Karvy Vs Tradeplus (Compare Karvy and Tradeplus)

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


Karvy

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking Ltd


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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Karvy Vs Tradeplus

Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Karvy Tradeplus
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Retail Brokerage Plan Infinite Trading Plans
Year of Incorporation 1985
Number of Branches 575
Broker Enquiry Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
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Karvy Vs Tradeplus Charges & AMC

Karvy trading account opening charges is ₹650 while Tradeplus account opening changes is ₹199. Karvy Demat Account AMC Charges is ₹420 and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  Karvy Tradeplus
Trading Account Opening Charges ₹650 ₹199
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹420 ₹500 (5 years)
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Karvy Vs Tradeplus Brokerage Charges & Plans

Karvy Vs Tradeplus Brokerage

Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

  Karvy Tradeplus
Account Type Retail Brokerage Plan Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage 0.3% ₹0 (Free)
Equity Intraday Brokerage 0.03% 0.01%
Equity Futures Brokerage 0.03% ₹799 per month (unlimited trading)
Equity Options Brokerage ₹30 per lot ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage 0.03% ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹30 per lot ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage 0.03% ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage ₹30 per lot
Special Offer
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

Karvy Vs Tradeplus Brokerage Plan 2

  Karvy Tradeplus
Account Type Premium Subscription Plan of 100000 General Brokerage Plan
Fixed Charges ₹100,000 per year NA
Equity Delivery Brokerage 0.1% ₹0 (Free)
Equity Intraday Brokerage 0.01% 0.01%
Equity Futures Brokerage 0.01% 0.01%
Equity Options Brokerage ₹10 per lot ₹60 per lot
Currency Futures Trading Brokerage 0.01% ₹20 per lot
Currency Options Trading Brokerage ₹10 per lot ₹60 per lot
Commodity Futures Trading Brokerage 0.01% 0.01%
Commodity Options Trading Brokerage ₹10 per lot

Karvy Charges Vs Tradeplus

Minimum Brokerage Charges Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges Flat ₹75 per day
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Karvy Vs Tradeplus Transaction Charges

Karvy transaction charges for options is ₹5500 while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

  Karvy Tradeplus
Equity Delivery ₹325 ₹330 per crore (0.0033%) (each side)
Equity Intraday ₹325 ₹330 per crore (0.0033%) (sale side)
Equity Futures ₹230 ₹350 per crore (0.0035%)
Equity Options ₹5500 ₹7500 per crore (0.075%)(on premium)
Currency Futures ₹325 ₹165 per crore (0.00165%)
Currency Options ₹6000 (on premium) per crore (0.06%)
Commodity ₹300 ₹400 (0.004%)
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Karvy Vs Tradeplus Leverage (Margin)

Karvy provides the margin of Upto 20x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  Karvy Tradeplus
Equity Delivery Upto 5x with 24% interest per year Upto 4X
Equity Intraday Upto 20x Upto 33X
Equity Futures Upto 4x Intraday leverage 2X | Cover Order Margin 3%
Equity Options Upto 4x for shorting Intraday Leverage of 2X
Currency Futures Nil Intraday Leverage of 2X
Currency Options Nil 1X
Commodity Futures Upto 4x Intraday Leverage of 2X
Commodity Options
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Compare Karvy and Tradeplus Features

The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Tradeplus offers INFINI, NSE NOW trading software.

  Karvy Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform NEST, Karvy Web, Trade Mobile INFINI, NSE NOW
Intraday Square-off Time 3:15
Other Features Ask the expert, The Finapolis
Referral Program
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Karvy Vs Tradeplus Review

Karvy is rated 2.0 of 5 based on 24 customer reviews whereas Tradeplus is rated 3.2 of 5 based on 29 customer reviews.

  Karvy Tradeplus
  24 Customer Reviews    Rate Karvy 29 Customer Reviews    Rate Tradeplus
Fees 2.6 3.5
Trading Brokerage 2.4 4.1
Trading Platform Usability 2.7 3.0
Customer Service 2.2 2.8
Research Capabilities 3.0
Overall Ratings Rated 2.0 stars Rated 3.2 stars
Broker Rating Karvy is rated 2.0 of 5 based on 24 customer reviews Tradeplus is rated 3.2 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

  Karvy Enquire Tradeplus Enquire
Contact Broker

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

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Karvy Vs Tradeplus Investment Options

  Karvy Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Karvy Vs Tradeplus Order Type Offered

  Karvy 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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Karvy Vs Tradeplus Research Report

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

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

  Karvy Tradeplus
Pros
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
  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
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers
  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
Reviews
Promo / Offers

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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Karvy Tradeplus
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