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Tradingo Vs Firstock NRI Account Comparison

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

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

Our Tradingo (Swastika Investmart Ltd) comparison with Firstock Broking Private Limited highlights the major differences between two brokers. Find the best between Tradingo and Firstock NRI Account.

Tradingo Vs Firstock

 TradingoFirstock
 
 Tradingo LogoFirstock Logo
About the BrokerTradingo 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)Firstock is a discount brokerage firm that offers Non-Resident Indians (NRIs) the ability to invest in the Indian stock market through a hybrid account opening process combining online and offline steps. NRIs can trade in equity delivery and derivati...Know more about Firstock Broking Private Limited
Account TypeNRI Standard PlanEquity (PIS)
Special Offer
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
Special Offer: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

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Tradingo Vs Firstock Charges

 TradingoFirstock
NRI Account Opening FeesRs 300
NRI Account AMCRs 0
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 250 +GST (From 2nd Year)Rs 0 (Free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Tradingo AccountOpen Firstock Account

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Tradingo Vs Firstock NRI Account Brokerage Comparison

Account TypeTradingo NRI Standard PlanFirstock Equity (PIS)
Equity DeliveryPIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade0.5% or Rs 200 per order, whichever is lower
Equity FuturesRs 50 per executed orderRs 100 per executed order
Equity OptionsRs 50 per executed orderRs 100 per executed order
Open Tradingo AccountOpen Firstock Account

Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesDemat Account AMC - Rs 300Equity (Non-PIS) - 0.5% or Rs 100 per order, whichever is lower
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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Tradingo Vs Firstock NRI Account Taxes/Fees

 TradingoFirstock
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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Tradingo Vs Firstock NRI Account Margin

 Tradingo MarginFirstock 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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Tradingo and Firstock NRI Account Features

 TradingoFirstock
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features
Open Tradingo AccountOpen Firstock Account

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Tradingo Vs Firstock NRI Account Review

 Tradingo ReviewFirstock Review
 6 Customer Reviews    Rate Tradingo1 Customer Reviews    Rate Firstock
FeesRated 4.2 starsRated 3.0 stars
BrokerageRated 4.7 starsRated 3.0 stars
Trading PlatformRated 3.5 starsRated 3.0 stars
Customer ServiceRated 3.8 starsRated 3.0 stars
Overall RatingRated 4.0 starsRated 3.0 stars
Broker RatingTradingo is Rated 4.0 / 5 based on 6 customer reviewsFirstock is Rated 3.0 / 5 based on 1 customer reviews
Open Tradingo AccountOpen Firstock Account

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Contact Broker / Request A Call Back

 Tradingo EnquireTradingo Enquire
Contact Broker
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
Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.
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Tradingo Vs Firstock NRI Investment Options

 TradingoFirstock
StocksYesYes
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment Options

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Tradingo Vs Firstock NRI Customer Service

 TradingoFirstock
Customer Care Number+91 9667657700,+91 9667658800
Customer Care Emailhelpdesk@gotradingo.com
Open Tradingo AccountOpen Firstock Account

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Tradingo Vs Firstock Order Type Offered for NRI Account

 TradingoFirstock
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)NoNo

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Tradingo Vs Firstock - NRI Account Advantages and Disadvantages

 TradingoFirstock
Pros
  • 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.
  • No RBI approval is needed if you choose the Non-PIS route.
  • Lower compliance and paperwork.
  • Futures & Options trading is permitted.
  • Competitive brokerage and clearing charges.
  • Fully digital initiation of the process.

Cons
  • 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.
  • Physical document submission and IPV are mandatory.
  • F&O trading is not available through NRE–PIS accounts.
  • A custodian account is required for derivatives.
Conclusion

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

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

FirstockSpecial Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

Open Tradingo AccountOpen Firstock Account