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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
Trade In: BSE and NSE
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When a customer buy a stock, the money is withdrawn from bank account and shares are deposited in demat account. In the same way when shares are sold using trading account, the shares are withdrawn from demat account and money gets deposited in HDFC Bank account.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 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.
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.
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:
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.
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.
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.
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 215 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 | 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.
HDFC Securities has separate forms to close the Trading and the Demat account.
Steps for closing HDFC securities account:
Please Note:
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Ratings:
Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Average