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HDFC Securities Review

HDFC securities Track Record Of Best Online Stock Broker In India

4

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Our Client Base

4.3

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HDFC Securities Review

HDFC Securities is the most renowned financial service providing company which is a subsidiary of private bank HDFC. It provides the both online trading and the trading on the go i.e. mobile or tab. It facilitates its customers with a unique three in one feature that integrates your HDFC securities trading account with the existing HDFC bank savings account and the existing demat account. This account helps in the smooth movement of funds or shares from the demat or bank account to execute the transactions.
HDFC Securities avails its customers with the Cash-n-Carry on both the NSE and BSE, day trading on both the NSE and BSE, trade on the Futures & Options on the NSE and the online IPO investment.

Features of HDFC Securities
1. Smooth Transactions: It carries the transactions smoothly by integrating the accounts and ensuring that there must be minimal waste of time during the movement of funds and shares.
2. Instant order placement: Since the orders are placed electronically. Thus, they are available instantly.
3. Manipulation: An email confirmation is sent to prevent any mismanagement.
4. Security and Safety: It offers the highest level of security such as 128- bit encryption technology.

HDFC Three-in-one Account
HDFC bank avails its customers with the three in one account to carry smooth investment opportunity. This is simply a combination of bank account, trading account and a demat account. These accounts are linked together and operate smoothly as a single account.
When a customer buys a stock then the money is withdrawn from a bank account then the shares are deposited in the demat account. Similarly, when the shares are sold using the trading account then the shares are withdrawn from the demat account and the money gets deposited in the HDFC bank account.

HDFC Trading Platforms
HDFC Securities has multiple investment platforms to offers its customers. These trading platforms are specially designed for the beginners as well as the experienced investors. This available trading software’s includes the installable trading terminal and the browser-based trading website and mobile trading application.
The trading software provided by HDFC Securities to its customers are:
1. HDFC Securities Website (Web-based trading platform).
2. Pro terminal (Stock Analysis platform).
3. HDFC Mobile Trading App.
4. Blink trader.
5. Smallcase.
6. Arya (voice enabled Investing).
7. Digify (Mutual Funds Platform).
8. Call and Trade.

Advantages of HDFC Securities
1. It provides an integrated three-in-one account (i.e. banking, broking and demat account). It makes HDFC extremely convenient trading platform.
2. It provides the facility of online investment in IPOs, Mutual Funds, GOI Bonds, Insurance and Postal Savings Schemes all of it from a single website.
3. It allows trading in both BSE and NSE.
4. The trading platforms are specially designed for the beginners.

Disadvantages of HDFC Securities
1. The brokerage is comparatively higher than other brokers and is negotiable.
2. It does not provide commodity trading. The customers cannot trade at MCX or NCDEX through HDFC.
3. To avail the three in one account service, one has to hold a demat and bank account with HDFC bank as the banker.
4. The minimal brokerage charged is ₹25 per trade that is too high. Most of the discount brokers does not have the minimum brokerage.
5. It charges a flat fee of ₹0.05 per share brokerage on the stocks quoting up to ₹10. It makes it difficult to trade in the penny stocks.
6. It does not provide good margin limit.



Frequently asked question

₹750 is the demat account AMC that is waived off for the first year. The charges will be charged from the next year.
The Pay out of funds or securities is credited within the business day post receipt of the funds or securities from the exchange. As an internal practise, we try and effect the pay out in T+2 days.
• NRE/NRO Regular Savings Account with any branch in India. • NRE/NRO PIS Savings Account with the designated branch. • NRE/NRO PIS Permission through HDFC Bank. • NRE/NRO Demat Account with HDFC Bank. • NRI Trading Account with HSL.
The application is processed at CPU and then it is forwarded to the HDFC Bank for the linking or opening of the bank and depository accounts. Once the savings and DP accounts are opened, the securities trading account is opened and then the details of all the accounts and the TIN, passwords, etc. are sent to you. If the application remains un processed because of any missing details then the customers will be contacted by the representative.
Yes, the NRIs can borrow against share or other securities. However, the loan must be utilized for meeting the requirement of borrower for his own business purposes.
Yes. A POA holder can manage portfolio on the behalf of NRIs. However, he cannot affect remittance outside India. With the Internet trading, life of NRIs has become easy for the portfolio investments.
HDFC Securities is good at offering the qualitative trading and investment services to all of its users.
Yes, you can start trading after opening an account. You just need to have funds in the bank account or stocks with your Depository Participant.
A cut off price is the offer price that is finalised by a company in consultation with the book running lead managers (BRLMs), that could be any price within the price band. It is different from a floor price that is the minimal price at which the bids can be made.
HDFC Bank Demat Account is the easiest, safest and the most convenient way of storing the investments. Now, open the demat account without any charges and then combine a trading account and a savings account to seamlessly bank and invest.
The user Id will be sent to you once the account is opened along with the account details. The password and TIN will be dispatched to you separately by the secured mail.
Yes, an email address is compulsory to open an account with HDFC Security.
In NRE PIS Permission, all the holders should be the NRIs. In case of NRO PIS Permission NRO PIS Account jointly with the resident only on former or survivor basis.
HDFC Pro Terminal is a paid platform. The firm charges an annual fee of ₹1,999 from customers.
The “Limit Price” shall mean that the price limit must be specified by the client to the HDFC Securities up to which the price the stop loss limit order for the cover order can get executed. The “margin” shall mean that the total amount must be made available by the client to HDFC Securities for taking a Cover Order Position under this facility.
The PIS account are always opened as per the holding pattern of the demat account. Thus, if the demat account exists in the combination of A+B+C, then the PIS permission too would be in combination of A+B+C. However, the Bank account can be solely in the name of A.
No, we don’t provide the three in one trading account to USA & Canada based NRIs and PIOs.
You can link up to five HDFC Bank saving bank account and five HDFC Bank demat accounts to your trading account.
Login with HDFC Securities trading website and then click on IPO button on the top navigation bar to see the list of current IPOs/FDs. Click on apply of the IPO that you would like to apply for. On Place order page choose the select investor status (i.e. ASBA Retail), enter the order information and then click on proceed.

HDFC securities Reviews