Fyers Vs Kotak 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.

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 integrated 3-in-1 Trinity account for fast and smooth trading experience.
2. Part of the reputed Kotak group
3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
4. AMO and GTC order types make it easy for NRIs to place orders at any time.
5. A dedicated research team for expert advice and recommendations
6. Offers a range of advanced online trading platforms and tools.
7. Offers online mutual fund, IPO and NCD investment facility.

1. Fyers NRI account holders are not allowed to invest in currency derivatives.

1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.

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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.