Does a broker charge different brokerage for NRO and NRE Account?

Zerodha (Flat Rs 20 Per Trade)

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.

The brokerage fee for the NRO and NRE demat and trading account are the same. The NRE and NRO demat account works in a very similar way. The major difference is NRE bank account transactions are reported to RBI.

Following are the brokerage charged by popular stock brokers in India-

Zerodha NRI brokerage is 0.1% or Rs 200(whichever is lower) for Equity delivery and flat Rs 100/trade for F&O.
Sharekhan NRI brokerage is 0.50% of the transaction value for Equity Delivery, 0.1% on first leg and 0.02% on second leg for Equity Futures and Rs 250 per contract for Equity Options
ICICI Bank NRI brokerage is 1.25% for Equity Delivery, 0.05% for Equity Future and Rs 95 per lot for Equity Options trading.

Topic: NRE vs NRO Bank Account in India for NRI Article

1 Comments

1. Shripad Bhadti

| Link|June 18, 2020 12:08:49 PMReply

HI, Any trading account in India, allows a UK NRI (NRE or NRO) trading accountholder to buy or sell an IPO or OFS or Rights shares ? I am with ICICIDirect and they donot allow UK NRI to buy IPO or Rights or OFS.

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