HDFC Securities Review – Charges, Trading Platforms, Demat Account, Offers & more

Know everything about HDFC Securities Review here. Start your journey of smart investing with HDFC securities now.

HDFC Securities, a subsidiary of HDFC Bank, started its journey 23 years ago in 2000.

From retail investors to institutional clients, HDFC securities have achieved positive reviews since the year of inception.

Backed by a strong group like HDFC, HDFC Securities charges are quite competitive, and it has helped to achieve 50 Lakh clients in the last ten years.

Also, the brokerage house has a 14 lakh client base milestone in FY 23.

Why Trade or Invest with HDFC Securities?

The HDFC-backed house has served traders with excellent products, services, and financial literacy for over two decades.

So, you have many reasons to fall in love with the financial conglomerate. Whatever you need is HDFC securities account to enjoy.

Stability and strong backing: As a subsidiary of India’s largest private sector bank HDFC, the brokerage house ensures the parent company’s expertise, stability, and brand value.

Moreover, it boosts investors’ confidence in a volatile market during challenging times.

Robust analysis body: HDFC securities have a long-term history of good analysis and research-based recommendations for traders. So, this is how a company gets massive support from clients.

Advanced platforms: HDFC securities can take pride in the first-time installation of some software, tools, and equipment on its platforms.

So, these platforms support you with better recommendations and in-depth analysis so that you can make a profit-making decision.

Despite being a part of India’s largest private bank, HDFC securities brokerage has a plan that suits all pockets.

However, understanding the brokerage is important for traders before starting the journey.

If you choose a minimum starting plan of Rs.199 for 360 days, you must pay more for intraday (0.32%) or delivery trading charges(0.32%).

However, you can reduce these costs to 0.10% by joining Rs.5,999 plan. Investors can also join a lifetime plan by investing between Rs.10,000 to Rs.1,00,000.

HDFC Securities Calculator

Calculate Brokerage Charges of HDFC Securities.

How to Open HDFC Securities Demat Account?

Experience a hassle-free investment and achieve investment goals with HDFC Securities Demat Account.

The brokerage firm encourages paperless online mode. You need basic info like ID proof, bank details, mobile number, cancelled cheque, and a valid email id.

Traders must submit details in the online form and get verified KYC with wet signs and IPV. After that, submit them all with an e-sign. Moreover, NRI traders have the option of a 3-in-1 NRI account.

Despite encouraging online accounts, traders can download and fill out the form with the help of an RM. You can submit it to the nearest branch.

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Being a leading securities house in India, HDFC provides multiple trading Apps, platforms, and tools for subscribers.

Furthermore, they offer other wealth management and financial solutions from the same platforms.

Check some convenient platforms:

• Mobile and tablet-friendly HDFC Securities App is popular on iPhone, Apple tablets, and Android phones.
• HDFC securities ProTerminal is a desktop-friendly terminal to get in-depth analysis, real-time quotes, and market insights
• The web-based trading platform is perfect for desktop users

These trading platforms offer different trading styles, preferences, and expertise to empower investors.

With an experience 23 years of, HDFC securities understand well the value of tech-driven adaptations of their platforms.

So, they present a series of platforms for a user-friendly experience. HDFC Securities has massive positive reviews on all its platforms, from search engines to Apps.

Traders have advanced and quick reloading options and research-based recommendations. In addition, investors will get many financial solutions and wealth management tutorials.

So, investors can enjoy the joy ride of passive income in various platforms as per their requirements with the help of the following platforms –

HDFC Securities App

Trade confidently and enjoy the power of mobile trading with HDFC SEC App.

It has millions of users only in the Android market, so you can also open the door to potential investments with the advanced software.

Traders get support in various manners from the app-based terminal —

• Opportunity to get multiple watchlists at the same time
• Advanced portfolio for current holdings and next opportunities
• Zapp order features and Superstart portfolios (top analysts’ choices)
• Live notifications as per preference
• Personalised recommendation as per risk appetite
• Choose top-rated products in the market with historical data
• Real-time market data and live research reports with fast reloading

HDFC Securities Pro Terminal

Get a market advantage with the HDFC Securities ProTerminal webpage or App. It is a well-informed body and set up of research, analysis, and market insights to gather info for traders.

So, level up yourself with some more unique features—

• Gathers data for traders from thousands of sources and experts
• Assimilate and provide a short-term analysis to traders for an instant decision
• Get a precise analysis of market sentiments
• Personalised widgets to filter excess or unnecessary information in the platform
• Algo-driven data helps to predict an almost accurate picture of a volatile market.
• Check interest rates and implied volatilities in one screen.

HDFC Securities Web Trading

Seamlessly execute trades and enjoy real-time market data at your fingertips with the web trading platform of HDFC securities.

Although mobile trading getting popularity, HDFC traders also love web pages. A large section of traders are involved in web trading.

So, some advantages are as below:

• Trade multiple products under one umbrella, like equity, derivatives, SIP, basket tradings, and many more
• User-friendly data and analysis for quick understanding
• Get daily reports and portfolio health data with valuable tricks from the research team
• Faster reload and rapid transaction with powerful tools
• Information on Global market trends and order slicing of cash and derivatives for a better facility.

Moreover, you can join CALL & TRADE directly from the firm’s central desk. You have state wise phone number list to call their personnel. Check the website for the detailed list.

Awarded as India’s most ethical company, HDFC Securities offers a wide range of financial products with various plans.

You have brokerage plans for all seasons with various prices. So, you can make a comfortable entry without thinking about brokerage fees.

• Choose a Standard, Prime, or Classic plan for a demat account
• Choose a wide range of products —derivatives, ETF, equity, NPS, SIP, bonds, and foreign stocks
• 360 days plan with an offer from Rs.199 to Rs.5,999
• The lifetime plan comes with a minimum subscription of Rs.10,000 and a maximum of Rs.1,00,000
• GST or STT will be levied separately
• For Future & Option, a separate fee of Rs.20 is applicable

HDFC Securities SWOT Analysis

Check out the SWOT Analysis of HDFC Securities below.

Strength

• Backed by a cash-rich banking house
• Constant growth graph in last ten year
• Strong brand name in the market with positive reviews
• The company has 96% under the promoter’s (HDFC Bank) holding
• A wide range of products for diverse investment and advisory bodies help

Weakness

• Mainly app-based, with a less physical presence in India, it mostly depends on banking branches.
• Some of the nearest competitors have low prices, and AMC is higher than its rivals.
• Multi Commodity Exchange or NCDX trading is not possible.

Opportunities

• The brokerage firm should focus on more branches, separate from the bank body.
• A well-organized API terminal is in demand from clients
• Should focus on commodity trading

Threat

• Price is a significant concern; new competitors have the same facility at a low rate.
• Data breaching is a challenge — the main bank body also suffered from this
• SEBI norms and regulators may create a problem

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If you have an HDFC Securities Trading Account, you can enjoy research-based recommendations, market analysis, target price, and much more about the financial literacy program.

Deep analysis: HDFC research team makes a complete analysis of a company before making recommendations. Moreover, it includes performance metrics and industry comparisons.

Algorithm based assumptions: Algorithm-based notifications with short summaries so that you can make quick decisions. So, it increases the possibility of accurate prediction.

Proper future prediction: The research team also provides data on future predictions. It helps to balance your risk appetite.

Margin may vary to the market’s volatility, but you can use HDFC Securities’ margin calculators. However, traders can make —

• Up to 4x in marginal trading facility
• For HDFC equity delivery, traders can have a 1x margin
• Up to 5x with intraday trading
• Margin Trading Facility can make 4x leverage on selected stocks
• HDFC securities offer 1.3x for equity Future and Option intraday trade
• During Currency F&O trading, make 1x of investment

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HDFC Securities are dedicated to providing excellent customer support to traders.

From personalized assistance to online support, HDFC Securities customer care is available in all major communication routes.

Get call support at 022-39019400 during office hours. However, you can also raise your issues on major social media platforms like Facebook, Twitter, and Telegram.

You can write an email to [email protected]. In addition, they have a state-based helpline for quick reach out and solutions.

Due to excellent customer support and better recommendations, HDFC Securities have fewer complaints in exchange markets.

In BSE, out of 4,29,205 active clients, only 29 reports have been filed against the company. Even 27 complaints have been solved in the exchange market. So, they have only a 0.00046% error.

In the same financial year, NSE got 182 complaints among 10,63,911 active clients. However, 152 have been solved in the exchange market, so the accuracy level is 0.0028%.

The company has had almost the same reputation in past years.

HDFC Securities Charges

HDFC securities charges vary on policies and are subject to change based on revised norms.

However, being a top raking brokerage house, HDFC securities has no record of hidden charges. The firm notifies fees in its traders via email or Apps.

However, critics asked for more competitive rates from the firm, and the firm doesn’t encourage free plans in the maximum segment.

They have at least ten plans with various charges for every pocket. So, let’s check some fee structures of the firm before joining it.

• HDFC Securities Account Opening depends on a Standard, Prime, or Classic plan.
• Price starts from Rs.199 and can reach up to Rs.1,00,000 subscription fee with lifetime service.
• Also, count the AMC charge of Rs.750/ year.
• Equity intraday charge depends on your plan and varies from 0.010% to 0.032%
• For the lifetime brokerage plan, intraday charges are between 0.015% to 0.030%

In addition, you have to pay regular Govt fees like STT, GST, and SEBI/ exchange tax. However, you can use their built-in calculator for a perfect picture.

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HDFC Securities Review – Conclusion

Supported and financed by the largest private sector bank, the firm has served the nation for 23 years.

Overall, the brokerage house aims to empower investors with user-friendly platforms, research support tools, and resources they need to make informed investment decisions and achieve their financial goals.

Despite HDFC Securities positive reviews, the house needs to revise brokerage fee structures to make it more affordable in this competitive market.

FAQs on HDFC Securities

Check out various FAQs related to HDFC Securities Review here.

Is HDFC Securities a Safe Broker?

Yes, it is a safe, fast, and intelligent investment decision. HDFC backs the firm and has been operating successfully for the last 23 years.

Is HDFC Securities Good for Beginners?

Yes, HDFC has some tutorials on various platforms for beginners. Moreover, the company focuses on the financial literacy of non-subscribers also. The house is awarded for guiding new investors.

How many active clients does HDFC Securities have?

By combining NSE and BSE data, HDFC securities have more than 14 lakh active clients in FY 23

Who is the Founder of HDFC Securities?

Started by HDFC bank group, Dhiraj Relli is CEO and MD at HDFC Securities Ltd.

Does HDFC Securities provide Free Delivery Trading?

After 1st trade, you must pay only a 0.01% brokerage fee for equity delivery.

What are Intraday Trading Charges in HDFC Securities?

Intraday trading charges of HDFC securities depend on different subscription plans. However, higher one-time brokerage fees can reduce charges on daily-based operations.

For regular brokerage plans, you must pay between 0.010% to 0.032%, but a lifetime plan can reduce the fees from 0.030% to 0.015%.

What are HDFC Securities F&O Charges?

Check the current price list from the website; they have a lucrative offer in F&O for 3 in 1 account.

For Equity Futures, the brokerage is 0.002%, and for Options, it is 0.003%. However, in the case of currency F&O, the charge is 0.0001%.

Does HDFC Securities charge for Commodity Trading?

HDFC commodity trading charge is 0.025% per lot. In addition, if you choose the square-off trade, then the charge is reduced to 0.020% per order. However, Rs.20 is a flat fee in both cases.

Does HDFC Securities charge for Currency Trading?

For currency futures, the brokerage is Rs.23, and for currency options, Rs.20 is applicable for each contract. Also, you have to pay a nominal fee, GST, SEBI tax, and stamp duty.

Does HDFC Securities provide Research?

Yes, HDFC provides mainly Research made by professional teams. Sometimes, it is powered by an algorithm. But companies need to work more on Research by machine learning, AI.

How to contact HDFC Securities Customer Care?

You can call an RM of your state (check the list from the website) or dial their central help desk at 022-39019400.

Moreover, you can raise complaints in the live chat of apps. You can raise your issue on the social media platforms of the firm.

How much is AMC in HDFC Securities?

Traders must pay Rs.750 for AM, which is comparatively higher than rivals.

What are Account Opening Fees in HDFC Securities?

You can start a minimum plan for account opening with Rs.199. However, 3 in 1 account is free up to a particular time.

What are Pledge Creation Charges in HDFC Securities?

Pledge Creation charges are zero, but confirmation Charges in HDFC Securities are 0.04% transaction.

How Much are Pledge Invocation Fees in HDFC Securities?

In the case of general accounts, Pledge Invocation Fees are 0.04% of the total volume.

Does HDFC Securities levy any Interest on Margin Trade Funding?

HDFC securities MTF known as e-margin, charge interest of 0.05% of daily based operations

What are DP Charges in HDFC Securities?

DP charges are Rs.25 per scrip or 0.04%. However, it could reach Rs.35 on each sell transaction ( Charges by NSDL= Rs.17.50 + CDSL= Rs.18.50). Contact RM for details.

Does HDFC Securities levy any Account Closure Fees?

If your AMC is clear, you don’t need any charge or penalty for closing.

What are Account Reactivation Fees in HDFC Securities?

Request by sending an email to [email protected], call an RM, or click on simple log in and update your data. There is no charge for reactivation.

What are Call & Trade Charges in HDFC Securities?

You don’t need an extra fee after subscribing to a minimum plan for a demat account.