Tradeplus is the online discount brokerage firm of Navia Markets Ltd. Navia has a presence in stock brokerage industry from a long time and has been serving as a financial service provider, equity, derivative, currency and commodity broker for residents and NRIs customers. The online discount broking service was started in the year 2015 by the brand name TradePlus.
TradePlus provide online trading in equity delivery, intraday, futures and options, currency and commodities on NSE, BSE, and MCX, as well as provides investment option in Direct Mutual Fund, IPOs, bond, and corporate deposits. Tradeplus has its own DP services having a membership with NSDL and CDSL.
TradePlus is especially known for its zero brokerage unlimited or infinite trading plans. Broker also offers Flat Fee plan. Tradeplus customer support is impressive as they have an online support through FAQs and query resolution, phone, email and live online chat.
TradePlus offers end to end NRI services through their online trading platform. NRIs can invest in stocks, equity derivatives, mutual funds, IPOs and bonds in India through TradePlus. Unlimited F&O trading to NRIs is available at a flat monthly fee of Rs 1499. Dedicated relationship managers are available to assist in any way with NRI trading. NRIs can invest in Direct Mutual Funds through their online investment platform INFINI MF. This platform allows investing in MF through SIP and lump sum.
INFINI POWER is in-house exe based desktop trading application of Tradeplus also comes in INFINI Web (web-based) and TRADE PLUS Mobile (mobile app-based) trading platforms. It can be enabled with the monthly subscription of Rs 299. You can also choose NOW for trading in Equity, F&O. Tradeplus offers a referral program where you earn the subscription fee paid by your friend. Tradeplus also offers margin trade funding (MTF) for Equity Delivery Trades.
The broker also offers Smart Trade Desk services which are personalized research support by Relationship Managers to the investors and traders. To avail this service, a minimum investment of 3 lacs for F&O Trading & 10 Lacs for Equity is required and should not be subscribed for low brokerage trading plan. low brokerage plans
Account opening of Rs 199 Waived off i.e. zero trading account opening fee for limited time.If KYC is completed and submitted within 2 days of contacting us. Sign up now.
Here we are comparing TradePlusOnline with its 5 close competitors on investment options.
|Equity Trading Type||Yes||Yes||Yes||Yes||Yes|
»» Trading Account Opening Charges: Rs 200
»» Trading Account AMC: Free
»» Demat Account Opening Charges: Free
»» Demat Account AMC: Rs 200 (First Year Free)
TradePlus offers monthly plans and pay per trade plans for Resident Indians to trade across various segments and also offer NRI trading plans.
The flat fee plan is very cheap as compared to full-service brokers and lower than Discount Brokers like Zerodha (Rs 20), Upstox (Rs 20), Prostocks (Rs 15) and 5paisa (Rs 10) and matching with SASOnline (Rs 9).
The most creative plan of TradePlus is their monthly plans. These plans are good for the pro traders who do trades in a specific segment.
TradePlus Unlimited plans are segment specific. Discount brokers named Prostocks and SASOnline are also providing unlimited plan but TradePlus plans is the cheapest.
TradePlus is known for its NRI trading. They offer unlimited NRI trading plan for F&O [email protected] Rs 1499 PM. This plan is applicable with NRO trading account. Brokerage for trading in Equity Cash (Delivery and Intraday) with NRE Account is 0.40% (40 paisa) and with NRO Account is 0.30% (30 paisa).
Tradeplus all-in-1 Investment Account is the combination of trading + demat account to invest in stocks directly as well as invest in mutual funds. TradePlus Demat Account is required to hold stocks, bonds, IPO shares and Mutual Fund schemes. However only TradePlus Trading Account will also work if you only wish to trade in equity derivatives, currency and commodity.
TradePlus offers specially planned TradePlus NRI 4-in-1 Account for NRI customers:
For complete brokerage charges and trading plans detail please visit TradePlusOnline Brokerage Charges.
Here we are comparing TradePlusOnline with its 5 close competitors, who are currently market leader in brokerage industry.
|Service Type||Discount Broker||Full Service Broker||Discount Broker||Discount Broker||Discount Broker|
|Brokerage Range||Max Rs 9||0.1 to 0.5%||Rs 10||Rs 20||Rs 20|
|Account Type||2 in 1||2 in 1||2 in 1||2 in 1||2 in 1|
|Equity Delivery||Free||0.5% or 50 paisa||Flat Fee Rs 10||Free||0.2% or Rs 20 whichever is lower|
|Equity Intraday||0.01% or Rs 9 whichever is lower||0.1% or 10 paisa||Flat Fee Rs 10||0.01% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Equity Futures||Flat Fee Rs 9||0.1% or 10 paisa||Flat Fee Rs 10||0.01% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 9||2.5% of Premium or Rs 250 per lot whichever is high||Flat Fee Rs 10||Flat Fee Rs 20||Flat Fee Rs 20|
|Commodity||Flat Fee Rs 9||0.1% or 10 paisa||Flat Fee Rs 10||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Futures||Flat Fee Rs 9||0.1% or 10 paisa||Flat Fee Rs 10||0.01% or Rs 20 whichever is lower||0.02% or Rs 20 whichever is lower|
|Currency Options||Flat Fee Rs 9||2.5% of Premium or Rs 30 per lot whichever is high||Flat Fee Rs 10||Flat Fee Rs 20||Flat Fee Rs 20|
Please refer unique and accurate TradePlusOnline Brokerage Calculator
For online trading with TradePlus Online, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with TradePlus Online:
Tradeplus offers two trading platform – NSE NOW and INFINI Trading Solutions to its customers.
ITS is a home-grown subscription based trading platforms by TradePlus. It is available in all three versions as INFINI Power, INFINI Web and Tradeplus Mobile. It has a subscription fee of Rs 249 for a month, Rs 333 for six months and Rs 499 for 12 months. All three versions of ITS comes as a package.
INFINI Power is a paid version of trading platform by TradePlus. INFINI POWER is an exe-based trading and analytics software and needs admin access to download and run the software. It has technical and fundamental analysis, charting tool that provides advanced/custom market watch, trend and level scanners, user-friendly charting platform, active contracts and rollover, real time market news, market sentiment indicators, Intraday screening tools, FII activity, market dynamics, heat map etc. for the clients of Tradeplus.
There is a separate portal called Subscription Management Portal SMP where you can add/delete trading segments and enable/disable value added content provided by Tradeplus.
INFINI Web is a web based HTML 5 trading platform from TradePlus that offers the features of exe trading software in web browser.
TradePlus Mobile App is the trading app to offer integrated trading across all segments and exchanges on the go. The app offers advanced order types like stop loss, cover order, GTD and After Market Orders. It is free for commodity traders. TradePlus mobile app is available in both Android and iOS version. INFINI mobile app has very good user review.
TradePlus has separate mobile app and web version for Mutual Fund investment. The company offer direct mutual fund investment with its mutual fund platform. The INFINI MF is a free platform.
NSE NOW is the secured and highly reliable platform for trading in Equity, F&O and Currency segments on NSE and BSE. NOW is available in all 3 versions- exe, web and mobile version. NSE NOW is available for free to the clients.
For detail review of mobile app and download please visit TradePlusOnline Trading Platform Review.
Here we are comparing TradePlusOnline with its 5 close competitors on Trading Platform.
|Android Tablet App||Yes||Yes||Yes||Yes||Yes|
|Android Mobile App||Yes||Yes||Yes||Yes||Yes|
|iPhone App (iOS Mobile App)||Yes||Yes||Yes||Yes||No|
Tradeplus is a broker known for active traders and investors who not only have an interest in stocks, but also in MF, IPOs, commodity and currency. The broker also offers brokerage plans for both types of users. NRI services is a plus point from TradePlus. However, TradePlus needs to work on trading platforms as competitors are offering it for free.
If you like what you have read and want to open an trading and demat account with TradePlusOnline, leave your contact information with us and we will guide you.
Trade plus offer Margin Trading Facility. To avail this service, you need a separate request. Once you have MTF facility, you can use INFINI trading platform to place your order. There is separate order type as MTF. Under MTF you need to pay interest on borrowed money @24% PA. MTF facility is available for delivery only trade where you can carry f/w your trade for T+2+5 days.