Tradeplus Vs Groww (Compare Tradeplus and Groww)

The side-by-side comparison of Tradeplus and Groww. Compare Tradeplus Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Tradeplus vs Groww?


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... Know more about Tradeplus (Navia Markets Ltd)


Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Tradeplus Vs Groww

Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Tradeplus Groww
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Infinite Trading Plans Standard Plan
Year of Incorporation 2016
Number of Branches 0
Broker Enquiry Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
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Tradeplus Vs Groww Charges & AMC

Tradeplus trading account opening charges is Rs 199 while Groww account opening changes is Rs 0. Tradeplus Demat Account AMC Charges is Rs 500 (5 years) and Groww Demat Account AMC Charges is Rs 0.

  Tradeplus Groww
Trading Account Opening Charges Rs 199 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 500 (5 years) Rs 0
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Tradeplus Vs Groww Brokerage Charges & Plans

Tradeplus Vs Groww Brokerage

Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is 0.01% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Tradeplus Groww
Account Type Infinite Trading Plans Standard Plan
Fixed Charges As per segment NA
Equity Delivery Brokerage Rs 0 (Free) Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage 0.01% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 799 per month (unlimited trading) NA
Equity Options Brokerage Rs 99 per month (unlimited trading) NA
Currency Futures Trading Brokerage Rs 99 per month (unlimited trading) NA
Currency Options Trading Brokerage Rs 99 per month (unlimited trading) NA
Commodity Futures Trading Brokerage Rs 99 per month (unlimited trading) NA
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

Tradeplus Vs Groww Brokerage Plan 2

  Tradeplus Groww
Account Type General Brokerage Plan Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 0 (Free) Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage 0.01% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.01% NA
Equity Options Brokerage Rs 60 per lot NA
Currency Futures Trading Brokerage Rs 20 per lot NA
Currency Options Trading Brokerage Rs 60 per lot NA
Commodity Futures Trading Brokerage 0.01% NA
Commodity Options Trading Brokerage NA

Tradeplus Charges Vs Groww

Minimum Brokerage Charges Rs 20 or 0.05% per executed order
Other Brokerage Charges SMS Charges: Rs 100 per segment. Software Charges Equity: Rs 499 per month, MCX: Rs 249 per month Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Flat Rs 75 per day NA
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Tradeplus Vs Groww Transaction Charges

Tradeplus transaction charges for options is Rs 7500 per crore (0.075%)(on premium) while Groww exchange transaction charges for options is NA.

  Tradeplus Groww
Equity Delivery Rs 330 per crore (0.0033%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 330 per crore (0.0033%) (sale side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 350 per crore (0.0035%) NA
Equity Options Rs 7500 per crore (0.075%)(on premium) NA
Currency Futures Rs 165 per crore (0.00165%) NA
Currency Options Rs 6000 (on premium) per crore (0.06%) NA
Commodity Rs 400 (0.004%) NA
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Tradeplus Vs Groww Leverage (Margin)

Tradeplus provides the margin of Upto 33X for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

  Tradeplus Groww
Equity Delivery Upto 4X 1x (no margin)
Equity Intraday Upto 33X Up to 8x (based on the stock)
Equity Futures Intraday leverage 2X | Cover Order Margin 3% NA
Equity Options Intraday Leverage of 2X NA
Currency Futures Intraday Leverage of 2X NA
Currency Options 1X NA
Commodity Futures Intraday Leverage of 2X NA
Commodity Options NA
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Compare Tradeplus and Groww Features

The trading platforms offered Tradeplus include INFINI, NSE NOW. Groww offers Groww trading software.

  Tradeplus Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform INFINI, NSE NOW Groww
Intraday Square-off Time 3:10 PM
Other Features
Referral Program
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Tradeplus Vs Groww Review

Tradeplus is rated 3.1 of 5 based on 32 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

  Tradeplus Groww
  32 Customer Reviews    Rate Tradeplus 9 Customer Reviews    Rate Groww
Fees 3.6 4.3
Trading Brokerage 4.1 4.3
Trading Platform Usability 2.9 3.7
Customer Service 2.7 3.6
Research Capabilities 2.3 2.2
Overall Ratings Rated 3.1 stars Rated 3.9 stars
Broker Rating Tradeplus is rated 3.1 of 5 based on 32 customer reviews Groww is rated 3.9 of 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Tradeplus Enquire Groww Enquire
Contact Broker

Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

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Tradeplus Vs Groww Investment Options

  Tradeplus Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits
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Tradeplus Vs Groww Order Type Offered

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

  Tradeplus Groww
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Tradeplus Vs Groww Suitable For Investor Type

  Tradeplus Groww
Casual Investor Yes
Active Investor Yes
Trader Yes
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Tradeplus Vs Groww - Pros and Cons

  Tradeplus Groww
Pros
  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
  1. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. 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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Tradeplus Groww
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