Chittorgarh.com Logo
Loading...

HDFC Securities Vs Religare NRI Account Comparison

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

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

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

Expand

HDFC Securities Vs Religare

  HDFC Securities Religare
 
  HDFC Securities Ltd Logo Religare 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 Religare Broking offers trading and investment services to NRIs. It offers NRI Trading and NRI Demat Accounts. This 2-in-1 account provides NRIs with access to BSE & NSE to trade across Equities, Equity Derivatives, IPOs, and Mutual Funds. Religareo... Know more about Religare
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.


Expand

HDFC Securities Vs Religare Charges

  HDFC Securities Religare
NRI Account Opening Fees ₹2500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Nil
NRI Demat Account AMC Rs 750 Rs 400 from second year onward
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

Expand

HDFC Securities Vs Religare NRI Account Brokerage Comparison

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

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Minimum Brokerage: ₹25, PIS AMC: ₹1000 ODIN Diet: ₹999 per year
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 Religare NRI Account Taxes/Fees

  HDFC Securities Religare
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 Religare NRI Account Margin

  HDFC Securities Margin Religare 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 Religare NRI Account Features

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

Expand

HDFC Securities Vs Religare NRI Account Review

  HDFC Securities Review Religare Review
  220 Customer Reviews    Rate HDFC Securities 77 Customer Reviews    Rate Religare
Fees 2.1 3.2
Brokerage 1.8 3.1
Trading Platform 2.9 3.0
Customer Service 2.5 2.9
Overall Rating Rated 2.1 stars Rated 2.9 stars
Broker Rating HDFC Securities is Rated 2.1 / 5 based on 220 customer reviews Religare is Rated 2.9 / 5 based on 77 customer reviews

Expand

Contact Broker / Request A Call Back

  HDFC Securities Enquire Religare 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.
*

HDFC Securities Vs Religare NRI Investment Options

  HDFC Securities Religare
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 Religare NRI Customer Service

  HDFC Securities Religare
Customer Care Number +91 2267 6061 61 0120 6130300
Customer Care Email wecare@religareonline.com

Expand

HDFC Securities Vs Religare Order Type Offered for NRI Account

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

Expand

HDFC Securities Vs Religare - NRI Account Advantages and Disadvantages

  HDFC Securities Religare
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.
  • Dedicated NRI Invest team and relationship managers to all NRIs.
  • Free research, recommendation and trading tips to NRIs.
  • NRIs can hedge the portfolio risk using futures and options trading facility.
  • Offers Mutual Fund services to NRIs
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.
  • Brokerage charges are higher in comparison to discount brokers like Zerodha, Tradejini , and Prostocks.
  • Religare doesn't offer automated trading to the investors.
  • Doesn't offer 3-in-1 accounts which means more paperwork for NRIs in opening bank accounts & PIS separately. Also, funds need to be transferred to the PIS enabled bank account before trading.
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.

Religare Broking Ltd is a good choice for NRIs who wants trading assistance as well as access to research reports to gain market insights. It has a dedicated research team that publishes incisive research reports to keep you updated on the latest trends in the economy and markets. It also offers good trading platforms with useful features like multiple stock tracking, instant order execution, and real-time streaming of quotes.

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

Comments

Add a public comment...

Compare More Brokers: