Sharekhan Vs Choice Broking NRI Account Comparison

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

Find out Sharekhan Vs Choice Broking which is better NRI Trading Account. See Sharekhan Vs Choice Broking which is best NRI Demat Account.

Our Sharekhan comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best between Sharekhan and Choice Broking NRI Account.

Expand

Sharekhan Vs Choice Broking

  Sharekhan Choice Broking
 
Sharekhan Logo Choice Equity Broking Private Limited Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan 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 NR... Know more about Choice Equity Broking Private Limited
Account Type Sharekhan NRI Account NRI Trading
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Choice Broking. Leave your contact info and we will get in touch with you.
Expand

Sharekhan Vs Choice Broking Charges

  Sharekhan Choice Broking
NRI Account Opening Fees ₹2000 ₹0
NRI Account AMC ₹3000 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 400 (Free for 1st year) Rs 200 or as per plan. (1st year AMC free)
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

Sharekhan Vs Choice Broking NRI Account Brokerage Comparison

Brokerage Plan

  Sharekhan Choice Broking
Account Type Sharekhan NRI Account NRI Trading
Equity Delivery 0.50% 0.50%
Equity Futures 0.1% on first leg and 0.02% on second leg 0.03%
Equity Options ₹250 per contract note ₹100 per lot

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1000 Demat Account AMC - ₹200 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%
Expand

Sharekhan Vs Choice Broking NRI Account Taxes/Fees

  Sharekhan Choice Broking
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.
Expand

Sharekhan Vs Choice Broking NRI Account Exposure Margin

  Sharekhan Choice Broking
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.

Expand

Sharekhan and Choice Broking NRI Account Feature Comparison

  Sharekhan Choice Broking
3-in-1 Account No No
Automated Trading No
Free Research And Tips Yes Yes
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
Expand

Sharekhan Vs Choice Broking NRI Account Review

  Sharekhan Choice Broking
  301 Customer Reviews    Rate Sharekhan 7 Customer Reviews    Rate Choice Broking
Fees 3.0 4.4
Brokerage 2.8 4.1
Trading Platform 3.7 4.4
Customer Service 3.3 4.0
Overall Rating Rated 3.3 stars Rated 4.1 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 301 customer reviews Choice Broking is Rated 4.1 / 5 based on 7 customer reviews
*

Contact Broker / Request A Call Back

  Sharekhan Choice Broking
Contact Broker
*

Sharekhan Vs Choice Broking NRI Investment Options

  Sharekhan Choice Broking
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management
Expand

Sharekhan Vs Choice Broking NRI Customer Service

  Sharekhan Choice Broking
Customer Care Number +91 022 6518500 022-67079903, 9819545987
Customer Care Email nridesk@sharekhan.com nri@choiceindia.com
Expand

Sharekhan Vs Choice Broking Order Type Offered for NRI Account

  Sharekhan Choice Broking
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Expand

Sharekhan Vs Choice Broking - NRI Account Advantages and Disadvantages

  Sharekhan Choice Broking
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  • Free account opening.
  • Advisory services with access to a wide range of research reports.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Dedicated relationship manager.
Cons
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • Higher brokerage charges when compared to other discount brokers.
  • Do not offer 3-in-1 account services.
  • Do not provide an online account opening facility.
Conclusion

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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
Expand

Sharekhan Vs Choice Broking - More Reviews

  Sharekhan Choice Broking
NRI Trading Review Sharekhan NRI Account Review Choice Broking NRI Account Review
Enquire Sharekhan Enquire Choice Broking
Compare
Sharekhan Vs Zerodha
Sharekhan Vs ICICI Direct
Sharekhan Vs HDFC Securities
Sharekhan Vs AxisDirect
Sharekhan Vs Angel Broking
Sharekhan Vs Kotak Securities
Sharekhan Vs Motilal Oswal
Sharekhan Vs Dhani Stocks
Sharekhan Vs Stoxkart
Sharekhan Vs IIFL Securities
Sharekhan Vs SBI Securities
Sharekhan Vs Geojit
Sharekhan Vs Religare
Sharekhan Vs SMC Global
Sharekhan Vs 5paisa
Sharekhan Vs Ventura
Sharekhan Vs Anand Rathi
Sharekhan Vs Indiabulls
Sharekhan Vs Aditya Birla Money
Sharekhan Vs TradingBells
Sharekhan Vs IDBI Capital
Sharekhan Vs Tradeplus
Sharekhan Vs Tradejini
Sharekhan Vs Alice Blue
Sharekhan Vs Wisdom Capital
Sharekhan Vs Finvasia
Sharekhan Vs Prostocks
Sharekhan Vs Beeline
Sharekhan Vs Just Trade
Sharekhan Vs Compositedge
Sharekhan Vs Achiievers
Sharekhan Vs Trustline
Sharekhan Vs Indira Securities
Sharekhan Vs Yes Securities
Choice Broking Vs Zerodha
Choice Broking Vs ICICI Direct
Choice Broking Vs HDFC Securities
Choice Broking Vs AxisDirect
Choice Broking Vs Angel Broking
Choice Broking Vs Kotak Securities
Choice Broking Vs Motilal Oswal
Choice Broking Vs Dhani Stocks
Choice Broking Vs Stoxkart
Choice Broking Vs IIFL Securities
Choice Broking Vs SBI Securities
Choice Broking Vs Geojit
Choice Broking Vs Religare
Choice Broking Vs SMC Global
Choice Broking Vs 5paisa
Choice Broking Vs Ventura
Choice Broking Vs Anand Rathi
Choice Broking Vs Indiabulls
Choice Broking Vs Aditya Birla Money
Choice Broking Vs TradingBells
Choice Broking Vs IDBI Capital
Choice Broking Vs Tradeplus
Choice Broking Vs Tradejini
Choice Broking Vs Alice Blue
Choice Broking Vs Wisdom Capital
Choice Broking Vs Finvasia
Choice Broking Vs Prostocks
Choice Broking Vs Beeline
Choice Broking Vs Just Trade
Choice Broking Vs Compositedge
Choice Broking Vs Achiievers
Choice Broking Vs Trustline
Choice Broking Vs Indira Securities
Choice Broking Vs Yes Securities







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App