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5paisa Vs Finvasia NRI Account Comparison

The side-by-side comparison of 5paisa and Finvasia NRI Account. Compare 5paisa Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and 5paisa NRI Account reviews.

Find out 5paisa Vs Finvasia which is better NRI Trading Account. See 5paisa Vs Finvasia which is best NRI Demat Account.

Our 5paisa Capital Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between 5paisa and Finvasia NRI Account.

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5paisa Vs Finvasia

  5paisa Finvasia
 
  5paisa Capital Ltd Logo Finvasia Securities Pvt Ltd Logo
About the Broker 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 2019, 'We wish to inform you that currently we are not offering our services to NRIs, only Resident Indians can open an account with us. ... Know more about 5paisa Capital Ltd 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 NA NRI Account
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - 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.


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5paisa Vs Finvasia Charges

  5paisa Finvasia
NRI Account Opening Fees NA ₹199
NRI Account AMC NA ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 300 Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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5paisa Vs Finvasia NRI Account Brokerage Comparison

Account Type 5paisa NA Finvasia NRI Account
Equity Delivery NA ₹0
Equity Futures NA ₹0
Equity Options NA ₹0
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Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges NA ₹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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5paisa Vs Finvasia NRI Account Taxes/Fees

  5paisa 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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5paisa Vs Finvasia NRI Account Margin

  5paisa Margin Finvasia 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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5paisa and Finvasia NRI Account Features

  5paisa Finvasia
3-in-1 Account No No
Automated Trading No Yes
Free Research And Tips No No
Other Features
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5paisa Vs Finvasia NRI Account Review

  5paisa Review Finvasia Review
  96 Customer Reviews    Rate 5paisa 64 Customer Reviews    Rate Finvasia
Fees 2.9 4.6
Brokerage 3.5 4.8
Trading Platform 2.8 3.2
Customer Service 2.2 3.8
Overall Rating Rated 2.6 stars Rated 4.1 stars
Broker Rating 5paisa is Rated 2.6 / 5 based on 96 customer reviews Finvasia is Rated 4.1 / 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire Finvasia Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. 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.
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5paisa Vs Finvasia NRI Investment Options

  5paisa Finvasia
Stocks No Yes
Initial Public Offers (IPO) No No
Mutual Funds No Yes
Other Investment Options

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5paisa Vs Finvasia NRI Customer Service

  5paisa Finvasia
Customer Care Number NA +91 172 667 0000
Customer Care Email NA contactus@finvasia.com
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5paisa Vs Finvasia Order Type Offered for NRI Account

  5paisa Finvasia
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No

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5paisa Vs Finvasia - NRI Account Advantages and Disadvantages

  5paisa Finvasia
Pros
  • 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
  • 5paisa does not offer NRI trading and demat account.
  • 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

5paisa, the 2nd largest discount stock broker in India, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with 5paisa, you have to close it and open a new account with another broker who offers NRI services.

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

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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