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.
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...
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...
Account Type
NRI Standard Plan
NRI Account
Special Offer
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the 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.
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.
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.
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the 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.
Tradingo Vs Religare Order Type Offered for NRI Account
Tradingo
Religare
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
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
Tradingo Special Offer
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
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds