The side-by-side comparison of Zerodha and Indira Securities NRI Account. Compare Zerodha Vs Indira Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Indira Securities and Zerodha NRI Account reviews.
Find out Zerodha Vs Indira Securities which is better NRI Trading Account. See Zerodha Vs Indira Securities which is best NRI Demat Account.
Our Zerodha comparison with Indira Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Zerodha and Indira Securities NRI Account.
| Zerodha | Indira Securities | |
|---|---|---|
 |  | |
| About the Broker | Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... | Indira Securities does not offer NRI trading and demat account. |
| Account Type | NRI Account | NA |
| Special Offer | Special Offer: Instant Free Account Opening| Free Equity Delivery & Mutual Funds| ₹20/trade on Intraday & F&O India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Zerodha | Indira Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹500 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 300 | Rs 450 (Free for 1st year) |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Zerodha Account |
| Account Type | Zerodha NRI Account | Indira Securities NA |
|---|---|---|
| Equity Delivery | Non-PIS account, 0.5% or ₹50 per executed order | NA |
| Equity Futures | Non-PIS account, 0.5% or ₹50 per executed order | NA |
| Equity Options | Non-PIS account, 0.5% or ₹50 per executed order | NA |
| Open Zerodha Account |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | Demat Account AMC: ₹500 yearly | 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% |
| Zerodha | Indira Securities | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| Zerodha Margin | Indira 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. | ||
| Zerodha | Indira Securities | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Zerodha Account |
| Zerodha Review | Indira Securities Review | |
|---|---|---|
492 Customer Reviews  | 4 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | | |
| Customer Service |  |  |
| Overall Rating | | |
| Broker Rating | Zerodha is Rated 3.6 / 5 based on 492 customer reviews | Indira Securities is Rated 4.0 / 5 based on 4 customer reviews |
| Open Zerodha Account |
| Zerodha Enquire | Zerodha Enquire | |
|---|---|---|
| Contact Broker | Instant Free Account Opening| Free Equity Delivery & Mutual Funds| ₹20/trade on Intraday & F&O India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Zerodha | Indira Securities | |
|---|---|---|
| Stocks |  | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Zerodha | Indira Securities | |
|---|---|---|
| Customer Care Number | +91 80 4718 1888 | 9300046581 |
| Customer Care Email | nridesk@zerodha.com | NRIDesk@indiratrade.com |
| Open Zerodha Account |
| Zerodha | Indira Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Zerodha | Indira Securities | |
|---|---|---|
| Pros |
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Conclusion | Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs. | |
| Promo / Offers | ZerodhaSpecial OfferInvest Smarter with India’s Leading Discount Broker
| Indira SecuritiesSpecial OfferFree Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
| Open Zerodha Account |
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