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

Mirae Asset Sharekhan Vs Alice Blue NRI Account Comparison

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

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

Our Mirae Asset Sharekhan comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Alice Blue NRI Account.

Mirae Asset Sharekhan Vs Alice Blue

 Mirae Asset SharekhanAlice Blue
 
 Mirae Asset Sharekhan LogoAlice Blue 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 SharekhanAlice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 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 ca...Know more about Alice Blue Financial Services
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: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Expand

Mirae Asset Sharekhan Vs Alice Blue Charges

 Mirae Asset SharekhanAlice Blue
NRI Account Opening Fees₹2000NA
NRI Account AMC₹3000NA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 400 (Free for 1st year)Rs 400
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Alice Blue Account

Expand

Mirae Asset Sharekhan Vs Alice Blue NRI Account Brokerage Comparison

Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI AccountAlice Blue NA
Equity Delivery0.50%NA
Equity Futures0.1% on first leg and 0.02% on second legNA
Equity Options₹250 per contract noteNA
Open Alice Blue Account

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%
Expand

Mirae Asset Sharekhan Vs Alice Blue NRI Account Taxes/Fees

 Mirae Asset SharekhanAlice Blue
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

Mirae Asset Sharekhan Vs Alice Blue NRI Account Margin

 Mirae Asset Sharekhan MarginAlice Blue 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

Mirae Asset Sharekhan and Alice Blue NRI Account Features

 Mirae Asset SharekhanAlice Blue
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other FeaturesCall & Trade, Dedicated Relationship Manager, Branch Support
Open Alice Blue Account

Expand

Mirae Asset Sharekhan Vs Alice Blue NRI Account Review

 Mirae Asset Sharekhan ReviewAlice Blue Review
 316 Customer Reviews    Rate Mirae Asset Sharekhan40 Customer Reviews    Rate Alice Blue
FeesRated 3.0 starsRated 3.7 stars
BrokerageRated 2.8 starsRated 3.7 stars
Trading PlatformRated 3.7 starsRated 3.3 stars
Customer ServiceRated 3.3 starsRated 2.9 stars
Overall RatingRated 3.3 starsRated 3.1 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews
Open Alice Blue Account

Expand

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.
Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
*

Mirae Asset Sharekhan Vs Alice Blue NRI Investment Options

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

Expand

Mirae Asset Sharekhan Vs Alice Blue NRI Customer Service

 Mirae Asset SharekhanAlice Blue
Customer Care Number+91 022 6518500
Customer Care Emailnridesk@miraeassetsharekhan.com
Open Alice Blue Account

Expand

Mirae Asset Sharekhan Vs Alice Blue Order Type Offered for NRI Account

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

Expand

Mirae Asset Sharekhan Vs Alice Blue - NRI Account Advantages and Disadvantages

 Mirae Asset SharekhanAlice Blue
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.
  • Alice Blue 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.

Alice Blue, the Bangalore based financial service provider, 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 Alice Blue, 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

Alice BlueSpecial Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Alice Blue Account