Geojit Vs Trustline NRI Account Comparison

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

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

Our Geojit BNP Paribas comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Geojit and Trustline NRI Account.

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Geojit Vs Trustline

  Geojit Trustline
 
Geojit BNP Paribas Logo Trustline Securities Ltd 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 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
Broker Enquiry Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trustline. Leave your contact info and we will get in touch with you.
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Geojit Vs Trustline Charges

  Geojit Trustline
NRI Account Opening Fees ₹0
NRI Account AMC ₹1000 + GST
NRI Demat Account Opening Fees NIL Regular: ₹0, Lifetime Free AMC: ₹1000
NRI Demat Account AMC ₹0 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Geojit Vs Trustline NRI Account Brokerage Comparison

Brokerage Plan

  Geojit Trustline
Account Type
Equity Delivery 0.03 (3 paise)
Equity Futures 0.30 (30 paise)
Equity Options ₹75 per lot

Other Charges

Contract Note Reporting Charges ₹0
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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Geojit Vs Trustline NRI Account Taxes/Fees

  Geojit 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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Geojit Vs Trustline NRI Account Exposure Margin

  Geojit Trustline
Equity Delivery
Equity Futures
Equity Options
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Geojit and Trustline NRI Account Feature Comparison

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

  Geojit Trustline
  98 Customer Reviews    Rate Geojit 1 Customer Reviews    Rate Trustline
Fees 3.7 4.0
Brokerage 3.3 3.0
Trading Platform 4.1 4.0
Customer Service 3.8 4.0
Overall Rating Rated 3.8 stars Rated 4.0 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 98 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Geojit Trustline
Contact Broker
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Geojit Vs Trustline NRI Investment Options

  Geojit Trustline
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options
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Geojit Vs Trustline NRI Customer Service

  Geojit Trustline
Customer Care Number +91 0484 3911777 (0120) 4613-888
Customer Care Email customercare@geojit.com helpdesk@trustline.in
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Geojit Vs Trustline Order Type Offered for NRI Account

  Geojit Trustline
Bracket Order No
Cover Order Yes
After Market Order(AMO) No
Good Till Cancelled (GTC) No
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Geojit Vs Trustline - NRI Account Advantages and Disadvantages

  Geojit Trustline
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.
  • 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
  • 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.
  • 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

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.

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
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Geojit Vs Trustline - More Reviews

  Geojit Trustline
NRI Trading Review Geojit NRI Account Review Trustline NRI Account Review
Enquire Geojit Enquire Trustline
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