Compare 3 Brokers

Sharekhan Vs TradePlusOnline: Which one is better?

The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of TradePlusOnline ranges between Max Rs 9. Sharekhan is a Full Service Broker where TradePlusOnline is a Discount Broker. Sharekhan is having overall higher rating compare to TradePlusOnline. Sharekhan is rated 4 out of 5 where TradePlusOnline is rated only 3.5 out of 5.

Here we present side-by-side comparison of Sharekhan vs TradePlusOnline share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Sharekhan vs TradePlusOnline'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.

Compare Sharekhan vs TradePlusOnline on Service

  Sharekhan Compare
Sharekhan
TradePlusOnline Compare
TradePlusOnline
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX, NSEL NSE, BSE, MCX
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan TradePlus with unique offerings like an investment in direct mutual funds, NRI services along with investment in equity, commodity and currency at a flat monthly brokerage, free equity investment and 3T guiding Principles - Transparency, Technology, ...Know more about TradePlusOnline
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradePlusOnline. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Sharekhan vs TradePlusOnline on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan with TradePlusOnline on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where TradePlusOnline charges Rs 200 for account opeing. Demat AMC charges - Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account where TradePlusOnline charges Rs 200 (First Year Free) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with TradePlusOnline
Charges Sharekhan TradePlusOnline
Trading Account Opening Fees Free Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 200 (First Year Free)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs TradePlusOnline on Plan Options

Plans are the most important feature you look when compare Sharekhan with TradePlusOnline. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - TradePlusOnline provides Monthly Plans where Sharekhan doesn't offer

Compare Sharekhan with TradePlusOnline on Plan Options
Plan Types Sharekhan TradePlusOnline
Multiple Plans Yes Yes
Monthly Plans No Yes
Yearly Plans No No
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Account Opening Request

Account Opening

  Sharekhan TradePlusOnline
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs TradePlusOnline on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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.

Brokerage Charges - Compare Sharekhan with TradePlusOnline
Brokerage Charges Compare Sharekhan TradePlusOnline
Plan Name Classic Trading Plan (Percentage Based) Flat Fee Plan
Equity Delivery 0.5% or 50 paisa Free
Equity Intraday 0.1% or 10 paisa 0.01% or Rs 9 whichever is lower
Equity Futures 0.1% or 10 paisa Flat Fee Rs 9
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 9
Currency Futures 0.1% or 10 paisa Flat Fee Rs 9
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 9
Commodity Trading 0.1% or 10 paisa Flat Fee Rs 9
Minimum Brokerage Rs 20 NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Free Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for TradePlusOnline
SPAN Margin Calculator SPAN Margin Calculator for Sharekhan SPAN Margin Calculator for TradePlusOnline
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Share Broker's Transaction Charges

Compare Sharekhan vs TradePlusOnline on Transaction Charges

Compare Sharekhan with TradePlusOnline on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan with TradePlusOnline
Transaction Charges Compare Sharekhan TradePlusOnline
Equity Delivery Rs 325 Per Cr Rs 330 Per Cr
Equity Intraday Rs 325 Per Cr Rs 330 Per Cr
Equity Futures Rs 190 Per Cr Rs 350 Per Cr
Equity Options Rs 5000 Per Cr Rs 7500 Per Cr
Currency Futures Rs 100 Per Cr Rs 165 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for tradeplus
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Account Features

Compare Sharekhan vs TradePlusOnline on Account Features

Compare Sharekhan with TradePlusOnline 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 - TradePlusOnline offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Sharekhan with TradePlusOnline
Account Features Compare Sharekhan TradePlusOnline
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Charting & Tech Tools -YES - INFINI POWER - MCX and Equities
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Trading Platform

Compare Sharekhan vs TradePlusOnline on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan and TradePlusOnline. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Sharekhan with TradePlusOnline
Trading Platform Compare Sharekhan TradePlusOnline
Desktop Trading Platform TradeTiger NSE NOW,INFINI TRADER
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/ https://infini.tradeplusonline.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan Tradeplus Mobile
Mobile Trading App Demo Sharekhan Demo Tradeplus Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod Tradeplus Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan Download iOS Tradeplus Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for TradePlusOnline
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for TradePlusOnline
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for tradeplus

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Broker Ratings by Users

Compare Sharekhan vs TradePlusOnline on User Rating

  Sharekhan TradePlusOnline
  177 Customer Reviews    Rate Sharekhan 26 Customer Reviews    Rate TradePlusOnline
Fees Ratings 3.2 4.3
Trading Brokerage Rating 3.1 4.8
Trading Platform Usability 3.9 3.9
Customer Service Ratings 3.5 3.9
Overall Ratings Rated 3.6 stars Rated 4.1 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 177 customer reviews TradePlusOnline is Rated 4.1 / 5 based on 26 customer reviews
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Investment Offerings

Compare Sharekhan vs TradePlusOnline on Investment Offerings

Compare Sharekhan with TradePlusOnline 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where TradePlusOnline doesn't offer

Investment Offerings - Compare Sharekhan with TradePlusOnline
Investment Offerings Compare Sharekhan TradePlusOnline
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Sharekhan vs TradePlusOnline on Order Types

Order Type - Compare Sharekhan with TradePlusOnline on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Sharekhan with TradePlusOnline
Order Type Compare Sharekhan TradePlusOnline
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare Sharekhan vs TradePlusOnline on Margin/Leverage

Comapre Sharekhan with TradePlusOnline on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Sharekhan with TradePlusOnline
Margin Product Compare Sharekhan TradePlusOnline
Equity Delivery Margin Sharekhan vs TradePlusOnline - Equity Delivery Margin Upto 5x via Margin Funding. Up to 4x leverage on Equity Delivery with Margin Funding.
Equity Intraday Margin Sharekhan vs TradePlusOnline - Equity Intraday Margin Upto 10x leverage for equity. Up to 10x leverage for equity.
Futures Margin Sharekhan vs TradePlusOnline - Futures Margin Upto 2x leverage for futures. Up to 2x leverage for equity futures intraday.
Options Margin Sharekhan vs TradePlusOnline - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 2x for Options Selling and no leverage on Options Buying.
Equity CO Margin Sharekhan vs TradePlusOnline - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. Up to 40x leverage for equity CO.
Futures CO Margin Sharekhan vs TradePlusOnline - Futures CO Margin Upto 15x margin/leverage in CO order for futures contracts. Up to 3.5x leverage on equity futures CO.
Options CO Margin Sharekhan vs TradePlusOnline - Options CO Margin Upto 15x margin/leverage in CO order for options contracts sell only. Info Not Available
Commodity Margin Sharekhan vs TradePlusOnline - Commodity Margin Info Not Available Up to 5x leverage on commodity futures.
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Customer Service Offered

Compare Sharekhan vs TradePlusOnline on Customer Service

Compare Sharekhan with TradePlusOnline on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Sharekhan with TradePlusOnline
Customer Service Compare Sharekhan TradePlusOnline
24/7 Customer Service Sharekhan vs TradePlusOnline - 24x7 customer support No No
Email Support Sharekhan vs TradePlusOnline - Email Support Yes Yes
Onine Live Chat Sharekhan vs TradePlusOnline - Onine Live Chat Yes Yes
Phone Support Sharekhan vs TradePlusOnline - Phone Support Yes Yes
Toll Free Number Sharekhan vs TradePlusOnline - Toll Free Number Yes No
Through Branches Sharekhan vs TradePlusOnline - Through Branches Yes No
Customer Care Number Sharekhan vs TradePlusOnline - Customer Care Number 1800227500 044-49427576 / 044-28214171
Account Opening Process Sharekhan vs TradePlusOnline - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs TradePlusOnline - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs TradePlusOnline - Knowledge Center/Education https://www.sharekhan.com/help/hello http://support.tradeplusonline.com/support/solutions
Head Office Address Sharekhan vs TradePlusOnline - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Website Sharekhan vs TradePlusOnline - Company Website https://www.sharekhan.com https://tradeplusonline.com
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Tips/Research/Reports Published

Compare Sharekhan vs TradePlusOnline on Research Reports, Tips

Compare Sharekhan with TradePlusOnline on research reports and tips provided by broker.

Research Reports - Compare Sharekhan with TradePlusOnline
  Sharekhan TradePlusOnline
Research Mutual Funds Sharekhan vs TradePlusOnline - Research Mutual Funds Yes No
Research Equity Reports Sharekhan vs TradePlusOnline - Research Equity Reports Yes No
Research ETF Sharekhan vs TradePlusOnline - Research ETF Yes No
Daily Market Report Sharekhan vs TradePlusOnline - Daily Market Report Yes No
Free Tips Sharekhan vs TradePlusOnline - Free Tips Yes No
Quarterly Result Analysis Sharekhan vs TradePlusOnline - Quarterly Results Yes No
News Alerts Sharekhan vs TradePlusOnline - Yes Yes
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Demat Account

Compare Sharekhan vs TradePlusOnline on Demat Account

Compare Sharekhan with TradePlusOnline on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with TradePlusOnline
  Sharekhan TradePlusOnline
DP Source CDSL NSDL
DP ID Sharekhan vs TradePlusOnline - DP ID 36000 86500
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹900 for Ten Years
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) NIL
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 0.02% of transaction value (Min ₹15 and Max ₹200)
Demat ₹5 per certificate (Min 50 per request) ₹50 up to five certificate (₹5 per additional certificate) ( Min ₹50)
Remat ₹50 per certificate or ₹50 for every hundred securities ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 request charges
Pledge Creation 0.03% (Min ₹100) ₹15 per transaction
Pledge Creation Confirmation Nil 0.02% of the value (Min ₹50)
Pledge Closure Nil 0.02% of the value (Min ₹50)
Pledge Closure Confirmation Nil 0.02% of the value (Min ₹50)
Pledge Invocation Nil 0.02% of the value (Min ₹50)
Failed Instruction Charges Nil ₹15
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs TradePlusOnline on Special Offers and Promotion

Compare Sharekhan with TradePlusOnline on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs TradePlusOnline on Special Offers and Promotion
  Sharekhan TradePlusOnline
Pay In and Pay Out Options Sharekhan vs TradePlusOnline - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Sharekhan vs TradePlusOnline - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Sharekhan vs TradePlusOnline - Bank Supported and Charges Info Not Available Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

Detail Review...

  • The lowest refundable unlimited trading plans @ Rs 99 per month by category - Equity Option, Currency & Commodity.
  • Specially designed Mutual Fund Investment Platform INFINI MF mobile app for Direct Mutual Fund Investment.
  • Free delivery Trading.
  • Margin Trade Funding available.
  • Intraday margin up to 65 times through CO and BO.
  • NRI Trading services.
  • eKYC facility and Instant Aadhar linked eKYC and online Account opening.
  • Investment option for IPOs, Bonds and Government Securities.
  • CO/BO Margin for commodity futures offered by broker.
  • Tradeplus Relationship Managers Service through Smart Trade Desk (STD).
  • Tradeplus Alert Management System (AMS).

Detail Review...

Dislikes
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.
  • Call n Trade charges are very high.
  • SMS charges with monthly p
  • INFINI – Trading platform is not free.

Detail Review...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Free Trading account opening for our visitors.
Enquiry Enquire about Sharekhan Enquire about TradePlusOnline

Last Updated on 2019-07-08T23:57:42+00:00







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