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Tradeplus Open Account | Account Opening Process Review

2.79% 9,248 Clients

Incorporated in 1983, Tradeplus is Chennai, India based Online Stock Broker focused on retail customers. Tradeplus is online brand of Navia Markets Ltd.

Tradeplus offers online trading at BSE, NSE and MCX. Tradeplus also offers investment in Mutual Funds and Depository Services (Demat Account).

Facts about Tradeplus

Member of NSE since 1995, NSDL since 1997, MCX since 2009 and BSE since 2010.
Formally a traditional broker as Navia Markets Ltd. Served over 40,000 customers over the time.
Launched Tradeplus brand and discount brokerage services in 2014.

Products offered by Tradeplus

Online Trading
- Equity Trading at BSE, NSE
- Commodities Trading at MCX
- Currency Trading at NSE
Distribution of
- Mutual Funds
- IPO
- Bonds
- Insurance
- G-sec
NRI Trading & Investments
Depository Services (Demat Account)
PAN Card Services

Tradeplus is member of the Bombay Stock Exchange, National Stock Exchange and Multi Commodity Exchange. Tradeplus is also registered as a Depository Participant with NSDL.

Tradeplus Account Types

Tradeplus offers trading account, demat account and 2-in-1 account (a combination of trading account and demat account). If you are planning to invest or trade in stocks, commodities or currency, you need a trading account. If you are planning to invest in equity (hold the shares you are buying for few days or month), IPO, G-sec or Mutual Funds, you also have open a Tradeplus Demat Account.

It's recommended to open 2-in-1 account with Tradeplus for smooth transactions between these two accounts.

Following are the types of account offered by Tradeplus:

Equity Trading Account
Commodity Trading Account
Futures & Options Trading Account
Resident Demat Account
NRI Demat Account
Foreign National Demat Account

Open an Account in Tradeplus in 2 easy ways

To open an account in Tradeplus, stock market investor or trader can follow below 2 easy ways:

Online Account Opening (Paperless - Digital KYC & Aadhar eSign)
Tradeplus offers online account opening through DKYC (Digital Know your Customer) & Aadhar eSign process. In DKYC, if a customer has already done KYC with other financial institution, the customer data is pulled online through previous KYC. The Aadhar eSign process provides digital signature to your account opening form if customer has the correct phone number linked to Aadhar and can validate that through OTP. This is the fast, safe and convenient way of opening trading and demat account.

Steps to open online account with Tradeplus
1. Submit Your basic details online using Digital KYC Module
2. Tradeplus executives will call you to complete IPV (In person verification)
3. You will validate your Aadhaar OTP to fetch your details from UIDAI & eSign
4. The eSigned KYC PDF will be generated and emailed to you
5. On receipt of the confirmation to the eSigned KYC your account gets opened
Key benefits of opening paperless account with eKYC:
- It's a paperless process
- You can submit your KYC in 2 minutes and complete the KYC formalities in 15 minutes
- In-person verification (IPV) is done online
- KYC & support documents are 'digitally' signed by you. No printing or signing forms needed.
- It is safe, secured and a convenient process.
Visit Tradeplus Branch Office
Tradeplus head office is in Chennai. You could visit the office and open account personally.

Tradeplus Account Opening Specials

Tradeplus has a special offer using which you get one month free trial to all value services offered at additional cost. The free services include trial of trading software's (INFINI platform), Instant Trade Confirmation etc.

Tradeplus also offer life time Zero AMC Demat Account with onetime fee of ₹900 (valid for 10 years) or ₹500 (valid for 5 years).

Tradeplus Account Opening Status

To check the account opening status, please visit DKYC portal of Tradeplus.

Tradeplus Account Opening Forms PDF

While most accounts are opened online, Tradeplus account opening forms are available in pdfs on request. Please contact the sales advisor of Tradeplus to get the account opening forms.

PDF Forms are available for following account types:

Equity/F&O/Currency Trading Account (without Demat)
Equity/F&O/Currency Trading Account (with Demat)
Commodity Trading Account

Trade plus Account Closing Procedure

Tradeplus offers 2-in-1 account which includes trading and demat account. If you are no more making investment or trades through Tradeplus or moved to another share broker, it is recommended to close the account to avoid AMC charges, unwanted penalties or misuse of your account.

Follow below simple steps to close Tradeplus Account:

Clear all pending dues with the broker.
Transfer or sell all your demat account holdings with Trade plus.
Return back all unused offline demat transaction slips.
Call Tradeplus office to get the account closure form in email. The form is not available online for download in PDF.
Fill the Account Closure Form, sign it and send it to the Tradeplus office.

Note:

Account closure request is not accepted online, through email or through phone calls. Physically signed forms submission is required.
If there are multiple account holders on the account, each one has to sign on account closing form.

It usually takes 7 working days for Tradeplus to process the account closure request. Customer receives a confirmation letter within 15 days.

It's very important for customer to get a confirmation of the account closure to avoid surprises later. If you do not receive any information in 15 days, contact the broker to check the status of account closure request.

Tradeplus Account Opening Charges

Customer pays account opening fee for trading account opening with Tradeplus. The account opening fees are as below:

Tradeplus Account Opening Charges (Trading Acct): ₹199
Tradeplus AMC Charges (Trading Acct): ₹0
Tradeplus Account Opening Charges (Demat Acct): ₹0
Tradeplus AMC Charges (Demat Acct): ₹500 (5 years)

Frequently Asked Questions

What type of account Tradeplus offers?
Tradeplus offers following 4 types of accounts:
- Equity Trading Account
- Currency Trading Account
- Commodity Trading Account
- Demat Account
- NRI Trading & Demat Account
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Can I have 2 trading account in same name with Tradeplus?

No, it's against the law to have multiple trading accounts with same name with a same broker.

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Can I have more than one Demat Account with Tradeplus in same name and PAN number?

Yes, you can have as many demat account as you want with a broker. There is no restriction on number of demat account in same name with a broker.

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Information about Tradeplus account opening, Tradeplus open account, Tradeplus opening charges, Tradeplus account opening charges, Tradeplus account opening status, Tradeplus amc charges, Tradeplus account charges and Tradeplus account closure.