HDFC Securities
HDFC Securities
Discount Broker

About Broker

HDFC Securities, the brokerage division of India's premier private bank HDFC, was established in 2000. Over the years, it has earned a reputation as one of the leading full-service brokers in the country. As of February 2024, HDFC Securities has an active client base of 1,088,561.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.

EquityCommodityCurrencyFuturesOptions

Brokerage Plan

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening

Free

Account Maintenance

Free

Call Trade

Free

Brokerage

Equity Delivery

0.5% up to Rs 25

Equity Intraday

0.10% up to Rs 25

Equity Futures

0.025% on order value

Equity Options

₹100 per order

Currency Futures

₹12

Currency Options

₹10

Commodity Futures

₹20

Commodity Options

₹100

Margins

Equity Delivery

0x As per exchange

Equity Intraday

4x As per exchange

Equity Futures

0x As per exchange

Equity Options

0x As per exchange

Currency Futures

0x As per exchange

Currency Options

0x As per exchange

Commodity Futures

0x As per exchange

Commodity Options

0x As per exchange

Platforms Offered

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

HDFC Securities Pro TerminalHDFC MoneyHDFC Securities App

Other Details

Pros

Advantages and Strengths of this broker.

  • The platform provides a 3-in-1 account feature, enabling users to manage all financial transactions in one centralized place.
  • It offers automated chat support via ARYA, an intelligent virtual assistant.
  • Users can utilize various tools and services, such as HDFC Blink and portfolio analyzers, to track their investments.
  • A portfolio tracking system is available to oversee the overall investment and trading portfolio.
  • Users have the option to invest in Indian stocks as well as US stocks and exchange-traded funds for global diversification.

Cons

Disadvantages of this broker that it needs to improve upon.

  • HDFC brokerage fees are on the higher side but can be negotiated for high-volume traders.
  • HDFC Blink, the terminal-based trading platform, requires a paid subscription.
  • SMS-based tips and research services come with additional charges.

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

3-in-1 AccountComplimentary Trading CallsFree Market ResearchSMS NotificationsMargin FundingMargin Against Shares

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

Mutual FundsIPO ServicesDebt BondsExchange-Traded Funds (ETFs)Insurance Coverage