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Tradingo Vs Kotak Securities NRI Account Comparison

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

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

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

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Tradingo Vs Kotak Securities

  Tradingo Kotak Securities
 
  Tradingo (Swastika Investmart Ltd) Logo Kotak Securities Ltd 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) Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities Ltd
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
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

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Tradingo Vs Kotak Securities Charges

  Tradingo Kotak Securities
NRI Account Opening Fees Rs 300 ₹3750
NRI Account AMC Rs 0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 250 +GST (From 2nd Year) Rs 600
PIS Account AMC NA ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Tradingo AccountOpen Kotak Securities Account

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Tradingo Vs Kotak Securities NRI Account Brokerage Comparison

Account Type Tradingo NRI Standard Plan Kotak Securities NRI Account
Equity Delivery PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade 1.00%
Equity Futures Rs 50 per executed order 1.00%
Equity Options Rs 50 per executed order 1.00%
Open Tradingo AccountOpen Kotak Securities Account

Other Charges

Contract Note Reporting Charges NA ₹0
Other Brokerage Charges Demat Account AMC - Rs 300 Average Quarterly Balance: ₹10000
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 Kotak Securities NRI Account Taxes/Fees

  Tradingo Kotak Securities
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 Kotak Securities NRI Account Margin

  Tradingo Margin Kotak Securities 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 Kotak Securities NRI Account Features

  Tradingo Kotak Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
Open Tradingo AccountOpen Kotak Securities Account

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Tradingo Vs Kotak Securities NRI Account Review

  Tradingo Review Kotak Securities Review
  6 Customer Reviews    Rate Tradingo 198 Customer Reviews    Rate Kotak Securities
Fees 4.2 2.4
Brokerage 4.7 2.3
Trading Platform 3.5 3.2
Customer Service 3.8 2.8
Overall Rating Rated 4.0 stars Rated 2.4 stars
Broker Rating Tradingo is Rated 4.0 / 5 based on 6 customer reviews Kotak Securities is Rated 2.4 / 5 based on 198 customer reviews
Open Tradingo AccountOpen Kotak Securities Account

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Contact Broker / Request A Call Back

  Tradingo Enquire Kotak Securities 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 Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now
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Tradingo Vs Kotak Securities NRI Investment Options

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

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Tradingo Vs Kotak Securities NRI Customer Service

  Tradingo Kotak Securities
Customer Care Number +91 9667657700,+91 9667658800 022 6689 6000, 022 6652 9191
Customer Care Email helpdesk@gotradingo.com nricustomerservice@kotak.com
Open Tradingo AccountOpen Kotak Securities Account

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Tradingo Vs Kotak Securities Order Type Offered for NRI Account

  Tradingo Kotak Securities
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 Kotak Securities - NRI Account Advantages and Disadvantages

  Tradingo Kotak Securities
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 integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
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 brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

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

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Open Tradingo AccountOpen Kotak Securities Account

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