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Tradingo Stock Trading, Demat, Brokerage and Reviews 2024


-0.3% 80,523 Clients

Tradingo Account Opening Enquiry

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

Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuring faster and more cost-effective transactions, offering a wide range of financial products and services like stock trading, mutual funds, commodity trading, currency trading, online IPO, US Stocks, IPO Funding, Margin Funding, and Margin against Shares.

The company charges Rs 20 per order or 2.5% (whichever is lower) on Delivery trades and charges Rs 20 per order or 0.05% (whichever is lower) for Intraday trades. Along with the basic discount broking plan, they also offer a Premium and Go Unlimited Plan that includes additional benefits like daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an extra cost.

They have their own user-friendly trading platform called Tradingo, available as a web and mobile app, which provides a seamless online stock trading experience to investors. They also offer Justrade Pro, installable software for trading through laptops or desktops.

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


Tradingo Charges 2024

Tradingo keeps it simple when it comes to charges. They charge Rs 20 per executed order or 2.5% (whichever is lower) for Equity Delivery trades. For Intraday trading, they charge Rs 20 or 0.05% per executed order, whichever is lower.

Tradingo offers three different brokerage plans to its investors: Discount Broking Plan, Premium Plan and Go Unlimited Plan.

Discount Broking Plan Brokerage

The Discount Broking Plan from Tradingo is designed for investors who prefer to trade independently online with minimal assistance from the broker. This plan charges Rs 20 per order or 2.5% (whichever is lower) for equity delivery trades, along with research and recommendations for informed decision-making. For intraday and F&O trades, a brokerage fee of Rs 20 per order or 0.05% whichever is lower. It's a cost-effective option for those who are comfortable managing their investments on their own.

Segment Brokerage Fee

Equity Delivery

Rs 20 per executed order or 2.5% (whichever is lower)

Equity Intraday

Rs 20 per executed order or 0.05% (whichever is lower)

Equity Futures

Rs 20 per executed order or 0.05% (whichever is lower)

Equity Options

Rs 20 per executed order

Currency Futures

Rs 20 per executed order or 0.05% (whichever is lower)

Currency Options

Rs 20 per executed order

Commodity Futures

Rs 20 per executed order or 0.05% (whichever is lower)

Commodity Options

Rs 20 per executed order

Premium Plan Brokerage

The Tradingo Premium plan is designed for customers who prefer personalised assistance from relationship managers. With this plan, you'll have access to expert guidance, support, and personalised research and recommendations. The brokerage charges for equity delivery trades are Rs 0.3%, while for intraday it's 0.03%of total trade value and options trading costs Rs 30 per lot. Also, there is no call-and-trade charge with the premium plan.

Segment Brokerage Fee

Subscription Fee

One time subscription fee based on the chosen VIP Plan

Equity Delivery

0.3% of total trade value or less

Equity Intraday

0.03% of total trade value or less

Equity Futures

0.03% of total trade value or less

Equity Options

Rs 30 per lot

Currency Futures

0.3% of total trade value or less

Currency Options

Rs 30 per lot

Commodity Futures

0.3% of total trade value or less

Commodity Options

Rs 30 per lot

Go Unlimited Plan

  • The subscription charges for this plan are Rs 10,000 + 18% GST (i.e. total Rs 11,800/-).
  • Validity of Subscription will be 30 Calendar days from the confirmation date.
  • FREE Call and trade facility.
  • FREE unlimited brokerage in all segments for 30 calendar days.
  • Exclusive Relationship Manager Support.

Terms & Conditions-:

  • After the expiry of the plan, your brokerage rates will change back to the same rates as it was at the time of activating this plan.
  • The subscription amount you have paid for this plan, once debited from your ledger after your confirmation, becomes non-refundable under any situation.

Other charges levied by Tradingo include:

  • Call and Trade charge: Rs. 50+ GST per executed order only under the Discount brokerage plan.
  • Free account opening
  • SMS Charges for Real-time Trade Confirmation: Rs 0.25 per SMS (capped to a maximum of Rs 10 per day) only under the Discount brokerage plan.

Visit Tradingo Brokerage Charges Review for more detail.

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

Tradingo Online Account Opening

Tradingo Online Account Opening

Tradingo offers convenient options for opening an account, allowing customers to choose between online and offline modes.

Online Account Opening

For instant online account opening, simply visit the Tradingo website and follow the steps to initiate the process. You will need your Aadhaar Number linked with your current phone number for OTP verification and e-Signing the account opening documents. You can open your demat account within 30 minutes.

You will need these documents to open an account online:

  • PAN card
  • Aadhaar card
  • Bank proof

Offline Account Opening (paper-based form)

Tradingo also offers paper-based account opening for customers who are unable to open an account online. You can visit Swastika Investmart branches or partner offices to complete the process. Additionally, you have the option to download the account opening PDF, fill it out, sign it, and send the form to the Swastika office for account opening.

The following documents are required for offline account opening:

  • PAN card
  • Aadhaar card
  • Bank proof
  • Income Proof

Tradingo Trading Software (Tradingo Trading Platforms)

Tradingo Trading Software (Tradingo Trading Platforms)

Tradingo offers three trading platforms to its investors:

Tradingo Mobile app

Tradingo mobile app allows you to trade anytime from anywhere. It's a free app that allows you to trade and invest in Stocks, Futures, Options, Commodities, and Currencies. With the app, you can enjoy a seamless trading experience, access live market data, personalize your watchlist, receive trading tips and recommendations, and take advantage of exclusive trading offers.

Benefits of the Tradingo app:

  • Fingerprint log-in
  • TradingView chart
  • Advanced option chain
  • IPOs
  • Customized recommendations
  • Integrated Algo trading
  • Bracket Order in F&O
  • Multiple user login

You can download Tradingo App from:

Play Store

App Store

Tradingo Web-based platform

The Tradingo webapp is an online platform that you can access using a web browser. It offers a user-friendly interface that enhances the online trading experience for investors. This platform allows the clients to conveniently place orders, track transactions, and invest in various financial products such as IPOs, Equity, F&O, Commodity, Currency, and US Stocks.

The web-based trading platform offers several benefits to investors:

  • TradingView chart
  • Advanced option chain
  • Pay via QR code
  • Seamless login with OTP
  • Algo Trading
  • Research & recommendation

Justrade Pro Software (Installable Trading Terminal)

Justrade Pro Software is an ODIN-based Desktop trading application designed for high-frequency traders. Justrade is a feature-rich trading platform that offers customisable multiple market watchlists, faster execution, instant news, live reports, and much more.

 

Visit Tradingo Trading Software Review for more detail.

Tradingo Account Opening Enquiry

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

Tradingo Pros and Cons


Tradingo Pros (Advantages)

The following are the advantages of Tradingo. You must read Tradingo advantages and disadvantages before opening an account with Tradingo. Tradingo pros and cons help you find if it suits your investment needs.

  • Maximum Rs 20 per trade brokerage across all other segments.
  • Simple and Transparent pricing model.
  • Option to invest in US Stocks along with Equity, F&O, Commodity, Currency, IPO, and Mutual Funds.
  • Value-added services like Margin funding, Margin against shares, IPO funding, Research reports, and Relationship managers.
  • Branch support.
  • Personal relationship manager (RM) is available in Premium Plan.
  • Offer stock tips, research reports and recommendations in Premium Plan.
  • Advanced Algo Trading Facilities within the mobile app.
  • Explore the features of the Tradingo App without completing KYC formalities.
  • Backed by Swastika Investmart Ltd, a traditional broker with over three decades of experience in securities.

Tradingo Cons (Disadvantages)

The following are the cons of Tradingo. Check the list of Tradingo drawbacks.

  • Call & Trade is available at an additional fee of Rs 20 per executed order (under the Discount broking plan).
  • Does not offer 3-in-1 account.
  • Discount brokerage is not available for NRI customers.
  • Exclusive Relationship Manager (RM) is not available in the discount brokerage plan.

Open Instant Account with Tradingo

Tradingo Margin Exposure

Tradingo margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Tradingo F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Tradingo F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Tradingo Ratings

Overall Rating Rated 4.0 stars 4.0/5
Fees Rated 4.2 stars 4.2/5
Brokerage Rated 4.7 stars 4.7/5
Usability Rated 3.5 stars 3.5/5
Customer Service Rated 3.8 stars 3.8/5
Research Capabilities Rated 2.0 stars 2.0/5

Based on 6 Votes by Tradingo Customers

Do you trade with Tradingo? Rate Tradingo


Tradingo Complaint

The number of Tradingo customer complaint received by the exchanges. The Tradingo consumer complaint report helps understanding the Tradingo (Swastika Investmart Ltd) quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2024-25 80,523 4 0%
NSE 2023-24 80,765 42 0.05%
BSE 2023-24 27,184 7 0.03%
NSE 2022-23 75,221 83 0.11%
BSE 2022-23 13,776 3 0.02%
NSE 2021-22 70,202 58 0.08%
BSE 2021-22 11,679 3 0.03%
NSE 2020-21 54,069 37 0.07%
NSE 2019-20 35,485 22 0.06%
BSE 2019-20 8,928 3 0.03%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Tradingo Complaints at BSE, NSE and MCX for detail report.


Frequently Asked Questions

  1. 1. What is Tradingo?

    Tradingo is a low-cost discount broker providing online and offline trading and investment offerings in Stocks, Equity Derivatives, Currency Derivatives, Commodity, IPO, Mutual funds, and US Stocks, powered by Swastika Investmart Limited, a trusted brokerage company and financial service provider since 1992.

    They provide trading services with Rs 20 per executed order or 2.5% (whichever is lower) charges for Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) for intraday trades on BSE, NSE, and MCX segments.

     

     

  2. 2. How Tradingo works?

    Tradingo is a low-cost discount broker providing online and offline trading and investment offerings in Stocks, Equity Derivatives, Currency Derivatives, Commodities, IPOs, Mutual funds, and US Stocks. They provide free account opening and Equity Delivery trading with an annual maintenance charge of Rs. 250 for demat accounts from the 2nd year.

    To trade or invest, a customer has to open a trading & Demat account and choose one of the two brokerage plans offered.

    Tradingo offers three brokerage plans; Discount, Premium, and Go Unlimited Plan. The discount brokerage plan is a plan with a brokerage of a maximum of Rs 20 per order in Intraday & F&O segments. The Premium plan gives the investor access to free personalized research calls, a free Call and Trade facility, and a personal relationship manager. With the Go Unlimited plan, you can get the benefits like FREE Call and trade, unlimited brokerage-free trading in all segments for 30 days, and exclusive support from a dedicated Relationship Manager for personalized guidance throughout your trading journey. Visit Tradingo Brokerage Charges for more details. They also provide branch support to their customers.

     

     

  3. 3. How is Tradingo?

    Tradingo is a low-cost online stock broker offering free account opening. Tradingo charges a max of Rs 20 per trade for intraday and F&O trading at BSE, NSE, MCX, and NCDEX. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) for Equity Delivery trades.

    Key Strengths:

    • Powered by Swastika Investmart Limited, a full-service broker with over 31+ years of experience.
    • Tradingo is a SEBI-registered broker and an Investment Advisor.
    • They also offer personalised tailor-made brokerage plans to suit traders' needs.
    • Their discount brokerage plan is simple, competitively priced, and suitable for long-term investors as well as frequent traders.
    • They provide personalised research services and a dedicated relationship manager in a premium brokerage plan.
    • They offer a strong and reliable online trading platform for seamless trading experiences.
    • They offer IPO funding, margin funding, and margin against shares.
    • Overall, Tradingo is a safe, experienced, and well-managed broker for all kinds of investors including beginners, seasonal investors, and frequent traders.

     

     

  4. 4. How to invest in Tradingo?

    To invest in Tradingo, you can follow these steps:

    1. Open trading and Demat account with Tradingo.
    2. Link your bank account to your trading and Demat account.
    3. Once your account is opened, you will receive login details via email.
    4. Use the Tradingo Mobile Trading app or website to log in.
    5. Transfer funds from your bank account to your trading account.
    6. Buy stocks or trade in commodities or currencies.

    Note:

    • To invest in mutual funds, you need to contact Tradingo's support desk as they currently don't have a platform for mutual funds.
    • If you are interested in global investments, such as trading US Stocks, you can open a separate US Brokerage account with Tradingo.

     

     

  5. 5. How to close Tradingo account?

    The account can be closed at any time by sending a signed account closure request form in paper format to the broker.

    The account cannot be closed online by submitting the account closure form via email. You have to submit the physically signed paper form.

    Steps to close Tradingo account:

    1. Visit the Tradingo website.
    2. Download the Tradingo Equity and Demat Account Closure Form.
    3. Print, fill, and sign the forms as per instructions.
    4. Send the paper form to the address provided or submit it to the nearest Tradingo branch.

    Note:

    • Sell or transfer your Demat holdings before initiating the closure request.
    • Close all open F&O positions if any.
    • Clear all dues in your account.
    • Keep a copy of the filled form for reference.
    • Follow-up for closure in case of communication received from the broker in 7-10 days.

     

     

  6. 6. Does Tradingo give tips?

    Yes, they provide stock tips, research reports, and recommendations to all its customers. The availability of tips and recommendations may vary depending on the brokerage plan chosen by the customer.

    They offer different plans with varying levels of features and benefits. The Premium plan, for example, includes access to free personalisedresearch calls and recommendations from experts. The personalized recommendations are not available to customers who opted for the discount brokerage plan.

     

     

  7. 7. Does Tradingo offer margin trading?

    Tradingo allows margin trading with up to 5x exposure in Equity Intraday trading as per the stock exchange's margin policies. They don't offer any additional margin.Additionally, they offer a Margin funding facility,allowing investors to cover any shortfall at an interest rate of 0.067% per day. Moreover, they provide a Margin against shares option, enabling investors to trade Intraday without cash and interest payment by utilizing non-Cash limits based on stock valuation.

     

     

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

1 Comments

1. Abhishek Kumar   I Like It. |Report Abuse|  Link|November 29, 2021 11:32:14 AMReply
Good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

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