Charges at a glance
Figures above are HDFC Securities' Standard (default) plan. Its Value Plans — Platina, Premia, Maxima and Optima — lower delivery brokerage to as little as 0.10% and F&O to ₹20/order, but require an active HDFC Bank savings account and carry their own annual subscription fees.
About HDFC Securities
HDFC Securities Ltd is a subsidiary of HDFC Bank and has operated as a full-service stockbroker since 2000. It is registered with SEBI and is a depository participant with both CDSL and NSDL, offering equities, F&O, currency and commodity derivatives, IPOs, mutual funds, bonds and more through its 3-in-1 investment account.
HDFC Securities is best known for the tight integration of its 3-in-1 account — HDFC Bank savings, trading and demat, plus a research desk and relationship-manager support. Its Standard (default) brokerage plan is on the higher side compared with discount brokers, but its Value Plans (Platina, Premia, Maxima, Optima) — available to HDFC Bank customers — can bring delivery brokerage down to as low as 0.10% and F&O down to ₹20 per order.
Platforms
HDFC Securities App & Website
Free mobile and web trading app covering equities, F&O, IPOs, mutual funds, bonds and more.
Blink
Downloadable desktop terminal built for high-speed equity and F&O trading; a paid annual subscription.
ProTerminal
Web-based analytics and trading terminal with sentiment analysis and strategy tools; a paid annual subscription.
Regulatory & statutory charges
Besides brokerage, every trade attracts STT/CTT, exchange transaction charges, SEBI charges, GST and stamp duty. These are fixed by the government/exchanges and are the same across brokers.
Calculate the exact charges for any trade upfront using our brokerage calculator.
Equity
| Charge | Equity delivery | Equity intraday | F&O – Futures | F&O – Options |
|---|---|---|---|---|
| Brokerage | 0.50% or min ₹25/order, cap 2.5% (both buy & sell) | 0.05% or min ₹25/order, cap 2.5% | 0.05% (carry) / 0.025% (same-day), min ₹25 | Higher of 1% of premium or ₹100/lot (both sides) |
| STT/CTT | 0.1% on buy & sell | 0.025% on sell side | 0.05% on sell side | 0.15% on sell side (premium); 0.15% of intrinsic value if exercised |
| Transaction charges | NSE 0.00297% / BSE 0.00375% | NSE 0.00297% / BSE 0.00375% | NSE 0.00183% / BSE 0% | NSE 0.03553% / BSE 0.0325% (on premium) |
| SEBI charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp duty | 0.015% (buy side) | 0.003% (buy side) | 0.002% (buy side) | 0.003% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |||
Rates above are the Standard plan. HDFC Securities also offers currency derivatives trading, and its Value Plans (Platina/Premia/Maxima/Optima) reduce brokerage further for eligible HDFC Bank customers — confirm current rates on hdfcsec.com before trading.
Commodity
| Charge | Commodity futures | Commodity options |
|---|---|---|
| Brokerage | Same tiered Standard/Value plan structure as equity — confirm current rate on hdfcsec.com | Same tiered Standard/Value plan structure as equity — confirm current rate on hdfcsec.com |
| STT/CTT | 0.01% on sell side (non-agri) | 0.05% on sell side |
| Transaction charges | MCX 0.0021% / NSE 0.0001% | MCX 0.0418% / NSE 0.001% |
| SEBI charges | Agri ₹1/crore, Non-agri ₹10/crore | ₹10 / crore |
| Stamp duty | 0.002% (buy side) | 0.003% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |
Mutual funds
- HDFC Securities offers both Direct and Regular mutual fund plans; Direct plans carry no distributor commission, while Regular plans build trail commission into the fund's expense ratio.
- Stamp duty of 0.005% applies on the purchase (buy) side of mutual fund units, as mandated by the government.
- STT of 0.001% applies only on redemption (sell) of equity-oriented mutual fund units.
Charges for account opening
| Type of account | Charges |
|---|---|
| Individual account | free |
| HUF account | not published — confirm with HDFC Securities |
| NRI account | ₹2,500 (trading account; PIS/demat charged separately) |
Demat AMC (Annual Maintenance Charge)
HDFC Securities waives demat AMC for the first year, then charges ₹750/year from the second year onwards (billed in advance at the start of the billing cycle). BSDA-eligible accounts are assessed against SEBI's BSDA holding-value thresholds. The trading account itself carries no AMC.
Penalties & other charges
Charges that apply only in specific situations — good to know upfront so nothing catches you off guard.
Penalties
Other charges
Pros & cons
What users like
- Tightly integrated 3-in-1 account linking HDFC Bank savings, trading and demat
- Full-service research desk, relationship-manager support and a wide branch network
- Broad product range — equities, F&O, currency & commodity derivatives, IPOs, mutual funds, bonds, SGBs and US stocks
- Value Plans can cut delivery brokerage to 0.10% and F&O to ₹20/order for HDFC Bank customers
What to watch for
- Standard (default) plan brokerage is high — 0.50% on delivery, 0.05% on intraday
- Lower Value Plan pricing needs an HDFC Bank savings account and an active POA/DDPI
- Blink and ProTerminal carry separate annual subscription fees on top of brokerage
Read what customers say about HDFC Securities
Overall rating 1.7/5 based on 3 customer reviews — or share your own experience.