About Tradingo
Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuri... 
About INDmoney
Founded in 2019, INDmoney Private Limited is India's "Super Finance App" that helps you manage, plan and grow your money and all in one place. With INDmoney, you can track your entire family's finances, set savings goals and invest in various options like Indian stocks, US stocks, mutual funds, ETFs, fixed deposits, IPOs and more.
INDmoney is registered with SEBI as an investment advisor. INDmone...
Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.
| Tradingo | INDmoney | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | BSE, NSE |
| Year of Incorporation | 2016 | 2019 |
| Number of Branches | 1 | |
| Open INDmoney Account |
Tradingo trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year) and INDmoney Demat Account AMC Charges is Rs 0.
| Tradingo | INDmoney | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 250 +GST (From 2nd Year) | Rs 0 |
Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower) whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.
| Account Type | Tradingo Discount Broking Plan | INDmoney Standard Plan |
|---|---|---|
| Fixed Charges | Nil | |
| Equity Delivery | Rs 20 per trade or 2.5% (whichever is lower) | 0.05% of order value or Rs 20, whichever is lower |
| Equity Intraday | Rs 20 per trade or 0.05% (whichever is lower) | 0.05% of order value or Rs 20, whichever is lower |
| Equity Futures | Rs 20 per trade or 0.05% (whichever is lower) | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per trade or 0.05% (whichever is lower) | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per trade or 0.05% (whichever is lower) | |
| Commodity Options | Rs 20 per executed order | |
| 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: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100. |
| Tradingo | INDmoney | |
|---|---|---|
| Account Type | Premium Plan | Standard Plan |
| Fixed Charges | Nil | |
| Equity Delivery | 0.3% of trade value | 0.05% of order value or Rs 20, whichever is lower |
| Equity Intraday | 0.03% of trade value | 0.05% of order value or Rs 20, whichever is lower |
| Equity Futures | 0.03% of trade value | Rs 20 per executed order |
| Equity Options | Rs 30 per lot | Rs 20 per executed order |
| Currency Futures | 0.3% of trade value | |
| Currency Options | Rs 30 per lot | |
| Commodity Futures | 0.3% of trade value | |
| Commodity Options | Rs 30 per lot | |
| Open INDmoney Account |
| Minimum Brokerage | Rs 0 | Rs 2 |
| Other Charges | Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day) | |
| Call & Trade Charges | Additional Rs 20 per executed order | Rs 500 |
| Open INDmoney Account |
Tradingo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Tradingo | INDmoney | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open INDmoney Account |
The trading platforms offered Tradingo include Tradingo, Justrade. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.
| Tradingo | INDmoney | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | | |
| Margin Trading Funding |  | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Tradingo, Justrade | INDmoney App, INDstocks App and INDmoney Web Platform |
| Intraday Square-off Time | Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open INDmoney Account |
Tradingo is rated of 5 based on 6 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.
| Tradingo | INDmoney | |
|---|---|---|
6 Customer Reviews  | 1 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities | | |
| Overall Rating | | |
| Broker Rating | Tradingo is Rated 4.0 / 5 based on 6 customer reviews | INDmoney is Rated 4.0 / 5 based on 1 customer reviews |
| Tradingo | INDmoney | |
|---|---|---|
| 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 in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100. |
| Tradingo | INDmoney | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Tradingo | INDmoney | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open INDmoney Account |
| Tradingo | INDmoney | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Tradingo | INDmoney | |
|---|---|---|
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| Reviews | Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers. Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost. | |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| INDmoney Special OfferFree stock trading and mutual funds Account
Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today. |
| Open INDmoney Account |
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