Fyers Vs Finvasia 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!

• Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
• Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
• NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.

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

• Finvasia charges technology costs to provide access to some of the trading platforms.
• It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
• Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.

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.

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.