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IDBI Capital Vs Tradeplus (Compare IDBI Capital and Tradeplus)

IDBI Capital Markets and Securities Ltd Logo

About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital offers... Know more about IDBI Capital Markets and Securities Ltd

Tradeplus (Navia Markets Ltd) Logo

About 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 Rs 90 per year. Tradeplus also offer Online Mutual Fund, I... Know more about Tradeplus (Navia Markets Ltd)

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IDBI Capital Vs Tradeplus

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  IDBI Capital Tradeplus
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, NSDL BSE, NSE, MCX
Year of Incorporation 1993 1995
Number of Branches 14
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IDBI Capital Vs Tradeplus Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Tradeplus account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Tradeplus Demat Account AMC Charges is Rs 0.

  IDBI Capital Tradeplus
Trading Account Opening Charges Rs 500 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0
Demat Account AMC Charges Rs 450 Rs 0

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IDBI Capital Vs Tradeplus Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Tradeplus brokerage charges for equity is Rs 99 per month (unlimited trading) and intraday is Rs 99 per month (unlimited trading).

Account Type IDBI Capital Card Rate Plan Tradeplus Smart Flat Plan
Fixed Charges Rs 99 per month (unlimited trading)
Equity Delivery 0.50% Rs 99 per month (unlimited trading)
Equity Intraday 0.05% Rs 99 per month (unlimited trading)
Equity Futures 0.05% Rs 99 per month (unlimited trading)
Equity Options Rs 100 per lot Rs 99 per month (unlimited trading)
Currency Futures NA After 31 trades Lower of - Rs 9 per trade or 0.05%
Currency Options NA After 31 trades Lower of - Rs 9 per trade or 0.05%
Commodity Futures NA Rs 99 per month (unlimited trading)
Commodity Options NA Rs 99 per month (unlimited trading)
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

IDBI Capital Vs Tradeplus Brokerage Plan 2

  IDBI Capital Tradeplus
Account Type Ace Trader Plan Flat Pro Plan
Fixed Charges Rs 499 per month (unlimited trading)
Equity Delivery 0.10% to 0.50% Rs 0
Equity Intraday 0.020% to 0.050% Rs 0
Equity Futures 0.020% to 0.048% Rs 0
Equity Options Rs 100 per lot Rs 0
Currency Futures Rs 0
Currency Options Rs 0
Commodity Futures Rs 0
Commodity Options Rs 0
Open Tradeplus Account

IDBI Capital Charges Vs Tradeplus

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower.
Other Charges SMS Charges: Rs 100 per segment.
Call & Trade Charges Nil Flat Rs 75 per day

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IDBI Capital Vs Tradeplus Transaction Charges

IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Tradeplus exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  IDBI Capital Tradeplus
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) BSE Rs 345 per Cr (0.00345%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA Rs 500 (0.005%)
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IDBI Capital Vs Tradeplus Leverage (Margin)

IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  IDBI Capital Tradeplus
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare IDBI Capital and Tradeplus Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Tradeplus offers INFINI, NSE NOW trading software.

  IDBI Capital Tradeplus
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Power Pro, Power Streaming, IDBI Direct INFINI, NSE NOW
Intraday Square-off Time 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Morning Report, Equity SIP, Investment Guide
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IDBI Capital Vs Tradeplus Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

  IDBI Capital Tradeplus
  41 Customer Reviews    Rate IDBI Capital 37 Customer Reviews    Rate Tradeplus
Fees 3.2 3.4
Brokerage 2.5 4.1
Trading Platform 2.6 2.8
Customer Service 2.8 2.6
Research Capabilities 2.5 1.8
Overall Ratings Rated 2.6 stars Rated 2.9 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital Enquire Tradeplus Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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IDBI Capital Vs Tradeplus Investment Options

  IDBI Capital Tradeplus
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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IDBI Capital Vs Tradeplus Order Type Offered

  IDBI Capital Tradeplus
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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IDBI Capital Vs Tradeplus Research Report

  IDBI Capital Tradeplus
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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IDBI Capital Vs Tradeplus Suitable For Investor Type

  IDBI Capital Tradeplus
Casual Investor Yes
Active Investor Yes
Trader Yes

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IDBI Capital Vs Tradeplus - Pros and Cons

  IDBI Capital Tradeplus
Pros - Prepaid plans are available for volume traders.
  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 Rs 90 per month.
  4. Analysis tools available for intraday trading.
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  1. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. Lower margin.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
Open Tradeplus Account

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