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The side-by-side comparison of Choice Broking and Tradeplus NRI Account. Compare Choice Broking Vs Tradeplus NRI Account brokerage charges, exposure margin, demat account and AMC. Read Tradeplus and Choice Broking NRI Account reviews.
Find out Choice Broking Vs Tradeplus which is better NRI Trading Account. See Choice Broking Vs Tradeplus which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between Choice Broking and Tradeplus NRI Account.
| Choice Broking | Tradeplus | |
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| About the Broker | Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NR...  |
Tradeplus is one of the first brokerage firms to offer online trading services to NRIs. Tradeplus offers 4-in-1 accounts which include NRI SB Account, NRI Demat account, NRI trading account, and PAN Account. The broker allows NRIs to open NRO account... |
| Account Type | NRI Trading | NRI Account |
| Special Offer | Zerodha (Trade with the best stock broker) 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. |
Zerodha (Trade with the best stock broker) 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. |
| Choice Broking | Tradeplus | |
|---|---|---|
| NRI Account Opening Fees | ₹0 | ₹500 |
| NRI Account AMC | ₹0 | ₹1000 p.a or ₹2500 Life Time AMC for 10yrs |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | Rs 200 or as per plan. (1st year AMC free) | Rs 0 |
| PIS Account AMC | NA | ₹1500 |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Tradeplus Account |
| Account Type | Choice Broking NRI Trading | Tradeplus NRI Account |
|---|---|---|
| Equity Delivery | 0.50% | 0.40% for NRE and 0.10% for NRO |
| Equity Futures | 0.03% | ₹49 per executed trade |
| Equity Options | ₹100 per lot | ₹49 per executed trade |
| Open Tradeplus Account |
| Contract Note Reporting Charges | NA | PIS- ₹150 and Non-PIS- ₹200 |
| Other Brokerage Charges | Demat Account AMC - ₹200 per year | Regular plan: ₹200 per CRF; Direct Plan: No charges |
| 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% |
| Choice Broking | Tradeplus | |
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| Securities Transaction Tax (STT) |
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| 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. |
| Choice Broking Margin | Tradeplus 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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| Choice Broking | Tradeplus | |
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| 3-in-1 Account |  |
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| Automated Trading | |
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| Free Research And Tips |  |
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| Other Features | BTSL (Buy Today Sell Tomorrow) Order, Call & trade, ESOP trading | |
| Open Tradeplus Account |
| Choice Broking Review | Tradeplus Review | |
|---|---|---|
14 Customer Reviews  |
37 Customer Reviews |
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| Broker Rating | Choice Broking is Rated 3.1 / 5 based on 14 customer reviews | Tradeplus is Rated 2.9 / 5 based on 37 customer reviews |
| Open Tradeplus Account |
| Choice Broking Enquire | Tradeplus 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. | 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. |
| Choice Broking | Tradeplus | |
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| Stocks | |
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| Initial Public Offers (IPO) | |
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| Other Investment Options | IPO, ETFs, Bonds |
| Choice Broking | Tradeplus | |
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| Customer Care Number | 022-67079903, 9819545987 | + 91 44 39189469 / 470 |
| Customer Care Email | nri@choiceindia.com | nri@tradeplusonline.com |
| Open Tradeplus Account |
| Choice Broking | Tradeplus | |
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| Choice Broking | Tradeplus | |
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Conclusion
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Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses. |
Tradeplus is an excellent choice for NRI traders who want to trade using their NRO accounts. For such investors, the broker provides special facilities like margin trading and BTST (Buy Today and Sell Tomorrow) under NRO accounts which is not available with any other stock broker. The discount broker offers a 4-in-1 account in collaboration with Yes, HDFC and Axis bank which makes trading more convenient. However, the charges for call & trade services are on a higher side. |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Tradeplus Account |
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