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Tradingo Vs SBI Securities NRI Account Comparison

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.

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Tradingo Vs SBI Securities

  Tradingo SBI Securities
 
  Tradingo (Swastika Investmart Ltd) Logo SBICAP 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) 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... Know more about SBICAP 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

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 SBI Securities Charges

  Tradingo SBI Securities
NRI Account Opening Fees Rs 300 ₹2500
NRI Account AMC Rs 0 ₹0
NRI Demat Account Opening Fees Rs 0
NRI Demat Account AMC Rs 250 +GST (From 2nd Year) Rs 750 (Free for 1st Year)
PIS Account AMC NA ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradingo Vs SBI Securities NRI Account Brokerage Comparison

Account Type Tradingo NRI Standard Plan SBI Securities NRI Account
Equity Delivery PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade 0.75%
Equity Futures Rs 50 per executed order
Equity Options Rs 50 per executed order
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Other Charges

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

  Tradingo SBI 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 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.


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Tradingo and SBI Securities NRI Account Features

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

  Tradingo Review SBI Securities Review
  6 Customer Reviews    Rate Tradingo 163 Customer Reviews    Rate SBI Securities
Fees 4.2 3.0
Brokerage 4.7 2.7
Trading Platform 3.5 2.6
Customer Service 3.8 2.8
Overall Rating Rated 4.0 stars Rated 2.5 stars
Broker Rating Tradingo is Rated 4.0 / 5 based on 6 customer reviews SBI Securities is Rated 2.5 / 5 based on 163 customer reviews
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Contact Broker / Request A Call Back

  Tradingo Enquire SBI 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 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 SBI Securities NRI Investment Options

  Tradingo SBI Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Derivatives, FD

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Tradingo Vs SBI Securities NRI Customer Service

  Tradingo SBI Securities
Customer Care Number +91 9667657700,+91 9667658800 +91 22 6153 6900
Customer Care Email helpdesk@gotradingo.com nri@sbicapsec.com
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Tradingo Vs SBI Securities Order Type Offered for NRI Account

  Tradingo SBI Securities
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 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.
  1. The largest bank in India with the highest number of branches.
  2. Offer 3 in 1 account for convenient online trading
  3. Free expert recommendations on trading & investments
  4. Assistance from Relationship Managers
  5. SBI securities NRI opening fees are lowest among full-service brokers.
  6. 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.
  1. Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
  2. The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
  3. 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

  • 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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