HDFC Securities
selftrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
HDFC Securities was founded in 2000 and is headquartered in India, while selftrade was established in 2013 and is based in Australia. HDFC Securities holds licences including Securities and Exchange Board of India (SEBI), while selftrade is regulated by Financial Conduct Authority (FCA) among others. HDFC Securities serves 2,000,000+ clients worldwide; selftrade has 14,000,000+. The minimum deposit is $0 at HDFC Securities and $250 at selftrade.
| Feature | HDFC Securities | selftrade |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304 |
| Founded | 2000 | 2013 |
| Country | India | Australia |
| Clients | 2,000,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between HDFC Securities and selftrade, directly affecting your bottom line as a trader. HDFC Securities has a lower barrier to entry with a minimum deposit of $0 (vs $250 at selftrade). Both brokers charge withdrawal fees. HDFC Securities charges deposit fees; selftrade does not. Overall, HDFC Securities scores higher on fees in our assessment.
| Feature | HDFC Securities | selftrade |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
HDFC Securities offers MT4, MT5, cTrader, while selftrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | HDFC Securities | selftrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how HDFC Securities and selftrade compare. HDFC Securities runs regular live webinars; selftrade does not. Both provide video tutorials. HDFC Securities publishes daily market commentary; selftrade does not. Both integrate third-party research tools. HDFC Securities maintains an archive of past webinars for on-demand viewing. HDFC Securities scores higher overall in education and research.
| Feature | HDFC Securities | selftrade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. HDFC Securities accepts 1 of the tracked payment methods (bank transfer), while selftrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). selftrade uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. selftrade scores higher on deposit and withdrawal flexibility.
| Feature | HDFC Securities | selftrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both HDFC Securities and selftrade offer live chat support. Both provide phone support. Email support is available at both brokers. HDFC Securities supports 13 languages and selftrade supports 8, giving HDFC Securities broader global reach. Both brokers are comparable on support quality.
| Feature | HDFC Securities | selftrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |