HDFC Securities Stock Trading, Demat, Brokerage and Reviews 2020


11.25% 801,201 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When a customer buy a stock, the money is withdrawn from bank account and shares are deposited in demat account. In the same way when shares are sold using trading account, the shares are withdrawn from demat account and money gets deposited in HDFC Bank account.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.

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

₹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.

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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 ₹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 2.5 stars 2.5/5

Based on 193 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 2020-21 801,201 153
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.


434 Comments

Mohamed Bbau
434. Mohamed Bbau  Oct 30, 2020 14:59 I Like It. | Report Abuse Reply
I am a NRI using HDFC DMAT account, facing difficult to sell the shares since 28th October, informed my branch and still hearing it will be fixed soon even on 30/10/2020 1300 hours

does any one facing this issue ?

Shankar
433. Shankar  Oct 15, 2020 11:45 I Like It. | Report Abuse Reply
Horrible full service brokerage firm without any service. I am moving out from HDFC securities. I sincerely request NOT to go for this.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Yogesh More
432. Yogesh More  Oct 6, 2020 06:17 I Like It. | Report Abuse Reply
Brokerage charge is very high.... It's stupid when there are other are providing it for free.... Pathetic experience with call centre people... Absolutely looting people in legal ways... I wish NSE fire them for high brokerage charge they applied to me. Why government is allowing this loot???
What about comman man...

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
Kaiser
431. Kaiser  Sep 15, 2020 10:23 I Like It. | Report Abuse Reply
Cheaters

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
Navneet
430. Navneet  Sep 11, 2020 23:57 I Like It. | Report Abuse Reply
No positives, You can much better platform with much lesser charges, Donot be fool to open accoutn with them, Their charge you most and their platform is worst most of the time down during impt trading times

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
vipon kumar gupta
429. vipon kumar gupta  Aug 22, 2020 09:13 I Like It. | Report Abuse Reply
totally useless. highly bureaucratic. much below the curve

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
GSB
428. GSB  Aug 21, 2020 20:44 I Like It. | Report Abuse Reply
brokerage very high.
No customer service.
Platform is not user friendly.
No proper response from customer care.

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
Rajashekhar
427. Rajashekhar  Aug 6, 2020 07:15 I Like It. | Report Abuse Reply
Brokerage fee and service support in worst category

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Rakeshwar Singh
426. Rakeshwar Singh  Oct 23, 2020 14:38 I Like It. | Report Abuse Reply
I have used both. Zerodha is excellent in terms and user interface and customer care. HDFC portal still needs to be refreshed time and again to see the current rates. customer service of HDFC is at par with SBI

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
md saddam
425. md saddam  Oct 18, 2020 11:57 I Like It. | Report Abuse Reply
Dear Hdfc bank,

Please close my Demat and trading a/c-58925655 .My Demat a/c no and trading a/c no is 58925655 and my HDFC a/c no .50100284616181
D SYAMALA
424. D SYAMALA  Sep 10, 2020 17:29 I Like It. | Report Abuse Reply
Overall Good.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
Sneha
423. Sneha  Mar 13, 2020 10:58 I 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
amit
422. amit  Feb 7, 2020 20:41 I 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
Hiren Mandali
421. Hiren Mandali  Mar 16, 2020 23:09 I 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
Prasanchand Bhandari
420. Prasanchand Bhandari  Jul 16, 2020 12:21 I Like It. | Report Abuse Reply
Very poor customer support and indifferent behaviour.
Brokerage charged above the rates as published. Ex. Value of share 51.50 brokerage per share charged 1.30.
Online queries are unanswered.
Customer support is very very bad.
Rohan
419. Rohan  Jul 7, 2020 17:52 I Like It. | Report Abuse Reply
One of the worst broker in terms of customer service. Very Very arrogant attitude from HDFC securities..

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
Prajeet
418. Prajeet  Jun 23, 2020 23:16 I Like It. | Report Abuse Reply
Extremely high and inconsistent brokerage. Recently bought equity at INR 52.5 /share from NSE and there was a charge of INR 3.2/share. Sometimes that rate is approx 0.97/share !!

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Below Average
D B SALOT
417. D B SALOT  Mar 5, 2020 10:38 I 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
NARASIMHUDU
416. NARASIMHUDU  Jun 10, 2020 12:24 I Like It. | Report Abuse Reply
AVERAGE

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Below Average
Anupam Mathur
415. Anupam Mathur  May 24, 2020 20:31 I 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

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