HDFC Securities Vs IIFL Securities NRI Account Comparison
The side-by-side comparison of HDFC Securities and IIFL Securities NRI Account. Compare HDFC Securities Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and HDFC Securities NRI Account reviews.
Find out HDFC Securities Vs IIFL Securities which is better NRI Trading Account. See HDFC Securities Vs IIFL Securities which is best NRI Demat Account.
Our HDFC Securities Ltd comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between HDFC Securities and IIFL Securities NRI Account.
HDFC, a leading private bank in India, offers online trading and investment services in India Stock Market to NRIs located across the globe. HDFC NRI 3-in-1 Account offers a seamless trading experience to NRIs. It offers an integrated NRI trading acc...
IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua...
Account Type
NRI Account
NRI Account
Special Offer
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
0.01% on delivery based turnover and 0.002% on non-delivery based turnover.
0.01% on delivery based turnover and 0.002% on non-delivery based turnover.
HDFC Securities Vs IIFL Securities NRI Account Margin
HDFC Securities Margin
IIFL Securities Margin
Equity Delivery
1x
1x
Equity Futures
1x
1x
Equity Options
1x
1x
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.
HDFC Securities and IIFL Securities NRI Account Features
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
HDFC Securities Vs IIFL Securities NRI Investment Options
HDFC Securities
IIFL Securities
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Bonds, Equity F&O, ETFs
HDFC Securities Vs IIFL Securities NRI Customer Service
HDFC Securities Vs IIFL Securities Order Type Offered for NRI Account
HDFC Securities
IIFL Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
HDFC Securities Vs IIFL Securities - NRI Account Advantages and Disadvantages
HDFC Securities
IIFL Securities
Pros
Offers 3-in-1 NRI account for trading and investment.
A subsidiary of renowned HDFC Bank.
Offers online mutual fund facility through 'Digify'', a digital mutual fund platform.
Offers AMO and GTC order facility.
Research team offers trading and investment recommendations.
Assistance from Relationship Managers.
Offers loan facility against securities held in NRI demat account.
Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
Online account opening process for NRIs.
Convenient Mutual Fund investment through a mobile app or website.
Part of IIFL Group, a financial services conglomerate.
Cons
Brokerage charges are very high in comparison to discount brokers like Zerodha.
Doesn't offer online trading to USA and Canada based NRIs.
Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
Conclusion
HDFC is a good choice for NRIs to trade and invest in stocks, mutual funds and other investment products in India. Barring NRIs from the USA and Canada, it offers a convenient way to invest online. HDFC is a full-service broker offering services like RM, NRI support desk, free research, and tips, etc., to help NRIs take informed trading decisions. It also offers loan against securities held in the demat accounts. The GTC and AMO order helps NRIs in placing orders as per their convenience.
IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds