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HDFC Securities Vs Finvasia NRI Account Comparison

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

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

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

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HDFC Securities Vs Finvasia

  HDFC Securities Finvasia
 
  HDFC Securities Ltd Logo Finvasia Securities Pvt Ltd 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 Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE. Finvasia is the only broker ... Know more about Finvasia Securities Pvt Ltd
Account Type NRI Account NRI Account
Special Offer

Zerodha (Trade with the best stock broker)

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.

Zerodha (Trade with the best stock broker)

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.


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HDFC Securities Vs Finvasia Charges

  HDFC Securities Finvasia
NRI Account Opening Fees ₹2500 ₹199
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 750 Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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HDFC Securities Vs Finvasia NRI Account Brokerage Comparison

Account Type HDFC Securities NRI Account Finvasia NRI Account
Equity Delivery 0.75% ₹0
Equity Futures 0.025% (Both Buy & Sell) ₹0
Equity Options ₹100 per lot ₹0

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Minimum Brokerage: ₹25, PIS AMC: ₹1000 ₹0
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%
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HDFC Securities Vs Finvasia NRI Account Taxes/Fees

  HDFC Securities Finvasia
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.

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HDFC Securities Vs Finvasia NRI Account Margin

  HDFC Securities Margin Finvasia 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.


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HDFC Securities and Finvasia NRI Account Features

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

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HDFC Securities Vs Finvasia NRI Account Review

  HDFC Securities Review Finvasia Review
  220 Customer Reviews    Rate HDFC Securities 50 Customer Reviews    Rate Finvasia
Fees 2.1 4.8
Brokerage 1.8 4.9
Trading Platform 2.9 3.6
Customer Service 2.5 4.3
Overall Rating Rated 2.1 stars Rated 4.5 stars
Broker Rating HDFC Securities is Rated 2.1 / 5 based on 220 customer reviews Finvasia is Rated 4.5 / 5 based on 50 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Finvasia Enquire
Contact Broker 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. 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.
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HDFC Securities Vs Finvasia NRI Investment Options

  HDFC Securities Finvasia
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options Bonds, Equity F&O, ETFs

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HDFC Securities Vs Finvasia NRI Customer Service

  HDFC Securities Finvasia
Customer Care Number +91 2267 6061 61 +91 172 667 0000
Customer Care Email contactus@finvasia.com

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HDFC Securities Vs Finvasia Order Type Offered for NRI Account

  HDFC Securities Finvasia
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No

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HDFC Securities Vs Finvasia - NRI Account Advantages and Disadvantages

  HDFC Securities Finvasia
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.
  • Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
  • Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
  • NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
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.
  • Finvasia charges technology costs to provide access to some of the trading platforms.
  • It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
  • Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
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.

Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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