Indira Securities Vs Tradeplus (Compare Indira Securities and Tradeplus)

Indira Securities Vs Tradeplus

Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Indira Securities	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX and NCDEX	BSE, NSE, MCX
Account Type	Traditional Plan	Infinite Trading Plans
Year of Incorporation	1987
Number of Branches	335
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Indira Securities Vs Tradeplus Charges & AMC

Indira Securities trading account opening charges is ₹0 (Free) while Tradeplus account opening changes is ₹199. Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year) and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

	Indira Securities	Tradeplus
Trading Account Opening Charges	₹0 (Free)	₹199
Trading Account AMC Charges	₹0 (Free)	₹0
Demat Account Opening Charges	₹0 (Free)	₹0
Demat Account AMC Charges	₹450 (Free for 1st year)	₹500 (5 years)

Indira Securities Vs Tradeplus Brokerage

Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01% whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

	Indira Securities	Tradeplus
Account Type	Traditional Plan	Infinite Trading Plans
Fixed Charges	NA
Equity Delivery Brokerage	0.10%	₹0 (Free)
Equity Intraday Brokerage	0.01%	0.01%
Equity Futures Brokerage	0.01%	₹799 per month (unlimited trading)
Equity Options Brokerage	₹25 per lot (both side)	₹99 per month (unlimited trading)
Currency Futures Trading Brokerage	0.01%	₹99 per month (unlimited trading)
Currency Options Trading Brokerage	₹25 per lot (both side)	₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage	0.01%	₹99 per month (unlimited trading)
Commodity Options Trading Brokerage	₹25 per lot (both side)
Special Offer	Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer	Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

Indira Securities Vs Tradeplus Brokerage Plan 2

	Indira Securities	Tradeplus
Account Type	Discount Brokerage Plan	General Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	₹20 per executed order	₹0 (Free)
Equity Intraday Brokerage	₹20 per executed order	0.01%
Equity Futures Brokerage	₹20 per executed order	0.01%
Equity Options Brokerage	₹20 per executed order	₹60 per lot
Currency Futures Trading Brokerage	₹20 per executed order	₹20 per lot
Currency Options Trading Brokerage	₹20 per executed order	₹60 per lot
Commodity Futures Trading Brokerage	₹20 per executed order	0.01%
Commodity Options Trading Brokerage	₹20 per executed order

Indira Securities Charges Vs Tradeplus

Minimum Brokerage Charges	₹20 per executed order
Other Brokerage Charges		SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges	₹0 (Free)	Flat ₹75 per day

Indira Securities Vs Tradeplus Transaction Charges

Indira Securities transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium) while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

	Indira Securities	Tradeplus
Equity Delivery	NSE ₹325 per Cr (0.00325%)	₹330 per crore (0.0033%) (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%)	₹330 per crore (0.0033%) (sale side)
Equity Futures	NSE ₹190 per Cr (0.0019%)	₹350 per crore (0.0035%)
Equity Options	NSE ₹5000 per Cr (0.05%) (on premium)	₹7500 per crore (0.075%)(on premium)
Currency Futures	NSE ₹120 per Cr (0.0012%)	₹165 per crore (0.00165%)
Currency Options	NSE ₹500 per Cr (0.005%) (on premium)	₹6000 (on premium) per crore (0.06%)
Commodity	Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)	₹400 (0.004%)

Indira Securities Vs Tradeplus Leverage (Margin)

Indira Securities provides the margin of Up to 10x (based on the stock) for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

	Indira Securities	Tradeplus
Equity Delivery	1x (no margin)	Upto 4X
Equity Intraday	Up to 10x (based on the stock)	Upto 33X
Equity Futures	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)	Intraday leverage 2X | Cover Order Margin 3%
Equity Options	1x (no margin)	Intraday Leverage of 2X
Currency Futures	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)	Intraday Leverage of 2X
Currency Options	1x (no margin)	1X
Commodity Futures	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)	Intraday Leverage of 2X
Commodity Options	1x (no margin)

Compare Indira Securities and Tradeplus Features

The trading platforms offered Indira Securities include ODIN. Tradeplus offers INFINI, NSE NOW trading software.

	Indira Securities	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	ODIN	INFINI, NSE NOW
Intraday Square-off Time	3:15 PM
Other Features
Referral Program

Indira Securities Vs Tradeplus Review

Indira Securities is rated 4.5 of 5 based on 2 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

	Indira Securities	Tradeplus
	2 Customer Reviews	31 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Indira Securities is rated 4.5 of 5 based on 2 customer reviews	Tradeplus is rated 3.1 of 5 based on 31 customer reviews

Indira Securities Vs Tradeplus Investment Options

	Indira Securities	Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Indira Securities Vs Tradeplus Order Type Offered

	Indira Securities	Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Indira Securities Vs Tradeplus Research Report

	Indira Securities	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Indira Securities Vs Tradeplus Suitable For Investor Type

	Indira Securities	Tradeplus
Casual Investor
Active Investor
Trader

Indira Securities Vs Tradeplus - Pros and Cons

	Indira Securities	Tradeplus
Pros	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.	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	Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.	Customer has to pay software charges. High call & trade charges. ₹1000 per month. Lower margin.
Reviews
Promo / Offers	Free Equity Delivery Trading Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website	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.