HDFC Securities Review – Services, Brokerage Charges, Margin, Demat Account, Platforms, Research Reports & More

HDFC Securities Review

Page Contents Table

HDFC Securities is the subsidiary brokering arm of HDFC Bank. It came into existence in the year 2000 and started its services in April. Mr. Dhiraj Relli is the managing director and CEO of HDFC Securities Limited.

HDFC Securities private limited is a trustworthy full-service broker due to its banking services from the parent brand. In other words, HDFC security is a bank based full-service broker offering 3 in 1 account, which includes DEMAT, Trading, and Bank Account facilities.

The main advantage of having a 3 in 1 account facility is that it offers a smooth trading experience and makes your fund transfer super-fast and accurate. 

Since HDFC Securities is integrated with backing facilities allows the user to withdraw and deposit directly without any delay. It operates the whole trading and banking activities by using a single account.

The active client base of HDFC Securities Pvt ltd is the Financial year 2019-2020 is 6,35,425, which makes the brokerage the 3rd largest full-service broker of the country. The brokerage firm holds more than 26 offline branches all across the country

If you are someone who wants to trade with HDFC Securities, then you must go through the HDFC Securities Review carefully. The bank based brokerage firm offers multiple trading facilities and services mentioned below:

  • Equity Trading
  • Mutual Funds Investments
  • IPOs
  • ETFs
  • Bonds
  • Fixed Deposits
  • Currency Trading
  • HDFC PMS
  • Insurance
HDFC Securities Review
HDFC Securities Review

HDFC Securities Trading Software And Platforms

The broker offers a wide range of trading platforms to its clients, which includes web-based desktop-based and mobile-based trading platforms.

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The best part of the HDFC Securities Ltd is that all the trading platforms offer by the broker are totally in house developed and maintained trading software

Let’s check out all the application in details mentioned below:

Trade.HDFCSec – HDFC Securities Web-based Trading

It is the web-based trading platform offered by HDFC Securities to its clients. It works on any web browser, no matter where you are.

It works on a laptop, desktop, and mobile with an internet connection; the trading segment is doesn’t demand a high-speed internet connection.

It is very well optimized to offer the best responsive trading experience; the primary intention of the platform is to deliver an intact and optimal performance all the time without technical glitches.

The best features of this web trading platform are:

  • It is a customizable web trading terminal where a user can easily personalize the setting as per trade preference and pattern.
  • It comes with a variety of technical and fundamental market lists for better trade understandability.
  • It also allows its users to trade using the daily research reports, market holding news, trade recommendations, and tips all within the web terminal.
  • The customer can arrange personalized watch lists for higher revenue generation.

BLINK – HDFC Securities Desktop Based Trading

HDFC Securities BLINK is the executable Desktop-based trading platform that provides tons of trading features to its users. It comes with a customizable trading interface with real-time monitoring.

The application comes with a single-window interface to allow trading in equity and F&O. It also provides advanced trade charts, real-time stock market quotes, and buying and selling using keyboard shortcuts. However, the biggest disadvantage of BLINK is that it is a Paid trading platform.

Here are some prominent features of HDFC BLINK:

  • It allows the user to observe the real-time price of the stocks and its movement, which helps the user to make the decision.
  • By using the platform, a trader can monitor transactions, including order books, net positions, and trade book details.
  • Order placement facilities in a single-window interface for both equity and F&O.
  • Additional keyboard shorts for fast trading especially in the case of buying and selling orders and its management.

HDFC Securities Mobile App – The HDFC Securities Mobile Trading Application

The official mobile trading application of HDFC Securities is one of the well-built mobile trading platforms that allow its users to trade and invest across all trading segments and investment options.

It allows its users to deal with easy trade, portfolio management, daily research reports, regular trade notifications, and alerts. A user can simply download it from Google play store or Apple’s App Store.

Some useful features of HDFC Mobile App:

  • It avails its users with intraday real-time trading charts with interactive features for customization.
  • Useful technical and fundamental research reports for effective trade analysis.
  • The application offers access to unique investments ideas and recommendations, real-time market tips, and in-depth research reports.
  • The platform allows the traders to trade in all segments instantly including equity and derivatives within the single application with a single click operation.

Read Also: HDFC Securities Login: Get Login Info For Mobile Trading Apps, Digify, ProTerminal & Back Office

HDFC Securities Research Report And Advisory Trading Tips

Being a Full-service bank based stock Broker HDFC Securities offers high-quality research reports. Due to its regular updating of trading tips and recommendations helps the client to cope with trading hassles. 

If at any moment a user encounters and trading difficulties then they can directly contact the officials of HDFC Securities via Email, SMS and trading platform helpline.

The quality of research reports, trading calls and tips at the intraday level is quite better when compared with other big players. However, the nature of fundamental reports is pretty well maintained and accurate.

Here are some of the research reports HDFC Bank Securities offers:

  • Detailed market Reviews
  • Monthly Research Trade Reports
  • Weekly Trade Reports
  • Analysis Reports on IPOs
  • Daily Basis Stock Tips
  • Real-time Stock Reports
  • Company Base Reports
  • Annual Research Reports
  • Technical Research Reports
  • Fundamental Reports
  • P&L Reports

HDFC Securities Competitor:

Broker NameRatingA/c Opening ChargesApplication
upstoxA>>>⭐⭐⭐Rs.0 Free
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HDFC Securities Customer Care, Support and Office Addresses

The full-service bank based broker offers various customer communication channels to its users for easy trading with high satisfaction. Here are the ways to connect to its customer service support team:

  • Via Email
  • Offline based branches
  • Over Phone call
  • Online assistance via Webchat and web form

Customer Care Numbers, Addresses, and E-Mail ids.

Corporate Office :I Think Techno Campus, Building B, Alpha,Office Floor 8,
Near Kanjurmarg Station, Kanjurmarg (East),Mumbai – 400 042.
Tel – 022 30753400
Email Support :[email protected]
Customer Support / Call & Trade :022 39019400022 33553366

HDFC Securities Customer Ratings

SegmentsRatings
Fees2.1 out of 5
Brokerage1.9 out of 5
Usability2.9 out of 5
Customer Service2.5 out of 5
Research Capabilities1.8 out of 5
Overall Rating2.2 out of 5

HDFC Securities Prices and Charges

Being a full-service bank based stockbroker, HDFC Securities imposes a variety of charges from its customers. It is quite important to know all the charges very clearly before paying them to the broker.

Here we have covered almost every payment detail charged by the broker and we recommended you check each of them thoroughly for better understanding.

HDFC Securities Account Opening Charges

It is the very first step to open a Trading and DEMAT Account before stepping into the world of trading. Here are the details of account opening charges levied by the broker:

SegmentsOpening Charges
Opening Charges for Trading AccountRs.999
Opening Charges for DEMAT AccountNIL
AMC For Trading AccountNIL
AMC For DEMAT AccountRs.750

The full-service stockbroker offers Trading Account with nominal charges of Rs.999 and the charge for DEMAT Account is free of cost.

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Lastly, there is annual maintenance of Rs.750 per annum for DEMAT Account, but luckily there is no maintenance charge for Trading Account.

HDFC Securities Brokerage Charges and Plans

HDFC securities brokerage charges impose to its clients are quite satisfying considering the services and support it offers. 

Let’s cover each trade segment in detail.

SegmentsBrokerage Charges
Intraday Delivery0.1%
Equity OptionsRs.100/Lot
Equity Futures0.05% of Rs.25 (higher will be considered)
Equity Delivery0.5% of Rs.25 (higher will be considered)
Currency OptionsRs.20/Contract
Currency FuturesRs.23/Contract
CommodityNot Applicable

The brokering firm doesn’t offer services for Commodity, the brokerage charges for Equity Intraday and Equity Futures are 0.1% and 0.05% of Rs.25 (higher will be considered) respectively. Rs.20 per contract and Rs.23 per contract for Currency Options and Currency futures respectively.

Apart from the above, the broker charges Rs.100 per lot for Equity options and for equity Delivery the brokerage is 0.5% of Rs.25 (higher will be considered).

HDFC Securities Transaction Charges

Every trading includes certain brokerage fees which we discussed above, but it comes with minimal transaction charges too. Most of the beginner traders don’t even aware of these charges. 

Here we had given all the details of the transaction charges.

SegmentsTransaction Charges
Equity Cash And Delivery0.0038%
Equity Options0.075% on premium
Currency Options0.075% on premium
Equity Futures0.0027%
Currency Futures0.0027%
Commodity0.0025%

For Equity Intraday and Equity Delivery, the broker charges a 0.00380% transaction charge. Whereas for Currency Options and Currency Futures the transaction charges are 0.075% and 0.0027% respectively. For Commodity it is 0.0025%, For Equity Options it is 0.075% and lastly 0.0027% for Equity Futures.

HDFC Securities Margin and Exposure

Trading is a game of uncertainties but when we plan it effectively with the best analysis then every trade offers profitable revenue in return. Few pro investors prefer trading using high margin or leverage for gaining huge profits. 

So the details of the margin given by the broker are mentioned below:

SegmentsMargin and Leverage
Equity IntradayThe margin of up to 20 times
Equity DeliveryUp to 2 times exposure
Currency OptionsNo Exposure offered
Currency FuturesNO Leverage for Intraday
CommodityNot Applicable
Equity FuturesNo leverage offered  for intraday
Equity OptionsNo margin offered

HDFC securities Pvt ltd offers Equity Intraday margin up to 20 times, No Exposure for Equity Options. 

The margin of 2 times is allowed for Equity Delivery, commodity trading facility is not available with the broker and no leverage for Equity Futures. 

However, for other trading segments, the broker doesn’t offer any trade exposure to its clients.

HDFC Securities Comparison with its Closest Competitor.

1. HDFC Securities Comparison With Closet Discount Brokers

BrokerHDFC Securities5paisaZerodhaUpstox
Service TypeThe financial firm offers full-service bank based broking firmOnline Discount Stock BrokerOnline Discount Stock BrokerOnline Discount Stock Broker
Brokerage Range.05 to .5%A fixed charge of Rs. 10A fixed charge of Rs. 20A fixed charge of Rs. 20
Account Type3 in 1 (Trading, Bank and DEMAT)2 in 1 (Trading and DEMAT)2 in 1 (Trading and DEMAT)2 in 1 (Trading and DEMAT)
Equity Delivery0.5% or 50 paisaRs. 10 (Fixed)Rs. 0Rs. 0 or no charge
Equity Intraday0.05% or 5 paisaA fixed charge of Rs. 10Rs. 20 or 0.01% (lowest will be preferred)Rs. 20 or 0.01% (lowest will be preferred)
Equity Futures0.05% or 5 paisaRs. 10 (Fixed)Rs. 20 or 0.01% (lowest will be preferred)Rs. 20 or 0.01% (lowest will be preferred)
Equity options0.1% of Premium or Rs 100 per lot whichever is highRs. 10 (Fixed)Rs. 20 (Fixed)Rs. 20 (Fixed)
CommodityRs. 20 per orderRs. 10 (Fixed)Rs. 20 (Fixed)Rs. 20 (Fixed)
Currency futuresRs 23 per lotRs. 10 (Fixed)Rs. 20 or 0.01% (lowest will be preferred)Rs. 20 or 0.01% (lowest will be preferred)
Currency optionsRs 20 Per LotRs. 10 (Fixed)Rs. 20 (Fixed)Rs. 20 (Fixed)
Rating8.1 out of 108 out of 108.6 out of 108.6 out of 10
Broker NameRatingA/c Opening ChargesApplication
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2. HDFC Securities Comparison with Closet Full Service Broker.

BrokerHDFC SecuritiesSharekhan Online TradingAngel broking online tradeEdelweiss Financial Service Ltd
Service TypeThe financial firm offers full-service bank based broking firmThe financial firm offers full-service brokingThe financial firm offers full-service brokingThe financial firm offers full-service broking
Brokerage Range.05 to .5%The percentage  ranging from 0.10 percent to 0.50 percent based on trade orderVaries from Rs. 15 to Rs.30 depending upon the segmentVaries from Rs. 10 to 0.5% depending upon the segment
Account Type3 in 1 (Trading, Bank and DEMAT)2 in 1 (Trading and DEMAT)2 in 1(Trading and DEMAT)2 in 1 (Trading and DEMAT)
Equity Delivery0.5% or 50 paisa0.5% or 50 paise (lowest will be considered)If under Rs. 50,000 then Rs. 15 will be chargedIf above Rs. 50,000 then Rs. 30 will be chargedRs.10 or 0.01% (lowest will be considered)
Equity Intraday0.05% or 5 paisa0.1% or 10 paise (lowest will be considered)If under Rs. 50,000 then Rs. 15 will be chargedIf above Rs. 50,000 then Rs. 30 will be chargedRs.10 or 0.01% (lowest will be considered)
Equity Futures0.05% or 5 paisa0.1% or 10 paisa (lowest will be considered)Rs. 30 (fixed Charge)Rs.10 or 0.01% (lowest will be considered)
Equity options0.1% of Premium or Rs 100 per lot whichever is highRs. 250 only or 2.5 percent of the premium (higher value will be considered)Rs. 30 (fixed Charge)Rs. 10 (fixed Charge)
CommodityRs. 20 per orderThe charge varies from 0.1 percent or Rs. 0.10 (lowest will be considered)Rs. 30 (fixed Charge)Not Applicable
Currency futuresRs 23 per lot0.1% or Rs. 0.10 (lowest will be considered)Rs. 30 (fixed Charge)Rs.10 or 0.01% (lowest will be considered)
Currency optionsRs 20 Per LotRs. 250 only or 2.5 percent of the premium (higher value will be considered)Rs. 30 (fixed Charge)Rs. 10 (fixed charge)
Rating4.0 out of 54.0 out of 54.3 out of 54.1 out of 5

HDFC Securities Complaints received at BSE/NSE

HDFC Securities Complaints received at BSE/NSE Here are some complaints the customers raised against the HDFC securities ltd. The users find difficulties while trading with the broker with unsolved issues. So they filed cases directly to the trade exchanges.

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ExchangeFinancial YearNumber of Clients *Total Complaints **
BSE2019-20171,38010
NSE2019-20675,44882
BSE2018-19175,2139
NSE2018-19668,31287
BSE2017-18331,57833
NSE2017-18602,493102
BSE2016-17175,24320
NSE2016-17483,24495
BSE2015-16121,84213
NSE2015-16408,05975

HDFC Securities Advantages And Disadvantages

HDFC Securities Advantages

  • The broker offers 3 in 1 online trading account with banking facilities.
  • It is one of the most secure and trustworthy brokers for your money and investment
  • They offer 24/7 customer service support to its users.
  • Easy to use web-based trading platforms, desktop-based trading platforms, and mobile trading too.
  • Allows the user to deal with Derivative trading
  • Provision for NRI Services 
  • investment in Mutual Funds, IPOs, and insurance services
  • Trading in both BSE and NSE is available.

HDFC Securities Disadvantages

  • The broker doesn’t allow commodity trading 
  • The brokerage charges are on the higher side.
  • Not a good option for small traders
  • It imposes charges for trading platforms
  • SMS Based research reports and trading tips are chargeable.
Open HDFC Demat Account
Open HDFC Demat Account

Conclusion

HDFC Securities is the first and foremost a reputable brand as it comes to share market investing, as many crooked brokers are smart enough to take advantage of honest customers. You will be able to become a complete-time trader with the 3-in-1 account, despite feeling lightheaded over the dealings associated.

The trades are trouble-free and therefore it doesn’t ask you, as most other dealers need, to submit a snapshot or a print of your payment. If you’re looking for a trouble-free way of investing your money, HDFC Securities is the way forward. Yet you also need to be prepared to pay the service fees as well as other fundamental charges imposed on each investment you establish.

The company is perfectly suited for moderate to high-level investors preparing to make large investments.

HDFC Securities FAQs

Q1. What type of stock brokerage firm is HDFC Securities is?

Ans. HDFC Securities is a bank based Full-service based brokerage firm.

Q2. When HDFC Securities started its operations?

Ans. HDFC Securities started offering its services in the year 2000.

Q3. Does HDFC Securities offer a 3 in 1 account to its users?

Ans. Yes, HDFC securities offer a 3 in 1 account facility to its users.

Q4. Who is the Director of the HDFC Securities?

Ans. Mr.Dhiraj Relli is the director of the HDFC Securities.

Q5. Does HDFC Securities Offer offline branches for customer support?

Ans. Yes, HDFC Securities offers offline branches for customer support.

Q6. Does HDFC Securities offer margin trading to its customers?

Ans. Yes, HDFC Securities offers margin trading to its customers.

Q7. Does HDFC Securities hold its Depository participant services?

Ans. Yes, HDFC Securities holds its own DP services.

Q8. Does Equity Trading is allowed with HDFC Securities?

Ans. Yes, Equity Trading is allowed with HDFC Securities.

Q9. Is there any future trading option HDFC Securities offers to its users?

Ans. Yes, HDFC Securities offers Future Trading to its clients.

Q10. Do ETFs is allowed with HDFC Securities?

Ans. Yes, ETFs are allowed with HDFC Securities.

Q11. Does Mutual funds investment feature is available with HDFC Securities?

Ans. Yes, HDFC Securities offers Mutual Fund investment services to its clients.

Q12. Being a client it is allowed to invest in Government Bonds with the HDFC Securities trading platform?

Ans. Yes, investment in Government Bonds is allowed with HDFC Securities financial firm.

Q13. PMS with HDFC Securities is allowed or not?

Ans. Yes, you are allowed to do PMS with the help of the broker.

Q14. Mention the name of the official Web Based trading platform of HDFC Securities?

Ans. Trade.HDFCSec is the official Web-based trading platform.

Q15. Is there any other web trading platform offered by HDFC Securities?

Ans. Yes, the HDFC Securities brokerage firm doesn’t offer any other web trading platform.

Q16. Does the Trade.HDFCSec is an in-house developed trading platform?

Ans. Yes, Trade.HDFCSec is the in-house developed trading platform of HDFC Securities.

Q17. What is the mobile trading application of HDFC Securities?

Ans. HDFC Securities offers its clients with HDFC Securities Mobile App for mobile-based trading.

Q18. What is the opening charge of HDFC Securities for the account of Trading?

Ans. Rs. 999 is charged by the broker for the opening of the Trading Account.

Q19. What is the opening charge of HDFC Securities for the account of DEMAT?

Ans. Rs.0 is charged by the broker for the opening of the DEMAT Account.

Q20. What are the AMC HDFC Securities charges for a trading account?

Ans.  HDFC Securities imposes no charge on its clients for Trading account AMC.

Q21. What is the AMC HDFC Securities charge for the DEMAT account?

Ans. Rs.750 is charged by the broker for the AMC of DEMAT Account.

Q22. Does HDFC Securities allow its clients to invest in Bonds?

Ans. Yes, Investing in Bonds is allowed with HDFC Securities.

Q23. What is the brokerage charge HDFC Securities charges for Equity Delivery?

Ans. It is around 0.5% of Rs.25 (higher will be considered) levied by the financial firm.

Q24. What is the brokerage charge HDFC Securities charges for Equity Options?

Ans. It is for Rs. 100/Lot per order levied by the financial firm.

Q25. What is the brokerage charge HDFC Securities charges for Equity Intraday?

Ans. It is around 0.1 percent levied by the financial firm as per the selected plan of brokerage.

Q26. What is the brokerage charge HDFC Securities charge for Equity Futures?

Ans. It is around 0.05% of Rs.25 (higher will be considered) levied by the financial firm as per the selected plan of brokerage.

Q27. What is the brokerage charge HDFC Securities charge for Currency options?

Ans. It is for Rs. 20/Lot levied by the financial firm.

Q28. What is the brokerage charge HDFC Securities charge for Currency Futures?

Ans. It is around Rs. 23/Lot levied by the financial firm as per the selected plan of brokerage.

Q29. Does HDFC Securities offer a Research report to its clients?

Ans. Yes, the broker offers trade Research Reports to its clients.

Q30. Does HDFC Securities offer Mutual Funds investment facilities?

Ans. Yes, Mutual Fund Investment is allowed by HDFC Securities Securities.

Q31. How many HDFC Securities charges for the transaction?

Ans. The company charges 0.0038% for Transaction.

Q32. How much HDFC Securities charge for STT?

Ans. The firm charges 0.0126% for STT to its users.

Q33. How much margin does HDFC Securities avail for Equity Futures to its clients?

Ans. HDFC Securities offers no exposure to its customers.

Q34. How much margin does HDFC Securities avail for Equity Delivery to its clients?

Ans. HDFC Securities offers 2 times exposure to its customers.

Q35. How much margin does HDFC Securities avail for Equity Intraday to its clients?

Ans. HDFC Securities offers up to 20 times exposure to its customers.

Q36. How much margin does HDFC Securities avail for Equity Options to its clients?

Ans. HDFC Securities offers no exposure to its customers.

Q37. Does HDFC Securities allow it, users, to invest in SIPs?

Ans. Yes, Investment on SIP is allowed with HDFC Securities.

Q38. Do HDFC Securities offer P&L Reports to its clients?

Ans. Yes, HDFC Securities Offers P&L Reports to its clients.

Q39. Does HDFC Securities offer Fundamental Reports to its clients?

Ans. Yes, HDFC Securities offers Fundamental Reports to its clients.

Q40. Does HDFC Securities offer Technical Research Reports to its clients?

Ans. Yes, HDFC Securities offers Technical Research Reports to its clients.

Q41. Do HDFC Securities offer Annual Research Reports to its clients?

Ans. Yes, HDFC Securities offers Annual Research Reports to its clients.

Q42. Does HDFC Securities offer Company Base Reports to its clients?

Ans.  Yes, HDFC Securities offers Company Based Reports to its clients.

Q43. Does HDFC Securities offer Real-time Stock Reports to its clients?

Ans. Yes, HDFC Securities Offers Real-Time Stock Reports to its Clients.

Q44. Being a client will we get daily Basis Stock Tips from HDFC Securities?

Ans. Yes, Daily Stock tips are available with HDFC Securities.

Q45. Does HDFC Securities offer Analysis Reports on IPOs?

Ans. Yes, Analysis Reports on IPOs is allowed with HDFC Securities Securities.

Q46. Does HDFC Securities offer Weekly Trade Reports?

Ans. Yes, Weekly Trade reports are offered by HDFC Securities.

Q47. Does HDFC Securities offer Monthly Research Trade Reports?

Ans. Yes, HDFC Securities offers Monthly Research Trade Reports. 

Q48. Does HDFC Securities offer Detailed market Reviews to its Users?

Ans. Yes, detailed market reviews are available with HDFC Securities.

Q49. Is there any facility to contact the customer support team via Email?

Ans. Yes, HDFC Securities allows its clients to contact via Email to its customer support team.

Q50. Does HDFC Securities allow its clients to use the FAX facility for resolving issues?

Ans. Yes, HDFC Securities allows its clients to use the FAX facility for resolving issues.

HDFC Securities Alternative:

Broker NameRatingA/c Opening ChargesApplication
fyers logoA>>>⭐⭐⭐Rs.0 Free
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zerodhaAA+ ⭐⭐⭐Rs.300
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Trade Smart LogoA>>>⭐⭐⭐Rs.0 Free
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astha logoA A+⭐⭐⭐Rs.500
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stockart logoA >>⭐⭐⭐Rs.0 Free
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Aliceblue onlineA ++⭐⭐⭐Rs.0 Free
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