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ICICIdirect Vs Alice Blue NRI Account Comparison

The side-by-side comparison of ICICIdirect and Alice Blue NRI Account. Compare ICICIdirect Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and ICICIdirect NRI Account reviews.

Find out ICICIdirect Vs Alice Blue which is better NRI Trading Account. See ICICIdirect Vs Alice Blue which is best NRI Demat Account.

Our ICICI Securities Pvt Ltd. comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between ICICIdirect and Alice Blue NRI Account.

ICICIdirect Vs Alice Blue

	ICICIdirect	Alice Blue
	ICICIdirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs	Alice Blue Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

About the Broker	ICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account. The ICICI 3 in 1 Account for NRI enab...	Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with us. NRI's ca...
Account Type	NRI Account	NA
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.	Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

ICICIdirect Vs Alice Blue Charges

	ICICIdirect	Alice Blue
NRI Account Opening Fees	₹4000	NA
NRI Account AMC	₹0	NA
NRI Demat Account Opening Fees	Rs 0 (Free)	Rs 0
NRI Demat Account AMC	For Individual account: Rs. 700 p.a.	Rs 400
PIS Account AMC		NA
RBI approval for PIS (One time)	₹500 + GST	₹500 + GST
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ICICIdirect Vs Alice Blue NRI Account Brokerage Comparison

Account Type	ICICIdirect NRI Account	Alice Blue NA
Equity Delivery	0.50% - 1.25%	NA
Equity Futures	0.03% - 0.05%	NA
Equity Options	₹70 to ₹95	NA
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Other Charges

Contract Note Reporting Charges		NA
Other Brokerage Charges		NA
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%

ICICIdirect Vs Alice Blue NRI Account Taxes/Fees

	ICICIdirect	Alice Blue
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 exercised 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 exercised 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.

ICICIdirect Vs Alice Blue NRI Account Margin

	ICICIdirect Margin	Alice Blue 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.

ICICIdirect and Alice Blue NRI Account Features

	ICICIdirect	Alice Blue
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
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ICICIdirect Vs Alice Blue NRI Account Review

	ICICIdirect Review	Alice Blue Review
	484 Customer Reviews	40 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating	ICICIdirect is Rated 2.3 / 5 based on 484 customer reviews	Alice Blue is Rated 3.1 / 5 based on 40 customer reviews
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Contact Broker / Request A Call Back

	ICICIdirect Enquire	ICICIdirect 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.	Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

ICICIdirect Vs Alice Blue NRI Investment Options

	ICICIdirect	Alice Blue
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options	ETF, Corporate Bonds, NCD, FD, Insurance

ICICIdirect Vs Alice Blue NRI Customer Service

	ICICIdirect	Alice Blue
Customer Care Number	+91-22-28307780
Customer Care Email	nri@icicidirect.com
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ICICIdirect Vs Alice Blue Order Type Offered for NRI Account

	ICICIdirect	Alice Blue
Bracket Order
Cover Order
After Market Order (AMO)
Good Till Cancelled (GTC)

ICICIdirect Vs Alice Blue - NRI Account Advantages and Disadvantages

	ICICIdirect	Alice Blue
Pros	India's leading stockbroker. Part of the prestigious ICICI group, a financial services conglomerate. ICICI 3-in-1 NRI Account offers the easiest online trading experience. It offers an online trading facility with automatic fund transfer and PIS reporting. Invest online in Mutual Fund, NCD, FD, IPO, etc. GTC (or GTD, VTD) and AMO order types are available for placing orders in non-trading hours. It has a very stable trading platform.
Cons	While ICICI trading platform gets the job done, it is very old trading software with poor user experience in comparison to the next generation online brokers like Zerodha, upstox, and 5paisa. The equity delivery brokerage is higher in comparison to discount brokers like Zerodha. With ICICI, a buy order or Rs 1 lakhs will cost Rs 1250 (1.25%) in brokerage. The same order at Zerodha cost Rs 200 in brokerage. NRIs from the UK (United Kingdom) cannot invest in IPO and Mutual Fund through ICICIDirect.com ICICI Bank doesn't offer online account opening to NRIs apart from customers from the US. Online account opening is also not available to Minor NRIs from the US.	Alice Blue does not offer NRI trading and demat account.
Conclusion	ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings.	Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks. If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.
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	Alice BlueSpecial Offer Free Equity Delivery Trade Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.
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