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Sharekhan Vs 5paisa NRI Account Comparison

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

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

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

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Sharekhan Vs 5paisa

  Sharekhan 5paisa
 
  Sharekhan Logo 5paisa Capital Ltd Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan 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
Account Type Sharekhan NRI Account NA
Special Offer

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.

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.

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Sharekhan Vs 5paisa Charges

  Sharekhan 5paisa
NRI Account Opening Fees ₹2000 NA
NRI Account AMC ₹3000 NA
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 400 (Free for 1st year) Rs 300
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Sharekhan Vs 5paisa NRI Account Brokerage Comparison

Account Type Sharekhan Sharekhan NRI Account 5paisa NA
Equity Delivery 0.50% NA
Equity Futures 0.1% on first leg and 0.02% on second leg NA
Equity Options ₹250 per contract note NA
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1000 NA
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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Sharekhan Vs 5paisa NRI Account Taxes/Fees

  Sharekhan 5paisa
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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Sharekhan Vs 5paisa NRI Account Margin

  Sharekhan Margin 5paisa 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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Sharekhan and 5paisa NRI Account Features

  Sharekhan 5paisa
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
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Sharekhan Vs 5paisa NRI Account Review

  Sharekhan Review 5paisa Review
  313 Customer Reviews    Rate Sharekhan 96 Customer Reviews    Rate 5paisa
Fees 3.0 2.9
Brokerage 2.8 3.5
Trading Platform 3.7 2.8
Customer Service 3.3 2.2
Overall Rating Rated 3.3 stars Rated 2.6 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 313 customer reviews 5paisa is Rated 2.6 / 5 based on 96 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire 5paisa 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 and start trading today. 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.
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Sharekhan Vs 5paisa NRI Investment Options

  Sharekhan 5paisa
Stocks Yes No
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Other Investment Options PMS, Wealth Management

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Sharekhan Vs 5paisa NRI Customer Service

  Sharekhan 5paisa
Customer Care Number +91 022 6518500 NA
Customer Care Email nridesk@sharekhan.com NA
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Sharekhan Vs 5paisa Order Type Offered for NRI Account

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

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Sharekhan Vs 5paisa - NRI Account Advantages and Disadvantages

  Sharekhan 5paisa
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
Cons
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • 5paisa does not offer NRI trading and demat account.
Conclusion

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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.

Promo / Offers

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

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.
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