The side-by-side comparison of Tradingo and SBI Securities NRI Account. Compare Tradingo Vs SBI Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read SBI Securities and Tradingo NRI Account reviews.
Find out Tradingo Vs SBI Securities which is better NRI Trading Account. See Tradingo Vs SBI Securities which is best NRI Demat Account.
Our Tradingo (Swastika Investmart Ltd) comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between Tradingo and SBI Securities NRI Account.
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...
State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist...
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.
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.
Tradingo Vs SBI Securities NRI Account Margin
Tradingo Margin
SBI 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.
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.
Tradingo Vs SBI Securities Order Type Offered for NRI Account
Tradingo
SBI Securities
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Tradingo Vs SBI Securities - NRI Account Advantages and Disadvantages
Tradingo
SBI 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.
The largest bank in India with the highest number of branches.
Offer 3 in 1 account for convenient online trading
Free expert recommendations on trading & investments
Assistance from Relationship Managers
SBI securities NRI opening fees are lowest among full-service brokers.
Mutual fund services are available to NRIs who don't have a trading account.
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.
Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
Doesn't offer Good-till canceled (GTC) order.
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.
SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.
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