HDFC Securities: account opening process online, fees, forms

The process of opening a demat and trading account with HDFC securities is relatively straightforward. Users can head to the website, fill in the details of opening the account, submit the documents and wait for their account to get activated. It's that simple.

HDFC securities provide a unique 3-in-1 account where your demat, trading and savings accounts are integrated into one account. Moreover, all the trading activities can be executed through its trading tools through its online platform. However, the account opening procedure is simple and provided in detail below.

Opening a Demat and Trading Account with HDFC securities

1. Head to the stockbroker's official website.
2. Once it loads, then click on the open demat account. You can choose a 3-in-1 account as well, which is free of cost to open.
3. Choosing the type of account, you require, fill in the details prompted. Felids such as name, number, email address, city and more will be asked for creating an account on the site.
4. Once successfully created, then another application will have to be filled. It's for the demat and trading account. Fill in all the details asked and verify all the information entered.
5. Once entered, then you will have to give the prompted documents. The soft copy of a passport size photograph, address proof could be Aadhar card or passport, PAN card copy and driver’s license would be asked to be uploaded.
6. After uploading them, you will have to confirm that you are uploading the right documents.
7. Once everything is done, and the in-person verification process will be carried out. It will be through a video session, and an e-signature will be required.
8. After all the processes are completed, your demat account should be created within 5 minutes while taking 15 minutes for your trading account.
9. There are no requirements for any physical documents, and the above-given steps are for opening both demat and trading account.

HDFC Securities Account Review

HDFC securities is a unique stockbroker that provides 3-in-1 accounts making trading quite a breeze. But it doesn't allow traders and investors to trade in the commodity segments and has a higher brokerage fee which might be a setback for many. Other than this, it's a great stockbroker providing regular features for trading and investing ventures.