iTradeOnline Vs Tradeplus (Compare iTradeOnline and Tradeplus)

The side-by-side comparison of iTradeOnline and Tradeplus. Compare iTradeOnline Vs Tradeplus brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best iTradeOnline vs Tradeplus?


iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available f... Know more about iTradeOnline by Trustline


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 ₹90 per year. Tradeplus also offer Online Mutual F... Know more about Tradeplus (Navia Markets Ltd)

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iTradeOnline Vs Tradeplus

Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  iTradeOnline Tradeplus
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Pay Per Trade Infinite Trading Plans
Year of Incorporation
Number of Branches
Broker Enquiry Open an Online Trading Account with iTradeOnline. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
Enquire iTradeOnlineEnquire Tradeplus
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iTradeOnline Vs Tradeplus Charges & AMC

iTradeOnline trading account opening charges is ₹0 (Free) while Tradeplus account opening changes is ₹199. iTradeOnline Demat Account AMC Charges is Regular Demat: ₹300, Lifetime free AMC Demat: ₹0 and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  iTradeOnline Tradeplus
Trading Account Opening Charges ₹0 (Free) ₹199
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges Regular: ₹0, Lifetime Free AMC: ₹1000 ₹0
Demat Account AMC Charges Regular Demat: ₹300, Lifetime free AMC Demat: ₹0 ₹500 (5 years)
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iTradeOnline Vs Tradeplus Brokerage Charges & Plans

iTradeOnline Vs Tradeplus Brokerage

iTradeOnline brokerage charges for equity is ₹20 per executed order or .01% whichever is lower and intraday is ₹20 per executed order or .01% whichever is lower whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

  iTradeOnline Tradeplus
Account Type Pay Per Trade Infinite Trading Plans
Fixed Charges ₹0
Equity Delivery Brokerage ₹20 per executed order or .01% whichever is lower ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹799 per month (unlimited trading)
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage
Special Offer
Special Offer: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

iTradeOnline Vs Tradeplus Brokerage Plan 2

  iTradeOnline Tradeplus
Account Type Pay Per Trade General Brokerage Plan
Fixed Charges ₹0 NA
Equity Delivery Brokerage ₹20 per executed order or .01% whichever is lower ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹60 per lot
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per lot
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹60 per lot
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Commodity Options Trading Brokerage
Enquire iTradeOnlineEnquire Tradeplus

iTradeOnline Charges Vs Tradeplus

Minimum Brokerage Charges ₹0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: ₹20 SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges ₹0 (Free) Flat ₹75 per day
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iTradeOnline Vs Tradeplus Transaction Charges

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

  iTradeOnline Tradeplus
Equity Delivery NSE ₹325 per crore | BSE ₹1.5/trade (each side) ₹330 per crore (0.0033%) (each side)
Equity Intraday NSE ₹325 per crore | BSE ₹1.5/trade (each side) ₹330 per crore (0.0033%) (sale side)
Equity Futures NSE ₹190 per crore (0.0019%) ₹350 per crore (0.0035%)
Equity Options NSE ₹5000 per crore (0.05%) ₹7500 per crore (0.075%)(on premium)
Currency Futures NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%) ₹165 per crore (0.00165%)
Currency Options NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500 ₹6000 (on premium) per crore (0.06%)
Commodity MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%) ₹400 (0.004%)
Enquire iTradeOnlineEnquire Tradeplus
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iTradeOnline Vs Tradeplus Leverage (Margin)

iTradeOnline provides the margin of Upto 20x (based on the stock) for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  iTradeOnline Tradeplus
Equity Delivery Upto 5x (based on the stock) Upto 4X
Equity Intraday Upto 20x (based on the stock) Upto 33X
Equity Futures Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday leverage 2X | Cover Order Margin 3%
Equity Options Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday Leverage of 2X
Currency Futures Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday Leverage of 2X
Currency Options Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1X
Commodity Futures Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span Intraday Leverage of 2X
Commodity Options Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Enquire iTradeOnlineEnquire Tradeplus
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Compare iTradeOnline and Tradeplus Features

The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. Tradeplus offers INFINI, NSE NOW trading software.

  iTradeOnline Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. INFINI, NSE NOW
Intraday Square-off Time Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
Enquire iTradeOnlineEnquire Tradeplus
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iTradeOnline Vs Tradeplus Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 30 customer reviews.

  iTradeOnline Tradeplus
  7 Customer Reviews    Rate iTradeOnline 30 Customer Reviews    Rate Tradeplus
Fees 3.9 3.6
Trading Brokerage 4.1 4.2
Trading Platform Usability 3.9 3.0
Customer Service 3.7 2.8
Research Capabilities 1.0 2.5
Overall Ratings Rated 4.0 stars Rated 3.1 stars
Broker Rating iTradeOnline is rated 4.0 of 5 based on 7 customer reviews Tradeplus is rated 3.1 of 5 based on 30 customer reviews
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Contact Broker / Request A Call Back

  iTradeOnline Enquire Tradeplus Enquire
Contact Broker

Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

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iTradeOnline Vs Tradeplus Investment Options

  iTradeOnline Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
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iTradeOnline Vs Tradeplus Order Type Offered

  iTradeOnline Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Enquire iTradeOnlineEnquire Tradeplus
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iTradeOnline Vs Tradeplus Research Report

  iTradeOnline Tradeplus
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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iTradeOnline Vs Tradeplus Suitable For Investor Type

  iTradeOnline Tradeplus
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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iTradeOnline Vs Tradeplus - Pros and Cons

  iTradeOnline Tradeplus
Pros
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Research based fundamental and technical analysis available to all the customers.
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.
  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 ₹90 per month.
  4. Analysis tools available for intraday trading.
Cons
  • Separate account needed for Mutual Funds investment.
  • For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API's are now available.
  • Opening demat account along with the trading account is mandatory.
  • No extra charge for intraday or expiry positions closed by the broker.
  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
Reviews
Promo / Offers

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

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.

Enquire iTradeOnlineEnquire Tradeplus

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