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Groww vs HDFC Securities (Compare Groww and HDFC Securities)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Groww vs HDFC Securities, Below comparison of Groww vs HDFC Securities highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Groww vs HDFC Securities is given below:

Groww

HDFC Securities

	Groww	HDFC Securities

About The Brokers	Groww : "Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas >>> more	HDFC Securities : "With 273+ branches in 190 cities of the country serving 1.8 million customers, comprises approximately 10% of the total customers trading on the exchanges puts HDFC s >>> more
Find More Information about the Broker :	Groww : OVERVIEW BROKERAGE PRODUCTS & SERVICES	HDFC Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Groww : Discount Broker	HDFC Securities : Full Service Broker
Promo/offers	Groww : N/A	HDFC Securities : N/A
Advantage	Groww : Free research services No DP charges on buy & low brokerage. Commission Free mutual fund investment Free Demat & Trading account, No charges on account opening Zero Clearing Charges Zero Demat AMC Charges Option to invest online in gold etfs, SGBs & gold funds	HDFC Securities : 3-in-1 online trading account.. Security of your investment & money. 24/7 customer service. Easy-to-use website. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Trading is available in both BSE and NSE.
Disadvantage	Groww : Does not provide a 3in1 account facility. Does not provide commodity Trading Does not provide trading options: Bracket, GTT orders, etc does not provide Margin trading facility No Call and Trade services No Margin against shares Does not offer NRI Trading	HDFC Securities : No commodity trading.. Very High brokerage.. Not a good fit for small and penny stock traders. Charges for trading terminal usage. Minimum brokerage charges.
Why This	Groww : Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade. Equity intraday trade at Rs. 20 or 0.05% (whichever is lower) Groww provides mutual funds investment at Zero Fees, No transaction charges, 100% paperless online Demat account opening 128 bit SSL Encryption Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost No DP charges on buy. Highly rated Groww mobile App Facility to invest in US Stocks	HDFC Securities : A Unique 3-in-1 On-line Trading Account, which includes HDFC Bank Saving Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through HDFC Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >20 Lac customers. Free Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Facility to trade in Equities, IPO's, Mutual Funds, F&O and Currency derivatives. Add on services like relationship manager, tips & recommendations, technical research, training and education.

Groww vs HDFC Securities Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 (Free) and HDFC Securities Trading Account Opening Fee is Rs 999 . Groww Demat Account AMC is Rs 0 and HDFC Securities Demat Account AMC is Rs 750 .

	Groww	HDFC Securities
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 999
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 0	Demat Account AMC : Rs 750
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0

Groww vs HDFC Securities Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order . HDFC Securities Brokerage Charges Equity Delivery is 0.32% and Equity Intraday is 0.032% and Equity Options is Rs 20 per trade .

	Groww	HDFC Securities
Plan Name	Plan Name : Basic Plan	Plan Name : Online Trading
Equity Delivery	Equity Delivery : Rs 20 per executed order or 0.05% whichever is lower	Equity Delivery : 0.32%
Equity Intraday	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower	Equity Intraday : 0.032%
Equity Future	Equity Future : Rs 20 per executed order	Equity Future : Rs 20 per trade
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 20 per trade
Currency Futures	Currency Futures : NA	Currency Futures : -
Currency Options	Currency Options : NA	Currency Options : -
Monthly Fee	Monthly Fee : NA	Monthly Fee : Rs 199 per year
Margin Trading	Margin Trading : -	Margin Trading : 0.05%
Commodity Futures	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : NA	Commodity Options : -

Groww vs HDFC Securities Exchange Transaction Charges

Groww Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) . HDFC Securities Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	Groww	HDFC Securities
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : NA	Commodity : NA

Groww vs HDFC Securities Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . HDFC Securities Minimum Brokerage is Rs. 25 per order on equity segment and Call & Trade is Rs 0 .

	Groww	HDFC Securities
Minimum Brokerage	Minimum Brokerage : Rs 20 or 0.05% per executed order	Minimum Brokerage : Rs. 25 per order on equity segment
Call & Trade	Call & Trade : NA	Call & Trade : Rs 0
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50	Other Miscellaneous Charges : -

Groww vs HDFC Securities Features

Groww and HDFC Securities both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Groww	HDFC Securities
Trading Platform	Trading Platform : Groww	Trading Platform : ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Instant online, paperless account opening. One-stop shop for all your investments. Multiple platforms and trading options. The lowest brokerage of 0.10% per trade for Equity Delivery. Portfolio Tracking in Depth. 24/7 assistance and Call &Trade service. Get payout up to Rs 5 lakhs on the same day with enCash Facility. Relationship Manager Service. Margin Trading Facility. Various Brokerage plans Free Basket Investment registration. 3-in-1 account opening.
Referral Program	Referral Program : -	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : No

Groww vs HDFC Securities Demat Account Charges

A comparative table of various demat account charges between Groww and HDFC Securities is below:

	Groww	HDFC Securities
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0 (Free)	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : Rs 7,500/-
AMC	AMC : â‚¹0 (Free)	AMC : For Non BSDA Individual a/c : Rs 750 p.a For BSDA Individual a/c: Holding value 0 to 50,000: Nil Holding value between 50,001 to 2,00,000: Rs 100 p.a Holding value more than 2,00,000: Rs 750 p.a. For Corporate a/c:- Rs 1,500 p.a
Dematerialisation Charges	Dematerialisation Charges : â‚¹150 per certificate + courier charges	Dematerialisation Charges : Rs 5 per certificate + Rs 35 per Dematerialisation request submitted
Rematerialisation Charges	Rematerialisation Charges : â‚¹150 per certificate + courier charges	Rematerialisation Charges : Rs 30 per request + CDSL actuals
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹8 + â‚¹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : 0.04% of the value of txn subj to min Rs 20 per txn done by EASIEST. For BSDA a/c it's 0.06%, Min Rs 40 0.04% of the value of txn subj to Min Rs 25 per txn done by HDFC securities. For BSDA a/c It's 0.06%, Min Rs 45 0.04% of the value of txn subj to Min Rs 40 per txn undertaken by Manual txn. For BSDA a/c it's 0.06%, Min Rs 60 For Debt txn 0.04% of the value of txn subj to Min Rs 40 & Max Rs 5,000 per txn. For BSDA a/c it's 0.06%, Min Rs 60 & Max Rs 5,000 If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min Rs 25 per txn
Pledge Creation Charges	Pledge Creation Charges : â‚¹20 + â‚¹12 per request (CDSL Charges)	Pledge Creation Charges : Nil
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : If the pledge is marked in favour of HDFC Bank: 0.02% of the value of the txn subject to min of Rs 40 per txn 0.04% of the value of the txn subject to min of Rs 60 per txn for BSDA a/c
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹20	Pledge Invocation Charges : If the pledge is marked to other than HDFC Bank 0.04% of the value of the txn subject to min of Rs 40 per txn 2. 0.06%, of the value of the txn subject to min of Rs 60 per txn for BSDA a/c
Failed Instruction Charges	Failed Instruction Charges : â‚¹50 per ISIN	Failed Instruction Charges : Nil
Other Charges	Other Charges : KYC Modification: â‚¹50	Other Charges : Mailing charges for non-periodic statements & other communication: Rs 35 for inland & Rs 500 for foreign address For restoring services if account is suspended for non payment of charges: Rs 250 Reissuance of Delivery Instruction Booklet (DIB): Rs 75 per Booklet Settlement Charges: Rs 250 pm for CM Principle account & Unified Settlement account & Rs 500 p.m for CM Settlement account

Groww vs HDFC Securities Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 9185024 and . HDFC Securities Year of Incorporation is 2002 and Total Number of Clients is 1088561 and Total Number of Branches is 270 .

	Groww	HDFC Securities
Year of Incorporation	Year of Incorporation : 2016	Year of Incorporation : 2002
Active Exchange Memberships	Active Exchange Memberships : NSE and BSE	Active Exchange Memberships : BSE, NSE, MCX, NCDEX
Demat Services	Demat Services : No	Demat Services : Yes
Website	Website : https://groww.in/	Website : www.hdfcsec.com
Contact Details	Contact Details : -	Contact Details : 0294 242 5771
Total Number of Clients	Total Number of Clients : 9,185,024	Total Number of Clients : 1,088,561
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 270
Products *	Products : GROWW MOBILE APP	Products : Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution

Groww vs HDFC Securities Orders

Orders

	Groww	HDFC Securities
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : No
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes

Groww vs HDFC Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Groww	HDFC Securities
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : No	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes

Groww vs HDFC Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Groww	HDFC Securities
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs 300,000 to Rs. 500,000

Groww vs HDFC Securities Product & Services

Groww and HDFC Securities both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Groww	HDFC Securities
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : No
Call N Trade *	Call N Trade : NA	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : Yes
NRI Services *	NRI Services : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : YES	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : NO	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : No	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : No	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : No	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No

Groww vs HDFC Securities Customer Services

Groww and HDFC Securities both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Groww	HDFC Securities
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : No	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No

Groww vs HDFC Securities Other Investement

Groww and HDFC Securities both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Groww	HDFC Securities
Commodity Trading *	Commodity Trading : No	Commodity Trading : No
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : No	Insurance Services : Yes
Banking Services *	Banking Services : No	Banking Services : Yes

Groww vs HDFC Securities Trading Platform

Groww and HDFC Securities both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Groww	HDFC Securities
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : No
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : No
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