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Anand Rathi Vs Indiabulls NRI Account Comparison

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

Find out Anand Rathi Vs Indiabulls which is better NRI Trading Account. See Anand Rathi Vs Indiabulls which is best NRI Demat Account.

Our Anand Rathi comparison with Indiabulls Ventures Limited highlights the major differences between two brokers. Find the best between Anand Rathi and Indiabulls NRI Account.

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Anand Rathi Vs Indiabulls

  Anand Rathi Indiabulls
 
  Anand Rathi Logo Indiabulls Ventures Limited Logo
About the Broker Anand Rathi provides a wide range of trading and investment services to the resident as well as NRI investors. It offers a 2-in-1 account, combining trading and demat accounts, for NRIs to trade in equity, equity derivatives, mutual funds, and IPOs... Know more about Anand Rathi Indiabulls is a full-service stock broker that offers a range of trading and investment services to NRIs. It offers 2 in 1 accounts, combining demat and trading accounts for online trading across Equity, Equity Derivatives, IPOs, and Mutual Funds. P... Know more about Indiabulls Ventures Limited
Account Type NRI Account NRI Account
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Anand Rathi Vs Indiabulls Charges

  Anand Rathi Indiabulls
NRI Account Opening Fees ₹2000
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 450 from second year onward Rs 450
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Anand Rathi Vs Indiabulls NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account Indiabulls NRI Account
Equity Delivery 0.50%
Equity Futures 0.05%
Equity Options 0.05%
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Other Charges

Contract Note Reporting Charges NA NA
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%
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Anand Rathi Vs Indiabulls NRI Account Taxes/Fees

  Anand Rathi Indiabulls
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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Anand Rathi Vs Indiabulls NRI Account Margin

  Anand Rathi Margin Indiabulls 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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Anand Rathi and Indiabulls NRI Account Features

  Anand Rathi Indiabulls
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
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Anand Rathi Vs Indiabulls NRI Account Review

  Anand Rathi Review Indiabulls Review
  14 Customer Reviews    Rate Anand Rathi 50 Customer Reviews    Rate Indiabulls
Fees 3.2 3.4
Brokerage 3.2 3.1
Trading Platform 3.0 3.7
Customer Service 3.4 3.0
Overall Rating Rated 3.1 stars Rated 3.2 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 14 customer reviews Indiabulls is Rated 3.2 / 5 based on 50 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire Indiabulls Enquire
Contact Broker Leave your contact information and we will get in touch with you....
FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer
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Anand Rathi Vs Indiabulls NRI Investment Options

  Anand Rathi Indiabulls
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Other Investment Options

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Anand Rathi Vs Indiabulls NRI Customer Service

  Anand Rathi Indiabulls
Customer Care Number 0291 666 1001 022 6144 6300
Customer Care Email nridesk@rathi.com helpdesk@indiabulls.com
Enquire Anand RathiEnquire Indiabulls

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Anand Rathi Vs Indiabulls Order Type Offered for NRI Account

  Anand Rathi Indiabulls
Bracket Order No
Cover Order No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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Anand Rathi Vs Indiabulls - NRI Account Advantages and Disadvantages

  Anand Rathi Indiabulls
Pros
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
  • Full-service broker offering research and recommendations tips.
  • Online investing with the Power Indiabulls trading platform.
  • Indiabulls is also an AMC. It offers a range of mutual funds to NRIs.
  • Indiabulls Ventures is part of the Indiabulls Group, a diversified financial services company.
Cons
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
  • It charges high brokerage as compared to the brokerage charged by discount brokers like Zerodha, and Prostocks for NRI trading.
  • Doesn't offer unlimited trades/discount brokerage to NRI customers.
  • A separate Custodial account has to open with HDFC for F&O trading.
Conclusion

Anand Rathi is a recommended choice for NRI investors who are ready to pay high brokerage for value-added services like good online trading software, online mutual fund services and research advisory etc. It is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with 3rd party before opening the NRI trading and demat account with the broker.

Indiabulls is a good choice as a broker for NRI traders who need the online trading facility, research assistance, personalized services and prefer investing in mutual funds. It has a dedicated research team that helps traders in making informed investment decisions. The Power Indiabulls trading platform is an advanced online trading platform that offers many useful trading features to NRI investors. Except for higher brokerage, the services offered by Indiabulls to NRI customers are competitive.

Promo / Offers

Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order.

Get this limited time offer
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