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Geojit Vs Alice Blue NRI Account Comparison

The side-by-side comparison of Geojit and Alice Blue NRI Account. Compare Geojit Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and Geojit NRI Account reviews.

Find out Geojit Vs Alice Blue which is better NRI Trading Account. See Geojit Vs Alice Blue which is best NRI Demat Account.

Our Geojit BNP Paribas comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Geojit and Alice Blue NRI Account.

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Geojit Vs Alice Blue

  Geojit Alice Blue
 
  Geojit BNP Paribas Logo Alice Blue Financial Services Logo
About the Broker Geojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ... Know more about Geojit BNP Paribas Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with... Know more about Alice Blue Financial Services
Account Type NA
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Geojit Vs Alice Blue Charges

  Geojit Alice Blue
NRI Account Opening Fees NA
NRI Account AMC NA
NRI Demat Account Opening Fees NIL Rs 0
NRI Demat Account AMC Rs 700 Rs 400
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Geojit Vs Alice Blue NRI Account Brokerage Comparison

Account Type Geojit Alice Blue NA
Equity Delivery NA
Equity Futures NA
Equity Options NA
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges 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%
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Geojit Vs Alice Blue NRI Account Taxes/Fees

  Geojit Alice Blue
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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Geojit Vs Alice Blue NRI Account Margin

  Geojit Margin Alice Blue 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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Geojit and Alice Blue NRI Account Features

  Geojit Alice Blue
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features
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Geojit Vs Alice Blue NRI Account Review

  Geojit Review Alice Blue Review
  102 Customer Reviews    Rate Geojit 32 Customer Reviews    Rate Alice Blue
Fees 3.6 3.8
Brokerage 3.3 3.7
Trading Platform 4.0 3.6
Customer Service 3.8 3.0
Overall Rating Rated 3.7 stars Rated 3.4 stars
Broker Rating Geojit is Rated 3.7 / 5 based on 102 customer reviews Alice Blue is Rated 3.4 / 5 based on 32 customer reviews
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Contact Broker / Request A Call Back

  Geojit Enquire Alice Blue Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.
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Geojit Vs Alice Blue NRI Investment Options

  Geojit Alice Blue
Stocks Yes No
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Other Investment Options

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Geojit Vs Alice Blue NRI Customer Service

  Geojit Alice Blue
Customer Care Number +91 0484 3911777
Customer Care Email customercare@geojit.com
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Geojit Vs Alice Blue Order Type Offered for NRI Account

  Geojit Alice Blue
Bracket Order No
Cover Order No
After Market Order(AMO) No
Good Till Cancelled (GTC) No

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Geojit Vs Alice Blue - NRI Account Advantages and Disadvantages

  Geojit Alice Blue
Pros
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
Cons
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
  • Alice Blue does not offer NRI trading and demat account.
Conclusion

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

Promo / Offers

Free Equity Delivery Trade + FREE Account Opening

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.

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