IDBI Capital Vs IIFL Securities NRI Account Comparison
The side-by-side comparison of IDBI Capital and IIFL Securities NRI Account. Compare IDBI Capital Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and IDBI Capital NRI Account reviews.
Find out IDBI Capital Vs IIFL Securities which is better NRI Trading Account. See IDBI Capital Vs IIFL Securities which is best NRI Demat Account.
Our IDBI Capital Markets and Securities Ltd comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and IIFL Securities NRI Account.
IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha...
IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua...
Account Type
NRI Trading
NRI Account
Special Offer
Zerodha (Flat Rs 20 Per Trade)
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.
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.
IDBI Capital Vs IIFL Securities NRI Account Margin
IDBI Capital Margin
IIFL 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.
IDBI Capital and IIFL Securities NRI Account Features
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.
Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
IDBI Capital Vs IIFL Securities NRI Investment Options
IDBI Capital
IIFL Securities
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
IDBI Capital Vs IIFL Securities NRI Customer Service
IDBI Capital Vs IIFL Securities Order Type Offered for NRI Account
IDBI Capital
IIFL Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
IDBI Capital Vs IIFL Securities - NRI Account Advantages and Disadvantages
IDBI Capital
IIFL Securities
Pros
Offers 3-in-1 accounts which makes the trading experience fast and smooth.
Provides research and recommendation tips.
Offers instant online account opening facility.
Works as a custodial to settle equity derivatives trades for NRIs.
Offers in-house mutual funds under different segments.
After Market Order (AMO) facility.
Equity SIP is available.
Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
Online account opening process for NRIs.
Convenient Mutual Fund investment through a mobile app or website.
Part of IIFL Group, a financial services conglomerate.
Cons
Brokerage charges are comparatively higher than discount brokers.
Online trading is not available to USA and Canada based NRIs.
Offers comparatively lower interest rates on NRI savings bank account.
Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
Conclusion
IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.
IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds