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HDFC Securities Review

Rated 4 stars Rated 4/5 by Top Share Brokers Team
Last updated on: 8-Nov-2021
HDFC Securities Ltd Review

Contact HDFC Securities

NRI Form⇒

HDFC Securities Review 2022 - Quick Summary

One of the largest full-service brokers in India with a client base of above 20 lakh customers, including both retail and institutional clients. It offers a 3-in-1 account integrating HDFC Securities demat account, HDFC Securities trading account, and HDFC bank account and also provides a free mutual fund account.


Rated 4 stars

HDFC Securities Top Highlight for 2022

  • Huge product portfolio: It is a one-stop destination to trade & investment across multiple asset classes such as equity, currency, commodity derivative, F&O, mutual funds, IPO, insurance, NPS, NCDs, bonds, fixed deposits, and others.
  • 3-in-1 account: The facility brings together your HDFC bank account, HDFC Securities Demat account, and HDFC Securities trading account.
  • Widespread network: It is one of the largest brokers with 270+ branches in 185 cities across the country.
  • Robust trading platforms: It offers the real-time online trading platform, you can trade & invest using any online platform such as a mobile app or web trading terminal.
  • Free call n trade: Its centralized dealing desk offers a one-stop solution for all your trading and investment requirements with free call & trade services.
  • World-class research: Its research team offers extensive unbiased research on the market and stock fundamentals & technical.
  • Loans: You can get different kinds of loans such as home loans, auto loans, personal loans, education loan and loans against securities.
  • Hassle-free online investment, in mutual funds with HDFC Digify.
  • HDFC Sec provides free trading & investment ideas which users can use to benefit themselves.
  • Enjoy voice-enabled services with Arya to trade & invest in equity and mutual funds.
  • It also offers NRI trading & investment services.

About HDFC Securities

Incorporated in 2000, HDFC Securities Ltd, a subsidiary of leading private sector HDFC Bank is a Mumbai-based full-service stockbroker. Being a registered member of BSE, NSE, IRDA, PFRDA, AMFI, and MCX, the product basket of the broker is huge including equity, derivatives, fixed deposits, mutual funds, insurance, IPOs, bonds, currency derivatives, NCDs, ETF, and NPS. Trading and investing can be done across different products via multiple trading platforms such as mobile app, web, telephonic and offline means through branches. It further offers various loans such as home loans, personal loans, auto loans, education loan and loans against security. Being a full-service broker, HDFC Sec also has a research team that provides extensive and unbiased research that assists clients to make informed investment decisions. Here, you can check the complete HDFC Securities review about its products & services, brokerage, account types, trading platforms, and others.

As the parent company of the broker offers banking services, therefore, you can avail of the 3-in-1 account facility that integrates; HDFC Securities Trading Account with the HDFC Securities Demat Account, and HDFC Bank account that offers you seamless trading experience. It is one of the leading depository participants with both the CDSL and NSDL with above 2.03 million demat accounts with a widespread distribution network of 3500+ demat service branches. HDFC Securities trading account customers can also access investments, statements through the Demat Tab on NetBanking

The broker has 270+ branches in 185 cities across the country from where it caters to various investment needs of diversified customer base including both retail and institutional investors. With the continuously growing effort, HDFC Securities Ltd has won many awards such as India’s Most Attractive Brands Award, India’s Most Ethical Company, Winner of Digital Excellence in insurance and financial services, Digital Industry Awards and others.

HDFC Securities Promotion Offer

Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.

Simply leave your contact information with us and HDFC Securities representatives will contact you.

Request call back from HDFC Securities

HDFC Securities Brokerage Plan with closest competitors

Here we are comparing HDFC Securities with its 5 close competitors, who are currently market leader in brokerage industry.

Broker HDFC Securities 5paisa Zerodha Upstox Paytm Money
Service Type Full Service Broker Discount Broker Discount Broker Discount Broker Discount Broker
Brokerage Range .05 to .5% Rs 20 Rs 20 Rs 20 Rs 10
Account Type 3 in 1 2 in 1 3 in 1 3 in 1 2 in 1
Equity Delivery 0.5% or 50 paisa Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower Free
Equity Intraday 0.05% or 5 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 10 whichever is lower
Equity Futures 0.05% or 5 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 10 whichever is lower
Equity Options 0.1% of Premium or Rs 100 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Commodity Rs. 20 per order Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures Rs 23 per lot Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Rs 20 per lot Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 10
Rating
Rated 4 stars
Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

Other Charges

  • Call & Trade Charges: Free
  • RMS Auto Square Off Charges: Free
  • Hidden Charges: Yes

For complete brokerage charges and trading plans detail please visit HDFC Securities Brokerage Charges.

Please refer unique and accurate HDFC Securities Brokerage Calculator


How to open HDFC Securities Ltd Account online?

An Indian resident as well as NRI (except US and Canada based NRIs) can open an account with HDFC sec. If you want to trade with HDFC securities then you must have 3 accounts; HDFC Securities Trading Account, HDFC Securities Demat Account and HDFC Bank account. The type of accounts offered by the broker are listed below:

  • HDFC Securities Demat Account

    Being a registered CDSL and NSDL DP, it offers HDFC Securities Demat account to keep securities in dematerialized or electronic format. It does not charge any demat account opening fee means one can open a free demat account with HDFC Securities but HDFC demat AMC charges worth Rs. 750 needs to be paid from the second year onwards.

  • HDFC Securities Trading Account

    HDFC trading account allows you to trade in multiple assets such as equity, currency, commodity, F&O and other asset classes. The broker doesn’t charge any trading account AMC but account opening fee worth Rs. 999 needs to be paid.

  • HDFC Securities Mutual Fund Account

    Being a registered mutual fund distributor, HDFC Sec facilitates you to invest in mutual funds. You can open free mutual fund account with HDFC Securities on Digify and invest in a plethora of schemes via different modes whether SIP, lumpsum, STP or SWP. It also has MF return calculator, SIP calculator and SIP Reckoner that helps you to select the right fund.

  • HDFC NRI Account

    NRI (except US and Canada based NRIs) can open trading account with HDFC Securities. The broker provides 3-in-1 account opening facilities to NRI wherein they can open NRI trading account, NRI demat account, and NRI bank account.

  • HDFC Commodity Account

    HDFC Securities is a registered member of commodity exchange, MCX. The broker offers you commodity account to trade in commodities. The facility is available across multiple trading platforms including web-based trading platform, mobile application, and others.

  • To check the complete review of HDFC Securities products & services, Click here

Contact HDFC Securities

NRI Form⇒

Alternatives to HDFC Securities

 Demat Account
 Demat Account
 Demat Account
 Demat Account

HDFC Securities Mobile App and Trading Platforms

Rated 4.5 stars Trading Platforms Rated 4.5/5

HDFC Securities offers multiple trading platforms such as telephone, branches, web-based, trading terminal, and mobile app.

  1. Web-based trading

    www.hdfcsec.com is the secure web-based online trading platform of HDFC securities. The browser-based portal can be accessed anywhere using a desktop, mobile or laptop. You can enjoy multiple features such as market watch lists, advanced interactive charts, research reports, news, market tips, and others.

  2. HDFC Securities Mobile Trading

    HDFC Securities mobile app is one of the best trading application that facilitates you to trade & invest across equity and derivatives. The app comes with a number of tools and features such as real-time market data, ease of trade, portfolio tracking & monitoring, live market news, daily research calls, timely notifications etc. You can download the HDFC Securities app on an android device via Google play store and iPhone via the app store.

  3. Digify

    Digify is a hassle-free online mutual fund investment platform by HDFC Securities Ltd. To invest in mutual funds with Digify, you don’t need to have demat and trading account with HDFC sec. You can open Digify account at zero account opening charges. HDFC has tie-up with 30+ leading asset management companies and offers you various investment options such as SIP, lumpsum or one-time investment, STP or SWP.

  4. BLINK (HDFC Securities trading terminal)

    HDFC Securities BLINK is a desktop-based trading terminal that offers you multiple features i.e. customized trading platform, real-time monitoring, the single user interface to place equity and F&O orders, advanced charting, real-time market quotes, buy and sell shortcuts and others. Although undoubtedly, it offers you an immense range of services however, the biggest downfall is unlike competitors that offer free terminal, BLINK is a chargeable and paid platform.

  5. HDFC Securities ProTerminal

    It is a platform for researchers, analysts and traders to examine historical and present market trends that will help you to project future trends or direction. The platform presents ready available information or real-time information that clients can use to make informed trading & investment decisions. Settlement analysis, predictive data analysis, market analysis, news analysis, and global market trends are the key features of ProTerminal. However, the key disadvantage is you have to pay a subscription fee to get access to ProTerminal. HDFC Securities research report provides the details of best securities to trade and invest in, so you can make short-term and long-term gains.

Benefits

  • Easy to use and extremely convenient trading platforms.
  • Comprehensive market data with complete information.
  • It facilitates users to examine the prevailing market trends and make sound investment decisions.
  • Latest market information, exchange announcements, and stock results.
  • Real-time 360o market coverage
  • Advanced features such as powerful charting, portfolio tracker, watchlist, stock alert, research, trading tips etc.
  • Clients can also anticipate the market direction with the enrich data available on ProTerminal.

Considerations

  • Trading platforms such as BLINK and ProTerminal are paid platforms.

For detail review of mobile app and download please visit HDFC Securities Trading Platform Review.


HDFC Securities Trading Cons

  • To avail of a 3-in-1 facility with HDFC Sec, you must have HDFC bank saving account.
  • SMS facility with SMS Insta is a paid trading facility.
  • Trading terminal BLINK is also a chargeable service.
  • High account opening fees.

HDFC Securities Customer Care info


Final thought about HDFC Securities

Rated 4 stars Rated 4/5 by 96 users

Summing up the review, it can be strongly evident that HDFC Securities Ltd is a full-service broker offering trading & investment in equity, F&O, currency, commodity, ETF, mutual fund, insurance, NCDs, NPS, fixed deposits and others. Thus, users can invest in multiple asset classes with HDFC Securities. On most of the fronts, HDFC Securities brokerage charges look highly competitive and as per industry average. Talking about its trading platforms, likewise, others, although it offers all kinds of platforms like a mobile app, trading terminal, web-based trading platform, and others but the biggest setback for clients is trading terminal BLINK and ProTerminal are paid platforms so not for everyone.

Request call back from HDFC Securities

Last updated on: 2021-11-08



HDFC Securities FAQs

You can connect with HDFC Securities customer care number at 39019400 prefix with the local code. You can also connect with the customer service representative through e-mail at [email protected] or [email protected]

To get the state-wise list of HDFC securities customer care number, Click here

 

You have to follow offline process to change bank details/address/e-mail id with HDFC Securities.

  • Visit HDFC Securities website.
  • Download the relevant account modification form.
  • Fill it and submit the form along with the required document to the broker.

 

Yes, HDFC Securities offers free call n trade services to clients. In this facility, clients can call HDFC Sec centralized dealing desk and speak to customer service representatives to place buy or sell orders in equity, commodity, F&O, and other segment.

 

HDFC Securities Limited is one of the leading full-time brokers of India and is a subsidiary of HDFC Bank. The broker started its operations in April 2000, and in beginning, it was a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited. But in 2006, HDFC bank bought the stakes of HDFC Limited and in 2008, it acquired the remaining stake from Indocean eSecurities. For now, it is a fully-owned subsidiary of HDFC Bank.

 

Compare HDFC Securities

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HDFC Securities Ltd User Reviews

avatar
23. NIKHIL GALA May 19 2022 04:38:04 AM Reply
NICE

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Excellent
avatar
22. ARUL PA Sep 24 2021 01:05:19 AM Reply
high broerage, zero support

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
21. Namit Sinha Aug 16 2021 04:24:25 AM Reply
The amount of brokerage is too high and the platform is very poor compared to its competitors. And here and there you will have issues where the amount is not credited back to account even after many days and you have to call them to get it back.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
20. Multan Singh Sep 04 2020 02:52:43 AM Reply
I dislike its services, hidden charges, no response on query, approximately 33% they grab from client which is very huge

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
19. chandrakant g patel Feb 22 2020 07:10:07 AM Reply
brokerage charges

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Average
avatar
18. ram Feb 20 2020 03:32:44 AM Reply
VERY WORST CUSTOMER SERVICE, THEY WILL CHARGE SOME HIDDEN CHARGES ALSO.IF WE CONTACT THEM THEY WILL SAY THESE ARE NOT RELATED TO DEMAT ACCOUNT, THEY ARE RELATED TO BANK. WHEN WE CONTACT BANK THEY ARE SAYING ITS RELATED TO DEMAT. I WOULD SAY THEY ARE CHEATING CUSTOMERS

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
17. punith Aug 16 2019 11:26:54 AM Reply
opaque system
poor tools
very high brokerage

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Average
Overall Experience - Below Average
avatar
16. ACHOWDHURY May 15 2019 11:53:23 AM Reply
Strongly feel that there are frauds happening in HDFC Securities with public money !

In 2017 when Nifty was 9800 then HDFC Prudence Fund NAV was 31.95
In 2019 when Nifty is 11200 then the same fund which is switched to HDFC Balance advantage Fund, NAV is 27.30 !!!


How is this possible unless there is some fraud !!!
avatar
15. Prashant Devara Dec 16 2018 12:51:27 PM Reply
Brokerage Charges is too much and hidden charges also

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
14. venkat Dec 12 2018 08:26:40 PM Reply
greedy people, the software doesnt perform, not fast enough, still they want to be paid for it. very bad

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor