The side-by-side comparison of Mirae Asset Sharekhan and Firstock NRI Account. Compare Mirae Asset Sharekhan Vs Firstock NRI Account brokerage charges, exposure margin, demat account and AMC. Read Firstock and Mirae Asset Sharekhan NRI Account reviews.
Find out Mirae Asset Sharekhan Vs Firstock which is better NRI Trading Account. See Mirae Asset Sharekhan Vs Firstock which is best NRI Demat Account.
Our Mirae Asset Sharekhan comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Firstock NRI Account.
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
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| About the Broker | Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves... | Firstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati... |
| Account Type | Mirae Asset Sharekhan NRI Account | Equity (PIS) |
| 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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
| NRI Account Opening Fees | ₹2000 | |
| NRI Account AMC | ₹3000 | |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 400 (Free for 1st year) | Rs 0 (Free) |
| PIS Account AMC | ||
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Firstock Account |
| Account Type | Mirae Asset Sharekhan Mirae Asset Sharekhan NRI Account | Firstock Equity (PIS) |
|---|---|---|
| Equity Delivery | 0.50% | 0.5% or Rs 200 per order, whichever is lower |
| Equity Futures | 0.1% on first leg and 0.02% on second leg | Rs 100 per executed order |
| Equity Options | ₹250 per contract note | Rs 100 per executed order |
| Open Firstock Account |
| Contract Note Reporting Charges | ||
| Other Brokerage Charges | PIS Acct AMC: ₹1000 | Equity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower |
| 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% |
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
| 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. |
| Mirae Asset Sharekhan Margin | Firstock 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. | ||
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips |  | |
| Other Features | Call & Trade, Dedicated Relationship Manager, Branch Support | |
| Open Firstock Account |
| Mirae Asset Sharekhan Review | Firstock Review | |
|---|---|---|
316 Customer Reviews  | 1 Customer Reviews | |
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| Trading Platform |  | |
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| Overall Rating | | |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | Firstock is Rated 3.0 / 5 based on 1 customer reviews |
| Open Firstock Account |
| Mirae Asset Sharekhan Enquire | Mirae Asset Sharekhan 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. | Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | PMS, Wealth Management |
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
| Customer Care Number | +91 022 6518500 | |
| Customer Care Email | nridesk@miraeassetsharekhan.com | |
| Open Firstock Account |
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Mirae Asset Sharekhan | Firstock | |
|---|---|---|
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Conclusion | Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings. | |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| FirstockSpecial OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited-time offer. Open a Free Demat Account online and start trading today. |
| Open Firstock Account |
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