FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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-4.46% 1,016,493 Clients
Zerodha (Trade with the best stock broker)
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.
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.
What makes HDFC Securities different from the competition?
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.
| 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) |
| 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 |
Visit HDFC Securities Brokerage Charges Review for more detail.
Zerodha (Trade with the best stock broker)
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 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:
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.
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 (Trade with the best stock broker)
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.
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.
The following are the cons of HDFC Securities. Check the list of HDFC Securities drawbacks.
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.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure) | 1x |
| Overall Rating |  2.2/5 |
| Fees |  2.1/5 |
| Brokerage |  1.8/5 |
| Usability |  2.9/5 |
| Customer Service |  2.5/5 |
| Research Capabilities |  2.7/5 |
Based on 224 Votes by HDFC Securities Customers
Do you trade with HDFC Securities? Rate HDFC Securities
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 | 1,016,493 | 68 | 0.01% |
| BSE | 2023-24 | 204,253 | 7 | 0% |
| 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.
HDFC Securities has separate forms to close the Trading and the Demat account.
Steps for closing HDFC securities account:
Please Note:
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.
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.
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:
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:
You can buy an IPO online in HDFC Securities through UPI or ASBA.
Steps to buying IPO online through UPI:
Steps to apply IPO online in HDFC securities through ASBA:
You can also edit or cancel your IPO application online while the IPO bidding window is open.
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 (Trade with the best stock broker)
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.
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Hope wisdom would prevail and they will immediately rectify their unfair policy.
I hope the top management would listen to such genuine grievance.