Mirae Asset Sharekhan Vs Tradingo NRI Account Comparison

Mirae Asset Sharekhan Vs Tradingo

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

Find out Mirae Asset Sharekhan Vs Tradingo which is better NRI Trading Account. See Mirae Asset Sharekhan Vs Tradingo which is best NRI Demat Account.

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

 Mirae Asset SharekhanTradingo
 
 Mirae Asset Sharekhan LogoTradingo Logo
About the BrokerEstablished in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves...Know more about Mirae Asset SharekhanTradingo 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 TypeMirae Asset Sharekhan NRI 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.

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.

Mirae Asset Sharekhan Vs Tradingo Charges

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 Mirae Asset SharekhanTradingo
NRI Account Opening Fees₹2000Rs 300
NRI Account AMC₹3000Rs 0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 400 (Free for 1st year)Rs 250 +GST (From 2nd Year)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST

Mirae Asset Sharekhan Vs Tradingo NRI Account Brokerage Comparison

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Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI AccountTradingo NRI Standard Plan
Equity Delivery0.50%PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade
Equity Futures0.1% on first leg and 0.02% on second legRs 50 per executed order
Equity Options₹250 per contract noteRs 50 per executed order

Other Charges

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Contract Note Reporting ChargesNA
Other Brokerage ChargesPIS Acct AMC: ₹1000Demat 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%

Mirae Asset Sharekhan Vs Tradingo NRI Account Taxes/Fees

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 Mirae Asset SharekhanTradingo
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.

Mirae Asset Sharekhan Vs Tradingo NRI Account Margin

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 Mirae Asset Sharekhan 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.

Mirae Asset Sharekhan and Tradingo NRI Account Features

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 Mirae Asset SharekhanTradingo
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other FeaturesCall & Trade, Dedicated Relationship Manager, Branch Support

Mirae Asset Sharekhan Vs Tradingo NRI Account Review

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 Mirae Asset Sharekhan ReviewTradingo Review
 316 Customer Reviews    Rate Mirae Asset Sharekhan6 Customer Reviews    Rate Tradingo
FeesRated 3.0 starsRated 4.2 stars
BrokerageRated 2.8 starsRated 4.7 stars
Trading PlatformRated 3.7 starsRated 3.5 stars
Customer ServiceRated 3.3 starsRated 3.8 stars
Overall RatingRated 3.3 starsRated 4.0 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsTradingo is Rated 4.0 / 5 based on 6 customer reviews

Contact Broker / Request A Call Back

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 Mirae Asset Sharekhan EnquireMirae Asset Sharekhan 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.
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.

Mirae Asset Sharekhan Vs Tradingo NRI Investment Options

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 Mirae Asset SharekhanTradingo
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsPMS, Wealth Management

Mirae Asset Sharekhan Vs Tradingo NRI Customer Service

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 Mirae Asset SharekhanTradingo
Customer Care Number+91 022 6518500+91 9667657700,+91 9667658800
Customer Care Emailnridesk@miraeassetsharekhan.comhelpdesk@gotradingo.com

Mirae Asset Sharekhan Vs Tradingo Order Type Offered for NRI Account

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 Mirae Asset SharekhanTradingo
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo

Mirae Asset Sharekhan Vs Tradingo - NRI Account Advantages and Disadvantages

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 Mirae Asset SharekhanTradingo
Pros
  1. One of the largest stockbrokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs, and Bonds.
  5. Offers PMS services for wealth management.
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  • 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. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • 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

Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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

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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Side-by-Side Comparison of Broker

Mirae Asset Sharekhan Vs Tradingo NRI Account Comparison