AxisDirect Vs Tradingo NRI Account Comparison

AxisDirect Vs Tradingo

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

Find out AxisDirect Vs Tradingo which is better NRI Trading Account. See AxisDirect Vs Tradingo which is best NRI Demat Account.

Our Axis Securities comparison with Tradingo (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between AxisDirect and Tradingo NRI Account.

Ā AxisDirectTradingo
Ā 
Ā AxisDirect LogoTradingo Logo
About the BrokerAxis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w...Know more about Axis SecuritiesTradingo 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...Know more about Tradingo (Swastika Investmart Ltd)
Account TypeNRI AccountNRI Standard Plan
Special Offer
Special Offer:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

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.

AxisDirect Vs Tradingo Charges

Expand
Ā AxisDirectTradingo
NRI Account Opening Fees₹2500Rs 300
NRI Account AMC₹0Rs 0
NRI Demat Account Opening FeesRs 0Rs 0
NRI Demat Account AMCRs 750 (free for 1st year)Rs 250 +GST (From 2nd Year)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open AxisDirect Account

AxisDirect Vs Tradingo NRI Account Brokerage Comparison

Expand
Account TypeAxisDirect NRI AccountTradingo NRI Standard Plan
Equity Delivery0.75%PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures0.05%Rs 50 per executed order
Equity OptionsIntraday: 1p per lot, Carry Forward: ₹10 per lotRs 50 per executed order
Open AxisDirect Account

Other Charges

Expand
Contract Note Reporting ChargesNA
Other Brokerage ChargesPIS Acct AMC: ₹1,500, Minimum Brokerage ₹50Demat Account AMC - Rs 300
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%

AxisDirect Vs Tradingo NRI Account Taxes/Fees

Expand
Ā AxisDirectTradingo
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 exercised 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 exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% 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.

AxisDirect Vs Tradingo NRI Account Margin

Expand
Ā AxisDirect MarginTradingo Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

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.

AxisDirect and Tradingo NRI Account Features

Expand
Ā AxisDirectTradingo
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
Open AxisDirect Account

AxisDirect Vs Tradingo NRI Account Review

Expand
Ā AxisDirect ReviewTradingo Review
Ā 89 Customer Reviews Ā Ā Ā Rate AxisDirect6 Customer Reviews Ā Ā Ā Rate Tradingo
FeesRated 2.0 starsRated 4.2 stars
BrokerageRated 1.8 starsRated 4.7 stars
Trading PlatformRated 2.5 starsRated 3.5 stars
Customer ServiceRated 2.1 starsRated 3.8 stars
Overall RatingRated 2.0 starsRated 4.0 stars
Broker RatingAxisDirect is Rated 2.0 / 5 based on 89 customer reviewsTradingo is Rated 4.0 / 5 based on 6 customer reviews
Open AxisDirect Account

Contact Broker / Request A Call Back

Expand
Ā AxisDirect EnquireAxisDirect Enquire
Contact Broker

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

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.

AxisDirect Vs Tradingo NRI Investment Options

*
Ā AxisDirectTradingo
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

AxisDirect Vs Tradingo NRI Customer Service

Expand
Ā AxisDirectTradingo
Customer Care Number+91 22 4257 0809+91 9667657700,+91 9667658800
Customer Care Emailhelpdesk@gotradingo.com
Open AxisDirect Account

AxisDirect Vs Tradingo Order Type Offered for NRI Account

Expand
Ā AxisDirectTradingo
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo

AxisDirect Vs Tradingo - NRI Account Advantages and Disadvantages

Expand
Ā AxisDirectTradingo
Pros
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
  • 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.
Cons
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
  • 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.
Conclusion

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

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.

Promo / Offers

AxisDirectSpecial Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

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
Open AxisDirect Account

Compare AxisDirect and Tradingo with other NRI Brokers

Compare AxisDirectCompare Tradingo
AxisDirect Vs 5paisaTradingo Vs 5paisa
AxisDirect Vs Aditya Birla MoneyTradingo Vs Aditya Birla Money
AxisDirect Vs Alice BlueTradingo Vs Alice Blue
AxisDirect Vs Anand RathiTradingo Vs Anand Rathi
AxisDirect Vs Angel OneTradingo Vs Angel One
AxisDirect Vs Choice BrokingTradingo Vs Choice Broking
AxisDirect Vs FirstockTradingo Vs Firstock
AxisDirect Vs FyersTradingo Vs Fyers
AxisDirect Vs GeojitTradingo Vs Geojit
AxisDirect Vs HDFC SecuritiesTradingo Vs HDFC Securities
AxisDirect Vs ICICIdirectTradingo Vs ICICIdirect
AxisDirect Vs Jainam BrokingTradingo Vs Jainam Broking
AxisDirect Vs Kotak SecuritiesTradingo Vs Kotak Securities
AxisDirect Vs Mirae Asset SharekhanTradingo Vs Mirae Asset Sharekhan
AxisDirect Vs Motilal OswalTradingo Vs Motilal Oswal
AxisDirect Vs ProstocksTradingo Vs Prostocks
AxisDirect Vs SBI SecuritiesTradingo Vs SBI Securities
AxisDirect Vs SMC GlobalTradingo Vs SMC Global
AxisDirect Vs Yes SecuritiesTradingo Vs Yes Securities
AxisDirect Vs ZerodhaTradingo Vs Zerodha

Side-by-Side Comparison of Broker

AxisDirect Vs Tradingo NRI Account Comparison