Fyers Vs Firstock NRI Account Comparison

Fyers Vs Firstock

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

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

Our Fyers Securities Ltd comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Fyers and Firstock NRI Account.

 FyersFirstock
 
 Fyers LogoFirstock Logo
About the BrokerFyers 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 LtdFirstock 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 TypeNRI AccountEquity (PIS)
Special Offer
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.
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.

Fyers Vs Firstock Charges

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 FyersFirstock
NRI Account Opening FeesFree
NRI Account AMCFree
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 0 (Free AMC for Lifetime)Rs 0 (Free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Fyers AccountOpen Firstock Account

Fyers Vs Firstock NRI Account Brokerage Comparison

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Account TypeFyers NRI AccountFirstock Equity (PIS)
Equity Delivery₹50 and 0.5% for other services0.5% or Rs 200 per order, whichever is lower
Equity Futures₹50 per traded orderRs 100 per executed order
Equity Options₹50 per traded orderRs 100 per executed order
Open Fyers AccountOpen Firstock Account

Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage ChargesEquity (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%

Fyers Vs Firstock NRI Account Taxes/Fees

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 FyersFirstock
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.

Fyers Vs Firstock NRI Account Margin

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 Fyers 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.

Fyers and Firstock NRI Account Features

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

Fyers Vs Firstock NRI Account Review

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 Fyers ReviewFirstock Review
 38 Customer Reviews    Rate Fyers1 Customer Reviews    Rate Firstock
FeesRated 3.4 starsRated 3.0 stars
BrokerageRated 3.6 starsRated 3.0 stars
Trading PlatformRated 3.2 starsRated 3.0 stars
Customer ServiceRated 3.0 starsRated 3.0 stars
Overall RatingRated 3.0 starsRated 3.0 stars
Broker RatingFyers is Rated 3.0 / 5 based on 38 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews
Open Fyers AccountOpen Firstock Account

Contact Broker / Request A Call Back

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 Fyers EnquireFyers Enquire
Contact Broker
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.
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.

Fyers Vs Firstock NRI Investment Options

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 FyersFirstock
StocksYesYes
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment Options

Fyers Vs Firstock NRI Customer Service

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 FyersFirstock
Customer Care Number080-45699999
Customer Care Emailsupport@fyers.in
Open Fyers AccountOpen Firstock Account

Fyers Vs Firstock Order Type Offered for NRI Account

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

Fyers Vs Firstock - NRI Account Advantages and Disadvantages

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 FyersFirstock
Pros
  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!
  • 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
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
  • 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

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

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.

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 Fyers AccountOpen Firstock Account

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Side-by-Side Comparison of Broker

Fyers Vs Firstock NRI Account Comparison