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5paisa Vs Tradingo NRI Account Comparison

The side-by-side comparison of 5paisa and Tradingo NRI Account. Compare 5paisa Vs Tradingo NRI Account brokerage charges, exposure margin, demat account and AMC. Read Tradingo and 5paisa NRI Account reviews.

Find out 5paisa Vs Tradingo which is better NRI Trading Account. See 5paisa Vs Tradingo which is best NRI Demat Account.

Our 5paisa Capital Ltd comparison with Tradingo (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between 5paisa and Tradingo NRI Account.

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5paisa Vs Tradingo

  5paisa Tradingo
 
  5paisa Capital Ltd Logo Tradingo (Swastika Investmart Ltd) Logo
About the Broker 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 2019, 'We wish to inform you that currently we are not offering our services to NRIs, only Resident Indians can open an account with us. ... Know more about 5paisa Capital Ltd 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)
Account Type NA NRI Standard Plan
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
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

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5paisa Vs Tradingo Charges

  5paisa Tradingo
NRI Account Opening Fees NA Rs 300
NRI Account AMC NA Rs 0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 300 Rs 250 +GST (From 2nd Year)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open 5paisa AccountOpen Tradingo Account

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5paisa Vs Tradingo NRI Account Brokerage Comparison

Account Type 5paisa NA Tradingo NRI Standard Plan
Equity Delivery NA PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures NA Rs 50 per executed order
Equity Options NA Rs 50 per executed order
Open 5paisa AccountOpen Tradingo Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges NA 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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5paisa Vs Tradingo NRI Account Taxes/Fees

  5paisa Tradingo
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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5paisa Vs Tradingo NRI Account Margin

  5paisa Margin Tradingo 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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5paisa and Tradingo NRI Account Features

  5paisa Tradingo
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No No
Other Features
Open 5paisa AccountOpen Tradingo Account

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5paisa Vs Tradingo NRI Account Review

  5paisa Review Tradingo Review
  96 Customer Reviews    Rate 5paisa 6 Customer Reviews    Rate Tradingo
Fees 2.9 4.2
Brokerage 3.5 4.7
Trading Platform 2.8 3.5
Customer Service 2.2 3.8
Overall Rating Rated 2.6 stars Rated 4.0 stars
Broker Rating 5paisa is Rated 2.6 / 5 based on 96 customer reviews Tradingo is Rated 4.0 / 5 based on 6 customer reviews
Open 5paisa AccountOpen Tradingo Account

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Contact Broker / Request A Call Back

  5paisa Enquire Tradingo Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. 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
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5paisa Vs Tradingo NRI Investment Options

  5paisa Tradingo
Stocks No Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Other Investment Options

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5paisa Vs Tradingo NRI Customer Service

  5paisa Tradingo
Customer Care Number NA +91 9667657700,+91 9667658800
Customer Care Email NA helpdesk@gotradingo.com
Open 5paisa AccountOpen Tradingo Account

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5paisa Vs Tradingo Order Type Offered for NRI Account

  5paisa Tradingo
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No

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5paisa Vs Tradingo - NRI Account Advantages and Disadvantages

  5paisa Tradingo
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.
Cons
  • 5paisa does not offer NRI trading and demat account.
  • 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.
Conclusion

5paisa, the 2nd largest discount stock broker in India, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with 5paisa, you have to close it and open a new account with another broker who offers NRI services.

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.

Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

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

Open 5paisa AccountOpen Tradingo Account

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