HDFC Securities Vs Tradeplus NRI Account Comparison

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.

1. Offers 3-in-1 NRI account for trading and investment.
2. A subsidiary of renowned HDFC Bank.
3. Offers online mutual fund facility through 'Digify'', a digital mutual fund platform.
4. Offers AMO and GTC order facility.
5. Research team offers trading and investment recommendations.
6. Assistance from Relationship Managers.
7. Offers loan facility against securities held in NRI demat account.

• Experience of 15+ years in providing NRI financial services.
• Offers a 4-in-1 trading account.
• ESOP Trading is allowed for NRIs.
• Margin trading and BTST (Buy Today and Sell Tomorrow) are offered for NRO Account.

1. Brokerage charges are very high in comparison to discount brokers like Zerodha.
2. Doesn't offer online trading to USA and Canada based NRIs.

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.

Tradeplus is an excellent choice for NRI traders who want to trade using their NRO accounts. For such investors, the broker provides special facilities like margin trading and BTST (Buy Today and Sell Tomorrow) under NRO accounts which is not available with any other stock broker. The discount broker offers a 4-in-1 account in collaboration with Yes, HDFC and Axis bank which makes trading more convenient. However, the charges for call & trade services are on a higher side.