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5paisa Vs Geojit NRI Account Comparison

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

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

Our 5paisa Capital Ltd comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between 5paisa and Geojit NRI Account.

5paisa Vs Geojit

 5paisaGeojit
 
 5paisa LogoGeojit 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 LtdGeojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ...Know more about Geojit BNP Paribas
Account TypeNA
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.

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.


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5paisa Vs Geojit Charges

 5paisaGeojit
NRI Account Opening FeesNA
NRI Account AMCNA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 300Rs 400 per year
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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5paisa Vs Geojit NRI Account Brokerage Comparison

Account Type5paisa NAGeojit
Equity DeliveryNA
Equity FuturesNA
Equity OptionsNA
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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%
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5paisa Vs Geojit NRI Account Taxes/Fees

 5paisaGeojit
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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5paisa Vs Geojit NRI Account Margin

 5paisa MarginGeojit 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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5paisa and Geojit NRI Account Features

 5paisaGeojit
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoYes
Other Features
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5paisa Vs Geojit NRI Account Review

 5paisa ReviewGeojit Review
 97 Customer Reviews    Rate 5paisa113 Customer Reviews    Rate Geojit
FeesRated 2.9 starsRated 3.5 stars
BrokerageRated 3.5 starsRated 3.2 stars
Trading PlatformRated 2.7 starsRated 3.9 stars
Customer ServiceRated 2.1 starsRated 3.7 stars
Overall RatingRated 2.6 starsRated 3.6 stars
Broker Rating5paisa is Rated 2.6 / 5 based on 97 customer reviewsGeojit is Rated 3.6 / 5 based on 113 customer reviews
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Contact Broker / Request A Call Back

 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.
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.
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5paisa Vs Geojit NRI Investment Options

 5paisaGeojit
StocksNoYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Other Investment Options

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5paisa Vs Geojit NRI Customer Service

 5paisaGeojit
Customer Care NumberNA+91 0484 3911777
Customer Care EmailNAcustomercare@geojit.com
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5paisa Vs Geojit Order Type Offered for NRI Account

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

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5paisa Vs Geojit - NRI Account Advantages and Disadvantages

 5paisaGeojit
Pros
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
Cons
  • 5paisa does not offer NRI trading and demat account.
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
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.

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

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.

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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