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Trustline Vs Yes Securities NRI Account Comparison

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

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

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

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Trustline Vs Yes Securities

  Trustline Yes Securities
 
  Trustline Securities Ltd Logo Yes Securities Limited Logo
About the Broker 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 Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... Know more about Yes Securities Limited
Account Type NRI Investment Account
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.


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Trustline Vs Yes Securities Charges

  Trustline Yes Securities
NRI Account Opening Fees ₹0
NRI Account AMC ₹1000 + GST ₹0
NRI Demat Account Opening Fees Regular: Rs 0, Lifetime Free AMC: Rs 1000 Rs 0
NRI Demat Account AMC Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 Rs 500
PIS Account AMC NA ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Trustline Vs Yes Securities NRI Account Brokerage Comparison

Account Type Trustline Yes Securities NRI Investment Account
Equity Delivery 0.03 (3 paise)
Equity Futures 0.30 (30 paise) ₹100 per contact
Equity Options ₹75 per lot ₹100 per contact

Other Charges

Contract Note Reporting Charges ₹0 ₹100 per contact note
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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Trustline Vs Yes Securities NRI Account Taxes/Fees

  Trustline Yes Securities
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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Trustline Vs Yes Securities NRI Account Margin

  Trustline Margin Yes Securities 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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Trustline and Yes Securities NRI Account Features

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

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Trustline Vs Yes Securities NRI Account Review

  Trustline Review Yes Securities Review
  3 Customer Reviews    Rate Trustline 2 Customer Reviews    Rate Yes Securities
Fees 3.3 3.0
Brokerage 2.7 1.0
Trading Platform 3.7 3.0
Customer Service 3.3 3.0
Overall Rating Rated 3.3 stars Rated 2.0 stars
Broker Rating Trustline is Rated 3.3 / 5 based on 3 customer reviews Yes Securities is Rated 2.0 / 5 based on 2 customer reviews

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Contact Broker / Request A Call Back

  Trustline Enquire Yes Securities 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.
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Trustline Vs Yes Securities NRI Investment Options

  Trustline Yes Securities
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options

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Trustline Vs Yes Securities NRI Customer Service

  Trustline Yes Securities
Customer Care Number (0120) 4613-888 +91 22 7112 3123
Customer Care Email helpdesk@trustline.in customer.service@ysil.in

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Trustline Vs Yes Securities Order Type Offered for NRI Account

  Trustline Yes Securities
Bracket Order No Yes
Cover Order Yes Yes
After Market Order(AMO) No No
Good Till Cancelled (GTC) No No

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Trustline Vs Yes Securities - NRI Account Advantages and Disadvantages

  Trustline Yes Securities
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.
  • Offers NRI 3-in-1 account. Open all the three accounts at one shot.
  • Provide free research tips and recommendations to all the customers including NRI.
  • Dedicated relationship manager
  • Earn 6% per annum interest on savings bank account balance.
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.
  • Charges higher brokerage in comparison to the discount brokers.
  • Yes securities don't offer trading terminal and automated trading facility.
  • Doesn't have a 24/7 customer support desk.
  • NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).
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.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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