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Zerodha Vs Jainam Broking NRI Account Comparison

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

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

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

Zerodha Vs Jainam Broking

 ZerodhaJainam Broking
 
 Zerodha LogoJainam Broking Logo
About the BrokerZerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account...Know more about ZerodhaJainam 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: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today.
Special Offer: Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account

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Zerodha Vs Jainam Broking Charges

 ZerodhaJainam Broking
NRI Account Opening Fees₹500Rs 500
NRI Account AMC₹0One Time Lifelong Maintenance: Rs 900
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 300Rs 0 (Free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Zerodha AccountOpen Jainam Broking Account

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Zerodha Vs Jainam Broking NRI Account Brokerage Comparison

Account TypeZerodha NRI AccountJainam Broking DIY Plan
Equity Delivery₹100 per trade (non-PIS), ₹200 per trade (PIS)Rs 18 per order
Equity Futures₹100 per trade (non-PIS), ₹200 per trade (PIS)Rs 18 per order
Equity Options₹100 per trade (non-PIS), ₹200 per trade (PIS)Rs 18 per order
Open Zerodha AccountOpen Jainam Broking Account

Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesDemat Account AMC: ₹300 yearly
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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Zerodha Vs Jainam Broking NRI Account Taxes/Fees

 ZerodhaJainam 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.

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Zerodha Vs Jainam Broking NRI Account Margin

 Zerodha 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.


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Zerodha and Jainam Broking NRI Account Features

 ZerodhaJainam Broking
3-in-1 AccountNoNo
Automated TradingNoYes
Free Research And TipsNoNo
Other Features
Open Zerodha AccountOpen Jainam Broking Account

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Zerodha Vs Jainam Broking NRI Account Review

 Zerodha ReviewJainam Broking Review
 491 Customer Reviews    Rate Zerodha0 Customer Reviews    Rate Jainam Broking
FeesRated 3.6 starsRated undefined stars
BrokerageRated 4.2 starsRated undefined stars
Trading PlatformRated 3.6 starsRated undefined stars
Customer ServiceRated 3.4 starsRated undefined stars
Overall RatingRated 3.6 starsRated undefined stars
Broker RatingZerodha is Rated 3.6 / 5 based on 491 customer reviewsJainam Broking is Rated / 5 based on 0 customer reviews
Open Zerodha AccountOpen Jainam Broking Account

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Contact Broker / Request A Call Back

 Zerodha EnquireZerodha Enquire
Contact Broker
Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today.
Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account
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Zerodha Vs Jainam Broking NRI Investment Options

 ZerodhaJainam Broking
StocksYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Other Investment Options

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Zerodha Vs Jainam Broking NRI Customer Service

 ZerodhaJainam Broking
Customer Care Number+91 80 4718 1888+91261 6725555
Customer Care Emailnridesk@zerodha.comcustomercare@jainam.in
Open Zerodha AccountOpen Jainam Broking Account

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Zerodha Vs Jainam Broking Order Type Offered for NRI Account

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

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Zerodha Vs Jainam Broking - NRI Account Advantages and Disadvantages

 ZerodhaJainam Broking
Pros
  1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges Rs 200 per trade (PIS Account) and Rs 100 per trade (Non-PIS account) whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for Rs 1 lakh, you pay Rs 750 with a full-service stock broker whereas Zerodha will charge you Rs 200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
  • 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. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
  • Limited investment options
  • NRIs must adhere to specific regulatory guidelines
  • Additional charges for call and trade services
Conclusion

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

Promo / Offers

ZerodhaSpecial Offer

Free Stock Trading and Mutual Funds

  • Free account opening for everyone
  • Zero brokerage on Equity Delivery trades
  • Flat ₹20 per trade for Intraday and F&O
  • Zero brokerage on Mutual Fund investments
  • Trade with India's leading trading platform

Limited-time offer!
Open your instant Zerodha 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 Zerodha AccountOpen Jainam Broking Account