Choice Broking Vs Trustline NRI Account Comparison
The side-by-side comparison of Choice Broking and Trustline NRI Account. Compare Choice Broking Vs Trustline NRI Account brokerage charges, exposure margin, demat account and AMC. Read Trustline and Choice Broking NRI Account reviews.
Find out Choice Broking Vs Trustline which is better NRI Trading Account. See Choice Broking Vs Trustline which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Choice Broking and Trustline NRI Account.
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...
Trustline Securities is a full-service broker offering trading and investment services in equity, F&O, mutual fund, FDs, and bonds to both resident and non-resident Indian investors. The broker offers customized investment solutions across wealth man...
Account Type
NRI Trading
Special Offer
Zerodha (Trade with the best stock broker)
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.
Zerodha (Trade with the best stock broker)
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.
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 Vs Trustline NRI Account Margin
Choice Broking Margin
Trustline 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 and Trustline NRI Account Features
Choice Broking
Trustline
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Choice Broking Vs Trustline NRI Account Review
Choice Broking Review
Trustline Review
12 Customer Reviews
3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Choice Broking is Rated 3.5 / 5 based on 12 customer reviews
Trustline is Rated 3.3 / 5 based on 3 customer reviews
Contact Broker / Request A Call Back
Choice Broking Enquire
Trustline 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.
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.
Choice Broking Vs Trustline NRI Investment Options
Choice Broking
Trustline
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Choice Broking Vs Trustline NRI Customer Service
Choice Broking
Trustline
Customer Care Number
022-67079903, 9819545987
(0120) 4613-888
Customer Care Email
nri@choiceindia.com
helpdesk@trustline.in
Choice Broking Vs Trustline Order Type Offered for NRI Account
Choice Broking
Trustline
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Choice Broking Vs Trustline - NRI Account Advantages and Disadvantages
Choice Broking
Trustline
Pros
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.
Offers web and mobile app-based NRI trading and investment platform.
Charges lower brokerage for investing in equity and equity derivatives.
Doesn't have a minimum brokerage charge which is good for small investors.
Offers research-based fundamental and technical analysis which helps in taking a better investment decision.
Allows US and Canada based NRIs to trade and invest in the stock market through Trustline trading forms.
Trustline works as a clearing and settlement member which reduces the overall cost for investors.
Facilitates IPO bidding for resident and non-resident Indian investors.
Cons
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.
Doesn't offer a 3-in-1 account which means NRIs cannot open all the accounts at a single platform. It also means NRIs have to first transfer funds to PIS account before placing orders.
Doesn't offer Bracket Order facility.
Doesn't offer AMO (After Market Order) and GTC (Good' Till Cancelled) orders for investors.
Allows only Axis bank to open NRI bank account.
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.
Trustline Securities is a good choice for both casual and frequent traders. The full-service broker offers depository services and research tips for NRIs. It also allows US and Canada based NRIs after filling FATCA and FEMA declaration form. The brokerage charges are quite low as compared to other full-service brokers in India. The broker also offers good web and mobile trading platforms in addition to a dedicated mobile app for mutual fund investments. Call n Trade facility and IPO application services are other features that make Trustline a good choice as an NRI stockbroker. The only major disadvantage with the broker is that it only allows Axis Bank accounts to be linked with its trading account. So, if you have Axis NRI bank accounts then its an excellent choice else you have to transfer your bank accounts to trade with Trustline.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds