Anand Rathi Vs AxisDirect NRI Account Comparison

Anand Rathi Vs AxisDirect

The side-by-side comparison of Anand Rathi and AxisDirect NRI Account. Compare Anand Rathi Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Anand Rathi NRI Account reviews.

Find out Anand Rathi Vs AxisDirect which is better NRI Trading Account. See Anand Rathi Vs AxisDirect which is best NRI Demat Account.

Our Anand Rathi comparison with Axis Securities highlights the major differences between two brokers. Find the best between Anand Rathi and AxisDirect NRI Account.

Ā Anand RathiAxisDirect
Ā 
Ā Anand Rathi LogoAxisDirect Logo
About the BrokerAnand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...Know more about Anand RathiAxis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w...Know more about Axis Securities
Account TypeNRI 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:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Anand Rathi Vs AxisDirect Charges

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Ā Anand RathiAxisDirect
NRI Account Opening FeesRs 0₹2500
NRI Account AMCRs 0₹0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMC450 + GST 18% = 532 (1st year free)Rs 750 (free for 1st year)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Anand Rathi Vs AxisDirect NRI Account Brokerage Comparison

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Account TypeAnand Rathi NRI AccountAxisDirect NRI Account
Equity Delivery0.30%0.75%
Equity Futures0.03%0.05%
Equity OptionsRs 50 per lotIntraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage ChargesDemat AMC: Rs 450 per yearPIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%

Anand Rathi Vs AxisDirect NRI Account Taxes/Fees

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Ā Anand RathiAxisDirect
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.

Anand Rathi Vs AxisDirect NRI Account Margin

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Ā Anand Rathi MarginAxisDirect 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.

Anand Rathi and AxisDirect NRI Account Features

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Ā Anand RathiAxisDirect
3-in-1 AccountNoYes
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
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Anand Rathi Vs AxisDirect NRI Account Review

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Ā Anand Rathi ReviewAxisDirect Review
Ā 18 Customer Reviews Ā Ā Ā Rate Anand Rathi89 Customer Reviews Ā Ā Ā Rate AxisDirect
FeesRated 3.1 starsRated 2.0 stars
BrokerageRated 3.2 starsRated 1.8 stars
Trading PlatformRated 3.0 starsRated 2.5 stars
Customer ServiceRated 3.2 starsRated 2.1 stars
Overall RatingRated 2.9 starsRated 2.0 stars
Broker RatingAnand Rathi is Rated 2.9 / 5 based on 18 customer reviewsAxisDirect is Rated 2.0 / 5 based on 89 customer reviews
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Contact Broker / Request A Call Back

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Ā Anand Rathi EnquireAnand Rathi 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.

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Anand Rathi Vs AxisDirect NRI Investment Options

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Ā Anand RathiAxisDirect
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

Anand Rathi Vs AxisDirect NRI Customer Service

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Ā Anand RathiAxisDirect
Customer Care Number0291 666 1001+91 22 4257 0809
Customer Care Emailnridesk@rathi.com
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Anand Rathi Vs AxisDirect Order Type Offered for NRI Account

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Ā Anand RathiAxisDirect
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

Anand Rathi Vs AxisDirect - NRI Account Advantages and Disadvantages

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Ā Anand RathiAxisDirect
Pros
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

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

AxisDirectSpecial Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

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Compare Anand Rathi and AxisDirect with other NRI Brokers

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Side-by-Side Comparison of Broker

Anand Rathi Vs AxisDirect NRI Account Comparison