The side-by-side comparison of Fyers and IIFL Securities NRI Account. Compare Fyers Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and Fyers NRI Account reviews.
Find out Fyers Vs IIFL Securities which is better NRI Trading Account. See Fyers Vs IIFL Securities which is best NRI Demat Account.
Our Fyers Securities Ltd comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between Fyers and IIFL Securities NRI Account.
Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines.
It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...
IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua...
Account Type
NRI Account
NRI Account
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.
Fyers Vs IIFL Securities NRI Account Margin
Fyers Margin
IIFL 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.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Fyers Vs IIFL Securities Order Type Offered for NRI Account
Fyers
IIFL Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Fyers Vs IIFL Securities - NRI Account Advantages and Disadvantages
Fyers
IIFL Securities
Pros
Free online account opening and AMC charges
Free equity delivery trading. No brokerage for cash & carry trades.
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.
No hidden charges. Very transparent fees/charges.
In-house build trading platform offers flexibility to implement new features/services quickly.
All trading software is available for free of charge.
Fyers NRI account holders get access to research reports and economic calendar
Refer your friends and earn 20% of the revenues generated by your friends, for life!
Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
Online account opening process for NRIs.
Convenient Mutual Fund investment through a mobile app or website.
Part of IIFL Group, a financial services conglomerate.
Cons
Fyers NRI account holders are not allowed to invest in currency derivatives.
Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
Conclusion
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.
IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.
Promo / Offers
Fyers Special Offer
Free Equity Delivery Trading and Mutual Funds
Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
Brokerage-free Direct Mutual Fund investment.
Trade with one of the best trading platforms in India.