HDFC is one of the most trustworthy brands in the country. In the past decade, the HDFC brand has made a big name of itself and it has a large customer base in every field it functions. HDFC Securities is a subsidiary of HDFC Bank. It became a full-service stockbroker in the year 2000.
It is the third-largest broker in the country having 6,35,425 active clients. It has 260 branches across the country with a good offline presence. The main advantage of opening a demat account with HDFC Securities is a 3 in 1 account that integrates bank account directly with the trading account for instant money transfer. In this article, you will learn about the features and functions that they offer to their customers.
Let us learn about the products that they offer to its customers.
Products
When you opt HDFC Securities for trading and investing in the Indian financial market, you get the various services in the following segment;
- Insurance
- Bonds
- Equity
- Fixed Deposits
- ETFs
- HDFC PMS
- IPO
- Mutual Funds
- Currency Trading
Let us now learn about their trading platform.
HDFC Securities Trading Platform
HDFC Securities provides a number of trading platforms to its customers. You can trade using their application on the web, desktop, mobile, and laptop. All the applications are developed and maintained in-house which makes the platform even better.
Let us now learn about their Trading.
Trading
HDFC Securities is a browser-based application. You can access the application from anywhere across the globe on your desktop, mobile, or laptop. All you need is an active internet connection. It is a responsive application that makes the user experience even better. Features of the HDFC Securities Trading application are as follows;
- Interactive and advanced charts for technical analysis of stocks.
- Create watch list as per your preference.
- Market tips, daily news and research reports to help in trading and investing.
- A customisable trading system to improve your trading experience according to your preference.
Let us now learn about HDFC Securities Blink.
HDFC Securities Blink
For terminal-based trading, HDFC Securities Blink is the application. It is a high-speed trading application in comparison to other trading platforms. The features of this application are as follows;
- Real-time stock prices.
- Monitor the transaction by viewing trade book, order book and net position.
- Place order in equity, future and options segments using a single user interface.
- Short cut keys for various functions like buy, sell, order book, etc.
Let us now learn about their App.
HDFC Securities App
HDFC Securities App is a mobile-based trading application. The application comes in English and 11 other languages. You can download this application across all platforms of mobile operating software. The features of this application include;
- Real-time interactive charts for intraday trading and technical analysis.
- Market tips, research reports and investment ideas along with fundamental and technical levels.
- With a single click, you can get details of equity and derivatives during trading.
Let us now learn about HDFC Securities Research.
HDFC Securities Research
HDFC Securities is popular for its research reports. It provides regular trading tips and long-term investment recommendations through reports and research calls. The communication about the research is made through email or SMS or trading platform. The fundamental research by them is very deep, thorough, and reliable. While the trading calls and tips for intraday trading have a better success rate than the industry average. So the selection of the trading calls will depend upon your trading style. The best way to find the right trading call is to match their research with your research. By doing so you will be more confident in putting money into the trade.
Let us now learn about HDFC Securities Charges.
HDFC Securities Charges
HDFC Securities is one of the premium brokers in India. Therefore, the charges are comparatively higher. The trading account opening charges are Rs. 999. Whereas, the maintenance charges on it are nil. On the other hand, the demat account opening charges are nil but the demat account maintenance charges are Rs. 750 annually.
Let us now learn about HDFC Brokerage Charges.
HDFC Brokerage Charges
The brokerage charges are as follows;
| Segment | Brokerage Fee |
| Monthly Fee (Fixed) | NA |
| Equity Delivery | 0.50% |
| Equity Intraday | 0.05% |
| Equity Futures | 0.05% |
| Equity Options | ₹100 per lot or 1% of the premium (whichever is higher) |
| Currency Futures | ₹23 per contract |
| Currency Options | ₹20 per contract |
| Commodity Futures | 0.02% for Intraday / 0.025% for positional |
| Commodity Options | 0.02% for Intraday / 0.025% for positional |
Let us now learn about the Transaction Charges.
HDFC Securities Transaction Charges
The securities transaction charges are as follows;
| Segment | Transaction Fee |
| Equity Delivery | 0.00325% |
| Equity Intraday | 0.00325% |
| Equity Futures | .00190% |
| Equity Options | 0.050% (on premium) |
| Currency Futures | 0.00110% |
| Currency Options | 0.040% (on premium) |
| Commodity | NA |
Let us now learn about HDFC Securities Margin Calculator
HDFC Securities Margin Calculator
If you want to indulge in margin trading then HDFC Securities offers you up to 20 times margin for intraday and 2 times for delivery in the segment. The margin values of equity futures and option, and currency futures and options is not available. Recently, HDFC Securities has introduced an “HDFC Securities e margin” service for leverage trading. It provides an extra margin for trading. However, you must know that you would have to pay an interest of 0.05% per day till the day the outstanding amount with the broker is paid.
Let us now learn about HDFC Intraday Leverage.
Intraday Leverage
HDFC Securities provide a reasonable margin on the stocks for intraday trading. The margin range is between 5 to 20 times. You must square off the transactions on the same day. Since the leverage amount is high, you must be cautious while using it. It is advisable to trade on leverage only if you understand the implication of leverage trading well.
Conclusion
HDFC Securities is certainly one of the best demat and trading accounts in India. You can open an account with them by visiting its nearest branch or opening it online. The 3 in 1 account provides easy transfer of funds between your trading and bank account. It also offers very useful features to the NRI. Moreover, the customer care services are reliable and query resolution is done in a speedy manner.
If you want to learn more about the stock market, you can visit Trading Fuel. You can learn to trade and invest through the articles on our page. We are the leader in providing stock market education to people and that too at no cost. We regularly update the content with the latest news and information. Therefore, visit Trading Fuel regularly to learn more about the Indian stock market and become a successful investor or trader.
