Compare 3 Brokers

TradePlusOnline Vs Fyers: Which one is better?

The brokerage of TradePlusOnline Max Max Rs 9 per trade while the brokerage of Fyers Max Rs 20 per trade. Both the brokers are Discount Brokers. TradePlusOnline is having overall lower rating compare to Fyers. TradePlusOnline is rated only 3.5 out of 5 where Fyers is rated 4 out of 5.

Here we present side-by-side comparison of TradePlusOnline vs Fyers 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 Fyers'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 TradePlusOnline vs Fyers on Service

  TradePlusOnline Compare
TradePlusOnline
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE, MCX
Broker Overview 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 Fyers (Focus Your Energy & Reform the Self) is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing.
Broker Enquiry Open an Online Trading Account with TradePlusOnline. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare TradePlusOnline vs Fyers on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare TradePlusOnline with Fyers
Charges TradePlusOnline Fyers
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 200 (First Year Free) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradePlusOnline vs Fyers on Plan Options

Plans are the most important feature you look when compare TradePlusOnline with Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradePlusOnline provide Multiple Plans where Fyers doesn't offer Monthlay Plans - TradePlusOnline provide Monthly Plans where Fyers doesn't offer

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

Account Opening

  TradePlusOnline Fyers
Account Opening Request
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Brokerage Charges

Compare TradePlusOnline vs Fyers on Brokerage Charges

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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare TradePlusOnline with Fyers
Brokerage Charges Compare TradePlusOnline Fyers
Plan Name Flat Fee Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Free Free
Equity Intraday 0.01% or Rs 9 whichever is lower 0.01% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 9 0.01% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 9 Flat Fee Rs 20
Currency Futures Flat Fee Rs 9 0.01% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 9 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 9 NA
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 24% interest PA No
Call & Trade Charges Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade Rs 20 Per Order
Brokerage Calculator Brokerage Calculator for TradePlusOnline Brokerage Calculator for Fyers
SPAN Margin Calculator SPAN Margin Calculator for TradePlusOnline SPAN Margin Calculator for Fyers
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Share Broker's Transaction Charges

Compare TradePlusOnline vs Fyers on Transaction Charges

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

Transaction Charges - Compare TradePlusOnline with Fyers
Transaction Charges Compare TradePlusOnline Fyers
Equity Delivery Rs 330 Per Cr Rs 325 Per Cr
Equity Intraday Rs 330 Per Cr Rs 325 Per Cr
Equity Futures Rs 350 Per Cr Rs 240 Per Cr
Equity Options Rs 7500 Per Cr Rs 5900 Per Cr
Currency Futures Rs 165 Per Cr Rs 175 Per Cr
Currency Options Rs 6000 Per Cr Rs 6500 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for tradeplus Complete Brokerage Plans for fyers
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Account Features

Compare TradePlusOnline vs Fyers on Account Features

Compare TradePlusOnline with Fyers 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - TradePlusOnline offers margin funding where Fyers doesn't offers margin funding. NRI Trading - TradePlusOnline offers NRI where Fyers doesn't offers NRI Trading.

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

Compare TradePlusOnline vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradePlusOnline and Fyers. 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 TradePlusOnline with Fyers
Trading Platform Compare TradePlusOnline Fyers
Desktop Trading Platform NSE NOW,INFINI TRADER Fyers One
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://infini.tradeplusonline.com/ http://webtrader.fyers.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Tradeplus Mobile Fyers Markets
Mobile Trading App Demo Tradeplus Mobile Demo Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod Tradeplus Mobile Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Tradeplus Mobile Download iOS Fyers Markets 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 TradePlusOnline Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for TradePlusOnline Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for TradePlusOnline Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for tradeplus Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare TradePlusOnline vs Fyers on User Rating

  TradePlusOnline Fyers
  27 Customer Reviews    Rate TradePlusOnline 6 Customer Reviews    Rate Fyers
Fees Ratings 4.3 3.5
Trading Brokerage Rating 4.8 4.0
Trading Platform Usability 3.9 4.3
Customer Service Ratings 3.9 4.2
Overall Ratings Rated 4.1 stars Rated 4.0 stars
Broker Rating TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews Fyers is Rated 4.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare TradePlusOnline vs Fyers on Investment Offerings

Compare TradePlusOnline with Fyers 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 - TradePlusOnline offers online mutual fund investment option where Fyers doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare TradePlusOnline vs Fyers on Order Types

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

Compare TradePlusOnline vs Fyers on Margin/Leverage

Comapre TradePlusOnline with Fyers 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 TradePlusOnline with Fyers
Margin Product Compare TradePlusOnline Fyers
Equity Delivery Margin TradePlusOnline vs Fyers - Equity Delivery Margin Up to 4x leverage on Equity Delivery with Margin Funding. No margin/ leverage for equity delivery.
Equity Intraday Margin TradePlusOnline vs Fyers - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 10x or 10% subject to Var and ELM.
Futures Margin TradePlusOnline vs Fyers - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin TradePlusOnline vs Fyers - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin TradePlusOnline vs Fyers - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin TradePlusOnline vs Fyers - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin TradePlusOnline vs Fyers - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin TradePlusOnline vs Fyers - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare TradePlusOnline vs Fyers on Customer Service

Compare TradePlusOnline with Fyers 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 TradePlusOnline with Fyers
Customer Service Compare TradePlusOnline Fyers
24/7 Customer Service TradePlusOnline vs Fyers - 24x7 customer support No No
Email Support TradePlusOnline vs Fyers - Email Support Yes Yes
Onine Live Chat TradePlusOnline vs Fyers - Onine Live Chat Yes No
Phone Support TradePlusOnline vs Fyers - Phone Support Yes Yes
Toll Free Number TradePlusOnline vs Fyers - Toll Free Number No No
Through Branches TradePlusOnline vs Fyers - Through Branches No No
Customer Care Number TradePlusOnline vs Fyers - Customer Care Number 044-49427576 / 044-28214171 080 4625 1111
Account Opening Process TradePlusOnline vs Fyers - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradePlusOnline vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradePlusOnline vs Fyers - Knowledge Center/Education http://support.tradeplusonline.com/support/solutions https://fyers.in/faqs/
Head Office Address TradePlusOnline vs Fyers - Head Office Address/Corporate Address Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website TradePlusOnline vs Fyers - Company Website https://tradeplusonline.com https://fyers.in/
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Tips/Research/Reports Published

Compare TradePlusOnline vs Fyers on Research Reports, Tips

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

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

Compare TradePlusOnline vs Fyers on Demat Account

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

Demat Charges - Compare TradePlusOnline with Fyers
  TradePlusOnline Fyers
DP Source NSDL CDSL
DP ID TradePlusOnline vs Fyers - DP ID 86500 Info Not Available
Demat Account Annual Maintenance Charges(AMC) ₹900 for Ten Years 400 - Individual, 500 - Non Individual
Advance Deposit NIL NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Min ₹15 and Max ₹200) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat ₹50 up to five certificate (₹5 per additional certificate) ( Min ₹50) 2 per certificate + Rs.35 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 request charges Rs 25
Pledge Creation ₹15 per transaction 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Creation Confirmation 0.02% of the value (Min ₹50) 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure 0.02% of the value (Min ₹50) 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Confirmation 0.02% of the value (Min ₹50) 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Invocation 0.02% of the value (Min ₹50) 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges ₹15 Rs 30 per transaction
Other Charges Nil Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

Compare TradePlusOnline vs Fyers on Special Offers and Promotion

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

Compare TradePlusOnline vs Fyers on Special Offers and Promotion
  TradePlusOnline Fyers
Pay In and Pay Out Options TradePlusOnline vs Fyers - 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 Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time TradePlusOnline vs Fyers - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges TradePlusOnline vs Fyers - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. 24+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • 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...

Detail Review...

Dislikes
  • Call n Trade charges are very high.
  • SMS charges with monthly p
  • INFINI – Trading platform is not free.

Detail Review...

  • DP charges on selling are higher compared to other discount brokers.
  • No NRI Trading Facility
  • No Mutual Fund Investment Services

Detail Review...

Special Offers/Promo Free Trading account opening for our visitors. Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about TradePlusOnline Enquire about Fyers

Last Updated on 2020-01-06T23:35:48+00:00







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