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Anand Rathi Vs AxisDirect NRI Account Comparison

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

Find out Anand Rathi Vs AxisDirect which is better NRI Trading Account. See Anand Rathi Vs AxisDirect which is best NRI Demat Account.

Our Anand Rathi comparison with Axis Securities highlights the major differences between two brokers. Find the best between Anand Rathi and AxisDirect NRI Account.

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Anand Rathi Vs AxisDirect

  Anand Rathi AxisDirect
 
  Anand Rathi Logo Axis Securities Logo
About the Broker Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves... Know more about Anand Rathi Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NRI Account NRI Account
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback.

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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Anand Rathi Vs AxisDirect Charges

  Anand Rathi AxisDirect
NRI Account Opening Fees Rs 0 ₹2500
NRI Account AMC Rs 0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 450 (1st year free) Rs 650
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Anand Rathi Vs AxisDirect NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account AxisDirect NRI Account
Equity Delivery 0.30% 0.75%
Equity Futures 0.03% 0.05%
Equity Options Rs 50 per lot Intraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Demat AMC: Rs 450 per year PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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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Anand Rathi Vs AxisDirect NRI Account Taxes/Fees

  Anand Rathi AxisDirect
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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Anand Rathi Vs AxisDirect NRI Account Margin

  Anand Rathi Margin AxisDirect 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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Anand Rathi and AxisDirect NRI Account Features

  Anand Rathi AxisDirect
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
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Anand Rathi Vs AxisDirect NRI Account Review

  Anand Rathi Review AxisDirect Review
  16 Customer Reviews    Rate Anand Rathi 84 Customer Reviews    Rate AxisDirect
Fees 3.3 2.0
Brokerage 3.3 1.8
Trading Platform 3.1 2.6
Customer Service 3.4 2.2
Overall Rating Rated 3.1 stars Rated 2.0 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 16 customer reviews AxisDirect is Rated 2.0 / 5 based on 84 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire AxisDirect Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback. 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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Anand Rathi Vs AxisDirect NRI Investment Options

  Anand Rathi AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Anand Rathi Vs AxisDirect NRI Customer Service

  Anand Rathi AxisDirect
Customer Care Number 0291 666 1001 +91 22 4257 0809
Customer Care Email nridesk@rathi.com
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Anand Rathi Vs AxisDirect Order Type Offered for NRI Account

  Anand Rathi AxisDirect
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes

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Anand Rathi Vs AxisDirect - NRI Account Advantages and Disadvantages

  Anand Rathi AxisDirect
Pros
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

Anand Rathi Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • Discount voucher upto Rs 10,000 from Top Brands.

This is a limited-time offer. Simply leave your contact information with us and Anand Rathi representatives will contact you.

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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