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Tradeplus Vs SBI Securities NRI Account Comparison

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

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

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

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Tradeplus Vs SBI Securities

  Tradeplus SBI Securities
 
  Tradeplus (Navia Markets Ltd) Logo SBICAP 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) State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... Know more about SBICAP Securities Ltd
Account Type NRI Account NRI Account
Special 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.

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.


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Tradeplus Vs SBI Securities Charges

  Tradeplus SBI Securities
NRI Account Opening Fees ₹500 ₹2500
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 0 Rs 350
PIS Account AMC ₹1500 ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Tradeplus Vs SBI Securities NRI Account Brokerage Comparison

Account Type Tradeplus NRI Account SBI Securities NRI Account
Equity Delivery 0.40% for NRE and 0.10% for NRO 0.75%
Equity Futures ₹49 per executed trade
Equity Options ₹49 per executed trade
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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 SBI Securities NRI Account Taxes/Fees

  Tradeplus SBI Securities
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 SBI Securities NRI Account Margin

  Tradeplus Margin SBI Securities 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 SBI Securities NRI Account Features

  Tradeplus SBI Securities
3-in-1 Account No Yes
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 SBI Securities NRI Account Review

  Tradeplus Review SBI Securities Review
  37 Customer Reviews    Rate Tradeplus 159 Customer Reviews    Rate SBI Securities
Fees 3.4 3.1
Brokerage 4.1 2.7
Trading Platform 2.8 2.6
Customer Service 2.6 2.8
Overall Rating Rated 2.9 stars Rated 2.5 stars
Broker Rating Tradeplus is Rated 2.9 / 5 based on 37 customer reviews SBI Securities is Rated 2.5 / 5 based on 159 customer reviews
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Contact Broker / Request A Call Back

  Tradeplus Enquire SBI Securities Enquire
Contact Broker 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. 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.
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Tradeplus Vs SBI Securities NRI Investment Options

  Tradeplus SBI Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options IPO, ETFs, Bonds Derivatives, FD

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Tradeplus Vs SBI Securities NRI Customer Service

  Tradeplus SBI Securities
Customer Care Number + 91 44 39189469 / 470 +91 22 6153 6900
Customer Care Email nri@tradeplusonline.com nri@sbicapsec.com
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Tradeplus Vs SBI Securities Order Type Offered for NRI Account

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

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Tradeplus Vs SBI Securities - NRI Account Advantages and Disadvantages

  Tradeplus SBI Securities
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.
  1. The largest bank in India with the highest number of branches.
  2. Offer 3 in 1 account for convenient online trading
  3. Free expert recommendations on trading & investments
  4. Assistance from Relationship Managers
  5. SBI securities NRI opening fees are lowest among full-service brokers.
  6. Mutual fund services are available to NRIs who don't have a trading account.
Cons
  1. Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
  2. The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
  3. Doesn't offer Good-till canceled (GTC) order.
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.

SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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