Religare Vs IIFL Securities NRI Account Comparison
The side-by-side comparison of Religare and IIFL Securities NRI Account. Compare Religare Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and Religare NRI Account reviews.
Find out Religare Vs IIFL Securities which is better NRI Trading Account. See Religare Vs IIFL Securities which is best NRI Demat Account.
Our Religare comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between Religare and IIFL Securities 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...
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
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: 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.
Religare Vs IIFL Securities NRI Account Margin
Religare 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 (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account 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.
Religare Vs IIFL Securities NRI Investment Options
Religare Vs IIFL Securities Order Type Offered for NRI Account
Religare
IIFL Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Religare Vs IIFL Securities - NRI Account Advantages and Disadvantages
Religare
IIFL Securities
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
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
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.
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
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.
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
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds