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Tradeplus Vs Finvasia NRI Account Comparison

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

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

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

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Tradeplus Vs Finvasia

  Tradeplus Finvasia
 
  Tradeplus (Navia Markets Ltd) Logo Finvasia Securities Pvt Ltd 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) Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE. Finvasia is the only broker ... Know more about Finvasia Securities Pvt Ltd
Account Type NRI Account NRI Account
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Tradeplus Vs Finvasia Charges

  Tradeplus Finvasia
NRI Account Opening Fees ₹500 ₹199
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 0 Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC ₹1500 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradeplus Vs Finvasia NRI Account Brokerage Comparison

Account Type Tradeplus NRI Account Finvasia NRI Account
Equity Delivery 0.40% for NRE and 0.10% for NRO ₹0
Equity Futures ₹49 per executed trade ₹0
Equity Options ₹49 per executed trade ₹0
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Other Charges

Contract Note Reporting Charges PIS- ₹150 and Non-PIS- ₹200 NA
Other Brokerage Charges Regular plan: ₹200 per CRF; Direct Plan: No charges ₹0
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 Finvasia NRI Account Taxes/Fees

  Tradeplus Finvasia
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 Finvasia NRI Account Margin

  Tradeplus Margin Finvasia 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 Finvasia NRI Account Features

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

  Tradeplus Review Finvasia Review
  36 Customer Reviews    Rate Tradeplus 45 Customer Reviews    Rate Finvasia
Fees 3.5 4.8
Brokerage 4.1 4.9
Trading Platform 2.8 3.5
Customer Service 2.6 4.3
Overall Rating Rated 2.9 stars Rated 4.5 stars
Broker Rating Tradeplus is Rated 2.9 / 5 based on 36 customer reviews Finvasia is Rated 4.5 / 5 based on 45 customer reviews
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Contact Broker / Request A Call Back

  Tradeplus Enquire Finvasia Enquire
Contact Broker Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer
Leave your contact information and we will get in touch with you....
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Tradeplus Vs Finvasia NRI Investment Options

  Tradeplus Finvasia
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options IPO, ETFs, Bonds

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Tradeplus Vs Finvasia NRI Customer Service

  Tradeplus Finvasia
Customer Care Number + 91 44 39189469 / 470 +91 172 667 0000
Customer Care Email nri@tradeplusonline.com contactus@finvasia.com
Enquire TradeplusEnquire Finvasia

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Tradeplus Vs Finvasia Order Type Offered for NRI Account

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

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Tradeplus Vs Finvasia - NRI Account Advantages and Disadvantages

  Tradeplus Finvasia
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.
  • 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.
Cons
  • 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.
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.

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.

Promo / Offers

Free Equity Delivery Trade + Flat Rs 9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.

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