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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.

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ICICIdirect Vs Yes Securities

  ICICIdirect Yes Securities
 
ICICI Securities Pvt Ltd. Logo Yes Securities 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. 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... Know more about Yes Securities Limited
Account Type NRI Account NRI Investment Account
Broker Enquiry Open an Online Trading Account with ICICIdirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Yes Securities. Leave your contact info and we will get in touch with you.
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ICICIdirect Vs Yes Securities Charges

  ICICIdirect Yes Securities
NRI Account Opening Fees ₹4000
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 300 (from 2nd year) Rs 500
PIS Account AMC ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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ICICIdirect Vs Yes Securities NRI Account Brokerage Comparison

Brokerage Plan

  ICICIdirect Yes Securities
Account Type NRI Account NRI Investment Account
Equity Delivery 0.50% - 1.25%
Equity Futures 0.03% - 0.05% ₹100 per contact
Equity Options ₹70 to ₹95 ₹100 per contact

Other Charges

Contract Note Reporting Charges ₹100 per contact note
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 Yes Securities NRI Account Taxes/Fees

  ICICIdirect Yes Securities
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 Yes Securities NRI Account Exposure Margin

  ICICIdirect Yes Securities
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 Yes Securities NRI Account Feature Comparison

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

  ICICIdirect Yes Securities
  453 Customer Reviews    Rate ICICIdirect 2 Customer Reviews    Rate Yes Securities
Fees 2.2 3.0
Brokerage 1.7 1.0
Trading Platform 3.3 3.0
Customer Service 2.7 3.0
Overall Rating Rated 2.4 stars Rated 2.0 stars
Broker Rating ICICIdirect is Rated 2.4 / 5 based on 453 customer reviews Yes Securities is Rated 2.0 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  ICICIdirect Yes Securities
Contact Broker
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ICICIdirect Vs Yes Securities NRI Investment Options

  ICICIdirect Yes Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options ETF, Corporate Bonds, NCD, FD, Insurance
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ICICIdirect Vs Yes Securities NRI Customer Service

  ICICIdirect Yes Securities
Customer Care Number +91-22-28307780 +91 22 7112 3123
Customer Care Email nri@icicidirect.com customer.service@ysil.in
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ICICIdirect Vs Yes Securities Order Type Offered for NRI Account

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

  ICICIdirect Yes Securities
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.
  • 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
  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.
  • 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.

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ICICIdirect Vs Yes Securities - More Reviews

  ICICIdirect Yes Securities
NRI Trading Review ICICIdirect NRI Account Review Yes Securities NRI Account Review
Enquire ICICIdirect Enquire Yes Securities
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