Geojit Vs Yes Securities 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.

• 30+ years of experience in the capital market in India.
• Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
• Dedicated research team offers investment and research tips to NRIs.
• Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.

• Offers NRI 3-in-1 account. Open all the three accounts at one shot.
• Provide free research tips and recommendations to all the customers including NRI.
• Dedicated relationship manager
• Earn 6% per annum interest on savings bank account balance.

• NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
• Doesn't offer services to the US, UK, Australia or Canada based NRIs.
• Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
• High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.

• Charges higher brokerage in comparison to the discount brokers.
• Yes securities don't offer trading terminal and automated trading facility.
• Doesn't have a 24/7 customer support desk.
• NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.