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Indira Securities Vs Trustline NRI Account Comparison

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

Find out Indira Securities Vs Trustline which is better NRI Trading Account. See Indira Securities Vs Trustline which is best NRI Demat Account.

Our Indira Securities Pvt Ltd comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Indira Securities and Trustline NRI Account.

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Indira Securities Vs Trustline

  Indira Securities Trustline
 
Indira Securities Pvt Ltd Logo Trustline Securities Ltd Logo
About the Broker Indira Securities does not offer NRI trading and demat account. 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... Know more about Trustline Securities Ltd
Account Type NA
Broker Enquiry Open an Online Trading Account with Indira Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trustline. Leave your contact info and we will get in touch with you.
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Indira Securities Vs Trustline Charges

  Indira Securities Trustline
NRI Account Opening Fees NA ₹0
NRI Account AMC NA ₹1000 + GST
NRI Demat Account Opening Fees Rs 0 (Free) Regular: Rs 0, Lifetime Free AMC: Rs 1000
NRI Demat Account AMC Rs 450 (Free for 1st year) Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Indira Securities Vs Trustline NRI Account Brokerage Comparison

Brokerage Plan

  Indira Securities Trustline
Account Type NA
Equity Delivery NA 0.03 (3 paise)
Equity Futures NA 0.30 (30 paise)
Equity Options NA ₹75 per lot

Other Charges

Contract Note Reporting Charges NA ₹0
Other Brokerage Charges NA
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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Indira Securities Vs Trustline NRI Account Taxes/Fees

  Indira Securities Trustline
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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Indira Securities Vs Trustline NRI Account Exposure Margin

  Indira Securities Trustline
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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Indira Securities and Trustline NRI Account Feature Comparison

  Indira Securities Trustline
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Indira Securities Vs Trustline NRI Account Review

  Indira Securities Trustline
  3 Customer Reviews    Rate Indira Securities 2 Customer Reviews    Rate Trustline
Fees 2.3 4.0
Brokerage 4.3 3.5
Trading Platform 4.0 4.5
Customer Service 4.0 4.5
Overall Rating Rated 4.0 stars Rated 4.5 stars
Broker Rating Indira Securities is Rated 4.0 / 5 based on 3 customer reviews Trustline is Rated 4.5 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Indira Securities Trustline
Contact Broker
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Indira Securities Vs Trustline NRI Investment Options

  Indira Securities Trustline
Stocks No Yes
Initial Public Offers (IPO) No No
Mutual Funds No Yes
Other Investment Options
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Indira Securities Vs Trustline NRI Customer Service

  Indira Securities Trustline
Customer Care Number 9300046581 (0120) 4613-888
Customer Care Email NRIDesk@indiratrade.com helpdesk@trustline.in
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Indira Securities Vs Trustline Order Type Offered for NRI Account

  Indira Securities Trustline
Bracket Order Yes No
Cover Order No Yes
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
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Indira Securities Vs Trustline - NRI Account Advantages and Disadvantages

  Indira Securities Trustline
Pros
  • 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
  • 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

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.

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Indira Securities Vs Trustline - More Reviews

  Indira Securities Trustline
NRI Trading Review Indira Securities NRI Account Review Trustline NRI Account Review
Enquire Indira Securities Enquire Trustline
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