HDFC Securities Review 2020

HDFC Securities Rated 3/5
learn more Learn more about IC Markets. Losses can exceed deposits
HDFC Securities Screenshot

HDFC Securities Guide

HDFC Securities are an online broker founded in 2000 offering Demat Account trading, Trading Account trading, NRI Account trading, Commodity Trading trading, Currency Trading trading, Mutual Fund Account trading, and NPS Account trading.

HDFC Securities are a global broker and have a head office in India.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of HDFC Securities we break down the pros and cons. What HDFC Securities are able to offer, what countries HDFC Securities are available in. Who HDFC Securities are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with HDFC Securities

Open HDFC Securities's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to HDFC Securities

With this review we hope to help you see if HDFC Securities is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding HDFC Securities that will help you get off to a good start in the world of online trading.

HDFC Securities Review Table of Contents

HDFC Securities what you should know

HDFC Securities offer ways to trade: Demat Account, Trading Account, NRI Account, Commodity Trading, Currency Trading, Mutual Fund Account, NPS Account.

With HDFC Securities you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with HDFC Securities platform.

HDFC Securities are able to accommodate various levels of traders whether you are experienced or a beginner.


Are HDFC Securities safe?

When choosing a broker like HDFC Securities the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2000, and in operation for 20 years HDFC Securities have a head office in India.

HDFC Securities is regulated. This means HDFC Securities are supervised by and is checked for conduct by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to HDFC Securities, this will be honored. If HDFC Securities violate any regulatory rules their regulated status could be stripped.

Any payments funded to HDFC Securities accounts by traders are held in a segregated bank account.

For added security HDFC Securities use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with HDFC Securities. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit HDFC Securities

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker hdfcsecurities IC Markets eToro XTB
Year Established 2000 2007 2006 2002
Head Office India Australia Cyprus, UK Poland
Regulation Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
Used By 2,000,000+ 60,000+ 12,000,000+ 250,000+
Negative balance protection Yes Yes No Yes
Guaranteed Stop Loss No No No No
Learn More Visit HDFC Securities Visit IC Markets Visit eToro Visit XTB
Risk Warning Your capital is at risk Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

HDFC Securities Pros and Cons

What we like about HDFC Securities

  • Used by over 2,000,000 traders
  • Established in 2000
  • Regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange
  • Min. deposit from $0

What we don't like about HDFC Securities

HDFC Securities Financial Regulation and Supervision in more detail

We have checked and HDFC Securities is regulated and supervised by reputable organisations. You are able to check every HDFC Securities supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with HDFC Securities. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect HDFC Securities traders and provide a safe trading environment.

  • Securities and Exchange Board of India (SEBI)
  • Member of the Bombay Stock Exchange

HDFC Securities is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as HDFC Securities you should be sure they're legitimate online agent.

HDFC Securities Awards

HDFC Securities have won numerious industry awards over the 20 years they have been operating as a financial broker. We list the most notible awards and mentions for HDFC Securities below.

  • Outlook money 2017 best retail brokers
  • Express Computers BFSI Digital Innovation Awards for Enterprise Applications

HDFC Securities General Fees

  • HDFC Securities doesn't charge withdrawal fees
  • HDFC Securities doesn't charge inactivity fees
  • HDFC Securities doesn't charge deposit fees
Broker hdfcsecurities IC Markets eToro XTB
Min Deposit 0 200 200 0
Withdrawal Fees No No Yes varies
Inactivity Fees No No Yes No
Deposit Fees No Varies No No
CFD Commission Fees No Yes No Yes

HDFC Securities Commissions

  • HDFC Securities doesn't charge commission on CFD instruments.

What can you trade with HDFC Securities?

Be aware that Different entities under HDFC Securities Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with HDFC Securities over 5000 instruments infact.

If you are looking at trading currency pairs HDFC Securities offer over 0 currency pairs.

Compare HDFC Securities with IC Markets and eToro below.

Your capital is at risk

Broker hdfcsecurities IC Markets eToro XTB
Instruments Available 5000 232 100 1,500
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies Visit HDFC Securities Visit IC Markets Visit eToro Visit XTB
Forex pairs offered 0 65 50 50
Major forex pairs No Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit HDFC Securities Visit IC Markets Visit eToro Visit XTB
Commodities Offered 14 19 0 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs Visit HDFC Securities Visit IC Markets Visit eToro Visit XTB
Stocks Offered 5000 100 957 1696
UK Shares No No Yes Yes
US Shares Yes Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes

Trading on HDFC Securities web platforms and other applications

HDFC Securities offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

HDFC Securities also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See HDFC Securities's platforms

HDFC Securities Trading benefits :

  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection

HDFC Securities Trading Accounts Offered :

  • STP account

Can I try HDFC Securities before I buy?

HDFC Securities offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

HDFC Securities withdrawal and funding methods.

Please note that the list of payment methods below depend on the HDFC Securities Entity and the Clients Country of Residence.

HDFC Securities offer the below funding payment methods. learn more about HDFC Securities

  • Bank Transfer
Broker hdfcsecurities IC Markets eToro XTB
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes
Neteller No Yes Yes Yes

How can I start trading with HDFC Securities?

When opening a trading account with HDFC Securities, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on HDFC Securities trading platforms here.

Performing trades with HDFC Securities

HDFC Securities allow you to execute a minimum of trade of varies. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As HDFC Securities offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Limiting Your Risk When Trading with HDFC Securities Negative Balance Protection

We should say something about negative balance protection with HDFC Securities. When trading using leverage an adverse move could result in losing more than your trading account balance at HDFC Securities. Your HDFC Securities account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

Education resources at HDFC Securities

To trade effectively with HDFC Securities, it's important to get a have a good understanding of the HDFC Securities trading tools and the markets.

HDFC Securities offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with HDFC Securities.

Take time to look around the HDFC Securities platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at HDFC Securities

HDFC Securities support a wide range of languages including English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文

HDFC Securities have a D grade support rating because because sometimes the response was slow or our query wasnt answered. HDFC Securities less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at HDFC Securities

HDFC Securities does not offer LiveChat Support.

Email Support at HDFC Securities

We sent several emails to HDFC Securities and answer times overall were excellent. The fastest response from HDFC Securities was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with HDFC Securities, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from HDFC Securities.

Phone Support at HDFC Securities

We called HDFC Securities and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The HDFC Securities phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual HDFC Securities team by calling in varying languages. HDFC Securities made an effort to make sure our queries were answered.

Overall the phone support from HDFC Securities was okay.

See how HDFC Securities Support Compares Against Other Brokers

Broker hdfcsecurities IC Markets eToro XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit HDFC Securities Visit IC Markets Visit eToro Visit XTB
Risk Warning Your capital is at risk Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with HDFC Securities

As HDFC Securities is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under HDFC Securities Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore HDFC Securities's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with HDFC Securities you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.hdfcsec.com/ on 12th August 2018.

Watch this HDFC Securities Informational Video

Is HDFC Securities A Good Broker?

We spent over 3 months examining HDFC Securities in depth. Although we found some very useful aspects of the HDFC Securities platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative HDFC Securities broker.

  • HDFC Securities have a good track record of offering Demat Account, Trading Account, NRI Account, Commodity Trading, Currency Trading, Mutual Fund Account, NPS Account.
  • HDFC Securities has a history of over 20 years.
  • HDFC Securities has a reasonable sized customer support of at least 10.
  • HDFC Securities are regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. This means HDFC Securities fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • HDFC Securities have regulation from a Tier 1 reputable country.
  • HDFC Securities has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • HDFC Securities have an international presence in multiple countries. This includes local HDFC Securities seminars and training.
  • HDFC Securities are able to hire people from various locations in the world who can better communicate in your local language.

HDFC Securities Risk Disclaimer

Your capital is at risk

HDFC Securities not quite right?

Check out these HDFC Securities Alternatives

We have spent years researching the best alternatives to HDFC Securities. Click the links below to learn more.

If you feel some of the above HDFC Securities are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of HDFC Securities alternatives below.

Related HDFC Securities Comparisons

If you would like to see how HDFC Securities stands up against other brokers you can read some of our HDFC Securities comparisons below. We compare side by side some of our top rated HDFC Securities versus comparisons. Read some indepth HDFC Securities VS pages below.

HDFC SECURITIES Frequently Asked Questions

Can I try HDFC Securities before I buy?

HDFC Securities do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do HDFC Securities accept?

Please note that the list of payment methods below depend on the HDFC Securities Entity and the Clients Country of Residence.

HDFC Securities offer the following funding payment methods Bank Transfers, Wire Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is HDFC Securities safe?

HDFC Securities are considered safe as they are regulated by and checked for conduct by the Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. Any payments funded to HDFC Securities accounts by traders are held in a segregated bank account. For added security HDFC Securities use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is HDFC Securities trading good?

HDFC Securities is considered good and reputable to trade with. HDFC SecuritiesHDFC Securities is used by over HDFC Securities active traders. HDFC Securities offers Demat Account trading, Trading Account trading, NRI Account trading, Commodity Trading trading, Currency Trading trading, Mutual Fund Account trading, and NPS Account trading. Minimum deposit with HDFC Securities is 0.

Is HDFC Securities trading Legit?

HDFC Securities was founded in India in 2000. HDFC Securities has been facilitating trade on the financial markets for over 20 years. HDFC Securities offers clients Demat Account trading, Trading Account trading, NRI Account trading, Commodity Trading trading, Currency Trading trading, Mutual Fund Account trading, and NPS Account trading. All funds deposited to HDFC Securities are held in segregated tier 1 bank accounts for security. HDFC Securities is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange so can be considered legit.

Is HDFC Securities a good broker?

HDFC Securities is overseen by the top tier financial regulators Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange so can be considered a good broker. HDFC Securities allows Demat Account trading, Trading Account trading, NRI Account trading, Commodity Trading trading, Currency Trading trading, Mutual Fund Account trading, and NPS Account trading.

Is HDFC Securities trustworthy broker?

HDFC Securities can be considered trustworthy. All money funded to HDFC Securities is placed into a segregated tier 1 bank account. this means your money in not held by HDFC Securities directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also HDFC Securities is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

What is the minimum deposit for HDFC Securities?

The minimum deposit to trade with HDFC Securities is 0.

How long do HDFC Securities withdrawals take?

Withdrawing money from HDFC Securities processing time varies but averages 2-5 days.

Is HDFC Securities regulated?

HDFC Securities is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

Is HDFC Securities a market maker?

HDFC Securities is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with HDFC Securities?

When opening a trading account with HDFC Securities, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on HDFC Securities trading platforms here.

Is my money safe with HDFC Securities?

HDFC Securities is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange. One of the most important criteria for traders when choosing a broker like HDFC Securities is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to HDFC Securities, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is HDFC Securities a con?

HDFC Securities is regulated and well established having been in business for over 20 years. HDFC Securities is definitely not a con.

Can you make money with HDFC Securities?

Although traders have had great success with HDFC Securities. Trading on the financial markets with HDFC Securities is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does HDFC Securities have fees?

HDFC Securities doesn't charge withdrawal fees. HDFC Securities doesn't charge inactivity fees. HDFC Securities doesn't charge deposit fees.

When was HDFC Securities founded?

HDFC Securities was founded in 2000.

How many people use HDFC Securities?

HDFC Securities is used by over 2000000 registered traders.

What is HDFC Securities Headquarters country?

HDFC Securities has its head quarters office in India.

Does HDFC Securities offer negative balance protection?

HDFC Securities offers negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does HDFC Securities offer guaranteed stop loss?

HDFC Securities does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does HDFC Securities allow scalping?

HDFC Securities does not offer scalping.

Does HDFC Securities allow hedging?

HDFC Securities offers hedging.

Does HDFC Securities offer CFD trading?

HDFC Securities does not offer CFD trading.

Does HDFC Securities offer STP?

HDFC Securities offers STP trading.

How many people use HDFC Securities?

HDFC Securities is used by over 2000000 traders.

Is HDFC Securities an ECN broker?

HDFC Securities does not offer ECN trading.

Does HDFC Securities offer a demo account?

HDFC Securities does not offer demo account.

Does HDFC Securities offer an Islamic account?

HDFC Securities does not offer Islamic accounts.

What are the funding methods for HDFC Securities?

HDFC Securities accept the following funding methods : Bank Transfer.

HDFC Securities review written by Andrew Blumer and Mark Hansen

We hope you found our review of the HDFC Securities brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

HDFC Securities review written by Mark Hansen of Comparebrokers.co