Fyers Vs IDBI Capital NRI Account Comparison

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.

1. Free online account opening and AMC charges
2. Free equity delivery trading. No brokerage for cash & carry trades.
3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
4. No hidden charges. Very transparent fees/charges.
5. In-house build trading platform offers flexibility to implement new features/services quickly.
6. All trading software is available for free of charge.
7. Fyers NRI account holders get access to research reports and economic calendar
8. Refer your friends and earn 20% of the revenues generated by your friends, for life!

• 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.

1. Fyers NRI account holders are not allowed to invest in currency derivatives.

• 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.

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.

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.