TradePlus Vs INDmoney
TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
TradePlus Vs INDmoney - Broker Details
| TradePlus | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1983 | 2019 |
| Exchanges | BSE, NSE, MCX, and CDSL | NSE, BSE and MCX |
| Branches | N/A | 966 |
| Brokerage | 0.025% on the Sell Side | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
TradePlus Vs INDmoney - Account Opening & AMC Charges
| TradePlus | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹99* per month (This charge depends on the plan) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹99* per month (This charge depends on the plan) | ₹0 (Free) |
TradePlus Vs INDmoney - Brokerage charges & Plans
| TradePlus | INDmoney | |
|---|---|---|
| Commodity Futures | ₹99 per month or 0.01% on turnover each side | N/A |
| Currency Futures | ₹99 per month or ₹20 per lot each side | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 (Free) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹99 per month or ₹60 per lot each side | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹99 per month or ₹60 per lot each side | N/A |
| Equity Futures | ₹799 per month or 0.01% on turnover each side | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹99 per month or ₹20 per lot each side | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.01% | 0.05% or up to ₹20/Per Order |
TradePlus Vs INDmoney - Other Charges
| TradePlus | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | ₹1500 + GST for a month | N/A |
| Call & Trade Charges | ₹ 75/- per day +GST | ₹50 per position |
| Other Brokerage Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.01% | 0.05% or up to ₹20/Per Order |
TradePlus Vs INDmoney - Transaction Charges
| TradePlus | INDmoney | |
|---|---|---|
| Currency Options | NSE: 0.037% | BSE: 0.00025% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: NSE: 0.002% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00335% | BSE:0.00375% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: 0.0505% | BSE:0.00375% | NSE: 0.053% on premium value |
| Commodity | NSE: 0.0026% | BSE:0.0014% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE: 0.00095% | BSE: 0.00022% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00375% | BSE:0.00335% | NSE - 0.00325% | BSE- 0.00375% |
TradePlus Vs INDmoney - Margin (Exposure)
| TradePlus | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
TradePlus Vs INDmoney - Features
| TradePlus | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Rocket, 2. Rocket Plus, 3. Infinity MF | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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TradePlus Vs INDmoney - Review & Rating
| TradePlus | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
TradePlus Vs INDmoney - Request a call back from Broker
| TradePlus | INDmoney | |
|---|---|---|
TradePlus Vs INDmoney - Investment Options
| TradePlus | INDmoney | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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TradePlus Vs INDmoney - Order Type
| TradePlus | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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TradePlus Vs INDmoney - Research & Report
| TradePlus | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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TradePlus Vs INDmoney - Daily Market Report
| TradePlus | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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TradePlus Vs INDmoney - Suitable For Investor
| TradePlus | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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TradePlus Vs INDmoney - Pros & Cons
| TradePlus | INDmoney | |
|---|---|---|
| Pros | 1. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
TradePlus Vs INDmoney - Background
| TradePlus | INDmoney | |
|---|---|---|
TradePlus Vs INDmoney - Compare All Brokers
| TradePlus | INDmoney | |
|---|---|---|
TradePlus Vs INDmoney - STT/CTT
| TradePlus | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
TradePlus Vs INDmoney - Demat transaction charges
| TradePlus | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50+ Gst per scrip only on sell | ₹250/ per certificate |
TradePlus Vs INDmoney - GST
| TradePlus | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
TradePlus Vs INDmoney - SEBI Charges
| TradePlus | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
TradePlus Vs INDmoney - Account Opening & AMC Charges
TradePlus
INDmoney
Trading Account Opening Charge
₹99* per month (This charge depends on the plan)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹99* per month (This charge depends on the plan)
₹0 (Free)
TradePlus Vs INDmoney
| TradePlus | INDmoney | |
|---|---|---|
TradePlus Online Review 2024 |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
TradePlus Vs INDmoney - Brokerage charges & Plans
| TradePlus | INDmoney | |
|---|---|---|
| Commodity Futures | ₹99 per month or 0.01% on turnover each side | N/A |
| Currency Futures | ₹99 per month or ₹20 per lot each side | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 (Free) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹99 per month or ₹60 per lot each side | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹99 per month or ₹60 per lot each side | N/A |
| Equity Futures | ₹799 per month or 0.01% on turnover each side | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹99 per month or ₹20 per lot each side | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.01% | 0.05% or up to ₹20/Per Order |
TradePlus Vs INDmoney - Margin (Exposure)
| TradePlus | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
TradePlus Vs INDmoney - Other Charges
| TradePlus | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | ₹1500 + GST for a month | N/A |
| Call & Trade Charges | ₹ 75/- per day +GST | ₹50 per position |
| Other Brokerage Charges | 0.01% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.01% | 0.05% or up to ₹20/Per Order |
TradePlus Vs INDmoney - STT/CTT
| TradePlus | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
TradePlus Vs INDmoney - Demat transaction charges
| TradePlus | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50+ Gst per scrip only on sell | ₹250/ per certificate |
TradePlus Vs INDmoney - GST
| TradePlus | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
TradePlus Vs INDmoney - SEBI Charges
| TradePlus | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
TradePlus Vs INDmoney - Features
| TradePlus | INDmoney | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Rocket, 2. Rocket Plus, 3. Infinity MF | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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