Mirae Asset Sharekhan Vs HDFC Securities NRI Account Comparison

Mirae Asset Sharekhan Vs HDFC Securities

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

Find out Mirae Asset Sharekhan Vs HDFC Securities which is better NRI Trading Account. See Mirae Asset Sharekhan Vs HDFC Securities which is best NRI Demat Account.

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

 Mirae Asset SharekhanHDFC Securities
 
 Mirae Asset Sharekhan LogoHDFC Securities Logo
About the BrokerEstablished in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves...Know more about Mirae Asset SharekhanHDFC, 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 TypeMirae Asset Sharekhan NRI 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.

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.

Mirae Asset Sharekhan Vs HDFC Securities Charges

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 Mirae Asset SharekhanHDFC Securities
NRI Account Opening Fees₹2000₹2500
NRI Account AMC₹3000₹0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 400 (Free for 1st year)Rs 750
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST

Mirae Asset Sharekhan Vs HDFC Securities NRI Account Brokerage Comparison

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Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI AccountHDFC Securities NRI Account
Equity Delivery0.50%0.75%
Equity Futures0.1% on first leg and 0.02% on second leg0.025% (Both Buy & Sell)
Equity Options₹250 per contract note₹100 per lot

Other Charges

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Contract Note Reporting Charges
Other Brokerage ChargesPIS Acct AMC: ₹1000Minimum 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%

Mirae Asset Sharekhan Vs HDFC Securities NRI Account Taxes/Fees

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 Mirae Asset SharekhanHDFC 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.

Mirae Asset Sharekhan Vs HDFC Securities NRI Account Margin

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 Mirae Asset Sharekhan MarginHDFC 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.

Mirae Asset Sharekhan and HDFC Securities NRI Account Features

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 Mirae Asset SharekhanHDFC Securities
3-in-1 AccountNoYes
Automated TradingNoNo
Free Research And TipsYesYes
Other FeaturesCall & Trade, Dedicated Relationship Manager, Branch Support

Mirae Asset Sharekhan Vs HDFC Securities NRI Account Review

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 Mirae Asset Sharekhan ReviewHDFC Securities Review
 316 Customer Reviews    Rate Mirae Asset Sharekhan231 Customer Reviews    Rate HDFC Securities
FeesRated 3.0 starsRated 2.1 stars
BrokerageRated 2.8 starsRated 1.8 stars
Trading PlatformRated 3.7 starsRated 2.8 stars
Customer ServiceRated 3.3 starsRated 2.5 stars
Overall RatingRated 3.3 starsRated 2.1 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsHDFC Securities is Rated 2.1 / 5 based on 231 customer reviews

Contact Broker / Request A Call Back

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 Mirae Asset Sharekhan EnquireMirae Asset Sharekhan 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.

Mirae Asset Sharekhan Vs HDFC Securities NRI Investment Options

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 Mirae Asset SharekhanHDFC Securities
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsPMS, Wealth ManagementBonds, Equity F&O, ETFs

Mirae Asset Sharekhan Vs HDFC Securities NRI Customer Service

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 Mirae Asset SharekhanHDFC Securities
Customer Care Number+91 022 6518500+91 2267 6061 61
Customer Care Emailnridesk@miraeassetsharekhan.com

Mirae Asset Sharekhan Vs HDFC Securities Order Type Offered for NRI Account

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 Mirae Asset SharekhanHDFC Securities
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

Mirae Asset Sharekhan Vs HDFC Securities - NRI Account Advantages and Disadvantages

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 Mirae Asset SharekhanHDFC Securities
Pros
  1. One of the largest stockbrokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs, and Bonds.
  5. Offers PMS services for wealth management.
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  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. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  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

Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their 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

  • 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

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

Compare Mirae Asset Sharekhan and HDFC Securities with other NRI Brokers

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