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Fyers Vs Religare NRI Account Comparison

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

Find out Fyers Vs Religare which is better NRI Trading Account. See Fyers Vs Religare which is best NRI Demat Account.

Our Fyers Securities Ltd comparison with Religare highlights the major differences between two brokers. Find the best between Fyers and Religare NRI Account.

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Fyers Vs Religare

  Fyers Religare
 
  Fyers Securities Ltd Logo Religare Logo
About the Broker Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d... Know more about Fyers Securities Ltd 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... Know more about Religare
Account Type NRI Account NRI Account
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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.


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Fyers Vs Religare Charges

  Fyers Religare
NRI Account Opening Fees Free
NRI Account AMC Free
NRI Demat Account Opening Fees Rs 0 (Free) Nil
NRI Demat Account AMC Rs 0 (Free) Rs 400 from second year onward
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Fyers Vs Religare NRI Account Brokerage Comparison

Account Type Fyers NRI Account Religare NRI Account
Equity Delivery 0.5% or ₹50
Equity Futures ₹50 per traded order
Equity Options ₹50 per traded order
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Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges ODIN Diet: ₹999 per year
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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Fyers Vs Religare NRI Account Taxes/Fees

  Fyers Religare
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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Fyers Vs Religare NRI Account Margin

  Fyers Margin Religare 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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Fyers and Religare NRI Account Features

  Fyers Religare
3-in-1 Account No No
Automated Trading No
Free Research And Tips Yes
Other Features
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Fyers Vs Religare NRI Account Review

  Fyers Review Religare Review
  34 Customer Reviews    Rate Fyers 77 Customer Reviews    Rate Religare
Fees 3.3 3.2
Brokerage 3.4 3.1
Trading Platform 3.1 3.0
Customer Service 2.9 2.9
Overall Rating Rated 2.9 stars Rated 2.9 stars
Broker Rating Fyers is Rated 2.9 / 5 based on 34 customer reviews Religare is Rated 2.9 / 5 based on 77 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire Religare Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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.
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Fyers Vs Religare NRI Investment Options

  Fyers Religare
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Fyers Vs Religare NRI Customer Service

  Fyers Religare
Customer Care Number 080-45699999 0120 6130300
Customer Care Email support@fyers.in wecare@religareonline.com
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Fyers Vs Religare Order Type Offered for NRI Account

  Fyers Religare
Bracket Order
Cover Order
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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Fyers Vs Religare - NRI Account Advantages and Disadvantages

  Fyers Religare
Pros
  1. Free online account opening and AMC charges
  2. Free equity delivery trading. No brokerage for cash & carry trades.
  3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
  4. No hidden charges. Very transparent fees/charges.
  5. In-house build trading platform offers flexibility to implement new features/services quickly.
  6. All trading software is available for free of charge.
  7. Fyers NRI account holders get access to research reports and economic calendar
  8. Refer your friends and earn 20% of the revenues generated by your friends, for life!
  • 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
Cons
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
  • 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.
Conclusion

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.

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.

Promo / Offers

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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
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