AxisDirect Vs Jainam Broking NRI Account Comparison

AxisDirect Vs Jainam Broking

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

Find out AxisDirect Vs Jainam Broking which is better NRI Trading Account. See AxisDirect Vs Jainam Broking which is best NRI Demat Account.

Our Axis Securities comparison with Jainam Broking Limited highlights the major differences between two brokers. Find the best between AxisDirect and Jainam Broking NRI Account.

Ā AxisDirectJainam Broking
Ā 
Ā AxisDirect LogoJainam Broking Logo
About the BrokerAxis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w...Know more about Axis SecuritiesJainam Broking Limited offers NRI (Non-Resident Indian) trading services, allowing NRIs to invest in the Indian stock market through various routes, including direct equity investments and mutual funds. They provide online account opening and trading...Know more about Jainam Broking Limited
Account TypeNRI AccountDIY Plan
Special Offer
Special Offer:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Special Offer: Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account

AxisDirect Vs Jainam Broking Charges

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Ā AxisDirectJainam Broking
NRI Account Opening Fees₹2500Rs 500
NRI Account AMC₹0One Time Lifelong Maintenance: Rs 900
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 750 (free for 1st year)Rs 0 (Free)
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open AxisDirect AccountOpen Jainam Broking Account

AxisDirect Vs Jainam Broking NRI Account Brokerage Comparison

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Account TypeAxisDirect NRI AccountJainam Broking DIY Plan
Equity Delivery0.75%Rs 18 per order
Equity Futures0.05%Rs 18 per order
Equity OptionsIntraday: 1p per lot, Carry Forward: ₹10 per lotRs 18 per order
Open AxisDirect AccountOpen Jainam Broking Account

Other Charges

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Contract Note Reporting Charges
Other Brokerage ChargesPIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%

AxisDirect Vs Jainam Broking NRI Account Taxes/Fees

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Ā AxisDirectJainam Broking
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.

AxisDirect Vs Jainam Broking NRI Account Margin

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Ā AxisDirect MarginJainam Broking 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.

AxisDirect and Jainam Broking NRI Account Features

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Ā AxisDirectJainam Broking
3-in-1 AccountYesNo
Automated TradingNoYes
Free Research And TipsYesNo
Other Features
Open AxisDirect AccountOpen Jainam Broking Account

AxisDirect Vs Jainam Broking NRI Account Review

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Ā AxisDirect ReviewJainam Broking Review
Ā 89 Customer Reviews Ā Ā Ā Rate AxisDirect0 Customer Reviews Ā Ā Ā Rate Jainam Broking
FeesRated 2.0 starsRated undefined stars
BrokerageRated 1.8 starsRated undefined stars
Trading PlatformRated 2.5 starsRated undefined stars
Customer ServiceRated 2.1 starsRated undefined stars
Overall RatingRated 2.0 starsRated undefined stars
Broker RatingAxisDirect is Rated 2.0 / 5 based on 89 customer reviewsJainam Broking is Rated / 5 based on 0 customer reviews
Open AxisDirect AccountOpen Jainam Broking Account

Contact Broker / Request A Call Back

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Ā AxisDirect EnquireAxisDirect Enquire
Contact Broker

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account

AxisDirect Vs Jainam Broking NRI Investment Options

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Ā AxisDirectJainam Broking
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

AxisDirect Vs Jainam Broking NRI Customer Service

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Ā AxisDirectJainam Broking
Customer Care Number+91 22 4257 0809+91261 6725555
Customer Care Emailcustomercare@jainam.in
Open AxisDirect AccountOpen Jainam Broking Account

AxisDirect Vs Jainam Broking Order Type Offered for NRI Account

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Ā AxisDirectJainam Broking
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

AxisDirect Vs Jainam Broking - NRI Account Advantages and Disadvantages

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Ā AxisDirectJainam Broking
Pros
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
  • User-Friendly Platform: Jainam Broking's online platform is designed for ease of use, simplifying trading and investment.
  • Low Fees: Jainam offers competitive pricing structures, which can reduce overall trading costs.
  • Diverse Investment Options: NRIs can invest in a wide range of securities, including stocks, mutual funds, bonds, and ETFs.
  • Strong Customer Support: Jainam Broking prioritises customer support to assist with any queries or issues.
  • Reliable Reputation: Jainam has a strong reputation as a trustworthy broker.
  • Fast and Simple Account Opening: Jainam offers a streamlined online account opening process.
Cons
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
  • Limited investment options
  • NRIs must adhere to specific regulatory guidelines
  • Additional charges for call and trade services
Conclusion

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

AxisDirectSpecial Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

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

Jainam BrokingSpecial Offer

Invest smart, invest simple — your journey begins at just ₹18 per order

Open a Free Demat Account online and start trading today.

Open AxisDirect AccountOpen Jainam Broking Account

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Side-by-Side Comparison of Broker

AxisDirect Vs Jainam Broking NRI Account Comparison