IDBI Capital Vs Tradeplus (Compare IDBI Capital and Tradeplus)

IDBI Capital Vs Tradeplus

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	IDBI Capital	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, NSDL	BSE, NSE, MCX
Year of Incorporation	1993	1995
Number of Branches	14
	Enquire IDBI Capital	Enquire Tradeplus

IDBI Capital Vs Tradeplus Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Tradeplus account opening changes is Rs 0. IDBI Capital Demat Account AMC Charges is Rs 450 and Tradeplus Demat Account AMC Charges is Rs 0.

	IDBI Capital	Tradeplus
Trading Account Opening Charges	Rs 500	Rs 0
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0
Demat Account AMC Charges	Rs 450	Rs 0

IDBI Capital Vs Tradeplus Brokerage

IDBI Capital 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.

	IDBI Capital	Tradeplus
Account Type	Standard Plan	Flat Zero brokerage Scheme
Fixed Charges		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	Rs 99 per month (unlimited trading)
Currency Futures	NA	Rs 99 per month (unlimited trading)
Currency Options	NA	Rs 99 per month (unlimited trading)
Commodity Futures	NA	Rs 99 per month (unlimited trading)
Commodity Options	NA	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

IDBI Capital Vs Tradeplus Brokerage Plan 2

	IDBI Capital	Tradeplus
Account Type	Ace Trader Plan	Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.10% to 0.50%	Rs 0 (Free)
Equity Intraday	0.020% to 0.050%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.020% to 0.048%	Rs 9 per executed order
Equity Options	Rs 100 per lot	Rs 9 per executed order
Currency Futures		Rs 9 per executed order
Currency Options		Rs 9 per executed order
Commodity Futures		Rs 9 per executed order
Commodity Options		Rs 9 per executed order
	Enquire IDBI Capital	Enquire Tradeplus

IDBI Capital Charges Vs Tradeplus

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower.
Other Charges		SMS Charges: Rs 100 per segment.
Call & Trade Charges	Nil	Flat Rs 75 per day

IDBI Capital Vs Tradeplus Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	IDBI Capital	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	0.0019%	Rs 360 per crore (0.0036%)
Equity Options	0.051% on premium	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	NA	Rs 140 per crore (0.0014%)
Currency Options	NA	Rs 6000 (on premium) per crore (0.06%)
Commodity	NA	Rs 500 (0.005%)
	Enquire IDBI Capital	Enquire Tradeplus

IDBI Capital Vs Tradeplus Leverage (Margin)

IDBI Capital 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.

	IDBI Capital	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)
	Enquire IDBI Capital	Enquire Tradeplus

Compare IDBI Capital and Tradeplus Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Tradeplus offers INFINI, NSE NOW trading software.

	IDBI Capital	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	Power Pro, Power Streaming, IDBI Direct	INFINI, NSE NOW
Intraday Square-off Time	3:00 PM
Other Features	Morning Report, Equity SIP, Investment Guide
Referral Program
	Enquire IDBI Capital	Enquire Tradeplus

IDBI Capital Vs Tradeplus Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	IDBI Capital	Tradeplus
	40 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.7 of 5 based on 40 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

IDBI Capital Vs Tradeplus Investment Options

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

IDBI Capital Vs Tradeplus Order Type Offered

	IDBI Capital	Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire IDBI Capital	Enquire Tradeplus

IDBI Capital Vs Tradeplus Research Report

	IDBI Capital	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IDBI Capital Vs Tradeplus Suitable For Investor Type

	IDBI Capital	Tradeplus
Casual Investor
Active Investor
Trader

IDBI Capital Vs Tradeplus - Pros and Cons

	IDBI Capital	Tradeplus
Pros	- Prepaid plans are available for volume traders.	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	- Additional charge of Rs 2000 per year for installable trading platform.	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.
	Enquire IDBI Capital	Enquire Tradeplus