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HDFC Securities Vs Kotak Securities NRI Account Comparison

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

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

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

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HDFC Securities Vs Kotak Securities

  HDFC Securities Kotak Securities
 
  HDFC Securities Ltd Logo Kotak Securities 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 Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities 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 Kotak Securities Charges

  HDFC Securities Kotak Securities
NRI Account Opening Fees ₹2500 ₹3750
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 750 Rs 600
PIS Account AMC ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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HDFC Securities Vs Kotak Securities NRI Account Brokerage Comparison

Account Type HDFC Securities NRI Account Kotak Securities NRI Account
Equity Delivery 0.75% 1.00%
Equity Futures 0.025% (Both Buy & Sell) 1.00%
Equity Options ₹100 per lot 1.00%

Other Charges

Contract Note Reporting Charges ₹0
Other Brokerage Charges Minimum Brokerage: ₹25, PIS AMC: ₹1000 Average Quarterly Balance: ₹10000
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 Kotak Securities NRI Account Taxes/Fees

  HDFC Securities Kotak Securities
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 Kotak Securities NRI Account Margin

  HDFC Securities Margin Kotak 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.


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HDFC Securities and Kotak Securities NRI Account Features

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

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HDFC Securities Vs Kotak Securities NRI Account Review

  HDFC Securities Review Kotak Securities Review
  220 Customer Reviews    Rate HDFC Securities 180 Customer Reviews    Rate Kotak Securities
Fees 2.1 2.4
Brokerage 1.8 2.3
Trading Platform 2.9 3.2
Customer Service 2.5 2.8
Overall Rating Rated 2.1 stars Rated 2.4 stars
Broker Rating HDFC Securities is Rated 2.1 / 5 based on 220 customer reviews Kotak Securities is Rated 2.4 / 5 based on 180 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Kotak Securities 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 Kotak Securities NRI Investment Options

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

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HDFC Securities Vs Kotak Securities NRI Customer Service

  HDFC Securities Kotak Securities
Customer Care Number +91 2267 6061 61 022 6689 6000, 022 6652 9191
Customer Care Email nricustomerservice@kotak.com

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HDFC Securities Vs Kotak Securities Order Type Offered for NRI Account

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

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HDFC Securities Vs Kotak Securities - NRI Account Advantages and Disadvantages

  HDFC Securities Kotak Securities
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 integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
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 brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

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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