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Tradeplus Vs Geojit NRI Account Comparison

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

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

Our Tradeplus (Navia Markets Ltd) comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between Tradeplus and Geojit NRI Account.

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Tradeplus Vs Geojit

  Tradeplus Geojit
 
  Tradeplus (Navia Markets Ltd) Logo Geojit BNP Paribas 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) Geojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ... Know more about Geojit BNP Paribas
Account Type 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 Geojit Charges

  Tradeplus Geojit
NRI Account Opening Fees ₹500
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 0 Rs 400 per year
PIS Account AMC ₹1500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradeplus Vs Geojit NRI Account Brokerage Comparison

Account Type Tradeplus NRI Account Geojit
Equity Delivery 0.40% for NRE and 0.10% for NRO
Equity Futures ₹49 per executed trade
Equity Options ₹49 per executed trade
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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
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 Geojit NRI Account Taxes/Fees

  Tradeplus Geojit
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 Geojit NRI Account Margin

  Tradeplus Margin Geojit 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 Geojit NRI Account Features

  Tradeplus Geojit
3-in-1 Account No No
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 Geojit NRI Account Review

  Tradeplus Review Geojit Review
  37 Customer Reviews    Rate Tradeplus 108 Customer Reviews    Rate Geojit
Fees 3.4 3.5
Brokerage 4.1 3.2
Trading Platform 2.8 4.0
Customer Service 2.6 3.7
Overall Rating Rated 2.9 stars Rated 3.6 stars
Broker Rating Tradeplus is Rated 2.9 / 5 based on 37 customer reviews Geojit is Rated 3.6 / 5 based on 108 customer reviews
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Contact Broker / Request A Call Back

  Tradeplus Enquire Geojit 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 Geojit NRI Investment Options

  Tradeplus Geojit
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 Geojit NRI Customer Service

  Tradeplus Geojit
Customer Care Number + 91 44 39189469 / 470 +91 0484 3911777
Customer Care Email nri@tradeplusonline.com customercare@geojit.com
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Tradeplus Vs Geojit Order Type Offered for NRI Account

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

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Tradeplus Vs Geojit - NRI Account Advantages and Disadvantages

  Tradeplus Geojit
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.
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
Cons
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
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.

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

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
Open Tradeplus Account

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