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iTradeOnline Vs Tradingo (Compare iTradeOnline and Tradingo)

iTradeOnline by Trustline Logo

About iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available... Know more about iTradeOnline by Trustline

Tradingo (Swastika Investmart Ltd) Logo

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... Know more about Tradingo (Swastika Investmart Ltd)

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iTradeOnline Vs Tradingo

Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 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.

  iTradeOnline Tradingo
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Year of Incorporation 2016
Number of Branches
Enquire iTradeOnlineOpen Tradingo Account

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iTradeOnline Vs Tradingo Charges & AMC

iTradeOnline trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0. iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and Tradingo Demat Account AMC Charges is Rs 250.

  iTradeOnline Tradingo
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Regular: Rs 0, Lifetime Free AMC: Rs 1000 Rs 0
Demat Account AMC Charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 Rs 250

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iTradeOnline Vs Tradingo Brokerage

iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower 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 iTradeOnline Pay Per Trade Tradingo Discount Broking Plan
Fixed Charges Rs 0 Nil
Equity Delivery Rs 20 per executed order or .01% whichever is lower Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.03% (whichever is lower)
Equity Options Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Currency Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.01% (whichever is lower)
Currency Options Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options Rs 100 per executed order
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

iTradeOnline Vs Tradingo Brokerage Plan 2

  iTradeOnline Tradingo
Account Type Pay Per Trade Premium Plan
Fixed Charges Rs 0
Equity Delivery Rs 20 per executed order or .01% whichever is lower 0.3% of trade value
Equity Intraday Rs 20 per executed order or .01% whichever is lower 0.03% of trade value
Equity Futures Rs 20 per executed order or .01% whichever is lower 0.03% of trade value
Equity Options Rs 20 per executed order or .01% whichever is lower Rs 50 per lot
Currency Futures Rs 20 per executed order or .01% whichever is lower 0.3% of trade value
Currency Options Rs 20 per executed order or .01% whichever is lower Rs 50 per lot
Commodity Futures Rs 20 per executed order or .01% whichever is lower 0.3% of trade value
Commodity Options Rs 100 per lot
Enquire iTradeOnlineOpen Tradingo Account

iTradeOnline Charges Vs Tradingo

Minimum Brokerage Rs 0 (No Minimum Brokerage) Rs 0
Other Charges Physical contact notes: Rs 20 Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 0 (Free) Additional Rs 20 per executed order

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iTradeOnline Vs Tradingo Transaction Charges

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

  iTradeOnline Tradingo
Equity Delivery NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures NSE Rs 190 per crore (0.0019%) NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options NSE Rs 5000 per crore (0.05%) NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) NSE Rs 160 per crore (0.0016%)
Currency Options NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 NSE Rs 6000 per crore (0.06%)
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Enquire iTradeOnlineOpen Tradingo Account

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iTradeOnline Vs Tradingo Leverage (Margin)

iTradeOnline 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.

  iTradeOnline 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)
Enquire iTradeOnlineOpen Tradingo Account

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Compare iTradeOnline and Tradingo Features

The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. Tradingo offers Tradingo, Justrade trading software.

  iTradeOnline Tradingo
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. Tradingo, Justrade
Intraday Square-off Time Equity: 3:15 PM, Commodity: 11:15 PM Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Referral Program
Enquire iTradeOnlineOpen Tradingo Account

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iTradeOnline Vs Tradingo Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  iTradeOnline Tradingo
  7 Customer Reviews    Rate iTradeOnline 6 Customer Reviews    Rate Tradingo
Fees 3.9 4.2
Brokerage 4.1 4.7
Trading Platform 3.9 3.5
Customer Service 3.7 3.8
Research Capabilities 1.0 2.0
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating iTradeOnline is rated 4.0 of 5 based on 7 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  iTradeOnline Enquire Tradingo Enquire
Contact Broker Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. 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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iTradeOnline Vs Tradingo Investment Options

  iTradeOnline Tradingo
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt Yes Yes
Other Investment Options Insurance, Wealth Management

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iTradeOnline Vs Tradingo Order Type Offered

  iTradeOnline Tradingo
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Enquire iTradeOnlineOpen Tradingo Account

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iTradeOnline Vs Tradingo Research Report

  iTradeOnline Tradingo
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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iTradeOnline Vs Tradingo Suitable For Investor Type

  iTradeOnline Tradingo
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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iTradeOnline Vs Tradingo - Pros and Cons

  iTradeOnline Tradingo
Pros
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
  • 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
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
  • 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

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 iTradeOnline representatives will contact you.

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 iTradeOnlineOpen Tradingo Account

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