HDFC Securities represents the brokerage services of HDFC Bank, and offers a beneficial 3 in 1 account to facilitate trading activities. Investors receive a savings, a demat and a trading account from HDFC with seamless transactions between these to save time spent transferring funds.

Regarding the brokerage charges, the intraday transactions are 0.10% of the amount and equity delivery is 0.50%. Opening the account will cost once Rs. 1,299. HDFC’s tariffs are in alignment with other full service competitors.

HDFC Securities offer diverse innovative tools and software that allow faster trading and platforms to trade online on desktop and all devices. HDFC provides training and education as well as extensively researched information.

What is more, trading with this broker is highly secured thanks to HDFC’s special encryption technology. For non-residents of India, a NRI account is also available containing the same features.

All in all, this account may appeal to those searching for quality trading services and tools. If you are looking for low priced brokerage, a discount broker would be a better fit. 

Where to invest?

• Equity
• Mutual Fund
• Future and Option
• Currency
• IPOs

Securities can be traded on both NSE and BSE.

How to open an account?

Investors need to visit the HDFC Securities website, where you can register for all 3 accounts. Fill in personal details on the form and scan the copies of your ID and proof of address. The account will then be opened in two to five working days.

Good to know:

Individuals need to open a savings account and a demat account with HDFC Securities in order to start trading. If you already have these, you just need to link them to your new trading account.

Limitation:

Commodity trading is not possible.