Edelweiss Vs Tradeplus (Compare Edelweiss and Tradeplus)

Edelweiss Vs Tradeplus

Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Edelweiss	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	2002	1995
Number of Branches	237
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Edelweiss Vs Tradeplus Charges & AMC

Edelweiss trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0. Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free) and Tradeplus Demat Account AMC Charges is Rs 0.

	Edelweiss	Tradeplus
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 500 (1st Year Free)	Rs 0

Edelweiss Vs Tradeplus Brokerage

Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Edelweiss	Tradeplus
Account Type	Edelweiss Lite	Flat Zero brokerage Scheme
Fixed Charges	NA	As per segment
Equity Delivery	Rs 10 per executed order	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	NA
Equity Futures	Rs 10 per executed order	Rs 799 per month (unlimited trading)
Equity Options	Rs 10 per executed order	Rs 99 per month (unlimited trading)
Currency Futures	Rs 10 per executed order	Rs 99 per month (unlimited trading)
Currency Options	Rs 10 per executed order	Rs 99 per month (unlimited trading)
Commodity Futures		Rs 99 per month (unlimited trading)
Commodity Options		Rs 99 per month (unlimited trading)
Special Offer	Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.	Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Edelweiss Vs Tradeplus Brokerage Plan 2

	Edelweiss	Tradeplus
Account Type	Edelweiss Elite	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 75 per lot	Rs 9 per executed order
Currency Futures	0.02%	Rs 9 per executed order
Currency Options	Rs 22 per lot	Rs 9 per executed order
Commodity Futures		Rs 9 per executed order
Commodity Options		Rs 9 per executed order
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Edelweiss Charges Vs Tradeplus

Minimum Brokerage	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges	Margin Funding: 0.08%/day, Research: Rs 50 per month,	SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 20 per call	Flat Rs 75 per day

Edelweiss Vs Tradeplus Transaction Charges

Edelweiss transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	Edelweiss	Tradeplus
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)	Rs 360 per crore (0.0036%)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)	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		Rs 500 (0.005%)
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Edelweiss Vs Tradeplus Leverage (Margin)

Edelweiss 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.

	Edelweiss	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 Edelweiss and Tradeplus Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. Tradeplus offers INFINI, NSE NOW trading software.

	Edelweiss	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	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress	INFINI, NSE NOW
Intraday Square-off Time	3:00 PM
Other Features
Referral Program
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Edelweiss Vs Tradeplus Review

Edelweiss is rated 3.0 of 5 based on 65 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Edelweiss	Tradeplus
	65 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Edelweiss is rated 3.0 of 5 based on 65 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Edelweiss Vs Tradeplus Investment Options

	Edelweiss	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Edelweiss Vs Tradeplus Order Type Offered

	Edelweiss	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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Edelweiss Vs Tradeplus Research Report

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

Edelweiss Vs Tradeplus Suitable For Investor Type

	Edelweiss	Tradeplus
Casual Investor
Active Investor
Trader

Edelweiss Vs Tradeplus - Pros and Cons

	Edelweiss	Tradeplus
Pros	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.	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	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers	Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only) Flat Rs 10 per trade across all segments. FREE Research and Trading Tips. Margin against share and Margin Funding available. It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.	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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