Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

ICICIdirect Vs 5paisa NRI Account Comparison

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

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

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

ICICIdirect Vs 5paisa

 ICICIdirect5paisa
 
 ICICIdirect Logo5paisa Logo
About the BrokerICICI 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...Know more about ICICI Securities Pvt Ltd.5paisa 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 TypeNRI 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.

Expand

ICICIdirect Vs 5paisa Charges

 ICICIdirect5paisa
NRI Account Opening Fees₹4000NA
NRI Account AMC₹0NA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCFor Individual account: Rs. 700 p.a.Rs 300
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open 5paisa Account

Expand

ICICIdirect Vs 5paisa NRI Account Brokerage Comparison

Account TypeICICIdirect NRI Account5paisa NA
Equity Delivery0.50% - 1.25%NA
Equity Futures0.03% - 0.05%NA
Equity Options₹70 to ₹95NA
Open 5paisa Account

Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesNA
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%
Expand

ICICIdirect Vs 5paisa NRI Account Taxes/Fees

 ICICIdirect5paisa
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.

Expand

ICICIdirect Vs 5paisa NRI Account Margin

 ICICIdirect 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.


Expand

ICICIdirect and 5paisa NRI Account Features

 ICICIdirect5paisa
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
Open 5paisa Account

Expand

ICICIdirect Vs 5paisa NRI Account Review

 ICICIdirect Review5paisa Review
 484 Customer Reviews    Rate ICICIdirect97 Customer Reviews    Rate 5paisa
FeesRated 2.2 starsRated 2.9 stars
BrokerageRated 1.7 starsRated 3.5 stars
Trading PlatformRated 3.3 starsRated 2.7 stars
Customer ServiceRated 2.6 starsRated 2.1 stars
Overall RatingRated 2.3 starsRated 2.6 stars
Broker RatingICICIdirect is Rated 2.3 / 5 based on 484 customer reviews5paisa is Rated 2.6 / 5 based on 97 customer reviews
Open 5paisa Account

Expand

Contact Broker / Request A Call Back

 ICICIdirect EnquireICICIdirect 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.
*

ICICIdirect Vs 5paisa NRI Investment Options

 ICICIdirect5paisa
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment OptionsETF, Corporate Bonds, NCD, FD, Insurance

Expand

ICICIdirect Vs 5paisa NRI Customer Service

 ICICIdirect5paisa
Customer Care Number+91-22-28307780NA
Customer Care Emailnri@icicidirect.comNA
Open 5paisa Account

Expand

ICICIdirect Vs 5paisa Order Type Offered for NRI Account

 ICICIdirect5paisa
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

Expand

ICICIdirect Vs 5paisa - NRI Account Advantages and Disadvantages

 ICICIdirect5paisa
Pros
  1. India's leading stockbroker. Part of the prestigious ICICI group, a financial services conglomerate.
  2. ICICI 3-in-1 NRI Account offers the easiest online trading experience.
  3. It offers an online trading facility with automatic fund transfer and PIS reporting.
  4. Invest online in Mutual Fund, NCD, FD, IPO, etc.
  5. GTC (or GTD, VTD) and AMO order types are available for placing orders in non-trading hours.
  6. It has a very stable trading platform.
Cons
  1. 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.
  2. 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.
  3. NRIs from the UK (United Kingdom) cannot invest in IPO and Mutual Fund through ICICIDirect.com
  4. 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.
  • 5paisa 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.

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.

Open Instant Demat Account Read Reviews

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.

Open 5paisa Account