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Fyers Vs Tradeplus (Compare Fyers and Tradeplus)

Fyers Securities Ltd Logo

About 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 (Navia Markets Ltd) Logo

About 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 Rs 90 per year. Tradeplus also offer Online Mutual... 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 1995, 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
Exchnage Membership NSE, MCX BSE, NSE, MCX
Year of Incorporation 2015 1995
Number of Branches 0
Open Fyers AccountOpen Tradeplus Account

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Fyers Vs Tradeplus Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 300 and Tradeplus Demat Account AMC Charges is Rs 0.

  Fyers Tradeplus
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 Rs 0

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Fyers Vs Tradeplus Brokerage

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

Account Type Fyers Flat Fee Brokerage Plan Tradeplus Flat Zero brokerage Scheme
Fixed Charges NA As per segment
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower NA
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 799 per month (unlimited trading)
Equity Options Rs 20 per executed order Rs 99 per month (unlimited trading)
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 99 per month (unlimited trading)
Currency Options Rs 20 per executed order Rs 99 per month (unlimited trading)
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 99 per month (unlimited trading)
Commodity Options Rs 20 per executed order Rs 99 per month (unlimited trading)
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Fyers Vs Tradeplus Brokerage Plan 2

  Fyers Tradeplus
Account Type Flat Fee Brokerage Plan Flexi Brokerage Plan
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower Lower of - Rs 9 per trade or 0.01%
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 9 per executed order
Equity Options Rs 20 per executed order Rs 9 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 9 per executed order
Currency Options Rs 20 per executed order Rs 9 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 9 per executed order
Commodity Options Rs 20 per executed order Rs 9 per executed order
Open Fyers AccountOpen Tradeplus Account

Fyers Charges Vs Tradeplus

Minimum Brokerage Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) SMS Charges: Rs 100 per segment.
Call & Trade Charges Rs 20 per trade Flat Rs 75 per day

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Fyers Vs Tradeplus Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

  Fyers 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 240 per Cr (0.0024%) Rs 360 per crore (0.0036%)
Equity Options Rs 5900 per Cr (on premium) (0.059%) Rs 7800 per crore (0.078%)(on premium)
Currency Futures Rs 240 per Cr (0.0024%) Rs 140 per crore (0.0014%)
Currency Options Rs 5900 per Cr (on premium) (0.059%) Rs 6000 (on premium) per crore (0.06%)
Commodity NA Rs 500 (0.005%)
Open Fyers AccountOpen Tradeplus Account

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Fyers Vs Tradeplus Leverage (Margin)

Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Fyers Tradeplus
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Fyers AccountOpen Tradeplus Account

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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 No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O)
Trading Platform Fyers One (In-house build) INFINI, NSE NOW
Intraday Square-off Time 3:20 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Brokerage free thematic investing is available
Open Fyers AccountOpen Tradeplus Account

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Fyers Vs Tradeplus Review

Fyers is rated 3.1 of 5 based on 30 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

  Fyers Tradeplus
  30 Customer Reviews    Rate Fyers 37 Customer Reviews    Rate Tradeplus
Fees 3.3 3.4
Brokerage 3.6 4.1
Trading Platform 3.2 2.8
Customer Service 3.1 2.6
Research Capabilities 2.3 1.8
Overall Ratings Rated 3.1 stars Rated 2.9 stars
Broker Rating Fyers is rated 3.1 of 5 based on 30 customer reviews Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  Fyers Enquire Tradeplus Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Fyers Vs Tradeplus Investment Options

  Fyers Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
Open Fyers AccountOpen Tradeplus Account

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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 Rs 20 per trade.
  • Free account opening.
  • 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 Rs 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. Rs 1000 per month.
  3. Lower margin.
Reviews
Promo / Offers

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
Open Fyers AccountOpen Tradeplus Account

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