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Choice Broking Vs Yes Securities NRI Account Comparison

The side-by-side comparison of Choice Broking and Yes Securities NRI Account. Compare Choice Broking Vs Yes Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Yes Securities and Choice Broking NRI Account reviews.

Find out Choice Broking Vs Yes Securities which is better NRI Trading Account. See Choice Broking Vs Yes Securities which is best NRI Demat Account.

Our Choice Equity Broking Private Limited comparison with Yes Securities Limited highlights the major differences between two brokers. Find the best between Choice Broking and Yes Securities NRI Account.

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Choice Broking Vs Yes Securities

  Choice Broking Yes Securities
 
  Choice Equity Broking Private Limited Logo Yes Securities Limited Logo
About the Broker Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NR... Know more about Choice Equity Broking Private Limited Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... Know more about Yes Securities Limited
Account Type NRI Trading NRI Investment 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.


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Choice Broking Vs Yes Securities Charges

  Choice Broking Yes Securities
NRI Account Opening Fees ₹0
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 200 or as per plan. (1st year AMC free) Rs 500
PIS Account AMC NA ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Choice Broking Vs Yes Securities NRI Account Brokerage Comparison

Account Type Choice Broking NRI Trading Yes Securities NRI Investment Account
Equity Delivery 0.50%
Equity Futures 0.03% ₹100 per contact
Equity Options ₹100 per lot ₹100 per contact

Other Charges

Contract Note Reporting Charges NA ₹100 per contact note
Other Brokerage Charges Demat Account AMC - ₹200 per year
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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Choice Broking Vs Yes Securities NRI Account Taxes/Fees

  Choice Broking Yes Securities
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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Choice Broking Vs Yes Securities NRI Account Margin

  Choice Broking Margin Yes Securities 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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Choice Broking and Yes Securities NRI Account Features

  Choice Broking Yes Securities
3-in-1 Account No Yes
Automated Trading No
Free Research And Tips Yes Yes
Other Features

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Choice Broking Vs Yes Securities NRI Account Review

  Choice Broking Review Yes Securities Review
  19 Customer Reviews    Rate Choice Broking 4 Customer Reviews    Rate Yes Securities
Fees 3.8 3.3
Brokerage 2.9 2.0
Trading Platform 3.3 3.0
Customer Service 3.1 2.8
Overall Rating Rated 2.9 stars Rated 2.5 stars
Broker Rating Choice Broking is Rated 2.9 / 5 based on 19 customer reviews Yes Securities is Rated 2.5 / 5 based on 4 customer reviews

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Contact Broker / Request A Call Back

  Choice Broking Enquire Yes Securities 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. 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.
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Choice Broking Vs Yes Securities NRI Investment Options

  Choice Broking Yes Securities
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options

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Choice Broking Vs Yes Securities NRI Customer Service

  Choice Broking Yes Securities
Customer Care Number 022-67079903, 9819545987 +91 22 7112 3123
Customer Care Email nri@choiceindia.com customer.service@ysil.in

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Choice Broking Vs Yes Securities Order Type Offered for NRI Account

  Choice Broking Yes Securities
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No

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Choice Broking Vs Yes Securities - NRI Account Advantages and Disadvantages

  Choice Broking Yes Securities
Pros
  • Free account opening.
  • Advisory services with access to a wide range of research reports.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Dedicated relationship manager.
  • 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.
Cons
  • Higher brokerage charges when compared to other discount brokers.
  • Do not offer 3-in-1 account services.
  • Do not provide an online account opening facility.
  • 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).
Conclusion

Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses.

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.

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

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

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