The side-by-side comparison of Choice Broking and Indira Securities NRI Account. Compare Choice Broking Vs Indira Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Indira Securities and Choice Broking NRI Account reviews.
Find out Choice Broking Vs Indira Securities which is better NRI Trading Account. See Choice Broking Vs Indira Securities which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with Indira Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Choice Broking and Indira Securities NRI Account.
| Choice Broking | Indira Securities | |
|---|---|---|
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| About the Broker | Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NRI ... | Indira Securities does not offer NRI trading and demat account. |
| Account Type | NRI Trading | NA |
| 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: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Choice Broking | Indira Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹0 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 200 or as per plan. (1st year AMC free) | Rs 450 (Free for 1st year) |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | Choice Broking NRI Trading | Indira Securities NA |
|---|---|---|
| Equity Delivery | 0.50% | NA |
| Equity Futures | 0.03% | NA |
| Equity Options | ₹100 per lot | NA |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | Demat Account AMC - ₹200 per year | NA |
| 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% |
| Choice Broking | Indira Securities | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| Choice Broking Margin | Indira 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. | ||
| Choice Broking | Indira Securities | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips |  | |
| Other Features | ||
| Choice Broking Review | Indira Securities Review | |
|---|---|---|
21 Customer Reviews  | 4 Customer Reviews | |
| Fees |  |  |
| Brokerage | |  |
| Trading Platform |  | |
| Customer Service |  |  |
| Overall Rating | | |
| Broker Rating | Choice Broking is Rated 2.8 / 5 based on 21 customer reviews | Indira Securities is Rated 4.0 / 5 based on 4 customer reviews |
| Choice Broking Enquire | Choice Broking 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. | FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Choice Broking | Indira Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Choice Broking | Indira Securities | |
|---|---|---|
| Customer Care Number | 022-67079903, 9819545987 | 9300046581 |
| Customer Care Email | nri@choiceindia.com | NRIDesk@indiratrade.com |
| Choice Broking | Indira Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Choice Broking | Indira Securities | |
|---|---|---|
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Conclusion | Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses. | |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Indira SecuritiesSpecial OfferFree Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
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