Saturday, November 26, 2022

HDFC Securities

HDFC securities is the brokerage arm of India's No. 1 private bank HDFC. HDFC Securities is now regarded as one of the top full-service brokers in India.

Product Basket

The segments in which you can invest through this broker

 Equity

Options

 Currency

Futures

 Commodity     

Trading Platforms

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

HDFC Securities Pro Terminal

HDFC Securities Voice Enabled Investing

HDFC Securities App

Charges

Account Opening Charges – Free

Account Maintenance Charges – Free

Call and Trade – Free

Brokerage Charges

Equity Delivery  – 0.5%

Equity Intraday – 0.10%

Equity Futures – 0.025%

Equity Options – ₹100

Currency Futures – ₹12

Currency Options – ₹10

Commodity Futures – ₹20

Commodity Options – ₹100

Margins

Equity Delivery  – 0x

Equity Intraday – 4x

Equity Futures – 0x

Equity Options – 0x

Currency Futures – 0x

Currency Options – 0x

Commodity Futures – 0x

Commodity Options – 0x

Pros

  • Investors can choose from 7 different plans according to teir trading frequency.
  • Brand and trust of HDFC Group.
  • HDFC Securities provides 3 in 1 account facilities.
  • HDFC Securities provides portfolio tracking services which can help to track portfolio.
  • HDFC Securities provides High class customer support with physical branch presence.

Cons

  • Charges High brokerage but negotiable while trading in high volumes.
  • Account opening charges are way higher than peers.
  • HDFC Securities’ terminal platform is comes up with annual subscription plans.
  • SMS Based tips and calls are paid.

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance