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HDFC Securities Stock Trading, Demat, Brokerage and Reviews 2021


HDFC Securities Logo

7.85% 1,032,252 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When a customer buy a stock, the money is withdrawn from bank account and shares are deposited in demat account. In the same way when shares are sold using trading account, the shares are withdrawn from demat account and money gets deposited in HDFC Bank account.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: Rs 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 2021

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.

Brokerage for Delivery Based Trades

Equity Segment
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)

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 Rs 5 per Crore on turnover

Useful Articles:

Visit HDFC Securities Brokerage Charges Review for more detail.

Special Offer: Rs 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.

HDFC Securities Online Account Opening

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 Securities Trading Platforms)

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

Rs 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.

HDFC Securities Pros and Cons


HDFC Securities Pros (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 Cons (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 Rs 25 per trade which is very high. The most discount broker doesn't have a minimum brokerage.
  5. HDFC charges flat Rs 0.05 per share brokerage on stocks quoting up to Rs 10. This makes it very difficult to trade in penny stocks.

HDFC Securities Enquiry Form

HDFC Securities Margin Exposure

HDFC Securities margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. HDFC Securities F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for HDFC Securities F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

HDFC Securities Ratings

Overall Rating Rated 2.2 stars 2.2/5
Fees Rated 2.1 stars 2.1/5
Brokerage Rated 1.8 stars 1.8/5
Usability Rated 2.9 stars 2.9/5
Customer Service Rated 2.5 stars 2.5/5
Research Capabilities Rated 2.7 stars 2.7/5

Based on 215 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 2021-22 1,032,252 137 0.01%
BSE 2021-22 376,081 15 0%
NSE 2020-21 957,085 285 0.03%
NSE 2019-20 720,150 104 0.01%
BSE 2019-20 233,681 13 0.01%
NSE 2018-19 668,312 87 0.01%
BSE 2018-19 175,213 9 0.01%
NSE 2017-18 602,493 102 0.02%
BSE 2017-18 331,578 33 0.01%
NSE 2016-17 483,244 95 0.02%

* 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.

Frequently Asked Questions

  1. 1. How to close HDFC securities account?

    HDFC Securities has separate forms to close the Trading and the Demat account.

    Steps for closing HDFC securities account:

    1. Download the HDFC Securities Trading Account Closure Form and HDFC Demat Account Closure Form.
    2. Fill in the required details like DP ID, Client ID, Trading account ID, Name/s & address of the account holder, and the reason for closing the account, etc.
    3. Submit the form to your nearest HDFC branch.

    Please Note:

    • There is no charge for closing your account.
    • If your account has any negative cash balance, it must be settled before requesting account closure.
    • All securities must be either transferred to another Demat account or sold before initiating the account closure request.
    • All holders are required to sign the closure request form.
    • Submit the blank delivery instruction booklet slips back to the DP.

     


461 Comments

461. Mohit  Dec 7, 2021 11:08:27 PM I Like It. | Report Abuse Reply
Not suggest any person open account

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Average
460. Sandeep  Nov 25, 2021 12:42:56 PM I Like It. | Report Abuse Reply
Can not trust backend executives. Not available over call due to constantly changing employees.

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
459. Rajendra ROONGTA  Nov 23, 2021 3:41:03 PM I Like It. | Report Abuse Reply
The minimum brokerage of Rs. 25 per transaction is a deterrent to retail customers like me. Also they dont provide any RM for guidance despite of hefty brokerage charged by them.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Below Average
458. jainam  Nov 15, 2021 10:55:06 PM I Like It. | Report Abuse Reply
why its more expensive in comparison of other broker ?
( I hope i will get my answer as soon as )

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
457. Manoj Jain  Oct 25, 2021 2:12:20 PM I Like It. | Report Abuse Reply
Not at all recommended as a trading platform .. highest brokerage charges in the age where other brokers are charging zero for equity delivery they are still in ages of 0.5%. Obviously, why would they like to change their bread and butter.

Now customer orientation, after sending POA for 4 times submitting to thier office either it is lost in transition or something but never got approved even after 6 months .. using edis for selling stocks.

When applied for CDSL easiest for transferring to other broker they block the authentication as they know user will run away with their stocks to other broker.
456. MANISH VIJAY  Oct 13, 2021 11:09:59 AM I Like It. | Report Abuse Reply
THEY ALL LIE . IF YOU WANT TO CLOSE YOUR ACCOUNT THEY WILL NOT CLOSE ONLY ASK YOU TO GO HERE AND THERE / I WAS HARRASSED FOR 6 MONTHS TO CLOSE MY ACCOUNT AND AT LAST I HAVE LODGE COMPLAIN IN RBI OMBUDSMEN , SEBI AND WITHDRAW ALL MY MONEY FROM SAVING ACCOUNT .
455. AVINASH SINGH  Oct 11, 2021 11:11:59 AM I Like It. | Report Abuse Reply
1 no upgradation of Data of Companies old record of data remain for many small companies.
2 high brokerage.
3. Do not upgrade equities held data in portfolio. Equities sold years ago are included creating confusion.
4. Do not facilitate investment in Direct option of Mutual funds.


Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Below Average
454. rajinikanth  Sep 4, 2021 5:32:13 PM I Like It. | Report Abuse Reply
Web Plat form is not good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Above Average
453. Omkar  Jul 13, 2021 5:52:59 AM I Like It. | Report Abuse Reply
I am a user of HDFC securities . And I wouldn't recommend anyone to open a demat account. Their brokerage is very high. Today I bought a share and they charges me 25% of total value of shares plus gst. This 25% brokerage was not informed in order preview. After market closing when I got the contract note I was shocked to see Rs1000 brokerage on share values of Rs4200. Now I am planning to transfer my shares and close this demat account.

453.1. Somasundaram  Aug 22, 2021 9:57:39 PM I Like It. | Report Abuse
Hi, is it true, could you explain or any proof
452. DEEPAK KUMAR  Aug 20, 2021 4:49:57 PM I Like It. | Report Abuse Reply
BROKERAGE CHARGES TOO HIGH

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
451. krishna  Aug 3, 2021 11:53:51 AM I Like It. | Report Abuse Reply
Brokerage is very high with hdfc securities. Hdfc securities team contact me and asked to invest in market with us using e-margin. Since i am small invester i have started the investment with them. They buys the share with. e-margin only. at the end of the for 2.50lc they earned around 90k profit which is good. But if you check there charge it will be like they will suck you. for the e-margin their total interest was 30k and there charges are around 40k so at the end in my bucket it was 20k which less then expected. Also if share is running correctly you must have ability to make it delivery from e-margin else interest will put in bad situation. So my overall experience is not good.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Below Average
450. Him  Jul 31, 2021 3:16:04 AM I Like It. | Report Abuse Reply
Good

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Average
449. dinubhai  Jul 25, 2021 10:57:44 AM I Like It. | Report Abuse Reply
The Brokerage is very high almost 0.66 % Which is high. so only HDFC Securities make more money than you

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Below Average
448. naresh kumar  Jul 17, 2021 10:22:21 AM I Like It. | Report Abuse Reply
brokrage charge are very high


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Below Average
447. devuda  Jul 16, 2021 6:31:32 AM I Like It. | Report Abuse Reply
Excellent

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
446. Sanjhot Singh Bhasin  Jun 28, 2021 4:33:37 AM I Like It. | Report Abuse Reply
Don't judge a book by it's cover, just because it says HDFC, that don't make it good, the amount of money they charge for everything is absolutely ridiculous, I've stopped doing any transaction from this platform since last one year now, I forgot to close my account and they've been deducting money left-right centre, so I'm writing this review so that no one else face this travesty. Their product is appalling, they don't offer any additional features or service,their product team has to be the worst in the industry, they're simply thriving on the bank channel, one may even consider paying higher brokerage or charges provided their research or offerings are good but unfortunately in case of HDFC it's really bad!

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Average
Overall Experience - Very Poor
445. Anirban Pal  Jun 8, 2021 2:02:57 AM I Like It. | Report Abuse Reply
Most 3rd class service provider. Only interested how to earn money from customer without provide any service. There is no authority in our country who can check such feedback and tooks some steps against them. Never received any call from any RM. Hopeless company. Like to close the account..huge charges.
444. Chandan kant  May 27, 2021 9:46:34 PM I Like It. | Report Abuse Reply
Very high brokerage, Customer care service is worst they never pick your calls. Very poor teaching method.After selling stocks they took much time to credit your amount. I think never trade with HDFC Sec. I am thinking of transfer my stocks to different Broker. No one is thei in customer care to pick your calls

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average
443. Neeraj  Apr 11, 2021 8:54:09 AM I Like It. | Report Abuse Reply
HDFC Securities is safe broker in india and providing 3inOne Account for smooth process for funds payin & payout. And having all features on mobile app and ProTerminal App is fantastic trading app which is help for generating more profits. Also having good value brokerage plan which are reducing my brokerage rate as 0.007% (Rs. 7 per Lac). Overall Good Experience with HDFC Securities.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
442. Subhas chandra Pal  Apr 3, 2021 1:15:10 AM I Like It. | Report Abuse Reply
I needed to open a joint account with my wife to transfer my securities from Karvy . I contacted one official from my friend . Since this was urgent I requested for urgent service . After number of calls he sent two official to my residence . My requirement was joint account with nominee both in demat , trading and bank account . And also to my present residential address. Secondly after opening Ac furnish me client with NSDL logo to enable me to submit closure and transfer my scripts to HDFC.
On my utter surprise I observed account is opened without nominee . Bank account is opened in single name . My old Address is given and moreover bank account is opened in far away branch thought Hdfc branch are there within 1 km of both my old and present residence . Relation manager visited once and quickly explained and purchased token share in e margin not explaining or with my consent . I was not interested on margin trading . Similarly POA is also signed without explaining the necessity . All this is horrifying and created trust deficit on HD FC .


Ratings:

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

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