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Tradingo Vs AxisDirect NRI Account Comparison

The side-by-side comparison of Tradingo and AxisDirect NRI Account. Compare Tradingo Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Tradingo NRI Account reviews.

Find out Tradingo Vs AxisDirect which is better NRI Trading Account. See Tradingo Vs AxisDirect which is best NRI Demat Account.

Our Tradingo (Swastika Investmart Ltd) comparison with Axis Securities highlights the major differences between two brokers. Find the best between Tradingo and AxisDirect NRI Account.

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Tradingo Vs AxisDirect

  Tradingo AxisDirect
 
  Tradingo (Swastika Investmart Ltd) Logo Axis Securities Logo
About the Broker Tradingo is an online broker offering stock market investment and trading services to the resident as well as NRI investors. Tradingo is a part of Swastika Investmart Ltd., a traditional full-service broker with over 29 years of stockbroking experien... Know more about Tradingo (Swastika Investmart Ltd) Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NRI Standard Plan NRI Account
Special Offer
Special Offer: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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Tradingo Vs AxisDirect Charges

  Tradingo AxisDirect
NRI Account Opening Fees Rs 300 ₹2500
NRI Account AMC Rs 0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 250 +GST (From 2nd Year) Rs 650
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradingo Vs AxisDirect NRI Account Brokerage Comparison

Account Type Tradingo NRI Standard Plan AxisDirect NRI Account
Equity Delivery PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade 0.75%
Equity Futures Rs 50 per executed order 0.05%
Equity Options Rs 50 per executed order Intraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Demat Account AMC - Rs 300 PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Tradingo Vs AxisDirect NRI Account Taxes/Fees

  Tradingo AxisDirect
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Tradingo Vs AxisDirect NRI Account Margin

  Tradingo Margin AxisDirect Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Tradingo and AxisDirect NRI Account Features

  Tradingo AxisDirect
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Tradingo Vs AxisDirect NRI Account Review

  Tradingo Review AxisDirect Review
  6 Customer Reviews    Rate Tradingo 89 Customer Reviews    Rate AxisDirect
Fees 4.2 2.0
Brokerage 4.7 1.8
Trading Platform 3.5 2.5
Customer Service 3.8 2.1
Overall Rating Rated 4.0 stars Rated 2.0 stars
Broker Rating Tradingo is Rated 4.0 / 5 based on 6 customer reviews AxisDirect is Rated 2.0 / 5 based on 89 customer reviews
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Contact Broker / Request A Call Back

  Tradingo Enquire AxisDirect Enquire
Contact Broker Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Tradingo Vs AxisDirect NRI Investment Options

  Tradingo AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Tradingo Vs AxisDirect NRI Customer Service

  Tradingo AxisDirect
Customer Care Number +91 9667657700,+91 9667658800 +91 22 4257 0809
Customer Care Email helpdesk@gotradingo.com
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Tradingo Vs AxisDirect Order Type Offered for NRI Account

  Tradingo AxisDirect
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes

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Tradingo Vs AxisDirect - NRI Account Advantages and Disadvantages

  Tradingo AxisDirect
Pros
  • Simple brokerage model.
  • Allows Equity Stocks investment using a non-PIS account.
  • Allows linking the trading account with any NRI bank account opened with a designated bank in India.
  • Offers to trade via mobile app, website, or trading terminal.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  • Only offers a 2-in-1 account which increases the paperwork to open separate NRI bank account with other banks.
  • Higher Brokerage charges for non-PIS account.
  • Clients need to pay to avail of research services.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

Tradingo is a discount broker that offers 2-in-1 account services to NRI at ultra-low-cost brokerage charges. You can link or open an NRI bank account with any designated bank of your choice. Tradingo also offers advanced trading platforms to NRI to trade via mobile, web, or desktop software.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

Tradingo Special Offer

Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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