The side-by-side comparison of Religare and AxisDirect NRI Account. Compare Religare Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Religare NRI Account reviews.
Find out Religare Vs AxisDirect which is better NRI Trading Account. See Religare Vs AxisDirect which is best NRI Demat Account.
Our Religare comparison with Axis Securities highlights the major differences between two brokers. Find the best between Religare and AxisDirect NRI Account.
Religare Broking offers trading and investment services to NRIs. It offers NRI Trading and NRI Demat Accounts. This 2-in-1 account provides NRIs with access to BSE & NSE to trade across Equities, Equity Derivatives, IPOs, and Mutual Funds.
Religareo...
Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account.
Axis Bank has 10 international branch offices across the w...
Account Type
NRI Account
NRI Account
Special Offer
Zerodha (Trade with the best stock broker)
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.
Zerodha (Trade with the best stock broker)
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.
Religare Vs AxisDirect Charges
Religare
AxisDirect
NRI Account Opening Fees
₹2500
NRI Account AMC
₹0
NRI Demat Account Opening Fees
Nil
Rs 0
NRI Demat Account AMC
Rs 400 from second year onward
Rs 650
PIS Account AMC
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Religare Vs AxisDirect NRI Account Brokerage Comparison
Account Type
Religare NRI Account
AxisDirect NRI Account
Equity Delivery
0.75%
Equity Futures
0.05%
Equity Options
Intraday: 1p per lot, Carry Forward: ₹10 per lot
Other Charges
Contract Note Reporting Charges
NA
Other Brokerage Charges
ODIN Diet: ₹999 per year
PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%
Religare Vs AxisDirect NRI Account Taxes/Fees
Religare
AxisDirect
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)
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.
Religare Vs AxisDirect NRI Account Margin
Religare Margin
AxisDirect 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.
Religare and AxisDirect NRI Account Features
Religare
AxisDirect
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Religare Vs AxisDirect NRI Account Review
Religare Review
AxisDirect Review
77 Customer Reviews
83 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Religare is Rated 2.9 / 5 based on 77 customer reviews
AxisDirect is Rated 2.0 / 5 based on 83 customer reviews
Contact Broker / Request A Call Back
Religare Enquire
AxisDirect 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.
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.
Religare Vs AxisDirect NRI Investment Options
Religare
AxisDirect
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Religare Vs AxisDirect NRI Customer Service
Religare
AxisDirect
Customer Care Number
0120 6130300
+91 22 4257 0809
Customer Care Email
wecare@religareonline.com
Religare Vs AxisDirect Order Type Offered for NRI Account
Religare
AxisDirect
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Religare Vs AxisDirect - NRI Account Advantages and Disadvantages
Religare
AxisDirect
Pros
Dedicated NRI Invest team and relationship managers to all NRIs.
Free research, recommendation and trading tips to NRIs.
NRIs can hedge the portfolio risk using futures and options trading facility.
Offers Mutual Fund services to NRIs
Offers 4-in-1 account for fast trading experience.
Offers online Mutual Fund, IPO and NCD services.
One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
Free trading and investment recommendations.
Assistance from Relationship Managers.
GTC and AMO orders.
A subsidiary of the reputed Axis Bank.
Cons
Brokerage charges are higher in comparison to discount brokers like Zerodha, Tradejini , and Prostocks.
Religare doesn't offer automated trading to the investors.
Doesn't offer 3-in-1 accounts which means more paperwork for NRIs in opening bank accounts & PIS separately. Also, funds need to be transferred to the PIS enabled bank account before trading.
The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
Axis does not provide online trading facility to USA based NRI clients.
Conclusion
Religare Broking Ltd is a good choice for NRIs who wants trading assistance as well as access to research reports to gain market insights. It has a dedicated research team that publishes incisive research reports to keep you updated on the latest trends in the economy and markets. It also offers good trading platforms with useful features like multiple stock tracking, instant order execution, and real-time streaming of quotes.
AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds