The side-by-side comparison of Mirae Asset Sharekhan and Choice Broking NRI Account. Compare Mirae Asset Sharekhan Vs Choice Broking NRI Account brokerage charges, exposure margin, demat account and AMC. Read Choice Broking and Mirae Asset Sharekhan NRI Account reviews.
Find out Mirae Asset Sharekhan Vs Choice Broking which is better NRI Trading Account. See Mirae Asset Sharekhan Vs Choice Broking which is best NRI Demat Account.
Our Mirae Asset Sharekhan comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Choice Broking NRI Account.
| Mirae Asset Sharekhan | Choice Broking | |
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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... | 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 | Mirae Asset Sharekhan NRI Account | NRI Trading |
| 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. | 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. |
| Mirae Asset Sharekhan | Choice Broking | |
|---|---|---|
| NRI Account Opening Fees | ₹2000 | ₹0 |
| NRI Account AMC | ₹3000 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 400 (Free for 1st year) | Rs 200 or as per plan. (1st year AMC free) |
| PIS Account AMC | NA | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Mirae Asset Sharekhan | 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. |
| Mirae Asset Sharekhan 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. | ||
| 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. | 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. |
| Mirae Asset Sharekhan | Choice Broking | |
|---|---|---|
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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. | 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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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