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Beeline Vs IIFL Securities NRI Account Comparison

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

Find out Beeline Vs IIFL Securities which is better NRI Trading Account. See Beeline Vs IIFL Securities which is best NRI Demat Account.

Our Beeline Broking Limited comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between Beeline and IIFL Securities NRI Account.

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Beeline Vs IIFL Securities

  Beeline IIFL Securities
 
  Beeline Broking Limited Logo IIFL Securities Ltd Logo
About the Broker Beeline Broking is an online discount broker offering NRI trading services. The company offers a 2-in-1 account to NRIs to invest in equities, IPOs, mutual funds and bonds. Beeline offers 3rd-party trading software to NRI and resident investors. It ... Know more about Beeline Broking Limited IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua... Know more about IIFL Securities Ltd
Account Type NRI Account NRI Account
Enquire BeelineOpen IIFL Securities Account

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Beeline Vs IIFL Securities Charges

  Beeline IIFL Securities
NRI Account Opening Fees ₹876 ₹750
NRI Account AMC ₹0 ₹400 + GST
NRI Demat Account Opening Fees Nil Rs 0
NRI Demat Account AMC Zero AMC with one time Rs 876 fee Rs 250 (Free for 1st year)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire BeelineOpen IIFL Securities Account

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Beeline Vs IIFL Securities NRI Account Brokerage Comparison

Account Type Beeline NRI Account IIFL Securities NRI Account
Equity Delivery 0.40% 0.50%
Equity Futures NA
Equity Options NA
Enquire BeelineOpen IIFL Securities Account

Other Charges

Contract Note Reporting Charges NA NA
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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Beeline Vs IIFL Securities NRI Account Taxes/Fees

  Beeline IIFL 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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Beeline Vs IIFL Securities NRI Account Margin

  Beeline Margin IIFL 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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Beeline and IIFL Securities NRI Account Features

  Beeline IIFL Securities
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Enquire BeelineOpen IIFL Securities Account

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Beeline Vs IIFL Securities NRI Account Review

  Beeline Review IIFL Securities Review
  2 Customer Reviews    Rate Beeline 120 Customer Reviews    Rate IIFL Securities
Fees 4.5 2.8
Brokerage 4.5 2.6
Trading Platform 3.0 3.2
Customer Service 3.5 2.7
Overall Rating Rated 4.0 stars Rated 2.7 stars
Broker Rating Beeline is Rated 4.0 / 5 based on 2 customer reviews IIFL Securities is Rated 2.7 / 5 based on 120 customer reviews
Enquire BeelineOpen IIFL Securities Account

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Contact Broker / Request A Call Back

  Beeline Enquire IIFL Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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Beeline Vs IIFL Securities NRI Investment Options

  Beeline IIFL Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Beeline Vs IIFL Securities NRI Customer Service

  Beeline IIFL Securities
Customer Care Number 079-66664040 +91 22 4007 1000
Customer Care Email connect@beelinebroking.com cs@iifl.com
Enquire BeelineOpen IIFL Securities Account

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Beeline Vs IIFL Securities Order Type Offered for NRI Account

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

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Beeline Vs IIFL Securities - NRI Account Advantages and Disadvantages

  Beeline IIFL Securities
Pros
  • Offer NSE NOW and ODIN trading platform.
  • Beeline charges lower brokerage than full-service brokers.
  • Provides technical and fundamental analysis.
  • Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
  • Online account opening process for NRIs.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Part of IIFL Group, a financial services conglomerate.
Cons
  • Doesn't offer NRI's Equity Derivatives (F&O) trading.
  • Doesn't offer AMO (After Market Order) and GTC (Good Till Cancelled) order.
  • It has only one office which is located at Ahmedabad.
  • Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
  • Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
Conclusion

Beeline Broking, an Ahmadabad based online stock broker doesn't provide any details about its NRI services on its website or over the call. The broker doesn't offer the facility to trade and invest in equity derivatives for NRIs. The company doesn't seem interested in NRI clients.

IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.

Promo / Offers

Free Equity Delivery Trading + Free Account Opening

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Enquire BeelineOpen IIFL Securities Account

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