Aditya Birla Money Vs Tradeplus (Compare Aditya Birla Money and Tradeplus)

Aditya Birla Money Vs Tradeplus

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Aditya Birla Money	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	1994	1995
Number of Branches	800
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Aditya Birla Money Vs Tradeplus Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Tradeplus account opening changes is Rs 0. Aditya Birla Money Demat Account AMC Charges is Rs 436 and Tradeplus Demat Account AMC Charges is Rs 0.

	Aditya Birla Money	Tradeplus
Trading Account Opening Charges	Rs 750	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 436	Rs 0

Aditya Birla Money Vs Tradeplus Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Aditya Birla Money	Tradeplus
Account Type		Flat Zero brokerage Scheme
Fixed Charges		As per segment
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	0.03%	NA
Equity Futures	0.03%	Rs 799 per month (unlimited trading)
Equity Options	Rs 50 per lot	Rs 99 per month (unlimited trading)
Currency Futures	0.03%	Rs 99 per month (unlimited trading)
Currency Options	Rs 50 per lot	Rs 99 per month (unlimited trading)
Commodity Futures	0.03%	Rs 99 per month (unlimited trading)
Commodity Options	Nil	Rs 99 per month (unlimited trading)
Special Offer		Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Aditya Birla Money Vs Tradeplus Brokerage Plan 2

	Aditya Birla Money	Tradeplus
Account Type		Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	0.03%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.03%	Rs 9 per executed order
Equity Options	Rs 50 per lot	Rs 9 per executed order
Currency Futures	0.03%	Rs 9 per executed order
Currency Options	Rs 50 per lot	Rs 9 per executed order
Commodity Futures	0.03%	Rs 9 per executed order
Commodity Options	Nil	Rs 9 per executed order
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Aditya Birla Money Charges Vs Tradeplus

Minimum Brokerage	Rs 20 per executed order
Other Charges		SMS Charges: Rs 100 per segment.
Call & Trade Charges	Nil	Flat Rs 75 per day

Aditya Birla Money Vs Tradeplus Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	Aditya Birla Money	Tradeplus
Equity Delivery	Rs 325 per Cr (0.00325%)	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	Rs 190 per Cr (0.0019%)	Rs 360 per crore (0.0036%)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	Rs 110 per Cr (0.0011%)	Rs 140 per crore (0.0014%)
Currency Options	Rs 4000 per Cr (0.04%) (on premium)	Rs 6000 (on premium) per crore (0.06%)
Commodity	MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)	Rs 500 (0.005%)
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Aditya Birla Money Vs Tradeplus Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Tradeplus margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Aditya Birla Money	Tradeplus
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Aditya Birla Money and Tradeplus Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Tradeplus offers INFINI, NSE NOW trading software.

	Aditya Birla Money	Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Etrade, Advanced web, Mobile invest	INFINI, NSE NOW
Intraday Square-off Time	3:15
Other Features	Insurance and Pension scheme available
Referral Program
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Aditya Birla Money Vs Tradeplus Review

Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Aditya Birla Money	Tradeplus
	21 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Aditya Birla Money is rated 2.9 of 5 based on 21 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Aditya Birla Money Vs Tradeplus Investment Options

	Aditya Birla Money	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds

Aditya Birla Money Vs Tradeplus Order Type Offered

	Aditya Birla Money	Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Aditya Birla Money Vs Tradeplus Research Report

	Aditya Birla Money	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Aditya Birla Money Vs Tradeplus Suitable For Investor Type

	Aditya Birla Money	Tradeplus
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Tradeplus - Pros and Cons

	Aditya Birla Money	Tradeplus
Pros	ABM offers 2 in 1 account which is Trading cum Demat account No Call and Trade charges Fund transfer facility available from more than 11 banks ABM offers Portfolio Tracker which is one stop shop for your entire portfolio	Unlimited monthly trading plans available for frequent traders. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment. Low demat AMC or Rs 90 per month. Analysis tools available for intraday trading.
Cons	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers		Free Equity Delivery Trade + Flat Rs 9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
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