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Anand Rathi Vs Beeline NRI Account Comparison

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

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

Our Anand Rathi comparison with Beeline Broking Limited highlights the major differences between two brokers. Find the best between Anand Rathi and Beeline NRI Account.

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Anand Rathi Vs Beeline

  Anand Rathi Beeline
 
  Anand Rathi Logo Beeline Broking Limited Logo
About the Broker Anand Rathi provides a wide range of trading and investment services to the resident as well as NRI investors. It offers a 2-in-1 account, combining trading and demat accounts, for NRIs to trade in equity, equity derivatives, mutual funds, and IPOs... Know more about Anand Rathi Beeline Broking is an online discount broker offering NRI trading services. The company offers a 2-in-1 account to NRIs to invest in equities, IPOs, mutual funds and bonds. Beeline offers 3rd-party trading software to NRI and resident investors. It ... Know more about Beeline Broking Limited
Account Type NRI Account NRI Account
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Anand Rathi Vs Beeline Charges

  Anand Rathi Beeline
NRI Account Opening Fees ₹876
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Nil
NRI Demat Account AMC Rs 450 from second year onward Zero AMC with one time Rs 876 fee
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Anand Rathi Vs Beeline NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account Beeline NRI Account
Equity Delivery 0.40%
Equity Futures NA
Equity Options NA
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Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges
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 Beeline NRI Account Taxes/Fees

  Anand Rathi Beeline
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 Beeline NRI Account Margin

  Anand Rathi Margin Beeline 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 Beeline NRI Account Features

  Anand Rathi Beeline
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 Beeline NRI Account Review

  Anand Rathi Review Beeline Review
  14 Customer Reviews    Rate Anand Rathi 2 Customer Reviews    Rate Beeline
Fees 3.2 4.5
Brokerage 3.2 4.5
Trading Platform 3.0 3.0
Customer Service 3.4 3.5
Overall Rating Rated 3.1 stars Rated 4.0 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 14 customer reviews Beeline is Rated 4.0 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire Beeline Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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Anand Rathi Vs Beeline NRI Investment Options

  Anand Rathi Beeline
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Anand Rathi Vs Beeline NRI Customer Service

  Anand Rathi Beeline
Customer Care Number 0291 666 1001 079-66664040
Customer Care Email nridesk@rathi.com connect@beelinebroking.com
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Anand Rathi Vs Beeline Order Type Offered for NRI Account

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

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Anand Rathi Vs Beeline - NRI Account Advantages and Disadvantages

  Anand Rathi Beeline
Pros
  • 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.
  • Offer NSE NOW and ODIN trading platform.
  • Beeline charges lower brokerage than full-service brokers.
  • Provides technical and fundamental analysis.
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 NRI's Equity Derivatives (F&O) trading.
  • Doesn't offer AMO (After Market Order) and GTC (Good Till Cancelled) order.
  • It has only one office which is located at Ahmedabad.
Conclusion

Anand Rathi is a recommended choice for NRI investors who are ready to pay high brokerage for value-added services like good online trading software, online mutual fund services and research advisory etc. It 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 3rd party before opening the NRI trading and demat account with the broker.

Beeline Broking, an Ahmadabad based online stock broker doesn't provide any details about its NRI services on its website or over the call. The broker doesn't offer the facility to trade and invest in equity derivatives for NRIs. The company doesn't seem interested in NRI clients.

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