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HDFC Securities Stock Trading, Demat, Brokerage and Reviews 2024


2.32% 1,088,561 Clients

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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 customers' investment experience hassle-free and seamless. Customers can also invest by calling or visiting a branch.

HDFC Securities provides more than 30 products and has 1,800,000+ clients across various businesses. The company has more than 270 branches across India.

HDFC Securities charges the lowest brokerage of 0.10% per trade for Equity Delivery and Rs 20 per transaction for derivatives trading. HDFC Securities offers a 3-in-1 account combining a savings bank, trading, and a Demat account. Customers will just need one account to make all of their investments.

HDFC Securities USP

What makes HDFC Securities different from the competition?

  • Instant online, paperless account opening.
  • One-stop shop for all your investments.
  • Multiple platforms and trading options.
  • The lowest brokerage of 0.10% per trade for Equity Delivery.
  • Portfolio Tracking in Depth.
  • 24/7 assistance and Call &Trade service.
  • Get payout up to Rs 5 lakhs on the same day with enCash Facility.
  • Relationship Manager Service.
  • Margin Trading Facility.
  • Various Brokerage plans
  • Free Basket Investment registration.
  • 3-in-1 account opening.

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

HDFC Securities Charges 2024

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.

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 Online Account Opening

HDFC Trading and HDFC Demat Account opening process is very easy. You could use the following 6 steps to Open Your Account via HDFC Securities Website or App:

  1. Enter mobile number & OTP
  2. Enter Personal Details
  3. Add Bank Details
  4. Choose Trading Plan
  5. Complete Video In-Person Verification
  6. Aadhaar based E-KYC/Upload & E-Sign documents

Note: The account would be opened after all procedures relating to IPV and client due diligence is completed.

Documents Required

Any Indian resident/non-resident individual NRI (except for the US NRIs) or an Indian Corporate can register with HDFCsec. The following documents are required to open an account with HDFCsec.

  1. Pan card
  2. Aadhaar card or e-Aadhaar from DigiLocker
  3. Bank Statement/Cheque

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 includes an installable trading terminal, a browser-based trading website and mobile trading app.

1. HDFC Securities website

The web platform is built on state-of-the-art Web 2.0 technology, ensuring a smooth trading experience on both the BSE and the NSE.

2. HDFC Securities Mobile App

The mobile trading app works on all smartphones, including Android and iPhone. The mobile app has various features such as live market news and data, investment tracking, quick IPO application, regular notifications, etc.

3. Pro-Terminal

Pro-Terminal is an installable software platform that offers high speed and quality performance to traders. HDFC Pro-Terminal collects data from thousands of sources across the world and gives users real-time information and assists them in making informed market decisions.

 

Visit HDFC Securities Trading Software Review for more detail.

Zerodha (Flat Rs 20 Per Trade)

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 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 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 value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

HDFC Securities Ratings

Overall Rating Rated 2.1 stars 2.1/5
Fees Rated 2.1 stars 2.1/5
Brokerage Rated 1.8 stars 1.8/5
Usability Rated 2.8 stars 2.8/5
Customer Service Rated 2.5 stars 2.5/5
Research Capabilities Rated 2.6 stars 2.6/5

Based on 230 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 2023-24 1,088,561 248 0.02%
BSE 2023-24 449,424 31 0.01%
NSE 2022-23 1,063,911 182 0.02%
BSE 2022-23 429,205 29 0.01%
NSE 2021-22 1,141,264 251 0.02%
BSE 2021-22 376,081 31 0.01%
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%

* 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.

     

  2. 2. How HDFC securities work?

    HDFC Securities is a full-service broker offering online and offline trading services.

    HDFC Securities is a one-stop shop for all trading and investment needs. The broker provides 30+ product avenues spread across various asset classes like Stocks, Derivatives, Mutual Funds, Gold, Fixed Income, Real Estate, Insurance, Loans, US Stocks, Investment Advisory, and much more.

    The company offers 3-in-1 investment account services that include a bank account, trading account, Demat account, and access to powerful tools and research for a seamless and smooth trading experience for its customers.

    HDFC Securities allows you to invest through the web, desktop, mobile app, tele broking services, or through a network of their 270+ branches.

     

  3. 3. How is HDFC securities for trading?

    HDFC Securities is a subsidiary of a leading and well-reputed private sector bank, HDFC Bank, that offers trading, investment, and research services to retail, institutional and corporate customers.

    HDFC Securities provides online, offline, and call and trade solutions to its customers. You can trade using HDFC mobile app or its trading website or visit any of the nearest HDFC Securities branches for offline support to seek guidance and assistance.

    HDFC Securities has a range of investment products and services that cover each of your investment needs. HDFC Securities product portfolio includes - Equity, Derivatives, Currency, Commodity, Mutual Funds, NCD, IPO, Gold, US Stocks, Bonds, Insurance, Fixed Deposits, NPS, personal finance, and much more.

    HDFC Securities has tailor-made trading account opening offers with a free Demat account. The broker also provides different value brokerage plans that charge Equity Delivery brokerage as low as 0.10%, Equity Intraday at 0.01%, and flat Rs 20 for F&O.

     

  4. 4. How to unlock HDFC securities account?

    HDFC Securities account can be unlocked online easily using HDFC Securities mobile app or through its trading website.

    Steps to unlock your HDFC Securities account:

    • Open the HDFC Securities Mobile App or visit the HDFC Securities website.
    • Go to the login screen.
    • Click on 'Unlock Username'
    • Enter your PAN number and DOB in ddmmyyyy format.
    • Click on Submit.
    • Enter the OTP received on the registered mobile number/email ID to unlock the account.


     

  5. 5. How to buy in HDFC securities?

    You can buy in HDFC Securities online through HDFC Securities trading platforms (web/mobile app), or through Call and Trade facility or by visiting the nearest HDFC Securities branch.

    To buy stocks through HDFC Securities, you need to have a trading and Demat account with the broker and sufficient money in your trading account.

    Steps to buying stocks in HDFC Securities online:

    1. Login to your HDFC Securities mobile app.
    2. Click on 'More' on the home screen.
    3. Go to the 'Trading' option.
    4. Select 'Buy'/Sell.
    5. Click on Buy as the transaction type.
    6. Enter the company name.
    7. Enter the below parameters to place the buy order.
      • Exchange - BSE/NSE
      • Product Type - Cash/Intraday/Margin/Cover/E-Margin/
      • Order Type - Market or Limit
      • Order Validity - Day/IOC/SES (in case of BSE)
      • Quantity - Number of stocks you want to buy.
      • Price (in case of a limit order).
    8. Click on 'Place Order'.
    9. Check order Details and Confirm.
    10. Click on 'Submit'


     

  6. 6. How to buy an IPO online in HDFC securities?

    You can buy an IPO online in HDFC Securities through UPI or ASBA.

    Steps to buying IPO online through UPI:

    1. Log in to your HDFC Securities web account or mobile app.
    2. Click on the IPO/OFS
    3. Click on the desired IPO for application.
    4. Select Retail as the investor status.
    5. Click on Apply Using UPI.
    6. Enter the IPO bid details.
    7. Provide your UPI ID and select the bank.
    8. Click on Go.
    9. Read & agree to the disclaimer.
    10. Accept the UPI mandate for payment of the application.
    11. Enter the UPI pin to authorize the transaction.


    Steps to apply IPO online in HDFC securities through ASBA:

    1. Log in to your HDFC Net Banking Account.
    2. Click on 'IPO Application' under Request on the left side menu.
    3. Select the IPO.
    4. Enter the below details for IPO:
      • Investor status as retail or HNI
      • The number of shares for bidding.
      • Bid price or just tick on the cut-off price.
      • HDFC Securities depository details.
    5. Confirm your Order.

    You can also edit or cancel your IPO application online while the IPO bidding window is open.

     

  7. 7. Can an NRI open an HDFC securities account?

    Yes, NRIs can open an account with HDFC securities.

    HDFC Securities offers a 3-in-1 account with combined benefits of Demat, Trading, and bank account (NRE/NRO with PIS permission) for a seamless and hassle-free trading experience to NRIs.

    HDFC Securities NRI account allows you to invest in Equities, Derivatives, Mutual Funds, Bonds, IPOs, Gold ETFs, Corporate FDs, NPS, and Realty.



     

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.


489 Comments

489. Prateek Malviya   I Like It. |Report Abuse|  Link|March 7, 2024 10:19:43 AMReply
Is is simply useless. I do not understand who developed this website and what did they think about usablity. You can not use it and it takes hours to figure out stupid things.

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
488. Barsha Sen   I Like It. |Report Abuse|  Link|February 9, 2024 11:45:43 AMReply
High brokerage, site doesn't update about shares bought or sold for 24 hours, even the attached bank account doesn't update online ...takes a few hours to update. Service from demat account advisors very poor

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
487. Abhi   I Like It. |Report Abuse|  Link|January 4, 2024 9:29:52 PMReply
Pls don't open demat account in HDFC.. it's horrible to communicate with fool people.. only charges r thr but no support..
486. Harminder Singh   I Like It. |Report Abuse|  Link|December 30, 2023 8:05:59 AMReply
Resolution to customer complaint is pathetic

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Below Average
485. Hire   I Like It. |Report Abuse|  Link|December 25, 2023 11:37:52 AMReply
brokerage is high and more charges

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Below Average
484. Chinmay Mehrotra   I Like It. |Report Abuse|  Link|December 12, 2023 8:00:21 PMReply
Very expensive with dated site and app

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
483. Ravindra Sikarwar   I Like It. |Report Abuse|  Link|November 26, 2023 10:44:28 PMReply
I have a demat account with HDFC Sec, I am trying to close it since last two years, but they are not closing my account, and clamming AMC, I am not using the account. I have paid all my dues. After many request , my account is still active. Please advise me , what to do next ??

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
482. Rehan   I Like It. |Report Abuse|  Link|October 31, 2023 8:09:50 PMReply
Never go for HDFC Sec, they are fraud. they will keep deducting unnecessary charges every quarter. I have one, I have already closed the HDFCSec account still they are still deducting the Depository charge. Now I am going to close HDFC Bank and Credit Card both. 0 star out on 10.
481. Paresh bhai S. Patel   I Like It. |Report Abuse|  Link|October 3, 2023 8:33:41 PMReply
Brokerage charges are very high. Service charges are also high. Looking to brokerage charges and annual charges, I do not like to recommend to my friends and relatives. In case of any trouble, solution is difficult. I had two accounts, I closed one account, even though, annual service charges were deducted and not returned, no answer.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Average
Overall Experience - Very Poor
480. Praful Dani   I Like It. |Report Abuse|  Link|September 28, 2023 9:45:24 PMReply
HDFC sec have betrayed their loyal customers , waiting for them to announce discount brokerage plan for one year, by denying the benefit of new plan HDFC sky ( discount brokerage plan) to existing customers. It is open only for new customers. On the contrary , better plan should have been offered to existing client for rewarding their loyalty and support during tough times.
Hope wisdom would prevail and they will immediately rectify their unfair policy.
I hope the top management would listen to such genuine grievance.
479. Ganesh   I Like It. |Report Abuse|  Link|September 26, 2023 1:57:12 PMReply
Very very poor service at all parameters. Only for kyc tacking 15 to 20 days and still not resolve, even mail marked to higher authorities...
478. Kamal Tyagi   I Like It. 1|Report Abuse|  Link|September 8, 2023 9:26:48 AMReply
HDFC Security service is very poor. once invested, staff talks rude. The Rajajinagar Branch is the worst in dealing with customers. They invested my money into a mutual fund, but that is not reflecting into my account. I asked them and they talked very rude. Still I do not know where my money has gone.
I will close my account soon and will never recommend to anyone to deal with HDFC security, specially in Rajajinagar branch in Bangalore.
477. Lavender   I Like It. 1|Report Abuse|  Link|August 9, 2023 8:23:10 AMReply
Guys don’t opt for HDFC securities they are greedy people stealing common man money I had I was told by branch manager Mrs Deepali Bramhe of Aundh Brach and My Relationship Manager Mr Wasim Pathan to pledge our holdings for e margin trading and I opted for e Margin trading facility on my portfolio where I was told that we can hold position for T + 275 days by my RM Wasim Pathan he did not disclose full facts of MTF trading and my Position was Squared off by HDFC securities risk management on 5th day where in I was told we can hold position for T + 275 days and I lost 1/5 th of my portfolio to compensate for loss due careless attitude of Branch Manager Deepali Bramhe and Relationship Manager Wasim Pathan of HDFC Securities Aundh Branch in dealing with HNI clients portfolio. I have suffered huge loss so guys please share this review as much as possible and stay away for opting for HDFC Securities.
I put my investments back to BenArmstrong-trades and I have been earning, I am grateful to BenArmstrong-trade
476. lalitha   I Like It. |Report Abuse|  Link|July 8, 2023 3:27:10 PMReply
HDFC Securities ::: Service very very poor and below. My trading account and the SB Account with their own HDFC Bank is not getting linked for the past one month. Each one is blaming each other. Very very bad payout masters. Their payout option doesn't allows the payouts even after T+2 days.

Very very pathatic state of affairs among themselves.
476.1. lalitha   I Like It. |Report Abuse|  Link|July 8, 2023 3:37:12 PM
Their platform is good and simple. But their inter departmental politics...eventually getting dumped on the customer is unprofessional. can somebody branch head being asked to contact customer service cell...inspite of he telling that he is the branch head... I have the call with me...infact it was sent by the HOD himself..expressing his inability. Pathatic...Pathatic...Pathatic.
475. Ravi Kumar Arora   I Like It. |Report Abuse|  Link|July 7, 2023 12:39:10 PMReply
Hdfc securities are cheaters,they have renewed my annual plan of 5899/,without any intimation.customer care all are pathetic, seriously very disappointed.not at all recommendable,written so emails,but all are in vain.
Pathetic
475.1. lalitha   I Like It. |Report Abuse|  Link|July 8, 2023 3:32:24 PM
Same to us also.
474. PRATAP KUMAR SOMU   I Like It. |Report Abuse|  Link|June 23, 2023 12:37:22 PMReply
Worst service and charges is very high i.e Buying and selling both

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
473. Dax   I Like It. |Report Abuse|  Link|March 3, 2022 4:04:18 PMReply
Does HDFC Securities reduce brokerage charges on request. I received a call from them and they're saying they can reduce with certain T&C.
Waiting to hear from them. Does anyone else has similar experience please share.
473.1. Suman   I Like It. |Report Abuse|  Link|January 2, 2023 8:39:53 PM
They will ask you to buy Niva Bupa Insurance to reduce brokarage
472. Anil Kumar   I Like It. |Report Abuse|  Link|December 23, 2022 2:03:04 PMReply
Online portal is not user friendly and easy to navigate at all.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Below Average
471. Kalpesh shah   I Like It. |Report Abuse|  Link|December 12, 2022 9:27:26 PMReply
I am customer of hdfc security but there is no body guide me..

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
470. BALWANT RAI MITTAL   I Like It. |Report Abuse|  Link|November 16, 2022 2:17:13 PMReply
मेरा बहुत खराब अनुभव है, कोई सुनने को तैयार नहीं।
मेरा एकाउंट unlock नहीं हो रहा, सिर्फ एक ही जवाब किसी HDFC security ब्रांच में जाकर मिलें। किसी ब्रांच का फोन नहीं मिलता । फंसी गया हूं।

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