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.
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...
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...
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.
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
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%
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)
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.
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.
HDFC Securities and Religare NRI Account Features
HDFC Securities
Religare
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
HDFC Securities Vs Religare NRI Account Review
HDFC Securities Review
Religare Review
220 Customer Reviews
77 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
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
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
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Bonds, Equity F&O, ETFs
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
HDFC Securities Vs Religare Order Type Offered for NRI Account
HDFC Securities
Religare
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
HDFC Securities Vs Religare - NRI Account Advantages and Disadvantages
HDFC Securities
Religare
Pros
Offers 3-in-1 NRI account for trading and investment.
A subsidiary of renowned HDFC Bank.
Offers online mutual fund facility through 'Digify'', a digital mutual fund platform.
Offers AMO and GTC order facility.
Research team offers trading and investment recommendations.
Assistance from Relationship Managers.
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
Brokerage charges are very high in comparison to discount brokers like Zerodha.
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