HDFC Securities vs Mirae Asset Sharekhan

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
Mirae Asset Sharekhan
Full-Service Broker · since 2000
Mirae Asset Sharekhan

HDFC Securities vs Mirae Asset Sharekhan — quick verdict

Choose HDFC Securities if

You want research and offline support

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Choose Mirae Asset Sharekhan if

You want research and offline support

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Company overview

HDFC Securities is a full-service broker incorporated in 2000; Mirae Asset Sharekhan is a full-service broker incorporated in 2000.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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 compared side by side.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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 price each trading segment, per executed order.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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, per segment.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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 — AMC, debit transactions, pledging and remat.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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 across the key parameters.

Rated onHDFC SecuritiesMirae Asset Sharekhan
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 let you access.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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 — the ratio matters more than the raw count.

ParameterHDFC SecuritiesMirae Asset Sharekhan
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

▲ 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.

Explore more comparisons

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.