Dhani Stocks Vs Trustline NRI Account Comparison

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.

• Online discount broker offering low brokerage charges.
• 3-in-1 account facility.
• Online investing with the advanced Dhani Stocks trading platform.
• Access to online mutual funds investment to NRIs.
• Part of reputed Indiabulls Group, a diversified financial services company.
• Free Call and Trade facility.

• 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.

• Higher brokerage as compared to the brokerage charged by discount brokers.
• Doesn't offer unlimited trades/discount brokerage to NRI customers.

• 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.

Dhani Stocks is a decent choice as a broker for NRI traders who need the online trading facility, personalized services, and prefer investing in mutual funds. The Dhani Stocks powerful trading platforms offer many useful trading features to NRI investors. Being a full-service broker, the brokerage charges are slightly on a higher side, making it a little costly broker for NRIs. Except for higher brokerage, the services offered by Dhani Stocks to NRI customers are competitive.

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.