Free Account Opening + AMC Free Demat
Loading...

Fyers Vs AxisDirect NRI Account Comparison

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

Find out Fyers Vs AxisDirect which is better NRI Trading Account. See Fyers Vs AxisDirect which is best NRI Demat Account.

Our Fyers Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Fyers and AxisDirect NRI Account.

Expand

Fyers Vs AxisDirect

  Fyers AxisDirect
 
  Fyers Securities Ltd Logo Axis Securities Logo
About the Broker Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d... Know more about Fyers Securities Ltd Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NRI Account NRI Account
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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.


Expand

Fyers Vs AxisDirect Charges

  Fyers AxisDirect
NRI Account Opening Fees Free ₹2500
NRI Account AMC Free ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 0 (Free AMC for Lifetime) Rs 650
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Fyers Account

Expand

Fyers Vs AxisDirect NRI Account Brokerage Comparison

Account Type Fyers NRI Account AxisDirect NRI Account
Equity Delivery ₹50 and 0.5% for other services 0.75%
Equity Futures ₹50 per traded order 0.05%
Equity Options ₹50 per traded order Intraday: 1p per lot, Carry Forward: ₹10 per lot
Open Fyers Account

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%
Expand

Fyers Vs AxisDirect NRI Account Taxes/Fees

  Fyers AxisDirect
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.

Expand

Fyers Vs AxisDirect NRI Account Margin

  Fyers Margin AxisDirect 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.


Expand

Fyers and AxisDirect NRI Account Features

  Fyers AxisDirect
3-in-1 Account No Yes
Automated Trading No
Free Research And Tips Yes
Other Features
Open Fyers Account

Expand

Fyers Vs AxisDirect NRI Account Review

  Fyers Review AxisDirect Review
  36 Customer Reviews    Rate Fyers 89 Customer Reviews    Rate AxisDirect
Fees 3.4 2.0
Brokerage 3.5 1.8
Trading Platform 3.1 2.5
Customer Service 2.9 2.1
Overall Rating Rated 2.9 stars Rated 2.0 stars
Broker Rating Fyers is Rated 2.9 / 5 based on 36 customer reviews AxisDirect is Rated 2.0 / 5 based on 89 customer reviews
Open Fyers Account

Expand

Contact Broker / Request A Call Back

  Fyers Enquire AxisDirect Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers 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.
*

Fyers Vs AxisDirect NRI Investment Options

  Fyers AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

Expand

Fyers Vs AxisDirect NRI Customer Service

  Fyers AxisDirect
Customer Care Number 080-45699999 +91 22 4257 0809
Customer Care Email support@fyers.in
Open Fyers Account

Expand

Fyers Vs AxisDirect Order Type Offered for NRI Account

  Fyers AxisDirect
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

Expand

Fyers Vs AxisDirect - NRI Account Advantages and Disadvantages

  Fyers AxisDirect
Pros
  1. Free online account opening and AMC charges
  2. Free equity delivery trading. No brokerage for cash & carry trades.
  3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
  4. No hidden charges. Very transparent fees/charges.
  5. In-house build trading platform offers flexibility to implement new features/services quickly.
  6. All trading software is available for free of charge.
  7. Fyers NRI account holders get access to research reports and economic calendar
  8. Refer your friends and earn 20% of the revenues generated by your friends, for life!
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online 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
Open Fyers Account

Comments

Add a public comment...

Compare More Brokers: