ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstockThe side-by-side comparison of 5paisa and Choice Broking NRI Account. Compare 5paisa Vs Choice Broking NRI Account brokerage charges, exposure margin, demat account and AMC. Read Choice Broking and 5paisa NRI Account reviews.
Find out 5paisa Vs Choice Broking which is better NRI Trading Account. See 5paisa Vs Choice Broking which is best NRI Demat Account.
Our 5paisa Capital Ltd comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best between 5paisa and Choice Broking NRI Account.
| 5paisa | Choice Broking | |
|---|---|---|
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| About the Broker | 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 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 can ope... | Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NRI ... |
| Account Type | NA | NRI Trading |
| Special Offer | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | 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. |
| 5paisa | Choice Broking | |
|---|---|---|
| NRI Account Opening Fees | NA | ₹0 |
| NRI Account AMC | NA | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 300 | Rs 200 or as per plan. (1st year AMC free) |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open 5paisa Account |
| Account Type | 5paisa NA | Choice Broking NRI Trading |
|---|---|---|
| Equity Delivery | NA | 0.50% |
| Equity Futures | NA | 0.03% |
| Equity Options | NA | ₹100 per lot |
| Open 5paisa Account |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | NA | Demat Account AMC - ₹200 per year |
| 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% |
| 5paisa | Choice Broking | |
|---|---|---|
| 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. |
| 5paisa Margin | Choice Broking 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. | ||
| 5paisa | Choice Broking | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips | |  |
| Other Features | ||
| Open 5paisa Account |
| 5paisa Review | Choice Broking Review | |
|---|---|---|
97 Customer Reviews  | 19 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  |  |
| Customer Service |  |  |
| Overall Rating |  | |
| Broker Rating | 5paisa is Rated 2.6 / 5 based on 97 customer reviews | Choice Broking is Rated 2.9 / 5 based on 19 customer reviews |
| Open 5paisa Account |
| 5paisa Enquire | 5paisa Enquire | |
|---|---|---|
| Contact Broker | FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | 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. |
| 5paisa | Choice Broking | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| 5paisa | Choice Broking | |
|---|---|---|
| Customer Care Number | NA | 022-67079903, 9819545987 |
| Customer Care Email | NA | nri@choiceindia.com |
| Open 5paisa Account |
| 5paisa | Choice Broking | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| 5paisa | Choice Broking | |
|---|---|---|
| Pros |
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| Cons |
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Conclusion | 5paisa, the 2nd largest discount stock broker in India, 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 5paisa, you have to close it and open a new account with another broker who offers NRI services. | 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. |
| Promo / Offers | 5paisaSpecial Offer5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open 5paisa Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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