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SBI Securities Vs Tradingo NRI Account Comparison

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

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

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

SBI Securities Vs Tradingo

 SBI SecuritiesTradingo
 
SBI Securities ReviewBrokerageDemat AccountMobile AppAccount OpeningIPONRI AccountTrading SoftwareMutual FundIs it safe?API ReviewFAQs
Tradingo ReviewBrokerageDemat AccountMobile AppAccount OpeningIPONRI AccountTrading SoftwareMutual FundIs it safe?API ReviewFAQs
 SBI Securities LogoTradingo Logo
About the BrokerState 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 SBI Securities LtdTradingo 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

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.

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
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SBI Securities Vs Tradingo Charges

 SBI SecuritiesTradingo
NRI Account Opening Fees₹2500Rs 300
NRI Account AMC₹0Rs 0
NRI Demat Account Opening FeesRs 0Rs 0
NRI Demat Account AMCRs 0Rs 250 +GST (From 2nd Year)
PIS Account AMC₹900NA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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SBI Securities Vs Tradingo NRI Account Brokerage Comparison

Account TypeSBI Securities NRI AccountTradingo NRI Standard Plan
Equity Delivery0.75%PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity FuturesRs 50 per executed order
Equity OptionsRs 50 per executed order
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Other Charges

Contract Note Reporting Charges₹0NA
Other Brokerage ChargesDemat 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%
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SBI Securities Vs Tradingo NRI Account Taxes/Fees

 SBI SecuritiesTradingo
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.
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SBI Securities Vs Tradingo NRI Account Margin

 SBI Securities 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.

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SBI Securities and Tradingo NRI Account Features

 SBI SecuritiesTradingo
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
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SBI Securities Vs Tradingo NRI Account Review

 SBI Securities ReviewTradingo Review
 165 Customer Reviews    Rate SBI Securities6 Customer Reviews    Rate Tradingo
FeesRated 3.0 starsRated 4.2 stars
BrokerageRated 2.6 starsRated 4.7 stars
Trading PlatformRated 2.6 starsRated 3.5 stars
Customer ServiceRated 2.7 starsRated 3.8 stars
Overall RatingRated 2.5 starsRated 4.0 stars
Broker RatingSBI Securities is Rated 2.5 / 5 based on 165 customer reviewsTradingo is Rated 4.0 / 5 based on 6 customer reviews
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Contact Broker / Request A Call Back

 SBI Securities EnquireSBI 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.
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
*

SBI Securities Vs Tradingo NRI Investment Options

 SBI SecuritiesTradingo
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsDerivatives, FD
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SBI Securities Vs Tradingo NRI Customer Service

 SBI SecuritiesTradingo
Customer Care Number+91 22 6153 6900+91 9667657700,+91 9667658800
Customer Care Emailnri@sbicapsec.comhelpdesk@gotradingo.com
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SBI Securities Vs Tradingo Order Type Offered for NRI Account

 SBI SecuritiesTradingo
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)NoNo
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SBI Securities Vs Tradingo - NRI Account Advantages and Disadvantages

 SBI SecuritiesTradingo
Pros
  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.
  • 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. 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.
  • 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

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.

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

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

TradingoSpecial 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

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