HDFC Securities Vs Tradeplus (Compare HDFC Securities and Tradeplus)

HDFC Securities Vs Tradeplus

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	HDFC Securities	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2002	1995
Number of Branches	270
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HDFC Securities Vs Tradeplus Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Tradeplus account opening changes is Rs 0. HDFC Securities Demat Account AMC Charges is Rs 750 and Tradeplus Demat Account AMC Charges is Rs 0.

	HDFC Securities	Tradeplus
Trading Account Opening Charges	Rs 999	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 750	Rs 0

HDFC Securities Vs Tradeplus Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	HDFC Securities	Tradeplus
Account Type	Online Trading	Flat Zero brokerage Scheme
Fixed Charges	NA	As per segment
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	NA
Equity Futures	0.05%	Rs 799 per month (unlimited trading)
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 99 per month (unlimited trading)
Currency Futures	Rs 23 per contract	Rs 99 per month (unlimited trading)
Currency Options	Rs 20 per contract	Rs 99 per month (unlimited trading)
Commodity Futures	0.02% for Intraday / 0.025% for positional	Rs 99 per month (unlimited trading)
Commodity Options	0.02% for Intraday / 0.025% for positional	Rs 99 per month (unlimited trading)
Special Offer	Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.	Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

HDFC Securities Vs Tradeplus Brokerage Plan 2

	HDFC Securities	Tradeplus
Account Type	Online Trading	Flexi Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.05%	Rs 9 per executed order
Equity Options	Rs 100 per lot or 1% of the premium (whichever is higher)	Rs 9 per executed order
Currency Futures	Rs 23 per contract	Rs 9 per executed order
Currency Options	Rs 20 per contract	Rs 9 per executed order
Commodity Futures	0.02% for Intraday / 0.025% for positional	Rs 9 per executed order
Commodity Options	0.02% for Intraday / 0.025% for positional	Rs 9 per executed order
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HDFC Securities Charges Vs Tradeplus

Minimum Brokerage	Rs 25 plus taxes
Other Charges		SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 0	Flat Rs 75 per day

HDFC Securities Vs Tradeplus Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	HDFC Securities	Tradeplus
Equity Delivery	0.00325%	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	0.00325%	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	.00190%	Rs 360 per crore (0.0036%)
Equity Options	0.050% (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	0.00110%	Rs 140 per crore (0.0014%)
Currency Options	0.040% (on premium)	Rs 6000 (on premium) per crore (0.06%)
Commodity	NA	Rs 500 (0.005%)
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HDFC Securities Vs Tradeplus Leverage (Margin)

HDFC Securities 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.

	HDFC Securities	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 HDFC Securities and Tradeplus Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Tradeplus offers INFINI, NSE NOW trading software.

	HDFC Securities	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	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	INFINI, NSE NOW
Intraday Square-off Time	3:30 PM
Other Features	E-Margin, ENCASH,
Referral Program
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HDFC Securities Vs Tradeplus Review

HDFC Securities is rated 2.2 of 5 based on 207 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	HDFC Securities	Tradeplus
	207 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 207 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

HDFC Securities Vs Tradeplus Investment Options

	HDFC Securities	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

HDFC Securities Vs Tradeplus Order Type Offered

	HDFC Securities	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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HDFC Securities Vs Tradeplus Research Report

	HDFC Securities	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

HDFC Securities Vs Tradeplus Suitable For Investor Type

	HDFC Securities	Tradeplus
Casual Investor
Active Investor
Trader

HDFC Securities Vs Tradeplus - Pros and Cons

	HDFC Securities	Tradeplus
Pros	The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.	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	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers	HDFC 3-in-1 Account HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account. Interested in opening a trading account? Request Callback from a stock broker.	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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