Chittorgarh.com Logo
Loading...

5paisa Vs Geojit NRI Account Comparison

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

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

Our 5paisa Capital Ltd comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between 5paisa and Geojit NRI Account.

Expand

5paisa Vs Geojit

  5paisa Geojit
 
  5paisa Capital Ltd Logo Geojit BNP Paribas 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 Geojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ... Know more about Geojit BNP Paribas
Account Type NA
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 Geojit Charges

  5paisa Geojit
NRI Account Opening Fees NA
NRI Account AMC NA
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 300 Rs 400 per year
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open 5paisa Account

Expand

5paisa Vs Geojit NRI Account Brokerage Comparison

Account Type 5paisa NA Geojit
Equity Delivery NA
Equity Futures NA
Equity Options NA
Open 5paisa Account

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges NA
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 Geojit NRI Account Taxes/Fees

  5paisa Geojit
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 Geojit NRI Account Margin

  5paisa Margin Geojit 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 Geojit NRI Account Features

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

Expand

5paisa Vs Geojit NRI Account Review

  5paisa Review Geojit Review
  91 Customer Reviews    Rate 5paisa 108 Customer Reviews    Rate Geojit
Fees 2.9 3.5
Brokerage 3.6 3.2
Trading Platform 2.8 4.0
Customer Service 2.1 3.7
Overall Rating Rated 2.6 stars Rated 3.6 stars
Broker Rating 5paisa is Rated 2.6 / 5 based on 91 customer reviews Geojit is Rated 3.6 / 5 based on 108 customer reviews
Open 5paisa Account

Expand

Contact Broker / Request A Call Back

  5paisa Enquire Geojit 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 Geojit NRI Investment Options

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

Expand

5paisa Vs Geojit NRI Customer Service

  5paisa Geojit
Customer Care Number NA +91 0484 3911777
Customer Care Email NA customercare@geojit.com
Open 5paisa Account

Expand

5paisa Vs Geojit Order Type Offered for NRI Account

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

Expand

5paisa Vs Geojit - NRI Account Advantages and Disadvantages

  5paisa Geojit
Pros
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
Cons
  • 5paisa does not offer NRI trading and demat account.
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
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.

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

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: