5paisa Vs Firstock NRI Account Comparison

5paisa Vs Firstock

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

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

Our 5paisa Capital Ltd comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between 5paisa and Firstock NRI Account.

 5paisaFirstock
 
 5paisa LogoFirstock 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 LtdFirstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati...Know more about Firstock Broking Private Limited
Account TypeNAEquity (PIS)
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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

5paisa Vs Firstock Charges

Expand
 5paisaFirstock
NRI Account Opening FeesNA
NRI Account AMCNA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 300 (₹75 charged quarterly)Rs 0 (Free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open 5paisa AccountOpen Firstock Account

5paisa Vs Firstock NRI Account Brokerage Comparison

Expand
Account Type5paisa NAFirstock Equity (PIS)
Equity DeliveryNA0.5% or Rs 200 per order, whichever is lower
Equity FuturesNARs 100 per executed order
Equity OptionsNARs 100 per executed order
Open 5paisa AccountOpen Firstock Account

Other Charges

Expand
Contract Note Reporting ChargesNA
Other Brokerage ChargesNAEquity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower
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 Firstock NRI Account Taxes/Fees

Expand
 5paisaFirstock
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 Firstock NRI Account Margin

Expand
 5paisa MarginFirstock 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 Firstock NRI Account Features

Expand
 5paisaFirstock
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features
Open 5paisa AccountOpen Firstock Account

5paisa Vs Firstock NRI Account Review

Expand
 5paisa ReviewFirstock Review
 97 Customer Reviews    Rate 5paisa1 Customer Reviews    Rate Firstock
FeesRated 2.9 starsRated 3.0 stars
BrokerageRated 3.5 starsRated 3.0 stars
Trading PlatformRated 2.7 starsRated 3.0 stars
Customer ServiceRated 2.1 starsRated 3.0 stars
Overall RatingRated 2.6 starsRated 3.0 stars
Broker Rating5paisa is Rated 2.6 / 5 based on 97 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews
Open 5paisa AccountOpen Firstock Account

Contact Broker / Request A Call Back

Expand
 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.
Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

5paisa Vs Firstock NRI Investment Options

*
 5paisaFirstock
StocksNoYes
Initial Public Offers (IPO)NoNo
Mutual FundsNoNo
Other Investment Options

5paisa Vs Firstock NRI Customer Service

Expand
 5paisaFirstock
Customer Care NumberNA
Customer Care EmailNA
Open 5paisa AccountOpen Firstock Account

5paisa Vs Firstock Order Type Offered for NRI Account

Expand
 5paisaFirstock
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)NoNo
Good Till Cancelled (GTC)NoNo

5paisa Vs Firstock - NRI Account Advantages and Disadvantages

Expand
 5paisaFirstock
Pros
  • No RBI approval is needed if you choose the Non-PIS route.
  • Lower compliance and paperwork.
  • Futures & Options trading is permitted.
  • Competitive brokerage and clearing charges.
  • Fully digital initiation of the process.

Cons
  • 5paisa does not offer NRI trading and demat account.
  • Physical document submission and IPV are mandatory.
  • F&O trading is not available through NRE–PIS accounts.
  • A custodian account is required for derivatives.
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.

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.

FirstockSpecial Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

Open 5paisa AccountOpen Firstock Account

Compare 5paisa and Firstock with other NRI Brokers

Compare 5paisaCompare Firstock
5paisa Vs Aditya Birla MoneyFirstock Vs Aditya Birla Money
5paisa Vs Alice BlueFirstock Vs Alice Blue
5paisa Vs Anand RathiFirstock Vs Anand Rathi
5paisa Vs Angel OneFirstock Vs Angel One
5paisa Vs AxisDirectFirstock Vs AxisDirect
5paisa Vs Choice BrokingFirstock Vs Choice Broking
5paisa Vs FyersFirstock Vs Fyers
5paisa Vs GeojitFirstock Vs Geojit
5paisa Vs HDFC SecuritiesFirstock Vs HDFC Securities
5paisa Vs ICICIdirectFirstock Vs ICICIdirect
5paisa Vs Jainam BrokingFirstock Vs Jainam Broking
5paisa Vs Kotak SecuritiesFirstock Vs Kotak Securities
5paisa Vs Mirae Asset SharekhanFirstock Vs Mirae Asset Sharekhan
5paisa Vs Motilal OswalFirstock Vs Motilal Oswal
5paisa Vs ProstocksFirstock Vs Prostocks
5paisa Vs SBI SecuritiesFirstock Vs SBI Securities
5paisa Vs SMC GlobalFirstock Vs SMC Global
5paisa Vs TradingoFirstock Vs Tradingo
5paisa Vs Yes SecuritiesFirstock Vs Yes Securities
5paisa Vs ZerodhaFirstock Vs Zerodha

Side-by-Side Comparison of Broker

5paisa Vs Firstock NRI Account Comparison