HDFC Securities vs Jainam Broking Limited

A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.

HDFC Securities
HDFC Securities
Full-Service Broker · since 2000
VS
Jainam Broking Limited
Full-Service Broker · since 2003
Jainam Broking Limited

HDFC Securities vs Jainam Broking Limited — quick verdict

Choose HDFC Securities if

You want research and offline support

Invest Right. Invest Now.

Choose Jainam Broking Limited if

You want research and offline support

Investing with Trust.

Company overview

HDFC Securities is a full-service broker incorporated in 2000; Jainam Broking Limited is a full-service broker incorporated in 2003.

ParameterHDFC SecuritiesJainam Broking Limited
Type of broker Full-Service Broker Full-Service Broker
Exchange membership NSE · BSE · MCX NSE · BSE · MCX
Year of incorporation 2000 older 2003
Number of branches 200+ wider 100+
Active clients ~14.6 Lakh larger 2 Lakh+

Charges & AMC

Account-opening and maintenance charges for HDFC Securities and Jainam Broking Limited compared side by side.

ParameterHDFC SecuritiesJainam Broking Limited
Trading a/c opening ₹999 + GST ₹0 (Online)
Trading a/c AMC ₹0 (Free) ₹0
Demat a/c opening ₹0 (Free) ₹0
Demat a/c AMC ₹750 per year* ₹300 + GST per year lower
DP charges (per ISIN, sell) ₹18.50 + GST per debit transaction ₹15.93 per debit transaction (including GST) lower

Brokerage charges

How HDFC Securities and Jainam Broking Limited price each trading segment, per executed order.

ParameterHDFC SecuritiesJainam Broking Limited
Equity Delivery 0.10% 0.30%
Equity Intraday 0.03% 0.03%
Equity Futures ₹20 per executed order or 0.03% (whichever is lower) 0.03%
Equity Options ₹20 per executed order ₹20 per executed order
Currency F&O ₹20 per executed order Not Available
Commodity F&O ₹20 per executed order 0.03%
Call & Trade ₹20 per executed order ₹20 per executed order

Transaction charges (exchange turnover)

Exchange turnover and clearing charges passed through by HDFC Securities and Jainam Broking Limited, per segment.

ParameterHDFC SecuritiesJainam Broking Limited
Equity Delivery NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%) NSE: 0.00297% • BSE: 0.00375%
Equity Intraday NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%) NSE: 0.00297% • BSE: 0.00375%
Equity Futures NSE ₹173 per Cr (0.00173%) | BSE ₹173 per Cr (0.00173%) NSE: 0.00173%
Equity Options NSE ₹3,503 per Cr (0.03503%) | BSE ₹3,250 per Cr (0.0325%) NSE: 0.03503% (on premium)
Currency Futures NSE ₹35 per Cr (0.00035%) | BSE ₹35 per Cr (0.00035%) —
Currency Options NSE ₹3,100 per Cr (0.0311%) | BSE ₹1,000 per Cr (0.01%) —
Commodity Futures MCX ₹260 per Cr (0.00260%) MCX: 0.00210%
Commodity Options MCX ₹5,000 per Cr (0.05%) MCX: 0.04180% (on premium)

Demat & DP charges

Depository (demat) charges for HDFC Securities and Jainam Broking Limited — AMC, debit transactions, pledging and remat.

ParameterHDFC SecuritiesJainam Broking Limited
Demat Account Opening ₹0 (Free) ₹0
Transaction Charges (Sell) ₹18.50 + GST per debit transaction —
Annual Maintenance Charges (AMC) ₹750 per year* ₹300 + GST per year
Pledge Creation / Invocation ₹25 + GST per request —
Remat ₹25 per certificate + applicable charges —
Failed Transactions Nil Nil
Debit Transaction Charges — ₹15.93 per debit transaction (including GST)
Pledge / Unpledge Charges — ₹25 + GST per request
Dematerialisation (Demat) — ₹150 per certificate + GST
Rematerialisation (Remat) — ₹150 per certificate + GST

Margin & leverage (MTF)

Intraday and delivery margin / leverage offered by HDFC Securities and Jainam Broking Limited.

ParameterHDFC SecuritiesJainam Broking Limited
Equity Delivery 100% of trade value (1x) 100% of trade value (1x)
Equity Intraday As per SEBI peak margin norms (Up to 5x) VAR + ELM Margin (Up to 5x*)
F&O (Eq/Curr/Comm) SPAN + Exposure Margin (1x) SPAN + Exposure Margin (As per available margin)
Equity Options (Buy) — Premium Value (Not Applicable)
Equity Options (Sell) — SPAN + Exposure Margin (As per available margin)
Commodity Futures & Options — SPAN + Exposure Margin (As per available margin)

Features & account

Account type and feature availability across HDFC Securities and Jainam Broking Limited.

ParameterHDFC SecuritiesJainam Broking Limited
3-in-1 account ✓ Yes better ✕ No
Automated / API trading ✕ No ✕ No
Margin Trading (MTF) ✓ Yes ✓ Yes
Trading in SME shares ✓ Yes ✓ Yes
Trading platforms HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Intraday square-off 3:15 PM 3:15 PM
Other 3-in-1 account, MTF, research reports, IPO investment, basket orders, option chain, mutual funds, ETFs and bonds. Research Reports, Trading Calls, Advanced Charting, Option Chain, Basket Orders, Price Alerts, eDIS, Margin Trading Facility (MTF), SIP Investment

Trading platforms & apps

Trading terminals, web platforms and mobile apps offered by HDFC Securities and Jainam Broking Limited.

ParameterHDFC SecuritiesJainam Broking Limited
Trading platforms offered HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Number of platforms 4 more choice 3
Platforms (summary) HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Mobile / desktop apps Web + Mobile, Mobile, Desktop, Web Web, Mobile, Desktop

User ratings

User ratings for HDFC Securities and Jainam Broking Limited across the key parameters.

Rated onHDFC SecuritiesJainam Broking Limited
Fees 4.3 better 4
Brokerage 4.4 better 4.1
Trading platform 4.7 better 4.2
Customer service 4.3 4.5 better
Research 4.5 4.6 better
Overall 4.4 better 4.2

Investment options

Which investment products HDFC Securities and Jainam Broking Limited let you access.

ParameterHDFC SecuritiesJainam Broking Limited
Stocks / Equity ✓ Yes ✓ Yes
Commodity ✓ Yes ✓ Yes
IPO ✓ Yes ✓ Yes
Mutual Funds ✓ Yes ✓ Yes
Bonds / NCD ✓ Yes ✓ Yes

Order types offered

Advanced order types supported by HDFC Securities and Jainam Broking Limited.

ParameterHDFC SecuritiesJainam Broking Limited
Bracket Order ✕ No ✓ Yes better
Cover Order ✕ No ✓ Yes better
BTST ✓ Yes ✓ Yes
After Market (AMO) ✓ Yes ✓ Yes
GTC / GTT ✓ Yes better ✕ No

Safety & credibility

SEBI registration, financial strength and complaint record for HDFC Securities and Jainam Broking Limited.

ParameterHDFC SecuritiesJainam Broking Limited
SEBI registration INZ000186937 INZ000209933
NSE member code 06586 90484
Year of incorporation 2000 longer track record 2003
Net worth ₹3,300+ Crore stronger ₹150+ Cr
Exchange memberships NSE · BSE · MCX NSE · BSE · MCX
Latest complaint ratio 0.175% 0.004% fewer complaints

Complaints record

Exchange complaint data for HDFC Securities and Jainam Broking Limited — the ratio matters more than the raw count.

ParameterHDFC SecuritiesJainam Broking Limited
Latest financial year 2025-26 2025–26
Exchange NSE NSE
Active clients 15,39,103 larger base 2,08,614
Complaints filed 2,690 9
Complaint ratio 0.175% 0.004% fewer complaints

Pros & cons

The main advantages and drawbacks of each broker.

HDFC Securities

▲ Pros

  • ✓ Integrated 3-in-1 account with HDFC Bank.
  • ✓ Comprehensive research reports and expert recommendations.
  • ✓ Advanced web, mobile and desktop trading platforms.
  • ✓ Investment in Stocks, F&O, IPOs, Mutual Funds, ETFs and Bonds.
  • ✓ Margin Trading Facility (MTF) available.
  • ✓ Strong brand reputation with nationwide presence.
  • ✓ Dedicated relationship manager for eligible customers.

▼ Cons

  • ✕ Brokerage charges are higher than discount brokers.
  • ✕ Annual Maintenance Charges apply for demat accounts.
  • ✕ Call & Trade service is chargeable.
  • ✕ Some advanced trading tools are available only to eligible customers.
  • ✕ Margin benefits depend on the applicable product and segment.
Jainam Broking Limited

▲ Pros

  • ✓ Personalized investment advisory and relationship managers.
  • ✓ Strong equity and commodity research support.
  • ✓ Offers stocks, F&O, commodities, IPOs, mutual funds, bonds, SIPs, and insurance.
  • ✓ Easy-to-use web, mobile, and desktop trading platforms.
  • ✓ Good customer support with regional branch presence.
  • ✓ Suitable for long-term investors seeking research-backed recommendations.

▼ Cons

  • ✕ Brokerage charges are higher than discount brokers.
  • ✕ Annual Demat AMC is applicable.
  • ✕ Limited branch network compared to larger national brokers.
  • ✕ Call & Trade charges apply.
  • ✕ Advanced wealth management services may be available only for select clients.
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Compare Jainam Broking Limited with

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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.