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HDFC Securities Vs Zerodha NRI Account Comparison

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.

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HDFC Securities Vs Zerodha

  HDFC Securities Zerodha
 
  HDFC Securities Ltd Logo Zerodha 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 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... Know more about Zerodha
Account Type NRI Account NRI Account
Enquire HDFC SecuritiesOpen Zerodha Account

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HDFC Securities Vs Zerodha Charges

  HDFC Securities Zerodha
NRI Account Opening Fees ₹2500 ₹500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 750 Rs 300
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire HDFC SecuritiesOpen Zerodha Account

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HDFC Securities Vs Zerodha NRI Account Brokerage Comparison

Account Type HDFC Securities NRI Account Zerodha 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
Enquire HDFC SecuritiesOpen Zerodha Account

Other Charges

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%
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HDFC Securities Vs Zerodha NRI Account Taxes/Fees

  HDFC Securities Zerodha
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 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.


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HDFC Securities and Zerodha NRI Account Features

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

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HDFC Securities Vs Zerodha NRI Account Review

  HDFC Securities Review Zerodha Review
  215 Customer Reviews    Rate HDFC Securities 452 Customer Reviews    Rate Zerodha
Fees 2.1 3.7
Brokerage 1.8 4.3
Trading Platform 2.9 3.6
Customer Service 2.5 3.4
Overall Rating Rated 2.2 stars Rated 3.7 stars
Broker Rating HDFC Securities is Rated 2.2 / 5 based on 215 customer reviews Zerodha is Rated 3.7 / 5 based on 452 customer reviews
Enquire HDFC SecuritiesOpen Zerodha Account

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Zerodha Enquire
Contact Broker Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.
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.
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HDFC Securities Vs Zerodha NRI Investment Options

  HDFC Securities Zerodha
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Other Investment Options Bonds, Equity F&O, ETFs

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HDFC Securities Vs Zerodha NRI Customer Service

  HDFC Securities Zerodha
Customer Care Number +91 2267 6061 61 +91 80 4718 1888
Customer Care Email nridesk@zerodha.com
Enquire HDFC SecuritiesOpen Zerodha Account

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HDFC Securities Vs Zerodha Order Type Offered for NRI Account

  HDFC Securities Zerodha
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 Zerodha - NRI Account Advantages and Disadvantages

  HDFC Securities Zerodha
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. Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
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. 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.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. 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

HDFC 3-in-1 Account

HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account.

Interested in opening a trading account? Request Callback from a stock broker.

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Enquire HDFC SecuritiesOpen Zerodha Account

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