The side-by-side comparison of ICICIdirect and HDFC Securities NRI Account. Compare ICICIdirect Vs HDFC Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read HDFC Securities and ICICIdirect NRI Account reviews.
Find out ICICIdirect Vs HDFC Securities which is better NRI Trading Account. See ICICIdirect Vs HDFC Securities which is best NRI Demat Account.
Our ICICI Securities Pvt Ltd. comparison with HDFC Securities Ltd highlights the major differences between two brokers. Find the best between ICICIdirect and HDFC Securities NRI Account.
| ICICIdirect | HDFC Securities | |
|---|---|---|
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| About the Broker | ICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account.
The ICICI 3 in 1 Account for NRI enab... | 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... |
| Account Type | NRI Account | NRI 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. | 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. |
| ICICIdirect | HDFC Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹4000 | ₹2500 |
| NRI Account AMC | ₹0 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | For Individual account: Rs. 700 p.a. | Rs 750 |
| PIS Account AMC | ||
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | ICICIdirect NRI Account | HDFC Securities NRI Account |
|---|---|---|
| Equity Delivery | 0.50% - 1.25% | 0.75% |
| Equity Futures | 0.03% - 0.05% | 0.025% (Both Buy & Sell) |
| Equity Options | ₹70 to ₹95 | ₹100 per lot |
| Contract Note Reporting Charges | ||
| 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% |
| ICICIdirect | HDFC Securities | |
|---|---|---|
| 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. |
| ICICIdirect 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. | ||
| ICICIdirect | HDFC Securities | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading |  | |
| Free Research And Tips | | |
| Other Features | ||
| ICICIdirect Review | HDFC Securities Review | |
|---|---|---|
486 Customer Reviews  | 231 Customer Reviews | |
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| Trading Platform |  |  |
| Customer Service |  |  |
| Overall Rating |  | |
| Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 486 customer reviews | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews |
| ICICIdirect Enquire | ICICIdirect 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. | 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. |
| ICICIdirect | HDFC Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | ETF, Corporate Bonds, NCD, FD, Insurance | Bonds, Equity F&O, ETFs |
| ICICIdirect | HDFC Securities | |
|---|---|---|
| Customer Care Number | +91-22-28307780 | +91 2267 6061 61 |
| Customer Care Email | nri@icicidirect.com | |
| ICICIdirect | HDFC Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| ICICIdirect | HDFC Securities | |
|---|---|---|
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Conclusion | ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings. | 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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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