The side-by-side comparison of Anand Rathi and Zerodha NRI Account. Compare Anand Rathi Vs Zerodha NRI Account brokerage charges, exposure margin, demat account and AMC. Read Zerodha and Anand Rathi NRI Account reviews.
Find out Anand Rathi Vs Zerodha which is better NRI Trading Account. See Anand Rathi Vs Zerodha which is best NRI Demat Account.
Our Anand Rathi comparison with Zerodha highlights the major differences between two brokers. Find the best between Anand Rathi and Zerodha NRI Account.
Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...
Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account...
Account Type
NRI Account
NRI Account
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
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.
Anand Rathi Vs Zerodha NRI Account Margin
Anand Rathi Margin
Zerodha 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.
Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Anand Rathi Vs Zerodha Order Type Offered for NRI Account
Anand Rathi
Zerodha
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Anand Rathi Vs Zerodha - NRI Account Advantages and Disadvantages
Anand Rathi
Zerodha
Pros
Advanced online trading platforms.
Wide range of online trading platforms
Offers research and recommendation tips.
Offers Relationship Manager assistance
Offers free call & trade facility for NRIs.
Can open PIS account with multiple banks.
Online Mutual Fund investment is available.
Discount stock broker offer trading at a low brokerage charges. Zerodha charges Rs 200 per trade (PIS Account) and Rs 100 per trade (Non-PIS account) whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for Rs 1 lakh, you pay Rs 750 with a full-service stock broker whereas Zerodha will charge you Rs 200.
India's largest stock broker in terms of active customers.
Offers access to best-in-industry trading software and tools.
Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
Cons
Charges brokerage in percentage which is higher than most of the discount brokers.
It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
Doesn't offer Mutual Funds to NRI customers.
Doesn't provide research reports or analysis.
Conclusion
Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.
Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.