Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Zerodha Vs Fyers NRI Account Comparison

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

Find out Zerodha Vs Fyers which is better NRI Trading Account. See Zerodha Vs Fyers which is best NRI Demat Account.

Our Zerodha comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Zerodha and Fyers NRI Account.

Zerodha Vs Fyers

 ZerodhaFyers
 
 Zerodha LogoFyers Logo
About the BrokerZerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account...Know more about ZerodhaFyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...Know more about Fyers Securities Ltd
Account TypeNRI AccountNRI Account
Special Offer
Special Offer: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today.
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Expand

Zerodha Vs Fyers Charges

 ZerodhaFyers
NRI Account Opening Fees₹500Free
NRI Account AMC₹0Free
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 300Rs 0 (Free AMC for Lifetime)
PIS Account AMCNANA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Zerodha AccountOpen Fyers Account

Expand

Zerodha Vs Fyers NRI Account Brokerage Comparison

Account TypeZerodha NRI AccountFyers NRI Account
Equity Delivery₹100 per trade (non-PIS), ₹200 per trade (PIS)₹50 and 0.5% for other services
Equity Futures₹100 per trade (non-PIS), ₹200 per trade (PIS)₹50 per traded order
Equity Options₹100 per trade (non-PIS), ₹200 per trade (PIS)₹50 per traded order
Open Zerodha AccountOpen Fyers Account

Other Charges

Contract Note Reporting ChargesNANA
Other Brokerage ChargesDemat Account AMC: ₹300 yearly
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%
Expand

Zerodha Vs Fyers NRI Account Taxes/Fees

 ZerodhaFyers
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.

Expand

Zerodha Vs Fyers NRI Account Margin

 Zerodha MarginFyers 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.


Expand

Zerodha and Fyers NRI Account Features

 ZerodhaFyers
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features
Open Zerodha AccountOpen Fyers Account

Expand

Zerodha Vs Fyers NRI Account Review

 Zerodha ReviewFyers Review
 491 Customer Reviews    Rate Zerodha37 Customer Reviews    Rate Fyers
FeesRated 3.6 starsRated 3.4 stars
BrokerageRated 4.2 starsRated 3.5 stars
Trading PlatformRated 3.6 starsRated 3.2 stars
Customer ServiceRated 3.4 starsRated 2.9 stars
Overall RatingRated 3.6 starsRated 2.9 stars
Broker RatingZerodha is Rated 3.6 / 5 based on 491 customer reviewsFyers is Rated 2.9 / 5 based on 37 customer reviews
Open Zerodha AccountOpen Fyers Account

Expand

Contact Broker / Request A Call Back

 Zerodha EnquireZerodha Enquire
Contact Broker
Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
*

Zerodha Vs Fyers NRI Investment Options

 ZerodhaFyers
StocksYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Other Investment Options

Expand

Zerodha Vs Fyers NRI Customer Service

 ZerodhaFyers
Customer Care Number+91 80 4718 1888080-45699999
Customer Care Emailnridesk@zerodha.comsupport@fyers.in
Open Zerodha AccountOpen Fyers Account

Expand

Zerodha Vs Fyers Order Type Offered for NRI Account

 ZerodhaFyers
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

Expand

Zerodha Vs Fyers - NRI Account Advantages and Disadvantages

 ZerodhaFyers
Pros
  1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges Rs 200 per trade (PIS Account) and Rs 100 per trade (Non-PIS account) whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for Rs 1 lakh, you pay Rs 750 with a full-service stock broker whereas Zerodha will charge you Rs 200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
  1. Free online account opening and AMC charges
  2. Free equity delivery trading. No brokerage for cash & carry trades.
  3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
  4. No hidden charges. Very transparent fees/charges.
  5. In-house build trading platform offers flexibility to implement new features/services quickly.
  6. All trading software is available for free of charge.
  7. Fyers NRI account holders get access to research reports and economic calendar
  8. Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons
  1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
Conclusion

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.

Promo / Offers

ZerodhaSpecial Offer

Free Stock Trading and Mutual Funds

  • Free account opening for everyone
  • Zero brokerage on Equity Delivery trades
  • Flat ₹20 per trade for Intraday and F&O
  • Zero brokerage on Mutual Fund investments
  • Trade with India's leading trading platform

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

FyersSpecial Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Open Zerodha AccountOpen Fyers Account