COMPARE

Groww vs HDFC Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Groww vs HDFC Securities 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 Groww and HDFC Securities.

Background

Year of Incorporation 2017 2002
Website https://groww.in/ https://www.hdfcsec.com/
Phone +91 9108800604 022-39019400
Exchanges enabled NSE, BSE, MCX & NCDEX NSE & BSE
Demat (NSDL/CDSL) NSDL NSDL & CDSL
Brokerage

Equity Rs 20 or 0.05% per order 0.50% on transaction value
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 0 Rs. 23
Currency Options Rs 0 Rs. 20 per lot
Commodity Rs 0 Not Available
Account Opening Costs

Trading only Free Rs 999
Trading & Demat Rs. 0 Rs 750
Commodity Rs. 0 Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325% of Turnover
Futures 0.0035% 0.0019% of Turnover
Options 0.07% 0.051% of Turnover
Commodities 0.004% Not Available
AMC charge Rs 0 Rs 750 per year
DP Transaction Charge Rs.13.5 per company 0.04% or Rs 25/debit transaction - whichever is higher
Offline order placing Charge Rs 25 NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 5 Days
End of Day 10 days 5 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x Upto 20x for Intraday, Upto 2x for Delivery
Equity Futures 2x for intraday 5x for Intraday
Equity Options No leverage 5x for Intraday
Currency Futures 2x for intraday 4x for Intraday
Currency Options No leverage 5x for Intraday
Commodity 2x for intraday Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

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 70.6 crores Rs 54 Crores
Profit after Tax FY12/13 Rs 70.48 crores Rs 66 Crores
Profit after Tax FY13/14 Rs 73.78 Crore Rs 78.5 Crores
Profit after Tax FY 14/15 Rs 75.92 Crore Rs 120.56 Crores
Profit after Tax FY 15/16 Rs 82.85 Crore Rs 106.18 Crores
Profit after Tax FY 16/17 Rs 90.11 Crore Rs 153.16 Crores
Profit after Tax FY 17/18 Rs 106.09 Crore Rs 83.15 Crores
Profit after Tax FY 18/19 Rs 115.68 Crore Rs 92.13 Crores
Profit after Tax FY 19/20 Rs 120.61 Crore Rs 100.04 Crores
Profit after Tax FY 20/21 Rs 141.70 Crore Rs 106.68 Crores
Profit after Tax FY 21/22 Rs 244.93 Crore Rs 124.16 Crores
Profit after Tax FY 22/23 Rs 205.65 Crore Rs 117.28 Crores
Debt FY11/12 Rs 51 Crores Rs 148.04 Crores
Debt FY12/13 Rs 41.5 Crores Rs 152.77 Crores
Debt FY13/14 Rs 42.93 Crore Rs 138.41 Crores
Debt FY14/15 Rs 49.48 Crore Rs 159.90 Crores
Debt FY15/16 Rs 41.73 Crore Rs 200.45 Crores
Debt FY16/17 Rs 54.26 Crore Rs 212.47 Crores
Debt FY17/18 Rs 69.77 Crore Rs 214.55 Crores
Debt FY18/19 Rs 57.16 Crore Rs 210.35 Crores
Debt FY19/20 Rs 51.39 Crore Rs 197.85 Crores
Debt FY20/21 Rs 57.47 Crore Rs 128.15 Crores
Debt FY21/22 Rs 77.59 Crore Rs 187.34 Crores
Debt FY22/23 Rs 80.11 Crore Rs 176.41 Crores
Profit to Equity(%) FY11/12 62.90 21.12%
Profit to Equity(%) FY12/13 12.38 45.52%
Profit to Equity(%) FY13/14 14.86 29.91%
Profit to Equity(%) FY14/15 17.05 28.33%
Profit to Equity(%) FY15/16 14.29 47.61%
Profit to Equity(%) FY16/17 19.11 43.64%
Profit to Equity(%) FY17/18 21.51 34.30%
Profit to Equity(%) FY18/19 18.17 48.98%
Profit to Equity(%) FY19/20 14.49 45.37%
Profit to Equity(%) FY20/21 18.46 48.29%
Profit to Equity(%) FY21/22 14.70 53.71%
Profit to Equity(%) FY22/23 25.75 34.94%
Balance Sheet Size FY11/12 Rs 304 Crores Rs 1025.02 Crores
Balance Sheet Size FY12/13 Rs 296.15 Crores Rs 1342.34 Crores
Balance Sheet Size FY13/14 Rs 333.40 Crore Rs 1427.69 Crores
Balance Sheet Size FY14/15 Rs 306.36 Crore Rs 1434.50 Crores
Balance Sheet Size FY15/16 Rs 533.57 Crore Rs 1527.89 Crores
Balance Sheet Size FY16/17 Rs 544.52 Crore Rs 1744.09 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crore Rs 1842.42 Crores
Balance Sheet Size FY18/19 Rs 4280.32 Lakh Rs 1941.82 Crores
Balance Sheet Size FY19/20 Rs 4476 Lakh Rs 2134.50 Crores
Balance Sheet Size FY20/21 Rs 4627 Lakh Rs 2244.08 Crores
Balance Sheet Size FY21/22 Rs 6184.35 Lakh Rs 2448.13 Crores
Balance Sheet Size FY22/23 Rs 5994 Crores Rs 2654.67 Crores

Comparison Link:

Compare Groww Compare HDFC Securities
Groww Vs Lemonn HDFC Securities Vs Lemonn
Groww Vs Mandot Securities HDFC Securities Vs Mandot Securities
Groww Vs HDFC Sky HDFC Securities Vs HDFC Sky
Groww Vs Dhan HDFC Securities Vs Dhan
Groww Vs Goodwill Wealth HDFC Securities Vs Goodwill Wealth
Groww Vs Shoonya by Finvasia HDFC Securities Vs Shoonya by Finvasia
Groww Vs NJ Wealth HDFC Securities Vs NJ Wealth
Groww Vs Paytm Money HDFC Securities Vs Paytm Money
Groww Vs Goldmine Stocks HDFC Securities Vs Goldmine Stocks
Groww Vs Globe Capital HDFC Securities Vs Globe Capital
Groww Vs Finvasia HDFC Securities Vs Finvasia
Groww Vs Coimbatore Capital HDFC Securities Vs Coimbatore Capital
Groww Vs Cholamandalam Securities HDFC Securities Vs Cholamandalam Securities
Groww Vs Choice Equity Broking HDFC Securities Vs Choice Equity Broking
Groww Vs Canara Bank HDFC Securities Vs Canara Bank
Groww Vs Bonanza Portfolio HDFC Securities Vs Bonanza Portfolio
Groww Vs Bezel Stock Brokers HDFC Securities Vs Bezel Stock Brokers
Groww Vs Beeline Broking HDFC Securities Vs Beeline Broking
Groww Vs Bansal Finstock HDFC Securities Vs Bansal Finstock
Groww Vs Axis Direct HDFC Securities Vs Axis Direct
Groww Vs ASE Capital Markets HDFC Securities Vs ASE Capital Markets
Groww Vs Arihant Capital HDFC Securities Vs Arihant Capital
Groww Vs Alice Blue HDFC Securities Vs Alice Blue
Groww Vs 5Paisa HDFC Securities Vs 5Paisa
Groww Vs M.stock HDFC Securities Vs M.stock
Groww Vs WisdomCapital HDFC Securities Vs WisdomCapital
Groww Vs Way2wealth HDFC Securities Vs Way2wealth
Groww Vs Ventura Securities HDFC Securities Vs Ventura Securities
Groww Vs Navia Markets Ltd HDFC Securities Vs Navia Markets Ltd
Groww Vs Tradejini HDFC Securities Vs Tradejini
Groww Vs Tata Securities HDFC Securities Vs Tata Securities
Groww Vs Swastika Investmart HDFC Securities Vs Swastika Investmart
Groww Vs SMC Global HDFC Securities Vs SMC Global
Groww Vs SBICAP Securities HDFC Securities Vs SBICAP Securities
Groww Vs SASOnline HDFC Securities Vs SASOnline
Groww Vs Samco securities HDFC Securities Vs Samco securities
Groww Vs RK Global HDFC Securities Vs RK Global
Groww Vs Reliance Securities HDFC Securities Vs Reliance Securities
Groww Vs Nirmal Bang HDFC Securities Vs Nirmal Bang
Groww Vs Master Trust Capital HDFC Securities Vs Master Trust Capital
Groww Vs Kotak Securities HDFC Securities Vs Kotak Securities
Groww Vs Interactive Brokers HDFC Securities Vs Interactive Brokers
Groww Vs IIFL Securities HDFC Securities Vs IIFL Securities
Groww Vs Dhani HDFC Securities Vs Dhani
Groww Vs IDBI Capital HDFC Securities Vs IDBI Capital
Groww Vs Geojit HDFC Securities Vs Geojit
Groww Vs Fyers Securities HDFC Securities Vs Fyers Securities
Groww Vs Edelweiss Capital HDFC Securities Vs Edelweiss Capital
Groww Vs Easytradez HDFC Securities Vs Easytradez
Groww Vs Rupeezy HDFC Securities Vs Rupeezy
Groww Vs Anand Rathi HDFC Securities Vs Anand Rathi
Groww Vs Aditya Birla Money HDFC Securities Vs Aditya Birla Money
Groww Vs Achiievers HDFC Securities Vs Achiievers
Groww Vs A C Choksi HDFC Securities Vs A C Choksi
Groww Vs Angel Broking HDFC Securities Vs Angel Broking
Groww Vs Motilal Oswal HDFC Securities Vs Motilal Oswal
Groww Vs ICICI Direct HDFC Securities Vs ICICI Direct
Groww Vs Sharekhan HDFC Securities Vs Sharekhan
Groww Vs Tradesmart Online HDFC Securities Vs Tradesmart Online
Groww Vs Upstox HDFC Securities Vs Upstox
Groww Vs Zerodha HDFC Securities Vs Zerodha

Frequently Asked Questions

Is Groww better than HDFC Securities ?

Groww and HDFC Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is HDFC Securities better than Groww ?

Groww and HDFC Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww cheaper than HDFC Securities ?

Groww and HDFC Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is HDFC Securities cheaper than Groww ?

Groww and HDFC Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Groww vs. HDFC Securities ?

To find out the better of the two stockbrokers Groww and HDFC Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.