The side-by-side comparison of SBI Securities and Fyers NRI Account. Compare SBI Securities Vs Fyers NRI Account brokerage charges, exposure margin, demat account and AMC. Read Fyers and SBI Securities NRI Account reviews.
Find out SBI Securities Vs Fyers which is better NRI Trading Account. See SBI Securities Vs Fyers which is best NRI Demat Account.
Our SBI Securities Ltd comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between SBI Securities and Fyers NRI Account.
| SBI Securities | Fyers | |
|---|---|---|
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| About the Broker | State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... | Fyers 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... |
| Account Type | NRI Account | NRI 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. |
| SBI Securities | Fyers | |
|---|---|---|
| NRI Account Opening Fees | ₹2500 | Free |
| NRI Account AMC | ₹0 | Free |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 0 | Rs 0 (Free AMC for Lifetime) |
| PIS Account AMC | ₹900 | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Fyers Account |
| Account Type | SBI Securities NRI Account | Fyers NRI Account |
|---|---|---|
| Equity Delivery | 0.75% | ₹50 and 0.5% for other services |
| Equity Futures | ₹50 per traded order | |
| Equity Options | ₹50 per traded order | |
| Open Fyers Account |
| Contract Note Reporting Charges | ₹0 | NA |
| Other Brokerage Charges | ||
| 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% |
| SBI Securities | Fyers | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% 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. |
| SBI Securities Margin | Fyers Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
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. | ||
| SBI Securities | Fyers | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Fyers Account |
| SBI Securities Review | Fyers Review | |
|---|---|---|
165 Customer Reviews  | 38 Customer Reviews | |
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| Trading Platform | |  |
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| Overall Rating |  | |
| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | Fyers is Rated 3.0 / 5 based on 38 customer reviews |
| Open Fyers Account |
| SBI Securities Enquire | SBI Securities 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. |
| SBI Securities | Fyers | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Derivatives, FD |
| SBI Securities | Fyers | |
|---|---|---|
| Customer Care Number | +91 22 6153 6900 | 080-45699999 |
| Customer Care Email | nri@sbicapsec.com | support@fyers.in |
| Open Fyers Account |
| SBI Securities | Fyers | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| SBI Securities | Fyers | |
|---|---|---|
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Conclusion | SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs. | 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
| FyersSpecial OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
| Open Fyers Account |
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