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Zerodha Vs Yes Securities NRI Account Comparison

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

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

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

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Zerodha Vs Yes Securities

  Zerodha Yes Securities
 
  Zerodha Logo Yes Securities Limited 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 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 Account NRI Investment Account
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Zerodha Vs Yes Securities Charges

  Zerodha Yes Securities
NRI Account Opening Fees ₹500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 300 Rs 500
PIS Account AMC NA ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Zerodha Vs Yes Securities NRI Account Brokerage Comparison

Account Type Zerodha NRI Account Yes Securities NRI Investment Account
Equity Delivery 0.1% or max ₹200 per trade
Equity Futures ₹100 per trade ₹100 per contact
Equity Options ₹100 per trade ₹100 per contact
Open Zerodha AccountEnquire Yes Securities

Other Charges

Contract Note Reporting Charges NA ₹100 per contact note
Other Brokerage Charges Demat Account AMC: ₹300 yearly
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 Yes Securities NRI Account Taxes/Fees

  Zerodha 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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Zerodha Vs Yes Securities NRI Account Margin

  Zerodha 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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Zerodha and Yes Securities NRI Account Features

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

  Zerodha Review Yes Securities Review
  452 Customer Reviews    Rate Zerodha 2 Customer Reviews    Rate Yes Securities
Fees 3.7 3.0
Brokerage 4.3 1.0
Trading Platform 3.6 3.0
Customer Service 3.4 3.0
Overall Rating Rated 3.7 stars Rated 2.0 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 452 customer reviews Yes Securities is Rated 2.0 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Zerodha 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 online with Zerodha and start trading today. Leave your contact information and we will get in touch with you....
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Zerodha Vs Yes Securities NRI Investment Options

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

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Zerodha Vs Yes Securities NRI Customer Service

  Zerodha Yes Securities
Customer Care Number +91 80 4718 1888 +91 22 7112 3123
Customer Care Email nridesk@zerodha.com customer.service@ysil.in
Open Zerodha AccountEnquire Yes Securities

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Zerodha Vs Yes Securities Order Type Offered for NRI Account

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

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Zerodha Vs Yes Securities - NRI Account Advantages and Disadvantages

  Zerodha Yes Securities
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, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
  • 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
  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.
  • 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

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, IndusInd Bank, IDFC FIRST Bank and Axis 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.

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

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

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

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