Fyers Vs Tradeplus (Compare Fyers and Tradeplus)

The side-by-side comparison of Fyers and Tradeplus. Compare Fyers Vs Tradeplus brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Fyers vs Tradeplus?


Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd


Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of ₹90 per year. Tradeplus also offer Online Mutual F... Know more about Tradeplus (Navia Markets Ltd)

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Fyers Vs Tradeplus

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Fyers Tradeplus
Type of Broker Discount Broker Discount Broker
Supported Exchnages NSE, MCX BSE, NSE, MCX
Account Type Flat Fee Brokerage Plan Infinite Trading Plans
Year of Incorporation 2015
Number of Branches 0
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
Enquire FyersEnquire Tradeplus
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Fyers Vs Tradeplus Charges & AMC

Fyers trading account opening charges is ₹400 (Free) while Tradeplus account opening changes is ₹199. Fyers Demat Account AMC Charges is ₹300 and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  Fyers Tradeplus
Trading Account Opening Charges ₹400 (Free) ₹199
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹300 ₹500 (5 years)
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Fyers Vs Tradeplus Brokerage Charges & Plans

Fyers Vs Tradeplus Brokerage

Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

  Fyers Tradeplus
Account Type Flat Fee Brokerage Plan Infinite Trading Plans
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower ₹799 per month (unlimited trading)
Equity Options Brokerage ₹20 per executed order ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹20 per executed order ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage ₹20 per executed order
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

Fyers Vs Tradeplus Brokerage Plan 2

  Fyers Tradeplus
Account Type Flat Fee Brokerage Plan General Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Equity Options Brokerage ₹20 per executed order ₹60 per lot
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹20 per lot
Currency Options Trading Brokerage ₹20 per executed order ₹60 per lot
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹20 per executed order
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Fyers Charges Vs Tradeplus

Minimum Brokerage Charges Intra-day: ₹7 or 2.5% whichever is lower
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments) SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges ₹20 per trade Flat ₹75 per day
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Fyers Vs Tradeplus Transaction Charges

Fyers transaction charges for options is ₹5900 per Cr (on premium) (0.059%) while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

  Fyers Tradeplus
Equity Delivery ₹325 per Cr (0.00325%) ₹330 per crore (0.0033%) (each side)
Equity Intraday ₹325 per Cr (0.00325%) ₹330 per crore (0.0033%) (sale side)
Equity Futures ₹240 per Cr (0.0024%) ₹350 per crore (0.0035%)
Equity Options ₹5900 per Cr (on premium) (0.059%) ₹7500 per crore (0.075%)(on premium)
Currency Futures ₹240 per Cr (0.0024%) ₹165 per crore (0.00165%)
Currency Options ₹5900 per Cr (on premium) (0.059%) ₹6000 (on premium) per crore (0.06%)
Commodity NA ₹400 (0.004%)
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Fyers Vs Tradeplus Leverage (Margin)

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  Fyers Tradeplus
Equity Delivery 1 times Upto 4X
Equity Intraday Up to 16x (based on the stock) Upto 33X
Equity Futures Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday leverage 2X | Cover Order Margin 3%
Equity Options Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x Intraday Leverage of 2X
Currency Futures Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday Leverage of 2X
Currency Options Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling) 1X
Commodity Futures NA Intraday Leverage of 2X
Commodity Options
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Compare Fyers and Tradeplus Features

The trading platforms offered Fyers include Fyers One (In-house build). Tradeplus offers INFINI, NSE NOW trading software.

  Fyers Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Fyers One (In-house build) INFINI, NSE NOW
Intraday Square-off Time 3:20 PM
Other Features Brokerage free thematic investing is available
Referral Program Yes
Enquire FyersEnquire Tradeplus
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Fyers Vs Tradeplus Review

Fyers is rated 4.0 of 5 based on 14 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

  Fyers Tradeplus
  14 Customer Reviews    Rate Fyers 31 Customer Reviews    Rate Tradeplus
Fees 3.6 3.5
Trading Brokerage 4.0 4.1
Trading Platform Usability 3.6 2.9
Customer Service 4.3 2.7
Research Capabilities 2.0 2.2
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating Fyers is rated 4.0 of 5 based on 14 customer reviews Tradeplus is rated 3.1 of 5 based on 31 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire Tradeplus Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

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Fyers Vs Tradeplus Investment Options

  Fyers Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Fyers Vs Tradeplus Order Type Offered

  Fyers Tradeplus
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Fyers Vs Tradeplus Research Report

  Fyers Tradeplus
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Fyers Vs Tradeplus Suitable For Investor Type

  Fyers Tradeplus
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Fyers Vs Tradeplus - Pros and Cons

  Fyers Tradeplus
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum ₹20 per trade.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or ₹90 per month.
  4. Analysis tools available for intraday trading.
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
Reviews
Promo / Offers

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.

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.

Enquire FyersEnquire Tradeplus

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