HDFC Securities is a venture in the Equity Trading Company of HDFC Bank. The platform provides both online trading and trading through the phone. Also, they are one of the biggest online trading platforms established in India.
This article will cover the HDFC Securities Review, trading platforms, brokerage charges, advantages, Demat account, trading account, offers, products, plans, the additional services they provide, and many other important aspects.
- The customer rating for HDFC Securities Review
- About HDFC Securities
- HDFC Securities Brokerage Charges
- Securities Products & Services
- Here is a detailed explanation of the platforms provided by HDFC Securities-
- 1. HDFC Securities Pro Terminal
- 2. Here is the list of Proterminal trading platforms features-
- 3. HDFC Securities Blink Trade
- 4. HDFC Securities App
- 5. HDFC Securities Small case
- 6. HDFC Securities Voice-Enabled Investing
- 7. HDFC Securities Digify
- Customer Support by HDFC Securities
- Complaints by HDFC Securities
- Disadvantages HDFC Securities
- HDFC Securities Conclusion
The customer rating for HDFC Securities Review
| HDFC Securities Ratings | |
| Customer Experience | 8.9 / 10 |
| Trading Platform | 8.5 / 10 |
| Product & Services | 8.4 / 10 |
| Brokerage Charges | 8.0 / 10 |
| Research | 8.0 / 10 |
| Overall Rating | 8.42 / 10 |
| Star Rating | 4/5 |
| Customer Reviews | 4351 |
About HDFC Securities
| Overview | |
| Company Type | Public |
| Broker Type | Full-Service Broker |
| Headquarters | Mumbai, India |
| CEO | Dhiraj Relli |
| Established Year | 2000 |
HDFC provides its client with a unique 3-in-1 account feature that integrates your HDFC Securities trading account with your HDFC bank account and existing Demat account.
Also, the funds or the shares will be easily moved and get linked to the HDFC Demat account and the client can use HDFC Bank accounts to execute the transactions on time.
It also provides features like Day trading on both NSE and BSE, Cash-n-Carry on both NSE and BSE, Trade on Futures or Options on NSE, and online IPO Investments.
The company is well known for its financial services provider which is located all over India. It is the kind of children’s company to the leading private bank- HDFC.
It is a full-service broking company that was established in the year 2000. The main headquarters of the company is located in Mumbai, Maharashtra.
Being a stock broking company it has been serving retail clients since the year 2000.
HDFC Securities is one of the best stock broker company which not only provide flexibility in trading and even answer the queries of the customers immediately. The company has around 250+ branches so the client can visit to resolve any trading-related queries quickly.
HDFC Securities Brokerage Charges
The table given below is providing the entire information regarding HDFC
Securities brokerage charges-
| Brokerage Charge & Fees | |
| Equity Delivery | 0.50% or min Rs.25 |
| Equity Intraday | 0.05% or min Rs.25 |
| Equity Futures | 0.05% or min Rs.25 |
| Equity Options | Rs 100 per lot or 1% of the premium (whichever is higher) |
| Currency Futures | Rs 23 per contract |
| Currency Options | Rs 20 per contract |
| Commodity | 0.02% for Intraday / 0.025% for positional |
| Minimum Brokerage | Rs.25 |
| Demat AMC Charges | Rs.750 per Annum |
| Trading AMC Charges | Rs.0 per annum |
| Margin Money | 75% Margin |
| Brokerage Calculator | HDFC Securities Brokerage Calculator |
HDFC has proven to be top-notch in the stockbroking house and offers a wide variety of financial services to investors. The company has some custom-made brokerage charges to charge the customers according to their investment requirements and goals.
The company charges for the brokerage trading 0.50% or min Rs.25 for equity delivery trading, 0.05% or min Rs.25 for equity intraday trading, equity futures trading, and currency futures trading. Its brokerage charges for equity options and currency options trading are Rs.100 per lot or 1% of the premium and it can also take a higher amount as well.
Also the broking house does charge some amount of Rs, 750 per year for Demat account maintenance and Rs. 0 for trading account maintenance. Also, the money for the margin deducted by the company is a minimum of 75% Margin.
Securities Charges of HDFC
The table below gives the insight into the other charges customized by the broking house-
| Segment | Other Charges |
| SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) |
| STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
| Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Margin Funding Charges | 75% Margin |
| Reactivation Charges | Rs 50 per instruction |
| Account Closure Charges | Rs 60 per instruction |
| Dematerialization Charges | Rs 5 per certificate + Rs 35 per request |
| Pledge Creation | If Pledge is marked in favor of HDFC Bank, 0.02% of the value of the Txn. |
| Pledge Invocation | If Pledge is marked to other than HDFC Bank, 0.04% of the value of the Txn. |
| Margin Pledge/Unpledged/ Pledge closure | Rs. 17.5 per scrip |
| Margin Repledge | Rs. 15.5 + Rs. 15.5 (Rs. 31 per scrip) |
Other than this along with the brokerage chargers the HDFC Securities do levy some other charges including- 0.00325% of total turnover as transaction charges, 0.0126% of total turnover as STT charges, 0.0005% of total turnover as SEBI charges, stamp duty charges totally rely on the state and GST charges are 18% of the total (brokerage + transaction charges ).
The charges stated above are customized according to the stock market value this will not affect your investment portfolio ever.
Charges for HDFC Securities Demat Account Opening
Here are the charges for the account opening charges of HDFC Securities-
| Demat Services | |
| Trading Charges [One Time] | Rs 999 |
| Trading AMC [Yearly] | Rs 0 |
| Demat Charges [One Time] | Rs 0 |
| Demat AMC [Yearly] | Rs 750 |
| Margin Money | 75% Margin |
HDFC Securities is one of the best platforms which provides qualitative and cost-effective trading products to its customers. Apart from this the company also provides flexibility and convenience in opening accounts for making investments.
The charges that are taken initially are Rs.999 initially for opening an account and after that, it charges Rs. 750 every year for Demat account maintenance and Rs.0 every year for trading account maintenance.
Also for security purposes, the company charges a 75% Margin as margin money from the customers. They offer both offline to online trading options for ease and flexibility. Also, the sources for the depository are NSDL & CDSL.
Securities Offers of HDFC
| Offers | |
| Free Demat Account | No |
| Free Trading Account | No |
| Discount on Brokerage | No |
| Trading Happy Hours | Yes |
| Flexible Brokerage Plans | Yes |
| 1 Month Brokerage Free | No |
| Holiday Offers | No |
| Referral Offers | No |
| Zero Brokerage for Loss Making Trades | Yes |
They always believe in providing quality-made products to the investors for huge satisfaction and convenience. Also, the company helps in fulfilling the investment needs and requirements of the clients.
Some of the offers that are provided by the HDFC Securities are as follows-
- They provide a trading happy hour to the customer for easy trading.
- Also, HDFC Securities provides flexible brokerage plans for making the trading experience even better.
- They do not charge any kind of brokerage for loss-making trades.
Securities Products & Services
Here is the list of the various products & services provided by the broking house.
HDFC Securities Products
The table provides the complete insight of the services that are provided giving information regarding HDFC Securities product offerings –
| Products | |
| Equity Trading | Yes |
| Commodity Trading | No |
| Currency Trading | Yes |
| Options | Yes |
| Futures | Yes |
| Mutual Funds | Yes |
| Forex | Yes |
| Banking | Yes |
| SIP | Yes |
| Insurance | Yes |
HDFC Securities is one of the biggest stock booking houses available across India. They provide the users with the best of trading products and services to satisfy them to the great extent.
Usually, the company is popular in the stock market due to its delivery of trading services and products. The products that are offered by the company include the segments of trading that are –
- Equity trading
- Currency trading
- Options
- Futures
- Mutual funds
- Forex
- Banking
- SIP
- Insurance
The financial products made available by the company to its customer are quite great. They help you build up a robust investment portfolio. Investors with a great portfolio achieve his/her financial goals easy and flexibly.
The seamless services of the investment by the company make the trading experience impressive and amazing as well.
HDFC Securities Services
Here is the table of the services that are provided by the company are as follows
| Services | |
| Demat Services | Yes |
| Trading Services | Yes |
| 3 in 1 Account | Yes |
| Intraday Services | Yes |
| IPO Services | Yes |
| Stock Recommendations | Yes |
| Robo Advisory | No |
| PMS | Yes |
| Trading Institution | No |
| Trading Exposure | Upto 6x |
HDFC Securities offers qualitative trading and investment services to all of its users. These are usually helping in making trading interesting and easy which is done by providing convenient services.
They are usually good at offering good portfolio management services through which clients can be able to make wise and flexible investment decisions.
Research & Advisory services by HDFC Securities
The table shows the insight into the HDFC Securities research & advisory –
| Research & Advisory | |
| Fundamental Reports | Yes |
| Research Reports | Yes |
| Company Reports | Yes |
| Annual Reports | Yes |
| Company Stock Review | Yes |
| Free Stock Tips | No |
| IPO Reports | Yes |
| Top Picks | No |
| Daily Market Review | No |
| Monthly Reports | Yes |
| Weekly Reports | Yes |
| Offline Advisory | Yes |
| Relationship Manager | Yes |
HDFC Securities performs as a comprehensive stock broking company that enables users to make a robust investment portfolio and earn maximum profit. For some great convenience and satisfaction, the company gives out the fundamental reports, followed up by research reports, company reports, annual reports, IPO reports, monthly reports, and weekly reports.
They also provide some great offline advisory and company stock reviews to make your trading process better.
Aside from that they also have provided a relationship manager who can assist you at every single step of trading.
HDFC Securities given Exposure / Leverage
The below table is providing the entire details regarding HDFC Securities Exposure or Leverage –
| Exposure / Leverage | |
| Equity Delivery | 1x (no margin) |
| Equity Intraday | Up to 6x (based on the stock) |
| Equity Futures | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
| Equity Options | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
| Currency Futures | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
| Currency Options | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
| Commodities | Intraday – 1.3x, Carry forward – 1x of NRML margin (Span + Exposure) |
| Margin Calculator | HDFC Securities Margin Calculator |
HDFC Securities provides an exposure up to 6x. This is quite a good offering qualitative and highest leverage on equity intraday, equity options, and equity delivery as well.
Trading Platforms provided by HDFC Securities
HDFC Securities is well known for the various trading platforms for seamless trading. Here are some of the platforms where you can trade –
| Trading Platforms | |
| Desktop Platform – Windows | Yes |
| Desktop Platform – Mac | Yes |
| Desktop Browser Platform | Yes |
| Mobile Site Platform | Yes |
| Android App Platform | Yes |
| iOS App Platform | Yes |
| Windows App Platform | No |
| Other Mobile OS Platforms | No |
| Real-time Updates | Yes |
| Portfolio Details | Yes |
| Online MF Buy | Yes |
| News Flash | Yes |
| Research Reports | Yes |
| Easy Installation | Yes |
| Global Indices | Yes |
| Stock Tips | Yes |
| Personalized Advisory | Yes |
| Interactive Charts | Yes |
| Live Markets | Yes |
| SMS Alerts | Yes |
| Email Alerts | Yes |
| Multi-Account Management | Yes |
Here is a detailed explanation of the platforms provided by HDFC Securities-
1. HDFC Securities Pro Terminal
HDFC Securities is one of the leading stock broking companies that are available in providing platforms convenient trading services for trading to its customers for years. The company has designed a new ProTerminal software for its privileged customers to offer more trading flexibility.
Also, the users can have an in-depth analysis of the stock market regularly. The platform is designed for traders, analysts, and researchers to make them know everything about the stock market.
The software is customized in such a way that will help to collect data, reliability, performance, and accuracy from a thousand sources across the world. It also offers real-time and ready-to-use information to the traders. This helps in making the right investment decision.
2. Here is the list of Proterminal trading platforms features-
- The platform enables the users to understand and analyze the stock market trends this will help in making the decision accordingly.
- Users can easily get an idea of the future of the stock market along with the data.
- They offer in-depth study and research-oriented output.
- You can have updated news on the stock market.
- The platform comes with real-time 360° stock market news.
3. HDFC Securities Blink Trade
This is another platform by HDFC. The platform is named Blink trading which is one of the competitive applications. This also assists the users in amplifying the trading experience and provides some great help. This is basically for speeding up the trading in the futures & options segment and equity as well. The subscription of blink helps in additional benefits on the mPowered trading platform.
The features that are provided by the BLINK trading application are given below-
- You can buy and sell stock in no time. The process is uber-fast.
- The platform enables the real-time monitoring of the prices.
- The platform is designed in such a way to assist the traders to take the right decision.
- The application comes with a single screen which help in placing order in F&O and equity.
- The platform helps in the Monitoring of Transactions- trade book, order book, net position.
4. HDFC Securities App
HDFC Securities provides a mobile trading application for a convenient and flexible trading process. Users can use this app to beef up their trading performance. It enables users to stay on the top of the market, buy and sell stocks in shares and derivatives.
The features of the mobile trading application are listed below-
- It is an Easy trading platform
- The platform provides customised SIP in ETF and Shares in few minutes
- They provide a great portfolio
- The platform provides live market data and market news.
- They provide Regular research calls
Gives out Interactive Demos.
- They provide timely updates
5. HDFC Securities Small case
This is another most effective platform that assists users to invest in state-of-the-art investment products. The platform comes with modern trading products that typically help users to construct a diversified, long-term and low-cost investment portfolio.
Here are some features are given for the small Case Trading Platform-
- The platform allows you to invest in all types of stocks with just 1 click.
- You can Track & monitor the stocks is very easy and secure with this platform.
6. HDFC Securities Voice-Enabled Investing
This is another platform provided by HDFC Securities named Voice-Enabled Investing. This is one of the most convenient trading platforms where you can invest in mutual funds and equities. They also assist this software with the help of the company’s voice assistance (Arya) who is leading via voice IoT devices in the specific broking space.
She manages to give the voice command commands as per the needs and requirements of the investors.
This is the list of the features that you get via Voice-Enabled Investing-
- The user will get help from Arya who manages to invest in equities and mutual funds.
- You just need a mobile number to open up a trading account for this.
7. HDFC Securities Digify
Another platform provided by HDFC Securities is named Digify trading platform which is an updated platform in recent times. This focuses on mutual funds which make the process of investing in them easier. The process is quite easy and quick.
Apart from investing in mutual funds they also enable the user to access the portfolio. The platform also tracks and manages investments and also withdraws them anywhere anytime.
The application is completely designed for making investments in mutual funds. If you want to start investing in mutual funds and find a platform where you can make some handsome profit then this is the one. Here are some reasons why you should invest in mutual funds with dignify-
- They provide easy portfolio tracking.
- The platform offers tax saving solutions to ELSS users.
- They have a Definitive choice of funds.
- You will find various methods for making investments.
- The user can open the account for free with digify.
- They can also access, manage and track their portfolio anywhere anytime.
Customer Support by HDFC Securities
The table gives an overview of the information where regarding HDFC Securities Customer Support –
| Customer Support | |
| Dedicated Dealer | Yes |
| Offline Trading | No |
| Online Trading | Yes |
| 24*7 Support | No |
| Email Support | Yes |
| Chat Support | No |
| Toll-Free Number | 1800 425 4332 |
| Branches | 156 |
HDFC Securities is normally good at providing good customer support to all of its clients. It provides online trading services. Its customers can email company executives regarding any trading issue.
Apart from that, customers can call on the company’s toll-free no. to resolve all kinds of queries. It has more than 153 branches through which customers can get physical support.
Complaints by HDFC Securities
The table chart given below is providing the details about HDFC Securities Complaints –
| Complaints (Current Year) | |
| Lodged in BSE | 194 |
| Resolved in BSE | 189 |
| Lodged in NSE | 226 |
| Resolved in NSE | 215 |
The table above gives an insight into how the company has performed extremely well in the stock market. The data overall about the complaints lodged by the customers are resolved with time.
According to the data, some complaints are left to be resolved.
Disadvantages HDFC Securities
There are quite a good number of advantages over disadvantages provided by the company. The disadvantages are listed below-
- The company doesn’t provide any kind of flexibility in the brokerage calculator.
- Also, the company doesn’t provide daily stock market reviews to the customers.
HDFC Securities Conclusion
The company HDFC Securities provides all kinds of beneficial financial services to clients. They do offer some qualitative investment products and services to provide huge satisfaction to the customers.
The companies aim to give out a clear vision to its client to take the proper decision regarding investment decisions. If you are thinking of investing in HDFC go through the article and learn about everything related to the company.
HDFC Securities Review and Frequently Asked Question
Ques – HDFC Securities is a safe trading platform or not?
Answer – the platform is safe for its clients. The brand speaks for itself which carries the tag of trust and they have a record of great services for a long time. They have a high reach in the world of finance. This is indeed one of the best platforms to trade on.
Ques – what are the brokerage charges of HDFC Securities?
Answer – being the full broker they charge the clients on a percentage basis. For example in Intraday, Futures, and Currency Futures is the same, i.e. 0.05% or min Rs.25, it is 0.50% or min Rs.25 for delivery and it is Rs.100 per Lot or 1% of Premium for Equity Options and Currency Options.
Ques – HDFC Securities Demat opening online?
Answer – to open a Demat account you need to click on the green button given on the website named “Open Demat Account”. There will be a pop and then go through the next EKYC process. For further details read the articles.
Ques – What benefits does HDFC Securities provide?
Answer – there are several benefits and advantages provided by them such as they have intraday with 6x exposure. The next segments, i.e. Delivery, currency options and commodities provide up to 1.3x exposure. Futures, currency futures, and equity options provide up to 1.3x each.
Ques – Are there any trading Apps provided by HDFC Securities?
Answer – Yes, applications are supporting the services provided by HDFC Securities. The application is simple to use and there are a lot of features that are in line with the technology and the present need of the investors. This also includes trading on the go.
Ques – How to reach out to HDFC Securities customer care?
Answer – HDFC provides multiple ways of customer care services. There are online as well as offline mediums to contact the broker. For the online mode, you can have the option of email support and a toll-free number to connect with the broker regarding any help. The chat support isn’t on the list.
Ques – HDFC Securities provide Research or not?
Answer – The company is known for its services as a full-time services stockbroker they provide full-fledged trading activities. Also, you can avail different facilities through stock recommendations and investment tips from the experts of the industry.
Ques – Is it a worthy platform for Beginners?
Answer –if you are a beginner and looking for an investment with some platform then this is the one. The platform is reliable, safe, and the brand name is famous too. The company provides research and advisory services as an add on. The brokerage is a bit high but the services provided are top-notch.
Ques – who is the founder of HDFC Securities?
Answer –this is a financial service platform that is a children’s company to the HDFC bank. The present position of CEO is held by Dhiraj Relli.
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