ICICIdirect Vs Yes Securities NRI Account Comparison
The side-by-side comparison of ICICIdirect and Yes Securities NRI Account. Compare ICICIdirect Vs Yes Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Yes Securities and ICICIdirect NRI Account reviews.
Find out ICICIdirect Vs Yes Securities which is better NRI Trading Account. See ICICIdirect Vs Yes Securities which is best NRI Demat Account.
Our ICICI Securities Pvt Ltd. comparison with Yes Securities Limited highlights the major differences between two brokers. Find the best between ICICIdirect and Yes Securities NRI Account.
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...
Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic...
Account Type
NRI Account
NRI Investment Account
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
Zerodha (Trade with the best stock broker)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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.
ICICIdirect Vs Yes Securities NRI Account Margin
ICICIdirect Margin
Yes Securities 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.
ICICIdirect and Yes Securities NRI Account Features
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
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
ICICIdirect Vs Yes Securities NRI Investment Options
ICICIdirect
Yes Securities
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
ETF, Corporate Bonds, NCD, FD, Insurance
ICICIdirect Vs Yes Securities NRI Customer Service
ICICIdirect Vs Yes Securities Order Type Offered for NRI Account
ICICIdirect
Yes Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
ICICIdirect Vs Yes Securities - NRI Account Advantages and Disadvantages
ICICIdirect
Yes Securities
Pros
India's leading stockbroker. Part of the prestigious ICICI group, a financial services conglomerate.
ICICI 3-in-1 NRI Account offers the easiest online trading experience.
It offers an online trading facility with automatic fund transfer and PIS reporting.
Invest online in Mutual Fund, NCD, FD, IPO, etc.
GTC (or GTD, VTD) and AMO order types are available for placing orders in non-trading hours.
It has a very stable trading platform.
Offers NRI 3-in-1 account. Open all the three accounts at one shot.
Provide free research tips and recommendations to all the customers including NRI.
Dedicated relationship manager
Earn 6% per annum interest on savings bank account balance.
Cons
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.
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.
NRIs from the UK (United Kingdom) cannot invest in IPO and Mutual Fund through ICICIDirect.com
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.
Charges higher brokerage in comparison to the discount brokers.
Yes securities don't offer trading terminal and automated trading facility.
Doesn't have a 24/7 customer support desk.
NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).
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.
Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.
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