Dhani Stocks Vs Religare NRI Account Comparison

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.

• Online discount broker offering low brokerage charges.
• 3-in-1 account facility.
• Online investing with the advanced Dhani Stocks trading platform.
• Access to online mutual funds investment to NRIs.
• Part of reputed Indiabulls Group, a diversified financial services company.
• Free Call and Trade facility.

• 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

• Higher brokerage as compared to the brokerage charged by discount brokers.
• Doesn't offer unlimited trades/discount brokerage to NRI customers.

• 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.

Dhani Stocks is a decent choice as a broker for NRI traders who need the online trading facility, personalized services, and prefer investing in mutual funds. The Dhani Stocks powerful trading platforms offer many useful trading features to NRI investors. Being a full-service broker, the brokerage charges are slightly on a higher side, making it a little costly broker for NRIs. Except for higher brokerage, the services offered by Dhani Stocks to NRI customers are competitive.

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.