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Edelweiss
5Paisa
IIFL Sec
Sharekhan
ICICIdirect
HDFC Sec
SBI Capital
Axis Direct
Kotak Sec
TradeSmart
Fyers
Alice Blue
Tradeplus
SAS Online
GCL Sec
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... 
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...
Incorporated in 1995, 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 |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 1995 | 2016 |
| Number of Branches | 0 |
Tradeplus trading account opening charges is Rs 0 while Groww account opening changes is Rs 0. Tradeplus Demat Account AMC Charges is Rs 0 and Groww Demat Account AMC Charges is Rs 0.
| Tradeplus | Groww | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 0 | Rs 0 |
Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA 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 | Flat Zero brokerage Scheme | Standard Plan |
| Fixed Charges | As per segment | NA |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | NA | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 799 per month (unlimited trading) | NA |
| Equity Options | Rs 99 per month (unlimited trading) | NA |
| Currency Futures | Rs 99 per month (unlimited trading) | NA |
| Currency Options | Rs 99 per month (unlimited trading) | NA |
| Commodity Futures | Rs 99 per month (unlimited trading) | NA |
| Commodity Options | Rs 99 per month (unlimited trading) | 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 | Groww | |
|---|---|---|
| Account Type | Flexi Brokerage Plan | Standard Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Lower of - Rs 9 per trade or 0.01% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 9 per executed order | NA |
| Equity Options | Rs 9 per executed order | NA |
| Currency Futures | Rs 9 per executed order | NA |
| Currency Options | Rs 9 per executed order | NA |
| Commodity Futures | Rs 9 per executed order | NA |
| Commodity Options | Rs 9 per executed order | NA |
| Minimum Brokerage | Rs 20 or 0.05% per executed order | |
| Other Charges | SMS Charges: Rs 100 per segment. | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
| Call & Trade Charges | Flat Rs 75 per day | NA |
Tradeplus transaction charges for options is Rs 7800 per crore (0.078%)(on premium) while Groww exchange transaction charges for options is NA.
| Tradeplus | Groww | |
|---|---|---|
| Equity Delivery | Rs 345 per crore (0.00345%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | Rs 345 per crore (0.00345%) (sale side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | Rs 360 per crore (0.0036%) | NA |
| Equity Options | Rs 7800 per crore (0.078%)(on premium) | NA |
| Currency Futures | Rs 140 per crore (0.0014%) | NA |
| Currency Options | Rs 6000 (on premium) per crore (0.06%) | NA |
| Commodity | Rs 500 (0.005%) | NA |
Tradeplus margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Tradeplus | Groww | |
|---|---|---|
| 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) |
The trading platforms offered Tradeplus include INFINI, NSE NOW. Groww offers Groww trading software.
| Tradeplus | Groww | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | INFINI, NSE NOW | Groww |
| Intraday Square-off Time | 3:10 PM | |
| Other Features | ||
| Referral Program |
Tradeplus is rated 3.0 of 5 based on 35 customer reviews whereas Groww is rated 3.8 of 5 based on 36 customer reviews.
| Tradeplus | Groww | |
|---|---|---|
35 Customer Reviews  |
36 Customer Reviews |
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| Broker Rating | Tradeplus is rated 3.0 of 5 based on 35 customer reviews | Groww is rated 3.8 of 5 based on 36 customer reviews |
| 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 | Leave your contact information and we will get in touch with you.... |
| Tradeplus | Groww | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Other Investment Options | Digital Gold, US Stocks, Fixed Deposits |
| Tradeplus | Groww | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Tradeplus | Groww | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Tradeplus | Groww | |
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| Casual Investor | |
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| Tradeplus | Groww | |
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
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| Promo / Offers | Free Equity Delivery Trade + Flat Rs 9 intranet and F&O tradeGet 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. |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Tradeplus
