The side-by-side comparison of Tradingo and Trustline NRI Account. Compare Tradingo Vs Trustline NRI Account brokerage charges, exposure margin, demat account and AMC. Read Trustline and Tradingo NRI Account reviews.
Find out Tradingo Vs Trustline which is better NRI Trading Account. See Tradingo Vs Trustline which is best NRI Demat Account.
Our Tradingo (Swastika Investmart Ltd) comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Tradingo and Trustline 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...
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...
Account Type
NRI Standard Plan
Special Offer
Special Offer: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer
Zerodha (Flat Rs 20 Per Trade)
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 Trustline NRI Account Margin
Tradingo 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.
Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on 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 Trustline Order Type Offered for NRI Account
Tradingo
Trustline
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Tradingo Vs Trustline - NRI Account Advantages and Disadvantages
Tradingo
Trustline
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.
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
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.
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
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.
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
Tradingo Special Offer
Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) 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