The side-by-side comparison of AxisDirect and Alice Blue NRI Account. Compare AxisDirect Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and AxisDirect NRI Account reviews.
Find out AxisDirect Vs Alice Blue which is better NRI Trading Account. See AxisDirect Vs Alice Blue which is best NRI Demat Account.
Our Axis Securities comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between AxisDirect and Alice Blue NRI Account.
| AxisDirect | Alice Blue | |
|---|---|---|
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| About the Broker | Axis 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... | Alice 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... |
| Account Type | NRI Account | NA |
| Special Offer | Special Offer: ₹0 Account Opening - with Axis Direct!
Options – ₹20 per trade ⏱ 5 min | 100% Online | Paperless | Special Offer: Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| AxisDirect | Alice Blue | |
|---|---|---|
| NRI Account Opening Fees | ₹2500 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 |
| NRI Demat Account AMC | Rs 750 (free for 1st year) | Rs 0 |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open AxisDirect Account | Open Alice Blue Account |
| Account Type | AxisDirect NRI Account | Alice Blue NA |
|---|---|---|
| Equity Delivery | 0.75% | NA |
| Equity Futures | 0.05% | NA |
| Equity Options | Intraday: 1p per lot, Carry Forward: ₹10 per lot | NA |
| Open AxisDirect Account | Open Alice Blue Account |
| Contract Note Reporting Charges | NA | |
| Other Brokerage Charges | PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50 | NA |
| 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% |
| AxisDirect | Alice Blue | |
|---|---|---|
| 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. |
| AxisDirect Margin | Alice Blue 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. | ||
| AxisDirect | Alice Blue | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open AxisDirect Account | Open Alice Blue Account |
| AxisDirect Review | Alice Blue Review | |
|---|---|---|
89 Customer Reviews  | 40 Customer Reviews | |
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| Trading Platform |  |  |
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| Broker Rating | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Open AxisDirect Account | Open Alice Blue Account |
| AxisDirect Enquire | AxisDirect Enquire | |
|---|---|---|
| Contact Broker | ₹0 Account Opening - with Axis Direct!
Options – ₹20 per trade ⏱ 5 min | 100% Online | Paperless | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| AxisDirect | Alice Blue | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| AxisDirect | Alice Blue | |
|---|---|---|
| Customer Care Number | +91 22 4257 0809 | |
| Customer Care Email | ||
| Open AxisDirect Account | Open Alice Blue Account |
| AxisDirect | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| AxisDirect | Alice Blue | |
|---|---|---|
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Conclusion | 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. | 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 | AxisDirectSpecial OfferWhy Choose Axis Direct
Open your instant Axis Direct account online and start trading today. | Alice BlueSpecial OfferExperience transparent pricing with no hidden fees at Alice Blue
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| Open AxisDirect Account | Open Alice Blue Account |
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