FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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The side-by-side comparison of IDBI Capital and Finvasia NRI Account. Compare IDBI Capital Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and IDBI Capital NRI Account reviews.
Find out IDBI Capital Vs Finvasia which is better NRI Trading Account. See IDBI Capital Vs Finvasia which is best NRI Demat Account.
Our IDBI Capital Markets and Securities Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and Finvasia NRI Account.
IDBI Capital | Finvasia | |
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About the Broker | IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha... | 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 ... |
Account Type | NRI Trading | NRI Account |
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. |
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. |
IDBI Capital | Finvasia | |
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NRI Account Opening Fees | ₹1500 | ₹199 |
NRI Account AMC | ₹0 | ₹0 |
NRI Demat Account Opening Fees | NIL | Rs 0 (Free) |
NRI Demat Account AMC | Rs 450 | Rs 0 per year (Lifetime Zero AMC) |
PIS Account AMC | NA | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
Account Type | IDBI Capital NRI Trading | Finvasia NRI Account |
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Equity Delivery | 0.50% | ₹0 |
Equity Futures | ₹0 | |
Equity Options | ₹0 | |
Contract Note Reporting Charges | NA | |
Other Brokerage Charges | Processing Charge: ₹75 per transaction | ₹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% |
IDBI Capital | Finvasia | |
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Securities Transaction Tax (STT) |
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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. |
IDBI Capital Margin | Finvasia Margin | |
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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. |
IDBI Capital | Finvasia | |
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3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | ||
IDBI Capital Enquire | Finvasia Enquire | |
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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. | 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. |
IDBI Capital | Finvasia | |
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Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options |
IDBI Capital | Finvasia | |
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Customer Care Number | 1800-22-3366, 022-3913 5001 | +91 172 667 0000 |
Customer Care Email | custcare@idbidirect.in | contactus@finvasia.com |
IDBI Capital | Finvasia | |
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Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
IDBI Capital | Finvasia | |
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Pros |
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Cons |
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Conclusion
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IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs. |
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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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