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ICICIdirect Vs Angel One NRI Account Comparison

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

Find out ICICIdirect Vs Angel One which is better NRI Trading Account. See ICICIdirect Vs Angel One which is best NRI Demat Account.

Our ICICI Securities Pvt Ltd. comparison with Angel One Limited highlights the major differences between two brokers. Find the best between ICICIdirect and Angel One NRI Account.

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ICICIdirect Vs Angel One

  ICICIdirect Angel One
 
  ICICI Securities Pvt Ltd. Logo Angel One Limited Logo
About the Broker ICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account. The ICICI 3 in 1 Account for NRI enab... Know more about ICICI Securities Pvt Ltd. Angel One, a leading full-service stock broker in India, offers online trading to both resident and non-resident Indians (NRIs). Angel One offers 2-in-1 accounts to NRIs combining a trading and a demat account linked to each other. NRIs can use the a... Know more about Angel One Limited
Account Type NRI Account Angel iTrade PRIME
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.

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ICICIdirect Vs Angel One Charges

  ICICIdirect Angel One
NRI Account Opening Fees ₹4000 ₹0
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 300 (from 2nd year) Rs 240
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open ICICIdirect AccountOpen Angel One Account

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ICICIdirect Vs Angel One NRI Account Brokerage Comparison

Account Type ICICIdirect NRI Account Angel One Angel iTrade PRIME
Equity Delivery 0.50% - 1.25%
Equity Futures 0.03% - 0.05%
Equity Options ₹70 to ₹95
Open ICICIdirect AccountOpen Angel One Account

Other Charges

Contract Note Reporting Charges 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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ICICIdirect Vs Angel One NRI Account Taxes/Fees

  ICICIdirect Angel One
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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ICICIdirect Vs Angel One NRI Account Margin

  ICICIdirect Margin Angel One 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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ICICIdirect and Angel One NRI Account Features

  ICICIdirect Angel One
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Open ICICIdirect AccountOpen Angel One Account

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ICICIdirect Vs Angel One NRI Account Review

  ICICIdirect Review Angel One Review
  463 Customer Reviews    Rate ICICIdirect 261 Customer Reviews    Rate Angel One
Fees 2.2 3.0
Brokerage 1.7 3.0
Trading Platform 3.3 3.1
Customer Service 2.7 2.6
Overall Rating Rated 2.4 stars Rated 2.7 stars
Broker Rating ICICIdirect is Rated 2.4 / 5 based on 463 customer reviews Angel One is Rated 2.7 / 5 based on 261 customer reviews
Open ICICIdirect AccountOpen Angel One Account

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Contact Broker / Request A Call Back

  ICICIdirect Enquire Angel One Enquire
Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.
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ICICIdirect Vs Angel One NRI Investment Options

  ICICIdirect Angel One
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes No
Other Investment Options ETF, Corporate Bonds, NCD, FD, Insurance

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ICICIdirect Vs Angel One NRI Customer Service

  ICICIdirect Angel One
Customer Care Number +91-22-28307780 022-33551111/022-42185454
Customer Care Email nri@icicidirect.com support@angelbroking.com
Open ICICIdirect AccountOpen Angel One Account

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ICICIdirect Vs Angel One Order Type Offered for NRI Account

  ICICIdirect Angel One
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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ICICIdirect Vs Angel One - NRI Account Advantages and Disadvantages

  ICICIdirect Angel One
Pros
  1. India's leading stockbroker. Part of the prestigious ICICI group, a financial services conglomerate.
  2. ICICI 3-in-1 NRI Account offers the easiest online trading experience.
  3. It offers an online trading facility with automatic fund transfer and PIS reporting.
  4. Invest online in Mutual Fund, NCD, FD, IPO, etc.
  5. GTC (or GTD, VTD) and AMO order types are available for placing orders in non-trading hours.
  6. It has a very stable trading platform.
  1. The flat-fee stock broker offers trading at a low brokerage charge.
  2. Offers access to good trading software and tools.
  3. Offer solid research advisory services.
Cons
  1. While ICICI trading platform gets the job done, it is very old trading software with poor user experience in comparison to the next generation online brokers like Zerodha, upstox, and 5paisa.
  2. The equity delivery brokerage is higher in comparison to discount brokers like Zerodha. With ICICI, a buy order or Rs 1 lakhs will cost Rs 1250 (1.25%) in brokerage. The same order at Zerodha cost Rs 200 in brokerage.
  3. NRIs from the UK (United Kingdom) cannot invest in IPO and Mutual Fund through ICICIDirect.com
  4. ICICI Bank doesn't offer online account opening to NRIs apart from customers from the US. Online account opening is also not available to Minor NRIs from the US.
  1. Doesn't offer 3-in-1 accounts. Only offer 2-in-1 account combining trading and demat accounts. So, NRIs to first transfer funds from their PIS account to Angel One trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
Conclusion

ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings.

Angel One comes across as a decent choice for NRIs looking to trade in Indian stock markets. The company offers best-in-the-industry research services and trading recommendations to NRIs. It doesn't offer mutual fund investment services to NRIs. However, it charges a low flat-fee brokerage which makes it an attractive stock broker for NRIs.

Promo / Offers

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

Angel One Special Offer

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Open ICICIdirect AccountOpen Angel One Account

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