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 Securities | Zerodha | |
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Account Type | NRI Account | NRI Account |
Equity Delivery | 0.75% | 0.1% or max ₹200 per trade |
Equity Futures | 0.025% (Both Buy & Sell) | ₹100 per trade |
Equity Options | ₹100 per lot | ₹100 per trade |
Contract Note Reporting Charges | NA | |
Other Brokerage Charges | Minimum Brokerage: ₹25, PIS AMC: ₹1000 | Demat Account AMC: ₹300 yearly |
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 | Zerodha | |
---|---|---|
Securities Transaction Tax (STT) |
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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. |
HDFC Securities | Zerodha | |
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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 | Zerodha | |
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Contact Broker |
HDFC Securities | Zerodha | |
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Pros |
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Cons |
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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. |
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