | 9.44 / 10 |
| Experience | 9.62 / 10 | 9.42 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Angel One & HDFC Securities — Comparison of Customer Complaints
| Complaint Metric | Angel One | HDFC Securities |
|---|---|---|
| Total Complaints Lodged | 554 | 129 |
| Total Complaints Resolved | 457 | 104 |
| % of Resolved Complaints | 82.49% | 80.62% |
| Non-Actionable Complaints | 57 | 8 |
| % of Non-Actionable Complaints | 10.29% | 6.20% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Angel One and HDFC Securities.
Angel One vs HDFC Securities — Detailed Comparison of Transaction Charges
| Transaction Charges | Angel One | HDFC Securities |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & As per Stock (BSE) | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | 0.00325% (NSE) & As per Stock (BSE) | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Future | 0.0019% (NSE & BSE) | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Option | 0.05% (on premium) | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Commodity Future | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) | |
| Commodity Option | 0.05% (Non Agri) | |
| Currency Future | 0.0009% (NSE) & 0.00022% (BSE) | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Option | 0.035% (NSE) & 0.001% (BSE) | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
Angel One & HDFC Securities — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Angel One | HDFC Securities |
|---|---|---|
| Pledge Creation Charges | Rs.20 per Request | |
| Pledge Invocation Charges | Rs.50 per Request | |
| Margin Trading Interest | 0.049% per day |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Angel One and HDFC Securities — Detailed Comparison of Hidden / Other Charges
| Charge | Angel One | HDFC Securities |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | 0.0001% (₹10/Crore) of the turnover |
| DP Charges | Rs.13.5 per Scrip only on Sell | |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Account Closure Charges | Free | |
| Reactivation Charges | Free | |
| Dematerialisation Charges | Rs.50 per Certificate | |
| Call & Trade Charges | Rs.20 per Trade |
Angel One lists account opening charges of Free and Demat AMC of Rs.240 per Year + GST (1st Year Free). HDFC Securities lists account opening charges of Rs.199 and Demat AMC of Rs.750 per Year.
Angel One vs HDFC Securities — Detailed Comparison of Demat Charges
| Demat Charges | Angel One | HDFC Securities |
|---|---|---|
| Account Opening Charges | Free | Rs.199 |
| Annual Maintenance Charges (AMC) | Rs.240 per Year + GST (1st Year Free) | Rs.750 per Year |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Angel One vs HDFC Securities — Comparative Analysis of STT and CTT Charges
| STT & CTT | Angel One | HDFC Securities |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.1% of total transaction value |
| Equity Intraday | 0.025% on sell | 0.025% of turnover |
| Equity Future | 0.0125% on sell | 0.01% of turnover |
| Equity Option | 0.0625% on sell (on premium) | 0.05% |
| Commodity Future | 0.01% on sell (Non-Agri) | 0.01% |
| Commodity Option | 0.05% on sell | 0.05% |
| Currency Future | Nil | - |
| Currency Option | Nil | - |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Angel One and HDFC Securities — Comparison of Stamp Duty Charges
| Stamp Duty | Angel One | HDFC Securities |
|---|---|---|
| Equity Delivery | 0.015% on buy | 0.015% |
| Equity Intraday | 0.003% on buy | 0.003% |
| Equity Future | 0.002% on buy | 0.002% |
| Equity Option | 0.003% on buy | 0.003% |
| Commodity Future | 0.002% on buy | 0.002% |
| Commodity Option | 0.003% on buy | 0.003% (MCX) |
| Currency Future | 0.0001% on buy | 0.0001% |
| Currency Option | 0.003% on buy | 0.0001% |