5paisa Vs Trustline NRI Account Comparison

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

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

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

Expand

5paisa Vs Trustline

  5paisa Trustline
 
5paisa Capital Ltd Logo Trustline 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 Trustline Securities is a full-service broker offering trading and investment services in equity, F&O, mutual fund, FDs, and bonds to both resident and non-resident Indian investors. The broker offers customized investment solutions across wealth man... Know more about Trustline Securities Ltd
Account Type NA
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trustline. Leave your contact info and we will get in touch with you.
Expand

5paisa Vs Trustline Charges

  5paisa Trustline
NRI Account Opening Fees NA ₹0
NRI Account AMC NA ₹1000 + GST
NRI Demat Account Opening Fees ₹0 (Free) Regular: ₹0, Lifetime Free AMC: ₹1000
NRI Demat Account AMC ₹540 (Free with Subscription Plan) Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

5paisa Vs Trustline NRI Account Brokerage Comparison

Brokerage Plan

  5paisa Trustline
Account Type NA
Equity Delivery NA 0.03 (3 paise)
Equity Futures NA 0.30 (30 paise)
Equity Options NA ₹75 per lot

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%
Expand

5paisa Vs Trustline NRI Account Taxes/Fees

  5paisa Trustline
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 ₹15 per Crore ₹15 per 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 Trustline NRI Account Exposure Margin

  5paisa Trustline
Equity Delivery
Equity Futures
Equity Options
Expand

5paisa and Trustline NRI Account Feature Comparison

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

5paisa Vs Trustline NRI Account Review

  5paisa Trustline
  59 Customer Reviews    Rate 5paisa 1 Customer Reviews    Rate Trustline
Fees 3.1 4.0
Brokerage 3.9 3.0
Trading Platform 2.8 4.0
Customer Service 2.2 4.0
Overall Rating Rated 2.9 stars Rated 4.0 stars
Broker Rating 5paisa is Rated 2.9 / 5 based on 59 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
*

Contact Broker / Request A Call Back

  5paisa Trustline
Contact Broker
*

5paisa Vs Trustline NRI Investment Options

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

5paisa Vs Trustline NRI Customer Service

  5paisa Trustline
Customer Care Number NA (0120) 4613-888
Customer Care Email NA helpdesk@trustline.in
Expand

5paisa Vs Trustline Order Type Offered for NRI Account

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

5paisa Vs Trustline - NRI Account Advantages and Disadvantages

  5paisa Trustline
Pros
  • Offers web and mobile app-based NRI trading and investment platform.
  • Charges lower brokerage for investing in equity and equity derivatives.
  • Doesn't have a minimum brokerage charge which is good for small investors.
  • Offers research-based fundamental and technical analysis which helps in taking a better investment decision.
  • Allows US and Canada based NRIs to trade and invest in the stock market through Trustline trading forms.
  • Trustline works as a clearing and settlement member which reduces the overall cost for investors.
  • Facilitates IPO bidding for resident and non-resident Indian investors.
Cons
  • 5paisa does not offer NRI trading and demat account.
  • Doesn't offer a 3-in-1 account which means NRIs cannot open all the accounts at a single platform. It also means NRIs have to first transfer funds to PIS account before placing orders.
  • Doesn't offer Bracket Order facility.
  • Doesn't offer AMO (After Market Order) and GTC (Good' Till Cancelled) orders for investors.
  • Allows only Axis bank to open NRI bank account.
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.

Trustline Securities is a good choice for both casual and frequent traders. The full-service broker offers depository services and research tips for NRIs. It also allows US and Canada based NRIs after filling FATCA and FEMA declaration form. The brokerage charges are quite low as compared to other full-service brokers in India. The broker also offers good web and mobile trading platforms in addition to a dedicated mobile app for mutual fund investments. Call n Trade facility and IPO application services are other features that make Trustline a good choice as an NRI stockbroker. The only major disadvantage with the broker is that it only allows Axis Bank accounts to be linked with its trading account. So, if you have Axis NRI bank accounts then its an excellent choice else you have to transfer your bank accounts to trade with Trustline.

Promo / Offers
Expand

5paisa Vs Trustline - More Reviews

  5paisa Trustline
NRI Trading Review 5paisa NRI Account Review Trustline NRI Account Review
Enquire 5paisa Enquire Trustline
Compare
5paisa Vs Zerodha
5paisa Vs ICICI Direct
5paisa Vs HDFC Securities
5paisa Vs Sharekhan
5paisa Vs AxisDirect
5paisa Vs Angel Broking
5paisa Vs Kotak Securities
5paisa Vs Motilal Oswal
5paisa Vs Karvy
5paisa Vs IIFL
5paisa Vs SBI Securities
5paisa Vs Geojit
5paisa Vs Religare
5paisa Vs SMC Global
5paisa Vs Ventura
5paisa Vs Anand Rathi
5paisa Vs Indiabulls
5paisa Vs Aditya Birla Money
5paisa Vs TradingBells
5paisa Vs IDBI Capital
5paisa Vs Tradeplus
5paisa Vs Tradejini
5paisa Vs Alice Blue
5paisa Vs Wisdom Capital
5paisa Vs Finvasia
5paisa Vs Prostocks
5paisa Vs Beeline
5paisa Vs Just Trade
5paisa Vs Compositedge
5paisa Vs Achiievers
5paisa Vs Yes Securities
Trustline Vs Zerodha
Trustline Vs ICICI Direct
Trustline Vs HDFC Securities
Trustline Vs Sharekhan
Trustline Vs AxisDirect
Trustline Vs Angel Broking
Trustline Vs Kotak Securities
Trustline Vs Motilal Oswal
Trustline Vs Karvy
Trustline Vs IIFL
Trustline Vs SBI Securities
Trustline Vs Geojit
Trustline Vs Religare
Trustline Vs SMC Global
Trustline Vs Ventura
Trustline Vs Anand Rathi
Trustline Vs Indiabulls
Trustline Vs Aditya Birla Money
Trustline Vs TradingBells
Trustline Vs IDBI Capital
Trustline Vs Tradeplus
Trustline Vs Tradejini
Trustline Vs Alice Blue
Trustline Vs Wisdom Capital
Trustline Vs Finvasia
Trustline Vs Prostocks
Trustline Vs Beeline
Trustline Vs Just Trade
Trustline Vs Compositedge
Trustline Vs Achiievers
Trustline Vs Yes Securities






Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App