Groww vs HDFC Securities (Compare Groww vs 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.

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

Groww

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HDFC Securities

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	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 : Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer	HDFC Securities : Special Offer: Unbeatable F&O Value Plans + Zero interest on F&O positions taken against collateral. Get the offer
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 digital gold.	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 : No F&O Trading, Grow does not provide Options & Future Trading. 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 facilityc 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 ₹0 (Free) and HDFC Securities Trading Account Opening Fee is ₹999 . Groww Demat Account AMC is ₹0 (Free) and HDFC Securities Demat Account AMC is ₹750 .

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

Groww vs HDFC Securities Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs.20 per executed order or 0.05% of order value and Equity Intraday is Rs.20 per executed order or 0.05% of order value and Equity Options is Flat Rs.20 per Trade . HDFC Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is ₹100 per lot or 1% of the premium (whichever is higher) .

	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% of order value	Equity Delivery : 0.50%
Equity Intraday	Equity Intraday : Rs.20 per executed order or 0.05% of order value	Equity Intraday : 0.05%
Equity Future	Equity Future : Flat Rs.20 per Trade	Equity Future : 0.05%
Equity Options	Equity Options : Flat Rs.20 per Trade	Equity Options : ₹100 per lot or 1% of the premium (whichever is higher)
Currency Futures	Currency Futures : Trade Not Available	Currency Futures : ₹23 per contract
Currency Options	Currency Options : Trade Not Available	Currency Options : ₹20 per contract
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : NA	Margin Trading : 0.05%
Commodity Futures	Commodity Futures : Trade Not Available	Commodity Futures : 0.02% for Intraday / 0.025% for positional
Commodity Options	Commodity Options : Trade Not Available	Commodity Options : 0.02% for Intraday / 0.025% for positional

Groww vs HDFC Securities Transaction Charges (Per Crore)

Groww Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% | BSE 0.003% (each side) and Equity Options is NSE: 0.0019% | BSE 0.003% (each side) . HDFC Securities Transaction Charges (Per Crore) Equity Future is .00190% and Equity Options is 0.050% (on premium) .

	Groww	HDFC Securities
Equity Delivery	Equity Delivery : NSE ₹345 per Cr \| BSE ₹345 per Cr	Equity Delivery : 0.00325%
Equity Intraday	Equity Intraday : NSE ₹345 per Cr \| BSE ₹345 per Cr	Equity Intraday : 0.00325%
Equity Future *	Equity Future : NSE: 0.0019% \| BSE 0.003% (each side)	Equity Future : .00190%
Equity Options *	Equity Options : NSE: 0.0019% \| BSE 0.003% (each side)	Equity Options : 0.050% (on premium)
Currency Futures *	Currency Futures : NA	Currency Futures : 0.00110%
Currency Options	Currency Options : NA	Currency Options : 0.040% (on premium)
Commodity	Commodity : NA	Commodity : NA

Groww vs HDFC Securities Other Charges

Groww Minimum Brokerage is ₹20 or 0.05% per executed order and Call & Trade is NA . HDFC Securities Minimum Brokerage is ₹25 plus taxes and Call & Trade is ₹0 .

	Groww	HDFC Securities
Minimum Brokerage	Minimum Brokerage : ₹20 or 0.05% per executed order	Minimum Brokerage : ₹25 plus taxes
Call & Trade	Call & Trade : NA	Call & Trade : ₹0
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%	Stamp Duty : State-wise
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:₹20+Courier; ₹50Auto square	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 Web , Groww Mobile	Trading Platform : HDFC Web, Pro Terminal, Mobile Trading, Blink, 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 : Single platform for stocks, MFs, Gold, IPOs, ETFs,	Unique features & Offers : Offers Digify, a unique platform to invest in mutual funds
Referral Program	Referral Program : No	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 & NSDL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : ₹999
Advance Deposit	Advance Deposit : NIL	Advance Deposit : ₹7,500 for online trading
AMC	AMC : ₹0 (Free)	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : ₹150 per certificate + courier charges	Dematerialisation Charges : ₹5 per certificate + ₹35 per request
Rematerialisation Charges	Rematerialisation Charges : ₹150 per certificate + courier charges	Rematerialisation Charges : ₹30 per request + actuals, Currently a) ₹10 for every hundred securities or part thereof; or b) a flat fee of ₹10 per certificate whichever is higher
Transaction Charges (Credit)	Transaction Charges (Credit) : NA	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : ₹25 or .04% which ever is higher
Pledge Creation Charges	Pledge Creation Charges : ₹20 + ₹12 per request (CDSL Charges))	Pledge Creation Charges : If Pledge is marked in favour of HDFC Bank: 0.02% of the value of the Txn. If Pledge is marked to other than HDFC Bank: 0.04% of the value of the Txn.
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹20 + ₹12 per request (CDSL Charges))	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : ₹20	Pledge Invocation Charges : -
Failed Instruction Charges	Failed Instruction Charges : ₹50 per ISIN	Failed Instruction Charges : -
Other Charges	Other Charges : KYC Modification Request : ₹50	Other Charges : Mailing Chargesfor Non Periodic statements: Rs.35/- per request

Groww vs HDFC Securities Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 780570 and . HDFC Securities Year of Incorporation is 2002 and Total Number of Clients is 957085 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 : From CDSL	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 : 780570	Total Number of Clients : 957085
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 Charts and Data

Groww and HDFC Securities both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Groww	HDFC Securities
Live data source	Live data source : -	Live data source : BSE, NSE
Advanced Charting tools	Advanced Charting tools : -	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : -	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : -	No.of indicators : 100+
No.of charts can be opened	No.of charts can be opened : -	No.of charts can be opened : 8
Live Scanners	Live Scanners : -	Live Scanners : Yes
Customizable screeners	Customizable screeners : -	Customizable screeners : Yes
Trading from charts	Trading from charts : -	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : -	Compare Symbol performance on Chart : -
Options charts	Options charts : -	Options charts : Yes
Continuous futures charts	Continuous futures charts : -	Continuous futures charts : Yes
Intraday historical data for charts	Intraday historical data for charts : -	Intraday historical data for charts : Yes
End of Day historical data for charts	End of Day historical data for charts : -	End of Day historical data for charts : Yes
Corporate action adjusted charts	Corporate action adjusted charts : -	Corporate action adjusted charts : -
Back Testing	Back Testing : -	Back Testing : -
Options Chain	Options Chain : -	Options Chain : Yes
Heat Maps	Heat Maps : -	Heat Maps : Yes
Analytics	Analytics : -	Analytics : -
Price Ladder	Price Ladder : -	Price Ladder : -

Groww vs HDFC Securities Leverage

Leverage

	Groww	HDFC Securities
Equity Delivery	Equity Delivery : 1x (no margin)	Equity Delivery : 2x with Intrest
Equity Intraday	Equity Intraday : Up to 8x (based on the stock)	Equity Intraday : Upto 20x
Equity Futures	Equity Futures : NA	Equity Futures : Nil
Equity Options	Equity Options : NA	Equity Options : Nil
Currency Futures	Currency Futures : NA	Currency Futures : Nil
Currency Options	Currency Options : NA	Currency Options : Nil
Commodity Futures	Commodity Futures : NA	Commodity Futures : Nil
Commodity Options	Commodity Options : NA	Commodity Options : -

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 : NA	Margin Trading : Yes
Call in Trade *	Call in Trade : NA	Call in 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

Groww vs HDFC Securities Company Information

	Groww	HDFC Securities
Financials *	Financials : No	Financials : Yes
News *	News : No	News : -
Company Analysis *	Company Analysis : No	Company Analysis : Yes
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