An established full-service stock broker in India since 2000, HDFC Securities is one of the top names in the industry. HDFC Bank’s subsidiary HDFC Securities was founded. Customers can trade and invest in stocks, bonds, futures, options, buybacks, mutual funds, initial public offerings (IPOs), currency derivatives, commodities, stock portfolios, and more through the company. A SEBI-registered broker, HDFC Securities is a participant in the BSE, NSE, MCX, CDSL, and NSDL exchanges.
To enhance customers’ investment experiences hassle-free and simple, HDFC Securities offers trading services through a variety of trading platforms. Also available to customers are phone and branch visits for investing.
In addition to offering more than 30 products, HDFC Securities has more than 1,800,000 clients in a variety of industries. In India, the company has more than 270 branches.
The least expensive brokerage is charged by HDFC Securities, which costs Rs 20 per transaction for trading in derivatives and 0.10% per deal for equity delivery. A 3-in-1 account from HDFC Securities combines a trading, a savings bank, and a demat account. For all of their investments, customers will just require one account.
HDFC Securities USP
What distinguishes HDFC Securities from its rivals?
- One-stop shop for all of your investments;
- instant online, paperless account opening;
- several platforms and trading alternatives.
- Equity Delivery has the lowest brokerage at 0.10% each trade.
- In-depth Portfolio Tracking.
- Call &Trade service and 24/7 assistance.
- Use the enCash Facility to receive a payout of up to Rs 5 lakhs the same day.
- Service for Relationship Managers.
- Opening a 3-in-1 account.
HDFC Securities Charges
Opening a Demat Account with HDFC Securities is free
Brokerage for Delivery Based Trades
| Equity Segment | |
| Delivery Based Trades | Resident Indians – 0.50% or min Rs 25 or ceiling of 2.5% on transaction value (Both Buy & Sell) For NRI’s – 0.75% or min Rs 100 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Square-Off Trades Cash & Carry Scrips | 0.10% or min Rs 25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Square-Off Trades Margin Scrips | 0.05% or min Rs 25 or ceiling of 2.5% on transaction value (Both Buy & Sell) |
| Derivatives (Futures Market) | |
| Non-Square Off (Carry Forward) Trades | 0.05% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Square-Off Trades | 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Derivatives (Option Market) | |
| Brokerage | Higher of 1% of the premium amount or Rs 100 per lot (Both Buy & Sell) |
HDFC Securities Trading Software (HDFC Securities Trading Platforms)
Multiple investing platforms are provided by HDFC Sec. Both novice and seasoned investors can use these trading platforms. A browser-based trading website, a mobile trading app, and an installable trading terminal are all forms of trading software that are readily available.
- HDFC Securities website
Modern Web 2.0 technology was used to build the web platform, guaranteeing a seamless trading experience on both the BSE and the NSE.
- HDFC Securities Mobile App
All devices, including Android and iPhone models, are compatible with the mobile trading app. The mobile app offers a variety of functions, including regular notifications, quick IPO applications, investment tracking, live market news and data, and more.
- Pro-Terminal
Pro-Terminal is an installable software platform that provides traders with quick and effective performance. Users of HDFC Pro-Terminal receive real-time information and support for helping them make informed market decisions by collecting data from thousands of sources around the globe.
Additional Information
| Offline no. brokerage / registered AP. | 250 |
| Research & advisory services | Yes |
| Referral amount | Rs. 200 |
| API charges | NA |
| Call & Trade charges | NA |
Advantages and Disadvantages of HDFC Securities
Advantages of HDFC Securities
The advantages of HDFC Securities are as follows. Before opening an account with HDFC Securities, you must know the advantages and downsides of the company. The benefits and drawbacks of HDFC Securities can help you decide if it meets your needs for investments.
- There is a 3-in-1 integrated account option that combines banking, brokerage, and demat accounts. Due to this, HDFC’s trading platform is incredibly practical.
- Online purchases of IPOs, mutual funds, GOI bonds, insurance, and postal savings plans from a single website.
- The BSE and NSE both offer trading.
- A great platform for novice traders.
Disadvantages of HDFC Securities
The drawbacks of HDFC Securities are as follows. Check out the list of issues with HDFC Securities.
- HDFC Sec brokerage is exorbitantly expensive and non-negotiable.
- Commodity trading is not available through HDFC. HDFC cannot be used to trade at MCX or NCDEX.
- To open a Demat Account and a Bank Account in the 3-in-1 account, HDFC Bank Ltd. must be designated as the Depository Participant (DP) and HDFC Bank as the Banker, respectively.
- The HDFC charges a very high minimum brokerage fee of Rs 25 each trade. A minimum brokerage is not required by the majority of bargain brokers.
- For equities quoted up to Rs. 10, HDFC charges a flat brokerage fee of Rs. 0.05 per share. Trading in penny stocks becomes quite tough as a result.
HDFC Securities Complaint
The quantity of HDFC Securities consumer complaints that exchanges have received. The HDFC Securities Ltd.’s service reliability and quality are better-understood thanks to the company’s consumer complaint report.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
| NSE | 2022-23 | 1,063,911 | 182 | 0.02% |
| BSE | 2022-23 | 429,205 | 29 | 0.01% |
| NSE | 2021-22 | 1,141,264 | 251 | 0.02% |
| BSE | 2021-22 | 376,081 | 31 | 0.01% |
