HDFC Securities Review

HDFC Securities Ltd. is a subsidiary of leading private sector HDFC Bank. It is a comprehensive stock broking company that provides various investment options for building a robust investment portfolio and, consequently, earns a maximum profit. 

HDFC Securities Ltd. is engaged in full-broking services registered with various broking platforms, including BSE, NSE, IRDA, PFRDA, and AMFI.

Furthermore, it is one of the leading depository participants (DPs) with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).

The biggest advantage of availing HDFC Securities is they offer a 3-in-1 account facility i.e. Trading Account, Demat Account, and Bank account.

Additionally, it regularly provides stock market tips and recommendations to their clients via email, SMS, or trading platforms. However, it is advisable to perform your own analysis before trading or investing.

hdfc Securities

Major achievements by HDFC Securities Ltd:

  • Ranked as India’s most attractive brands in retail broking category
  • Largest e-brokerage house by BSE-Dun & Bradstreet
  • Best financial markets technology implementation

Services Of HDFC Securities

  • Equity
  • Derivatives (F & O)
  • Fixed deposits
  • Mutual funds, 
  • IPOs, 
  • Bonds
  • Currency derivatives, 
  • Non-convertible debentures (NCDs)
  • Electronic Transfer Fund (ETF) 
  • Insurance 

Account Opening Charge And AMC Of HDFC Securities

Opening a Demat account is absolutely free for the users. However, they need to pay the AMC for maintaining their accounts as below:

Trading Account 
Account opening chargesOnetime Fee Rs. 999
Annual maintenance charges (AMC)Free
Demat Account 
Account opening chargesFree
Annual maintenance charges (AMC)Rs. 750 yearly (No AMC for 1st year of opening)

Brokerage Of HDFC Securities

HDFC charges minimum brokerage of Rs. 25 per order or both residents and NRIs (subject to a ceiling of 2.5% of total traded value), and it doesn’t charge any brokerage for loss-making trades.

SegmentHDFC Brokerage charges
Equity deliveryFor residents – 0.50% (50 paisa) or Rs. 25, whichever is higher For NRIs – 0.50% (50 paisa) or Rs. 25, whichever is higher
Intraday delivery0.05%  (5 paisa) or Rs. 25, whichever is higher
Equity futures0.05% (5 paisa) or Rs. 25, whichever is higher
Equity optionsHigher of 1% of the premium amount or Rs. 100 per lot
Currency FuturesRs 23 per lot per Contract 
Currency Options Rs 20 per lot per Contract 

HDFC Securities Margin

Margin trading gives you the freedom to trade in the stocks even when you don’t have sufficient money to buy or sell the securities.

Most importantly, the traders can only take a position and square it off before the closing hours of the same trading day.

Various stock-broking firms offer margin. Similarly, it depends upon brokerage firms how much they permit.

SegmentMargin
Equity Delivery2x with Interest
Equity IntradayUp to 20x
Equity FutureNil
Equity OptionsNil
Currency FutureNil
Currency OptionsNil

HDFC has its own margin calculator to know how much margin is available at a particular stock.

Access HDFC Margin calculator: https://www.hdfcsec.com/margin-order 

Trading Platforms (Desktop & Mobile Apps)  of HDFC Securities

HDFC offers various applications for all types of mediums, to provide the best trading experience to its customers. And the best thing is, their all software is built in-house it makes them improve the quality and user experience of the trading platforms.

#1 Browser-Based Trading Platform

HDFC website is one of the most popular trading platforms for HDFC registered users. This web-browser can be accessed at desktop or mobile.

Users can explore many trading features like stock research, the latest news, market tips, etc.

#2. BLINK

Blink is a high-speed trading platform for the equity and F&O segments. This platform is designed to assist while making an investment decision.

After buying the subscription, users can enjoy dual benefits by Turbocharging your trading experience on your mPowered Trading Platform.

#3. HDFC Securities Mobile Trading

Traders and investors looking for the mobile trading app can download the app from the Google play store. The app offers a very smooth experience with a variety of tools, charts, portfolio tracking, live market updates, real-time notifications, and many more. The app is free to install for both android and iPhone apps.

#4. HDFC Securities ProTerminal

ProTerminal is a subscription-based model. All the HDFC Securities Ltd. registered users can use the Pro Terminal platform. This trading platform is actually designed for traders, analysts, and researchers to make them know everything about the stock market. You will get advanced features such as Predictive data analysis, market sentiment analysis, and real-time 360-degree market news.

#5. HDFC Securities Smallcase:

The small case platform helps users to build a diversified, low-cost, and long term portfolio. Making a smallcase portfolio is less risky with zero management fees.

It is an efficient way to invest in stock with just 1 click. Overall, if you are looking for some secured portfolio, then go for the HDFC Securities Smallcase.

#6. HDFC Securities Digify

Digify is another powerful trading platform that can be used by any investor. The primary purpose of Digify is to encourage investment in Mutual funds (MFs).

The software suggests Mutual fund recommendations grow your portfolio through investment plans. Above all, even if you don’t have a trading account with HDFC securities, you can directly open a trading account with Digify. 

Customer support: HDFC Securities customer service is good with its dedicated dealers. HDFC users can connect with them through email support or toll-free number 1800 425 4332.

Advantages of HDFC Securities

  • Trustable brand
  • No AMC for 1st year
  • NRI can open an account
  • Helps you in trading education

Disadvantages of HDFC Securities

  • SMS based tips are chargeable
  • No commodity trading  
  • Brokerage is non-negotiable 
  • HDFC securities charge List 2020
  • Account opening charges

Conclusion

HDFC Securities Ltd. is a trustable and premium bank promoted full-service broker. Therefore you will find their brokerage charges are highly competitive as compared to industry standards.

However, it is worthy to open a Demat and trading account with HDFC securities along with their premium services.

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