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Anand Rathi Vs IIFL Securities NRI Account Comparison

The side-by-side comparison of Anand Rathi and IIFL Securities NRI Account. Compare Anand Rathi Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and Anand Rathi NRI Account reviews.

Find out Anand Rathi Vs IIFL Securities which is better NRI Trading Account. See Anand Rathi Vs IIFL Securities which is best NRI Demat Account.

Our Anand Rathi comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between Anand Rathi and IIFL Securities NRI Account.

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Anand Rathi Vs IIFL Securities

  Anand Rathi IIFL Securities
 
  Anand Rathi Logo IIFL Securities Ltd Logo
About the Broker Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves... Know more about Anand Rathi 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... Know more about IIFL Securities Ltd
Account Type NRI Account NRI Account
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback.
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.

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Anand Rathi Vs IIFL Securities Charges

  Anand Rathi IIFL Securities
NRI Account Opening Fees Rs 0 ₹750
NRI Account AMC Rs 0 ₹400 + GST
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 450 (1st year free) Rs 250 (Free for 1st year)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Anand Rathi AccountOpen IIFL Securities Account

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Anand Rathi Vs IIFL Securities NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account IIFL Securities NRI Account
Equity Delivery 0.30% 0.50%
Equity Futures 0.03%
Equity Options Rs 50 per lot
Open Anand Rathi AccountOpen IIFL Securities Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat AMC: Rs 450 per year
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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Anand Rathi Vs IIFL Securities NRI Account Taxes/Fees

  Anand Rathi IIFL 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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Anand Rathi Vs IIFL Securities NRI Account Margin

  Anand Rathi 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.


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Anand Rathi and IIFL Securities NRI Account Features

  Anand Rathi IIFL Securities
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Open Anand Rathi AccountOpen IIFL Securities Account

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Anand Rathi Vs IIFL Securities NRI Account Review

  Anand Rathi Review IIFL Securities Review
  16 Customer Reviews    Rate Anand Rathi 124 Customer Reviews    Rate IIFL Securities
Fees 3.3 2.8
Brokerage 3.3 2.6
Trading Platform 3.1 3.2
Customer Service 3.4 2.6
Overall Rating Rated 3.1 stars Rated 2.7 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 16 customer reviews IIFL Securities is Rated 2.7 / 5 based on 124 customer reviews
Open Anand Rathi AccountOpen IIFL Securities Account

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Contact Broker / Request A Call Back

  Anand Rathi Enquire IIFL Securities Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback. 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.
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Anand Rathi Vs IIFL Securities NRI Investment Options

  Anand Rathi IIFL Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Anand Rathi Vs IIFL Securities NRI Customer Service

  Anand Rathi IIFL Securities
Customer Care Number 0291 666 1001 +91 22 4007 1000
Customer Care Email nridesk@rathi.com cs@iifl.com
Open Anand Rathi AccountOpen IIFL Securities Account

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Anand Rathi Vs IIFL Securities Order Type Offered for NRI Account

  Anand Rathi IIFL Securities
Bracket Order Yes No
Cover Order Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No

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Anand Rathi Vs IIFL Securities - NRI Account Advantages and Disadvantages

  Anand Rathi IIFL Securities
Pros
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
  • 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
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
  • 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

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

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

Anand Rathi Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • Discount voucher upto Rs 10,000 from Top Brands.

This is a limited-time offer. Simply leave your contact information with us and Anand Rathi representatives will contact you.

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Open Anand Rathi AccountOpen IIFL Securities Account

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