Chittorgarh.com Logo
Loading...

IIFL Securities Vs Yes Securities NRI Account Comparison

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

Find out IIFL Securities Vs Yes Securities which is better NRI Trading Account. See IIFL Securities Vs Yes Securities which is best NRI Demat Account.

Our IIFL Securities Ltd comparison with Yes Securities Limited highlights the major differences between two brokers. Find the best between IIFL Securities and Yes Securities NRI Account.

Expand

IIFL Securities Vs Yes Securities

  IIFL Securities Yes Securities
 
  IIFL Securities Ltd Logo Yes Securities Limited Logo
About the Broker IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua... Know more about IIFL Securities Ltd Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... Know more about Yes Securities Limited
Account Type NRI Account NRI Investment Account
Open IIFL Securities AccountEnquire Yes Securities

Expand

IIFL Securities Vs Yes Securities Charges

  IIFL Securities Yes Securities
NRI Account Opening Fees ₹750
NRI Account AMC ₹400 + GST ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 250 (Free for 1st year) Rs 500
PIS Account AMC NA ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open IIFL Securities AccountEnquire Yes Securities

Expand

IIFL Securities Vs Yes Securities NRI Account Brokerage Comparison

Account Type IIFL Securities NRI Account Yes Securities NRI Investment Account
Equity Delivery 0.50%
Equity Futures ₹100 per contact
Equity Options ₹100 per contact
Open IIFL Securities AccountEnquire Yes Securities

Other Charges

Contract Note Reporting Charges NA ₹100 per contact note
Other Brokerage Charges
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

IIFL Securities Vs Yes Securities NRI Account Taxes/Fees

  IIFL Securities Yes Securities
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

IIFL Securities Vs Yes Securities NRI Account Margin

  IIFL Securities Margin Yes 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.


Expand

IIFL Securities and Yes Securities NRI Account Features

  IIFL Securities Yes Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Open IIFL Securities AccountEnquire Yes Securities

Expand

IIFL Securities Vs Yes Securities NRI Account Review

  IIFL Securities Review Yes Securities Review
  120 Customer Reviews    Rate IIFL Securities 2 Customer Reviews    Rate Yes Securities
Fees 2.8 3.0
Brokerage 2.6 1.0
Trading Platform 3.2 3.0
Customer Service 2.7 3.0
Overall Rating Rated 2.7 stars Rated 2.0 stars
Broker Rating IIFL Securities is Rated 2.7 / 5 based on 120 customer reviews Yes Securities is Rated 2.0 / 5 based on 2 customer reviews
Open IIFL Securities AccountEnquire Yes Securities

Expand

Contact Broker / Request A Call Back

  IIFL Securities Enquire Yes Securities Enquire
Contact Broker Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. Leave your contact information and we will get in touch with you....
*

IIFL Securities Vs Yes Securities NRI Investment Options

  IIFL Securities Yes Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

Expand

IIFL Securities Vs Yes Securities NRI Customer Service

  IIFL Securities Yes Securities
Customer Care Number +91 22 4007 1000 +91 22 7112 3123
Customer Care Email cs@iifl.com customer.service@ysil.in
Open IIFL Securities AccountEnquire Yes Securities

Expand

IIFL Securities Vs Yes Securities Order Type Offered for NRI Account

  IIFL Securities Yes Securities
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No No

Expand

IIFL Securities Vs Yes Securities - NRI Account Advantages and Disadvantages

  IIFL Securities Yes Securities
Pros
  • Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
  • Online account opening process for NRIs.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Part of IIFL Group, a financial services conglomerate.
  • Offers NRI 3-in-1 account. Open all the three accounts at one shot.
  • Provide free research tips and recommendations to all the customers including NRI.
  • Dedicated relationship manager
  • Earn 6% per annum interest on savings bank account balance.
Cons
  • Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
  • Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
  • Charges higher brokerage in comparison to the discount brokers.
  • Yes securities don't offer trading terminal and automated trading facility.
  • Doesn't have a 24/7 customer support desk.
  • NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).
Conclusion

IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.

Promo / Offers

Free Equity Delivery Trading + Free Account Opening

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O +
  • Trade with the best rated mobile trading app.

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

Open IIFL Securities AccountEnquire Yes Securities

Comments

Add a public comment...

Compare IIFL Securities Compare Yes Securities
Compare More Brokers: