Religare Vs Tradeplus (Compare Religare and Tradeplus)
The side-by-side comparison of Religare and Tradeplus. Compare Religare Vs Tradeplus brokerage, charges, exposure margin, demat account. Read Tradeplus and Religare review.
Find out Religare Vs Tradeplus which is better and Religare Vs Tradeplus which is best.
Our Religare comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between Religare and Tradeplus.
Religare Vs Tradeplus
Religare
Tradeplus
Find more info about broker
About the Broker
Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s...
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 ...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
My Saver Online Plan
Infinite Trading Plans
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1500
Enquire Religare
Enquire Tradeplus
Religare Vs Tradeplus Charges
Religare
Tradeplus
Trading Account Opening Fees
₹500
₹199
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹400 from second year onward
₹500 (5 years)
Demat Account is Mandatory?
No
No
Religare Vs Tradeplus Brokerage
Brokerage Plan 1
Religare
Tradeplus
Account Type
My Saver Online Plan
Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage
0.50% to 0.10%
₹0 (Free)
Equity Intraday Brokerage
0.050% to 0.010%
0.01%
Equity Futures Brokerage
0.05%
₹799 per month (unlimited trading)
Equity Options Brokerage
₹70 per lot
₹99 per month (unlimited trading)
Currency Futures Trading Brokerage
0.05%
₹99 per month (unlimited trading)
Currency Options Trading Brokerage
₹30 per lot
₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage
0.05%
₹99 per month (unlimited trading)
Commodity Options Trading Brokerage
₹30 per lot
Brokerage Plan 2
Religare
Tradeplus
Account Type
My Saver Online Plan
General Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.50% to 0.10%
₹0 (Free)
Equity Intraday Brokerage
0.050% to 0.010%
0.01%
Equity Futures Brokerage
0.05%
0.01%
Equity Options Brokerage
₹70 per lot
₹60 per lot
Currency Futures Trading Brokerage
0.05%
₹20 per lot
Currency Options Trading Brokerage
₹30 per lot
₹60 per lot
Commodity Futures Trading Brokerage
0.05%
0.01%
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
1p per share
Other Brokerage Charges
SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges
₹10 per executed order (max ₹50 per day)
Flat ₹75 per day
Religare Vs Tradeplus Taxes
Religare
Tradeplus
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Religare Vs Tradeplus Transaction Charges
Religare
Tradeplus
Equity Delivery
0.0037%
₹330 per crore (0.0033%) (each side)
Equity Intraday
0.0037%
₹330 per crore (0.0033%) (sale side)
Equity Futures
0.004%
₹350 per crore (0.0035%)
Equity Options
0.06% on Premium
₹7500 per crore (0.075%)(on premium)
Currency Futures
0.004%
₹165 per crore (0.00165%)
Currency Options
0.06% on Premium
₹6000 (on premium) per crore (0.06%)
Commodity
0.0035%
₹400 (0.004%)
Religare Vs Tradeplus Exposure Margin
Religare
Tradeplus
Equity Delivery
Upto 4x with 24% interest per year
Upto 4X
Equity Intraday
Upto 10x
Upto 33X
Equity Futures
Upto 3x
Intraday leverage 2X | Cover Order Margin 3%
Equity Options
Upto 3x for shorting
Intraday Leverage of 2X
Currency Futures
Upto 2x
Intraday Leverage of 2X
Currency Options
2x for shorting
1X
Commodity Futures
Upto 3x
Intraday Leverage of 2X
Commodity Options
Religare and Tradeplus Feature Comparison
Religare
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 Diet, Web, Dynami
INFINI, NSE NOW
Intraday Square-off Time
Other Features
Mutual Fund, EMI Calculator
Referral Program
Religare Vs Tradeplus Review
Religare
Tradeplus
71 Customer Reviews
24 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Religare is Rated 2.9 / 5 based on 71 customer reviews Tradeplus is Rated 3.1 / 5 based on 24 customer reviews
Religare Vs Tradeplus Investment Options
Religare
Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Religare Vs Tradeplus Customer Service
Religare
Tradeplus
24/7 Customer Service
Onine Live Chat
Through Branches
Religare Vs Tradeplus Order Type Offered
Religare
Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Religare Vs Tradeplus Research Report
Religare
Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Religare Vs Tradeplus Suitable For Investor Type
Religare
Tradeplus
Casual Investor
Active Investor
Trader
Religare Vs Tradeplus - Advantages and Disadvantages
Religare
Tradeplus
Pros
3 to 4 times exposure is given in cash as well as F&O segment.
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
EXE Based trading terminal are available for ₹999 per annum.
Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).
More Disadvantages...
Customer has to pay software charges.
High call & trade charges. ₹1000 per month.
Lower margin.
More Disadvantages...
Reviews
Promo / Offers
Religare offer FREE Trading + Demat Account . In addition you get ₹0 AMC on Demat Account for 1st year.
This is a limited time offer. Simply leave your contact information with us and Religare 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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