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Sharekhan Vs Tradingo NRI Account Comparison

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

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

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

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Sharekhan Vs Tradingo

  Sharekhan Tradingo
 
  Sharekhan Logo Tradingo (Swastika Investmart Ltd) Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan 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)
Account Type Sharekhan NRI Account NRI Standard Plan
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Sharekhan Vs Tradingo Charges

  Sharekhan Tradingo
NRI Account Opening Fees ₹2000 Rs 300
NRI Account AMC ₹3000 Rs 0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 400 (Free for 1st year) Rs 250
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire SharekhanOpen Tradingo Account

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Sharekhan Vs Tradingo NRI Account Brokerage Comparison

Account Type Sharekhan Sharekhan NRI Account Tradingo NRI Standard Plan
Equity Delivery 0.50% PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures 0.1% on first leg and 0.02% on second leg Rs 50 per executed order
Equity Options ₹250 per contract note Rs 50 per executed order
Enquire SharekhanOpen Tradingo Account

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1000 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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Sharekhan Vs Tradingo NRI Account Taxes/Fees

  Sharekhan Tradingo
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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Sharekhan Vs Tradingo NRI Account Margin

  Sharekhan Margin Tradingo 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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Sharekhan and Tradingo NRI Account Features

  Sharekhan Tradingo
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
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Sharekhan Vs Tradingo NRI Account Review

  Sharekhan Review Tradingo Review
  305 Customer Reviews    Rate Sharekhan 6 Customer Reviews    Rate Tradingo
Fees 3.0 4.2
Brokerage 2.8 4.7
Trading Platform 3.7 3.5
Customer Service 3.3 3.8
Overall Rating Rated 3.3 stars Rated 4.0 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 305 customer reviews Tradingo is Rated 4.0 / 5 based on 6 customer reviews
Enquire SharekhanOpen Tradingo Account

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Contact Broker / Request A Call Back

  Sharekhan Enquire Tradingo Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer
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Sharekhan Vs Tradingo NRI Investment Options

  Sharekhan Tradingo
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

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Sharekhan Vs Tradingo NRI Customer Service

  Sharekhan Tradingo
Customer Care Number +91 022 6518500 +91 9667657700,+91 9667658800
Customer Care Email nridesk@sharekhan.com helpdesk@gotradingo.com
Enquire SharekhanOpen Tradingo Account

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Sharekhan Vs Tradingo Order Type Offered for NRI Account

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

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Sharekhan Vs Tradingo - NRI Account Advantages and Disadvantages

  Sharekhan Tradingo
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  • 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.
Cons
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • 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.
Conclusion

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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.

Promo / Offers

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

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

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

Enquire SharekhanOpen Tradingo Account

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