The side-by-side comparison of HDFC Securities and Zerodha NRI Account. Compare HDFC Securities Vs Zerodha NRI Account brokerage charges, exposure margin, demat account and AMC. Read Zerodha and HDFC Securities NRI Account reviews.
Find out HDFC Securities Vs Zerodha which is better NRI Trading Account. See HDFC Securities Vs Zerodha which is best NRI Demat Account.
Our HDFC Securities Ltd comparison with Zerodha highlights the major differences between two brokers. Find the best between HDFC Securities and Zerodha 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...
Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account...
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.
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 online with Zerodha and start trading today.
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 Zerodha NRI Account Margin
HDFC Securities Margin
Zerodha 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.
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 online with Zerodha and start trading today.
HDFC Securities Vs Zerodha Order Type Offered for NRI Account
HDFC Securities
Zerodha
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
HDFC Securities Vs Zerodha - NRI Account Advantages and Disadvantages
HDFC Securities
Zerodha
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.
Discount stock broker offer trading at a low brokerage charges. Zerodha charges Rs 200 per trade (PIS Account) and Rs 100 per trade (Non-PIS account) whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for Rs 1 lakh, you pay Rs 750 with a full-service stock broker whereas Zerodha will charge you Rs 200.
India's largest stock broker in terms of active customers.
Offers access to best-in-industry trading software and tools.
Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
Cons
Brokerage charges are very high in comparison to discount brokers like Zerodha.
Doesn't offer online trading to USA and Canada based NRIs.
Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
Doesn't offer Mutual Funds to NRI customers.
Doesn't provide research reports or analysis.
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.
Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds
Open Zerodha Account
