ICICIdirect Vs Indira Securities NRI Account Comparison

ICICIdirect Vs Indira Securities

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

Find out ICICIdirect Vs Indira Securities which is better NRI Trading Account. See ICICIdirect Vs Indira Securities which is best NRI Demat Account.

Our ICICI Securities Pvt Ltd. comparison with Indira Securities Pvt Ltd highlights the major differences between two brokers. Find the best between ICICIdirect and Indira Securities NRI Account.

 ICICIdirectIndira Securities
 
 ICICIdirect LogoIndira Securities Logo
About the BrokerICICI 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 enabl...Know more about ICICI Securities Pvt Ltd.Indira Securities does not offer NRI trading and demat account.
Account TypeNRI AccountNA
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

ICICIdirect Vs Indira Securities Charges

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 ICICIdirectIndira Securities
NRI Account Opening Fees₹4000NA
NRI Account AMC₹0NA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCFor Individual account: Rs. 700 p.a.Rs 450 (Free for 1st year)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST

ICICIdirect Vs Indira Securities NRI Account Brokerage Comparison

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Account TypeICICIdirect NRI AccountIndira Securities NA
Equity Delivery0.50% - 1.25%NA
Equity Futures0.03% - 0.05%NA
Equity Options₹70 to ₹95NA

Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage ChargesNA
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%

ICICIdirect Vs Indira Securities NRI Account Taxes/Fees

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 ICICIdirectIndira 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 exercised 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 exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% 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.

ICICIdirect Vs Indira Securities NRI Account Margin

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 ICICIdirect MarginIndira Securities Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

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.

ICICIdirect and Indira Securities NRI Account Features

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 ICICIdirectIndira Securities
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features

ICICIdirect Vs Indira Securities NRI Account Review

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 ICICIdirect ReviewIndira Securities Review
 486 Customer Reviews    Rate ICICIdirect4 Customer Reviews    Rate Indira Securities
FeesRated 2.2 starsRated 2.8 stars
BrokerageRated 1.7 starsRated 4.0 stars
Trading PlatformRated 3.3 starsRated 4.0 stars
Customer ServiceRated 2.6 starsRated 3.8 stars
Overall RatingRated 2.3 starsRated 4.0 stars
Broker RatingICICIdirect is Rated 2.3 / 5 based on 486 customer reviewsIndira Securities is Rated 4.0 / 5 based on 4 customer reviews

Contact Broker / Request A Call Back

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 ICICIdirect EnquireICICIdirect Enquire
Contact Broker
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

ICICIdirect Vs Indira Securities NRI Investment Options

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 ICICIdirectIndira Securities
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment OptionsETF, Corporate Bonds, NCD, FD, Insurance

ICICIdirect Vs Indira Securities NRI Customer Service

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 ICICIdirectIndira Securities
Customer Care Number+91-22-283077809300046581
Customer Care Emailnri@icicidirect.comNRIDesk@indiratrade.com

ICICIdirect Vs Indira Securities Order Type Offered for NRI Account

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 ICICIdirectIndira Securities
Bracket OrderYesYes
Cover OrderYesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

ICICIdirect Vs Indira Securities - NRI Account Advantages and Disadvantages

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 ICICIdirectIndira 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.
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.
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.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Indira SecuritiesSpecial Offer

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.


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