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...
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 , 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 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 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 | 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 |
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 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 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 |
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 Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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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 3.1 of 5 based on 32 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.
Tradeplus | Groww | |
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Pros |
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Cons |
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Reviews | ||
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. |
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