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IDBI Capital Vs Tradeplus (Compare IDBI Capital and Tradeplus)

IDBI Capital Markets and Securities Ltd Logo

About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital of... Know more about IDBI Capital Markets and 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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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
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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

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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.

Account Type IDBI Capital Standard Plan Tradeplus 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
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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

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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%)
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IDBI Capital Vs Tradeplus Leverage (Margin)

IDBI Capital 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.

  IDBI Capital 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)
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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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
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 2.7 of 5 based on 40 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

  IDBI Capital Tradeplus
  40 Customer Reviews    Rate IDBI Capital 37 Customer Reviews    Rate Tradeplus
Fees 3.2 3.4
Brokerage 2.6 4.1
Trading Platform 2.6 2.8
Customer Service 2.8 2.6
Research Capabilities 2.7 1.8
Overall Ratings Rated 2.7 stars Rated 2.9 stars
Broker Rating IDBI Capital is rated 2.7 of 5 based on 40 customer reviews Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital Enquire Tradeplus Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

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IDBI Capital Vs Tradeplus Investment Options

  IDBI Capital Tradeplus
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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IDBI Capital Vs Tradeplus Order Type Offered

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

  IDBI Capital Tradeplus
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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IDBI Capital Vs Tradeplus Suitable For Investor Type

  IDBI Capital Tradeplus
Casual Investor Yes
Active Investor Yes
Trader Yes

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IDBI Capital Vs Tradeplus - Pros and Cons

  IDBI Capital Tradeplus
Pros - Prepaid plans are available for volume traders.
  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 - Additional charge of Rs 2000 per year for installable trading platform.
  1. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. 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.

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