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Anand Rathi Vs Firstock NRI Account Comparison

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

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

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

Anand Rathi Vs Firstock

 Anand RathiFirstock
 
 Anand Rathi LogoFirstock Logo
About the BrokerAnand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...Know more about Anand RathiFirstock 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

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.

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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Anand Rathi Vs Firstock Charges

 Anand RathiFirstock
NRI Account Opening FeesRs 0
NRI Account AMCRs 0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMC450 + GST 18% = 532 (1st year free)Rs 0 (Free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Anand Rathi Vs Firstock NRI Account Brokerage Comparison

Account TypeAnand Rathi NRI AccountFirstock Equity (PIS)
Equity Delivery0.30%0.5% or Rs 200 per order, whichever is lower
Equity Futures0.03%Rs 100 per executed order
Equity OptionsRs 50 per lotRs 100 per executed order
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Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesDemat AMC: Rs 450 per yearEquity (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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Anand Rathi Vs Firstock NRI Account Taxes/Fees

 Anand RathiFirstock
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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Anand Rathi Vs Firstock NRI Account Margin

 Anand Rathi 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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Anand Rathi and Firstock NRI Account Features

 Anand RathiFirstock
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
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Anand Rathi Vs Firstock NRI Account Review

 Anand Rathi ReviewFirstock Review
 18 Customer Reviews    Rate Anand Rathi1 Customer Reviews    Rate Firstock
FeesRated 3.1 starsRated 3.0 stars
BrokerageRated 3.2 starsRated 3.0 stars
Trading PlatformRated 3.0 starsRated 3.0 stars
Customer ServiceRated 3.2 starsRated 3.0 stars
Overall RatingRated 2.9 starsRated 3.0 stars
Broker RatingAnand Rathi is Rated 2.9 / 5 based on 18 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

 Anand Rathi EnquireAnand Rathi 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.
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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Anand Rathi Vs Firstock NRI Investment Options

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

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Anand Rathi Vs Firstock NRI Customer Service

 Anand RathiFirstock
Customer Care Number0291 666 1001
Customer Care Emailnridesk@rathi.com
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Anand Rathi Vs Firstock Order Type Offered for NRI Account

 Anand RathiFirstock
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

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Anand Rathi Vs Firstock - NRI Account Advantages and Disadvantages

 Anand RathiFirstock
Pros
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
  • 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
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
  • 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

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

Promo / Offers

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.

Open Instant Demat Account Read Reviews

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.

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