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Tradingo Vs Religare NRI Account Comparison

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

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

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

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Tradingo Vs Religare

  Tradingo Religare
 
  Tradingo (Swastika Investmart Ltd) Logo Religare 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) 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
Account Type NRI Standard Plan NRI Account
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Tradingo Vs Religare Charges

  Tradingo Religare
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 400 from second year onward
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Tradingo AccountEnquire Religare

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Tradingo Vs Religare NRI Account Brokerage Comparison

Account Type Tradingo NRI Standard Plan Religare NRI Account
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
Open Tradingo AccountEnquire Religare

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Demat Account AMC - Rs 300 ODIN Diet: ₹999 per year
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 Religare NRI Account Taxes/Fees

  Tradingo Religare
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 Religare NRI Account Margin

  Tradingo Margin Religare 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 Religare NRI Account Features

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

  Tradingo Review Religare Review
  6 Customer Reviews    Rate Tradingo 77 Customer Reviews    Rate Religare
Fees 4.2 3.2
Brokerage 4.7 3.1
Trading Platform 3.5 3.0
Customer Service 3.8 2.9
Overall Rating Rated 4.0 stars Rated 2.9 stars
Broker Rating Tradingo is Rated 4.0 / 5 based on 6 customer reviews Religare is Rated 2.9 / 5 based on 77 customer reviews
Open Tradingo AccountEnquire Religare

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Contact Broker / Request A Call Back

  Tradingo Enquire Religare Enquire
Contact Broker Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer Get Free Trading + Demat Account for limited time. Get the offer
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Tradingo Vs Religare NRI Investment Options

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

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Tradingo Vs Religare NRI Customer Service

  Tradingo Religare
Customer Care Number +91 9667657700,+91 9667658800 0120 6130300
Customer Care Email helpdesk@gotradingo.com wecare@religareonline.com
Open Tradingo AccountEnquire Religare

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Tradingo Vs Religare Order Type Offered for NRI Account

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

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Tradingo Vs Religare - NRI Account Advantages and Disadvantages

  Tradingo Religare
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.
  • 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
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.
  • 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

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.

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.

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

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.

Open Tradingo AccountEnquire Religare

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