Chittorgarh.com Logo
Loading...

HDFC Securities Vs AxisDirect NRI Account Comparison

The side-by-side comparison of HDFC Securities and AxisDirect NRI Account. Compare HDFC Securities Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and HDFC Securities NRI Account reviews.

Find out HDFC Securities Vs AxisDirect which is better NRI Trading Account. See HDFC Securities Vs AxisDirect which is best NRI Demat Account.

Our HDFC Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between HDFC Securities and AxisDirect NRI Account.

Expand

HDFC Securities Vs AxisDirect

  HDFC Securities AxisDirect
 
  HDFC Securities Ltd Logo Axis Securities Logo
About the Broker 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... Know more about HDFC Securities Ltd Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NRI Account NRI Account
Enquire HDFC SecuritiesEnquire AxisDirect

Expand

HDFC Securities Vs AxisDirect Charges

  HDFC Securities AxisDirect
NRI Account Opening Fees ₹2500 ₹2500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 750 Rs 650
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire HDFC SecuritiesEnquire AxisDirect

Expand

HDFC Securities Vs AxisDirect NRI Account Brokerage Comparison

Account Type HDFC Securities NRI Account AxisDirect NRI Account
Equity Delivery 0.75% 0.75%
Equity Futures 0.025% (Both Buy & Sell) 0.05%
Equity Options ₹100 per lot Intraday: 1p per lot, Carry Forward: ₹10 per lot
Enquire HDFC SecuritiesEnquire AxisDirect

Other Charges

Contract Note Reporting Charges
Other Brokerage Charges Minimum Brokerage: ₹25, PIS AMC: ₹1000 PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
Expand

HDFC Securities Vs AxisDirect NRI Account Taxes/Fees

  HDFC Securities AxisDirect
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 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.

Expand

HDFC Securities Vs AxisDirect NRI Account Margin

  HDFC Securities Margin AxisDirect 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.


Expand

HDFC Securities and AxisDirect NRI Account Features

  HDFC Securities AxisDirect
3-in-1 Account Yes Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Enquire HDFC SecuritiesEnquire AxisDirect

Expand

HDFC Securities Vs AxisDirect NRI Account Review

  HDFC Securities Review AxisDirect Review
  215 Customer Reviews    Rate HDFC Securities 79 Customer Reviews    Rate AxisDirect
Fees 2.1 2.0
Brokerage 1.8 1.8
Trading Platform 2.9 2.6
Customer Service 2.5 2.2
Overall Rating Rated 2.2 stars Rated 2.1 stars
Broker Rating HDFC Securities is Rated 2.2 / 5 based on 215 customer reviews AxisDirect is Rated 2.1 / 5 based on 79 customer reviews
Enquire HDFC SecuritiesEnquire AxisDirect

Expand

Contact Broker / Request A Call Back

  HDFC Securities Enquire AxisDirect Enquire
Contact Broker Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.
Leave your contact information and we will get in touch with you....
*

HDFC Securities Vs AxisDirect NRI Investment Options

  HDFC Securities AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Bonds, Equity F&O, ETFs

Expand

HDFC Securities Vs AxisDirect NRI Customer Service

  HDFC Securities AxisDirect
Customer Care Number +91 2267 6061 61 +91 22 4257 0809
Customer Care Email
Enquire HDFC SecuritiesEnquire AxisDirect

Expand

HDFC Securities Vs AxisDirect Order Type Offered for NRI Account

  HDFC Securities AxisDirect
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes

Expand

HDFC Securities Vs AxisDirect - NRI Account Advantages and Disadvantages

  HDFC Securities AxisDirect
Pros
  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.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  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.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
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.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

HDFC 3-in-1 Account

HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account.

Interested in opening a trading account? Request Callback from a stock broker.

Enquire HDFC SecuritiesEnquire AxisDirect

Comments

Add a public comment...

Compare HDFC Securities Compare AxisDirect
Compare More Brokers: