Who are the best brokers for NRI trading in India?

There are two types of brokers who offer NRI trading services in India include full-service brokers and discount brokers. Which is the best NRI broker depends upon an individual’s requirements. Full-service brokers offer a complete solution to NRI clients including personal relationship manager, NRI service desk, PMS, research recommendations, etc. However, discount brokers provide NRI trading at the lowest flat brokerage model i.e. Max Rs. 200 per order.

Best NRI Discount Brokers in India

Zerodha and Prostocks are the two best NRI discount brokers in India. Prostock is the low-cost NRI trading broker that charges Rs. 100 flat brokerage on NRI trading while Zerodha charges Max Rs. 200 per order brokerage.

Best NRI Full-service brokers in India

ICICI Direct NRI 3-in-1 account is the top NRI full-service broker to trade in shares, F&O, currencies, IPO, and mutual funds. HDFC Securities and Kotak Securities are the other popular NRI full-service brokers.