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HDFC Securities Vs Groww (Compare HDFC Securities and Groww)

About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust...

HDFC Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

Groww Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

HDFC Securities Vs Groww

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	HDFC Securities	Groww
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	NSE and BSE
Year of Incorporation	2002	2016
Number of Branches	270	0

HDFC Securities Vs Groww Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Groww account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Groww Demat Account AMC Charges is Rs 0.

	HDFC Securities	Groww
Trading Account Opening Charges	Rs 999	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 750	Rs 0

HDFC Securities Vs Groww Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	HDFC Securities Lite 199 Yearly Subscription Plan	Groww Standard Plan
Fixed Charges	Rs 199 per year	NA
Equity Delivery	0.32%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	0.032%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per trade	Rs 20 per executed order
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures		NA
Currency Options		NA
Commodity Futures		NA
Commodity Options		NA
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

HDFC Securities Vs Groww Brokerage Plan 2

	HDFC Securities	Groww
Account Type	Alpha 1,999	Standard Plan
Fixed Charges	Rs 1999 per year	NA
Equity Delivery	0.18%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	0.018%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per trade	Rs 20 per executed order
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures		NA
Currency Options		NA
Commodity Futures		NA
Commodity Options		NA

HDFC Securities Vs Groww Brokerage Plan 3

	HDFC Securities	Groww
Account Type	Alpha 4999 Yearly Subscription Plan	Standard Plan
Fixed Charges	Rs 4,999 per year	NA
Equity Delivery	0.10%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	0.010%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per trade	Rs 20 per executed order
Equity Options	Rs 20 per trade	Rs 20 per executed order
Currency Futures		NA
Currency Options		NA
Commodity Futures		NA
Commodity Options		NA

HDFC Securities Charges Vs Groww

Minimum Brokerage	Rs. 25 per order on equity segment	Rs 20 or 0.05% per executed order
Other Charges		Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Rs 0	NA

HDFC Securities Vs Groww Transaction Charges

HDFC Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

	HDFC Securities	Groww
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	(on premium)
Commodity	NA	NA

HDFC Securities Vs Groww Leverage (Margin)

HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	HDFC Securities	Groww
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)

Compare HDFC Securities and Groww Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Groww offers Groww trading software.

	HDFC Securities	Groww
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	Groww
Intraday Square-off Time	3:30 PM	3:10 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	E-Margin, ENCASH,

HDFC Securities Vs Groww Review

HDFC Securities is rated 2.1 of 5 based on 230 customer reviews whereas Groww is rated 3.9 of 5 based on 93 customer reviews.

	HDFC Securities	Groww
	230 Customer Reviews	93 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.1 of 5 based on 230 customer reviews	Groww is rated 3.9 of 5 based on 93 customer reviews

Contact Broker / Request A Call Back

	HDFC Securities Enquire	Groww Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

HDFC Securities Vs Groww Investment Options

	HDFC Securities	Groww
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading	Digital Gold, US Stocks, Fixed Deposits

HDFC Securities Vs Groww Order Type Offered

	HDFC Securities	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

HDFC Securities Vs Groww Research Report

	HDFC Securities	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

HDFC Securities Vs Groww Suitable For Investor Type

	HDFC Securities	Groww
Casual Investor
Active Investor
Trader

HDFC Securities Vs Groww - Pros and Cons

	HDFC Securities	Groww
Pros	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.	Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.
Cons	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. Doesn't offer trading in SME shares. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.
Reviews		Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
Promo / Offers	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews

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