HDFC Securities Review: Trusted Broker with Comprehensive Trading Solutions
HDFC Securities Review: Trusted Broker with Comprehensive Trading Solutions
HDFC Securities, established in 2000, is one of India’s leading stock brokers with a strong presence across over 250 office locations. Known for its reliable services, advanced trading platforms, and comprehensive research, it caters to both beginners and active traders. Their seamless account opening process and wide range of investment options make them a popular choice among Indian investors seeking trust and efficiency in their trading journey.
Pros & Cons
Pros
- Zero account opening charges, making it accessible for all investors
- Multiple advanced trading platforms including ProTerminal and InvestRight app
- Strong physical presence with 250+ branches across India
- Free research reports and daily stock recommendations for informed trading
- Mobile app rated 4.7 on Play Store with extensive features
- Ease of online account opening with eKYC and DigiLocker integration
Cons
- Brokerage charges may be higher for some segments compared to lowest-cost brokers
- Intraday brokerage charges are not explicitly mentioned, which might concern active day traders
- AMC charges for NRI accounts are applicable, adding to long-term costs
- Limited information on niche services like algo trading without dedicated platforms
Brokerage Charges & Plans
HDFC Securities operates on a percentage-based brokerage model with multiple plans, offering competitive rates especially for delivery and intraday trading. Their charges are transparent, with delivery at 0.50% or minimum Rs.25, and intraday at 0.05% or minimum Rs.25. The platform also supports advanced order types and free API access for algorithmic trading enthusiasts.
| Segment | Brokerage Charges |
|---|---|
| Equity Delivery | 0.50% or min Rs.25 |
| Equity Intraday | 0.05% or min Rs.25 |
| Segment | Brokerage Charges |
|---|---|
| Equity Futures | 0.50% or min Rs.25 |
| Equity Options | Higher of 1% of premium or Rs.100 per lot |
| Segment | Brokerage Charges |
|---|---|
| Currency Futures | Rs. 23 per contract |
| Currency Options | Rs. 20 per contract |
| Segment | Brokerage Charges |
|---|---|
| Commodity Futures | 0.01% of transaction value |
| Commodity Options | Rs. 100 per lot |
Additional Charges & Fees
Account Opening Process
HDFC Securities offers a quick and simple online account opening process, supported by eKYC, DigiLocker integration, and offline options. Investors can complete their KYC within 24-48 hours, upload required documents like PAN, Aadhaar, and bank statements, making onboarding smooth and hassle-free for both new and existing clients.
Digital Features
- Yes eKYC Available
- Yes Aadhaar Verification
- Yes Digilocker Integration
- Yes 3-in-1 Account
Documents Required
PAN Card, Aadhaar Card, Bank Statement/Cheque
Account Opening Charges
| Online Account Opening | Free |
| Offline Account Opening | Free |
| NRI Account Opening | Free |
| Corporate Account Opening | Free |
| Demat Account Opening | Free |
Account Opening Duration
24-48 hours
Trading Platforms
HDFC Securities provides a comprehensive suite of trading platforms including Web (HDFC Securities Web Platform), mobile (InvestRight app rated 4.7), and desktop (ProTerminal). With over 3 platforms, investors can trade seamlessly across devices, enjoying real-time data, advanced charting, and high-speed order execution for a smooth trading experience.
Web Platform
HDFC Securities Web Platform
Browser-based trading with real-time data and advanced charting capabilities
Mobile App
InvestRight
Desktop Client
ProTerminal
Advanced charting, technical analysis, and high-speed order execution
Back Office
HDFC Securities Back Office
Comprehensive portfolio management and reporting tools
Features & Capabilities
HDFC Securities offers a rich set of features including multiple order types such as Stop-Loss, Trailing Stop-Loss, Iceberg Orders, and advanced tools like heat maps, stock screeners, and real-time market depth. The platform supports API access for automated trading, 70+ chart indicators, and multilingual support, making it suitable for traders of all levels seeking technological edge.
Market Watch Lists
5 watchlists with 50 scrips each
Market Depth
5-level for standard traders, 20 levels for HDFC Sky
Order Types
Stop-Loss, Trailing Stop-Loss, Iceberg, Bracket, GTT, AMO, Cover
Real-time Streaming
Yes
Language Support
Yes – 11 languages including Hindi, Marathi, Gujarati, Tamil, Telugu, Kannada, Odia, Bengali
Technical Indicators
70+ in Pro Terminal
Trading Calculators
Yes
Margin Calculator
Yes
Option Chain
Yes
Heat Map
Yes
Stock Screeners
Yes
Price Alerts
Yes
News Alerts
Yes
Portfolio Tracker
Yes
Custom Dashboard
Yes
Education App
HDFC SKY Learn
API Access
Yes – HDFC Securities API
Algo Trading
Yes
Research & Advisory Services
HDFC Securities provides daily research reports, stock recommendations, and advisory services to help traders make informed decisions. Their research team offers insights across sectors, supporting both short-term trading and long-term investing, ensuring clients stay updated with market trends and opportunities.
Mutual Fund Investments
HDFC Securities offers access to 30+ mutual fund AMCs with options for both lumpsum and SIP investments. While direct plans are not available, their platform makes mutual fund investing straightforward, with no platform charges. Investors can choose from a variety of schemes suited for different goals and risk appetites, making it a good platform for diversified mutual fund investing.
SIP Options Available
Integrations & Strategic Partnerships
HDFC Securities collaborates with leading platforms like Smallcase for thematic investing, HDFC Life and HDFC ERGO for insurance, and offers bond trading through in-house platforms. These partnerships extend their ecosystem, providing clients with additional value-added services and seamless integration within their trading experience.
Smallcase
Yes, integrated with HDFC Securities
Options Trading Platform
Not available separately
Bonds Platform
In-house bond trading
Insurance Services
HDFC Life, HDFC ERGO
Investment & Financial Services
- Investment Themes: Yes
- Goal-Based Investing: Yes
- Tax Harvesting: Yes
- Portfolio Health Score: Yes
- Cross Product Margin: No
- Multi-Exchange Trading: Yes
NRI Trading Services
HDFC Securities supports NRI clients with NRE, NRO, and PIS accounts. Supported banks include HDFC Bank, and clients can trade in equity delivery, F&O, mutual funds, and currency segments. PIS permission is required for equity delivery, and brokerage is capped at Rs. 2500 per order for non-PIS clients.
NRI Account Services
Available
| Account Types | NRE, NRO, PIS |
| Supported Banks | HDFC Bank |
| PIS Permission | Yes |
| Trading Segments | Equity Delivery, F&O (Non-repatriation) |
| Intraday Trading | No |
| Currency Trading | Yes |
| Commodity Trading | Yes |
| Mutual Funds | Yes |
NRI Brokerage Charges
Customer Support & Service
HDFC Securities offers dedicated customer support via phone, email, live chat, and ticket systems. Their support team operates from 9 AM to 5 PM (Mon-Fri) and 9 AM to 2 PM on Saturdays. They also have a widespread physical branch network across India, ensuring personalized assistance and quick resolution of queries.
Support Channels
Phone Support
022-6246 5555
9 AM to 5 PM (Mon-Fri), 9 AM to 2 PM (Sat)
Email Support
customercare@hdfcsec.com
Live Chat
Yes, available on website/app, instant response (Bot)
Ticket System
Yes
Physical Presence
250+
Branches
Not specified
Partner Offices
100+
Cities
Main Office: Mumbai
Branch Locator: Available
Physical Branch Support: Yes
Our Editor’s Take
HDFC Securities stands out as a trusted and well-established broker that combines a rich history with advanced technology. Their wide network and comprehensive services make them suitable for investors looking for reliability and variety. The platform’s ease of use, combined with free research and support, makes them ideal for beginners and experienced traders alike. While their brokerage might be slightly higher compared to low-cost discount brokers, the value they provide through quality tools and customer support is significant. They are particularly recommended for those who value a trusted brand with a full-service approach, integrating trading, research, and advisory services seamlessly. For investors seeking a reliable partner with a robust infrastructure, HDFC Securities offers a compelling package, especially if you prefer a traditional broker with extensive physical presence and professional services.
The Final Verdict
In conclusion, HDFC Securities is an excellent choice for investors who prioritize trust, comprehensive services, and advanced trading tools. Their long-standing presence and wide branch network ensure personalized support, making them suitable for both beginners and active traders. The platform’s features like multiple order types, real-time market data, and extensive research resources add substantial value. However, those looking for ultra-low brokerage costs might find competitors more economical. Overall, HDFC Securities offers a balanced mix of technology, support, and reliability, making it a top-tier broker in the Indian market. For long-term investors, their mutual fund and insurance partnerships further enhance their appeal. If you want a broker that combines tradition with innovation, HDFC Securities is worth considering. For a detailed comparison, visit our guide on the best brokers for beginners on paisowala.com.
Frequently Asked Questions
Account opening is quick and free online; it takes 24-48 hours with documents like PAN, Aadhaar, and bank statement.
Delivery charges are 0.50% or Rs.25 minimum; intraday charges are 0.05% or Rs.25 minimum, suitable for different trading styles.
Yes, their InvestRight app has a 4.7 rating on Play Store with over 10 lakh downloads, offering extensive trading features.
Yes, they provide access to 30+ AMCs with various schemes, supporting SIP, lumpsum, and goal-based investing.
Support includes phone, email, live chat, ticket system, and physical branches, operational from 9 AM to 5 PM on weekdays.
