Zerodha Vs Finvasia NRI Account Comparison

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

Find out Zerodha Vs Finvasia which is better NRI Trading Account. See Zerodha Vs Finvasia which is best NRI Demat Account.

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

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Zerodha Vs Finvasia

  Zerodha Finvasia
 
Zerodha Logo Finvasia Securities Pvt Ltd Logo
About the Broker Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... Know more about Zerodha Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE. Finvasia is the only broker ... Know more about Finvasia Securities Pvt Ltd
Account Type NRI Account NRI Account
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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Zerodha Vs Finvasia Charges

  Zerodha Finvasia
NRI Account Opening Fees ₹500 ₹199
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees ₹0 ₹0 (Free)
NRI Demat Account AMC ₹300 ₹0 per year (Lifetime Zero AMC)
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Zerodha Vs Finvasia NRI Account Brokerage Comparison

Brokerage Plan

  Zerodha Finvasia
Account Type NRI Account NRI Account
Equity Delivery 0.1% or max ₹200 per trade ₹0
Equity Futures ₹100 per trade ₹0
Equity Options ₹100 per trade ₹0

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Demat Account AMC: ₹300 yearly ₹0
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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Zerodha Vs Finvasia NRI Account Taxes/Fees

  Zerodha Finvasia
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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Zerodha Vs Finvasia NRI Account Exposure Margin

  Zerodha Finvasia
Equity Delivery 1x (100%)
Equity Futures 1x (100%)
Equity Options 1x (100%)
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Zerodha and Finvasia NRI Account Feature Comparison

  Zerodha Finvasia
3-in-1 Account No No
Automated Trading No Yes
Free Research And Tips No No
Other Features
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Zerodha Vs Finvasia NRI Account Review

  Zerodha Finvasia
  384 Customer Reviews    Rate Zerodha 19 Customer Reviews    Rate Finvasia
Fees 3.8 4.5
Brokerage 4.3 4.8
Trading Platform 3.6 3.1
Customer Service 3.4 4.6
Overall Rating Rated 3.7 stars Rated 4.5 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 384 customer reviews Finvasia is Rated 4.5 / 5 based on 19 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Finvasia
Contact Broker
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Zerodha Vs Finvasia NRI Investment Options

  Zerodha Finvasia
Stocks Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds No Yes
Other Investment Options
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Zerodha Vs Finvasia NRI Customer Service

  Zerodha Finvasia
Customer Care Number +91 172 667 0000
Customer Care Email nridesk@zerodha.com contactus@finvasia.com
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Zerodha Vs Finvasia Order Type Offered for NRI Account

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

  Zerodha Finvasia
Pros
  1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, Axis Bank, and Yes Bank NRI Bank Account.
  • Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
  • Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
  • NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
Cons
  1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
  • Finvasia charges technology costs to provide access to some of the trading platforms.
  • It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
  • Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
Conclusion

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, Axis Bank, and Yes Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.

Promo / Offers
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Zerodha Vs Finvasia - More Reviews

  Zerodha Finvasia
NRI Trading Review Zerodha NRI Account Review Finvasia NRI Account Review
Enquire Zerodha Enquire Finvasia
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