IIFL vs HDFC Securities vs Angel One

• Click on “Open Demat Account” 

• Select online and a form will open

• Fill in the mandatory details and submit the form

• Within two working days, you'll receive a call from an HDFC representative to verify the details and you will be asked to send identity and address proofs through emails

• Finally, You will receive a successful account of your registered mobile number.

Indeed, HDFC does provide a Demat account. It has more than 2 million Demat accounts and more than 3500 Demat centres network. 

It provides two types of Demat account- Basic Services Demat Account and Normal Demat account.

Angel One is known as the largest full-service retail broker of India. With more than two decades of broking experience, Angel One has effectively managed to have a pan-India presence in over 1800 cities and towns. Angel One, with its modern technology and functional trading platform, serves their best when it comes to investment and trading advisory services. And it is also known for its transparent working policies and ethical practices.

You can open a Demat account in Angel One in 2 ways:

1. Online Account Opening (Digital KYC)

• Go to the Angel One website and go to the account opening page. 

• Fill the application form, submit all the essential documents for In-person KYC verification and identity verification.

• Pay the charges associated with the Demat account.

• On the complete verification of the document, your Demat account opens, the confirmation mail will be sent to you on your registered mail ID.

2.  Visit Angel Branch Office.

Angel One offers account opening through the online Digital Know your Customer (D-KYC) process. It takes 24 hours to get the activation details. This is the fastest way of opening a Demat and trading accounts.

The IIFL Securities is a SEBI registered broker and is a member of NSE, BSE, MCX, and NCDEX. It is considered as one of the best brokers in the country when it comes to its trading platforms like the IIFL Markets Mobile app. IIFL provides one of the best research & advisory, investment solutions, and a personalized Portfolio Management Service to its customers.

IIFL securities is one of the largest independent full-service retail and institutional broking houses in India and is a trusted and well-known name in the stockbroking industry. With almost 25 years, serving over 2.3 lakh active clients in the industry, IIFL securities is a SEBI registered stockbroker with all required certifications and memberships. 

The company is trusted by its customers due to its strong brand name, values of the management, easy-to-use trading platforms, and advisory services. Hence the company can be considered as quite fair and as a customer, you can rely on IIFL Securities with your long term investments.

Nirmal Jain, the founder and executive chairman of the IIFL Finance Ltd is the current Chief Executive Officer (CEO) of IIFL, who was appointed to the post in June 2020.