ICICI Direct Vs Beeline NRI Account Comparison

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

Find out ICICI Direct Vs Beeline which is better NRI Trading Account. See ICICI Direct Vs Beeline which is best NRI Demat Account.

Our ICICI Securities Pvt Ltd. comparison with Beeline Broking Limited highlights the major differences between two brokers. Find the best between ICICI Direct and Beeline NRI Account.

Expand

ICICI Direct Vs Beeline

  ICICI Direct Beeline
 
ICICI Securities Pvt Ltd. Logo Beeline Broking 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. 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
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Beeline. Leave your contact info and we will get in touch with you.
Expand

ICICI Direct Vs Beeline Charges

  ICICI Direct Beeline
NRI Account Opening Fees ₹4000 ₹876
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees ₹0 Nil
NRI Demat Account AMC ₹700 Zero AMC with one time ₹876 fee
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

ICICI Direct Vs Beeline NRI Account Brokerage Comparison

Brokerage Plan

  ICICI Direct Beeline
Account Type NRI Account NRI Account
Equity Delivery 0.50% - 1.25% 0.40%
Equity Futures 0.03% - 0.05% NA
Equity Options ₹70 to ₹95 NA

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%
Expand

ICICI Direct Vs Beeline NRI Account Taxes/Fees

  ICICI Direct 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 ₹15 per Crore ₹15 per 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.
Expand

ICICI Direct Vs Beeline NRI Account Exposure Margin

  ICICI Direct Beeline
Equity Delivery 1x (100%)
Equity Futures 1x (100%)
Equity Options 1x (100%)
Expand

ICICI Direct and Beeline NRI Account Feature Comparison

  ICICI Direct Beeline
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Expand

ICICI Direct Vs Beeline NRI Account Review

  ICICI Direct Beeline
  413 Customer Reviews    Rate ICICI Direct 2 Customer Reviews    Rate Beeline
Fees 2.3 4.5
Brokerage 1.7 4.5
Trading Platform 3.4 3.0
Customer Service 2.8 3.5
Overall Rating Rated 2.4 stars Rated 4.0 stars
Broker Rating ICICI Direct is Rated 2.4 / 5 based on 413 customer reviews Beeline is Rated 4.0 / 5 based on 2 customer reviews
*

Contact Broker / Request A Call Back

  ICICI Direct Beeline
Contact Broker
*

ICICI Direct Vs Beeline NRI Investment Options

  ICICI Direct Beeline
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options ETF, Corporate Bonds, NCD, FD, Insurance
Expand

ICICI Direct Vs Beeline NRI Customer Service

  ICICI Direct Beeline
Customer Care Number +91-22-28307780 079-66664040
Customer Care Email nri@icicidirect.com connect@beelinebroking.com
Expand

ICICI Direct Vs Beeline Order Type Offered for NRI Account

  ICICI Direct Beeline
Bracket Order Yes No
Cover Order Yes No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
Expand

ICICI Direct Vs Beeline - NRI Account Advantages and Disadvantages

  ICICI Direct Beeline
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.
  • Offer NSE NOW and ODIN trading platform.
  • Beeline charges lower brokerage than full-service brokers.
  • Provides technical and fundamental analysis.
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.
  • 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

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.

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.

Promo / Offers
Expand

ICICI Direct Vs Beeline - More Reviews

  ICICI Direct Beeline
NRI Trading Review ICICI Direct NRI Account Review Beeline NRI Account Review
Enquire ICICI Direct Enquire Beeline
Compare
ICICI Direct Vs Zerodha
ICICI Direct Vs HDFC Securities
ICICI Direct Vs Sharekhan
ICICI Direct Vs AxisDirect
ICICI Direct Vs Angel Broking
ICICI Direct Vs Kotak Securities
ICICI Direct Vs Motilal Oswal
ICICI Direct Vs Karvy
ICICI Direct Vs IIFL
ICICI Direct Vs SBI Securities
ICICI Direct Vs Geojit
ICICI Direct Vs Religare
ICICI Direct Vs SMC Global
ICICI Direct Vs 5paisa
ICICI Direct Vs Ventura
ICICI Direct Vs Anand Rathi
ICICI Direct Vs Indiabulls
ICICI Direct Vs Aditya Birla Money
ICICI Direct Vs TradingBells
ICICI Direct Vs IDBI Capital
ICICI Direct Vs Tradeplus
ICICI Direct Vs Tradejini
ICICI Direct Vs Alice Blue
ICICI Direct Vs Wisdom Capital
ICICI Direct Vs Finvasia
ICICI Direct Vs Prostocks
ICICI Direct Vs Just Trade
ICICI Direct Vs Compositedge
ICICI Direct Vs Achiievers
ICICI Direct Vs Trustline
ICICI Direct Vs Yes Securities
Beeline Vs Zerodha
Beeline Vs HDFC Securities
Beeline Vs Sharekhan
Beeline Vs AxisDirect
Beeline Vs Angel Broking
Beeline Vs Kotak Securities
Beeline Vs Motilal Oswal
Beeline Vs Karvy
Beeline Vs IIFL
Beeline Vs SBI Securities
Beeline Vs Geojit
Beeline Vs Religare
Beeline Vs SMC Global
Beeline Vs 5paisa
Beeline Vs Ventura
Beeline Vs Anand Rathi
Beeline Vs Indiabulls
Beeline Vs Aditya Birla Money
Beeline Vs TradingBells
Beeline Vs IDBI Capital
Beeline Vs Tradeplus
Beeline Vs Tradejini
Beeline Vs Alice Blue
Beeline Vs Wisdom Capital
Beeline Vs Finvasia
Beeline Vs Prostocks
Beeline Vs Just Trade
Beeline Vs Compositedge
Beeline Vs Achiievers
Beeline Vs Trustline
Beeline Vs Yes Securities






Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App