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Religare Vs Tradeplus NRI Account Comparison

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

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

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

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Religare Vs Tradeplus

  Religare Tradeplus
 
  Religare Logo Tradeplus (Navia Markets Ltd) Logo
About the Broker Religare Broking offers trading and investment services to NRIs. It offers NRI Trading and NRI Demat Accounts. This 2-in-1 account provides NRIs with access to BSE & NSE to trade across Equities, Equity Derivatives, IPOs, and Mutual Funds. Religareo... Know more about Religare 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)
Account Type NRI Account NRI Account
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Religare Vs Tradeplus Charges

  Religare Tradeplus
NRI Account Opening Fees ₹500
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs
NRI Demat Account Opening Fees Nil Rs 0
NRI Demat Account AMC Rs 400 from second year onward Rs 0
PIS Account AMC NA ₹1500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire ReligareEnquire Tradeplus

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Religare Vs Tradeplus NRI Account Brokerage Comparison

Account Type Religare NRI Account Tradeplus NRI Account
Equity Delivery 0.40% for NRE and 0.10% for NRO
Equity Futures ₹49 per executed trade
Equity Options ₹49 per executed trade
Enquire ReligareEnquire Tradeplus

Other Charges

Contract Note Reporting Charges NA PIS- ₹150 and Non-PIS- ₹200
Other Brokerage Charges ODIN Diet: ₹999 per year 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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Religare Vs Tradeplus NRI Account Taxes/Fees

  Religare Tradeplus
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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Religare Vs Tradeplus NRI Account Margin

  Religare Margin Tradeplus 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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Religare and Tradeplus NRI Account Features

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

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Religare Vs Tradeplus NRI Account Review

  Religare Review Tradeplus Review
  77 Customer Reviews    Rate Religare 36 Customer Reviews    Rate Tradeplus
Fees 3.2 3.5
Brokerage 3.1 4.1
Trading Platform 3.0 2.8
Customer Service 2.9 2.6
Overall Rating Rated 2.9 stars Rated 2.9 stars
Broker Rating Religare is Rated 2.9 / 5 based on 77 customer reviews Tradeplus is Rated 2.9 / 5 based on 36 customer reviews
Enquire ReligareEnquire Tradeplus

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Contact Broker / Request A Call Back

  Religare Enquire Tradeplus Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the offer
Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer
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Religare Vs Tradeplus NRI Investment Options

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

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Religare Vs Tradeplus NRI Customer Service

  Religare Tradeplus
Customer Care Number 0120 6130300 + 91 44 39189469 / 470
Customer Care Email wecare@religareonline.com nri@tradeplusonline.com
Enquire ReligareEnquire Tradeplus

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Religare Vs Tradeplus Order Type Offered for NRI Account

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

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Religare Vs Tradeplus - NRI Account Advantages and Disadvantages

  Religare Tradeplus
Pros
  • Dedicated NRI Invest team and relationship managers to all NRIs.
  • Free research, recommendation and trading tips to NRIs.
  • NRIs can hedge the portfolio risk using futures and options trading facility.
  • Offers Mutual Fund services to NRIs
  • 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.
Cons
  • Brokerage charges are higher in comparison to discount brokers like Zerodha, Tradejini , and Prostocks.
  • Religare doesn't offer automated trading to the investors.
  • Doesn't offer 3-in-1 accounts which means more paperwork for NRIs in opening bank accounts & PIS separately. Also, funds need to be transferred to the PIS enabled bank account before trading.
Conclusion

Religare Broking Ltd is a good choice for NRIs who wants trading assistance as well as access to research reports to gain market insights. It has a dedicated research team that publishes incisive research reports to keep you updated on the latest trends in the economy and markets. It also offers good trading platforms with useful features like multiple stock tracking, instant order execution, and real-time streaming of quotes.

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.

Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you.

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.

Enquire ReligareEnquire Tradeplus

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