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Anand Rathi Vs Kotak Securities NRI Account Comparison

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

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

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

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Anand Rathi Vs Kotak Securities

  Anand Rathi Kotak Securities
 
  Anand Rathi Logo Kotak Securities Ltd Logo
About the Broker Anand Rathi provides a wide range of trading and investment services to the resident as well as NRI investors. It offers a 2-in-1 account, combining trading and demat accounts, for NRIs to trade in equity, equity derivatives, mutual funds, and IPOs... Know more about Anand Rathi Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities Ltd
Account Type NRI Account NRI Account
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Anand Rathi Vs Kotak Securities Charges

  Anand Rathi Kotak Securities
NRI Account Opening Fees ₹3750
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 450 from second year onward Rs 600
PIS Account AMC NA ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Anand Rathi Vs Kotak Securities NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account Kotak Securities NRI Account
Equity Delivery 1.00%
Equity Futures 1.00%
Equity Options 1.00%
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Other Charges

Contract Note Reporting Charges NA ₹0
Other Brokerage Charges Average Quarterly Balance: ₹10000
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 Kotak Securities NRI Account Taxes/Fees

  Anand Rathi Kotak 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 Kotak Securities NRI Account Margin

  Anand Rathi Margin Kotak 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 Kotak Securities NRI Account Features

  Anand Rathi Kotak Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
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Anand Rathi Vs Kotak Securities NRI Account Review

  Anand Rathi Review Kotak Securities Review
  14 Customer Reviews    Rate Anand Rathi 172 Customer Reviews    Rate Kotak Securities
Fees 3.2 2.4
Brokerage 3.2 2.3
Trading Platform 3.0 3.2
Customer Service 3.4 2.8
Overall Rating Rated 3.1 stars Rated 2.4 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 14 customer reviews Kotak Securities is Rated 2.4 / 5 based on 172 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire Kotak Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
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Anand Rathi Vs Kotak Securities NRI Investment Options

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

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Anand Rathi Vs Kotak Securities NRI Customer Service

  Anand Rathi Kotak Securities
Customer Care Number 0291 666 1001 022 6689 6000, 022 6652 9191
Customer Care Email nridesk@rathi.com nricustomerservice@kotak.com
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Anand Rathi Vs Kotak Securities Order Type Offered for NRI Account

  Anand Rathi Kotak Securities
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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Anand Rathi Vs Kotak Securities - NRI Account Advantages and Disadvantages

  Anand Rathi Kotak Securities
Pros
  • 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.
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
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.
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
Conclusion

Anand Rathi is a recommended choice for NRI investors who are ready to pay high brokerage for value-added services like good online trading software, online mutual fund services and research advisory etc. It 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 3rd party before opening the NRI trading and demat account with the broker.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Promo / Offers

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

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