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HDFCSec is one of the worst broker in India. lot of hidden charges and too many plans to charge customer. no straight forward charges or customer can never understand charges easily. I did derivative options trading and shocked to I was charged Rs.2 per unit (1 banknifty lot is 25 unit, charged Rs.50 per lot). One I did 150 lots and shocked to see I was charged Rs7500 as brokerage + GST + other charges. But before doing this trade I got sms that brokerage is revised and it will charged at 0.025%, I am not getting answer how it translates to Rs.2 per unit. most brokers charge only Rs.20 per order, even if I place 1 lot per order, my 150 lots would be charged only Rs.3000, where as hdfcsec charged Rs.7500. worst charges in the market... Reaching customer care is another big problem, every call will run for atleast half hour and representative have to put you on hold to get answer our questions. Please stay away from HDFCSec...

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor

Absolutely correct they are now cheating . Worst organisation