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 , 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
Supported Exchnages	BSE, NSE, NSDL	BSE, NSE, MCX
Account Type	Standard Plan	Infinite Trading Plans
Year of Incorporation	1993
Number of Branches	14
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IDBI Capital Vs Tradeplus Charges & AMC

IDBI Capital trading account opening charges is ₹500 while Tradeplus account opening changes is ₹199. IDBI Capital Demat Account AMC Charges is ₹450 and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

	IDBI Capital	Tradeplus
Trading Account Opening Charges	₹500	₹199
Trading Account AMC Charges	NIL	₹0
Demat Account Opening Charges	NIL	₹0
Demat Account AMC Charges	₹450	₹500 (5 years)

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 ₹0 (Free) and intraday is 0.01%.

	IDBI Capital	Tradeplus
Account Type	Standard Plan	Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage	0.50%	₹0 (Free)
Equity Intraday Brokerage	0.05%	0.01%
Equity Futures Brokerage	0.05%	₹799 per month (unlimited trading)
Equity Options Brokerage	₹100 per lot	₹99 per month (unlimited trading)
Currency Futures Trading Brokerage	NA	₹99 per month (unlimited trading)
Currency Options Trading Brokerage	NA	₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage	NA	₹99 per month (unlimited trading)
Commodity Options Trading Brokerage	NA
Special Offer		Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹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	General Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.10% to 0.50%	₹0 (Free)
Equity Intraday Brokerage	0.020% to 0.050%	0.01%
Equity Futures Brokerage	0.020% to 0.048%	0.01%
Equity Options Brokerage	₹100 per lot	₹60 per lot
Currency Futures Trading Brokerage		₹20 per lot
Currency Options Trading Brokerage		₹60 per lot
Commodity Futures Trading Brokerage		0.01%
Commodity Options Trading Brokerage
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IDBI Capital Charges Vs Tradeplus

Minimum Brokerage Charges	₹25 per trade or 2.5% of the trade value whichever is lower.
Other Brokerage Charges		SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges	Nil	Flat ₹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 ₹7500 per crore (0.075%)(on premium).

	IDBI Capital	Tradeplus
Equity Delivery	0.00325%	₹330 per crore (0.0033%) (each side)
Equity Intraday	0.00325%	₹330 per crore (0.0033%) (sale side)
Equity Futures	0.0019%	₹350 per crore (0.0035%)
Equity Options	0.051% on premium	₹7500 per crore (0.075%)(on premium)
Currency Futures	NA	₹165 per crore (0.00165%)
Currency Options	NA	₹6000 (on premium) per crore (0.06%)
Commodity	NA	₹400 (0.004%)
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IDBI Capital Vs Tradeplus Leverage (Margin)

IDBI Capital provides the margin of Upto 4x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

	IDBI Capital	Tradeplus
Equity Delivery	Nil	Upto 4X
Equity Intraday	Upto 4x	Upto 33X
Equity Futures	Nil	Intraday leverage 2X | Cover Order Margin 3%
Equity Options	Nil	Intraday Leverage of 2X
Currency Futures	Nil	Intraday Leverage of 2X
Currency Options	Nil	1X
Commodity Futures	Nil	Intraday Leverage of 2X
Commodity Options
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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 Available
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
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IDBI Capital Vs Tradeplus Review

IDBI Capital is rated 2.8 of 5 based on 37 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

	IDBI Capital	Tradeplus
	37 Customer Reviews	31 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.8 of 5 based on 37 customer reviews	Tradeplus is rated 3.1 of 5 based on 31 customer reviews

IDBI Capital Vs Tradeplus Investment Options

	IDBI Capital	Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (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)
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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 ₹90 per month. Analysis tools available for intraday trading.
Cons	- Additional charge of ₹2000 per year for installable trading platform.	Customer has to pay software charges. High call & trade charges. ₹1000 per month. Lower margin.
Reviews
Promo / Offers		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.
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