Finvasia Vs Tradeplus (Compare Finvasia and Tradeplus)

Finvasia Vs Tradeplus

Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Finvasia	Tradeplus
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2013	1995
Number of Branches	1
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Finvasia Vs Tradeplus Charges & AMC

Finvasia trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0. Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC) and Tradeplus Demat Account AMC Charges is Rs 0.

	Finvasia	Tradeplus
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 0 per year (Lifetime Zero AMC)	Rs 0

Finvasia Vs Tradeplus Brokerage

Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0 whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Finvasia	Tradeplus
Account Type	Standard	Flat Zero brokerage Scheme
Fixed Charges	NA	As per segment
Equity Delivery	Rs 0	Rs 0 (Free)
Equity Intraday	Rs 0	NA
Equity Futures	Rs 0	Rs 799 per month (unlimited trading)
Equity Options	Rs 0	Rs 99 per month (unlimited trading)
Currency Futures	Rs 0	Rs 99 per month (unlimited trading)
Currency Options	Rs 0	Rs 99 per month (unlimited trading)
Commodity Futures	Rs 0	Rs 99 per month (unlimited trading)
Commodity Options	Rs 0	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

Finvasia Vs Tradeplus Brokerage Plan 2

	Finvasia	Tradeplus
Account Type	Standard	Flexi Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 0	Rs 0 (Free)
Equity Intraday	Rs 0	Lower of - Rs 9 per trade or 0.01%
Equity Futures	Rs 0	Rs 9 per executed order
Equity Options	Rs 0	Rs 9 per executed order
Currency Futures	Rs 0	Rs 9 per executed order
Currency Options	Rs 0	Rs 9 per executed order
Commodity Futures	Rs 0	Rs 9 per executed order
Commodity Options	Rs 0	Rs 9 per executed order
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Finvasia Charges Vs Tradeplus

Minimum Brokerage	Rs 0
Other Charges	Bracket Orders in NEST: Rs 99 per month	SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 0	Flat Rs 75 per day

Finvasia Vs Tradeplus Transaction Charges

Finvasia 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).

	Finvasia	Tradeplus
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (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	Rs 5000 per Cr (0.05%) (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	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 260 per Cr (0.0026%)	Rs 500 (0.005%)
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Finvasia Vs Tradeplus Leverage (Margin)

Finvasia 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.

	Finvasia	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 Finvasia and Tradeplus Features

The trading platforms offered Finvasia include Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto. Tradeplus offers INFINI, NSE NOW trading software.

	Finvasia	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	Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto	INFINI, NSE NOW
Intraday Square-off Time	3:15 PM
Other Features	Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Finvasia Vs Tradeplus Review

Finvasia is rated 4.6 of 5 based on 40 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Finvasia	Tradeplus
	40 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Finvasia is rated 4.6 of 5 based on 40 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Finvasia Vs Tradeplus Investment Options

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

Finvasia Vs Tradeplus Order Type Offered

	Finvasia	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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Finvasia Vs Tradeplus Research Report

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

Finvasia Vs Tradeplus Suitable For Investor Type

	Finvasia	Tradeplus
Casual Investor
Active Investor
Trader

Finvasia Vs Tradeplus - Pros and Cons

	Finvasia	Tradeplus
Pros	Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform. Doesn't charge any trade clearing charges. A variety of trading platforms are available for the trader to choose from. Provides trading API and support Algo trading tools. Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients. Call & trade is available for free to all the customers. GTC orders are available in MCX.	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	Scalpter, the web-based trading platform has only 1 min charting frame. Bracket orders are chargeable. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. Finvasia is an online stock broker. It doesn't have branch offices. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. Leverage offered is on the lower side in comparison with other discount brokers.	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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