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HDFC Securities Vs Firstock NRI Account Comparison

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

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

Our HDFC Securities Ltd comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between HDFC Securities and Firstock NRI Account.

HDFC Securities Vs Firstock

 HDFC SecuritiesFirstock
 
 HDFC Securities LogoFirstock 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 LtdFirstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati...Know more about Firstock Broking Private Limited
Account TypeNRI AccountEquity (PIS)
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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

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HDFC Securities Vs Firstock Charges

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

Account TypeHDFC Securities NRI AccountFirstock Equity (PIS)
Equity Delivery0.75%0.5% or Rs 200 per order, whichever is lower
Equity Futures0.025% (Both Buy & Sell)Rs 100 per executed order
Equity Options₹100 per lotRs 100 per executed order
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Other Charges

Contract Note Reporting Charges
Other Brokerage ChargesMinimum Brokerage: ₹25, PIS AMC: ₹1000Equity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower
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 Firstock NRI Account Taxes/Fees

 HDFC SecuritiesFirstock
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 Firstock NRI Account Margin

 HDFC Securities MarginFirstock 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 Firstock NRI Account Features

 HDFC SecuritiesFirstock
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
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HDFC Securities Vs Firstock NRI Account Review

 HDFC Securities ReviewFirstock Review
 231 Customer Reviews    Rate HDFC Securities1 Customer Reviews    Rate Firstock
FeesRated 2.1 starsRated 3.0 stars
BrokerageRated 1.8 starsRated 3.0 stars
Trading PlatformRated 2.8 starsRated 3.0 stars
Customer ServiceRated 2.5 starsRated 3.0 stars
Overall RatingRated 2.1 starsRated 3.0 stars
Broker RatingHDFC Securities is Rated 2.1 / 5 based on 231 customer reviewsFirstock is Rated 3.0 / 5 based on 1 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.
Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.
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HDFC Securities Vs Firstock NRI Investment Options

 HDFC SecuritiesFirstock
StocksYesYes
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment OptionsBonds, Equity F&O, ETFs

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HDFC Securities Vs Firstock NRI Customer Service

 HDFC SecuritiesFirstock
Customer Care Number+91 2267 6061 61
Customer Care Email
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HDFC Securities Vs Firstock Order Type Offered for NRI Account

 HDFC SecuritiesFirstock
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

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HDFC Securities Vs Firstock - NRI Account Advantages and Disadvantages

 HDFC SecuritiesFirstock
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.
  • No RBI approval is needed if you choose the Non-PIS route.
  • Lower compliance and paperwork.
  • Futures & Options trading is permitted.
  • Competitive brokerage and clearing charges.
  • Fully digital initiation of the process.

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.
  • Physical document submission and IPV are mandatory.
  • F&O trading is not available through NRE–PIS accounts.
  • A custodian account is required for derivatives.
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.

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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FirstockSpecial Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

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