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Tradingo Vs Finvasia NRI Account Comparison

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

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

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

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Tradingo Vs Finvasia

  Tradingo Finvasia
 
  Tradingo (Swastika Investmart Ltd) Logo Finvasia Securities Pvt 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) Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE. Finvasia is the only broker ... Know more about Finvasia Securities Pvt 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

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 Finvasia Charges

  Tradingo Finvasia
NRI Account Opening Fees Rs 300 ₹199
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 0 per year (Lifetime Zero AMC)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradingo Vs Finvasia NRI Account Brokerage Comparison

Account Type Tradingo NRI Standard Plan Finvasia NRI Account
Equity Delivery PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade ₹0
Equity Futures Rs 50 per executed order ₹0
Equity Options Rs 50 per executed order ₹0
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Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat Account AMC - Rs 300 ₹0
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 Finvasia NRI Account Taxes/Fees

  Tradingo Finvasia
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 Finvasia NRI Account Margin

  Tradingo Margin Finvasia 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 Finvasia NRI Account Features

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

  Tradingo Review Finvasia Review
  6 Customer Reviews    Rate Tradingo 64 Customer Reviews    Rate Finvasia
Fees 4.2 4.6
Brokerage 4.7 4.8
Trading Platform 3.5 3.2
Customer Service 3.8 3.8
Overall Rating Rated 4.0 stars Rated 4.1 stars
Broker Rating Tradingo is Rated 4.0 / 5 based on 6 customer reviews Finvasia is Rated 4.1 / 5 based on 64 customer reviews
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Contact Broker / Request A Call Back

  Tradingo Enquire Finvasia 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 Finvasia NRI Investment Options

  Tradingo Finvasia
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options

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Tradingo Vs Finvasia NRI Customer Service

  Tradingo Finvasia
Customer Care Number +91 9667657700,+91 9667658800 +91 172 667 0000
Customer Care Email helpdesk@gotradingo.com contactus@finvasia.com
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Tradingo Vs Finvasia Order Type Offered for NRI Account

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

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Tradingo Vs Finvasia - NRI Account Advantages and Disadvantages

  Tradingo Finvasia
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.
  • Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
  • Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
  • NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
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.
  • Finvasia charges technology costs to provide access to some of the trading platforms.
  • It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
  • Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
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.

Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.

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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