SBI Securities Vs Tradeplus (Compare SBI Securities and Tradeplus)

SBI Securities Vs Tradeplus

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	SBI Securities	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE	BSE, NSE, MCX
Account Type	eZ-trade	Infinite Trading Plans
Year of Incorporation	2001
Number of Branches	117
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SBI Securities Vs Tradeplus Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Tradeplus account opening changes is Rs 199. SBI Securities Demat Account AMC Charges is Rs 350 and Tradeplus Demat Account AMC Charges is Rs 500 (5 years).

	SBI Securities	Tradeplus
Trading Account Opening Charges	Rs 850	Rs 199
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 350	Rs 500 (5 years)

SBI Securities Vs Tradeplus Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is 0.01%.

	SBI Securities	Tradeplus
Account Type	eZ-trade	Infinite Trading Plans
Fixed Charges		As per segment
Equity Delivery Brokerage	0.50%	Rs 0 (Free)
Equity Intraday Brokerage	0.05%	0.01%
Equity Futures Brokerage	0.05%	Rs 799 per month (unlimited trading)
Equity Options Brokerage	Rs 100 per lot	Rs 99 per month (unlimited trading)
Currency Futures Trading Brokerage	0.03%	Rs 99 per month (unlimited trading)
Currency Options Trading Brokerage	Rs 30 per lot	Rs 99 per month (unlimited trading)
Commodity Futures Trading Brokerage	NA	Rs 99 per month (unlimited trading)
Commodity Options Trading Brokerage	NA
Special Offer		Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

SBI Securities Vs Tradeplus Brokerage Plan 2

	SBI Securities	Tradeplus
Account Type	eZ-trade	General Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.50%	Rs 0 (Free)
Equity Intraday Brokerage	0.05%	0.01%
Equity Futures Brokerage	0.05%	0.01%
Equity Options Brokerage	Rs 100 per lot	Rs 60 per lot
Currency Futures Trading Brokerage	0.03%	Rs 20 per lot
Currency Options Trading Brokerage	Rs 30 per lot	Rs 60 per lot
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA
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SBI Securities Charges Vs Tradeplus

Minimum Brokerage Charges	Rs 0.05 for Cash, Rs 0.01 Future
Other Brokerage Charges		SMS Charges: Rs 100 per segment. Software Charges Equity: Rs 499 per month, MCX: Rs 249 per month
Call & Trade Charges	Rs 10 per call (after 30 free calls a month)	Flat Rs 75 per day

SBI Securities Vs Tradeplus Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Tradeplus exchange transaction charges for options is Rs 7500 per crore (0.075%)(on premium).

	SBI Securities	Tradeplus
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	Rs 330 per crore (0.0033%) (each side)
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	Rs 330 per crore (0.0033%) (sale side)
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	Rs 350 per crore (0.0035%)
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 7500 per crore (0.075%)(on premium)
Currency Futures	0.002206%	Rs 165 per crore (0.00165%)
Currency Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 6000 (on premium) per crore (0.06%)
Commodity		Rs 400 (0.004%)
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SBI Securities Vs Tradeplus Leverage (Margin)

SBI Securities provides the margin of Upto 5x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

	SBI Securities	Tradeplus
Equity Delivery	2x with Intrest	Upto 4X
Equity Intraday	Upto 5x	Upto 33X
Equity Futures	Nil	Intraday leverage 2X | Cover Order Margin 3%
Equity Options	Nil	Intraday Leverage of 2X
Currency Futures	Nil	Intraday Leverage of 2X
Currency Options	Nil	1X
Commodity Futures	NA	Intraday Leverage of 2X
Commodity Options
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Compare SBI Securities and Tradeplus Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Tradeplus offers INFINI, NSE NOW trading software.

	SBI Securities	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	SBI Smart Express, SBI Smart Web, SBI Smart Mobile	INFINI, NSE NOW
Intraday Square-off Time	2:45 PM
Other Features
Referral Program
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SBI Securities Vs Tradeplus Review

SBI Securities is rated 2.6 of 5 based on 140 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

	SBI Securities	Tradeplus
	140 Customer Reviews	31 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 140 customer reviews	Tradeplus is rated 3.1 of 5 based on 31 customer reviews

SBI Securities Vs Tradeplus Investment Options

	SBI Securities	Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

SBI Securities Vs Tradeplus Order Type Offered

	SBI Securities	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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SBI Securities Vs Tradeplus Research Report

	SBI Securities	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

SBI Securities Vs Tradeplus Suitable For Investor Type

	SBI Securities	Tradeplus
Casual Investor
Active Investor
Trader

SBI Securities Vs Tradeplus - Pros and Cons

	SBI Securities	Tradeplus
Pros	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.	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 Rs 90 per month. Analysis tools available for intraday trading.
Cons	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers		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.
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