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Tradeplus Vs AxisDirect NRI Account Comparison

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

Find out Tradeplus Vs AxisDirect which is better NRI Trading Account. See Tradeplus Vs AxisDirect which is best NRI Demat Account.

Our Tradeplus (Navia Markets Ltd) comparison with Axis Securities highlights the major differences between two brokers. Find the best between Tradeplus and AxisDirect NRI Account.

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Tradeplus Vs AxisDirect

  Tradeplus AxisDirect
 
  Tradeplus (Navia Markets Ltd) Logo Axis Securities Logo
About the Broker 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... Know more about Tradeplus (Navia Markets Ltd) Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NRI Account 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.


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Tradeplus Vs AxisDirect Charges

  Tradeplus AxisDirect
NRI Account Opening Fees ₹500 ₹2500
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 0 Rs 650
PIS Account AMC ₹1500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradeplus Vs AxisDirect NRI Account Brokerage Comparison

Account Type Tradeplus NRI Account AxisDirect NRI Account
Equity Delivery 0.40% for NRE and 0.10% for NRO 0.75%
Equity Futures ₹49 per executed trade 0.05%
Equity Options ₹49 per executed trade Intraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

Contract Note Reporting Charges PIS- ₹150 and Non-PIS- ₹200
Other Brokerage Charges Regular plan: ₹200 per CRF; Direct Plan: No charges PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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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Tradeplus Vs AxisDirect NRI Account Taxes/Fees

  Tradeplus AxisDirect
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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Tradeplus Vs AxisDirect NRI Account Margin

  Tradeplus Margin AxisDirect 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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Tradeplus and AxisDirect NRI Account Features

  Tradeplus AxisDirect
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features BTSL (Buy Today Sell Tomorrow) Order, Call & trade, ESOP trading
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Tradeplus Vs AxisDirect NRI Account Review

  Tradeplus Review AxisDirect Review
  37 Customer Reviews    Rate Tradeplus 83 Customer Reviews    Rate AxisDirect
Fees 3.4 2.0
Brokerage 4.1 1.8
Trading Platform 2.8 2.6
Customer Service 2.6 2.2
Overall Rating Rated 2.9 stars Rated 2.0 stars
Broker Rating Tradeplus is Rated 2.9 / 5 based on 37 customer reviews AxisDirect is Rated 2.0 / 5 based on 83 customer reviews
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Contact Broker / Request A Call Back

  Tradeplus Enquire AxisDirect 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.
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Tradeplus Vs AxisDirect NRI Investment Options

  Tradeplus AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options IPO, ETFs, Bonds

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Tradeplus Vs AxisDirect NRI Customer Service

  Tradeplus AxisDirect
Customer Care Number + 91 44 39189469 / 470 +91 22 4257 0809
Customer Care Email nri@tradeplusonline.com
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Tradeplus Vs AxisDirect Order Type Offered for NRI Account

  Tradeplus AxisDirect
Bracket Order No Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes

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Tradeplus Vs AxisDirect - NRI Account Advantages and Disadvantages

  Tradeplus AxisDirect
Pros
  • Experience of 15+ years in providing NRI financial services.
  • Offers a 4-in-1 trading account.
  • ESOP Trading is allowed for NRIs.
  • Margin trading and BTST (Buy Today and Sell Tomorrow) are offered for NRO Account.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

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.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

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

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
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