Tradeplus Vs Finvasia NRI Account Comparison

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.

• 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.

• Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
• Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
• NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.

• Finvasia charges technology costs to provide access to some of the trading platforms.
• It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
• Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.

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.

Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.