HDFC Securities
HDFC Securities Brokerage is too high

Hello All,

Before opening the trading account or do the trading in HDFC Securities, confirm the brokerage percentage.

Generally they tell you 0.05% means 5Paisa per Hundered rupees or Rs. 25 Whichever is higher.

How it works please see below.

Until each transaction doesn't meet the value of Rs 50000/- you will be charged for Rs. 25.

If your transaction worth Rs.10000.00 the brokerage is Rs. 25/- it doesn't equal 0.05%. If you do such kind of transaction for 10 times you will be paying more for you brokerage whatever the profit/loss you are going to get.

Regards,

Ashok