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Choice Broking Vs Tradingo NRI Account Comparison

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

Find out Choice Broking Vs Tradingo which is better NRI Trading Account. See Choice Broking Vs Tradingo which is best NRI Demat Account.

Our Choice Equity Broking Private Limited comparison with Tradingo (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between Choice Broking and Tradingo NRI Account.

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Choice Broking Vs Tradingo

  Choice Broking Tradingo
 
  Choice Equity Broking Private Limited Logo Tradingo (Swastika Investmart Ltd) Logo
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... Know more about Choice Equity Broking Private Limited TradingBells is an online discount broker offering low brokerage trading services to NRI investors. Trading bells is part of Swastika Investmart Ltd., a traditional full-service broker with over 25+ years of stock broking experience. TradingBells of... Know more about Tradingo (Swastika Investmart Ltd)
Account Type NRI Trading NRI Standard Plan
Enquire Choice BrokingOpen Tradingo Account

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Choice Broking Vs Tradingo Charges

  Choice Broking Tradingo
NRI Account Opening Fees ₹0 Rs 300
NRI Account AMC ₹0 Rs 0
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 250
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire Choice BrokingOpen Tradingo Account

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Choice Broking Vs Tradingo NRI Account Brokerage Comparison

Account Type Choice Broking NRI Trading Tradingo NRI Standard Plan
Equity Delivery 0.50% Rs 100 per order or 0.1% (whichever is lower)
Equity Futures 0.03% Rs 50 per executed order
Equity Options ₹100 per lot Rs 50 per executed order
Enquire Choice BrokingOpen Tradingo Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat Account AMC - ₹200 per year 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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Choice Broking Vs Tradingo NRI Account Taxes/Fees

  Choice Broking 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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Choice Broking Vs Tradingo NRI Account Margin

  Choice Broking 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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Choice Broking and Tradingo NRI Account Features

  Choice Broking Tradingo
3-in-1 Account No No
Automated Trading No
Free Research And Tips Yes No
Other Features
Enquire Choice BrokingOpen Tradingo Account

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Choice Broking Vs Tradingo NRI Account Review

  Choice Broking Review Tradingo Review
  7 Customer Reviews    Rate Choice Broking 6 Customer Reviews    Rate Tradingo
Fees 4.4 4.2
Brokerage 4.1 4.7
Trading Platform 4.4 3.5
Customer Service 4.0 3.8
Overall Rating Rated 4.1 stars Rated 4.0 stars
Broker Rating Choice Broking is Rated 4.1 / 5 based on 7 customer reviews Tradingo is Rated 4.0 / 5 based on 6 customer reviews
Enquire Choice BrokingOpen Tradingo Account

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Contact Broker / Request A Call Back

  Choice Broking Enquire Tradingo Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer
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Choice Broking Vs Tradingo NRI Investment Options

  Choice Broking Tradingo
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options

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Choice Broking Vs Tradingo NRI Customer Service

  Choice Broking Tradingo
Customer Care Number 022-67079903, 9819545987 +91 9667657700,+91 9667658800
Customer Care Email nri@choiceindia.com helpdesk@gotradingo.com
Enquire Choice BrokingOpen Tradingo Account

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Choice Broking Vs Tradingo Order Type Offered for NRI Account

  Choice Broking Tradingo
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No

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Choice Broking Vs Tradingo - NRI Account Advantages and Disadvantages

  Choice Broking Tradingo
Pros
  • Free account opening.
  • Advisory services with access to a wide range of research reports.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Dedicated relationship manager.
  • Charges flat ₹100 across equity delivery, and F&O segments from NRIs. This is among the lowest brokerage in India for NRI customers.
  • Allows linking the trading account with an NRI bank account opened with a designated bank in India.
  • Offers different trading platform available through mobile app, website and trading terminal.
  • Dedicated online support desk to resolve the queries of the investors.
Cons
  • Higher brokerage charges when compared to other discount brokers.
  • Do not offer 3-in-1 account services.
  • Do not provide an online account opening facility.
  • Only offers a 2-in-1 account which increases the paperwork to open separate NRI bank account with other banks.
  • Clients need to pay to avail research services
Conclusion

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.

TradingBells is an online broker with presence in 80+ cities through its parent company Swastika Investmart. It charges the lowest brokerage to NRIs. 3 different trading platforms Justrade, Now and ODIN are available to the customer. It suites to frequent trades (NRIs) who prefers to trade online at an ultra-low-cost.

Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Enquire Choice BrokingOpen Tradingo Account
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