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Nuvama Vs Tradingo (Compare Nuvama and Tradingo)

About Nuvama
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm. The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options. Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best...

Nuvama Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo...

Tradingo Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Nuvama Vs Tradingo

Incorporated in 2002, Nuvama is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

	Nuvama	Tradingo
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX and NCDEX
Year of Incorporation	2002	2016
Number of Branches	237
	Open Nuvama Account	Open Tradingo Account

Nuvama Vs Tradingo Charges & AMC

Nuvama trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). Nuvama Demat Account AMC Charges is Rs 500 (1st Year Free) and Tradingo Demat Account AMC Charges is Rs 250.

	Nuvama	Tradingo
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 500 (1st Year Free)	Rs 250

Nuvama Vs Tradingo Brokerage

Nuvama brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type	Nuvama Nuvama Lite	Tradingo Discount Broking Plan
Fixed Charges	NA	Nil
Equity Delivery	Rs 10 per executed order	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures	Rs 10 per executed order	Rs 20 per trade or 0.03% (whichever is lower)
Equity Options	Rs 10 per executed order	Rs 20 per executed order
Currency Futures	Rs 10 per executed order	Rs 20 per trade or 0.01% (whichever is lower)
Currency Options	Rs 10 per executed order	Rs 20 per executed order
Commodity Futures		Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options		Rs 100 per executed order
Special Offer	Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.	Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Nuvama Vs Tradingo Brokerage Plan 2

	Nuvama	Tradingo
Account Type	Nuvama Elite	Premium Plan
Fixed Charges
Equity Delivery	0.30%	0.3% of trade value
Equity Intraday	0.03%	0.03% of trade value
Equity Futures	0.03%	0.03% of trade value
Equity Options	Rs 75 per lot	Rs 50 per lot
Currency Futures	0.02%	0.3% of trade value
Currency Options	Rs 20 per lot	Rs 50 per lot
Commodity Futures		0.3% of trade value
Commodity Options		Rs 100 per lot
	Open Nuvama Account	Open Tradingo Account

Nuvama Charges Vs Tradingo

Minimum Brokerage	0.03% Equity delivery, 0.01% Intra-day and Futures	Rs 0
Other Charges	Margin Funding: 0.08%/day, Research: Rs 50 per month,	Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges	Rs 20 per call	Additional Rs 20 per executed order

Nuvama Vs Tradingo Transaction Charges

Nuvama transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

	Nuvama	Tradingo
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per crore \| BSE Rs 275 per crore (each side
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per crore \| BSE Rs 275 per crore (each side
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 190 per Cr (0.0019%) (each side)	NSE Rs 325 per crore \| BSE Rs 50 per crore (each side)
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 7500 per crore \| BSE Rs 50 per crore (each side) (on premium)
Currency Futures	NSE Rs 115 per Cr (0.00115%) \| BSE Rs 115 per Cr (0.00115%)	NSE Rs 160 per crore (0.0016%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	NSE Rs 6000 per crore (0.06%)
Commodity		Non-Agri Rs 325 per crore \| Agri (NCDEX) Rs 600 per Cr
	Open Nuvama Account	Open Tradingo Account

Nuvama Vs Tradingo Leverage (Margin)

Nuvama margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Nuvama	Tradingo
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Nuvama Account	Open Tradingo Account

Compare Nuvama and Tradingo Features

The trading platforms offered Nuvama include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Tradingo offers Tradingo, Justrade trading software.

	Nuvama	Tradingo
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress	Tradingo, Justrade
Intraday Square-off Time	3:00 PM	Eq: 3:15PM \| Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open Nuvama Account	Open Tradingo Account

Nuvama Vs Tradingo Review

Nuvama is rated 2.9 of 5 based on 74 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

	Nuvama	Tradingo
	74 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Nuvama is rated 2.9 of 5 based on 74 customer reviews	Tradingo is rated 4.0 of 5 based on 6 customer reviews

Contact Broker / Request A Call Back

	Nuvama Enquire	Tradingo Enquire
Contact Broker	Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.	Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Nuvama Vs Tradingo Investment Options

	Nuvama	Tradingo
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Nuvama Vs Tradingo Order Type Offered

	Nuvama	Tradingo
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Nuvama Account	Open Tradingo Account

Nuvama Vs Tradingo Research Report

	Nuvama	Tradingo
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Nuvama Vs Tradingo Suitable For Investor Type

	Nuvama	Tradingo
Casual Investor
Active Investor
Trader

Nuvama Vs Tradingo - Pros and Cons

	Nuvama	Tradingo
Pros	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.	Discount stock broker. Offer margin funding and higher exposure. No brokerage charges for equity delivery trades. 3 different trading platforms: ODIN, NSE Now, JUSTRADE Online IPO and Mutual Funds available. Free trading software Branches in 80+ cities.
Cons	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.	Call & trade is changed Rs 20 extra. Doesn't offer 3-in-1 account Charge annual maintenance change on demat account.
Reviews		Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers. Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.
Promo / Offers	Nuvama Special Offer Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.	Tradingo Special Offer 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
	Open Nuvama Account	Open Tradingo Account

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