Top 10 NRI Full-Service Brokers in India

NRI Full-Service Stock Brokers features:

1. ICICI Direct: ICICI bank offers full-service of investment and Trading in the Indian stock market to their NRI customers thru the ICICI Direct 3-in-1 Demat account — NRI bank account + Trading + Demat. ICICI Direct provides a wide range of trading services in mutual funds, NCD, ETF, equity, FD, derivatives F&O, and IPO. The NRI investors can quickly transfer their funds from their bank account to their trading account in seconds thru ICICI direct mobile app. In addition, NRI Investors can choose numerous great investment schemes that offer high returns without the hassle of paperwork.
2. Sharekhan: One of India’s top leaders in stockbrokers, Sharekhan has offered full-service stockbrokers to residents and NRI’s since 2000 and was India’s first stockbroker that offers online trading. In 2016, Sharekhan was acquired by BNP (the leading bank in Europe). Sharekhan provides a 3-in-1 account — Trading + Demat + Saving account in partnership with HDFC, Axis, IDBI, and Indusland Bank. NRI investors can trade and invest in IPO, mutual funds, NCD, corporate FDs, and equity derivatives. In addition, Sharekhan provides an excellent low bandwidth web service — Sharekhan mini, which enables investors to trade without worries even with low connectivity.
3. Choice Broking: Choice Broking provides a full-service stock broker that offers a 2-in-1 account and the option to open an NRI bank account with HDFC or AXIS Bank at an extra cost. Choice Broking provides NRI broker services to individuals who stay overseas except those who live in Canada and the USA. Choice broking is suitable for those who only want to trade in equity derivatives and stock markets or invest in mutual funds.
4. SBI Securities: State Bank of India (SBI) is one of the oldest banks of India that has over 198 branches in 35 countries globally, having an excellent banking relationship with over 24 exchange companies and 400+ banks. SBI Securities offers a 3-in-1 NRI account — Savings + Trading + Demat to their NRI customers, which allows them to invest and trade in depository services, equities, mutual funds, and a range of third-party investment schemes. For the NRI investors in the Middle East GCC countries, SBI offers a dedicated relationship management team. However, currently, SBI Securities does not provide an NRI trading and Demat account facility for those based in Canada, Japan, the United Kingdom, and the USA due to the country governing restrictions.
5. HDFC Securities: HDFC is India’s most advanced private bank that offers excellent services to residents and NRIs. HDFC Securities provides a 3-in-1 NRI account — NRI saving + Trading + Demat with zero annual maintenance charges and allows them to invest and trade in Indian stock markets seamlessly. Currently, HDFC is offering NRI services for all countries except Canada and the USA.
6. AXIS Direct: With excellent customer service and bank facilities, within a short time, Axis Bank has become India’s 3rd largest private bank having ten branches globally, including Dubai, London, Singapore, and Shanghai (China). Axis Direct provides a 4-in-1 NRI account — Trading + Demat + PIS and Non-PIS account to their NRI investors allows them to trade and invest in bonds, IPO, ETF, NCD, ETF, mutual funds equity, and equity derivatives F&O. Currently, Axis Direct is not offering service to NRI based in the US due to regulatory restrictions.
7. Ventura Securities: Ventura securities offer a 2-in-1 NRI account that includes a Trading + Demat account that provides an excellent trading platform online — Pointer and dedicated relationship manager to their NRI customers. Ventura offers NRI account services to many countries globally, including Australia, East Africa, the USA, the UK, and many more. In addition, Ventura has their branches in India and Dubai.
8. IIFL Securities: An award-winning company in 2018 by UAE for best NRI stockbroker services, IIFL Securities, offers their NRI investor 2-in-1 Trading + Demat account that allows them to invest and trade them in a wide range of schemes of IPO, bonds, stocks, mutual funds, and equity derivatives. IIFL Securities have branches in India, Mauritius, UK, the US, Singapore, UAE, Hong Kong, Canada, and Switzerland.
9. Angel One: One of the most influential stockbrokers in India, Angel One provides excellent services for NRIs and residents. Angel One offers 2-in-1 NRI accounts that combine the Trading and Demat accounts that allow the investors to trade in equity derivatives and stocks as well invest in IPOs. In addition, Angel One appoints a dedicated relationship manager to NRI investors that keep them updated on the Indian market and economic trends.
10. Kotak Securities: Kotak Mahindra Bank offers a wide range of online investment and trading services to its residents and NRI clients. Kotak Securities provides NRI 3-in1 accounts that have combined saving with the Trading and Demat account, allowing the NRI investors to trade in the Indian stock market seamlessly. Korak bank has its branches in Mauritius, London, New York, and Singapore.