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5paisa Vs SBI Securities NRI Account Comparison

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

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

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

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5paisa Vs SBI Securities

  5paisa SBI Securities
 
  5paisa Capital Ltd Logo SBICAP Securities Ltd 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 State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... Know more about SBICAP Securities Ltd
Account Type NA NRI Account
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5paisa Vs SBI Securities Charges

  5paisa SBI Securities
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 540 Rs 350
PIS Account AMC NA ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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5paisa Vs SBI Securities NRI Account Brokerage Comparison

Account Type 5paisa NA SBI Securities NRI Account
Equity Delivery NA 0.75%
Equity Futures NA
Equity Options NA
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Other Charges

Contract Note Reporting Charges NA ₹0
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%
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5paisa Vs SBI Securities NRI Account Taxes/Fees

  5paisa SBI 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 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.

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5paisa Vs SBI Securities NRI Account Margin

  5paisa Margin SBI 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.


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5paisa and SBI Securities NRI Account Features

  5paisa SBI Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
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5paisa Vs SBI Securities NRI Account Review

  5paisa Review SBI Securities Review
  87 Customer Reviews    Rate 5paisa 147 Customer Reviews    Rate SBI Securities
Fees 2.9 3.2
Brokerage 3.6 2.7
Trading Platform 2.8 2.6
Customer Service 2.2 2.8
Overall Rating Rated 2.6 stars Rated 2.6 stars
Broker Rating 5paisa is Rated 2.6 / 5 based on 87 customer reviews SBI Securities is Rated 2.6 / 5 based on 147 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire SBI Securities Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Leave your contact information and we will get in touch with you....
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5paisa Vs SBI Securities NRI Investment Options

  5paisa SBI Securities
Stocks No Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Other Investment Options Derivatives, FD

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5paisa Vs SBI Securities NRI Customer Service

  5paisa SBI Securities
Customer Care Number NA +91 22 6153 6900
Customer Care Email NA nri@sbicapsec.com
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5paisa Vs SBI Securities Order Type Offered for NRI Account

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

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5paisa Vs SBI Securities - NRI Account Advantages and Disadvantages

  5paisa SBI Securities
Pros
  1. The largest bank in India with the highest number of branches.
  2. Offer 3 in 1 account for convenient online trading
  3. Free expert recommendations on trading & investments
  4. Assistance from Relationship Managers
  5. SBI securities NRI opening fees are lowest among full-service brokers.
  6. Mutual fund services are available to NRIs who don't have a trading account.
Cons
  • 5paisa does not offer NRI trading and demat account.
  1. Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
  2. The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
  3. Doesn't offer Good-till canceled (GTC) order.
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.

SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.

Promo / Offers

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.
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