Groww vs HDFC Securities Reviews 2025 | Which One Is Better
Groww vs HDFC Securities
Groww , founded in 2016, is a discount broker. It supports trading on the NSE and BSE. It has 0 branches in India. Full Service Broker HDFC Securities was founded in 2000. It provides trading on the The, Multi Commodity Exchange, NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 270 of its branches in India
Groww
Groww is the brand name for Nextbillion Technology Private Limited, a SEBI-registered stockbroker and member of the NSE and BSE. Groww, founded in 2016, began as a direct mutual fund investing platform. In the mid-2020s, Groww expanded its product offering to include equity trading. Other investing alternatives
available to users include digital gold, US stocks, and fixed deposits. Groww charges a lesser fee of Rs 20 or 0.05% each performed deal. You pay a maximum of Rs 20 as brokerage for an order, regardless of quantity or value. Groww provides free mutual fund services, including no expenses for investing or redeeming mutual
funds.Groww’s proprietary trading platform, Groww (web and mobile trading app), provides its investors with a flawless trading experience.
HDFC Securities
HDFC Securities, one of India’s top full-service stock brokers, was founded in 2000. One of HDFC Bank’s subsidiaries is HDFC Securities. The firm facilitates trading and investing in stocks, bonds, futures, options, buybacks, mutual funds, initial public offerings (IPOs), commodities, currency derivatives, stock portfolios, and more for its clientele. A registered broker with SEBI, HDFC Securities is also affiliated with the BSE,
NSE, MCX, CDSL, and NSDL.
HDFC Securities serves more than 1,800,000 + clients in a variety of industries and offers
more than 30 Also its provides service through Over 270 branches of the organisation which
are located throughout India. The lowest broking fees are charged by HDFC Securities,
which costs Rs 20 per transaction for trading in derivatives and 0.10% per deal for equity
delivery. A 3-in-1 account that combines a savings bank, trading, and a Demat account is
provided by HDFC Securities.
| Groww | HDFC Securities | |
| Establishment Year | 2016 | 2000 |
| Founder | Neeraj Singh | Dhiraj Relli |
| Exchange of Membership | NSE , BSE, SENSEX AND NIFTY | BSE & NSE. |
| Broker Type | Discount Broker | Full Service Broker |
| Branches | Not have any branches,it is a online trading platform,head office banglore India | 270 |
Groww vs HDFC Securities Charges
| Charges | Groww | HDFC Securities |
| Trade and Call Charge | Additional Rs 50 per order | Additional Rs 20 per executed order |
| Minimum Brokerage Charges | Rs 20 or 0.05 % per order( whichever is lower) | Rs. 25 Per Order on Equity Segment |
Groww vs HDFC Securities Offers
| Offers | Groww | HDFC Securities |
| Free AMC | ||
| Free Brokerage | , Limited | |
| Free Account Opening Charge | ||
| Flat Brokerage Charges | Yes ,but limited | |
| Flexible Brokerage Charges | ||
| Free Delivery Charges | ||
| Margin Funding and Pledging | ||
| Refferal Offers | Not Available | Rs. 200 Per Client |
| Zero brokerage for Loss Making Trade | icon name=”times” prefix=”fas”], | |
| Brokerage Cashback | ||
| Free Trading Calls | ||
| Free Research Report | ||
Groww vs HDFC Securities Product Provided
| Type | Groww | HDFC Securities |
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Option | ||
| Equity Future | ||
| Currency Option | ||
| Currency Future | ||
| Commodity Options | ||
| Commodity Future | ||
| Mutual Funds | ||
| Foreign stocks | ||
| Banking | ||
| Insurance | ||
| Digital Gold | ||
| Govt. Bonds | ||
| Corporate Bonds | ||
Groww vs HDFC Securities Advisory Services Provided
| Type | Groww | HDFC Securities |
| IPO Service | ||
| Weekly and Monthly Review | ||
| Daily Stock Picks and Stock Tips | ||
| PMS or PCG | ||
| Trading Institution | ||
| Demat and Trading Service | ||
| Intraday Service | ||
| Share Pledging | ||
| NRI Service | ||
| 3 In 1 Account | ||
| Company and Annual Report | ||
| Stock Recommendation and Research report | ||
Features Of Groww vs HDFC Securities
| Features | Groww | HDFC Securities |
| Chart | ||
| Automated Trading | ||
| 3 in 1 Account | ||
| Sms Alerts | ||
| Margin Against Shares (Equity Cash) | ||
| Margin Against Shares (Equity F&O) | ||
| Online Portfolio | ||
| Online Demo | ||
| Intraday Square-Off Time | 3:10 PM | 3:50 PM |
| Global Indices | ||
| Real Time Update | ||
| Stock Tips | ||
| Multi Profile Management | ||
| Interactive Charts | ||
| Customised Recommendation | ||
| Online MF Buy | ||
Groww vs HDFC Securities Demat And AMC Charges
Groww : trading account opening charges is Rs 0 . Groww Demat Account AMC Charges is Rs 0. The opening Charge for an HDFC Securities account requires Rs 999. The AMC charges Rs 750 for HDFC Securities Demat Accounts. Below the table shows Demat account charges of both the platform.
| Charges | Groww | HDFC Securities |
| Demat Account Opening Charges | Rs.0 (Free) | Rs 199 |
| Demat Account AMC Charges | Rs 0 (Free) | Rs. 750 |
| Trading Account Opening Charges | Rs. 0 (Free) | Rs. 900 |
| Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Groww vs HDFC Securities Brokerage Charges
Groww charges a fixed cost of ₹20 for equities trading, whereas HDFC Securities charges 0.32% for equity broking and 0.032% for intraday trading. Special Offer: Invest in Equity Delivery and Direct Mutual Funds without paying any broking fees. Intra-day and F&O trades are charged a flat rate of Rs 20.Below the table shows brokerage charges of both the platforms.
| Brokerage Charges | Groww | HDFC Securities |
| Brokerage Plan | Standard Plan | Starter Pack – Lite 199 |
| Equity Delivery | Rs.20 per Trade or 0.05%(whichever is low) | 0.32% of Transaction Value |
| Equity Intraday | Free | 0.032% of Transaction Value |
| Equity Option | Rs.20 per Trade | Rs. 20 per Trade |
| Equity Future | Rs.20 per Trade or 0.05% (whichever is low) | Rs.20 per Trade |
| Currency Option | NA | Rs.25 per Lot |
| Currency Future | NA | 0.025% of Transaction Value |
| Commodity Option | NA | Rs.20 per Lot |
| Commodity Future | NA | 0.025% of Transaction Value |
Groww vs HDFC Securities Leverage (Margin)
Groww offers up to 20% of the trade value (5x leverage) for intraday cash transactions, whereas One margin for intraday trading allows up to 20% of the trade value (5x leverage) depending on the stock, whereas HDFC Securities’ margin for intraday cash is likewise up to 20% of the trade value (5x leverage). Below the table shows leverage margin of both platform.
| Leverage | Groww | HDFC Securities |
| Equity Delivery | 100% of trade value of (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Currency, Equity, Commodity) | 100% of NRML margin (Span Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Groww vs HDFC Securities Pros And Cons
Pros:
| Groww | HDFC Securities |
| 1)No setup costs for accounts. No Upkeep Fees. 2)A direct mutual fund platform that increases your returns by 1.5%. 3)Free investing in mutual funds with no additional fees. 4)E-books, resources, and blogs that offer stock market information and fundamentals to assist investors in making well-informed decisions. 5)Instantaneous account opening without paper work and online application for an IPO. 6)Digital gold and US stocks may be invested in online using the in-house brokerage calculator. Additional goods (FD, derivatives) in the works. | 1)It offers the simplest method formaking stock market and otherfinancial instrument investments. 2) The greatest option available toIndian retail investors is the 3-in-1account, which consists of an HDFCBank Account, an HDFC SecuritiesTrading Account, and an HDFCSecurities Demat Account. |
Cons:
| Groww | HDFC Securities |
| 1)Restricted investment goods withoutthe ability to trade in the currency,commodities, or derivatives (futures &options) segments at this time. 2)Trade and No Call services alsoThere is no branch support providedand it doesn’t offer research reports,stock suggestions, orrecommendations. 3)Doesn’t provide SME share trading. 4)No facility for margin trading with Nomargin required against shares. 5)Not accessible are advanced ordertypes like BO, CO, AMO, and GTT. 6)Do not offer NRI Trading. 7)Branch support not available. | 1)Together with opening a tradingaccount with HDFC Securities Ltd,you will also need to open a DP(depository participant) account withHDFC Bank and a savings bankaccount with a minimum quarterlyamount of Rs 5000. 2) It Charges minimum brokerage ofRs 25 also very high brokeragecharges. |
Complaints Of Groww vs HDFC Securities
Groww received 180 complaints and resolved 162. whereas HDFC Securities received 130 complaints and resolved 105. This shows that HDFC Securities performs better in terms of customer service than Groww . as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.
| Complaints | Groww | HDFC Securities |
| Total Complaints Lodged | 180 | 130 |
| Total Complaints Resolved | 162 | 105 |
| % Of Total Complaints Resolved | 89.90% | 80.50% |
| Non Actionable Complaints | 9 | 8 |
| % Of Non Actionable Complaints | 5.0% | 6.30% |
Groww vs HDFC Securities Transactions Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
| Transaction Charges | Groww | HDFC Securities |
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (Each Side) | 0.00350% (NSE) & 0.00375% (BSE) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (Sell Side) | 0.00350% (NSE) & 0.00375% (BSE) |
| Equity Option | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (On Premium) | 0.053% (on premium) |
| Equity Future | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | 0.0019% (NSE & BSE). |
| Currency Option | NA | 0.035% (NSE) & 0.001% (BSE) |
| Currency Future | NA | 0.0009% (NSE) & 0.00022% (BSE) |
| Commodity Option | NA | 0.05% (Non Agri) |
| Commodity Future | NA | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
Review Comparison Of Groww vs HDFC Securities By Customer
Groww is rated 8 of 10 , whereas HDFC Securities is rated 7 of 10
| Rating | Groww | HDFC Securities |
| Brokerage | 9/10 | 8/10 |
| Customers Service | 7/10 | 6/10 |
| Fees | 8.5/10 | 6.5/10 |
| Trading Platform | 8/10 | 7/10 |
| Research | 7/10 | 5.510 |
| Broker Rating | 7.5/10 | 6/10 |
| Overall Rating | 8/10 | 7/10 |
Conclusion: Groww sophisticated choices and cheaper prices give it a minor advantage. In the end, Groww is
better for seasoned traders looking for extensive tools and reduced prices, whereas Groww is better for novices and mutual fund investors..HDFC Securities are India’s major broking houses, providing comprehensive trading and investment services. HDFC Securities provides affordable broking rates, a dynamic trading platform, and robust research help. HDFC Securities is a better option for cost-conscious traders looking for efficient services. Finally, the decision is based on personal objectives such as cost, service quality, and platform usability.
Customer Care Number/Email
Groww :- +91 9108800000
HDFC Securities : +91 2239019400
Client can contact this number for clearing your doubt.
Groww Support Email :- support@groww.in
Support Email HDFC Securities : infodp@hdfcbank.com
Client can contact on this email for clearing your doubt.
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