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Achiievers Vs IDBI Capital NRI Account Comparison

The side-by-side comparison of Achiievers and IDBI Capital NRI Account. Compare Achiievers Vs IDBI Capital NRI Account brokerage charges, exposure margin, demat account and AMC. Read IDBI Capital and Achiievers NRI Account reviews.

Find out Achiievers Vs IDBI Capital which is better NRI Trading Account. See Achiievers Vs IDBI Capital which is best NRI Demat Account.

Our Achiievers Equities Ltd comparison with IDBI Capital Markets and Securities Ltd highlights the major differences between two brokers. Find the best between Achiievers and IDBI Capital NRI Account.

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Achiievers Vs IDBI Capital

  Achiievers IDBI Capital
 
  Achiievers Equities Ltd Logo IDBI Capital Markets and Securities Ltd Logo
About the Broker Achiievers Equities Ltd is a discount broker offering investment services to the resident as well as non-resident investors. It offers a 2-in-1 account, integrating trading and demat accounts, for all types of investors. NRIs can use the account to t... Know more about Achiievers Equities Ltd IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha... Know more about IDBI Capital Markets and Securities Ltd
Account Type NRI Trading NRI Trading
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Achiievers Vs IDBI Capital Charges

  Achiievers IDBI Capital
NRI Account Opening Fees ₹1500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Nil NIL
NRI Demat Account AMC Rs 400 Rs 450
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Achiievers Vs IDBI Capital NRI Account Brokerage Comparison

Account Type Achiievers NRI Trading IDBI Capital NRI Trading
Equity Delivery 0.50% 0.50%
Equity Futures NA
Equity Options NA
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Processing Charge: ₹75 per transaction
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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Achiievers Vs IDBI Capital NRI Account Taxes/Fees

  Achiievers IDBI Capital
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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Achiievers Vs IDBI Capital NRI Account Margin

  Achiievers Margin IDBI Capital 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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Achiievers and IDBI Capital NRI Account Features

  Achiievers IDBI Capital
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Achiievers Vs IDBI Capital NRI Account Review

  Achiievers Review IDBI Capital Review
  5 Customer Reviews    Rate Achiievers 40 Customer Reviews    Rate IDBI Capital
Fees 4.6 3.2
Brokerage 5.0 2.6
Trading Platform 4.2 2.6
Customer Service 4.2 2.8
Overall Rating Rated 4.6 stars Rated 2.7 stars
Broker Rating Achiievers is Rated 4.6 / 5 based on 5 customer reviews IDBI Capital is Rated 2.7 / 5 based on 40 customer reviews
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Contact Broker / Request A Call Back

  Achiievers Enquire IDBI Capital Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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Achiievers Vs IDBI Capital NRI Investment Options

  Achiievers IDBI Capital
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Other Investment Options Equity SIP

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Achiievers Vs IDBI Capital NRI Customer Service

  Achiievers IDBI Capital
Customer Care Number +91 33 6606 3000 1800-22-3366, 022-3913 5001
Customer Care Email customer.care@achiieversequitiesltd.com custcare@idbidirect.in
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Achiievers Vs IDBI Capital Order Type Offered for NRI Account

  Achiievers IDBI Capital
Bracket Order No No
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No

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Achiievers Vs IDBI Capital - NRI Account Advantages and Disadvantages

  Achiievers IDBI Capital
Pros
  • A dedicated desk for NRI clients.
  • Provides diverse research reports for NRI investors based on their needs. Achiievers is one of the few discount brokers to offer research reports.
  • Offers access to NSE NOW trading platforms in mobile, installable trading terminal and web.
  • Offers 3-in-1 accounts which makes the trading experience fast and smooth.
  • Provides research and recommendation tips.
  • Offers instant online account opening facility.
  • Works as a custodial to settle equity derivatives trades for NRIs.
  • Offers in-house mutual funds under different segments.
  • After Market Order (AMO) facility.
  • Equity SIP is available.
Cons
  • Doesn't allow trade in the equity derivative segment.
  • Doesn't allow investment in mutual fund and IPO.
  • Charge a very high brokerage fee of 0.50% of the transaction value.
  • Brokerage charges are comparatively higher than discount brokers.
  • Online trading is not available to USA and Canada based NRIs.
  • Offers comparatively lower interest rates on NRI savings bank account.
Conclusion

Achiievers Equities is a discount stock broker but it doesn't offer discounted brokerage rates to NRIs. It also doesn't offer Equity F&O trading, Mutual Fund, IPO and Bonds. There are many other brokers available with better pricing, tools and multiple investment options under the same account.

IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.

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