HDFC Securities Vs AxisDirect NRI Account Comparison

HDFC Securities Vs AxisDirect

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

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

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

Ā HDFC SecuritiesAxisDirect
Ā 
Ā HDFC Securities LogoAxisDirect 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 LtdAxis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w...Know more about Axis Securities
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:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

HDFC Securities Vs AxisDirect Charges

Expand
Ā HDFC SecuritiesAxisDirect
NRI Account Opening Fees₹2500₹2500
NRI Account AMC₹0₹0
NRI Demat Account Opening FeesRs 0Rs 0
NRI Demat Account AMCRs 750Rs 750 (free for 1st year)
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open AxisDirect Account

HDFC Securities Vs AxisDirect NRI Account Brokerage Comparison

Expand
Account TypeHDFC Securities NRI AccountAxisDirect NRI Account
Equity Delivery0.75%0.75%
Equity Futures0.025% (Both Buy & Sell)0.05%
Equity Options₹100 per lotIntraday: 1p per lot, Carry Forward: ₹10 per lot
Open AxisDirect Account

Other Charges

Expand
Contract Note Reporting Charges
Other Brokerage ChargesMinimum Brokerage: ₹25, PIS AMC: ₹1000PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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 Vs AxisDirect NRI Account Taxes/Fees

Expand
Ā HDFC SecuritiesAxisDirect
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.

HDFC Securities Vs AxisDirect NRI Account Margin

Expand
Ā HDFC Securities MarginAxisDirect 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.

HDFC Securities and AxisDirect NRI Account Features

Expand
Ā HDFC SecuritiesAxisDirect
3-in-1 AccountYesYes
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
Open AxisDirect Account

HDFC Securities Vs AxisDirect NRI Account Review

Expand
Ā HDFC Securities ReviewAxisDirect Review
Ā 231 Customer Reviews Ā Ā Ā Rate HDFC Securities89 Customer Reviews Ā Ā Ā Rate AxisDirect
FeesRated 2.1 starsRated 2.0 stars
BrokerageRated 1.8 starsRated 1.8 stars
Trading PlatformRated 2.8 starsRated 2.5 stars
Customer ServiceRated 2.5 starsRated 2.1 stars
Overall RatingRated 2.1 starsRated 2.0 stars
Broker RatingHDFC Securities is Rated 2.1 / 5 based on 231 customer reviewsAxisDirect is Rated 2.0 / 5 based on 89 customer reviews
Open AxisDirect Account

Contact Broker / Request A Call Back

Expand
Ā 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.

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

HDFC Securities Vs AxisDirect NRI Investment Options

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

HDFC Securities Vs AxisDirect NRI Customer Service

Expand
Ā HDFC SecuritiesAxisDirect
Customer Care Number+91 2267 6061 61+91 22 4257 0809
Customer Care Email
Open AxisDirect Account

HDFC Securities Vs AxisDirect Order Type Offered for NRI Account

Expand
Ā HDFC SecuritiesAxisDirect
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

HDFC Securities Vs AxisDirect - NRI Account Advantages and Disadvantages

Expand
Ā HDFC SecuritiesAxisDirect
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 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
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 Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
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.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

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.

Open Instant Demat Account Read Reviews

AxisDirectSpecial Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

Open AxisDirect Account

Compare HDFC Securities and AxisDirect with other NRI Brokers

Compare HDFC SecuritiesCompare AxisDirect
HDFC Securities Vs 5paisaAxisDirect Vs 5paisa
HDFC Securities Vs Aditya Birla MoneyAxisDirect Vs Aditya Birla Money
HDFC Securities Vs Alice BlueAxisDirect Vs Alice Blue
HDFC Securities Vs Anand RathiAxisDirect Vs Anand Rathi
HDFC Securities Vs Angel OneAxisDirect Vs Angel One
HDFC Securities Vs Choice BrokingAxisDirect Vs Choice Broking
HDFC Securities Vs FirstockAxisDirect Vs Firstock
HDFC Securities Vs FyersAxisDirect Vs Fyers
HDFC Securities Vs GeojitAxisDirect Vs Geojit
HDFC Securities Vs ICICIdirectAxisDirect Vs ICICIdirect
HDFC Securities Vs Jainam BrokingAxisDirect Vs Jainam Broking
HDFC Securities Vs Kotak SecuritiesAxisDirect Vs Kotak Securities
HDFC Securities Vs Mirae Asset SharekhanAxisDirect Vs Mirae Asset Sharekhan
HDFC Securities Vs Motilal OswalAxisDirect Vs Motilal Oswal
HDFC Securities Vs ProstocksAxisDirect Vs Prostocks
HDFC Securities Vs SBI SecuritiesAxisDirect Vs SBI Securities
HDFC Securities Vs SMC GlobalAxisDirect Vs SMC Global
HDFC Securities Vs TradingoAxisDirect Vs Tradingo
HDFC Securities Vs Yes SecuritiesAxisDirect Vs Yes Securities
HDFC Securities Vs ZerodhaAxisDirect Vs Zerodha

Side-by-Side Comparison of Broker

HDFC Securities Vs AxisDirect NRI Account Comparison