B

HDFC Securities

6.9/10

Startrader

8.1/10
5/10RegulationWinner9/10
10/10FeesTied10/10
9/10WinnerPlatforms6/10
10/10Education & ResearchTied10/10
1.5/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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 Startrader was established in 2011 and is based in Hong Kong. HDFC Securities holds licences including Securities and Exchange Board of India (SEBI), while Startrader is regulated by Financial Conduct Authority (FCA) among others. HDFC Securities serves 2,000,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $0 at HDFC Securities and $50 at Startrader.

Startrader wins this category
FeatureHDFC SecuritiesStartrader
Min. Deposit$0$50
RegulationSecurities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeFinancial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA)
Founded20002011
CountryIndiaHong Kong
Clients2,000,000+500,000 +

Fees

Fees are a critical factor when choosing between HDFC Securities and Startrader, directly affecting your bottom line as a trader. HDFC Securities has a lower barrier to entry with a minimum deposit of $0 (vs $50 at Startrader). Both brokers charge withdrawal fees. HDFC Securities charges deposit fees; Startrader does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureHDFC SecuritiesStartrader
Min. Deposit$0$50
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoYes

Platforms

HDFC Securities offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. HDFC Securities offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. HDFC Securities edges ahead on platform breadth and functionality in our scoring.

HDFC Securities wins this category
FeatureHDFC SecuritiesStartrader
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesNo
Android AppYesNo
Trading PlatformsWeb Trader, Tablet & Mobile appsMT4, MT5 and Web Trader

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how HDFC Securities and Startrader compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureHDFC SecuritiesStartrader
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports credit/debit card and Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.

Startrader wins this category
FeatureHDFC SecuritiesStartrader
Bank TransferYesYes
Credit CardNoYes
PayPalNoNo
SkrillNoYes
NetellerNoYes

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 Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. HDFC Securities supports 13 languages and Startrader supports 2, giving HDFC Securities broader global reach. Both brokers are comparable on support quality.

Tied
FeatureHDFC SecuritiesStartrader
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, TurkceEnglish, Chinese