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Fyers Vs AxisDirect NRI Account Comparison

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

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

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

Fyers Vs AxisDirect

 FyersAxisDirect
 
 Fyers LogoAxisDirect 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 LtdAxis 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 Securities
Account TypeNRI AccountNRI Account
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.

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.


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Fyers Vs AxisDirect Charges

 FyersAxisDirect
NRI Account Opening FeesFree₹2500
NRI Account AMCFree₹0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 0 (Free AMC for Lifetime)Rs 750 (free for 1st year)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Fyers Vs AxisDirect NRI Account Brokerage Comparison

Account TypeFyers NRI AccountAxisDirect NRI Account
Equity Delivery₹50 and 0.5% for other services0.75%
Equity Futures₹50 per traded order0.05%
Equity Options₹50 per traded orderIntraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

Contract Note Reporting ChargesNA
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%
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Fyers Vs AxisDirect NRI Account Taxes/Fees

 FyersAxisDirect
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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Fyers Vs AxisDirect NRI Account Margin

 Fyers MarginAxisDirect 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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Fyers and AxisDirect NRI Account Features

 FyersAxisDirect
3-in-1 AccountNoYes
Automated TradingNoNo
Free Research And TipsNoYes
Other Features
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Fyers Vs AxisDirect NRI Account Review

 Fyers ReviewAxisDirect Review
 37 Customer Reviews    Rate Fyers89 Customer Reviews    Rate AxisDirect
FeesRated 3.4 starsRated 2.0 stars
BrokerageRated 3.5 starsRated 1.8 stars
Trading PlatformRated 3.2 starsRated 2.5 stars
Customer ServiceRated 2.9 starsRated 2.1 stars
Overall RatingRated 2.9 starsRated 2.0 stars
Broker RatingFyers is Rated 2.9 / 5 based on 37 customer reviewsAxisDirect is Rated 2.0 / 5 based on 89 customer reviews
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Contact Broker / Request A Call Back

 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.
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.
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Fyers Vs AxisDirect NRI Investment Options

 FyersAxisDirect
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

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Fyers Vs AxisDirect NRI Customer Service

 FyersAxisDirect
Customer Care Number080-45699999+91 22 4257 0809
Customer Care Emailsupport@fyers.in
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Fyers Vs AxisDirect Order Type Offered for NRI Account

 FyersAxisDirect
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoYes

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Fyers Vs AxisDirect - NRI Account Advantages and Disadvantages

 FyersAxisDirect
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!
  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.
Cons
  1. Fyers NRI account holders are not allowed to invest in currency derivatives.
  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.
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.

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

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.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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