Zerodha Vs TradePlus
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs TradePlus - Broker Details
| Zerodha | TradePlus | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1983 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX, and CDSL |
| Branches | 120+ | N/A |
| Brokerage | ₹20/ Order or 0.03% | 0.025% on the Sell Side |
| Broker Type | Discount Broker | Discount Broker |
Zerodha Vs TradePlus - Account Opening & AMC Charges
| Zerodha | TradePlus | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹99* per month (This charge depends on the plan) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
Zerodha Vs TradePlus - Brokerage charges & Plans
| Zerodha | TradePlus | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | Zero Brokerage | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹99 per month or ₹60 per lot each side |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹20/Order | 0.01% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.01% |
Zerodha Vs TradePlus - Other Charges
| Zerodha | TradePlus | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹2000/ Month | ₹1500 + GST for a month |
| Call & Trade Charges | ₹50/ Order | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.01% |
| Minimum Brokerage | ₹20/ Order | 0.01% |
Zerodha Vs TradePlus - Transaction Charges
| Zerodha | TradePlus | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE: 0.037% | BSE: 0.00025% |
| Equity Futures | NSE: 0.002% | NSE: NSE: 0.002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00335% | BSE:0.00375% |
| Equity Options | NSE: 0.053% (on premium) | NSE: 0.0505% | BSE:0.00375% |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | NSE: 0.0026% | BSE:0.0014% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE: 0.00095% | BSE: 0.00022% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.00375% | BSE:0.00335% |
Zerodha Vs TradePlus - Margin (Exposure)
| Zerodha | TradePlus | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Zerodha Vs TradePlus - Features
| Zerodha | TradePlus | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Zerodha Vs TradePlus - Review & Rating
| Zerodha | TradePlus | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs TradePlus - Request a call back from Broker
| Zerodha | TradePlus | |
|---|---|---|
Zerodha Vs TradePlus - Investment Options
| Zerodha | TradePlus | |
|---|---|---|
| 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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Zerodha Vs TradePlus - Order Type
| Zerodha | TradePlus | |
|---|---|---|
| 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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Zerodha Vs TradePlus - Research & Report
| Zerodha | TradePlus | |
|---|---|---|
| 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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Zerodha Vs TradePlus - Daily Market Report
| Zerodha | TradePlus | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs TradePlus - Suitable For Investor
| Zerodha | TradePlus | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs TradePlus - Pros & Cons
| Zerodha | TradePlus | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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 |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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 |
Zerodha Vs TradePlus - Background
| Zerodha | TradePlus | |
|---|---|---|
Zerodha Vs TradePlus - Compare All Brokers
| Zerodha | TradePlus | |
|---|---|---|
Zerodha Vs TradePlus - STT/CTT
| Zerodha | TradePlus | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs TradePlus - Demat transaction charges
| Zerodha | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹50+ Gst per scrip only on sell |
Zerodha Vs TradePlus - GST
| Zerodha | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges) |
Zerodha Vs TradePlus - SEBI Charges
| Zerodha | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs TradePlus - Account Opening & AMC Charges
Zerodha
TradePlus
Trading Account Opening Charge
₹200
₹99* per month (This charge depends on the plan)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹99* per month (This charge depends on the plan)
Zerodha Vs TradePlus
| Zerodha | TradePlus | |
|---|---|---|
Zerodha Review 2024 |
TradePlus Online Review 2024 |
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TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs TradePlus - Brokerage charges & Plans
| Zerodha | TradePlus | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | Zero Brokerage | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹99 per month or ₹60 per lot each side |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹99 per month or ₹60 per lot each side |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹799 per month or 0.01% on turnover each side |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹20/Order | 0.01% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.01% |
| Call Back Open Account |
Zerodha Vs TradePlus - Margin (Exposure)
| Zerodha | TradePlus | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs TradePlus - Other Charges
| Zerodha | TradePlus | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹2000/ Month | ₹1500 + GST for a month |
| Call & Trade Charges | ₹50/ Order | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | 0.01% |
| Minimum Brokerage | ₹20/ Order | 0.01% |
Zerodha Vs TradePlus - STT/CTT
| Zerodha | TradePlus | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Zerodha Vs TradePlus - Demat transaction charges
| Zerodha | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹50+ Gst per scrip only on sell |
Zerodha Vs TradePlus - GST
| Zerodha | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges) |
Zerodha Vs TradePlus - SEBI Charges
| Zerodha | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs TradePlus - Features
| Zerodha | TradePlus | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |