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SMC Global Vs Tradingo NRI Account Comparison

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

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

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

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SMC Global Vs Tradingo

  SMC Global Tradingo
 
  SMC Global Limited Logo Tradingo (Swastika Investmart Ltd) Logo
About the Broker SMC Global is a diversified financial service provider offering a wide range of financial products and services to resident and non-resident Indians (NRI) investors. NRIs can invest in Equity, Debt, Derivatives and Real Estate Funds with SMC. NRIs ca... Know more about SMC Global Limited 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 NRI Account NRI Standard Plan
Special 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.

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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SMC Global Vs Tradingo Charges

  SMC Global Tradingo
NRI Account Opening Fees ₹1000 Rs 300
NRI Account AMC ₹0 Rs 0
NRI Demat Account Opening Fees Rs 499 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 Tradingo Account

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SMC Global Vs Tradingo NRI Account Brokerage Comparison

Account Type SMC Global NRI Account Tradingo NRI Standard Plan
Equity Delivery 0.50% PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures 0.05% Rs 50 per executed order
Equity Options ₹75 per lot Rs 50 per executed order
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Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat AMC: ₹1180, Min Brokerage: ₹20 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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SMC Global Vs Tradingo NRI Account Taxes/Fees

  SMC Global 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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SMC Global Vs Tradingo NRI Account Margin

  SMC Global 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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SMC Global and Tradingo NRI Account Features

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

  SMC Global Review Tradingo Review
  35 Customer Reviews    Rate SMC Global 6 Customer Reviews    Rate Tradingo
Fees 3.6 4.2
Brokerage 3.5 4.7
Trading Platform 3.8 3.5
Customer Service 3.7 3.8
Overall Rating Rated 3.9 stars Rated 4.0 stars
Broker Rating SMC Global is Rated 3.9 / 5 based on 35 customer reviews Tradingo is Rated 4.0 / 5 based on 6 customer reviews
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Contact Broker / Request A Call Back

  SMC Global Enquire Tradingo Enquire
Contact Broker 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. 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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SMC Global Vs Tradingo NRI Investment Options

  SMC Global Tradingo
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Debt Funds, Bonds, ETF, Insurance

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SMC Global Vs Tradingo NRI Customer Service

  SMC Global Tradingo
Customer Care Number +91-11-25754371, 91- 9650988009 +91 9667657700,+91 9667658800
Customer Care Email nridesk@smcindiaonline.com helpdesk@gotradingo.com
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SMC Global Vs Tradingo Order Type Offered for NRI Account

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

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SMC Global Vs Tradingo - NRI Account Advantages and Disadvantages

  SMC Global Tradingo
Pros
  • NRIs doesn't require separate Custodial Account to trade in Equity Derivatives as SMC is a registered clearing member who can get CP code for and clear the trades. This offers a huge saving for NRIs.
  • Provides research and recommendation tips based on technical analysis.
  • NRIs can trade and invest through mobile, software and web browser
  • Dedicated relationship manager to assist the NRIs in account opening to investing process.
  • SMC is a full-service broker offering a wide range of products and services.
  • 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
  • Offers NRI trading services only to NRIs who have bank accounts with Yes, Axis, HDFC, Indusind, or Federal Bank account holders.
  • It offers 2-in-1 account means NRIs have to open an NRI bank account and PIS with other banks. It also means that they have to transfer funds in their PIS account before trading.
  • Good Till Date/Time (GTD) and Good Till Cancelled (GTC) orders are not available.
  • 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

SMC comes across as a good choice for NRI investors who are looking for a company that offers a wide range of financial products under one roof and investment recommendations. The broker offers a good online trading platform. It also provides wealth management services to NRIs. It has a corporate office in Dubai which makes it easy for NRIs residing in the city to avail various services through branch visits. The brokerage charges of SMC Global are high in comparison to discount stock brokers.

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

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.

Open Instant Demat Account Read Reviews

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

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