Tradingo is an Indore-based discount broker that specialises in stock, commodity, and currency trading. Tradingo offers India Stock Exchange customers who want to trade online with little assistance from a broker a transparent, faster, and low-cost brokerage service.
Tradingo was founded in 2016 and later merged with Swastika Investmart Ltd, a traditional stockbroker and financial services provider that has been in business since 1992.
Tradingo charges no commission on Equity Delivery trades and a flat Rs 20 commission on all other segments on the BSE, NSE, and MCX. Aside from the basic Discount broking plan, Tradingo also provides a Premium plan for an additional fee that allows investors to access daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits.
Tradingo also provides Online IPO, Mutual Funds, US Stocks, IPO Funding, Margin Funding, and Margin against Shares in addition to Broking services.
Tradingo has its own trading platform, Tradingo (web and mobile trading app), which provides its investors with a seamless trading experience. Tradingo also offers installable software called Justrade Pro for trading on a laptop or desktop computer.
Tradingo – Company Highlights
| Headquarters | Indore |
| Industry | Finance, Stock Exchange |
| Founders | Parth Nyati |
| Founded | 2016 |
| Registered client | 75221 |
| Website | Tradingo.com |
Tradingo Account Opening Charges
| Transaction | Charges |
| Account opening charges | Free |
| Amc charges | 250 |
Tradingo Brokerage Charges
| Segment | Brokerage Fee |
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Rs 20 per trade or 0.03% (whichever is lower) |
| Equity Futures | Rs 20 per trade or 0.03% (whichever is lower) |
| Equity Options | Rs 20 per executed order |
| Currency Futures | Rs 20 per trade or 0.01% (whichever is lower) |
| Currency Options | Rs 20 per executed order |
| Commodity Futures | Rs 20 per trade or 0.01% (whichever is lower) |
| Commodity Options | Rs 100 per executed order |
Tradingo Advantages & disadvantage
Tradingo Advantages
- Under the Discount brokerage plan, there is no brokerage on equity delivery trades.
- A flat maximum brokerage of Rs 20 per trade across all other segments.
- A straightforward and transparent pricing model.
- The ability to invest in US stocks in addition to equity, F&O, commodity, currency, IPO, and mutual funds.
- A broad range of value-added services such as margin funding, margin against shares, IPO funding, research reports, relationship managers, and so on.
- Branch assistance.
- The Premium Plan includes a personal relationship manager (RM).
- In the Premium Plan, you can get stock tips, research reports, and recommendations.
- Backed by Swastika Investmart Ltd, a traditional broker with more than two decades of securities experience.
Tradingo Disadvantages
- Does not provide stock tips, research reports, or recommendations as part of its discount brokerage plan.
- Call & Trade is available for an extra Rs 20 per executed order (under the Discount broking plan).
- Does not provide a 3-in-1 account.
- NRI customers are not eligible for discount brokerage.
- The discount brokerage plan does not include RM.
Tradingo Complaint
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
| NSE | 2022-23 | 75,221 | 83 | 0.11% |
| BSE | 2022-23 | 13,776 | 3 | 0.02% |
Additional information
| Offline no. brokerage / registered AP. | NA |
| Research & advisory services | Yes |
| Referral amount | 20% of the Brokerage |
| API charges | Free |
| Call & Trade charges | Rs. 50 per order |
