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Tradeplus Vs Trustline NRI Account Comparison

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

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

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

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Tradeplus Vs Trustline

  Tradeplus Trustline
 
  Tradeplus (Navia Markets Ltd) Logo Trustline Securities Ltd Logo
About the Broker 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) Trustline Securities is a full-service broker offering trading and investment services in equity, F&O, mutual fund, FDs, and bonds to both resident and non-resident Indian investors. The broker offers customized investment solutions across wealth man... Know more about Trustline Securities Ltd
Account Type NRI Account
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Tradeplus Vs Trustline Charges

  Tradeplus Trustline
NRI Account Opening Fees ₹500 ₹0
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs ₹1000 + GST
NRI Demat Account Opening Fees Rs 0 Regular: Rs 0, Lifetime Free AMC: Rs 1000
NRI Demat Account AMC Rs 0 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
PIS Account AMC ₹1500 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradeplus Vs Trustline NRI Account Brokerage Comparison

Account Type Tradeplus NRI Account Trustline
Equity Delivery 0.40% for NRE and 0.10% for NRO 0.03 (3 paise)
Equity Futures ₹49 per executed trade 0.30 (30 paise)
Equity Options ₹49 per executed trade ₹75 per lot
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Other Charges

Contract Note Reporting Charges PIS- ₹150 and Non-PIS- ₹200 ₹0
Other Brokerage Charges 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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Tradeplus Vs Trustline NRI Account Taxes/Fees

  Tradeplus Trustline
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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Tradeplus Vs Trustline NRI Account Margin

  Tradeplus Margin Trustline 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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Tradeplus and Trustline NRI Account Features

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

  Tradeplus Review Trustline Review
  36 Customer Reviews    Rate Tradeplus 2 Customer Reviews    Rate Trustline
Fees 3.5 4.0
Brokerage 4.1 3.5
Trading Platform 2.8 4.5
Customer Service 2.6 4.5
Overall Rating Rated 2.9 stars Rated 4.5 stars
Broker Rating Tradeplus is Rated 2.9 / 5 based on 36 customer reviews Trustline is Rated 4.5 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Tradeplus Enquire Trustline Enquire
Contact Broker Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer
Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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Tradeplus Vs Trustline NRI Investment Options

  Tradeplus Trustline
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options IPO, ETFs, Bonds

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Tradeplus Vs Trustline NRI Customer Service

  Tradeplus Trustline
Customer Care Number + 91 44 39189469 / 470 (0120) 4613-888
Customer Care Email nri@tradeplusonline.com helpdesk@trustline.in
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Tradeplus Vs Trustline Order Type Offered for NRI Account

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

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Tradeplus Vs Trustline - NRI Account Advantages and Disadvantages

  Tradeplus Trustline
Pros
  • 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.
  • Offers web and mobile app-based NRI trading and investment platform.
  • Charges lower brokerage for investing in equity and equity derivatives.
  • Doesn't have a minimum brokerage charge which is good for small investors.
  • Offers research-based fundamental and technical analysis which helps in taking a better investment decision.
  • Allows US and Canada based NRIs to trade and invest in the stock market through Trustline trading forms.
  • Trustline works as a clearing and settlement member which reduces the overall cost for investors.
  • Facilitates IPO bidding for resident and non-resident Indian investors.
Cons
  • Doesn't offer a 3-in-1 account which means NRIs cannot open all the accounts at a single platform. It also means NRIs have to first transfer funds to PIS account before placing orders.
  • Doesn't offer Bracket Order facility.
  • Doesn't offer AMO (After Market Order) and GTC (Good' Till Cancelled) orders for investors.
  • Allows only Axis bank to open NRI bank account.
Conclusion

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.

Trustline Securities is a good choice for both casual and frequent traders. The full-service broker offers depository services and research tips for NRIs. It also allows US and Canada based NRIs after filling FATCA and FEMA declaration form. The brokerage charges are quite low as compared to other full-service brokers in India. The broker also offers good web and mobile trading platforms in addition to a dedicated mobile app for mutual fund investments. Call n Trade facility and IPO application services are other features that make Trustline a good choice as an NRI stockbroker. The only major disadvantage with the broker is that it only allows Axis Bank accounts to be linked with its trading account. So, if you have Axis NRI bank accounts then its an excellent choice else you have to transfer your bank accounts to trade with Trustline.

Promo / Offers

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.

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

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

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