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HDFC Securities Stock Trading, Demat, Brokerage and Reviews 2021

1.42% 970,651 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

Seamless Transactions - By integrating your accounts, we ensure minimal waste of time during movement of your funds and shares.
Speed - Orders are placed electronically, so proceeds are available instantly.
No manipulation - To prevent any mismanagement, we will send you an email confirmation, the minute your order is executed.
Safety and Security - HDFC Securities offer the highest level of security such as 128-bit encryption technology.
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When a customer buy a stock, the money is withdrawn from bank account and shares are deposited in demat account. In the same way when shares are sold using trading account, the shares are withdrawn from demat account and money gets deposited in HDFC Bank account.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:

The Best 3-in-1 Trading Account in India Stock Market - ICICI Bank, HDFC Bank, SBI, Kotak Securities etc
Know about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)

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.

One passport size photograph.
Copy of PAN card.
Identity proof - copy of passport or PAN card or voter ID or driving license or ration card.
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.

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.

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

HDFC Securities Cons (Disadvantages)

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

HDFC Sec brokerage is very high and not negotiable.
HDFC doesn't offer commodity trading. You cannot trade at MCX or NCDEX through HDFC.
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.
HDFC minimum brokerage charge is Rs 25 per trade which is very high. The most discount broker doesn't have a minimum brokerage.
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 6x 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.

Segment	Margin
Equity Delivery	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)
Equity Futures & Options	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures & Options	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

Note: As per the new margin policy by SEBI, the margin for trading will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 20x in any segment at BSE, NSE, and MCX. All full-service and discount brokers will provide the same margin exposure to customers.

HDFC Securities Ratings

Overall Rating	2.2/5
Fees	2.1/5
Brokerage	1.9/5
Usability	2.9/5
Customer Service	2.5/5
Research Capabilities	2.6/5

Based on 207 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	970,651	65	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%
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%
BSE	2016-17	175,243	20	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.

HDFC Securities Reviews

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450 Comments

450. dinubhai Jul 25, 2021 09:57

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

449. naresh kumar Jul 17, 2021 09:22

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

448. devuda Jul 16, 2021 05:31

Excellent

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

447. Omkar Jul 13, 2021 04:52

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.

446. Sanjhot Singh Bhasin Jun 28, 2021 03:33

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 01:02

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 20:46

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 07:54

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 00:15

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

441. Vishnu Agarwal Mar 23, 2021 18:00

HDFC Securities charges very high brokerage of 0.5% even to their loyal and oldest clients....Their customer care is a coding loop which moves round and round and the customer never gets any satisfactory response....Its better to move out of HDFC Securities asap...

Ratings:

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

440. GK Feb 20, 2021 13:05

Customer Service and high fees

Ratings:

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

439. Ramisetty venkatesh Jan 2, 2021 05:31

HDFC securities is an expensive option to buy. Only elite people can buy this.

Ratings:

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

438. Sunil Bhayani Dec 28, 2020 21:53

Brokerage is very high
Online trading at rush hours is frightening.
Customer care is very very poor nobody is responsible.
No RM
Call and trade is impossible.

Ratings:

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

437. Rajesh Rao Dec 19, 2020 21:24

The platform, though better than what was 5 yrs before, is quite antiquated. It is unwieldy to use and is not intuitive at all.

Ratings:

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

436. Aman Sharma Dec 6, 2020 18:55

I hold both HDFC Securities and Zerodha accounts. I thought HDFC would be better but turns out they have high brokerage charges and also the Website is very cluttered and difficult to use.

Ratings:

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

435. J Chatterjee Nov 18, 2020 16:33

Very poor service quality. Very high brokerage

Ratings:

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

434. Mohamed Bbau Oct 30, 2020 14:59

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 ?

433. Shankar Oct 15, 2020 11:45

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

432. Yogesh More Oct 6, 2020 06:17

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

431. Kaiser Sep 15, 2020 10:23

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

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