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Indiabulls Vs Zerodha NRI Account Comparison

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

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

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

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Indiabulls Vs Zerodha

  Indiabulls Zerodha
 
  Indiabulls Ventures Limited Logo Zerodha Logo
About the Broker 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 Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... Know more about Zerodha
Account Type NRI Account NRI Account
Enquire IndiabullsOpen Zerodha Account

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Indiabulls Vs Zerodha Charges

  Indiabulls Zerodha
NRI Account Opening Fees ₹2000 ₹500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 450 Rs 300
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire IndiabullsOpen Zerodha Account

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Indiabulls Vs Zerodha NRI Account Brokerage Comparison

Account Type Indiabulls NRI Account Zerodha NRI Account
Equity Delivery 0.50% 0.1% or max ₹200 per trade
Equity Futures 0.05% ₹100 per trade
Equity Options 0.05% ₹100 per trade
Enquire IndiabullsOpen Zerodha Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat Account AMC: ₹300 yearly
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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Indiabulls Vs Zerodha NRI Account Taxes/Fees

  Indiabulls Zerodha
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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Indiabulls Vs Zerodha NRI Account Margin

  Indiabulls Margin Zerodha 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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Indiabulls and Zerodha NRI Account Features

  Indiabulls Zerodha
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features
Enquire IndiabullsOpen Zerodha Account

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Indiabulls Vs Zerodha NRI Account Review

  Indiabulls Review Zerodha Review
  50 Customer Reviews    Rate Indiabulls 446 Customer Reviews    Rate Zerodha
Fees 3.4 3.7
Brokerage 3.1 4.2
Trading Platform 3.7 3.6
Customer Service 3.0 3.4
Overall Rating Rated 3.2 stars Rated 3.7 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 50 customer reviews Zerodha is Rated 3.7 / 5 based on 446 customer reviews
Enquire IndiabullsOpen Zerodha Account

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Contact Broker / Request A Call Back

  Indiabulls Enquire Zerodha Enquire
Contact Broker FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the 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 online with Zerodha and start trading today.
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Indiabulls Vs Zerodha NRI Investment Options

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

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Indiabulls Vs Zerodha NRI Customer Service

  Indiabulls Zerodha
Customer Care Number 022 6144 6300 +91 80 4718 1888
Customer Care Email helpdesk@indiabulls.com nridesk@zerodha.com
Enquire IndiabullsOpen Zerodha Account

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Indiabulls Vs Zerodha Order Type Offered for NRI Account

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

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Indiabulls Vs Zerodha - NRI Account Advantages and Disadvantages

  Indiabulls Zerodha
Pros
  • 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.
  1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
Cons
  • 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.
  1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
Conclusion

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.

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

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

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

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

Enquire IndiabullsOpen Zerodha Account
Compare Indiabulls Compare Zerodha
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