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Alice Blue Vs Firstock NRI Account Comparison

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

Find out Alice Blue Vs Firstock which is better NRI Trading Account. See Alice Blue Vs Firstock which is best NRI Demat Account.

Our Alice Blue Financial Services comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Alice Blue and Firstock NRI Account.

Alice Blue Vs Firstock

 Alice BlueFirstock
 
 Alice Blue LogoFirstock Logo
About the BrokerAlice 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...Know more about Alice Blue Financial ServicesFirstock 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...Know more about Firstock Broking Private Limited
Account TypeNAEquity (PIS)
Special Offer
Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue 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.

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Alice Blue Vs Firstock Charges

 Alice BlueFirstock
NRI Account Opening FeesNA
NRI Account AMCNA
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 400Rs 0 (Free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Alice Blue AccountOpen Firstock Account

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Alice Blue Vs Firstock NRI Account Brokerage Comparison

Account TypeAlice Blue NAFirstock Equity (PIS)
Equity DeliveryNA0.5% or Rs 200 per order, whichever is lower
Equity FuturesNARs 100 per executed order
Equity OptionsNARs 100 per executed order
Open Alice Blue AccountOpen Firstock Account

Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesNAEquity (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%
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Alice Blue Vs Firstock NRI Account Taxes/Fees

 Alice BlueFirstock
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.

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Alice Blue Vs Firstock NRI Account Margin

 Alice Blue MarginFirstock 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.


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Alice Blue and Firstock NRI Account Features

 Alice BlueFirstock
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features
Open Alice Blue AccountOpen Firstock Account

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Alice Blue Vs Firstock NRI Account Review

 Alice Blue ReviewFirstock Review
 40 Customer Reviews    Rate Alice Blue1 Customer Reviews    Rate Firstock
FeesRated 3.7 starsRated 3.0 stars
BrokerageRated 3.7 starsRated 3.0 stars
Trading PlatformRated 3.3 starsRated 3.0 stars
Customer ServiceRated 2.9 starsRated 3.0 stars
Overall RatingRated 3.1 starsRated 3.0 stars
Broker RatingAlice Blue is Rated 3.1 / 5 based on 40 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews
Open Alice Blue AccountOpen Firstock Account

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Contact Broker / Request A Call Back

 Alice Blue EnquireAlice Blue Enquire
Contact Broker
Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue 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.
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Alice Blue Vs Firstock NRI Investment Options

 Alice BlueFirstock
StocksNoYes
Initial Public Offers (IPO)NoNo
Mutual FundsNoNo
Other Investment Options

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Alice Blue Vs Firstock NRI Customer Service

 Alice BlueFirstock
Customer Care Number
Customer Care Email
Open Alice Blue AccountOpen Firstock Account

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Alice Blue Vs Firstock Order Type Offered for NRI Account

 Alice BlueFirstock
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)NoNo
Good Till Cancelled (GTC)NoNo

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Alice Blue Vs Firstock - NRI Account Advantages and Disadvantages

 Alice BlueFirstock
Pros
  • No RBI approval is needed if you choose the Non-PIS route.
  • Lower compliance and paperwork.
  • Futures & Options trading is permitted.
  • Competitive brokerage and clearing charges.
  • Fully digital initiation of the process.

Cons
  • Alice Blue does not offer NRI trading and demat account.
  • Physical document submission and IPV are mandatory.
  • F&O trading is not available through NRE–PIS accounts.
  • A custodian account is required for derivatives.
Conclusion

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

Alice BlueSpecial Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

FirstockSpecial Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

Open Alice Blue AccountOpen Firstock Account