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

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.

Background

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
Brokerage

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
Account Opening Costs

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

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
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

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
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 54 Crores Rs 70.6 crores
Profit after Tax FY12/13 Rs 66 Crores Rs 70.48 crores
Profit after Tax FY13/14 Rs 78.5 Crores Rs 73.78 Crore
Profit after Tax FY 14/15 Rs 120.56 Crores Rs 75.92 Crore
Profit after Tax FY 15/16 Rs 106.18 Crores Rs 82.85 Crore
Profit after Tax FY 16/17 Rs 153.16 Crores Rs 90.11 Crore
Profit after Tax FY 17/18 Rs 83.15 Crores Rs 106.09 Crore
Profit after Tax FY 18/19 Rs 92.13 Crores Rs 115.68 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 51 Crores
Debt FY12/13 Rs 152.77 Crores Rs 41.5 Crores
Debt FY13/14 Rs 138.41 Crores Rs 42.93 Crores
Debt FY14/15 Rs 159.90 Crores Rs 49.48 Crores
Debt FY15/16 Rs 200.45 Crores Rs 41.73 Crores
Debt FY16/17 Rs 212.47 Crores Rs 54.26 Crores
Debt FY17/18 Rs 214.55 Crores Rs 69.77 Crores
Debt FY18/19 Rs 210.35 Crores Rs 57.16 Crores
Debt FY19/20 Rs 197.85 Crores Rs 51.39 Crores
Debt FY20/21 Rs 128.15 Crores Rs 57.47 Crores
Debt FY21/22 Rs 187.34 Crores Rs 77.59 Crores
Debt FY22/23 Rs 176.41 Crores Rs 80.11 Crores
Profit to Equity(%) FY11/12 21.12% 12.90%
Profit to Equity(%) FY12/13 45.52% 12.38%
Profit to Equity(%) FY13/14 29.91% 14.86%
Profit to Equity(%) FY14/15 28.33% 17.05%
Profit to Equity(%) FY15/16 47.61% 14.29%
Profit to Equity(%) FY16/17 43.64% 19.11%
Profit to Equity(%) FY17/18 34.30% 21.51%
Profit to Equity(%) FY18/19 48.98% 18.17%
Profit to Equity(%) FY19/20 45.37% 14.49%
Profit to Equity(%) FY20/21 48.29% 18.46%
Profit to Equity(%) FY21/22 53.71% 14.70%
Profit to Equity(%) FY22/23 34.94% 25.75%
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

Comparison Link:

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Frequently Asked Questions

Is HDFC Securities better than Groww ?

HDFC Securities and Groww 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 better than HDFC Securities ?

HDFC Securities and Groww 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 cheaper than Groww ?

HDFC Securities and Groww 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 Groww cheaper than HDFC Securities ?

HDFC Securities and Groww 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 HDFC Securities vs. Groww ?

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