Tradeplus Vs Groww (Compare Tradeplus and Groww)

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

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

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

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

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

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
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	INFINI, NSE NOW	Groww
Intraday Square-off Time		3:10 PM
Other Features
Referral Program

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	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
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

Tradeplus Vs Groww Investment Options

	Tradeplus	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

Tradeplus Vs Groww Order Type Offered

	Tradeplus	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Tradeplus Vs Groww Research Report

	Tradeplus	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Tradeplus Vs Groww Suitable For Investor Type

	Tradeplus	Groww
Casual Investor
Active Investor
Trader

Tradeplus Vs Groww - Pros and Cons

	Tradeplus	Groww
Pros	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	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.