HDFC Securities Review – Demat A/C, Brokerage, Charges, Margin

HDFC Securities Review : HDFC Securities is a leading Indian stock broking company, having headquartered in Mumbai, India, it is the subsidiary of HDFC Bank, a private limited Indian bank also headquartered in Mumbai. It has completed 18 years of business and not only this but HDFC Securities is one of the largest stockbroker companies in India. In this HDFC Securities review you will get to know about everything from trading, charges, plans to pros and cons.

In 18 years the company served a variety of retail investors and institutional investors. HDFC Securities is also one of the oldest ones in the Indian stockbroking business, provides services mainly in stockbroking and other financial products distribution. HDFC Securities is a listed company in the stock exchange of Mumbai and also NSE. HDFC Securities is very renowned among the trading community of India for its virtual trading portal services.

HDFC Securities was formed in the year 2000. In the start, it was a joint operation ofIndocean Securities Holdings Limited, HDFC Limited, and HDFC Bank Limited. Its first branch inaugurated in Mumbai in April 2000. Now HDFC Securities Limited has as much as 250 branches and has a presence in 185 cities of India. In June 2000, it has started stock trading in the stock exchange of Mumbai and in August of 2000 in National Stock Exchange.

HDFC Securities Products & Services Review

HDFC Securities offers a variety of financial products and services such as stockbroking, mutual funds, insurance, an online platform for trading in equities. The detailed information and features of these products are mentioned below.

HDFC Equity trading

HDFC securities, by acting as a subsidiary, provides a simple and consistent internet trading platform. The Company offers a variety of items via web-based trading, call and trade, mobile application and that’s only the tip of the iceberg, to suit your comfort and necessity, for trading in equity. Its online trading platform is quite user-friendly.

Features of equity trading in HDFC Securities

Some of the features they offer in equity trading are these:

The company provided the facility of encashed order, you are in urgent need of funds, you can get the sale proceeds in advance credited to your bank.
You can buy and retain stocks as long as you want.
Intra-day trading.
You can buy stocks on credit when you have not enough money, by paying some price.
Facility of cover-order.
·E-Margin facility.

Mutual funds

Mutual funds are another product of HDFC Securities. A Mutual Fund is a pool of cash gathered from various investors. Putting resources into Mutual Funds is simpler and less hazardous when compared with stocks. This is on the grounds that the assets are put resources into an expanded resource class and oversaw by experts.

Features Of Mutual Fund:

Company provided online MF return calculator.
Funds invested in various and different stocks and other instruments.
Can buy and sell mutual funds like stocks in a stock exchange and very easily.

Loan On Securities

Because HDFC Securities is a subsidiary of HDFC Bank, so they offer loan against your securities. You can get a loan against your securities for the purpose of investing or for fulfilling any personal need.

Home Loan

HDFC Securities offers loan against your property. If you are planning to buy a house but you are short on funds, you can get a loan against your property from HDFC Securities.

Auto Loan

You are trying to buy your dream car or any used car, but lacking in funds. Doesn’t worry HDFC Securities can help you in getting a loan for buying a car.

Personal Loan

Arranging funds in a crisis, satisfying your fantasies like that of going on a vacation, startling medical costs, marriage in the family or some other individual needs.HDFC Securities can help satisfy any of your needs viably.

Education Loan

HDFC Securities also provides the facility of getting loans for the purpose of education. You want to get a university education but you lack money, you can get a loan from HDFC Securities for that purpose and avail your dream

Derivatives

HDFC Securities offers trading derivatives in India, whether you are a temporary or permanent investor. Derivatives trading is also not much costly. There are two types of derivative products in HDFC Securities, named Currency and Equity. The company is offering three types of derivatives.

Equity derivatives
Currency derivatives
NRI derivatives.

Fixed Deposit

Fixed deposit means investing or depositing money in HDFC Securities for a specified period at a specified interest rate.

Non-Convertible Debentures

Debentures are financial instruments, which are not for the short term. Not- convertible debentures can’t be converted into equities or shares.

HDFC Securities Bonds

HDFC Securities also issues bonds, which are basically debt instruments. 54EC BONDS: HDFC Securities also issues 54EC bonds; these are the best source for saving capital gain tax.

Life Insurance

Insurance is a money related cover taken by people or companies to shield themselves from unexpected liabilities. Life insurance ensures money to a person’s family in case of the disastrous downfall of the policyholder during the term.

General Insurance

General insurance is a money related cover for unexpected liabilities for a non-life purpose such as health.

OTHER PRODUCTS: HDFC Securities offers some other minor products also such as instaSMS which costs Rs. 4 per day, or e-tax, reality or e-will, etc.

Pros and cons of HDFC Securities

Every stock broker has it’s pros & cons. So without Pros & Cons, this HDFC Securities review will be incomplete.

Pros:

HDFC Securities offers 3 in 1 account for the great trading experience.
Service named ENCASH, because of which you can get proceeds same day.
Training and learning.
Online market latest information.
Tracking account.
The great facility of NRI account.
Offers loans for the individuals and companies
Loans for securities are a great facility provided by the company.

Cons:

You can’t trade by commodity.
They want that you must have a savings account in their company. That’s a big limitation for clients.
Their desktop trading software called link’ is not free and you have to pay for that.

Why You Should Choose HDFC Securities?

At Outlook Money, HDFC Securities was the winner in the category of retail broking in 2017. Also, Outlook Money announced as runners-up in the best e-brokerage house category in 2016. Incorporated 3 in 1 account represents secure and helpful and easy trading. Cutting edge Trading and Investments Platform for better, speedier and less difficult trading knowledge.

BLINK, a terminal platform for putting in stock requests at an extremely quick speed. Office to trade in Equities, derivatives, mutual funds, and Currency. Extra administrations like relationship supervisor, tips, and recommendations, technical research, preparing, and training. Call and Trade free service. Provides great loan options.

Brokerage for Delivery Based Trades

HDFC securities brokerage charges calculator

Equity Segment

Category	Fee
Delivery Based Trades	Resident Indians – 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell) For NRI’s – 0.75% or min ₹100 or ceiling of 2.5% on transaction value (Both Buy & Sell)
Square-Off Trades Cash & Carry Scrips	0.10% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
Square-Off Trades Margin Scrips	0.05% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell)

Derivatives (Futures Market)

Category	Fee
Non-Square Off (Carry Forward) Trades	0.05% or min ₹25 or ceiling of 2.5% of transaction value (Both Buy & Sell)
Square-Off Trades	0.025% or min ₹25 or ceiling of 2.5% of transaction value (Both Buy & Sell)

Derivatives (Option Market)

Category	Fee
Brokerage	Higher of 1% of the premium amount or ₹100 per lot (Both Buy & Sell)

Using HDFC Securities brokerage charges calculator will give you an idea of the HDFC Securities brokerage amount you will have to pay.

Other Standard Charges on Trades:

HDFC Securities Brokerage Charges:

Category	Charge
Goods and Services Tax (GST)	18% on Brokerage
Securities Transaction Tax (STT)	0.125% of the transaction value (Both Buy & Sell)
Stamp Duty	0.01% on turnover
SEBI Turnover Tax	₹15 per Crore on turnover

The Conclusion

HDFC Securities is outstanding with proficient brokers for its exhaustive web-based exchanging entryway contributions. On the off chance that you are searching for a broker that can give you consistently distributed stock research reports and purchase/offer proposals, quality client benefit then HDFC Securities would be the correct fit for you. Be that as it may, in the event that you are a trader searching for cheap brokerage, then you may consider moving to other brokers for trading.