The side-by-side comparison of Choice Broking and 5paisa NRI Account. Compare Choice Broking Vs 5paisa NRI Account brokerage charges, exposure margin, demat account and AMC. Read 5paisa and Choice Broking NRI Account reviews.
Find out Choice Broking Vs 5paisa which is better NRI Trading Account. See Choice Broking Vs 5paisa which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with 5paisa Capital Ltd highlights the major differences between two brokers. Find the best between Choice Broking and 5paisa NRI Account.
Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NR...
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. ...
Account Type
NRI Trading
NA
Special Offer
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.
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.
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.
Choice Broking Vs 5paisa NRI Account Margin
Choice Broking Margin
5paisa 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.
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.
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.
Choice Broking Vs 5paisa Order Type Offered for NRI Account
Choice Broking
5paisa
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Choice Broking Vs 5paisa - NRI Account Advantages and Disadvantages
Choice Broking
5paisa
Pros
Free account opening.
Advisory services with access to a wide range of research reports.
Convenient Mutual Fund investment through a mobile app or website.
Dedicated relationship manager.
Cons
Higher brokerage charges when compared to other discount brokers.
Do not offer 3-in-1 account services.
Do not provide an online account opening facility.
5paisa does not offer NRI trading and demat account.
Conclusion
Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses.
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.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds