Compare 3 Brokers

Upstox Vs TradePlusOnline: Which one is better?

The brokerage of Upstox Max Rs 20 per trade while the brokerage of TradePlusOnline Max Max Rs 9 per trade. Both the brokers are Discount Brokers. Upstox is having overall higher rating compare to TradePlusOnline. Upstox is rated 4.5 out of 5 where TradePlusOnline is rated only 3.5 out of 5.

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

  Upstox Compare
Upstox
TradePlusOnline Compare
TradePlusOnline
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? BSE, NSE, MCX NSE, BSE, MCX
Broker Overview From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market. 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 Upstox. 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 Upstox vs TradePlusOnline on Trading & Demat Account Opening Charges

In this section we have compared Upstox with TradePlusOnline on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opening where TradePlusOnline charges Rs 200 for account opeing. Demat AMC charges - Upstox charges Rs 150 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 Upstox with TradePlusOnline
Charges Upstox TradePlusOnline
Trading Account Opening Fees Rs 150 Equity/ Rs 150 Commodity Rs 200
Trading AMC Free Free
Demat Account Opening Fees Rs 150 Free
Demat AMC Rs 150 PA (Waived for 1st year) Rs 200 (First Year Free)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Upstox vs TradePlusOnline on Plan Options

Plans are the most important feature you look when compare Upstox 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 Upstox doesn't offer

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

Account Opening

  Upstox TradePlusOnline
Account Opening Request
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Brokerage Charges

Compare Upstox vs TradePlusOnline on Brokerage Charges

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

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 Upstox with TradePlusOnline
Brokerage Charges Compare Upstox TradePlusOnline
Plan Name Max Rs 20 Per Order Trading Plan Flat Fee Plan
Equity Delivery Free Free
Equity Intraday 0.01% or Rs 20 whichever is lower 0.01% or Rs 9 whichever is lower
Equity Futures Flat Fee Rs 20 Flat Fee Rs 9
Equity Options Flat Fee Rs 20 Flat Fee Rs 9
Currency Futures Flat Fee Rs 20 Flat Fee Rs 9
Currency Options Flat Fee Rs 20 Flat Fee Rs 9
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 9
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 20 Per Executable Order Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Brokerage Calculator Brokerage Calculator for Upstox Brokerage Calculator for TradePlusOnline
SPAN Margin Calculator SPAN Margin Calculator for Upstox SPAN Margin Calculator for TradePlusOnline
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Share Broker's Transaction Charges

Compare Upstox vs TradePlusOnline on Transaction Charges

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

Transaction Charges - Compare Upstox with TradePlusOnline
Transaction Charges Compare Upstox TradePlusOnline
Equity Delivery Rs 325 Per Cr Rs 330 Per Cr
Equity Intraday Rs 325 Per Cr Rs 330 Per Cr
Equity Futures Rs 210 Per Cr Rs 350 Per Cr
Equity Options Rs 5500 Per Cr Rs 7500 Per Cr
Currency Futures Rs 150 Per Cr Rs 165 Per Cr
Currency Options Rs 6000 Per Cr Rs 6000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for upstox Complete Brokerage Plans for tradeplus
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Account Features

Compare Upstox vs TradePlusOnline on Account Features

Compare Upstox 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 - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - TradePlusOnline offers margin funding where Upstox doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Upstox with TradePlusOnline
Account Features Compare Upstox TradePlusOnline
3 in 1 Account No Upstox have 2-in-1 account. Only Demate and Trading account. No Upstox have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No 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 Upstox vs TradePlusOnline on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Upstox 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 Upstox with TradePlusOnline
Trading Platform Compare Upstox TradePlusOnline
Desktop Trading Platform DartStock/Nest Trader/Fox Trader 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://pro.upstox.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 Upstox Tradeplus Mobile
Mobile Trading App Demo Upstox Demo Tradeplus Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Upstox Download Andriod Tradeplus Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Upstox 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 Upstox Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline
Futures Brokerage Calculator Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for TradePlusOnline
Options Brokerage Calculator Options Brokerage Calculator for Upstox Options Brokerage Calculator for TradePlusOnline
Detail Detail on Trading Platforms for upstox Detail on Trading Platforms for tradeplus

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Broker Ratings by Users

Compare Upstox vs TradePlusOnline on User Rating

  Upstox TradePlusOnline
  8 Customer Reviews    Rate Upstox 26 Customer Reviews    Rate TradePlusOnline
Fees Ratings 3.3 4.3
Trading Brokerage Rating 3.8 4.8
Trading Platform Usability 3.3 3.9
Customer Service Ratings 3.1 3.9
Overall Ratings Rated 3.3 stars Rated 4.1 stars
Broker Rating Upstox is Rated 3.3 / 5 based on 8 customer reviews TradePlusOnline is Rated 4.1 / 5 based on 26 customer reviews
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Investment Offerings

Compare Upstox vs TradePlusOnline on Investment Offerings

Compare Upstox 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Upstox with TradePlusOnline
Investment Offerings Compare Upstox 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 No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Upstox vs TradePlusOnline on Order Types

Order Type - Compare Upstox 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- TradePlusOnline offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Upstox with TradePlusOnline
Order Type Compare Upstox 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 No Yes
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Margin/Leverage

Compare Upstox vs TradePlusOnline on Margin/Leverage

Comapre Upstox 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 Upstox with TradePlusOnline
Margin Product Compare Upstox TradePlusOnline
Equity Delivery Margin Upstox vs TradePlusOnline - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Up to 4x leverage on Equity Delivery with Margin Funding.
Equity Intraday Margin Upstox vs TradePlusOnline - Equity Intraday Margin Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan. Up to 10x leverage for equity.
Futures Margin Upstox vs TradePlusOnline - Futures Margin Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks. Up to 2x leverage for equity futures intraday.
Options Margin Upstox vs TradePlusOnline - Options Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying. Up to 2x for Options Selling and no leverage on Options Buying.
Equity CO Margin Upstox vs TradePlusOnline - Equity CO Margin Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan. Up to 40x leverage for equity CO.
Futures CO Margin Upstox vs TradePlusOnline - Futures CO Margin Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks. Up to 3.5x leverage on equity futures CO.
Options CO Margin Upstox vs TradePlusOnline - Options CO Margin Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying. Info Not Available
Commodity Margin Upstox vs TradePlusOnline - Commodity Margin Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions. Up to 5x leverage on commodity futures.
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Customer Service Offered

Compare Upstox vs TradePlusOnline on Customer Service

Compare Upstox 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 Upstox with TradePlusOnline
Customer Service Compare Upstox TradePlusOnline
24/7 Customer Service Upstox vs TradePlusOnline - 24x7 customer support No No
Email Support Upstox vs TradePlusOnline - Email Support Yes Yes
Onine Live Chat Upstox vs TradePlusOnline - Onine Live Chat Yes Yes
Phone Support Upstox vs TradePlusOnline - Phone Support Yes Yes
Toll Free Number Upstox vs TradePlusOnline - Toll Free Number No No
Through Branches Upstox vs TradePlusOnline - Through Branches Yes No
Customer Care Number Upstox vs TradePlusOnline - Customer Care Number +91 22 6130 9999 044-49427576 / 044-28214171
Account Opening Process Upstox vs TradePlusOnline - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Upstox vs TradePlusOnline - Customer Support Email [email protected]  [email protected]
Knowledge Center/Education Upstox vs TradePlusOnline - Knowledge Center/Education https://upstox.com/help-center/ http://support.tradeplusonline.com/support/solutions
Head Office Address Upstox vs TradePlusOnline - Head Office Address/Corporate Address Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Website Upstox vs TradePlusOnline - Company Website https://upstox.com/ https://tradeplusonline.com
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Tips/Research/Reports Published

Compare Upstox vs TradePlusOnline on Research Reports, Tips

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

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

Compare Upstox vs TradePlusOnline on Demat Account

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

Demat Charges - Compare Upstox with TradePlusOnline
  Upstox TradePlusOnline
DP Source CDSL NSDL
DP ID Upstox vs TradePlusOnline - DP ID 81800 86500
Demat Account Annual Maintenance Charges(AMC) ₹150 pa ₹900 for Ten Years
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹13 + ₹5.50 CDSL charges 0.02% of transaction value (Min ₹15 and Max ₹200)
Demat ₹20 + ₹50 courier charges ₹50 up to five certificate (₹5 per additional certificate) ( Min ₹50)
Remat ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 request charges
Pledge Creation 0.02% of the transaction value (Min ₹50) + CDSL charges ₹15 per transaction
Pledge Creation Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of the value (Min ₹50)
Pledge Closure 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of the value (Min ₹50)
Pledge Closure Confirmation 0.02% of the transaction value (Min ₹50) + CDSL charges 0.02% of the value (Min ₹50)
Pledge Invocation 0.05% of the transaction value (Min ₹50) 0.02% of the value (Min ₹50)
Failed Instruction Charges ₹50 ₹15
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Upstox vs TradePlusOnline on Special Offers and Promotion

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

Compare Upstox vs TradePlusOnline on Special Offers and Promotion
  Upstox TradePlusOnline
Pay In and Pay Out Options Upstox vs TradePlusOnline - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-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 Upstox vs TradePlusOnline - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Upstox vs TradePlusOnline - Bank Supported and Charges Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms.
Bank Detail HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Likes
  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

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
  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

Detail Review...

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

Detail Review...

Special Offers/Promo 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades. Free Trading account opening for our visitors.
Enquiry Enquire about Upstox Enquire about TradePlusOnline

Last Updated on 2019-06-27T00:43:21+00:00







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