The side-by-side comparison of ICICI Direct and Sharekhan NRI Account. Compare ICICI Direct Vs Sharekhan NRI Account brokerage charges, exposure margin, demat account and AMC. Read Sharekhan and ICICI Direct NRI Account reviews.
Find out ICICI Direct Vs Sharekhan which is better NRI Trading Account. See ICICI Direct Vs Sharekhan which is best NRI Demat Account.
Our ICICI Securities Pvt Ltd. comparison with Sharekhan highlights the major differences between two brokers. Find the best between ICICI Direct and Sharekhan NRI Account.
ICICI Direct | Sharekhan | |
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NRI Account Opening Fees | ₹4000 | ₹2000 |
NRI Account AMC | ₹0 | ₹3000 |
NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
NRI Demat Account AMC | Rs 700 (from 2nd year) | Rs 400 (Free for 1st year) |
PIS Account AMC | ||
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
ICICI Direct | Sharekhan | |
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Account Type | NRI Account | Sharekhan NRI Account |
Equity Delivery | 0.50% - 1.25% | 0.50% |
Equity Futures | 0.03% - 0.05% | 0.1% on first leg and 0.02% on second leg |
Equity Options | ₹70 to ₹95 | ₹250 per contract note |
Contract Note Reporting Charges | ||
Other Brokerage Charges | PIS Acct AMC: ₹1000 | |
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% |
ICICI Direct | Sharekhan | |
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Securities Transaction Tax (STT) |
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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. |
ICICI Direct | Sharekhan | |
---|---|---|
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.
ICICI Direct | Sharekhan | |
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Contact Broker |
ICICI Direct | Sharekhan | |
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Cons |
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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. |
Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings. |
Promo / Offers |
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