The side-by-side comparison of SBI Securities and Finvasia NRI Account. Compare SBI Securities Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and SBI Securities NRI Account reviews.
Find out SBI Securities Vs Finvasia which is better NRI Trading Account. See SBI Securities Vs Finvasia which is best NRI Demat Account.
Our SBICAP Securities Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between SBI Securities and Finvasia NRI Account.
State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist...
Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE.
Finvasia is the only broker ...
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.
SBI Securities Vs Finvasia Charges
SBI Securities
Finvasia
NRI Account Opening Fees
₹2500
₹199
NRI Account AMC
₹0
₹0
NRI Demat Account Opening Fees
Rs 0
Rs 0 (Free)
NRI Demat Account AMC
Rs 350
Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC
₹900
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
SBI Securities Vs Finvasia NRI Account Brokerage Comparison
Account Type
SBI Securities NRI Account
Finvasia NRI Account
Equity Delivery
0.75%
₹0
Equity Futures
₹0
Equity Options
₹0
Other Charges
Contract Note Reporting Charges
₹0
NA
Other Brokerage Charges
₹0
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%
SBI Securities Vs Finvasia NRI Account Taxes/Fees
SBI Securities
Finvasia
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.
SBI Securities Vs Finvasia NRI Account Margin
SBI Securities Margin
Finvasia 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.
SBI Securities and Finvasia NRI Account Features
SBI Securities
Finvasia
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
SBI Securities Vs Finvasia NRI Account Review
SBI Securities Review
Finvasia Review
154 Customer Reviews
50 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
SBI Securities is Rated 2.5 / 5 based on 154 customer reviews
Finvasia is Rated 4.5 / 5 based on 50 customer reviews
Contact Broker / Request A Call Back
SBI Securities Enquire
Finvasia 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.
SBI Securities Vs Finvasia NRI Investment Options
SBI Securities
Finvasia
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Derivatives, FD
SBI Securities Vs Finvasia NRI Customer Service
SBI Securities
Finvasia
Customer Care Number
+91 22 6153 6900
+91 172 667 0000
Customer Care Email
nri@sbicapsec.com
contactus@finvasia.com
SBI Securities Vs Finvasia Order Type Offered for NRI Account
SBI Securities
Finvasia
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
SBI Securities Vs Finvasia - NRI Account Advantages and Disadvantages
SBI Securities
Finvasia
Pros
The largest bank in India with the highest number of branches.
Offer 3 in 1 account for convenient online trading
Free expert recommendations on trading & investments
Assistance from Relationship Managers
SBI securities NRI opening fees are lowest among full-service brokers.
Mutual fund services are available to NRIs who don't have a trading account.
Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
Cons
Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
Doesn't offer Good-till canceled (GTC) order.
Finvasia charges technology costs to provide access to some of the trading platforms.
It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
Conclusion
SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.
Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds