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Alice Blue Vs Trustline NRI Account Comparison

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

Find out Alice Blue Vs Trustline which is better NRI Trading Account. See Alice Blue Vs Trustline which is best NRI Demat Account.

Our Alice Blue Financial Services comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Alice Blue and Trustline NRI Account.

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Alice Blue Vs Trustline

  Alice Blue Trustline
 
  Alice Blue Financial Services Logo Trustline Securities Ltd Logo
About the Broker Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with... Know more about Alice Blue Financial Services 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
Special Offer
Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue 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.


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Alice Blue Vs Trustline Charges

  Alice Blue Trustline
NRI Account Opening Fees NA ₹0
NRI Account AMC NA ₹1000 + GST
NRI Demat Account Opening Fees Rs 0 Regular: Rs 0, Lifetime Free AMC: Rs 1000
NRI Demat Account AMC Rs 400 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Alice Blue Vs Trustline NRI Account Brokerage Comparison

Account Type Alice Blue NA Trustline
Equity Delivery NA 0.03 (3 paise)
Equity Futures NA 0.30 (30 paise)
Equity Options NA ₹75 per lot
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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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Alice Blue Vs Trustline NRI Account Taxes/Fees

  Alice Blue 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 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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Alice Blue Vs Trustline NRI Account Margin

  Alice Blue Margin Trustline 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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Alice Blue and Trustline NRI Account Features

  Alice Blue Trustline
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Alice Blue Vs Trustline NRI Account Review

  Alice Blue Review Trustline Review
  37 Customer Reviews    Rate Alice Blue 3 Customer Reviews    Rate Trustline
Fees 3.7 3.3
Brokerage 3.7 2.7
Trading Platform 3.4 3.7
Customer Service 3.0 3.3
Overall Rating Rated 3.2 stars Rated 3.3 stars
Broker Rating Alice Blue is Rated 3.2 / 5 based on 37 customer reviews Trustline is Rated 3.3 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Alice Blue Enquire Trustline Enquire
Contact Broker Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue 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.
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Alice Blue Vs Trustline NRI Investment Options

  Alice Blue Trustline
Stocks No Yes
Initial Public Offers (IPO) No No
Mutual Funds No Yes
Other Investment Options

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Alice Blue Vs Trustline NRI Customer Service

  Alice Blue Trustline
Customer Care Number (0120) 4613-888
Customer Care Email helpdesk@trustline.in
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Alice Blue Vs Trustline Order Type Offered for NRI Account

  Alice Blue Trustline
Bracket Order No No
Cover Order No Yes
After Market Order(AMO) No No
Good Till Cancelled (GTC) No No

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Alice Blue Vs Trustline - NRI Account Advantages and Disadvantages

  Alice Blue 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
  • Alice Blue 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

Alice Blue, the Bangalore based financial service provider, 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 Alice Blue, 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

Alice Blue Special Offer

Free Equity Delivery Trade

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue 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.

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