However, before you take any decision about this firm you must know about the HDFC Securities Brokerage Charges. The article below will guide you about all the HDFC Securities Charges that you would be paying if you are going to trade on its platforms and use its services for trading and investments.
HDFC is a renowned name in the banking and financial sector and HDFC Securities is a part of this huge financial conglomerate. HDFC is known for its various financial services and a wide range of investment options.
The company HDFC Securities is no less than its sister’s concerned and has an abundance of investment options and services that are rendered to the customers in order to provide them with a good opportunity to make money in the stock market.
|Equity Delivery Trading||0.50% or min Rs.25|
|Equity Intraday Trading||0.05% or min Rs.25|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 50 per instruction|
What are the HDFC Securities Brokerage Charges?
|What are the Equity Delivery Charges?||0.50% or min Rs.25|
|What are the Equity Intraday Charges?||0.05% or min Rs.25|
|What is the brokerage on Equity Futures?||0.05% or min Rs.25|
|How much brokerage charged for Equity Options?||Rs 100 per lot or 1% of the premium (whichever is higher)|
|What is the brokerage on Currency Futures?||Rs 23 per contract|
|What is the brokerage on Currency Options?||Rs 20 per contract|
|How much brokerage charged for Commodity Trading?||0.02% for Intraday / 0.025% for positional|
|Brokerage Calculator||HDFC Securities Brokerage Calculator|
HDFC Securities Brokerage Charges are a little bit on the higher side of the spectrum but given the fact that they provide exceptionally well-organized services and have ample investment options, these charges can be justified.
For the delivery segment as you can see the brokerage charge is pretty average or at par with the market which is 0.5%, most of the firms in the industry charge on similar lines. Then for the equity options also, it is at par with the market average but for the currency options, which is Rs.100 per lot is exponentially high.
Generally, the brokerage on the equity options is high but here it charges the same for both equity and currency options making currency options expensive compared to many other brokerage firms’ charges for the same segment.
For the other segment as you can see, it charges the same which is 0.05% and this is again a little over the market average. The best thing you can do is to calculate the brokerage on the stocks you are going to trade as this will give you a clearer idea of how much price to target to make your desired amount of profit.
Open Demat Account with HDFC Securities Now! – Fill up the Form
What are the HDFC Securities Account Opening Charges?
|Account Opening Charges|
|Are there any Trading Account Charges [One Time]?||Rs. 999|
|How much is the Trading Account AMC [Yearly]?||Rs. 0|
|Are there any Demat Charges [One Time]?||Rs. 0|
|How much is the Demat AMC [Yearly]?||Free or Rs. 750|
|Is any minimum Margin Money required?||75% Margin|
For trading and investment, you would need Demat and trading accounts as you may know and the stockbroker renders the services via these accounts. So, you need to open these accounts with HDFC Securities to assess their services and products for investment.
For opening the Demat account, you would have to pay HDFC Securities Demat Charges. These charges include the Demat HDFC Securities Account Opening Charges and the annual maintenance fees/charges.
The Demat account opening is free with HDFC Securities that is you do not have to pay any charges for opening the Demat account but, you need to pay a nominal amount of Rs.750 for maintaining the account with the firm over the years.
It is a yearly charge but this can also be waived if the firm offers such conditions to the customers. For the HDFC Securities Trading Charges, the Trading account opening charge is the main component which is Rs.999, a little high than most of the brokers in the industry.
However, there is no annual maintenance charge on the trading account of this firm, so you just have to pay the one-time fee for opening the trading account, and then you can access it for a lifetime.
When you have a trading account, you need to keep a 75% Margin always in this account. This is the minimum margin balance that the firm wants you to keep in the account to trade on their platforms.
Find out Brokerage & Other Charges of Stock Brokers
What are the HDFC Securities Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.00325 (%)|
|What are the Transaction Charges for Equity Intraday?||0.00325 (%)|
|How much are the Transaction Charges for Equity Futures?||0.00190 (%)|
|How much are the Transaction Charges for Equity Options?||0.050% (on premium)|
|What are the Transaction Charges for Currency Futures?||0.00110 (%)|
|What are the Transaction Charges for Currency Options?||0.040% (on premium)|
|Any Transaction Charges for Commodity Trading?||NA|
For trading, you need to pay these HDFC Securities Transaction Charges. As you can see in the table above, there are different transaction charges for each of the segments. While few of them differ on the two exchanges, for the other segments, they are the same.
A transaction charge of 0.00325% (NSE) is comparatively little lower than the market average for this segment, and it is the same for the cash segment as well. Apart from these, the other transaction charges are pretty nominal and average.
What are the other remaining HDFC Securities Charges?
|How much are the Transaction Charges levied?||0.0002% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
*Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)|
|How is the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 50 per instruction|
|Any charges for Account Closure?||Rs 60 per instruction|
|What are the Dematerialisation Charges?||Rs 5 per certificate + Rs 35 per request|
For trading purposes, apart from the brokerage and transaction charges, statutory HDFC Securities Charges are also levied. The statutory charges include the STT, transaction charge, stamp duty, and GST which all are mentioned in the table with their respective rates.
These charges are pretty similar for all the stock brokers as these are decided by the SEBI and the government administrative bodies. The other charges also include the interest rate or charge for margin funding which is 18%+GST. This is also quite the same as other stock brokers.
The reactivation charge of HDFC Securities accounts is pretty nominal at Rs.50 per segment and also for closing these accounts which is Rs.60 only. Even for the dematerialization of the shares, you do not need to pay any hefty charges.
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General FAQs on HDFC Securities Charges
Let us have a look at the FAQs on HDFC Securities Charges:
Does HDFC Securities provide fixed brokerage options?
Yes, the firm provides fixed brokerage options for investors.
Does HDFC Securities have different brokerage charges for penny stocks?
No, there are no different brokerage charges or plans for the penny stocks. You can trade them for charges like other equity segments.
Can I calculate HDFC Securities brokerage even before I place a Trade?
Yes, the firm provides an option to calculate the brokerage of the order you are going to place. You can use the Brokerage calculator from this site for doing the same.
Can I calculate HDFC Securities margin/limit/exposure?
Yes, you can calculate the limit, margin, and also exposure on the trades before you place the order for the same.
Are there any account opening fees by HDFC Securities?
Yes, there are account opening charges levied on the trading account of HDFC Securities. This is a one-time fee only.
Is there any AMC levied by HDFC Securities?
Yes, there is AMC levied on the Demat account which you have to pay every year provided the AMC is not waived off by some offers rolled out by the firm.
HDFC Securities Charges – Conclusion
HDFC Securities offers its services in the investment arena for affordable HDFC Securities Charges. All the charges that you read above are quite nominal and at par with the market except for a few.
Its exceptional services and an array of products and the brand value and trust factor, alongside any charge, whether HDFC Securities Demat Charges or transaction charges can be justified.
Open Demat Account with HDFC Securities Now! – Fill up the Form
Find out the Brokerage Charges of other Stock Brokers
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