[Resolved]  HDFC Bank 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
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Aug 14, 2020
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from 11/01/2010 my sms service (trading in equlity)will be stop without any intimation. it validty upto march-2010.
Hi
same problem with me, today i buy Arabinda pharma Rs. 163 and Sell 170 total profit in just 4 share : Rs. 28 (7rs profit per share) but brokerage charge i will pay : 33.29

SAME DAY BYE AND SELL (Intranet)
I am not able to login to my HDFC security account and the customer care is telling me that they dont know when their system will be up. How can i trade now? I m frequent traveller so I cant call their center frequently to trade thats why i opened an online account. Dont know what the hell they are doing.
Hi, I buuied 5 shares of KFA at Rs. 9.5 .So, for Rs. 47.5 transaction, they are charging Rs. 1.4 as brokerage.
Again, when i will bw selling the stocks, they will charge 2.9% brokerage.
So, overall brokerage will be 6.1% of total transection, including Buy and Sell.
How can we trade on this high amount of Brokerage ?

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