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

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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.


1. Shripad Bhadti  Jun 18, 2020 12:08 I Like It. | Report Abuse Reply
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.