HDFC Securities vs Mirae Asset Sharekhan Limited
A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.
HDFC Securities
VS
Mirae Asset Sharekhan Limited
HDFC Securities vs Mirae Asset Sharekhan Limited — quick verdict
Choose HDFC Securities if
You want research and offline support
Invest Right. Invest Now.
Choose Mirae Asset Sharekhan Limited if
You want research and offline support
Get the power of experience on your side.
Company overview
HDFC Securities is a full-service broker incorporated in 2000; Mirae Asset Sharekhan Limited is a full-service broker incorporated in 2000.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Type of broker | Full-Service Broker | Full-Service Broker |
| Exchange membership | NSE · BSE · MCX | NSE · BSE · MCX · NCDEX |
| Year of incorporation | 2000 | 2000 |
| Number of branches | 200+ | 900+ wider |
| Active clients | ~14.6 Lakh | 32 Lakh+ larger |
Charges & AMC
Account-opening and maintenance charges for HDFC Securities and Mirae Asset Sharekhan Limited compared side by side.
| Parameter | HDFC Securities | Mirae Asset Sharekhan 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* lower | ₹0 (1st Year), then ₹400 + GST per year |
| DP charges (per ISIN, sell) | ₹18.50 + GST per debit transaction lower | ₹25 per debit transaction + GST |
Brokerage charges
How HDFC Securities and Mirae Asset Sharekhan Limited price each trading segment, per executed order.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Equity Delivery | 0.10% | 0.30% |
| Equity Intraday | 0.03% | 0.02% |
| Equity Futures | ₹20 per executed order or 0.03% (whichever is lower) | 0.02% |
| Equity Options | ₹20 per executed order | ₹20 per executed order |
| Currency F&O | ₹20 per executed order | 0.02% |
| Commodity F&O | ₹20 per executed order | 0.02% |
| Call & Trade | ₹20 per executed order | ₹0 |
Transaction charges (exchange turnover)
Exchange turnover and clearing charges passed through by HDFC Securities and Mirae Asset Sharekhan Limited, per segment.
| Parameter | HDFC Securities | Mirae Asset Sharekhan 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%) | NSE: 0.00035% |
| Currency Options | NSE ₹3,100 per Cr (0.0311%) | BSE ₹1,000 per Cr (0.01%) | NSE: 0.03110% (on premium) |
| 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 Mirae Asset Sharekhan Limited — AMC, debit transactions, pledging and remat.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Demat Account Opening | ₹0 (Free) | ₹0 |
| Transaction Charges (Sell) | ₹18.50 + GST per debit transaction | — |
| Annual Maintenance Charges (AMC) | ₹750 per year* | ₹0 (1st Year), then ₹400 + GST per year |
| Pledge Creation / Invocation | ₹25 + GST per request | — |
| Remat | ₹25 per certificate + applicable charges | — |
| Failed Transactions | Nil | Nil |
| Debit Transaction Charges | — | ₹25 per debit transaction + GST |
| Pledge / Unpledge Charges | — | ₹30 + GST per request |
| Dematerialisation (Demat) | — | ₹50 per certificate + GST |
| Rematerialisation (Remat) | — | ₹50 per certificate + GST |
Margin & leverage (MTF)
Intraday and delivery margin / leverage offered by HDFC Securities and Mirae Asset Sharekhan Limited.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Equity Delivery | 100% of trade value (1x) | Up to 100% of trade value (1x) |
| Equity Intraday | As per SEBI peak margin norms (Up to 5x) | As per SEBI peak margin rules (Up to 5x (eligible stocks)) |
| F&O (Eq/Curr/Comm) | SPAN + Exposure Margin (1x) | SPAN + Exposure Margin (1x) |
| Equity Options | — | Premium + SPAN (for option writing) (As per exchange norms) |
| Currency Derivatives | — | SPAN + Exposure Margin (As per exchange norms) |
| Commodity Derivatives | — | SPAN + Exposure Margin (As per exchange norms) |
Features & account
Account type and feature availability across HDFC Securities and Mirae Asset Sharekhan Limited.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| 3-in-1 account | ✓ Yes better | ✕ No |
| Automated / API trading | ✕ No | ✓ Yes better |
| Margin Trading (MTF) | ✓ Yes | ✓ Yes |
| Trading in SME shares | ✓ Yes | ✓ Yes |
| Trading platforms | HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger |
| 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. | Advanced research reports, Margin Trading Facility (MTF), Portfolio Health Check, Investment Ideas, IPO investment, Mutual Funds, Algo/API Trading, Smart Investor tools, Relationship Manager support, Educational webinars, TradeTiger desktop terminal, Comprehensive wealth management solutions. |
Trading platforms & apps
Trading terminals, web platforms and mobile apps offered by HDFC Securities and Mirae Asset Sharekhan Limited.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Trading platforms offered | HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger |
| Number of platforms | 4 more choice | 3 |
| Platforms (summary) | HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight | Sharekhan App, Sharekhan Web Trading Platform, TradeTiger |
| Mobile / desktop apps | Web + Mobile, Mobile, Desktop, Web | Mobile, Web, Desktop |
User ratings
User ratings for HDFC Securities and Mirae Asset Sharekhan Limited across the key parameters.
| Rated on | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Fees | 4.3 better | 4.2 |
| Brokerage | 4.4 better | 4.1 |
| Trading platform | 4.7 | 4.7 |
| Customer service | 4.3 | 4.5 better |
| Research | 4.5 | 4.9 better |
| Overall | 4.4 | 4.5 better |
Investment options
Which investment products HDFC Securities and Mirae Asset Sharekhan Limited let you access.
| Parameter | HDFC Securities | Mirae Asset Sharekhan 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 Mirae Asset Sharekhan Limited.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Bracket Order | ✕ No | ✕ No |
| Cover Order | ✕ No | ✕ No |
| BTST | ✓ Yes | ✓ Yes |
| After Market (AMO) | ✓ Yes | ✓ Yes |
| GTC / GTT | ✓ Yes | ✓ Yes |
Safety & credibility
SEBI registration, financial strength and complaint record for HDFC Securities and Mirae Asset Sharekhan Limited.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| SEBI registration | INZ000186937 | INZ000174330 |
| NSE member code | 06586 | 10313 |
| Year of incorporation | 2000 | 2000 |
| Net worth | ₹3,300+ Crore | ₹8,615+ Cr* stronger |
| Exchange memberships | NSE · BSE · MCX | NSE · BSE · MCX · NCDEX |
| Latest complaint ratio | 0.175% | 0.033% fewer complaints |
Complaints record
Exchange complaint data for HDFC Securities and Mirae Asset Sharekhan Limited — the ratio matters more than the raw count.
| Parameter | HDFC Securities | Mirae Asset Sharekhan Limited |
|---|---|---|
| Latest financial year | 2025-26 | 2025–26 |
| Exchange | NSE | NSE |
| Active clients | 15,39,103 | 31,20,000+ larger base |
| Complaints filed | 2,690 | 1,020 |
| Complaint ratio | 0.175% | 0.033% 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.
Mirae Asset Sharekhan Limited
▲ Pros
- ✓ Backed by the globally recognized Mirae Asset Financial Group.
- ✓ Comprehensive research reports and investment recommendations.
- ✓ Supports investment in stocks, derivatives, commodities, currencies, mutual funds, IPOs, bonds, and ETFs.
- ✓ Advanced trading platforms for web, desktop, and mobile users.
- ✓ Large nationwide network of branches and relationship managers.
- ✓ Margin Trading Facility (MTF) available for eligible stocks.
- ✓ Strong educational resources, webinars, and investor learning programs.
- ✓ Reliable customer support through branches, phone, email, and chat.
- ✓ Suitable for both beginners and long-term investors.
- ✓ Offers integrated wealth management and portfolio advisory services.
▼ Cons
- ✕ Brokerage charges are higher than most discount brokers.
- ✕ Annual Maintenance Charges (AMC) apply for Demat accounts.
- ✕ Account opening process may take longer than fully digital discount brokers.
- ✕ Premium research and advisory services may involve additional charges.
- ✕ Advanced trading tools are more beneficial for experienced traders than casual investors.
- ✕ Intraday brokerage can be comparatively expensive for high-frequency traders.
- ✕ Fewer free investment tools compared to some newer fintech brokers.
- ✕ Some premium features are available only under higher-value plans or subscriptions.
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