HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and BSE, Trade on Futures & Options on the NSE and Online IPO Investment.
Features on HDFC Securities Online trading
- Seamless Transactions – By integrating your accounts, we ensure minimal waste of time during movement of your funds and shares.
- Speed – Orders are placed electronically, so proceeds are available instantly.
- No manipulation – To prevent any mismanagement, we will send you an email confirmation, the minute your order is executed.
- Safety and Security – HDFC Securities offer the highest level of security such as 128-bit encryption technology.
- Dedicated and Separate contact numbers – for trading over the phone as well as for customer care.
HDFC Securities Brokerage Charges:
Account Opening Fee: Rs 999 (Including trading account, bank account and DP account with HDFC). For HDFC Bank savings account minimum balance (Average Quarterly Balance) of Rs 10,000 (Metro / Urban) or Rs 5000 (Semi-Urban / Rural) is required. If you already have Saving account or DP account with HDFC, you could link them with trading account.
Brokerage for Delivery Based Trades
|Delivery Based Trades||Resident Indians – 0.50% or min Rs 25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
For NRI’s – 0.75% or min Rs 100 or ceiling of 2.5% on transaction value (Both Buy & Sell)
|Square-Off Trades Cash & Carry Scrips||0.10% or min Rs 25 or ceiling of 2.5% on transaction value (Both Buy & Sell)|
|Square-Off Trades Margin Scrips||0.05% or min Rs 25 or ceiling of 2.5% on transaction value (Both Buy & Sell)|
|Derivatives (Futures Market)|
|Non-Square Off (Carry Forward) Trades||0.05% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell)|
|Square-Off Trades||0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell)|
|Derivatives (Option Market)|
|Brokerage||Higher of 1% of the premium amount or Rs 100 per lot (Both Buy & Sell)|
Other Standard Charges on Trades
|Goods and Services Tax (GST)||18% on Brokerage|
|Securities Transaction Tax (STT)||0.125% of transaction value (Both Buy & Sell)|
|Stamp Duty||0.01% on turnover|
|SEBI Turnover Tax||Rs 15 per Crore on turnover|
HDFC Securities Advantages
The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.