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 1995, 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
Exchnage Membership	BSE, NSE	BSE, NSE, MCX
Year of Incorporation	2001	1995
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 0. SBI Securities Demat Account AMC Charges is Rs 350 and Tradeplus Demat Account AMC Charges is Rs 0.

	SBI Securities	Tradeplus
Trading Account Opening Charges	Rs 850	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 350	Rs 0

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 NA.

	SBI Securities	Tradeplus
Account Type	eZ-trade	Flat Zero brokerage Scheme
Fixed Charges		As per segment
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	NA
Equity Futures	0.05%	Rs 799 per month (unlimited trading)
Equity Options	Rs 100 per lot	Rs 99 per month (unlimited trading)
Currency Futures	0.03%	Rs 99 per month (unlimited trading)
Currency Options	Rs 30 per lot	Rs 99 per month (unlimited trading)
Commodity Futures	NA	Rs 99 per month (unlimited trading)
Commodity Options	NA	Rs 99 per month (unlimited trading)
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	Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.50%	Rs 0 (Free)
Equity Intraday	0.05%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.05%	Rs 9 per executed order
Equity Options	Rs 100 per lot	Rs 9 per executed order
Currency Futures	0.03%	Rs 9 per executed order
Currency Options	Rs 30 per lot	Rs 9 per executed order
Commodity Futures	NA	Rs 9 per executed order
Commodity Options	NA	Rs 9 per executed order
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SBI Securities Charges Vs Tradeplus

Minimum Brokerage	Rs 0.05 for Cash, Rs 0.01 Future
Other Charges		SMS Charges: Rs 100 per segment.
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 7800 per crore (0.078%)(on premium).

	SBI Securities	Tradeplus
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	Rs 360 per crore (0.0036%)
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	0.002206%	Rs 140 per crore (0.0014%)
Currency Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 6000 (on premium) per crore (0.06%)
Commodity		Rs 500 (0.005%)
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SBI Securities Vs Tradeplus Leverage (Margin)

SBI Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Tradeplus margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	SBI Securities	Tradeplus
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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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
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 145 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	SBI Securities	Tradeplus
	145 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 145 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

SBI Securities Vs Tradeplus Investment Options

	SBI Securities	Tradeplus
Stock / Equity
Commodity
Currency
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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