iTradeOnline Vs Tradeplus (Compare iTradeOnline and Tradeplus)

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
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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)

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
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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

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%)
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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
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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
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	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
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iTradeOnline Vs Tradeplus Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Tradeplus is rated 3.2 of 5 based on 27 customer reviews.

	iTradeOnline	Tradeplus
	7 Customer Reviews	27 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	iTradeOnline is rated 4.0 of 5 based on 7 customer reviews	Tradeplus is rated 3.2 of 5 based on 27 customer reviews

iTradeOnline Vs Tradeplus Investment Options

	iTradeOnline	Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, Wealth Management

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)
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iTradeOnline Vs Tradeplus Research Report

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

iTradeOnline Vs Tradeplus Suitable For Investor Type

	iTradeOnline	Tradeplus
Casual Investor
Active Investor
Trader

iTradeOnline Vs Tradeplus - Advantages and Disadvantages

	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. 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	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. More Disadvantages...	Customer has to pay software charges. High call & trade charges. ₹1000 per month. Lower margin. More Disadvantages...
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.
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