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Tradeplus Vs IIFL Securities NRI Account Comparison

The side-by-side comparison of Tradeplus and IIFL Securities NRI Account. Compare Tradeplus Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and Tradeplus NRI Account reviews.

Find out Tradeplus Vs IIFL Securities which is better NRI Trading Account. See Tradeplus Vs IIFL Securities which is best NRI Demat Account.

Our Tradeplus (Navia Markets Ltd) comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between Tradeplus and IIFL Securities NRI Account.

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Tradeplus Vs IIFL Securities

  Tradeplus IIFL Securities
 
  Tradeplus (Navia Markets Ltd) Logo IIFL Securities Ltd Logo
About the Broker Tradeplus is one of the first brokerage firms to offer online trading services to NRIs. Tradeplus offers 4-in-1 accounts which include NRI SB Account, NRI Demat account, NRI trading account, and PAN Account. The broker allows NRIs to open NRO account... Know more about Tradeplus (Navia Markets Ltd) IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua... Know more about IIFL Securities Ltd
Account Type NRI Account NRI Account
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

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Tradeplus Vs IIFL Securities Charges

  Tradeplus IIFL Securities
NRI Account Opening Fees ₹500 ₹750
NRI Account AMC ₹1000 p.a or ₹2500 Life Time AMC for 10yrs ₹400 + GST
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 0 Rs 250 (Free for 1st year)
PIS Account AMC ₹1500 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Tradeplus AccountOpen IIFL Securities Account

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Tradeplus Vs IIFL Securities NRI Account Brokerage Comparison

Account Type Tradeplus NRI Account IIFL Securities NRI Account
Equity Delivery 0.40% for NRE and 0.10% for NRO 0.50%
Equity Futures ₹49 per executed trade
Equity Options ₹49 per executed trade
Open Tradeplus AccountOpen IIFL Securities Account

Other Charges

Contract Note Reporting Charges PIS- ₹150 and Non-PIS- ₹200 NA
Other Brokerage Charges Regular plan: ₹200 per CRF; Direct Plan: No charges
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Tradeplus Vs IIFL Securities NRI Account Taxes/Fees

  Tradeplus IIFL Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Tradeplus Vs IIFL Securities NRI Account Margin

  Tradeplus Margin IIFL Securities Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Tradeplus and IIFL Securities NRI Account Features

  Tradeplus IIFL Securities
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No Yes
Other Features BTSL (Buy Today Sell Tomorrow) Order, Call & trade, ESOP trading
Open Tradeplus AccountOpen IIFL Securities Account

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Tradeplus Vs IIFL Securities NRI Account Review

  Tradeplus Review IIFL Securities Review
  37 Customer Reviews    Rate Tradeplus 124 Customer Reviews    Rate IIFL Securities
Fees 3.4 2.8
Brokerage 4.1 2.6
Trading Platform 2.8 3.2
Customer Service 2.6 2.6
Overall Rating Rated 2.9 stars Rated 2.7 stars
Broker Rating Tradeplus is Rated 2.9 / 5 based on 37 customer reviews IIFL Securities is Rated 2.7 / 5 based on 124 customer reviews
Open Tradeplus AccountOpen IIFL Securities Account

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Contact Broker / Request A Call Back

  Tradeplus Enquire IIFL Securities Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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Tradeplus Vs IIFL Securities NRI Investment Options

  Tradeplus IIFL Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options IPO, ETFs, Bonds

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Tradeplus Vs IIFL Securities NRI Customer Service

  Tradeplus IIFL Securities
Customer Care Number + 91 44 39189469 / 470 +91 22 4007 1000
Customer Care Email nri@tradeplusonline.com cs@iifl.com
Open Tradeplus AccountOpen IIFL Securities Account

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Tradeplus Vs IIFL Securities Order Type Offered for NRI Account

  Tradeplus IIFL Securities
Bracket Order No No
Cover Order Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No

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Tradeplus Vs IIFL Securities - NRI Account Advantages and Disadvantages

  Tradeplus IIFL Securities
Pros
  • Experience of 15+ years in providing NRI financial services.
  • Offers a 4-in-1 trading account.
  • ESOP Trading is allowed for NRIs.
  • Margin trading and BTST (Buy Today and Sell Tomorrow) are offered for NRO Account.
  • Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
  • Online account opening process for NRIs.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Part of IIFL Group, a financial services conglomerate.
Cons
  • Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
  • Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
Conclusion

Tradeplus is an excellent choice for NRI traders who want to trade using their NRO accounts. For such investors, the broker provides special facilities like margin trading and BTST (Buy Today and Sell Tomorrow) under NRO accounts which is not available with any other stock broker. The discount broker offers a 4-in-1 account in collaboration with Yes, HDFC and Axis bank which makes trading more convenient. However, the charges for call & trade services are on a higher side.

IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Open Tradeplus AccountOpen IIFL Securities Account

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