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HDFC Securities Vs Kotak Securities NRI Account Comparison

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

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

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

HDFC Securities Vs Kotak Securities

 HDFC SecuritiesKotak Securities
 
 HDFC Securities LogoKotak Securities Logo
About the BrokerHDFC, 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 LtdKotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun...Know more about Kotak Securities Ltd
Account TypeNRI AccountNRI Account
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now

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HDFC Securities Vs Kotak Securities Charges

 HDFC SecuritiesKotak Securities
NRI Account Opening Fees₹2500₹3750
NRI Account AMC₹0₹0
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 750Rs 600
PIS Account AMC₹1000
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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HDFC Securities Vs Kotak Securities NRI Account Brokerage Comparison

Account TypeHDFC Securities NRI AccountKotak Securities NRI Account
Equity Delivery0.75%1.00%
Equity Futures0.025% (Both Buy & Sell)1.00%
Equity Options₹100 per lot1.00%
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Other Charges

Contract Note Reporting Charges₹0
Other Brokerage ChargesMinimum Brokerage: ₹25, PIS AMC: ₹1000Average Quarterly Balance: ₹10000
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 Kotak Securities NRI Account Taxes/Fees

 HDFC SecuritiesKotak 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 exercised 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 exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% 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 Kotak Securities NRI Account Margin

 HDFC Securities MarginKotak Securities Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

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 Kotak Securities NRI Account Features

 HDFC SecuritiesKotak Securities
3-in-1 AccountYesYes
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
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HDFC Securities Vs Kotak Securities NRI Account Review

 HDFC Securities ReviewKotak Securities Review
 231 Customer Reviews    Rate HDFC Securities200 Customer Reviews    Rate Kotak Securities
FeesRated 2.1 starsRated 2.4 stars
BrokerageRated 1.8 starsRated 2.3 stars
Trading PlatformRated 2.8 starsRated 3.2 stars
Customer ServiceRated 2.5 starsRated 2.8 stars
Overall RatingRated 2.1 starsRated 2.4 stars
Broker RatingHDFC Securities is Rated 2.1 / 5 based on 231 customer reviewsKotak Securities is Rated 2.4 / 5 based on 200 customer reviews
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Contact Broker / Request A Call Back

 HDFC Securities EnquireHDFC Securities 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.
Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
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HDFC Securities Vs Kotak Securities NRI Investment Options

 HDFC SecuritiesKotak Securities
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsBonds, Equity F&O, ETFs

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HDFC Securities Vs Kotak Securities NRI Customer Service

 HDFC SecuritiesKotak Securities
Customer Care Number+91 2267 6061 61022 6689 6000, 022 6652 9191
Customer Care Emailnricustomerservice@kotak.com
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HDFC Securities Vs Kotak Securities Order Type Offered for NRI Account

 HDFC SecuritiesKotak Securities
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

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HDFC Securities Vs Kotak Securities - NRI Account Advantages and Disadvantages

 HDFC SecuritiesKotak Securities
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. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
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. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Kotak SecuritiesSpecial Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Rs 10 Intraday trades (Equity and F&O).
  • Flat Rs. 10 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

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