Kotak Neo Vs Tradingo NRI Account Comparison

Kotak Neo Vs Tradingo

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

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

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

 Kotak NeoTradingo
 
 Kotak Neo LogoTradingo Logo
About the BrokerKotak Neo is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak Neo NRI account (NRI 3-in-1 account) combine...Know more about Kotak NeoTradingo 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:

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

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.

Kotak Neo Vs Tradingo Charges

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 Kotak NeoTradingo
NRI Account Opening Fees₹3750Rs 300
NRI Account AMC₹0Rs 0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 600Rs 250 +GST (From 2nd Year)
PIS Account AMC₹1000NA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Kotak Neo Vs Tradingo NRI Account Brokerage Comparison

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Account TypeKotak Neo NRI AccountTradingo NRI Standard Plan
Equity Delivery1.00%PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures1.00%Rs 50 per executed order
Equity Options1.00%Rs 50 per executed order
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Other Charges

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Contract Note Reporting Charges₹0NA
Other Brokerage ChargesAverage Quarterly Balance: ₹10000Demat 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%

Kotak Neo Vs Tradingo NRI Account Taxes/Fees

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 Kotak NeoTradingo
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.

Kotak Neo Vs Tradingo NRI Account Margin

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 Kotak Neo 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.

Kotak Neo and Tradingo NRI Account Features

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 Kotak NeoTradingo
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
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Kotak Neo Vs Tradingo NRI Account Review

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 Kotak Neo ReviewTradingo Review
 202 Customer Reviews    Rate Kotak Neo6 Customer Reviews    Rate Tradingo
FeesRated 2.4 starsRated 4.2 stars
BrokerageRated 2.3 starsRated 4.7 stars
Trading PlatformRated 3.2 starsRated 3.5 stars
Customer ServiceRated 2.8 starsRated 3.8 stars
Overall RatingRated 2.4 starsRated 4.0 stars
Broker RatingKotak Neo is Rated 2.4 / 5 based on 202 customer reviewsTradingo is Rated 4.0 / 5 based on 6 customer reviews
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Contact Broker / Request A Call Back

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 Kotak Neo EnquireKotak Neo Enquire
Contact Broker

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

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.

Kotak Neo Vs Tradingo NRI Investment Options

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 Kotak NeoTradingo
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

Kotak Neo Vs Tradingo NRI Customer Service

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 Kotak NeoTradingo
Customer Care Number022 6689 6000, 022 6652 9191+91 9667657700,+91 9667658800
Customer Care Emailnricustomerservice@kotak.comhelpdesk@gotradingo.com
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Kotak Neo Vs Tradingo Order Type Offered for NRI Account

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 Kotak NeoTradingo
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo

Kotak Neo Vs Tradingo - NRI Account Advantages and Disadvantages

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 Kotak NeoTradingo
Pros
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
  • 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 brokerage charges are higher in comparison to discount stock broker like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
  • 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

Kotak Neo is a full-service broker. It offers convenient stock trading and investment to NRIs through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Neo brokerage charges are on the higher side. Kotak Neo has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

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

Kotak NeoSpecial Offer

Kotak Neo Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage – Rs 10 Intraday trades (Equity and F&O)
  • Flat Rs 10 per trade brokerage in F&O
  • Zero API charges with zero brokerage on API-routed trades
  • Margin Trading Facility (MTF) with interest starting from 0.041% per day

Interested in opening a trading account? Open Instant Account Now

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
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Compare Kotak Neo and Tradingo with other NRI Brokers

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Side-by-Side Comparison of Broker