Find a Comparison of HDFC Securities vs Groww here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of HDFC Securities and Groww.
| Year of Incorporation | 2002 | 2017 |
| Website | https://www.hdfcsec.com/ | https://groww.in/ |
| Phone | 022-39019400 | +91 9108800604 |
| Exchanges enabled | NSE & BSE | NSE, BSE, MCX & NCDEX |
| Demat (NSDL/CDSL) | NSDL & CDSL | NSDL |
| Equity | 0.50% on transaction value | Rs 20 or 0.05% per order |
| Equity Futures | Rs 20 per executed order | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs. 23 | Not Available |
| Currency Options | Rs. 20 per lot | Not Available |
| Commodity | Not Available | Not Available |
| Trading only | Rs 999 | Free |
| Trading & Demat | Rs 750 | Rs. 0 |
| Commodity | Not Available | Rs. 0 |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% of Turnover | 0.00325% |
| Futures | 0.0019% of Turnover | 0.0035% |
| Options | 0.051% of Turnover | 0.07% |
| Commodities | Not Available | 0.004% |
| AMC charge | Rs 750 per year | Rs 0 |
| DP Transaction Charge | 0.04% or Rs 25/debit transaction - whichever is higher | Rs.13.5 per Scrip |
| Offline order placing Charge | NIL | Rs 25 |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 5 Days | 22 days |
| End of Day | 5 years | 10 days |
| Coding/Backtesting |  |
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| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | Upto 20x for Intraday, Upto 2x for Delivery | 1x on Delivery & upto 5x on Intraday |
| Equity Futures | 5x for Intraday | Upto 2x for intraday |
| Equity Options | 5x for Intraday | No leverage |
| Currency Futures | 4x for Intraday | Upto 2x for intraday |
| Currency Options | 5x for Intraday | No leverage |
| Commodity | Not Available | Upto 2x for intraday |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.
| Profit after Tax FY11/12 | Rs 54 Crores | Rs 70.6 crores |
| Profit after Tax FY12/13 | Rs 66 Crores | Rs 78.48 crores |
| Profit after Tax FY13/14 | Rs 78.5 Crores | Rs 83.78 Crore |
| Profit after Tax FY 14/15 | Rs 120.56 Crores | Rs 95.92 Crore |
| Profit after Tax FY 15/16 | Rs 106.18 Crores | Rs 102.85 Crore |
| Profit after Tax FY 16/17 | Rs 153.16 Crores | Rs 110.14 Crore |
| Profit after Tax FY 17/18 | Rs 83.15 Crores | Rs 126.09 Crore |
| Profit after Tax FY 18/19 | Rs 92.13 Crores | Rs 145.68 Crore |
| Profit after Tax FY 19/20 | Rs 100.04 Crores | Rs 120.61 Crore |
| Profit after Tax FY 20/21 | Rs 106.68 Crores | Rs 141.70 Crore |
| Profit after Tax FY 21/22 | Rs 124.16 Crores | Rs 244.93 Crore |
| Profit after Tax FY 22/23 | Rs 117.28 Crores | Rs 205.65 Crore |
| Debt FY11/12 | Rs 148.04 Crores | Rs 101 Crores |
| Debt FY12/13 | Rs 152.77 Crores | Rs 161.5 Crores |
| Debt FY13/14 | Rs 138.41 Crores | Rs 282.93 Crores |
| Debt FY14/15 | Rs 159.90 Crores | Rs 249.48 Crores |
| Debt FY15/16 | Rs 200.45 Crores | Rs 241.73 Crores |
| Debt FY16/17 | Rs 212.47 Crores | Rs 314.26 Crores |
| Debt FY17/18 | Rs 214.55 Crores | Rs 369.77 Crores |
| Debt FY18/19 | Rs 210.35 Crores | Rs 397.16 Crores |
| Debt FY19/20 | Rs 197.85 Crores | Rs 451.39 Crores |
| Debt FY20/21 | Rs 208.15 Crores | Rs 537.47 Crores |
| Debt FY21/22 | Rs 257.34 Crores | Rs 577.59 Crores |
| Debt FY22/23 | Rs 226.41 Crores | Rs 580.11 Crores |
| Profit to Equity(%) FY11/12 | 11.12% | 12.90% |
| Profit to Equity(%) FY12/13 | 15.52% | 12.38% |
| Profit to Equity(%) FY13/14 | 19.91% | 14.86% |
| Profit to Equity(%) FY14/15 | 28.33% | 17.05% |
| Profit to Equity(%) FY15/16 | 17.61% | 14.29% |
| Profit to Equity(%) FY16/17 | 13.64% | 19.11% |
| Profit to Equity(%) FY17/18 | 14.30% | 21.51% |
| Profit to Equity(%) FY18/19 | 18.98% | 18.17% |
| Profit to Equity(%) FY19/20 | 15.37% | 18.49% |
| Profit to Equity(%) FY20/21 | 18.29% | 28.58% |
| Profit to Equity(%) FY21/22 | 13.71% | 32.31% |
| Profit to Equity(%) FY22/23 | 14.94% | 22.24% |
| Balance Sheet Size FY11/12 | Rs 1025.02 Crores | Rs 2264 Crores |
| Balance Sheet Size FY12/13 | Rs 1342.34 Crores | Rs 2596.15 Crores |
| Balance Sheet Size FY13/14 | Rs 1427.69 Crores | Rs 2803.40 Crores |
| Balance Sheet Size FY14/15 | Rs 1434.50 Crores | Rs 2936.36 Crores |
| Balance Sheet Size FY15/16 | Rs 1527.89 Crores | Rs 3133.57 Crores |
| Balance Sheet Size FY16/17 | Rs 1744.09 Crores | Rs 3544.52 Crores |
| Balance Sheet Size FY17/18 | Rs 1842.42 Crores | Rs 3952.01 Crores |
| Balance Sheet Size FY18/19 | Rs 1941.82 Crores | Rs 4280.32 Crores |
| Balance Sheet Size FY19/20 | Rs 2134.50 Crores | Rs 4476 Crores |
| Balance Sheet Size FY20/21 | Rs 2244.08 Crores | Rs 4627 Crores |
| Balance Sheet Size FY21/22 | Rs 2448.13 Crores | Rs 5184.35 Crores |
| Balance Sheet Size FY22/23 | Rs 2654.67 Crores | Rs 5994.78 Crores |
HDFC Securities Securities and Groww are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both HDFC Securities Securities and Groww provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers HDFC Securities and Groww for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both HDFC Securities and Groww are SEBI-registered brokers with good reputations. HDFC Securities is known for its trading platforms, while Groww is praised for cost-effective pricing.
Yes, both HDFC Securities and Groww offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
