Stoxkart Vs Fyers NRI Account Comparison

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.

1. Good online trading platforms
2. Charges fixed brokerage of ₹200 per order across segments
3. Offers POs & Mutual Fund services to NRI customers.
4. Tie-up with Axis, HDFC, Yes and IndusInd banks for PIS
5. Services also available for US and Canada based NRIs. Many brokers don't offer services to US and Canada based NRIs due to extra compliance.

1. Free online account opening and AMC charges
2. Free equity delivery trading. No brokerage for cash & carry trades.
3. 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.
4. No hidden charges. Very transparent fees/charges.
5. In-house build trading platform offers flexibility to implement new features/services quickly.
6. All trading software is available for free of charge.
7. Fyers NRI account holders get access to research reports and economic calendar
8. Refer your friends and earn 20% of the revenues generated by your friends, for life!

1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to the Stoxkart trading account before trading.

1. Fyers NRI account holders are not allowed to invest in currency derivatives.

Stoxkart comes across as a good choice for NRIs looking to invest in stock markets in India. The company offers good proprietary and 3rd party trading platforms and tools. It offers IPO and mutual fund investment services to meet the varied investment needs of NRIs. A simple flat-fee brokerage model of ₹200 per order makes it an attractive proposition for high-volume NRI traders who would have paid a lot more brokerage with a traditional stock 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.