Chittorgarh.com Logo
Loading...

5paisa Vs AxisDirect NRI Account Comparison

The side-by-side comparison of 5paisa and AxisDirect NRI Account. Compare 5paisa Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and 5paisa NRI Account reviews.

Find out 5paisa Vs AxisDirect which is better NRI Trading Account. See 5paisa Vs AxisDirect which is best NRI Demat Account.

Our 5paisa Capital Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between 5paisa and AxisDirect NRI Account.

Expand

5paisa Vs AxisDirect

  5paisa AxisDirect
 
  5paisa Capital Ltd Logo Axis Securities Logo
About the Broker 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 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. ... Know more about 5paisa Capital Ltd Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NA NRI Account
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Zerodha (Trade with the best stock broker)

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.


Expand

5paisa Vs AxisDirect Charges

  5paisa AxisDirect
NRI Account Opening Fees NA ₹2500
NRI Account AMC NA ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 300 Rs 650
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open 5paisa Account

Expand

5paisa Vs AxisDirect NRI Account Brokerage Comparison

Account Type 5paisa NA AxisDirect NRI Account
Equity Delivery NA 0.75%
Equity Futures NA 0.05%
Equity Options NA Intraday: 1p per lot, Carry Forward: ₹10 per lot
Open 5paisa Account

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges NA PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%
Expand

5paisa Vs AxisDirect NRI Account Taxes/Fees

  5paisa AxisDirect
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 excersied 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 excersied 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.

Expand

5paisa Vs AxisDirect NRI Account Margin

  5paisa Margin AxisDirect 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.


Expand

5paisa and AxisDirect NRI Account Features

  5paisa AxisDirect
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
Open 5paisa Account

Expand

5paisa Vs AxisDirect NRI Account Review

  5paisa Review AxisDirect Review
  91 Customer Reviews    Rate 5paisa 83 Customer Reviews    Rate AxisDirect
Fees 2.9 2.0
Brokerage 3.6 1.8
Trading Platform 2.8 2.6
Customer Service 2.1 2.2
Overall Rating Rated 2.6 stars Rated 2.0 stars
Broker Rating 5paisa is Rated 2.6 / 5 based on 91 customer reviews AxisDirect is Rated 2.0 / 5 based on 83 customer reviews
Open 5paisa Account

Expand

Contact Broker / Request A Call Back

  5paisa Enquire AxisDirect Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa 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.
*

5paisa Vs AxisDirect NRI Investment Options

  5paisa AxisDirect
Stocks No Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Other Investment Options

Expand

5paisa Vs AxisDirect NRI Customer Service

  5paisa AxisDirect
Customer Care Number NA +91 22 4257 0809
Customer Care Email NA
Open 5paisa Account

Expand

5paisa Vs AxisDirect Order Type Offered for NRI Account

  5paisa AxisDirect
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes

Expand

5paisa Vs AxisDirect - NRI Account Advantages and Disadvantages

  5paisa AxisDirect
Pros
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  • 5paisa does not offer NRI trading and demat account.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

5paisa, the 2nd largest discount stock broker in India, 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 5paisa, you have to close it and open a new account with another broker who offers NRI services.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

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
Open 5paisa Account

Comments

Add a public comment...

Compare More Brokers: