HDFC Review, Rating and Demat Account Charges
HDFC Securities
- A customisable trading platform that caters to your needs.
- Useful technical analysis.
- Brand name HDFC gives a sense of reliability and security.
- Live market watch
- Stock Screener Dedicated relationship manager
- Over 270 branches across the country.
Some Important Key Points about this Broker:
Broker Name | HDFC Securities |
---|---|
Official Website Link | hdfc |
Incorporated | Membership Details | Year: 2000 | SEBI Registration Nos.: INB011109437 (BSE - EQ) / INB231109431 (NSE - EQ) / INF231109431 (NSE - FO) / INF011109437 (BSE – FO)/ INE231109431 (NSE - CD) | NSE |Member Trading Code: 11094 | BSE Clearing Number: 393 | AMFI Registration No. ARN - 13549, PFRDA Registration No. - POP 04102015, IRDA Corporate Agent License No. - HDF 2806925/HDF C000222657, Research Analyst Registration No. INH000002475, CIN-U67120MH2000PLC152193 |
Registered Head Office Address | I Think Techno Campus,Near Kanjurmarg Station, Kanjurmarg (East), Mumbai- 400 042 |
Customer Care Number and Email | 011-39019400, services@hdfcsec.com |
Supported Exchanges | NSE/BSE & NSDL/CDSL |
CEO & Founders | Dhiraj Relli ( MD & CEO ) |
Instant online A/C Opening ? | No ! Unlike Few Advanced Discount Brokers ,Here Aadhaar based Instant Online A/C opening is NOT Available . |
Account Opening Charge | ₹ 1299 |
Annual Maintenance Charge | ₹ 750 |
Equity Delivery Brokerage | min ₹ 25 to 2.5% |
Equity Options Brokerage | Higher of 1% of the premium amount or Rs.100 per lot (Both Buy & Sell). |
Equity & Future Intraday Brokerage | min ₹ 25 to 2.5% |
Important Brokerage Plans | Percentage Based Plan Only .No Unlimited or Flat Brokerage Plan |
Leverage | Exposure Details | Get leverage up to 20 times your intra-day position & 2 times for delivery. |
Commodity Brokerage | NA |
Free Equity Investment | |
Allow Mutual Fund Investment ? | |
DP Transaction Charge | 0.04% of the value of the txn.( min: ₹ 25) |
Digital Contract Notes by Email | |
Available on Platforms | Android, iOS, LITS (Low bandwidth site) |
Research Reports | Intraday Tips | |
Stock Market Education Tutotials | Yes Forums, Videos, Blogs ,FAQ Available ! |
Currency Future Brokerage | ₹ 23/- per Contract on carry forward trades & ₹ 12/- each side on square up of trades . |
Currency Option Brokerage | ₹20/- per Contract on carry forward trades and ₹ 10/- each side on square up of trades. |
Daily Online Trades Reports | Yes Available ! |
Branch Offices | 260+ Branches across All Cities In India. |
Call & Trade Charge | Additional charge of ₹35/request |
Other Charges Details (if any) | Nil |
3-in-1 Account | Yes Available ! |
Average Number of Active Clients | 4.68 Lakhs Updated: Oct 2017 |
Latest Info. on Complaints % at NSE | 47 complaints i.e 0.01 % of total Active clients for Updated: Oct 2017 |
Stock Market | |
NRI Investing and trading | |
IPO Facility | |
Overall Score | 50/100 |
Pros
- 4-in-1 advantage account does not need cheques or delivery instructions.
- Monitor your trading portfolio at all times.
- NRI account available.
- Access to IPOs, mutual funds, FDs, NCDs, insurance, bonds etc.
Cons
- High Brokerage Charges.
- Doesn’t offer commodity segment services.
- Need to have a savings/current account in HDFC bank to become a registered user.
DETAILS OF HDFC SECURITIES BROKERAGES-2020
Minimum Brokerage per order(maximum 2.5% of turnover) | Resident | NRI |
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Per Buy & Sell Order | ₹25 | ₹25 |
HDFC SECURITIES REVIEW-2020
HDFC Securities was set-up in the year 2000 as a subsidiary of HDFC bank. The stockbroking company has completed 17 years of its operation quite successfully and has established itself as one of the leading companies in the stockbroking trade. With more than 1,800,000 customers, 400,000,000+trades and over 30 products, HDFC securities offer boundless opportunities for traders and investors to trade their stocks on a real-time platform. The company deals with stocks on NSE as well as BSE.
They provide a wide range of products, services as well as assets, giving you the freedom to invest in whichever option you like. Be it equity, real estate, gold or debt, HDFC Securities has a product that will cater to all of your requirements.
It offers various trading platforms in the form of mobile trading, online trading as well as the Call N Trade option. You can choose the platform of your choice and convenience. The web portal makes use of Web 2.0 technology. If you are into using a mobile app, then you get the added benefit of creating a Multiple Personalized Market, which helps you further in keeping track of stocks as well as the assets of your choice.
They even offer the latest news about the stock market as well views and facts that may affect your investment choices to a large extent. HDFC Securities is dedicated towards an extensive research of the market, which backs all the views offered by the company. This research has led to the creation of offerings like ‘Pick of the Week’ which enjoys a success rate of over 90%.
You can also keep an eye on your complete investment portfolio which will help you in turn by keeping your investment portfolio as robust as possible. After all, when you are investing a part of your savings or money, then you need to keep an eye on how things are working out for you. This portfolio helps you keep track, monitor and make a list of stocks you want to watch. You can also choose to enroll for regular SMS updates to keep a track of the market.
Blink- The trading application provided by HDFC Securities is known as Blink and you can install this application if you are really serious about your investments. This is a terminal application which is best-suited for medium to heavy level investors. It is quite easy to use but it also comes at a price- for 6 months subscription, you need to pay ₹2,999, while for a 1-year subscription, you will have to pay a total of ₹3,999.
Advantages of Blink:
- Fast speed
- Reliable performance
- Invest across various segments at a time
Disadvantages of Blink:
- No trial version available
- Available only for Resident Indians and not for NRIs
- Beginners may find it a bit difficult to use
Final Verdict-
HDFC Securities is, first of all, a reliable name when it comes to stock market trading since there are a lot of fraudulent brokers ready to take advantage of innocent investors. With the 3-in-1 account, you will be able to become a full-time investor without so much as losing hair over the transactions involved. The transactions are completely hassle-free and do not require you to send a screenshot or a copy of your cheque, as some other brokers need. If you are looking to invest your money in a hassle-free manner, HDFC Securities is the way to go. But you must also be ready to bear the brokerage charges and other underlying charges levied on each transaction you make. This broker is best suited for medium to high-level traders who are planning to invest big.
I want to open nri dmat and trading account
I have an account holder of hdfc bank. Can I able to participate and what is the minimum amount required for investment.
your performance is too good in all respects.
Hi
Please call me ineed to invest in shares ..also I’m a hdfc account holder
Too high brokerage charges. I paid an astounding 9lac+ as brokerage charges in 7 months. Changing to discount brokers
yes mujhe bhi invest karna hai
very high Regular and hidden charges.plz don’t open account in Hdfc .
Anybody else could explain properly as I don’t know about share market… And how much minimum amount I invested
HDFC Securities Limited.
HDFC Securities trading terminal is horrible and not at all customer friendly,
1- Trade book don’t show total, of No of Equities traded for particular stock . this is simple summation but HDFC IT system is unable to provide
2- Trade book don’t show average buy/ sell price for particular trade/ transaction
3- Trade book don’t provide trade history at all, only trades done for day /( today) only provided)
4) Profit and loss summary statement don’t provide Buy rate and sell rate .
5) No customer support or online chat or call center support available. I tried number of times.
6) Portfolio report doesn’t show summary of stocks held in E margin / margin and held in Cash delivery,
7) There is no summary of e margin charged per stock held in account and doesn’t account e margin payment in profit and loss statement.
8) profit and loss report don’t show whether stock was held in delivery / cash or under E-margin or margin trading.
9) No response received from customer care email id from more then 6 months . after sending repeated emails.
10) Not at all customer friendly trading terminal, provided by HDFC securities.
…
Muje khata kholna he
Muchhe ten share by karne hai
Pradeep Patel
Aap ke dwara bhut high brokerage charge liye ja rahe hai shayd 2.5 per sant mera pehle free bala plan tha bad me mene .045 present bala plan liya tab se sur bhi jyda charge ek dp charge nam se har mah acount se deduct ho raha hai
Mene hdfc sec close karne ka plan kar liya hai