IDBI Capital Vs Tradeplus (Compare IDBI Capital and Tradeplus)
The side-by-side comparison of IDBI Capital and Tradeplus. Compare IDBI Capital Vs Tradeplus brokerage, charges, exposure margin, demat account. Read Tradeplus and IDBI Capital review.
Find out IDBI Capital Vs Tradeplus which is better and IDBI Capital Vs Tradeplus which is best.
Our IDBI Capital Markets and Securities Ltd comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between IDBI Capital and Tradeplus.
IDBI Capital Vs Tradeplus
IDBI Capital
Tradeplus
Find more info about broker
About the Broker
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 Part...
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 ...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, NSDL
BSE, NSE, MCX
Account Type
Standard Plan
Infinite Trading Plans
Broker Enquiry
Year of Incorporation
1993
Number of Branches
14
Enquire IDBI Capital
Enquire Tradeplus
IDBI Capital Vs Tradeplus Charges
IDBI Capital
Tradeplus
Trading Account Opening Fees
₹500
₹199
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0
Demat Account AMC
₹450
₹500 (5 years)
Demat Account is Mandatory?
No
No
IDBI Capital Vs Tradeplus Brokerage
Brokerage Plan 1
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
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
Other Charges
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 Taxes
IDBI Capital
Tradeplus
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
IDBI Capital Vs Tradeplus Transaction Charges
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%)
IDBI Capital Vs Tradeplus Exposure Margin
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
IDBI Capital and Tradeplus Feature Comparison
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
IDBI Capital Vs Tradeplus Review
IDBI Capital
Tradeplus
37 Customer Reviews
24 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews Tradeplus is Rated 3.1 / 5 based on 24 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 Customer Service
IDBI Capital
Tradeplus
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
IDBI Capital
Tradeplus
Pros
- Prepaid plans are available for volume traders.
More Advantages...
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.
More Advantages...
Cons
- Additional charge of ₹2000 per year for installable trading platform.
More Disadvantages...
Customer has to pay software charges.
High call & trade charges. ₹1000 per month.
Lower margin.
More Disadvantages...
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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