HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account wi...
Stock Broker Review Ratings
221. Varun Gupta Feb 7, 2012 3:05:55 PM IST | Reply
I haven't tried any other broker yet. But till now, my experience with HDFC sec has been average. The trading page gets expired after every few minutes of idle time, which is irritating. Brokerage seems to be higher, if compared to other brokers. But as far as interface is concerned, I think it is good and user friendly.
I don't know how others' work, but HDFC's customer support is satisfactory for me.
220. deepak satam Dec 15, 2011 1:06:51 PM IST | Reply
it is truely waste of time trying to explain the needs of the client, one of the manager mr rahul...probably thinks that he is the only kingpin dealinng in securities...i have an account but having a word with mr Rahul on reduction of the brokerage i decided to immediately close the account with them, may be toady as the papers are ready...and 'shifting to GEOJIT. a very POOR experience at HDFC Securities
Brokerage - Very Poor Account Maintenance Fees - Below Average Website Usability - Average Customer Service - Very Poor Overall Experience - Very Poor
219. PARKASH SINGH Oct 21, 2011 2:59:22 PM IST | Reply
a/c maintenance fee is on much higher side comparatively. Brokerage is also on higher side. Website sometimes creates problems for along period. Customer service is average. Overall experience with the HDFCSEC.Ltd is very poor.
Brokerage - Below Average Account Maintenance Fees - Very Poor Website Usability - Average Customer Service - Average Overall Experience - Below Average
The website does not work in multiple browsers. The trading interface is very unintiutive.
Additionally - the downtime for this trading site is very high. They started an upgrade on Monday 17 Oct 2011 - and its still down today 19 Oct 2011.
72 HOURS of downtime is completely unacceptable for a paid service. Even "Free email services" are never down for more than a few hours, its appalling that a critical service of this sort is down for days. It just reflects on the state of the company's management and philosophy of negligence.
Brokerage - Average Account Maintenance Fees - Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
High brokerage rate is a crucial factor. It discourages trading on cash basis. The management gives option to trade through their Relationship Manager to avail concession in brokerage. The offer is quite funny. If the investor is trading on his own using the system why the management is tempted to recruit Relationship Managers on the one hand and giving concession in brokerage on the other to the account holders instead it can reduce the brokerage for the investors straight way. It will cost less to the Management. HDFC Securities listening?
Bank is charging now separately for DP account and trading account, Which are about Rs. 800. Brokerage is flat 0.50%, there is no concession appearing Customer Service takes longer time and does not provide appropriate informtion most of time. Overall it appears that Bank is targeting on customers bank balance and charging for each and every thing, even some banks are prviding the same without any cost.
Brokerage - Very Poor Account Maintenance Fees - Below Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Very Poor
I have opened a d-mat account. Can we get all info on how to operate this account? How do we do trading? what are all the options we have to use
206. vishnu narayan kenjale Dec 5, 2010 10:38:09 AM IST | Reply
I am having Demat account with MF GLOBAL I am having salary account with HDFC BANK. I wish to open trading accunt with SHAREKHAN. I make only deliverybase trading occasionaly. Is it necessary to open another demat account How much it will cost Secondaly i wish to use my GPRS enable mobile for trading is it viable
205. Do your homework Dec 3, 2010 2:39:01 PM IST | Reply
To all of you: DO YOUR HOMEWORK BEFORE TRADING
From reading all the comments below you are all more likely to loose than gain on the stock market.
204. Rashmi Bhatt Dec 2, 2010 6:23:04 PM IST | Reply
I have a demat account along with the S/B account with Alwal, Hyderabad branch.By the time the password for demat reached at our hyderabad address we moved to Suratgarh, dist: sriganganagar Rajasthan. How do I get my demat account activated.
HDFC securities desparatly need some good IT guys to stop the damage they are doing to the HDFC brand..
202. Rakesh Ramakrishnan Nambiar Nov 28, 2010 4:04:15 PM IST | Reply
hi i hv HDFC NRO account. how i can Link/open new DEMAT A/C? and i want to do online trading (Automatically TRADING charges to be Deducted and Profit to be added to this accound ) so pls guide me about your procedure and also i want to know abt brokage fees, so kindly i want information for how much amt is deducted for fund transfer, brokerage amt for selling and buy the shares.