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Best NRI Trading Brokers in India 2024

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Best NRI Trading Brokers in India 2024 – Top NRI Brokersa

Are you an NRI and want to invest in the Indian market? If so, here are the top NRI trading brokers in India. These brokers have the best NRI trading accounts with the cheapest NRI trading brokerage fee, the best platforms, and zero NRI Demat AMC.

Here are some of the recommended brokers for NRI trading. Compare the NRI account opening fee and brokerage fee charged by these brokers from NRI clients.

Best Brokers for NRI Investment in India

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NRIs can trade in stocks and futures & options on BSE and NSE with ProStocks. Why Prostocks has the best NRI trading account;

  • Free NRI account opening at Rs 0 charge
  • Open PIS account with Axis, HDFC, IndusInd, and Yes Bank
  • Lifetime Zero NRI Demat AMC
  • Rs 100 flat NRI brokerage fee in all segments
  • Powerful trading platform including free app, web, and desktop trading terminal

Know more on ProStocks NRI Trading

ProStocks ReviewOpen Account

Zerodha allows NRI trading through NRE PIS account or NRO non-PIS account. NRIs can open NRE PIS account with any of the partner banks including HDFC, Axis, Yes, IndusInd, and IDFC First Bank.

  • NRI Equity Brokerage (PIS): Maximum Rs 200 per order
  • NRI Equity brokerage: Maximum Rs 100 per order
  • NRI F&O brokerage: Rs 100 per executed order
  • Zerodha Kite web and app based NRI trading platform

How to do NRI trading with Zerodha?

Zerodha ReviewOpen Account

Fyers has the cheapest NRI brokerage trading plan. Here are the top NRI trading features provided by Fyers;

  • Free NRI trading and demat account opening fee
  • Dedicated Fyers NRI portal for hassle-free account opening
  • Zero NRI demat account maintenance
  • Rs 50 flat fee on NRI trading
  • NRI investment with Fyers web and Fyers 2.0 app

Fyers NRI Trading Review

Fyers ReviewOpen Account
Angel One

Angel One is different from other discount brokers as it also offers access to research and advisory services. Here are the services offered by Angel One to NRI customers;

  • Zero NRI account opening charges (Free)
  • Lower of 0.50% or 0.05 per unit brokerage on equity delivery.
  • Free access to the Angel One App, SpeedPro terminal, and web platform.
  • Angel One ARQ Robo Advisory platform to get stock and mutual fund recommendations

Angel One NRI Trading Review

Angel One ReviewOpen Account

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;

  • Invest in shares listed on the BSE & NSE, F&O, MFs, IPO, ETF, and Bonds.
  • Multiple Investment platforms; Pro Terminal, mobile trading app, trading website, and Blink trading terminal.
  • NRIs are allowed to place orders even after market hours.
  • Experts research insights to make educated investment decision.
  • HDFC Securities dedicated NRI helpdesk, NRI Dealing Desk, and NRI Fax Centre.
HDFC Sky ReviewOpen Account

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;

  • Multiple product offerings i.e., equity & ETF, MF, IPO, F&O, and bonds.
  • 3-in-1 account opening i.e. Demat + Trading + NRE or NRO Bank saving account.
  • Research & recommendation services to NRI.
  • Real time portfolio tracking.
  • Dedicated NRI Customer service desk over telephone and mail.
  • NRI Customer base of 5 million+ customers across 150+ countries.
ICICIDirect ReviewOpen Account

Zerodha Trade@20

Want to start your investment journey, join India’s Pioneer Discount 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 NRI Demat + Trading + NRE or NRO bank account.
  • Invest in equity, F&O, IPO, MFs, and fixed income products.
  • Advanced orders like GTC and AMO order.
  • Free access to all advanced trading platforms; website, Stock Trader App, and KEAT Pro X software.
  • Trade on phone facility.
  • Get in-depth stock market research from experts.
Kotak Securities ReviewOpen Account

Best NRI Trading Account in India – Final Remarks

ProStocks is the number 1 broker for NRI investment in India. Free NRI account, lowest Rs 100 flat brokerage fee, and multiple platforms make ProStocks as top choice for NRIs.

Zerodha and Fyers are also recommended NRI brokers that charges flat brokerage fee on NRI trading and investment in India.

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;

  1. Equity delivery: Holding shares in the NRI Demat Account or investment in Indian company’s shares.
  2. Equity Futures & Options derivative segment.
  3. Currency F&O segment.

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;

  • Hassle-free online NRI Account opening process.
  • Zero NRI Demat AMC Account.
  • Free NRI Trading & Demat Account facility.
  • Cheapest brokerage on NRI trading at Rs. 100 per executed order.
  • All kinds of trading platform; free mobile trading app, website, and installable trading terminal.
  • NRI customer support over e-mail and telephonic support.


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;

  1. NRE or NRO Bank Saving Account with PIS letter from RBI
  2. NRI Demat Account
  3. NRI Trading Account


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.


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