HDFC Securities Review, Brokerage Charges, Demat Account, Trading Platforms & more
Last Updated Date: Jan 05, 2024HDFC Securities is an Equity Trading Company of HDFC Bank. They are one of the biggest online trading platforms established in India.
This article will discuss HDFC Securities Review, trading platforms, brokerage charges, advantages, demat account, trading account, offers, products, plans, services, and many other important aspects.
Table of Contents
- Rating & Review
- Overview
- Brokerage Charges
- Other Charges
- Account Opening Charges
- Offers
- Account Opening Process
- Products & Services
- Research & Tips
- Exposure
- Trading Platforms & Apps
- Customer Care
- Complaints
- FAQs
- Open an Account with HDFC Securities Now!
HDFC Securities Ratings & Review by Top10StockBroker
HDFC Securities Ratings | |
Experience | 8.9 / 10 |
Trading Platform | 8.5 / 10 |
Product & Services | 8.4 / 10 |
Brokerage Charges | 8.0 / 10 |
Research | 8.0 / 10 |
Overall Rating | 8.42 / 10 |
Star Rating | ★★★★☆ |
About HDFC Securities
Overview | |
Company Type | Public |
Broker Type | Full-Service Broker |
Headquarters | Mumbai, India |
CEO | Dhiraj Relli |
Established Year | 2000 |
HDFC Securities integrates your Bank account with your Demat and Trading and lays down the smoothest trading experience you can expect. The entity is in business for over two decades.
The funds or shares would seamlessly move from the linked HDFC Demat account, or HDFC Bank accounts to execute the transactions on time.
HDFC Securities also provides features like Day trading on both NSE and BSE, Cash-n-Carry on both NSE and BSE, Trade on Futures or Options on NSE and online IPO Investments.
HDFC Securities is a highly renowned financial service-providing company located in India. It is a subsidiary of the leading private bank- HDFC.
The full-service broking company was established in the year 2000. As a stock broking company, it has been serving a customer base of institutional and retail clients since 2000.
HDFC Securities is one of the Best brokers for trading which not only provides flexibility in trading but also answers the customers’ queries immediately.
The company has around 250+ branches that can be visited to resolve any trading-related queries quickly.
Open Demat Account with HDFC Securities – Fill up the Form
HDFC Securities Brokerage Charges
The table given below provides the entire information regarding HDFC Securities brokerage charges-
Brokerage Charges & Fees | |
Equity Delivery | 0.50% or min Rs.25 |
Equity Intraday | 0.05% or min Rs.25 |
Equity Futures | 0.05% or min Rs.25 |
Equity Options | Rs 100 per lot or 1% of the premium (whichever is higher) |
Currency Futures | Rs 23 per contract |
Currency Options | Rs 20 per contract |
Commodity | 0.02% for Intraday / 0.025% for positional |
Minimum Brokerage | Rs.25 |
Demat AMC Charges | Rs.750 per Annum |
Trading AMC Charges | Rs.0 per annum |
Margin Money | 75% Margin |
HDFC Securities is a top-notch stockbroking house that offers various financial services to investors.
The company has some custom-made brokerage charges to charge customers according to their investment requirements and goals.
It charges 0.50% or min Rs.25 for equity delivery trading, 0.05% or min Rs.25 for equity intraday trading, equity futures trading and currency futures trading.
Its brokerage charges for equity options and currency options trading are Rs.100 per lot or 1% of the premium, and it can also take a higher amount.
Moreover, the stockbroking house charges Rs 750 per year for demat account maintenance and Rs. 0 for trading account maintenance. The margin money taken by the company is a minimum of 75% Margin.
For a detailed calculation of brokerage & other charges, check out our HDFC Securities Brokerage Calculator.
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HDFC Securities Charges
The table given below is detailing about the other charges customized by the broking house-
Segment | Other Charges |
SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) |
STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side *Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell-side (Non-Agri) Commodity Options: 0.05% on sell-side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell-side |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Margin Funding Charges | 75% Margin |
Reactivation Charges | Rs 50 per instruction |
Account Closure Charges | Rs 60 per instruction |
Dematerialisation Charges | Rs 5 per certificate + Rs 35 per request |
Pledge Creation | If Pledge is marked in favour of HDFC Bank, 0.02% of the value of the Txn. |
Pledge Invocation | If Pledge is marked to other than HDFC Bank, 0.04% of the value of the Txn. |
Margin Pledge/Unpledge/ Pledge closure | Rs. 17.5 per scrip |
Margin Repledge | Rs. 15.5 + Rs. 15.5 (Rs. 31 per scrip) |
Along with brokerage charges, HDFC Securities do levy some other charges including- 0.00325% of total turnover as transaction charges, 0.0126% of total turnover as STT charges, 0.0005% of total turnover as SEBI charges, stamp duty charges totally rely on the state and GST charges are 18% of the total (brokerage + transaction charges ).
All the above charges are customised according to the stock market value which will not affect your investment portfolio ever.
To know in detail, just click on this link HDFC Securities Brokerage & Other Charges.
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HDFC Securities Demat Account Opening Charges
The table chart provided below is detailing about the account opening charges of HDFC Securities:
Demat Services | |
Trading Charges [One Time] | Rs 0 |
Trading AMC [Yearly] | Rs 0 |
Demat Charges [One Time] | Rs 0 |
Demat AMC [Yearly] | Rs 750 |
Margin Money | 75% Margin |
HDFC Securities is one of the best platforms where customers offer qualitative and cost-effective trading products. The company also provides flexibility and convenience in opening accounts for making investments.
It charges Rs.0 initially for opening an account, and after that, it charges Rs. 750 every year for demat account maintenance and Rs.0 for trading account maintenance.
And for security, the company charges a 75% Margin as margin money from the customers. It also offers offline to online trading options for ease and flexibility. Most importantly, its depository source is NSDL & CDSL.
To know in detail, just click on this link HDFC Securities Demat Account.
How to Open Demat Account with HDFC Securities?
To open up a dematerialized account with HDFC Securities is very simple and easy. You are just required to follow the steps given below:
- You are required to fill up the lead form to open Demat account.
- After filling up the lead form accurately, you need to click the submit icon to lodge the demat form.
- Once the form is submitted to the company, its executives will call you for further verification.
- After that, you will be required to upload your KYC documents, including- age proof, address proof, aadhaar card, PAN card and photograph.
- Once you send KYC documents, the company will call you for account opening confirmation.
- After that, you will be able to use your account and get log in details.
Open Demat Account with HDFC Securities – Fill up the Form
Why Open HDFC Securities Trading Account?
A trading account usually plays a vital role in buying and selling stocks. Usually, the dematerialized account is created to safeguard securities, but the trading account assists in handling and managing all the stocks or trades.
Opening up an HDFC Securities Trading Account is very easy and beneficial. The list of opening up a trading account benefits is given below:
Interest Priority: The stockbroking company initially knows about the investors’ interests and financial goals and accordingly provides a 360° vision of fund planning options that suits your future goals and requirements.
One-stop destination for Making Investments: The company provides an entire spectrum of financial products and services for asset segments, including- debt, gold, equity, and real estate.
The company offers products as per the needs and requirements of the investments. Its product offerings include- derivatives, fixed deposits, mutual funds, insurance, currency, NCDs, etc.
Multiple Trading Platforms and absolute trading: HDFC Securities offers various platforms to choose from and makes the trading journey seamless and unbelievable. Investors can trade through telephone, mobile and any of HDFC branches.
Tracking Investment Portfolio: Making investments in various segments is not enough; it is also essential to track the investment portfolio regularly. Tracking regularly can build a robust portfolio.
The company allows users to use a portfolio tracking system to monitor various asset segments.
Transparency: The company enables customers to make the right investment decisions and track their portfolios independently.
The company executives are constantly trying to provide trading services with transparency. They provide cost-effective and qualitative investment services to clients to quickly reach their financial goals and objectives.
HDFC Securities Offers
Offers | |
Free Demat Account | No |
Free Trading Account | No |
Discount on Brokerage | No |
Trading Happy Hours | Yes |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | No |
Holiday Offers | No |
Referral Offers | No |
Zero Brokerage for Loss-Making Trades | Yes |
HDFC Securities always endeavours to offer quality-made products to investors for enormous satisfaction and convenience. It usually helps users in fulfilling their investment needs and requirements.
HDFC Securities has been offering efficient services backed by attractive offers. Here is the quick list of offers provided by Top Full-Service Brokers–
- The company provides trading happy hours to the customers for easy trading.
- It offers flexible brokerage plans for making the trading experience even better.
- The best part about the company is it does not charge any brokerage for loss-making trades.
Demat AMC of Rs.750 waived for 1st year: HDFC securities waive for first AMC charges, and from the second year onwards, the user is charged 750 INR annually.
HDFC Securities Products & Services
Find below the various products & services provided by the broking house.
HDFC Securities Products
The table provided below is giving information regarding HDFC Securities product offerings:
Products | |
Equity Trading | Yes |
Commodity Trading | No |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | Yes |
Banking | Yes |
SIP | Yes |
Insurance | Yes |
HDFC Securities is the biggest stock booking house available across India. It provides users with the best trading products and services in order to satisfy them to the great extent.
Normally, the company today is popular in the stock market due to its delivery of trading services and products. It assures people good trading experience with its investment products.
The company offer various investment products including-
- Equity trading
- Currency trading
- Options trading
- Futures
- Mutual funds
- Forex
- Banking
- SIP
- Insurance
All of the trading products provided by the company to the customers are really impressive. All these products usually assist users to build up a strong and robust investment portfolio.
Normally, a robust investment portfolio pushes users to achieve his/her financial goals easily and flexibly. The company’s seamless investment services make the trading experience really impressive and amazing as well.
HDFC Securities Services
The table chart given below is detailing an about the services provided by the company as follows –
Services | |
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Account | Yes |
Intraday Services | Yes |
IPO Services | Yes |
Stock Recommendations | Yes |
Robo Advisory | No |
PMS | Yes |
Trading Institution | No |
Trading Exposure | Upto 5x |
HDFC Securities is good at offering qualitative trading and investment services to all users. It usually makes trading exciting and easy by providing convenient services.
It is usually good at offering portfolio management services through which clients can make wise and flexible investment decisions.
The PMS also helps people manage their investment portfolios with ease and convenience. Qualitative demat services and trading services are also provided to the customers for immense satisfaction.
Flexible demat and trading account opening services make the entire trading process more accessible and seamless.
Apart from that, the company also offers customized IPO services, intraday services and stock recommendations to reach their financial goals easily.
The best thing about the company is that it enables users to open up a 3 in 1 account with ease and flexibility and offers trading exposure of up to 5x.
HDFC Securities Research & Advisory
The table given below is detailing about the HDFC Securities research & advisory –
Research & Advisory | |
Fundamental Reports | Yes |
Research Reports | Yes |
Company Reports | Yes |
Annual Reports | Yes |
Company Stock Review | Yes |
Free Stock Tips | No |
IPO Reports | Yes |
Top Picks | No |
Daily Market Review | No |
Monthly Reports | Yes |
Weekly Reports | Yes |
Offline Advisory | Yes |
Relationship Manager | Yes |
HDFC Securities is a comprehensive stock broking company that enables users to make robust investment portfolios and earn maximum profit.
For huge convenience and satisfaction, the company provided fundamental reports, research reports, company reports, annual reports, IPO reports, monthly reports and weekly reports.
It is also good at providing impressive offline advisory and company stock reviews to better your trading process. Apart from this, the company assigns a relationship manager who can assist you at every step of trading.
HDFC Securities Exposure / Leverage
The below table provides the entire details regarding HDFC Securities Exposure or Leverage –
Exposure / Leverage | |
Equity Delivery | 1x |
Equity Intraday | 5x |
Equity Futures | 1x |
Equity Options | 1x |
Currency Futures | 1x |
Currency Options | 1x |
Commodities | 1x |
The stockbroking house is good at providing exposure up to 5x. It is good at offering qualitative and the highest leverage on equity intraday, equity options and equity delivery.
HDFC Securities Margin Calculator will help you to calculate how much margin you will get if you invest or trade with HDFC Securities.
How to transfer shares in HDFC Securities from other Stock Brokers?
Many investors tend to open demat accounts with different brokers, and it becomes tricky to track these demat accounts in the long term.
Consolidating all the shareholdings in a single account allows the investors to look at a comprehensive picture of their investment.
Now it is possible to transfer shares online and offline from one demat account to another. Let’s have a look at the procedures:
The share can be transferred with the online facility of the “Easiest” platform. Users had to register on the platform on the CDSL website and mention their existing demat account credentials. A trusted account had to be added where the shares needed to be transferred in the future. The account is added in 24 hours, and the user can start transferring securities from the old demat account to his new one.
For the offline procedure, the user had to visit the old broker office and fill DIS or Delivery Instruction form along with other Demat account details.
HDFC Securities Trading Platforms
HDFC Securities is the most popular company that offers various trading platforms for seamless trading.
Here are some trading platforms offered by HDFC Securities:
Trading Platforms | |
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
Mobile Site Platform | Yes |
Android App Platform | Yes |
iOS App Platform | Yes |
Windows App Platform | No |
Other Mobile OS Platforms | No |
Real-time Updates | Yes |
Portfolio Details | Yes |
Online MF Buy | Yes |
News Flash | Yes |
Research Reports | Yes |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | Yes |
Interactive Charts | Yes |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi-Account Management | Yes |
Let’s go through each n every trading platform of this banking broker –
HDFC Securities Pro Terminal – HDFC Securities Trading Terminal
HDFC Securities is one of the biggest stockbroking companies available, providing convenient trading services to its customers for years.
With the ongoing growing endeavour, the company has designed a new ProTerminal software for its privileged customers to offer more trading flexibility.
With this software, users can regularly analyse the stock market. This kind of trading platform is designed for traders, analysts and researchers to make them know everything about the stock market.
This modern technology software is customised for collecting data, reliability, performance and accuracy from a thousand sources worldwide. It offers real-time and ready-to-use information to traders. It helps in making the right investment decision.
The Proterminal trading platforms features are provided below:
- It enables users to deeply understand and analyse the stock market trends and make trading decisions accordingly.
- Users can predict the future of the stock market along with the data.
- It offers comprehensive study as well as research-oriented output.
- You can have updated news on the stock market.
- Real-time 360° stock market news.
HDFC Securities Blink Trade – HDFC Securities Online Trading Platform
Blink trading platform is all that you require in this competitive world. This assists users in amplifying the trading experience to a great extent.
It also speeds up trading in the futures & options segment and equity. The Blink subscription will assist users in enjoying the additional benefits of the mPowered trading platform.
Its facility will be integrated by default into your stock market watch. The features of the BLINK trading platform are given below-
- Fast buying and selling of stocks
- Enables real-time monitoring of price movement.
- This platform is designed to assist traders with investment decisions.
- It has a single screen for placing orders in F&O and equity.
- Monitor Transaction- trade book, order book, net position.
HDFC Securities App – HDFC Securities Mobile Trading App
HDFC Securities provides a mobile trading application for a convenient and flexible trading process. It enables users to stay on top of the market buy and sell stocks in shares and derivatives.
The features of the HDFC mobile trading application are listed below-
- Easy trading
- Customised SIP in ETF and Shares in a few minutes
- Exhaustive portfolio
- Live market data and market news.
- Regular research calls
- Interactive Demos.
- Timely updates
HDFC Securities Smallcase
SmallCase is another effective trading platform which assists users to invest in state-of-the-art investment products. Modern trading products help users construct a diversified, long-term and low-cost investment portfolio.
The features of the SmallCase trading platform are given under-
- The trading platform allows users to invest in all constituent stocks with just 1 click.
- Tracking & monitoring of stocks is effortless and secure with this platform.
HDFC Securities Voice-Enabled Investing
Voice-Enabled Investing is the most convenient trading platform that allows investing in mutual funds and equities.
The company’s voice assistant (Arya) used to lead via voice IoT devices in the specific broking space to assist with this software. They manage to give voice commands as per the needs and requirements of the investors.
Here is the list of features associated with Voice-Enabled Investing is as follows-
- Users will get help from Arya to invest in equities and mutual funds.
- Only a mobile number is required to open up a trading account.
HDFC Securities Digify
HDFC Securities have recently introduced the Digify trading platform, which focuses on mutual fund investments. The platform usually assists users in investing in mutual funds quickly and without any problem.
Apart from making investments in mutual funds, this platform also enables users to easily access their portfolios, track and manage investments, and withdraw them anywhere anytime.
Digify is a 100 per cent online platform designed for making investments in mutual funds. Start investing in mutual funds online and create a handsome profit amount.
Here are some reasons why you should invest in mutual funds with dignify-
- Easy portfolio tracking.
- Offer tax-saving solutions to ELSS users.
- Definitive choice of funds.
- Provide various methods for making investments.
- Users can open mutual funds investment accounts for free with Dignify.
- Users can access, manage and track their portfolio anywhere, anytime.
Invest in US Stocks: HDFC Securities has partnered with Stock, a renowned US-based fintech platform, allowing clients to invest in various US stocks already listed in Nasdaq.
Premia: HDFC securities offer personalised assistance to their clients under the Premia sub-heading. The service is for individuals with unique investment styles and financial goals.
HDFC Securities Customer Support
The table given below provides information regarding HDFC Securities Customer Support –
Customer Support | |
Dedicated Dealer | Yes |
Offline Trading | No |
Online Trading | Yes |
24*7 Support | No |
Email Support | Yes |
Chat Support | No |
Toll-Free Number | 1800 425 4332 |
Branches | 156 |
HDFC Securities is usually good at providing good customer support to all its clients. It provides online trading services. Its customers can email company executives regarding any trading issue.
Apart from that, customers can call on the company’s toll-free no. to resolve all kinds of queries. It has more than 153 branches through which customers can get physical support.
HDFC Securities Complaints
The table chart given below provides the details about HDFC Securities Complaints:
Complaints (Current Year) | |
Lodged in BSE | 194 |
Resolved in BSE | 189 |
Lodged in NSE | 226 |
Resolved in NSE | 215 |
As per the table given above, the company has performed exceptionally well in the stock market. The complaints lodged by the customers are resolved in time.
BSE has received 194 complaints and NSE has received 226 complaints.
But the company needs more improvement in providing the services because it has some complaints left which are not yet resolved according to the above-given information.
HDFC Securities Disadvantages
With impressive privileges, the company has some disadvantages also, which are listed below-
- The company does not provide flexibility in the brokerage calculator.
- Does not provide a daily stock market review to the customers
HDFC Securities Conclusion
The four-star stock broking companies provide all the beneficial financial services to the clients. It offers qualitative investment products and services to provide immense satisfaction to customers.
The main aim of this company is to give a clear vision to the clients regarding investment decisions.
If you are looking for any investment services providing company, go through HDFC Securities and get reliable investment products and services
HDFC Securities Review FAQs
Here is the list of FAQs related to the HDFC securities review:
Is HDFC Securities safe for trading?
Yes, this brand name itself carries the tag of trust, and they have a record of rendering splendid services for a long time.
They have a high reach in the finance world since they are highly trusted and are indeed a great place to start your trading journey.
What is the brokerage of HDFC Securities?
They are full-service brokers and charge on a percentage basis. Intraday, Futures, and Currency Futures are the same, i.e. 0.05% or min Rs.25, 0.50% or min Rs.25 for Delivery and Rs.100 per Lot or 1% of Premium (Takes a higher Amount) for Equity Options and Currency Options.
How to open HDFC Securities demat online?
- Start the process and click on the green button – “Open Demat Account”.
- You will now see a pop-up form on the screen, fill it up and then go through the following EKYC process.
- For a detailed step-by-step process, refer to the article provided above.
- Can I invest in an IPO via HDFC Securities?
- Yes, HDFC Securities also has IPO services included in the list of products and services they offer.
- So, in a manner, you are highly facilitated with the easy process of investing in an IPO.
- Make sure you make yourself well accustomed to the terms and conditions of IPO investment.
What Leverage does HDFC Securities provide?
The Leverage or exposure provided to the investor varies, and the basis is on the segment and other factors. Starting with the segment which provides the highest Leverage, we have intraday with 5x exposure.
The following segments, i.e. Delivery, currency options and commodities, provide up to 1x exposure. Futures, currency futures, and equity options provide up to 1x each.
Does HDFC Securities have a trading App?
Yes, of course, if you are a client of this stockbroker, you will be provided with the assistance of investing through an app.
The app is straightforward to use and has many features that are in line with the technology and the present need of investors, including trading on the go.
How to contact HDFC Securities customer care?
There are multiple online as well as offline mediums to contact the broker. For the online mediums, you have email support options and a toll-free number to connect with the broker regarding any help.
Chat support is excluded from the list.
Does HDFC Securities provide Research?
Yes, you can highly expect this service from HDFC Securities, as they are complete services stockbrokers who provide full-fledged trading activities.
You can avail yourself of their help, i.e. through stock recommendations and investment tips from the industry’s experts.
Is HDFC Securities Suitable for Beginners?
This is an excellent option for investors who started with stock market trading. They are highly reliable, and hence, a beginner can trust this brand. Also, the research and advisory services are an add-on.
However, high brokerage and other charges must be looked upon as well.
Who Founded HDFC Securities?
It is a financial service intermediary and a subsidiary of the HDFC bank. They are one of the strong market players known for the quality services they provide.
Dhiraj Relli holds the present position of MD and CEO.