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Anand Rathi Vs Trustline NRI Account Comparison

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

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

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

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Anand Rathi Vs Trustline

  Anand Rathi Trustline
 
  Anand Rathi Logo Trustline Securities 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 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 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.


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Anand Rathi Vs Trustline Charges

  Anand Rathi Trustline
NRI Account Opening Fees Rs 0 ₹0
NRI Account AMC Rs 0 ₹1000 + GST
NRI Demat Account Opening Fees Rs 0 (Free) Regular: Rs 0, Lifetime Free AMC: Rs 1000
NRI Demat Account AMC Rs 450 (1st year free) 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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Anand Rathi Vs Trustline NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account Trustline
Equity Delivery 0.30% 0.03 (3 paise)
Equity Futures 0.03% 0.30 (30 paise)
Equity Options Rs 50 per lot ₹75 per lot
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Other Charges

Contract Note Reporting Charges NA ₹0
Other Brokerage Charges Demat AMC: Rs 450 per year
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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Anand Rathi Vs Trustline NRI Account Taxes/Fees

  Anand Rathi 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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Anand Rathi Vs Trustline NRI Account Margin

  Anand Rathi 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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Anand Rathi and Trustline NRI Account Features

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

  Anand Rathi Review Trustline Review
  16 Customer Reviews    Rate Anand Rathi 3 Customer Reviews    Rate Trustline
Fees 3.3 3.3
Brokerage 3.3 2.7
Trading Platform 3.1 3.7
Customer Service 3.4 3.3
Overall Rating Rated 3.1 stars Rated 3.3 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 16 customer reviews Trustline is Rated 3.3 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire Trustline 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.
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Anand Rathi Vs Trustline NRI Investment Options

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

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Anand Rathi Vs Trustline NRI Customer Service

  Anand Rathi Trustline
Customer Care Number 0291 666 1001 (0120) 4613-888
Customer Care Email nridesk@rathi.com helpdesk@trustline.in
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Anand Rathi Vs Trustline Order Type Offered for NRI Account

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

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Anand Rathi Vs Trustline - NRI Account Advantages and Disadvantages

  Anand Rathi Trustline
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.
  • 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
  • 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.
  • 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

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.

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

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.

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