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 with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions.
HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and BSE, Trade on Futures & Options on the NSE and Online IPO Investment.
Features on HDFC Securities Online trading
Trade In: BSE and NSE
84 votes Rate HDFC Securities
Account Opening Fee: Rs 999 (Including trading account, bank account and DP account with HDFC)
Please note: For HDFC Bank savings account minimum balance (Average Quarterly Balance) of Rs 10,000 (Metro / Urban) or Rs 5000 (Semi-Urban / Rural) is required. If you already have Saving account or DP account with HDFC, you could link them with trading account.
|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)|
|Service Tax||10.30% on Brokerage|
|Securities Transaction Tax (STT)||0.125% of transaction value (Both Buy & Sell)|
|Stamp Duty||0.01% on turnover|
|SEBI Turnover Tax||0.0001% on turnover|
For Online Stock Trading with HDFC, investor needs to open 3 accounts; HDFC Bank Account, HDFC Trading Account and HDFC Demat Account. Opening trading account with HDFC is easy. You could use one of the following options to open account with HDFC:
In both the cases HDFC representative contact you in a day or two and tell you about the procedure to open the account. They usually send somebody to your home to collect documents, signature and for demo if required.
Document Required to open account with HDFCsec Any Indian resident/non resident individual NRI (except for the US NRIs) or an Indian Corporate can register with HDFCsec. Following documents are required to open accouunt with HDFCsec.
The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
Number of customer complaints lodged against share broker HDFC Securities:
|Exchange||Financial Year||Number of Clients *||Total Complaints **|
* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.
** The total number of complaint received against the broker at the given exchange.
Broker complaints in India - Year wise complaints received by exchange
|HDFC Securities Vs ICICIDirect||HDFC Securities Vs Sharekhan||HDFC Securities Vs Indiabulls Securities|
|HDFC Securities Vs India Infoline (IIFL)||HDFC Securities Vs Motilal Oswal||HDFC Securities Vs Reliance Securities|
|HDFC Securities Vs IDBI Paisabuilder||HDFC Securities Vs Religare||HDFC Securities Vs Geojit|
|HDFC Securities Vs Networth Direct||HDFC Securities Vs Kotak Securities||HDFC Securities Vs Standard Chartered|
|HDFC Securities Vs Angel Broking||HDFC Securities Vs HSBC Invest Direct||HDFC Securities Vs Comfort Securities|
|HDFC Securities Vs Just Trade||HDFC Securities Vs Zerodha||HDFC Securities Vs SBI Securities|
|HDFC Securities Vs Ventura||HDFC Securities Vs RK Global||HDFC Securities Vs Compositedge|
|HDFC Securities Vs RKSV||HDFC Securities Vs Trade Smart Online||HDFC Securities Vs SAS Online|
|HDFC Securities Vs MyValueTrade||HDFC Securities Vs SMC Global||HDFC Securities Vs Tradejini|
|HDFC Securities Vs Wisdom Capital||HDFC Securities Vs Achiievers Equities||HDFC Securities Vs Anand Rathi|
|HDFC Securities Vs Procon Capital||HDFC Securities Vs Upstox|