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Both the brokers are registered with SEBI. Groww offers investmenet in Equity, F&O and Currency only, where HDFC Securities offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Groww Max Rs 20 per trade while the brokerage of HDFC Securities ranges between .05 to .5%. Groww is a Discount Broker where HDFC Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for HDFC Securities is 51,65,760 where number of active customer for Groww is 11,26,177. HDFC Securities is serving more customer compare to Groww.
Here we present side-by-side comparison of Groww vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Groww vs HDFC Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Groww vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Groww vs HDFC Securities's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
 Groww |
 HDFC Securities |
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| Overall Rating |
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| Brokerage Charges |
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| Trading Platform |
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Broker Type
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Discount Broker | Full Service Broker |
| Exchanges Supported
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NSE, BSE | NSE, BSE, MCX |
| Active Clients | 11,26,177 | 51,65,760 |
| Broker Overview | Groww is the top broker for beginners with a crystal clear user interface-enabled safe & secure Groww App & a web-based platform to invest in direct mutual funds for free and trade-in equity & derivatives segment at Rs. 20/order flat brok...  |
With over 2 decades of experience, exceptionally great 24/7 customer services, and world-class research & advisory, HDFC Securities has topped the list of the best full-service brokers in India serving above 10 lakh customers. It is a one-stop sh... |
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Comparison of Groww with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - Groww offer Free account opening where HDFC Securities charges Rs 999 for account opening. Demat AMC charges - Groww offer Free AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
| Charges | Groww | HDFC Securities |
|---|---|---|
| Trading Account Opening Fees | Free | Rs 999 |
| Trading AMC | Free | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Free | Rs 750 PA (Waived for 1st year) |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Groww with HDFC Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | Groww | HDFC Securities |
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| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Zerodha | Zerodha | |
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| Account Opening Request |
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
HDFC Securities Brokerage Plan detail - HDFC Securities have a fixed percentage base brokerage plan, where Minimum brokerage is fixed at Rs 25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on a higher range and Equity Delivery & Future trading is on average brokerage level compared to other full-service brokers.
| Brokerage Charges Compare | Groww | HDFC Securities |
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| Plan Name | Flat Brokerage Plan | Percentage based brokerage plan |
| Equity Delivery | 0.05% or Rs 20 whichever is lower | 0.50% |
| Equity Intraday | 0.05% or Rs 20 whichever is lower | 0.05% |
| Equity Futures | Flat Fee Rs 20 | 0.05% |
| Equity Options | Flat Fee Rs 20 | Higher of 0.1% of Premium or Rs 100 per lot |
| Currency Futures | Not Available | Rs 23 per lot |
| Currency Options | Not Available | Rs 20 per lot |
| Commodity Trading | Not Available | Rs. 20 per order, Options: Rs. 100 per lot |
| Minimum Brokerage | NIL | Rs 25 |
| Hidden Charges | Info Not Available | Yes |
| Funding | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 50 Per Executable Order | Free |
| Auto Square off Charges | Rs 50 Per Executable Order | Free |
| Brokerage Calculator | Brokerage Calculator for Groww | Brokerage Calculator for HDFC Securities |
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Compare Groww with HDFC Securities on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Groww | HDFC Securities |
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| Equity Delivery | Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Intraday | Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Futures | Rs 210 Per Cr | Rs 190 Per Cr |
| Equity Options | Rs 5500 Per Cr | Rs 5000 Per Cr |
| Currency Futures | NA | Rs 110 Per Cr |
| Currency Options | NA | Rs 4000 Per Cr |
| Commodity | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for groww | Complete Brokerage Plans for hdfc-securities |
Compare Groww with HDFC Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where Groww offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Groww offers a margin funding where HDFC Securities doesn't offers margin funding. NRI Trading - HDFC Securities offers NRI where Groww doesn't offers NRI Trading.
| Account Features Compare | Groww | HDFC Securities |
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| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:10 PM | 3:15PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Groww and HDFC Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
| Trading Platform Compare | Groww | HDFC Securities |
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| Desktop Trading Platform | ProTerminal | |
| Desktop Demo | Info Not Available | Desktop Demo |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | Yes | https://trade.hdfcsec.com/ |
| Web Trading Demo | Info Not Available | Web Trading Demo |
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| Mobile Trading App | Yes | HDFC securities Mobile |
| Mobile Trading App Demo | Info Not Available | HDFC securities Mobile Demo |
| Android Mobile App | |
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| Android App Download | Andriod Yes Download | Andriod HDFC securities Mobile Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Yes Download | iOS HDFC securities Mobile Download |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Proterminal - Rs. 2500 (Offer price: Rs. 1500) |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for HDFC Securities |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for HDFC Securities |
| Options Brokerage Calculator | Options Brokerage Calculator for Groww | Options Brokerage Calculator for HDFC Securities |
| Detail | Detail on Trading Platforms for groww | Detail on Trading Platforms for hdfc-securities |
| Groww | HDFC Securities | |
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6 Customer Reviews
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96 Customer Reviews
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| Fees Ratings |  |
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| Trading Brokerage Rating |  |
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| Trading Platform Usability | |
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| Customer Service Ratings |  |
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| Overall Ratings |  |
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| Broker Rating | Groww is Rated 4.5 / 5 based on 6 customer reviews | HDFC Securities is Rated 2.4 / 5 based on 96 customer reviews |
Compare Groww with HDFC Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - HDFC Securities offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Groww | HDFC Securities |
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| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Online IPO Application | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | Insurance |
Order Type - Compare Groww with HDFC Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - HDFC Securities provides Cover Orders (CO) where Groww doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both doesn't offers AMO orders. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | Groww | HDFC Securities |
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| CNC order | |
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| MIS order | |
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| NRML order | |
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| Bracket order | |
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Compare Groww with HDFC Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | Groww | HDFC Securities |
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| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Through Branches
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9108800604 | 022-39019400 |
| Account Opening Process
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Online | Offline |
| Customer Support Email
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[email protected] | [email protected], customer |
| Knowledge Center/Education
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https://groww.in/academy | https://www.hdfcsec.com/products/demolisting/ |
| Head Office Address
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Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
| Website
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https://groww.in/ | https://www.hdfcsec.com/ |
Compare Groww with HDFC Securities on research reports and tips provided by the broker.
| Groww | HDFC Securities | |
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| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare Groww with HDFC Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for HDFC Securities is ₹750 pa where for Groww is Zero.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Groww is ₹8 + ₹5.50 CDSL charges where for HDFC Securities is 0.04% (Min ₹20) + CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
| Groww | HDFC Securities | |
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| DP Source | CDSL | CDSL |
| DP ID
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No | 12400 |
| Demat Account Annual Maintenance Charges(AMC) | Zero | ₹750 pa |
| Advance Deposit | Nil | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- |
| Statutory charges | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹8 + ₹5.50 CDSL charges | 0.04% (Min ₹20) + CDSL charges |
| Demat | ₹150 per certificate + courier charges | ₹5 per certificate + ₹35 request charges |
| Remat | ₹150 per certificate + courier charges | ₹30 |
| Pledge Creation | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Creation Confirmation | ₹20 + Rs. 12 per request (CDSL Charges) | 0.04% of transaction value (Min ₹40) |
| Pledge Closure | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Closure Confirmation | ₹20 + Rs. 12 per request (CDSL Charges) | 0.04% of transaction value (Min ₹40) |
| Pledge Invocation | ₹20 + Rs. 12 per request (CDSL Charges) | 0.04% of transaction value (Min ₹40) |
| Failed Instruction Charges | ₹50 | Nil |
| Other Charges | Nil | Nil |
Compare Groww with HDFC Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Groww | HDFC Securities | |
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| Pay In and Pay Out Options
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pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time
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Max 24 hrs except bank holidays | Instant to HDFC Bank. |
| Bank Supported and Charges
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Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | Info Not Available |
| Bank Detail | Info Not Available | Direct from your HDFC bank account. |
| Likes |
Despite brokerage-free mutual fund investment and flat brokerage trading, Groww offers many trading advantages (Pros) pointed as follows;
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| Dislikes |
Limited trading product availability is a key limitation or drawback of trading with Groww. Check out the list of Groww Trading cons as follows;
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| Special Offers/Promo | Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | |
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2022-06-17T09:13:17+00:00
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