5paisa Vs AxisDirect NRI Account Comparison

5paisa Vs AxisDirect

The side-by-side comparison of 5paisa and AxisDirect NRI Account. Compare 5paisa Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and 5paisa NRI Account reviews.

Find out 5paisa Vs AxisDirect which is better NRI Trading Account. See 5paisa Vs AxisDirect which is best NRI Demat Account.

Our 5paisa Capital Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between 5paisa and AxisDirect NRI Account.

Ā 5paisaAxisDirect
Ā 
Ā 5paisa LogoAxisDirect Logo
About the Broker5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 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 can ope...Know more about 5paisa Capital LtdAxis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w...Know more about Axis Securities
Account TypeNANRI Account
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Special Offer:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

5paisa Vs AxisDirect Charges

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Ā 5paisaAxisDirect
NRI Account Opening FeesNA₹2500
NRI Account AMCNA₹0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 300 (₹75 charged quarterly)Rs 750 (free for 1st year)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open 5paisa AccountOpen AxisDirect Account

5paisa Vs AxisDirect NRI Account Brokerage Comparison

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Account Type5paisa NAAxisDirect NRI Account
Equity DeliveryNA0.75%
Equity FuturesNA0.05%
Equity OptionsNAIntraday: 1p per lot, Carry Forward: ₹10 per lot
Open 5paisa AccountOpen AxisDirect Account

Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage ChargesNAPIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%

5paisa Vs AxisDirect NRI Account Taxes/Fees

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Ā 5paisaAxisDirect
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 ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% 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.

5paisa Vs AxisDirect NRI Account Margin

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Ā 5paisa MarginAxisDirect Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

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.

5paisa and AxisDirect NRI Account Features

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Ā 5paisaAxisDirect
3-in-1 AccountNoYes
Automated TradingNoNo
Free Research And TipsNoYes
Other Features
Open 5paisa AccountOpen AxisDirect Account

5paisa Vs AxisDirect NRI Account Review

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Ā 5paisa ReviewAxisDirect Review
Ā 97 Customer Reviews Ā Ā Ā Rate 5paisa89 Customer Reviews Ā Ā Ā Rate AxisDirect
FeesRated 2.9 starsRated 2.0 stars
BrokerageRated 3.5 starsRated 1.8 stars
Trading PlatformRated 2.7 starsRated 2.5 stars
Customer ServiceRated 2.1 starsRated 2.1 stars
Overall RatingRated 2.6 starsRated 2.0 stars
Broker Rating5paisa is Rated 2.6 / 5 based on 97 customer reviewsAxisDirect is Rated 2.0 / 5 based on 89 customer reviews
Open 5paisa AccountOpen AxisDirect Account

Contact Broker / Request A Call Back

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Ā 5paisa Enquire5paisa Enquire
Contact Broker
FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

5paisa Vs AxisDirect NRI Investment Options

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Ā 5paisaAxisDirect
StocksNoYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Other Investment Options

5paisa Vs AxisDirect NRI Customer Service

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Ā 5paisaAxisDirect
Customer Care NumberNA+91 22 4257 0809
Customer Care EmailNA
Open 5paisa AccountOpen AxisDirect Account

5paisa Vs AxisDirect Order Type Offered for NRI Account

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Ā 5paisaAxisDirect
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoYes

5paisa Vs AxisDirect - NRI Account Advantages and Disadvantages

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Ā 5paisaAxisDirect
Pros
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  • 5paisa does not offer NRI trading and demat account.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

5paisa, the 2nd largest discount stock broker in India, 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 5paisa, you have to close it and open a new account with another broker who offers NRI services.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

5paisaSpecial Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

AxisDirectSpecial Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

Open 5paisa AccountOpen AxisDirect Account

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