Religare Vs Tradeplus (Compare Religare and Tradeplus)

Religare Vs Tradeplus

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Religare	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX
Account Type	My Saver Online Plan	Infinite Trading Plans
Year of Incorporation	1994
Number of Branches	1500
Broker Enquiry
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Religare Vs Tradeplus Charges & AMC

Religare trading account opening charges is ₹500 while Tradeplus account opening changes is ₹199. Religare Demat Account AMC Charges is ₹400 from second year onward and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

	Religare	Tradeplus
Trading Account Opening Charges	₹500	₹199
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	Nil	₹0
Demat Account AMC Charges	₹400 from second year onward	₹500 (5 years)

Religare Vs Tradeplus Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

	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
Special Offer	Special Offer: Get Free Trading + Demat Account for limited time. Get the offer	Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

Religare Vs Tradeplus 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
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Religare Charges Vs Tradeplus

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 Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

	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%)
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Religare Vs Tradeplus Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

	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
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Compare Religare and Tradeplus Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Tradeplus offers INFINI, NSE NOW trading software.

	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
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Religare Vs Tradeplus Review

Religare is rated 2.9 of 5 based on 75 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

	Religare	Tradeplus
	75 Customer Reviews	31 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 75 customer reviews	Tradeplus is rated 3.1 of 5 based on 31 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 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)
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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 - Pros and Cons

	Religare	Tradeplus
Pros	3 to 4 times exposure is given in cash as well as F&O segment.	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.
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).	Customer has to pay software charges. High call & trade charges. ₹1000 per month. Lower margin.
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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