Indiabulls Vs Tradeplus (Compare Indiabulls and Tradeplus)

Indiabulls Vs Tradeplus

Incorporated in 2000, Indiabulls is a Full Service Broker. It offers trading at BSE, NSE and MCX. It has 18 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Indiabulls	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE and MCX	BSE, NSE, MCX
Year of Incorporation	2000	1995
Number of Branches	18
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Indiabulls Vs Tradeplus Charges & AMC

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

	Indiabulls	Tradeplus
Trading Account Opening Charges	Rs 500	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 450	Rs 0

Indiabulls Vs Tradeplus Brokerage

Indiabulls brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Indiabulls	Tradeplus
Account Type	Equity Unlimited Trade	Flat Zero brokerage Scheme
Fixed Charges	Rs 1000	As per segment
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 0 (Free)	NA
Equity Futures	Rs 15 per trade	Rs 799 per month (unlimited trading)
Equity Options	Rs 15 per trade	Rs 99 per month (unlimited trading)
Currency Futures	Rs 15 per trade	Rs 99 per month (unlimited trading)
Currency Options	Rs 15 per trade	Rs 99 per month (unlimited trading)
Commodity Futures	0.03%	Rs 99 per month (unlimited trading)
Commodity Options	0.03%	Rs 99 per month (unlimited trading)
Special Offer	Special Offer: FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer	Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Indiabulls Vs Tradeplus Brokerage Plan 2

	Indiabulls	Tradeplus
Account Type	F&O Unlimited Trade	Flexi Brokerage Plan
Fixed Charges	Rs 1000	NA
Equity Delivery	Rs 15 per trade	Rs 0 (Free)
Equity Intraday	Rs 15 per trade	Lower of - Rs 9 per trade or 0.01%
Equity Futures	Rs 0 (Free)	Rs 9 per executed order
Equity Options	Rs 0 (Free)	Rs 9 per executed order
Currency Futures	Rs 0 (Free)	Rs 9 per executed order
Currency Options	Rs 0 (Free)	Rs 9 per executed order
Commodity Futures	0.03%	Rs 9 per executed order
Commodity Options	0.03%	Rs 9 per executed order
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Indiabulls Vs Tradeplus Brokerage Plan 3

	Indiabulls	Tradeplus
Account Type	Base Plan	Flat Zero brokerage Scheme
Fixed Charges	NA	As per segment
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 15 per executed order	NA
Equity Futures	Rs 15 per executed order	Rs 799 per month (unlimited trading)
Equity Options	Rs 15 per executed order	Rs 99 per month (unlimited trading)
Currency Futures	Rs 15 per executed order	Rs 99 per month (unlimited trading)
Currency Options	Rs 15 per executed order	Rs 99 per month (unlimited trading)
Commodity Futures	0.03%	Rs 99 per month (unlimited trading)
Commodity Options	0.03%	Rs 99 per month (unlimited trading)
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Indiabulls Charges Vs Tradeplus

Minimum Brokerage	Rs 0 (Unlimited Plan), Rs 15 (Per Trade Plan)
Other Charges		SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 0 (Free)	Flat Rs 75 per day

Indiabulls Vs Tradeplus Transaction Charges

Indiabulls transaction charges for options is Rs 5500 per crore (on premium) (0.055%) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	Indiabulls	Tradeplus
Equity Delivery	Rs 325 per crore (0.00325%)	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	Rs 325 per crore (0.00325%)	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	Rs 250 per crore (0.0025%)	Rs 360 per crore (0.0036%)
Equity Options	Rs 5500 per crore (on premium) (0.055%)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	Rs 250 per crore (0.0025%)	Rs 140 per crore (0.0014%)
Currency Options	Rs 5500 per crore (on premium) (0.055%)	Rs 6000 (on premium) per crore (0.06%)
Commodity		Rs 500 (0.005%)
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Indiabulls Vs Tradeplus Leverage (Margin)

Indiabulls 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.

	Indiabulls	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 Indiabulls and Tradeplus Features

The trading platforms offered Indiabulls include SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB). Tradeplus offers INFINI, NSE NOW trading software.

	Indiabulls	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	SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)	INFINI, NSE NOW
Intraday Square-off Time
Other Features	Live News, World market summary
Referral Program
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Indiabulls Vs Tradeplus Review

Indiabulls is rated 3.2 of 5 based on 50 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Indiabulls	Tradeplus
	50 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indiabulls is rated 3.2 of 5 based on 50 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Indiabulls Vs Tradeplus Investment Options

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

Indiabulls Vs Tradeplus Order Type Offered

	Indiabulls	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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Indiabulls Vs Tradeplus Research Report

	Indiabulls	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Indiabulls Vs Tradeplus Suitable For Investor Type

	Indiabulls	Tradeplus
Casual Investor
Active Investor
Trader

Indiabulls Vs Tradeplus - Pros and Cons

	Indiabulls	Tradeplus
Pros	Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades. Interest-free Margin Funding in Unlimited Trading plan. Margin funding is available at a low cost of 12% per annum in Rs 15/trade plan. Free trading software. Free research reports and trading tips to all the customers. Years of experience, trust and good track record in stock broker business.	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	Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App. Local branch support is not available to online customers. Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans. Margin against share is not available in Unlimited Trading Plans.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers	Limited Time Offer - FREE Unlimited Trading for 1st Month (Rs 1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order. Get this limited time offer	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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