Angel One Vs Choice Broking NRI Account Comparison

1. The flat-fee stock broker offers trading at a low brokerage charge.
2. Offers access to good trading software and tools.
3. Offer solid research advisory services.

• Free account opening.
• Advisory services with access to a wide range of research reports.
• Convenient Mutual Fund investment through a mobile app or website.
• Dedicated relationship manager.

1. Doesn't offer 3-in-1 accounts. Only offer 2-in-1 account combining trading and demat accounts. So, NRIs to first transfer funds from their PIS account to Angel One trading account before trading.
2. Doesn't offer Mutual Funds to NRI customers.

• Higher brokerage charges when compared to other discount brokers.
• Do not offer 3-in-1 account services.
• Do not provide an online account opening facility.

Angel One comes across as a decent choice for NRIs looking to trade in Indian stock markets. The company offers best-in-the-industry research services and trading recommendations to NRIs. It doesn't offer mutual fund investment services to NRIs. However, it charges a low flat-fee brokerage which makes it an attractive stock broker for NRIs.

Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses.