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Tradingo Vs Geojit NRI Account Comparison

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

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

Our Tradingo (Swastika Investmart Ltd) comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between Tradingo and Geojit NRI Account.

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Tradingo Vs Geojit

  Tradingo Geojit
 
  Tradingo (Swastika Investmart Ltd) Logo Geojit BNP Paribas Logo
About the Broker Tradingo is an online broker offering stock market investment and trading services to the resident as well as NRI investors. Tradingo is a part of Swastika Investmart Ltd., a traditional full-service broker with over 29 years of stockbroking experien... Know more about Tradingo (Swastika Investmart 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 Standard Plan
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Tradingo Vs Geojit Charges

  Tradingo Geojit
NRI Account Opening Fees Rs 300
NRI Account AMC Rs 0
NRI Demat Account Opening Fees Rs 0 NIL
NRI Demat Account AMC Rs 250 Rs 700
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradingo Vs Geojit NRI Account Brokerage Comparison

Account Type Tradingo NRI Standard Plan Geojit
Equity Delivery PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures Rs 50 per executed order
Equity Options Rs 50 per executed order
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges 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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Tradingo Vs Geojit NRI Account Taxes/Fees

  Tradingo 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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Tradingo Vs Geojit NRI Account Margin

  Tradingo 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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Tradingo and Geojit NRI Account Features

  Tradingo Geojit
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Tradingo Vs Geojit NRI Account Review

  Tradingo Review Geojit Review
  6 Customer Reviews    Rate Tradingo 102 Customer Reviews    Rate Geojit
Fees 4.2 3.6
Brokerage 4.7 3.3
Trading Platform 3.5 4.0
Customer Service 3.8 3.8
Overall Rating Rated 4.0 stars Rated 3.7 stars
Broker Rating Tradingo is Rated 4.0 / 5 based on 6 customer reviews Geojit is Rated 3.7 / 5 based on 102 customer reviews
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Contact Broker / Request A Call Back

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

  Tradingo Geojit
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Tradingo Vs Geojit NRI Customer Service

  Tradingo Geojit
Customer Care Number +91 9667657700,+91 9667658800 +91 0484 3911777
Customer Care Email helpdesk@gotradingo.com customercare@geojit.com
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Tradingo Vs Geojit Order Type Offered for NRI Account

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

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Tradingo Vs Geojit - NRI Account Advantages and Disadvantages

  Tradingo Geojit
Pros
  • Simple brokerage model.
  • Allows Equity Stocks investment using a non-PIS account.
  • Allows linking the trading account with any NRI bank account opened with a designated bank in India.
  • Offers to trade via mobile app, website, or trading terminal.
  • 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
  • Only offers a 2-in-1 account which increases the paperwork to open separate NRI bank account with other banks.
  • Higher Brokerage charges for non-PIS account.
  • Clients need to pay to avail of research services.
  • 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

Tradingo is a discount broker that offers 2-in-1 account services to NRI at ultra-low-cost brokerage charges. You can link or open an NRI bank account with any designated bank of your choice. Tradingo also offers advanced trading platforms to NRI to trade via mobile, web, or desktop software.

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

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

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