Angel One
Discount / Full-Service HybridAccount opening₹0
AMC₹60 + GST per quarter (Free for First Year)
Intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5
Broker Comparison
Angel One vs HDFC Securities
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-08-23
HDFC Securities
Bank BrokerAccount openingFree
AMC₹750 per year
Intraday0.05%
Angel One vs HDFC Securities: Quick comparison
Key charges and account features side by side.
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| Feature | Angel One | HDFC Securities |
|---|---|---|
| Broker type | Discount / Full-Service Hybrid | Bank Broker |
| Account opening | ₹0 | Free |
| Annual maintenance | ₹60 + GST per quarter (Free for First Year) | ₹750 per year |
| Equity delivery | Flat Rs 20 or 0.1% (whichever is lower) | 0.50% |
| Equity intraday | ₹20 or 0.1% per executed order, whichever is lower; minimum ₹5 | 0.05% |
| Futures | ₹20 per executed order | 0.05% |
| Options | ₹20 per executed order | ₹100 per lot |
| Commodity | ₹20 per executed order | 0.02% for Intraday / 0.025% for Carry Forward (or ₹20 minimum) |
| Currency | ₹20 per executed order | ₹20 flat per contract |
| DP charges | ₹20 + 18%GST | ₹20 + GST |
| Auto Square Off | Same as brokerage charges. No additional penalty | ₹50 + GST per executed order |
| Call & trade | ₹20 / Order | ₹0 (Free) |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support. |
| Active Users | 66.33 lakh active clients on the NSE as of June 2026 | HDFC Securities has approximately 1.65 million active clients. |
About Angel One
Angel One is one of India’s leading retail stockbrokers, offering online trading and investment services. The company provides access to equities, commodities, currencies, futures and options, IPOs, mutual funds and other financial products through its digital platforms.
Angel One offers a unified trading app with advanced charts, portfolio tracking, research tools and multiple order options. Its wide network and digital account-opening process make the platform suitable for both new investors and active traders.
Under the Angel iTrade PRIME plan, equity delivery trades are brokerage-free, while intraday, futures, options, currency and commodity trades are charged at a flat rate of up to ₹20 per executed order. Angel One combines full-service features with competitive discount brokerage charges.
About HDFC Securities
HDFC Securities, incorporated in 2000, is a leading full-service stockbroker backed by HDFC Bank. It is a SEBI-registered intermediary and a member of major exchanges, including NSE, BSE, MSEI and MCX, while offering depository services through CDSL and NSDL.
The company allows customers to invest and trade in equity, derivatives, mutual funds, IPOs, ETFs, bonds, commodities, currencies and other financial products. Customers can access these services through HDFC Securities’ online platforms, mobile applications and assisted investment services.
HDFC Securities also offers a convenient 3-in-1 account that links an HDFC Bank savings account with a trading and Demat account. This enables automatic fund transfers and provides customers with a seamless way to manage their banking, investments and securities from an integrated account. Brokerage charges vary depending on the chosen plan, trading segment and applicable offer.
Trading Platforms & Tools
- Angel One offers multiple trading platforms and tools, including the Angel One mobile app, web trading platform and SmartAPI. These platforms provide advanced charts, technical indicators, watchlists, price alerts, basket orders, GTT orders, portfolio tracking and research insights to support both investors and active traders.
Products Offered
- Angel One offers a wide range of trading and investment products, including equity delivery, intraday trading, futures and options, commodities, currencies, mutual funds, IPOs, ETFs, bonds and other fixed-income products. It also provides margin trading facilities, SmartAPI and algorithmic trading services for active traders and developers.
Trading Platforms & Tools
- HDFC Securities offers the InvestRight mobile app and Trader’s Web platform for investing and trading in equities, derivatives, mutual funds, IPOs, ETFs and other financial products. These platforms include real-time market data, watchlists, portfolio tracking, advanced charts and research insights.
- HDFC SKY is its digital discount-broking platform, available through a mobile app and web platform. It provides TradingView-powered charts, technical indicators, multiple order types, portfolio tracking, watchlists, research reports and multi-asset trading facilities.
- Experienced traders and market researchers can use ProTerminal for advanced market analysis, real-time information, research tools and derivative strategies. HDFC Securities also provides assisted trading services for customers who prefer placing orders through its dealing desk.
Products Offered
- HDFC Securities offers equities, futures and options, commodities, currencies, mutual funds, ETFs and IPOs. It also provides bonds, government securities, fixed deposits, insurance and NPS investment options.
Angel One pros and cons
Pros
- Zero Account Opening Fee: Open a Demat and trading account without upfront charges.
- Low Brokerage: ₹0 equity delivery brokerage and flat ₹20 per executed order for intraday and F&O.
- Research & Support: Access to research insights, advisory tools, and customer support.
Cons
- Cluttered Interface: Frequent notifications and prompts may feel overwhelming for beginners.
- Annual Maintenance Charges: Demat AMC may apply after the introductory or free period.
HDFC Securities pros and cons
Pros
- Offers a convenient 3-in-1 bank, trading and Demat account.
- Provides a wide range of investment and trading products.
- Backed by HDFC Bank with strong research and customer support.
Cons
- Brokerage charges can be higher than discount brokers.
- Some advanced trading tools may feel complex for beginners.
Which broker should you choose?
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Broker Rating
Angel One
4.4/5
HDFC Securities
4.6/5
Read complete broker reviews
Frequently asked questions
Is Angel One safe for trading and investing?
Angel One is a SEBI-registered stockbroker and provides Demat and trading services in India. However, investments remain subject to market risks.
Is Angel One suitable for beginners?
Yes, Angel One offers a user-friendly app, educational resources, research tools and a digital account-opening process suitable for new investors.
What are Angel One’s brokerage charges?
Angel One charges the lower of ₹20 or 0.1% per executed order for equity delivery and intraday trades, subject to a minimum brokerage of ₹5. F&O trades generally cost ₹20 per executed order.
Is Angel One Demat account opening free?
Yes, Angel One currently offers online Demat and trading account opening at ₹0.
Does Angel One charge annual maintenance fees?
Angel One offers zero account maintenance charges for the first year. AMC may apply quarterly from the second year onward.
Can I invest in mutual funds through Angel One?
Yes, users can invest in mutual funds, equities, IPOs, ETFs and other investment products through the Angel One platform.
Does Angel One provide a GTT order facility?
Yes, Angel One allows users to place GTT orders through its trading platform.
Does Angel One offer margin trading?
Yes, Angel One provides a Margin Trading Facility that allows eligible users to purchase shares by paying a portion of the total trade value. Interest and other charges may apply.
Does Angel One support API and algo trading?
Yes, Angel One provides SmartAPI for automated trading, order execution, live market data and portfolio monitoring.
Can I close my Angel One account online?
Yes, users can submit an online account-closure request. Angel One states that account closure may take up to three working days after all requirements are completed.
Is HDFC Securities a trusted stockbroker?
Yes. HDFC Securities is a SEBI-registered full-service stockbroker backed by HDFC Bank and has operated for more than 20 years.
Does HDFC Securities offer a 3-in-1 account?
Yes. Its 3-in-1 account connects an HDFC Bank savings account with a Demat and trading account for convenient fund transfers and investments.
What products can I invest in through HDFC Securities?
Customers can invest in equities, futures and options, mutual funds, IPOs, bonds, ETFs, commodities, currencies and other financial products.
What is the difference between HDFC Securities and HDFC SKY?
HDFC Securities is a full-service brokerage platform offering research and assisted services, while HDFC SKY is its digital discount-broking platform with flat-fee pricing.
What brokerage does HDFC SKY charge?
HDFC SKY generally charges ₹20 per order or the applicable percentage-based limit, whichever is lower. Charges vary by trading segment and order type.
Is HDFC SKY account opening free?
Yes. HDFC SKY currently offers zero account-opening charges through a completely digital application process.
Does HDFC SKY charge Demat AMC?
Demat AMC is waived for the first year. After that, the published charge is ₹20 per month.
Which documents are required to open an account?
Applicants generally need a PAN card, identity and address proof, bank details and an Aadhaar-linked mobile number for online KYC.
Can I invest in mutual funds without a trading account?
Yes. HDFC Securities’ Digify platform allows eligible investors to invest in mutual funds without opening a Demat or trading account.
Can an existing HDFC Securities customer switch to HDFC SKY?
Yes, but the existing HDFC Securities account may need to be closed before switching. The account must have no open positions, pending orders, negative balance or remaining securities.