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ICICIdirect Vs HDFC Securities NRI Account Comparison

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 Vs HDFC Securities

	ICICIdirect	HDFC Securities
	ICICIdirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs	HDFC Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

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 Vs HDFC Securities Charges

	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

ICICIdirect Vs HDFC Securities NRI Account Brokerage Comparison

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

Other Charges

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 Vs HDFC Securities NRI Account Taxes/Fees

	ICICIdirect	HDFC 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 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 Vs HDFC Securities NRI Account Margin

	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 and HDFC Securities NRI Account Features

	ICICIdirect	HDFC Securities
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features

ICICIdirect Vs HDFC Securities NRI Account Review

	ICICIdirect Review	HDFC Securities Review
	484 Customer Reviews	231 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating	ICICIdirect is Rated 2.3 / 5 based on 484 customer reviews	HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews

Contact Broker / Request A Call Back

	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 Vs HDFC Securities NRI Investment Options

	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 Vs HDFC Securities NRI Customer Service

	ICICIdirect	HDFC Securities
Customer Care Number	+91-22-28307780	+91 2267 6061 61
Customer Care Email	nri@icicidirect.com

ICICIdirect Vs HDFC Securities Order Type Offered for NRI Account

	ICICIdirect	HDFC Securities
Bracket Order
Cover Order
After Market Order (AMO)
Good Till Cancelled (GTC)

ICICIdirect Vs HDFC Securities - NRI Account Advantages and Disadvantages

	ICICIdirect	HDFC Securities
Pros	India's leading stockbroker. Part of the prestigious ICICI group, a financial services conglomerate. ICICI 3-in-1 NRI Account offers the easiest online trading experience. It offers an online trading facility with automatic fund transfer and PIS reporting. Invest online in Mutual Fund, NCD, FD, IPO, etc. GTC (or GTD, VTD) and AMO order types are available for placing orders in non-trading hours. It has a very stable trading platform.	Offers 3-in-1 NRI account for trading and investment. A subsidiary of renowned HDFC Bank. Offers online mutual fund facility through 'Digify'', a digital mutual fund platform. Offers AMO and GTC order facility. Research team offers trading and investment recommendations. Assistance from Relationship Managers. Offers loan facility against securities held in NRI demat account.
Cons	While ICICI trading platform gets the job done, it is very old trading software with poor user experience in comparison to the next generation online brokers like Zerodha, upstox, and 5paisa. The equity delivery brokerage is higher in comparison to discount brokers like Zerodha. With ICICI, a buy order or Rs 1 lakhs will cost Rs 1250 (1.25%) in brokerage. The same order at Zerodha cost Rs 200 in brokerage. NRIs from the UK (United Kingdom) cannot invest in IPO and Mutual Fund through ICICIDirect.com ICICI Bank doesn't offer online account opening to NRIs apart from customers from the US. Online account opening is also not available to Minor NRIs from the US.	Brokerage charges are very high in comparison to discount brokers like Zerodha. Doesn't offer online trading to USA and Canada based NRIs.
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 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

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