iTradeOnline Vs Tradeplus (Compare iTradeOnline and 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 Rs 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... 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 Rs 90 per year. Tradeplus also offer Online Mutual... Know more about Tradeplus (Navia Markets Ltd)

Expand

iTradeOnline Vs Tradeplus

Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 1995, 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
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 1995
Number of Branches
Open an Online Trading Account with iTradeOnline.Open an Online Trading Account with Tradeplus.
Enquire iTradeOnlineEnquire Tradeplus
Expand

iTradeOnline Vs Tradeplus Charges & AMC

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

  iTradeOnline Tradeplus
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Regular: Rs 0, Lifetime Free AMC: Rs 1000 Rs 0
Demat Account AMC Charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 Rs 0
Expand

iTradeOnline Vs Tradeplus Brokerage Charges & Plans

iTradeOnline Vs Tradeplus Brokerage

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

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

iTradeOnline Vs Tradeplus Brokerage Plan 2

  iTradeOnline Tradeplus
Account Type Pay Per Trade Flexi Brokerage Plan
Fixed Charges Rs 0 NA
Equity Delivery Rs 20 per executed order or .01% whichever is lower Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .01% whichever is lower Lower of - Rs 9 per trade or 0.01%
Equity Futures Rs 20 per executed order or .01% whichever is lower Rs 9 per executed order
Equity Options Rs 20 per executed order or .01% whichever is lower Rs 9 per executed order
Currency Futures Rs 20 per executed order or .01% whichever is lower Rs 9 per executed order
Currency Options Rs 20 per executed order or .01% whichever is lower Rs 9 per executed order
Commodity Futures Rs 20 per executed order or .01% whichever is lower Rs 9 per executed order
Commodity Options Rs 9 per executed order
Enquire iTradeOnlineEnquire Tradeplus

iTradeOnline Charges Vs Tradeplus

Minimum Brokerage Rs 0 (No Minimum Brokerage)
Other Charges Physical contact notes: Rs 20 SMS Charges: Rs 100 per segment.
Call & Trade Charges Rs 0 (Free) Flat Rs 75 per day
Expand

iTradeOnline Vs Tradeplus Transaction Charges

iTradeOnline transaction charges for options is NSE Rs 5000 per crore (0.05%) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

  iTradeOnline Tradeplus
Equity Delivery NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) Rs 345 per crore (0.00345%) (each side)
Equity Intraday NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) Rs 345 per crore (0.00345%) (sale side)
Equity Futures NSE Rs 190 per crore (0.0019%) Rs 360 per crore (0.0036%)
Equity Options NSE Rs 5000 per crore (0.05%) Rs 7800 per crore (0.078%)(on premium)
Currency Futures NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) Rs 140 per crore (0.0014%)
Currency Options NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 Rs 6000 (on premium) per crore (0.06%)
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) Rs 500 (0.005%)
Enquire iTradeOnlineEnquire Tradeplus
Expand

iTradeOnline Vs Tradeplus Leverage (Margin)

iTradeOnline 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.

  iTradeOnline 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)
Enquire iTradeOnlineEnquire Tradeplus
Expand

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 Yes Yes
Margin Against Shares (Equity Cash) Yes
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
Expand

iTradeOnline Vs Tradeplus Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

  iTradeOnline Tradeplus
  7 Customer Reviews    Rate iTradeOnline 35 Customer Reviews    Rate Tradeplus
Fees 3.9 3.6
Brokerage 4.1 4.1
Trading Platform 3.9 2.8
Customer Service 3.7 2.7
Research Capabilities 1.0 2.0
Overall Ratings Rated 4.0 stars Rated 3.0 stars
Broker Rating iTradeOnline is rated 4.0 of 5 based on 7 customer reviews Tradeplus is rated 3.0 of 5 based on 35 customer reviews
Expand

Contact Broker / Request A Call Back

  iTradeOnline Enquire Tradeplus Enquire
Contact Broker Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer
Expand

iTradeOnline Vs Tradeplus Investment Options

  iTradeOnline Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
Expand

iTradeOnline Vs Tradeplus Order Type Offered

  iTradeOnline Tradeplus
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
Enquire iTradeOnlineEnquire Tradeplus
Expand

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
Expand

iTradeOnline Vs Tradeplus Suitable For Investor Type

  iTradeOnline Tradeplus
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

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 Rs 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. Rs 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 Rs 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 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.

Enquire iTradeOnlineEnquire Tradeplus

Compare More Brokers...

iTradeOnline Tradeplus
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App