HDFC Securities (HDFCsec) is the Equity trading company of HDFC Bank. HDFC Securities offers online and telephone trading. HDFC Securities trading account has a unique three-in-one function, which can integrate your HDFC Securities trading account with your existing HDFC. Bank savings accounts and existing Demat accounts. The funds/stocks are successfully transferred from the associated Demat/bank account to complete the transaction.

HDFCsec provides NSE and BSE cash arbitrage, NSE and BSE day trading, NSE futures and options trading, and online IPO investment.

Features of online trading of HDFC securities. 

1. Worry-free trading: By consolidating your accounts, we guarantee to waste the least time when transferring your funds and stocks.
2. Speed-Place orders electronically so that receipts can be provided immediately. A confirmation email will be sent to you after completing the order. 
3. Security and reliability: HDFC values ​​provide the highest level of security, such as 128-bit encryption technology.
4. Dedicated and individual contact numbers for telephone transactions and customers. Be careful.

HDFC 3-in-1 account 

HDFC Bank 3-in-1 account provides excellent investment opportunities. It is a combination of a bank account, business account and Demat account. All these accounts are linked together and operate as one account. 

Customers buy stocks, the funds are deducted from the bank account, and the stocks are deposited into the Demat account. Similarly, when selling shares through a trading account, the shares will be deducted from the Demat account and the funds will be transferred to HDFC’s bank account.

Open online HDFC securities account 

To trade stocks online in HDFC, investors must open 3 accounts; HDFC bank account, HDFC business account and HDFC Demat account. It is easy to open a business account with HDFC. You can do one of the following to open an HDFC account:

• Visit hdfcsec.com and fill out the “Open Trading A/C” form.
• Call HDFC and let them know that you are interested in opening an account with them.

 In either case, an HDFC representative will contact you within a day or two to inform you of the account opening process. If necessary, they will usually send someone to your home to collect documents, signatures and evidence.

Documents required to open an account on HDFCsec

All Indian/non-resident NRIs (except US NRIs) or Indian companies can register with HDFCsec. The following documents are required to open an account with HDFCsec. 

• A passport photo
• A copy of PAN card
• Proof of Identity: A copy of your passport or PAN card, voter ID or driver’s license
• Proof of address: A copy of your driver’s license, passport or grocery card or voter card or telephone bill or utility bill or bank statement.

HDFC Securities Trading Software

HDFC Sec provides a variety of investment platforms. These trading platforms are designed for beginners and experienced investors. Available trading software includes installable trading terminals, browser-based trading websites and mobile trading applications.

Advantages (advantages) of HDFC securities

The following are the advantages of HDFC securities. Before opening an HDFC securities account, you should be familiar with the advantages and disadvantages of HDFC securities. 

1. Provides an integrated three-in-one account (bank, brokerage and demat), which makes HDFC a very user-friendly trading platform. 
2. Online IPO investments, mutual funds, Indian government bonds, insurance plans and postage savings-all from one website. 
3. It applies to BSE and NSE. 
4. An excellent novice trading platform.

Disadvantages of HDFC securities

The advantages and disadvantages of HDFC securities will help you determine whether it is suitable for your investment needs.

1. HDFC Sec’s brokerage service quality is very high, and there is no room for negotiation. 
2. HDFC does not provide trade in goods. You cannot use MCX or NCDEX via HDFC.
3. A three-in-one account must open a Demat account with HDFC Bank Ltd as a depositary member (DP). It is very expensive to open a Demat account with HDFC Bank as a banker. 
4. The minimum HDFC brokerage commission for each transaction is 25 rupees, which is a lot.
5. HDFC charges 0.05 rupees to stockbrokers, up to 10 rupees, which makes it difficult to trade low-priced stocks.