AxisDirect Vs Tradeplus (Compare AxisDirect and Tradeplus)

AxisDirect Vs Tradeplus

Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	AxisDirect	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX
Account Type	Standard Brokerage Plan	Infinite Trading Plans
Year of Incorporation	2006
Number of Branches	56
Broker Enquiry
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AxisDirect Vs Tradeplus Charges & AMC

AxisDirect trading account opening charges is ₹900 while Tradeplus account opening changes is ₹199. AxisDirect Demat Account AMC Charges is ₹650 and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

	AxisDirect	Tradeplus
Trading Account Opening Charges	₹900	₹199
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹650	₹500 (5 years)

AxisDirect Vs Tradeplus Brokerage

AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

	AxisDirect	Tradeplus
Account Type	Standard Brokerage Plan	Infinite Trading Plans
Fixed Charges	NA
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05%	0.01%
Equity Futures Brokerage	0.05%	₹799 per month (unlimited trading)
Equity Options Brokerage	Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot	₹99 per month (unlimited trading)
Currency Futures Trading Brokerage	0.05%	₹99 per month (unlimited trading)
Currency Options Trading Brokerage	Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l	₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage	0.03%	₹99 per month (unlimited trading)
Commodity Options Trading Brokerage	₹50 per lot
Special Offer		Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

AxisDirect Vs Tradeplus Brokerage Plan 2

	AxisDirect	Tradeplus
Account Type	Standard Brokerage Plan	General Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05%	0.01%
Equity Futures Brokerage	0.05%	0.01%
Equity Options Brokerage	Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot	₹60 per lot
Currency Futures Trading Brokerage	0.05%	₹20 per lot
Currency Options Trading Brokerage	Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l	₹60 per lot
Commodity Futures Trading Brokerage	0.03%	0.01%
Commodity Options Trading Brokerage	₹50 per lot
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AxisDirect Charges Vs Tradeplus

Minimum Brokerage Charges	₹20 per trade
Other Brokerage Charges		SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges	₹20 per call	Flat ₹75 per day

AxisDirect Vs Tradeplus Transaction Charges

AxisDirect transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

	AxisDirect	Tradeplus
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	₹330 per crore (0.0033%) (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	₹330 per crore (0.0033%) (sale side)
Equity Futures	NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)	₹350 per crore (0.0035%)
Equity Options	NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)	₹7500 per crore (0.075%)(on premium)
Currency Futures	₹190 per Cr (0.0019%)	₹165 per crore (0.00165%)
Currency Options	₹5000 per Cr (0.05%) (on premium)	₹6000 (on premium) per crore (0.06%)
Commodity		₹400 (0.004%)
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AxisDirect Vs Tradeplus Leverage (Margin)

AxisDirect provides the margin of Upto 10x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

	AxisDirect	Tradeplus
Equity Delivery	100% (1x)	Upto 4X
Equity Intraday	Upto 10x	Upto 33X
Equity Futures	100% (1x)	Intraday leverage 2X | Cover Order Margin 3%
Equity Options	100% (1x)	Intraday Leverage of 2X
Currency Futures	100% (1x)	Intraday Leverage of 2X
Currency Options	100% (1x)	1X
Commodity Futures	3x	Intraday Leverage of 2X
Commodity Options	100% (1x)
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Compare AxisDirect and Tradeplus Features

The trading platforms offered AxisDirect include DirectTrade, Axisdirect Web, Axisdirect Mobile. Tradeplus offers INFINI, NSE NOW trading software.

	AxisDirect	Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	DirectTrade, Axisdirect Web, Axisdirect Mobile	INFINI, NSE NOW
Intraday Square-off Time	3:15
Other Features
Referral Program
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AxisDirect Vs Tradeplus Review

AxisDirect is rated 2.1 of 5 based on 61 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

	AxisDirect	Tradeplus
	61 Customer Reviews	31 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	AxisDirect is rated 2.1 of 5 based on 61 customer reviews	Tradeplus is rated 3.1 of 5 based on 31 customer reviews

AxisDirect Vs Tradeplus Investment Options

	AxisDirect	Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, ETF, Corporate FD

AxisDirect Vs Tradeplus Order Type Offered

	AxisDirect	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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AxisDirect Vs Tradeplus Research Report

	AxisDirect	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

AxisDirect Vs Tradeplus Suitable For Investor Type

	AxisDirect	Tradeplus
Casual Investor
Active Investor
Trader

AxisDirect Vs Tradeplus - Pros and Cons

	AxisDirect	Tradeplus
Pros	Offers 3-in-1 investment account Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts	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 ₹90 per month. Analysis tools available for intraday trading.
Cons	Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained. Charges ₹250 per month fee if you are not an axis bank customer. Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers Higher commodity and currency trading brokerage. Call & Trade is charged ₹20 extra per trade	Customer has to pay software charges. High call & trade charges. ₹1000 per month. Lower margin.
Reviews
Promo / Offers		Free Equity Delivery Trade + Flat ₹9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat ₹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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