Geojit Vs Fyers NRI Account Comparison

Geojit Vs Fyers

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

Find out Geojit Vs Fyers which is better NRI Trading Account. See Geojit Vs Fyers which is best NRI Demat Account.

Our Geojit BNP Paribas comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Geojit and Fyers NRI Account.

 GeojitFyers
 
 Geojit LogoFyers Logo
About the BrokerGeojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ...Know more about Geojit BNP ParibasFyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...Know more about Fyers Securities Ltd
Account TypeNRI 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.

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Geojit Vs Fyers Charges

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 GeojitFyers
NRI Account Opening FeesFree
NRI Account AMCFree
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 400 per yearRs 0 (Free AMC for Lifetime)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Geojit Vs Fyers NRI Account Brokerage Comparison

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Account TypeGeojit Fyers NRI Account
Equity Delivery₹50 and 0.5% for other services
Equity Futures₹50 per traded order
Equity Options₹50 per traded order
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Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage Charges
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%

Geojit Vs Fyers NRI Account Taxes/Fees

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 GeojitFyers
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.

Geojit Vs Fyers NRI Account Margin

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 Geojit MarginFyers 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.

Geojit and Fyers NRI Account Features

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 GeojitFyers
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
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Geojit Vs Fyers NRI Account Review

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 Geojit ReviewFyers Review
 113 Customer Reviews    Rate Geojit38 Customer Reviews    Rate Fyers
FeesRated 3.5 starsRated 3.4 stars
BrokerageRated 3.2 starsRated 3.6 stars
Trading PlatformRated 3.9 starsRated 3.2 stars
Customer ServiceRated 3.7 starsRated 3.0 stars
Overall RatingRated 3.6 starsRated 3.0 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsFyers is Rated 3.0 / 5 based on 38 customer reviews
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Contact Broker / Request A Call Back

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 Geojit EnquireGeojit 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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Geojit Vs Fyers NRI Investment Options

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 GeojitFyers
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

Geojit Vs Fyers NRI Customer Service

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 GeojitFyers
Customer Care Number+91 0484 3911777080-45699999
Customer Care Emailcustomercare@geojit.comsupport@fyers.in
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Geojit Vs Fyers Order Type Offered for NRI Account

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 GeojitFyers
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)NoNo
Good Till Cancelled (GTC)NoNo

Geojit Vs Fyers - NRI Account Advantages and Disadvantages

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 GeojitFyers
Pros
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
  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!
Cons
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
Conclusion

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

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.

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

FyersSpecial Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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Side-by-Side Comparison of Broker

Geojit Vs Fyers NRI Account Comparison