FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of TradePlusOnline Max Max Rs 9 per trade while the brokerage of Nuvama Wealth Max Rs 10 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for Nuvama Wealth is 1,74,590 where number of active customer for TradePlusOnline is 10,804. Nuvama Wealth is serving more customer compare to TradePlusOnline.
Here we present side-by-side comparison of TradePlusOnline vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared TradePlusOnline vs Nuvama Wealth's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of TradePlusOnline vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared TradePlusOnline vs Nuvama Wealth's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
Comparison of TradePlusOnline with Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - TradePlusOnline offer Free AMC for Demat account where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
Charges | TradePlusOnline | Nuvama Wealth |
---|---|---|
Trading Account Opening Fees | Free | Free |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Free | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] |
Provide DP Service |
Plans are the most important feature you look when compare TradePlusOnline with Nuvama Wealth. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - TradePlusOnline provide Monthly Plans where Nuvama Wealth doesn't offer
Plan Types | TradePlusOnline | Nuvama Wealth |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Nuvama Wealth | |
---|---|---|
Account Opening Request |
TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.
Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
Brokerage Charges Compare | TradePlusOnline | Nuvama Wealth |
---|---|---|
Plan Name | Smart Flat Brokerage Plan | Nuvama Lite |
Equity Delivery | Free | Flat Rs. 10 per executed order |
Equity Intraday | 0.05% or Rs 9 whichever is lower | Flat Rs. 10 per executed order |
Equity Futures | Flat Fee Rs 9 | Flat Rs. 10 per executed order |
Equity Options | Flat Fee Rs 9 | Flat Rs. 10 per executed order |
Currency Futures | Flat Fee Rs 9 | Flat Rs. 10 per executed order |
Currency Options | Flat Fee Rs 9 | Flat Rs. 10 per executed order |
Commodity Trading | Flat Fee Rs 9 | 0.01% |
Minimum Brokerage | NIL | NIL |
Hidden Charges | No | Info Not Available |
Funding | Yes - 24% interest PA | Yes - 24% interest PA |
Call & Trade Charges | Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade | Rs 20 per call |
Auto Square off Charges | Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade | Rs 20 |
Brokerage Calculator | Brokerage Calculator for TradePlusOnline | Brokerage Calculator for Nuvama Wealth |
Compare TradePlusOnline with Nuvama Wealth on transaction charges and PCM fee by segment.
Transaction Charges Compare | TradePlusOnline | Nuvama Wealth |
---|---|---|
Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
Commodity | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for tradeplus | Complete Brokerage Plans for nuvama-wealth |
Compare TradePlusOnline with Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.
Account Features Compare | TradePlusOnline | Nuvama Wealth |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | Charting & Tech Tools -YES - INFINI POWER - MCX and Equities | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w TradePlusOnline and Nuvama Wealth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
Trading Platform Compare | TradePlusOnline | Nuvama Wealth |
---|---|---|
Desktop Trading Platform | Rocketplus | Xtreme Trader |
Desktop Demo | Desktop Demo | Desktop Demo |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://infini.tradeplusonline.com/ | https://tlounge.edelweiss.in/Login |
Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | RocketPlus Mobile Trading App | Nuvama Mobile Trader |
Mobile Trading App Demo | RocketPlus Mobile Trading App Demo | Nuvama Mobile Trader Demo |
Android Mobile App | ||
Android App Download | Andriod RocketPlus Mobile Trading App Download | Andriod Nuvama Mobile Trader Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS RocketPlus Mobile Trading App Download | iOS Nuvama Mobile Trader Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline | Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth |
Futures Brokerage Calculator | Futures Brokerage Calculator for TradePlusOnline | Futures Brokerage Calculator for Nuvama Wealth |
Options Brokerage Calculator | Options Brokerage Calculator for TradePlusOnline | Options Brokerage Calculator for Nuvama Wealth |
Detail | Detail on Trading Platforms for tradeplus | Detail on Trading Platforms for nuvama-wealth |
Compare TradePlusOnline with Nuvama Wealth on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Nuvama Wealth provides PMS Service where TradePlusOnline doesn't offer
Investment Offerings Compare | TradePlusOnline | Nuvama Wealth |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare TradePlusOnline with Nuvama Wealth on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - TradePlusOnline provide Bracket Orders (BO) where Nuvama Wealth doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- TradePlusOnline offers Good Till Cancelled (GTC) orders where Nuvama Wealth doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | TradePlusOnline | Nuvama Wealth |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare TradePlusOnline with Nuvama Wealth on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
Customer Service Compare | TradePlusOnline | Nuvama Wealth |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 044-49427500 / 080 37017382 | 1800 102 3335 |
Account Opening Process | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | http://support.tradeplusonline.com/support/solutions | https://www.nuvamawealth.com/investology |
Head Office Address | Tradeplus Online, Ganga Griha 4th & 5 th Floor, No.9 (old No. 6D) Nungambakkam High Road Nungambakkam Chennai - 600 034 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Website | https://tradeplusonline.com | https://www.nuvamawealth.com/ |
Compare TradePlusOnline with Nuvama Wealth on research reports and tips provided by the broker.
Compare TradePlusOnline with Nuvama Wealth on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Nuvama Wealth is Free (₹1500 one time charges) where for TradePlusOnline is A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients.. Nuvama Wealth is a better choice in terms of Demat AMC compare to TradePlusOnline.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for TradePlusOnline is Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction. where for Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
Compare TradePlusOnline with Nuvama Wealth on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
TradePlusOnline | Nuvama Wealth | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque. Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader. Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Upto 24 Hrs except Bank Holidays. | Upto 24 Hrs except Bank Holidays. |
Bank Supported and Charges | Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. | Info Not Available |
Bank Detail | NAVIA MARKETS LIMITED, Account Number:ZNACOMTPXXXXXXXX Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI Account Type: Current Account IFSC Code: INDB0000007 |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
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Last Updated on 2023-09-08T04:18:52+00:00