Compare 3 Brokers

TradePlusOnline Vs ProStocks: Which one is better?

The brokerage of TradePlusOnline Max Max Rs 9 per trade while the brokerage of ProStocks Max Rs 15 per trade. Both the brokers are Discount Brokers. TradePlusOnline is having overall lower rating compare to ProStocks. TradePlusOnline is rated only 3.5 out of 5 where ProStocks is rated 4 out of 5.

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

  TradePlusOnline Compare
TradePlusOnline
ProStocks Compare
ProStocks
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
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 ProStocks is a full-fledged online stock broker initiated by well-experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on the quality of trade.
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 ProStocks. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare TradePlusOnline vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared TradePlusOnline with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks offer Free account opening where TradePlusOnline charges Rs 200 for account opeing. Demat AMC charges - TradePlusOnline charges Rs 200 (First Year Free) AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradePlusOnline with ProStocks
Charges TradePlusOnline ProStocks
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 200 (First Year Free) Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare TradePlusOnline vs ProStocks on Plan Options

Plans are the most important feature you look when compare TradePlusOnline with ProStocks. 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 - Both the brokers provides Monthly Plans.

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

Account Opening

  TradePlusOnline ProStocks
Account Opening Request
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Brokerage Charges

Compare TradePlusOnline vs ProStocks 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.

ProStocks Brokerage Plan detail - Rs 15, trade in any segment, fix price, no worries of volume and size of trade.Lower then Zerodha and RKSV, higher from SAS Online, but NO PCM FEE.

Brokerage Charges - Compare TradePlusOnline with ProStocks
Brokerage Charges Compare TradePlusOnline ProStocks
Plan Name Flat Fee Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Free Flat Fee Rs 15
Equity Intraday 0.01% or Rs 9 whichever is lower Flat Fee Rs 15
Equity Futures Flat Fee Rs 9 Flat Fee Rs 15
Equity Options Flat Fee Rs 9 Flat Fee Rs 15
Currency Futures Flat Fee Rs 9 Flat Fee Rs 15
Currency Options Flat Fee Rs 9 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 9 NA
Minimum Brokerage NIL NA
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 10 per executed order
Brokerage Calculator Brokerage Calculator for TradePlusOnline Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for TradePlusOnline SPAN Margin Calculator for ProStocks
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Share Broker's Transaction Charges

Compare TradePlusOnline vs ProStocks on Transaction Charges

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

Transaction Charges - Compare TradePlusOnline with ProStocks
Transaction Charges Compare TradePlusOnline ProStocks
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 190 Per Cr
Equity Options Rs 7500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 165 Per Cr Rs 110 Per Cr
Currency Options Rs 6000 Per Cr Rs 4000 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 prostocks
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Account Features

Compare TradePlusOnline vs ProStocks on Account Features

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

Compare TradePlusOnline vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradePlusOnline and ProStocks. 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 ProStocks
Trading Platform Compare TradePlusOnline ProStocks
Desktop Trading Platform NSE NOW,INFINI TRADER ProStocks,NSE NOW
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://infini.tradeplusonline.com/ https://www.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Tradeplus Mobile ProStocks Mobile
Mobile Trading App Demo Tradeplus Mobile Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Tradeplus Mobile Download Andriod ProStocks Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Tradeplus Mobile Download iOS ProStocks 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 TradePlusOnline Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for TradePlusOnline Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for TradePlusOnline Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for tradeplus Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare TradePlusOnline vs ProStocks on User Rating

  TradePlusOnline ProStocks
  26 Customer Reviews    Rate TradePlusOnline 2 Customer Reviews    Rate ProStocks
Fees Ratings 4.3 4.5
Trading Brokerage Rating 4.8 4.5
Trading Platform Usability 3.9 4.0
Customer Service Ratings 3.9 3.5
Overall Ratings Rated 4.1 stars Rated 4.5 stars
Broker Rating TradePlusOnline is Rated 4.1 / 5 based on 26 customer reviews ProStocks is Rated 4.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare TradePlusOnline vs ProStocks on Investment Offerings

Compare TradePlusOnline with ProStocks 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 - TradePlusOnline offers trading options in Commodity (MCX) where ProStocks doesn't offer. Online Mutual Fund Investment - TradePlusOnline offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare TradePlusOnline with ProStocks
Investment Offerings Compare TradePlusOnline ProStocks
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
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 ProStocks on Order Types

Order Type - Compare TradePlusOnline with ProStocks 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) - TradePlusOnline provide Bracket Orders (BO) where ProStocks 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)- TradePlusOnline offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- TradePlusOnline offers Good Till Cancelled (GTC) orders where ProStocks doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradePlusOnline with ProStocks
Order Type Compare TradePlusOnline ProStocks
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare TradePlusOnline vs ProStocks on Margin/Leverage

Comapre TradePlusOnline with ProStocks 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 ProStocks
Margin Product Compare TradePlusOnline ProStocks
Equity Delivery Margin TradePlusOnline vs ProStocks - Equity Delivery Margin Up to 4x leverage on Equity Delivery with Margin Funding. No Delivery margin.
Equity Intraday Margin TradePlusOnline vs ProStocks - Equity Intraday Margin Up to 10x leverage for equity. Up to 7x leverage for equity intraday.
Futures Margin TradePlusOnline vs ProStocks - Futures Margin Up to 2x leverage for equity futures intraday. Up to 1.5x leverage for equity future intraday.
Options Margin TradePlusOnline vs ProStocks - Options Margin Up to 2x for Options Selling and no leverage on Options Buying. Up to 1.5x for options selling, no leverage on options buying.
Equity CO Margin TradePlusOnline vs ProStocks - Equity CO Margin Up to 40x leverage for equity CO. Up to 10x leverage for equity cover order.
Futures CO Margin TradePlusOnline vs ProStocks - Futures CO Margin Up to 3.5x leverage on equity futures CO. Info Not Available
Options CO Margin TradePlusOnline vs ProStocks - Options CO Margin Info Not Available Info Not Available
Commodity Margin TradePlusOnline vs ProStocks - Commodity Margin Up to 5x leverage on commodity futures. Info Not Available
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Customer Service Offered

Compare TradePlusOnline vs ProStocks on Customer Service

Compare TradePlusOnline with ProStocks 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 ProStocks
Customer Service Compare TradePlusOnline ProStocks
24/7 Customer Service TradePlusOnline vs ProStocks - 24x7 customer support No No
Email Support TradePlusOnline vs ProStocks - Email Support Yes Yes
Onine Live Chat TradePlusOnline vs ProStocks - Onine Live Chat Yes No
Phone Support TradePlusOnline vs ProStocks - Phone Support Yes Yes
Toll Free Number TradePlusOnline vs ProStocks - Toll Free Number No No
Through Branches TradePlusOnline vs ProStocks - Through Branches No No
Customer Care Number TradePlusOnline vs ProStocks - Customer Care Number 044-49427576 / 044-28214171 +91-2262-434343
Account Opening Process TradePlusOnline vs ProStocks - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email TradePlusOnline vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradePlusOnline vs ProStocks - Knowledge Center/Education http://support.tradeplusonline.com/support/solutions https://www.prostocks.com/faq.html
Head Office Address TradePlusOnline vs ProStocks - 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
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website TradePlusOnline vs ProStocks - Company Website https://tradeplusonline.com https://www.prostocks.com
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Tips/Research/Reports Published

Compare TradePlusOnline vs ProStocks on Research Reports, Tips

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

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

Compare TradePlusOnline vs ProStocks on Demat Account

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

Demat Charges - Compare TradePlusOnline with ProStocks
  TradePlusOnline ProStocks
DP Source NSDL CDSL
DP ID TradePlusOnline vs ProStocks - DP ID 86500 83200
Demat Account Annual Maintenance Charges(AMC) ₹900 for Ten Years Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Min ₹15 and Max ₹200) ₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction
Demat ₹50 up to five certificate (₹5 per additional certificate) ( Min ₹50) ₹50 per set up + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 request charges ₹50 per set up + ₹50 courier charges
Pledge Creation ₹15 per transaction ₹50
Pledge Creation Confirmation 0.02% of the value (Min ₹50) Nil
Pledge Closure 0.02% of the value (Min ₹50) ₹50
Pledge Closure Confirmation 0.02% of the value (Min ₹50) Nil
Pledge Invocation 0.02% of the value (Min ₹50) ₹50
Failed Instruction Charges ₹15 ₹50 per transaction
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare TradePlusOnline vs ProStocks on Special Offers and Promotion

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

Compare TradePlusOnline vs ProStocks on Special Offers and Promotion
  TradePlusOnline ProStocks
Pay In and Pay Out Options TradePlusOnline vs ProStocks - 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 Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time TradePlusOnline vs ProStocks - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges TradePlusOnline vs ProStocks - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
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...

  • Simple and low-cost
  • Zero Demat Account AMC.
  • Paperless account opening process.
  • IVRS facilities for back-office and balance confirmation.
  • Strong back-office
  • No prop trading by broker.
  • Rs 0 PCM fee.

Detail Review...

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

Detail Review...

  • Lower exposure compared to other discount brokers.
  • The trading platform is average, missing advance order types like Cover Order and Bracket Order in ProStocks App, Web, and Desktop.
  • Security on the trading platform is good, but change password in every 2 weeks is uncomfortable.
  • Currently, the broker is not offering commodity trading and mutual fund investment options.
  • No extra tools for options, research, etc.

Detail Review...

Special Offers/Promo Free Trading account opening for our visitors. ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquiry Enquire about TradePlusOnline Enquire about ProStocks

Last Updated on 2019-09-02T03:34:14+00:00







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