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Stoxkart Vs Tradingo NRI Account Comparison

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

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

Our Stoxkart by SMC Global Securities Ltd comparison with Tradingo (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between Stoxkart and Tradingo NRI Account.

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Stoxkart Vs Tradingo

  Stoxkart Tradingo
 
  Stoxkart by SMC Global Securities Ltd Logo Tradingo (Swastika Investmart Ltd) Logo
About the Broker Stoxkart is an online discount stock broker in India. The Delhi based broker offers trading and investment services to both resident and NRIs. Stoxkart offers 2-in-1 accounts to NRIs which includes trading and a demat account linked to each other. It... Know more about Stoxkart by SMC Global Securities Ltd 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 NRI Standard Plan
Enquire StoxkartOpen Tradingo Account

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Stoxkart Vs Tradingo Charges

  Stoxkart Tradingo
NRI Account Opening Fees ₹590 Rs 300
NRI Account AMC ₹590 Rs 0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 300 Rs 250
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire StoxkartOpen Tradingo Account

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Stoxkart Vs Tradingo NRI Account Brokerage Comparison

Account Type Stoxkart Tradingo NRI Standard Plan
Equity Delivery ₹200 per executed order PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures ₹200 per executed order Rs 50 per executed order
Equity Options ₹200 per executed order Rs 50 per executed order
Enquire StoxkartOpen Tradingo Account

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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Stoxkart Vs Tradingo NRI Account Taxes/Fees

  Stoxkart 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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Stoxkart Vs Tradingo NRI Account Margin

  Stoxkart 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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Stoxkart and Tradingo NRI Account Features

  Stoxkart Tradingo
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No No
Other Features NRI Account for US and Canada based NRIs
Enquire StoxkartOpen Tradingo Account

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Stoxkart Vs Tradingo NRI Account Review

  Stoxkart Review Tradingo Review
  3 Customer Reviews    Rate Stoxkart 6 Customer Reviews    Rate Tradingo
Fees 3.3 4.2
Brokerage 4.7 4.7
Trading Platform 3.3 3.5
Customer Service 3.0 3.8
Overall Rating Rated 3.3 stars Rated 4.0 stars
Broker Rating Stoxkart is Rated 3.3 / 5 based on 3 customer reviews Tradingo is Rated 4.0 / 5 based on 6 customer reviews
Enquire StoxkartOpen Tradingo Account

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Contact Broker / Request A Call Back

  Stoxkart Enquire Tradingo Enquire
Contact Broker Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss. Open a Demat Account in 15 Minutes. 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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Stoxkart Vs Tradingo NRI Investment Options

  Stoxkart Tradingo
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options

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Stoxkart Vs Tradingo NRI Customer Service

  Stoxkart Tradingo
Customer Care Number +91 9667657700,+91 9667658800
Customer Care Email helpdesk@gotradingo.com
Enquire StoxkartOpen Tradingo Account

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Stoxkart Vs Tradingo Order Type Offered for NRI Account

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

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Stoxkart Vs Tradingo - NRI Account Advantages and Disadvantages

  Stoxkart Tradingo
Pros
  1. Good online trading platforms
  2. Charges fixed brokerage of ₹200 per order across segments
  3. Offers POs & Mutual Fund services to NRI customers.
  4. Tie-up with Axis, HDFC, Yes and IndusInd banks for PIS
  5. Services also available for US and Canada based NRIs. Many brokers don't offer services to US and Canada based NRIs due to extra compliance.
  • 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. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to the Stoxkart trading account before trading.
  • 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

Stoxkart comes across as a good choice for NRIs looking to invest in stock markets in India. The company offers good proprietary and 3rd party trading platforms and tools. It offers IPO and mutual fund investment services to meet the varied investment needs of NRIs. A simple flat-fee brokerage model of ₹200 per order makes it an attractive proposition for high-volume NRI traders who would have paid a lot more brokerage with a traditional stock broker.

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

No Profit. No Brokerage

Get free equity delivery trades and pay flat Rs 15 brokerage for Intraday only when you make profit To open an account with Stoxkart leave your contact information.

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 StoxkartOpen Tradingo Account

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