Best Stock Brokers for NRI Trading in India - 2021

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.

• Trading and Demat Account Opening charges: Free
• AMC for Trading Account: Nil (Zero)
• Demat account AMC: Free with Rs 1000 refundable one time deposit.
• Brokerage Charges :Rs 100 per trade (all segments).
• Online EKYC, fill your form online.

Prostocks is first broker in India who is offering Online NRI trading account. For more visit visit "How can NRI open an online trading account (NRO NON PIS Trading Account) in India" page.

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 per executed order (Equity, Equity Derivative), where with PIS account its 0.1% or Rs 200 per executed order for equity (whichever is lower).

• For NRI Trading Account - Should have PIS Bank account (when having NRE account) with Axis or HDFC bank or NRO Saving account.
• By mapping your NRE account, you can only trade in the Equity segment whereas, through an NRO account, you can trade in both Equity and Derivative segment.

Detail article on Zerodha NRI Trading

Detail article on Zerodha NRO Non PIS Account

TradePlus NRI Trading service includes trading in equities, futures, and options on NSE and BSE, Investment in IPO and Mutual Funds via NRO account is the easiest way for NRI's to invest.

• NRI with NRO account needs to open just Trading and Demat account.
• Can trade in derivatives, Mutual Funds, an IPO.
• No PIS account requirement.
• Derivatives trading in Rs 1499 PM.
• Detail article on Tradeplus NRI Trading Account

In 2018 IIFL NRI service has won “Best Financial Advisory Services for [email protected] UAE – India Economic Forum” award.  IIFL offers wide range of investment product which includes Equity Trading (Delivery), Derivatives Trading (Futures & Options – F&O), Mutual Funds Investment, NRI IPO investment, Portfolio Management Services (PMS), Bonds, ETFs and more via NRE or NRO bank account. IIFL has a dedicated relationship manager for NRI services and provides free market research to its customers. Online trading tools and mobile app is available free of cost for all IIFL customers as well as clients can use call and trade facility.

Sharekhan offers NRI Investment Service to trade online on NSE, BSE. Online investment on Mutual Funds is also available with the Sharekhan Trading platform. Sharekhan NRI account features are: 

• Integrated RBI-approved bank account with HDFC Bank, Accept NRO Account also.
• Research report for every asset class, a single location for Trading & Demat account.
• Real-time portfolio tracking, fast trading platform, secure transactions.
• Seamless transactions and Paper free trading.

Kotak Securities NRI account gives you the power to buy equities, futures or options, and transferring funds between accounts. Basic Features of the NRI Account are:

• Transfer funds safely via net-banking between your savings bank and trading accounts using the Kotak Payment Gateway.
• Investment option in IPO, ESOPS, bonds, derivatives, and ETFs through the seamless 3-in-1 account.
• Free access to Kotak trading software and mobile app.
• Research report, SMS alerts, CallnTrade and more.
• Detail article on Kotak NRI Trading Account

Geojit has branch offices in Kuwait, Oman, Dubai, Saudi Arabia and providing NRI service to invest in India Market. They have a joint venture with a local group and providing service to NRI customers to invest in the local market as well as the Indian stock market. Geojit doesn't have an office in the USA or support US persons or US investors via their platform.