The side-by-side comparison of Anand Rathi and Fyers NRI Account. Compare Anand Rathi Vs Fyers NRI Account brokerage charges, exposure margin, demat account and AMC. Read Fyers and Anand Rathi NRI Account reviews.
Find out Anand Rathi Vs Fyers which is better NRI Trading Account. See Anand Rathi Vs Fyers which is best NRI Demat Account.
Our Anand Rathi comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Anand Rathi and Fyers NRI Account.
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...
Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines.
It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...
Account Type
NRI Account
NRI Account
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
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.
Anand Rathi Vs Fyers NRI Account Margin
Anand Rathi Margin
Fyers 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.
Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
Anand Rathi Vs Fyers Order Type Offered for NRI Account
Anand Rathi
Fyers
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Anand Rathi Vs Fyers - NRI Account Advantages and Disadvantages
Anand Rathi
Fyers
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.
Free online account opening and AMC charges
Free equity delivery trading. No brokerage for cash & carry trades.
Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
No hidden charges. Very transparent fees/charges.
In-house build trading platform offers flexibility to implement new features/services quickly.
All trading software is available for free of charge.
Fyers NRI account holders get access to research reports and economic calendar
Refer your friends and earn 20% of the revenues generated by your friends, for life!
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.
Fyers NRI account holders are not allowed to invest in currency derivatives.
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.
Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.