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Mirae Asset Sharekhan Vs Fyers NRI Account Comparison

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

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

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

Mirae Asset Sharekhan Vs Fyers

 Mirae Asset SharekhanFyers
 
 Mirae Asset Sharekhan LogoFyers 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 SharekhanFyers 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 TypeMirae Asset Sharekhan NRI AccountNRI 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.

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Mirae Asset Sharekhan Vs Fyers Charges

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

Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI AccountFyers NRI Account
Equity Delivery0.50%₹50 and 0.5% for other services
Equity Futures0.1% on first leg and 0.02% on second leg₹50 per traded order
Equity Options₹250 per contract note₹50 per traded order
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Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesPIS Acct AMC: ₹1000
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 Fyers NRI Account Taxes/Fees

 Mirae Asset SharekhanFyers
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 Fyers NRI Account Margin

 Mirae Asset Sharekhan 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.


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Mirae Asset Sharekhan and Fyers NRI Account Features

 Mirae Asset SharekhanFyers
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 Fyers NRI Account Review

 Mirae Asset Sharekhan ReviewFyers Review
 316 Customer Reviews    Rate Mirae Asset Sharekhan37 Customer Reviews    Rate Fyers
FeesRated 3.0 starsRated 3.4 stars
BrokerageRated 2.8 starsRated 3.5 stars
Trading PlatformRated 3.7 starsRated 3.2 stars
Customer ServiceRated 3.3 starsRated 2.9 stars
Overall RatingRated 3.3 starsRated 2.9 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsFyers is Rated 2.9 / 5 based on 37 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.
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.
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Mirae Asset Sharekhan Vs Fyers NRI Investment Options

 Mirae Asset SharekhanFyers
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsPMS, Wealth Management

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Mirae Asset Sharekhan Vs Fyers NRI Customer Service

 Mirae Asset SharekhanFyers
Customer Care Number+91 022 6518500080-45699999
Customer Care Emailnridesk@miraeassetsharekhan.comsupport@fyers.in
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Mirae Asset Sharekhan Vs Fyers Order Type Offered for NRI Account

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

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Mirae Asset Sharekhan Vs Fyers - NRI Account Advantages and Disadvantages

 Mirae Asset SharekhanFyers
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.
  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
  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.
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
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.

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.

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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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