- Compare Brokers
- IPOs
- Sovereign Gold Bond
- Brokers Near Me
- Sub Brokers
- Exclusive Offers
- Articles
- IPOs Grey Market Premium
- NCD Dashboard
- IPOs Subscription
- Zerodha
- Upstox
- Angel One
- PayTM Money
- Fyers
- 5paisa
- Nuvama Wealth
- Alice Blue
- SAMCO
- ProStocks
- ICICIDirect
- Sharekhan
- HDFC Sky
- Groww
Report List >
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
| Broker | Reason | Review | Request Callback |
|---|---|---|---|
| ProStocks | NRIs can trade in stocks and futures & options on BSE and NSE with ProStocks. Why Prostocks has the best NRI trading account;
Know more on ProStocks NRI Trading |  | Open Account  |
| Zerodha | 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.
| | Open Account |
| Fyers | Fyers has the cheapest NRI brokerage trading plan. Here are the top NRI trading features provided by Fyers;
| | Open 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;
| | Open Account |
| HDFC Sky | 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 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 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.
FAQs
As per the regulations, NRI customers are allowed to trade in the following segments;
- Equity delivery: Holding shares in the NRI Demat Account or investment in Indian company’s shares.
- Equity Futures & Options derivative segment.
- Currency F&O segment.
NRIs cannot trade in equity intraday and commodity derivative segment.
Discuss this Question
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.
Discuss this Question
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.
Discuss this Question
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.
Discuss this Question
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.
Discuss this Question
To start trading in Indian market, NRI must open the following accounts in India;
- NRE or NRO Bank Saving Account with PIS letter from RBI
- NRI Demat Account
- NRI Trading Account
Discuss this Question
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.
Discuss this Question
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.
Discuss this Question
User Reviews
More Best-Brokers reports ...List of all reports
- Best Mobile Trading Apps in India 2024
- Best Brokers for Equity SIP
- Best NRI Trading Brokers in India 2024
- Best Brokers for Options Trading in India
- Best Brokers by Customer Service in India
- 10 Best Trading Platforms in India 2024
- Best Brokers for 3 in 1 Demat and Trading Account in India
- 10 Best Brokers for Equity Trading in India 2024
- Best Stock Trading Apps
- Best Stock Brokers by Investment Offering in India
- Best Online Brokers in India
- Best Broker for Research Service in India
- Best Demat Account in India 2024
- Best Brokers for IPO Investment
- Top 10 Discount Brokers in India 2024| Best Brokers
- Top 10 Full Service Brokers in India 2024- Best Brokers
- 10 Best Brokers for Mutual Fund Investment in India 2024
- Best Stock broker for Beginners in India - Top 10 brokers
- Best Intraday Trading Brokers in India
- Best Broker for Algo Trading in India
- Best Brokers by Lowest Brokerage and Transaction Charges
- Best Commodity Trading Brokers in India 2024
- Rs 20 flat Brokerage Plan in India
- Zero Brokerage Trading Accounts in India - Free Equity Delivery Brokers
- Best Zero Brokerage Unlimited Trading Plans in India
By Popular Share Brokers
