HDFC Securities Vs Alice Blue NRI Account Comparison

HDFC Securities Vs Alice Blue

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

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

Our HDFC Securities Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between HDFC Securities and Alice Blue NRI Account.

 HDFC SecuritiesAlice Blue
 
 HDFC Securities LogoAlice Blue 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 LtdAlice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with us. NRI's ca...Know more about Alice Blue Financial Services
Account TypeNRI AccountNA
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: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

HDFC Securities Vs Alice Blue Charges

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 HDFC SecuritiesAlice Blue
NRI Account Opening Fees₹2500NA
NRI Account AMC₹0NA
NRI Demat Account Opening FeesRs 0Rs 0
NRI Demat Account AMCRs 750Rs 400
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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HDFC Securities Vs Alice Blue NRI Account Brokerage Comparison

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Account TypeHDFC Securities NRI AccountAlice Blue NA
Equity Delivery0.75%NA
Equity Futures0.025% (Both Buy & Sell)NA
Equity Options₹100 per lotNA
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Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage ChargesMinimum Brokerage: ₹25, PIS AMC: ₹1000NA
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 Alice Blue NRI Account Taxes/Fees

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 HDFC SecuritiesAlice Blue
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 Alice Blue NRI Account Margin

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 HDFC Securities MarginAlice Blue 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 Alice Blue NRI Account Features

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 HDFC SecuritiesAlice Blue
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
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HDFC Securities Vs Alice Blue NRI Account Review

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 HDFC Securities ReviewAlice Blue Review
 231 Customer Reviews    Rate HDFC Securities40 Customer Reviews    Rate Alice Blue
FeesRated 2.1 starsRated 3.7 stars
BrokerageRated 1.8 starsRated 3.7 stars
Trading PlatformRated 2.8 starsRated 3.3 stars
Customer ServiceRated 2.5 starsRated 2.9 stars
Overall RatingRated 2.1 starsRated 3.1 stars
Broker RatingHDFC Securities is Rated 2.1 / 5 based on 231 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews
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Contact Broker / Request A Call Back

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 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.
Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

HDFC Securities Vs Alice Blue NRI Investment Options

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 HDFC SecuritiesAlice Blue
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment OptionsBonds, Equity F&O, ETFs

HDFC Securities Vs Alice Blue NRI Customer Service

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 HDFC SecuritiesAlice Blue
Customer Care Number+91 2267 6061 61
Customer Care Email
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HDFC Securities Vs Alice Blue Order Type Offered for NRI Account

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

HDFC Securities Vs Alice Blue - NRI Account Advantages and Disadvantages

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 HDFC SecuritiesAlice Blue
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.
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.
  • Alice Blue does not offer NRI trading and demat account.
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.

Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

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

Alice BlueSpecial Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Alice Blue Account

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Side-by-Side Comparison of Broker

HDFC Securities Vs Alice Blue NRI Account Comparison