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HDFC Securities Stock Trading, Demat, Brokerage and Reviews 2020


0.84% 726,197 Clients

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

  1. Seamless Transactions - By integrating your accounts, we ensure minimal waste of time during movement of your funds and shares.
  2. Speed - Orders are placed electronically, so proceeds are available instantly.
  3. No manipulation - To prevent any mismanagement, we will send you an email confirmation, the minute your order is executed.
  4. Safety and Security - HDFC Securities offer the highest level of security such as 128-bit encryption technology.
  5. Dedicated and Separate contact numbers - for trading over the phone as well as for customer care.

Trade In: BSE and NSE

HDFC 3-in-1 Account

HDFC Bank's 3-in-1 Account offers seamless investment opportunity. It is combination of a bank account, a trading account and a demat account. All these account are linked together and operate seamless as 1 account.

When a customer buy a stock, the money is withdrawn from bank account and shares are deposited in demat account. In the same way when shares are sold using trading account, the shares are withdrawn from demat account and money gets deposited in HDFC Bank account.

HDFC Securities Special Offers

HDFC 3-in-1 Account

HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: ₹750 demat account AMC is waived when you open your 3-in-1 account.

Interested in opening a trading account? Request Callback from a stock broker.


HDFC Securities Charges 2020

Account Opening Fee: ₹999 (Including trading account, bank account and DP account with HDFC)

Please note: For HDFC Bank savings account minimum balance (Average Quarterly Balance) of ₹10,000 (Metro / Urban) or ₹5000 (Semi-Urban / Rural) is required. If you already have Saving account or DP account with HDFC, you could link them with trading account.

Brokerage for Delivery Based Trades

Equity Segment
Delivery Based Trades Resident Indians - 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
For NRI's - 0.75% or min ₹100 or ceiling of 2.5% on transaction value (Both Buy & Sell)
Square-Off Trades Cash & Carry Scrips 0.10% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
Square-Off Trades Margin Scrips 0.05% or min ₹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 ₹25 or ceiling of 2.5% of transaction value (Both Buy & Sell)
Square-Off Trades 0.025% or min ₹25 or ceiling of 2.5% of transaction value (Both Buy & Sell)
 
Derivatives (Option Market)
Brokerage Higher of 1% of the premium amount or ₹100 per lot (Both Buy & Sell)

Other Standard Charges on Trades

Goods and Services Tax (GST) 18% on Brokerage
Securities Transaction Tax (STT) 0.125% of transaction value (Both Buy & Sell)
Stamp Duty 0.01% on turnover
SEBI Turnover Tax ₹5 per Crore on turnover

Useful Articles:

Visit HDFC Securities Brokerage Charges Review for more detail.

Special Offer: ₹750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

How to open account with HDFC Securities Ltd?

For Online Stock Trading with HDFC, investor needs to open 3 accounts; HDFC Bank Account, HDFC Trading Account and HDFC Demat Account. Opening a trading account with HDFC is easy. You could use one of the following options to open account with HDFC:

  • Visit hdfcsec.com and fill the "Open Trading A/C" form.
  • Call HDFC and tell them that you are interested in opening an account with them.

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.

  1. One passport size photograph.
  2. Copy of PAN card.
  3. Identity proof - copy of passport or PAN card or voter ID or driving license or ration card.
  4. Address proof - copy of driving license or passport or ration card or voter card or telephone bill or electricity bill or bank statement.

HDFC Securities Trading Software

HDFC Sec offers multiple investment platforms. These trading platforms are personalized for beginners and experienced investors. Available trading software's include install-able trading terminal, browser based trading website and mobile trading app.

HDFC Sec Trading Platform

 

Visit HDFC Securities Trading Software Review for more detail.

Contact HDFC Securities / Request Call Back

₹750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

Name:Phone
EmailCity
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Are you a day trader?

HDFC Securities Advantages

The following are the advantages of HDFC Securities. You must read HDFC Securities advantages and disadvantages before opening an account with HDFC Securities. HDFC Securities pros and cons help you find if it suits your investment needs.

  1. Integrated 3-in-1 account (banking, broking, and demat accounts) is available. This makes HDFC extremely convenient trading platform.
  2. Investment online in IPOs, Mutual Funds, GOI Bonds, Insurance and Postal Savings Schemes all from one website.
  3. Trading is available in both BSE and NSE.
  4. Excellent trading platform for beginners.

HDFC Securities Disadvantages

The following are the cons of HDFC Securities. Check the list of HDFC Securities drawbacks.

  1. HDFC Sec brokerage is very high and not negotiable.
  2. HDFC doesn't offer commodity trading. You cannot trade at MCX or NCDEX through HDFC.
  3. In the 3-in-1 account, the Demat Account has to be opened with HDFC Bank Ltd as the Depository Participant (DP) and the Bank Account has to be opened with HDFC Bank as the Banker.
  4. HDFC minimum brokerage charge is ₹25 per trade which is very high. The most discount broker doesn't have a minimum brokerage.
  5. HDFC charges flat ₹0.05 per share brokerage on stocks quoting up to ₹10. This makes it very difficult to trade in penny stocks.

HDFC Securities Ltd Enquiry Form

HDFC Securities Margin / Exposure

HDFC Securities leverage for intraday, delivery, options, currency and commodities.

SegmentMargin
Equity Delivery2x with Intrest
Equity IntradayUpto 20x
Equity FutureNil
Equity OptionsNil
Currency FutureNil
Currency OptionsNil
Commodity FutureNil
Commodity Options

Visit HDFC Securities Margin Review for more detail.


HDFC Securities Ratings

Overall Rating Rated 2.2 stars 2.2/5
Fees Rated 2.1 stars 2.1/5
Brokerage Rated 1.9 stars 1.9/5
Usability Rated 2.9 stars 2.9/5
Customer Service Rated 2.5 stars 2.5/5
Research Capabilities Rated 2.1 stars 2.1/5

Based on 185 Votes by HDFC Securities Customers

Do you trade with HDFC Securities? Rate HDFC Securities


HDFC Securities Complaint

The number of HDFC Securities customer complaint received by the exchanges. The HDFC Securities consumer complaint report helps understanding the HDFC Securities Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints**
NSE 2020-21 726,197 34
NSE 2019-20 720,150 104
BSE 2019-20 233,681 13
NSE 2018-19 668,312 87
BSE 2018-19 175,213 9
NSE 2017-18 602,493 102
BSE 2017-18 331,578 33
NSE 2016-17 483,244 95
BSE 2016-17 175,243 20
NSE 2015-16 408,059 75

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit HDFC Securities Complaints at BSE, NSE and MCX for detail report.


419 Comments

Anupam Mathur
419. Anupam Mathur  May 24, 2020 20:31 I Like It. | I Don't Like It. | Report Abuse Reply
Very high charges

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Below Average
Dilip
418. Dilip  May 13, 2020 22:50 I Like It. | I Don't Like It. | Report Abuse Reply
I have submitted demat account opening form to HDFC bank they have not opened even after 50+ days when asked about my form they don't have any information about it. HDFC securities is worst in terms of customer services they don't value customers and just waste time. HDFC group staff due to irresponsible behaviour will one spoil name of bank & securities this my experience with them
sridhar
417. sridhar  Apr 21, 2020 14:24 I Like It. | I Don't Like It. | Report Abuse Reply
still lack of auto response of arya. otherwise good. need to be improve the gold inverstment trading.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
Neil Wagehela
416. Neil Wagehela  Apr 17, 2020 10:51 I Like It. | I Don't Like It. | Report Abuse Reply
Very cluttered website. When a trade has been placed and executed, it does not show up in the basket right away or even after an hour. Most of the time, half the functions are 'currently not available'. I have used other bank's brokerage services, specially western banks..Indian banks can learn alot from them to make it user friendly.

When you make a trade, it does not show you how much the trading fee is going to be.
There is no 'expert' report coverage available from their analyst for you to view.
Barley any access to third party reviews or rating agencies review.

The website is slow to load and generally laggy.

Will move my portfolio to a different service provider as soon as I can.

-1.0/10

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
S k sharma
415. S k sharma  Apr 15, 2020 12:29 I Like It. | I Don't Like It. | Report Abuse Reply
Brokerage plans are not compititive

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Below Average
Overall Experience - Average
Rangaswamy AR
414. Rangaswamy AR  Apr 15, 2020 10:23 I Like It. | I Don't Like It. | Report Abuse Reply
One of the worst mobile apps in the market always down when trading time starts.Despite several complaints no improvement.Portfolio and demat doesn't match.Lot of loss due to their inefficiency.Phone calls are not attended head weight is more.Planning to go before consumer forum.All the customers should form an association to fight and get justice.
Kamlesh
413. Kamlesh  Mar 17, 2020 10:01 I Like It. | I Don't Like It. | Report Abuse Reply
the platform is down and unable to trade from couple of days. everyday there is some issue. Very poor service.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Hiren Mandali
412. Hiren Mandali  Mar 16, 2020 23:09 I Like It. | I Don't Like It. | Report Abuse Reply
No services even after huge brokrages,

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
Akshay
411. Akshay  Mar 16, 2020 22:16 I Like It. | I Don't Like It. | Report Abuse Reply
worst experience.. they just loot investors money through brokerage

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
Sneha
410. Sneha  Mar 13, 2020 10:58 I Like It. | I Don't Like It. | Report Abuse Reply
Its most hopeless for trading.
the day market is low and you need to do soem trading, thier servers are down.
Highly unreliable
D B SALOT
409. D B SALOT  Mar 5, 2020 10:38 I Like It. | I Don't Like It. | Report Abuse Reply
Very less knowledge acquainted staff , poor knowledge of IPO, SME ,less aware of current market scenario , knowledge of scripts , awareness about economical environment ...Everything is very poor . No proper staff training . Staff is busy grabbing policies ,ULIPs,etc...No sincerity towards client

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
viswanath e
408. viswanath e  Feb 13, 2020 19:16 I Like It. | I Don't Like It. | Report Abuse Reply
HDFC Security brokerage is so very high that one can never reduce cost of acquisition when markets are down. The price difference is eaten up by these people through their high brokerage per share and you would notice your average price to be still very high, no matter how many shares you may buy. I think other platforms like ICICI Direct or Zerodha is much better.
Rudolf
408.1. Rudolf  Feb 29, 2020 11:01 I Like It. | I Don't Like It. | Report Abuse
Brokerage is in competition with brokerage houses..services are also fine.
c.venkata mohan
407. c.venkata mohan  Feb 25, 2020 11:39 I Like It. | I Don't Like It. | Report Abuse Reply
not giveing upto date information to the clients regulary and not sending equity information client id no 23507824 c.venkata mohan change email cvmohan_jcl@yahoo.com to cv_mohan@yahoo.com

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Above Average
Rane
407.1. Rane  Feb 29, 2020 10:59 I Like It. | I Don't Like It. | Report Abuse
have personally had a good experience with their cust care as my query get resolved.
amit
406. amit  Feb 7, 2020 20:41 I Like It. | I Don't Like It. | Report Abuse Reply
The worst customer service. They are just thought about their profit only.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Ronit
406.1. Ronit  Feb 29, 2020 10:26 I Like It. | I Don't Like It. | Report Abuse
service standards and products are good comparatively, so i dont mind paying the commision.
Mahesh
405. Mahesh  Jan 22, 2020 14:02 I Like It. | I Don't Like It. | Report Abuse Reply
High costly

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Govindan Nampoothiri
404. Govindan Nampoothiri  Jan 16, 2020 04:42 I Like It. | I Don't Like It. | Report Abuse Reply
The worst customer service. They are just thought about their profit only.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Dixit Shah
403. Dixit Shah  Jan 5, 2020 11:35 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Third Class. Too much Hidden charges and brokerage too much high.
VISWANATH
402. VISWANATH  Dec 11, 2019 09:07 I Like It. | I Don't Like It. | Report Abuse Reply
HDFC Securities is a wealth destroyer. When you place an order, they always execute at a higher price. Even when the ticker is showing a current price, the shares get purchased at least at 5 paise more. Limit orders do not hit the buy at the limit price. So when you convert it to a market order, the order gets executed at a higher cmp. Ridiculous! And, they charge brokerage on a percentage basis. So one can encounter huge brokerages while buying and the same while selling. In short, while using their platform, the only people making money would be HDFC Securities. Better not enroll with such business houses. I will shift my trade to other zero brokerage platforms like Zerodha. Their philosophy is simple. Whether you buy one share or 100 shares, the effort is the same, so why loot your customers? Grow up HDFC!

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
Roshan
402.1. Roshan  Dec 27, 2019 10:18 I Like It. | I Don't Like It. | Report Abuse
Limit order incase of action buy will never execute at higher rate than limit price and will execute if there is a matching opposite order.
whenever the fluctuation of the stock price is high, i prefer to place a stoploss.
santosh A
401. santosh A  Nov 22, 2019 11:25 I Like It. | I Don't Like It. | Report Abuse Reply
specially brokerage kill
specially optons


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Average
Overall Experience - Below Average
Pradnya Solo
401.1. Pradnya Solo  Dec 2, 2019 12:14 I Like It. | I Don't Like It. | Report Abuse
i would agree that their brokerage is on a higher side.
but compared with other brokerage houses their products and services are good.
Seamless trading facility.
Anand
400. Anand  Nov 12, 2019 23:55 I Like It. | I Don't Like It. | Report Abuse Reply
It has been noted that portfolio temproraly not available massage flashing during market hour which is not acceptable.
Some of the share adviced buy call from hdfc security and it has been noted marked fall of share price like reliance capital share, HEG share put into suspicious.
Phone call service also poorly managed
I am 3 account holder Dmat, trading & saving facing problems


Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average

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