Anand Rathi Vs Angel One NRI Account Comparison

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.

• Advanced online trading platforms.
• Wide range of online trading platforms
• Offers research and recommendation tips.
• Offers Relationship Manager assistance
• Offers free call & trade facility for NRIs.
• Can open PIS account with multiple banks.
• Online Mutual Fund investment is available.

1. The flat-fee stock broker offers trading at a low brokerage charge.
2. Offers access to good trading software and tools.
3. Offer solid research advisory services.

• Charges brokerage in percentage which is higher than most of the discount brokers.
• It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
• NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.

1. Doesn't offer 3-in-1 accounts. Only offer 2-in-1 account combining trading and demat accounts. So, NRIs to first transfer funds from their PIS account to Angel One trading account before trading.
2. Doesn't offer Mutual Funds to NRI customers.

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

Angel One comes across as a decent choice for NRIs looking to trade in Indian stock markets. The company offers best-in-the-industry research services and trading recommendations to NRIs. It doesn't offer mutual fund investment services to NRIs. However, it charges a low flat-fee brokerage which makes it an attractive stock broker for NRIs.