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Motilal Oswal Vs HDFC Securities NRI Account Comparison

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

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

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

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Motilal Oswal Vs HDFC Securities

  Motilal Oswal HDFC Securities
 
  Motilal Oswal Securities Ltd Logo HDFC Securities Ltd Logo
About the Broker Motilal Oswal Financial Services Ltd (MOFSL) is a diversified financial service firm offering trading and investment services to NRIs. The company offers online trading services through a 2-in-1 account in Equity and Equity Derivatives to Non-Residen... Know more about Motilal Oswal Securities Ltd 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
Account Type NRI Investment Account NRI Account
Enquire Motilal OswalEnquire HDFC Securities

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Motilal Oswal Vs HDFC Securities Charges

  Motilal Oswal HDFC Securities
NRI Account Opening Fees ₹2500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Free (Rs 400 2nd year onward) Rs 750
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Motilal Oswal Vs HDFC Securities NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account HDFC Securities NRI Account
Equity Delivery 0.50% 0.75%
Equity Futures 0.025% (Both Buy & Sell)
Equity Options ₹100 per lot
Enquire Motilal OswalEnquire HDFC Securities

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Minimum Brokerage: ₹25, PIS AMC: ₹1000
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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Motilal Oswal Vs HDFC Securities NRI Account Taxes/Fees

  Motilal Oswal HDFC Securities
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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Motilal Oswal Vs HDFC Securities NRI Account Margin

  Motilal Oswal Margin HDFC Securities 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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Motilal Oswal and HDFC Securities NRI Account Features

  Motilal Oswal HDFC Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Enquire Motilal OswalEnquire HDFC Securities

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Motilal Oswal Vs HDFC Securities NRI Account Review

  Motilal Oswal Review HDFC Securities Review
  118 Customer Reviews    Rate Motilal Oswal 212 Customer Reviews    Rate HDFC Securities
Fees 2.8 2.1
Brokerage 2.3 1.9
Trading Platform 2.9 2.9
Customer Service 2.6 2.5
Overall Rating Rated 2.4 stars Rated 2.2 stars
Broker Rating Motilal Oswal is Rated 2.4 / 5 based on 118 customer reviews HDFC Securities is Rated 2.2 / 5 based on 212 customer reviews
Enquire Motilal OswalEnquire HDFC Securities

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire HDFC Securities Enquire
Contact Broker Get Zero AMC for Lifetime (with Rs 25k margin or Rs 3k Value Pack) for limited time. Get the offer
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.
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Motilal Oswal Vs HDFC Securities NRI Investment Options

  Motilal Oswal HDFC Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Bonds, Equity F&O, ETFs

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Motilal Oswal Vs HDFC Securities NRI Customer Service

  Motilal Oswal HDFC Securities
Customer Care Number +91 2267 6061 61
Customer Care Email
Enquire Motilal OswalEnquire HDFC Securities

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Motilal Oswal Vs HDFC Securities Order Type Offered for NRI Account

  Motilal Oswal HDFC Securities
Bracket Order
Cover Order
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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Motilal Oswal Vs HDFC Securities - NRI Account Advantages and Disadvantages

  Motilal Oswal HDFC Securities
Pros
  1. Full-service broker with a range of trading & investment services.
  2. A strong research team that provides investment advice and trade recommendations.
  3. Presence across 2,200 locations in over 500 cities in India.
  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.
Cons
  1. MOSFL doesn't offer 3-in-1 account services. So, NRIs have to first transfer money from PIS account to trading account before placing an order.
  2. It doesn't have offices in any foreign locations.
  3. Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.
  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.
Conclusion

Motilal Oswal is a popular name in the financial services industry in India. The company offers a range of online trading and investment services to NRIs. NRIs get free access to the trading platform and dedicated research team that provides market insights through published reports on the economy, market trends, and sectors. Higher brokerage makes it expensive for investors/traders who don't need advisory services.

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.

Promo / Offers

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (Rs 400 waived) with Rs 25k margin or Rs 3k prepaid value pack. Also avail Rs 3k woth of discount vouchers, Rs 1000 worth of Me-Gold, free access to research & advice and free use of trading platform.

This is a limited time offer. Simply leave your contact information with us and Motilal Oswal representatives will contact you.

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.

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