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| Broker | Reason | Review | Request Callback |
|---|---|---|---|
| ProStocks | ProStocks NRI Investment Service includes trading in equities, futures, and options on NSE and BSE at the cheapest brokerage of Rs 100 per executed order. ProStocks NRI Account/NRO NON PIS Account features include.
|  | Open Account  |
| Zerodha | Zerodha offers NRI Trading Service with NRE as well as NRO Saving Account. With NRE saving account, cleint need PIS Account. Where with NRO saving account, clients can use Non PIS Trading account. For NRO Non PIS account the brokerage is Rs 100 or 0.5 % per executed order (Equity, Equity Derivative), where with PIS account its Rs 200 or 0.5 % per executed order for equity (whichever is lower).
| | Open Account |
| Fyers | Fyers charges the lowest brokerage fee on NRI Trading. You can open either a PIS or non-PIS NRI trading account with Fyers. Check out the reasons why Fyers has the best NRI trading account;
| | Open Account |
| Angel One | Open a 2-in-1, NRI Trading and Demat account with Angel One and get the following benefits;
| | Open Account |
| HDFC Securities | HDFC Securities 3-in-1 NRI Investment Account is an integrated platform for NRI Demat + Trading + NRI Bank Saving Account. The 3-in-1 NRI Trading Account offers the following features;
| | Open Account |
| ICICIDirect | ICICI Direct 3-in-1 NRI Account is a one-stop-solution or the best NRI Trading platform for NRIs to invest in India from anywhere in the world. ICICI NRI 3-in-1 account serves the following benefits to NRIs;
| | Open Account |
Zerodha Trade@20Want to start your investment journey, join India’s number one online broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account | |||
| Kotak Securities | Kotak Securities NRI 3-in-1 account, Trinity account is an integrated account that offers seamless trading & investment experience to users. Here are the key services offered by Kotak Sec to NRI clients;
| | Open Account |
Prostocks is ranked as the best NRI Trading Account in India with the lowest flat NRI brokerage fee of Rs. 100 per trade. It is rated as the top broker for NRI because of the quick and hassle-free account opening process, free NRI Demat & Trading A/c, Zero NRI Demat AMC, flat brokerage model, and advanced trading platforms.
Zerodha, Fyers, and Angel One are other popular NRI discount brokers in India while HDFC Securities, ICICI Direct, and Kotak Securities, are the other most popular and recommended NRI full-service brokerage firms.
As per the regulations, NRI customers are allowed to trade in the following segments;
NRIs cannot trade in equity intraday and commodity derivative segment.
ProStocks is the best broker to open NRI Demat & Trading Account in India. It is the top broker for NRI due to the following reasons;
Zerodha avails the facility to open an NRI 2-in-1 account while NRIs have to open a bank account with any bank like IndusInd, Axis, HDFC, ICICI, etc. Zerodha has an attractive NRI Flat brokerage plan of Max Rs. 200 per order which makes Zerodha an excellent choice for NRI Trading. Zerodha NRI account allows online trading in equity delivery, equity F&O, and currency segment, however, the broker doesn’t provide a mutual fund investment facility to NRI customers.
Prostocks offers the cheapest NRI trading services to NRI customers. The online discount brokerage firm follows a flat brokerage model at Rs. 100 per order brokerage on all NRI trades regardless the actual trading volume.
Yes, NRI can open NRI 3-in-1 account; NRI Demat + NRI Trading + NRI Bank Account and invest in shares listed on the Indian stock exchanges like BSE and NSE. Thus, they can hold all the shares purchased through NRI Trading Account in the NRI Demat Account. Here, to trade on repatriation basis, NRI must open a NRE bank account and gets PIS approval from RBI however, to trade on non-repatriation basis, they can open NRO bank account. NRI customers can also hold shares received in the form of gift purchased in the capacity of Indian resident.
To start trading in Indian market, NRI must open the following accounts 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.
Fyers, the technology-focused discount stock broker has the cheapest NRI trading account. The broker charges just Rs 50 per order brokerage fee on NRI trading in equity delivery, equity futures, and options.
