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Mirae Asset Sharekhan Vs 5paisa NRI Account Comparison

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

Find out Mirae Asset Sharekhan Vs 5paisa which is better NRI Trading Account. See Mirae Asset Sharekhan Vs 5paisa which is best NRI Demat Account.

Our Mirae Asset Sharekhan comparison with 5paisa Capital Ltd highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and 5paisa NRI Account.

Mirae Asset Sharekhan Vs 5paisa

 Mirae Asset Sharekhan5paisa
 
 Mirae Asset Sharekhan Logo5paisa Logo
About the BrokerEstablished in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves...Know more about Mirae Asset Sharekhan5paisa 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 Ltd
Account TypeMirae Asset Sharekhan NRI AccountNA
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: 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.

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Mirae Asset Sharekhan Vs 5paisa Charges

 Mirae Asset Sharekhan5paisa
NRI Account Opening Fees₹2000NA
NRI Account AMC₹3000NA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 400 (Free for 1st year)Rs 300
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Mirae Asset Sharekhan Vs 5paisa NRI Account Brokerage Comparison

Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI Account5paisa NA
Equity Delivery0.50%NA
Equity Futures0.1% on first leg and 0.02% on second legNA
Equity Options₹250 per contract noteNA
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Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesPIS Acct AMC: ₹1000NA
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%
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Mirae Asset Sharekhan Vs 5paisa NRI Account Taxes/Fees

 Mirae Asset Sharekhan5paisa
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.

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Mirae Asset Sharekhan Vs 5paisa NRI Account Margin

 Mirae Asset Sharekhan Margin5paisa 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.


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Mirae Asset Sharekhan and 5paisa NRI Account Features

 Mirae Asset Sharekhan5paisa
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other FeaturesCall & Trade, Dedicated Relationship Manager, Branch Support
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Mirae Asset Sharekhan Vs 5paisa NRI Account Review

 Mirae Asset Sharekhan Review5paisa Review
 316 Customer Reviews    Rate Mirae Asset Sharekhan97 Customer Reviews    Rate 5paisa
FeesRated 3.0 starsRated 2.9 stars
BrokerageRated 2.8 starsRated 3.5 stars
Trading PlatformRated 3.7 starsRated 2.7 stars
Customer ServiceRated 3.3 starsRated 2.1 stars
Overall RatingRated 3.3 starsRated 2.6 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews5paisa is Rated 2.6 / 5 based on 97 customer reviews
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Contact Broker / Request A Call Back

 Mirae Asset Sharekhan EnquireMirae Asset Sharekhan 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.
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.
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Mirae Asset Sharekhan Vs 5paisa NRI Investment Options

 Mirae Asset Sharekhan5paisa
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment OptionsPMS, Wealth Management

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Mirae Asset Sharekhan Vs 5paisa NRI Customer Service

 Mirae Asset Sharekhan5paisa
Customer Care Number+91 022 6518500NA
Customer Care Emailnridesk@miraeassetsharekhan.comNA
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Mirae Asset Sharekhan Vs 5paisa Order Type Offered for NRI Account

 Mirae Asset Sharekhan5paisa
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

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Mirae Asset Sharekhan Vs 5paisa - NRI Account Advantages and Disadvantages

 Mirae Asset Sharekhan5paisa
Pros
  1. One of the largest stockbrokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs, and Bonds.
  5. Offers PMS services for wealth management.
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
Cons
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • 5paisa does not offer NRI trading and demat account.
Conclusion

Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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

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.

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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.

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