Chittorgarh.com Logo
Loading...

Anand Rathi Vs Finvasia NRI Account Comparison

The side-by-side comparison of Anand Rathi and Finvasia NRI Account. Compare Anand Rathi Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and Anand Rathi NRI Account reviews.

Find out Anand Rathi Vs Finvasia which is better NRI Trading Account. See Anand Rathi Vs Finvasia which is best NRI Demat Account.

Our Anand Rathi comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Anand Rathi and Finvasia NRI Account.

Expand

Anand Rathi Vs Finvasia

  Anand Rathi Finvasia
 
  Anand Rathi Logo Finvasia Securities Pvt Ltd Logo
About the Broker Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves... Know more about Anand Rathi Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE. Finvasia is the only broker ... Know more about Finvasia Securities Pvt Ltd
Account Type NRI Account NRI Account
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback.

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

Anand Rathi Vs Finvasia Charges

  Anand Rathi Finvasia
NRI Account Opening Fees Rs 0 ₹199
NRI Account AMC Rs 0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 450 (1st year free) Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Anand Rathi Account

Expand

Anand Rathi Vs Finvasia NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account Finvasia NRI Account
Equity Delivery 0.30% ₹0
Equity Futures 0.03% ₹0
Equity Options Rs 50 per lot ₹0
Open Anand Rathi Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat AMC: Rs 450 per year ₹0
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

Anand Rathi Vs Finvasia NRI Account Taxes/Fees

  Anand Rathi Finvasia
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

Anand Rathi Vs Finvasia NRI Account Margin

  Anand Rathi Margin Finvasia 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

Anand Rathi and Finvasia NRI Account Features

  Anand Rathi Finvasia
3-in-1 Account No No
Automated Trading No Yes
Free Research And Tips Yes No
Other Features
Open Anand Rathi Account

Expand

Anand Rathi Vs Finvasia NRI Account Review

  Anand Rathi Review Finvasia Review
  16 Customer Reviews    Rate Anand Rathi 50 Customer Reviews    Rate Finvasia
Fees 3.3 4.8
Brokerage 3.3 4.9
Trading Platform 3.1 3.6
Customer Service 3.4 4.3
Overall Rating Rated 3.1 stars Rated 4.5 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 16 customer reviews Finvasia is Rated 4.5 / 5 based on 50 customer reviews
Open Anand Rathi Account

Expand

Contact Broker / Request A Call Back

  Anand Rathi Enquire Finvasia Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback. 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.
*

Anand Rathi Vs Finvasia NRI Investment Options

  Anand Rathi Finvasia
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options

Expand

Anand Rathi Vs Finvasia NRI Customer Service

  Anand Rathi Finvasia
Customer Care Number 0291 666 1001 +91 172 667 0000
Customer Care Email nridesk@rathi.com contactus@finvasia.com
Open Anand Rathi Account

Expand

Anand Rathi Vs Finvasia Order Type Offered for NRI Account

  Anand Rathi Finvasia
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No

Expand

Anand Rathi Vs Finvasia - NRI Account Advantages and Disadvantages

  Anand Rathi Finvasia
Pros
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
  • Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
  • Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
  • NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
Cons
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
  • Finvasia charges technology costs to provide access to some of the trading platforms.
  • It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
  • Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
Conclusion

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.

Promo / Offers

Anand Rathi Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • Discount voucher upto Rs 10,000 from Top Brands.

This is a limited-time offer. Simply leave your contact information with us and Anand Rathi representatives will contact you.

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 Anand Rathi Account

Comments

Add a public comment...

Compare More Brokers: