The side-by-side comparison of Choice Broking and Tradingo NRI Account. Compare Choice Broking Vs Tradingo NRI Account brokerage charges, exposure margin, demat account and AMC. Read Tradingo and Choice Broking NRI Account reviews.
Find out Choice Broking Vs Tradingo which is better NRI Trading Account. See Choice Broking Vs Tradingo which is best NRI Demat Account.
Our Choice Equity Broking Private Limited comparison with Tradingo (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between Choice Broking and Tradingo NRI Account.
| Choice Broking | Tradingo | |
|---|---|---|
 |  | |
| About the Broker | Choice Broking is a full-service broker offering online trading and advisory services to NRIs (except for those residing in the USA and Canada). It offers 2-in-1 accounts, combining Demat and trading accounts, to NRIs. The 2-in-1 account enables NRI ... | Tradingo 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... |
| Account Type | NRI Trading | NRI 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. |
| Choice Broking | Tradingo | |
|---|---|---|
| NRI Account Opening Fees | ₹0 | Rs 300 |
| NRI Account AMC | ₹0 | Rs 0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | Rs 200 or as per plan. (1st year AMC free) | Rs 250 +GST (From 2nd Year) |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | Choice Broking NRI Trading | Tradingo NRI Standard Plan |
|---|---|---|
| Equity Delivery | 0.50% | PIS Acct: Rs 100/Trade | Non-PIS: Rs 500/trade |
| Equity Futures | 0.03% | Rs 50 per executed order |
| Equity Options | ₹100 per lot | Rs 50 per executed order |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | Demat Account AMC - ₹200 per year | Demat 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% |
| Choice Broking | Tradingo | |
|---|---|---|
| Securities Transaction Tax (STT) |
|
|
| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% 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. |
| Choice Broking Margin | Tradingo Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
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. | ||
| Choice Broking | Tradingo | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips |  | |
| Other Features | ||
| Choice Broking Review | Tradingo Review | |
|---|---|---|
21 Customer Reviews  | 6 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Overall Rating | |  |
| Broker Rating | Choice Broking is Rated 2.8 / 5 based on 21 customer reviews | Tradingo is Rated 4.0 / 5 based on 6 customer reviews |
| Choice Broking Enquire | Choice Broking 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. |
| Choice Broking | Tradingo | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Choice Broking | Tradingo | |
|---|---|---|
| Customer Care Number | 022-67079903, 9819545987 | +91 9667657700,+91 9667658800 |
| Customer Care Email | nri@choiceindia.com | helpdesk@gotradingo.com |
| Choice Broking | Tradingo | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Choice Broking | Tradingo | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
Conclusion | Choice Broking is a SEBI registered full-service broker offering trading and advisory services with a 2-in-1 account facility to the NRIs. The company offers online trading platforms to NRI for stock markets and mutual fund investments. Being a full-service broker, the brokerage charges are slightly on the higher side making it a costly broker for the NRIs. The company has a dedicated research team that provides insights on the economy and the markets along with a wide range of research reports to its clients based on its fundamental and technical analyses. | 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
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
Expand all