IIFL Securities Vs Tradeplus (Compare IIFL Securities and Tradeplus)

IIFL Securities Vs Tradeplus

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	IIFL Securities	Tradeplus
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX	BSE, NSE, MCX
Year of Incorporation	1996	1995
Number of Branches	900
	Open IIFL Securities Account	Open Tradeplus Account

IIFL Securities Vs Tradeplus Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Tradeplus Demat Account AMC Charges is Rs 0.

	IIFL Securities	Tradeplus
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 0

IIFL Securities Vs Tradeplus Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

Account Type	IIFL Securities iServe	Tradeplus Flat Zero brokerage Scheme
Fixed Charges	NA	As per segment
Equity Delivery	Rs 20 per order	Rs 0 (Free)
Equity Intraday	Rs 20 per order	NA
Equity Futures	Rs 20 per order	Rs 799 per month (unlimited trading)
Equity Options	Rs 20 per order	Rs 99 per month (unlimited trading)
Currency Futures	Rs 20 per order	Rs 99 per month (unlimited trading)
Currency Options	Rs 20 per order	Rs 99 per month (unlimited trading)
Commodity Futures	Rs 20 per order	Rs 99 per month (unlimited trading)
Commodity Options	Rs 20 per order	Rs 99 per month (unlimited trading)
Special Offer	Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Zerodha (Trade with the best stock broker) 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.

IIFL Securities Vs Tradeplus Brokerage Plan 2

	IIFL Securities	Tradeplus
Account Type	iServe	Flexi Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per order	Rs 0 (Free)
Equity Intraday	Rs 20 per order	Lower of - Rs 9 per trade or 0.01%
Equity Futures	Rs 20 per order	Rs 9 per executed order
Equity Options	Rs 20 per order	Rs 9 per executed order
Currency Futures	Rs 20 per order	Rs 9 per executed order
Currency Options	Rs 20 per order	Rs 9 per executed order
Commodity Futures	Rs 20 per order	Rs 9 per executed order
Commodity Options	Rs 20 per order	Rs 9 per executed order
	Open IIFL Securities Account	Open Tradeplus Account

IIFL Securities Charges Vs Tradeplus

Minimum Brokerage
Other Charges	Advisory SMS - Rs 50 per month	SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 50 per call	Flat Rs 75 per day

IIFL Securities Vs Tradeplus Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

	IIFL Securities	Tradeplus
Equity Delivery	Rs 325 per Cr (0.00325%)	Rs 345 per crore (0.00345%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	Rs 345 per crore (0.00345%) (sale side)
Equity Futures	Rs 210 per Cr (0.0021%)	Rs 360 per crore (0.0036%)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	Rs 7800 per crore (0.078%)(on premium)
Currency Futures	Rs 210 per Cr (0.0021%)	Rs 140 per crore (0.0014%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	Rs 6000 (on premium) per crore (0.06%)
Commodity	Group A - Rs 280 per Cr (0.0028%)	Rs 500 (0.005%)
	Open IIFL Securities Account	Open Tradeplus Account

IIFL Securities Vs Tradeplus Leverage (Margin)

IIFL Securities 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.

	IIFL Securities	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)
	Open IIFL Securities Account	Open Tradeplus Account

Compare IIFL Securities and Tradeplus Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Tradeplus offers INFINI, NSE NOW trading software.

	IIFL Securities	Tradeplus
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	INFINI, NSE NOW
Intraday Square-off Time
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open IIFL Securities Account	Open Tradeplus Account

IIFL Securities Vs Tradeplus Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

	IIFL Securities	Tradeplus
	128 Customer Reviews	37 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.6 of 5 based on 128 customer reviews	Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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IIFL Securities Vs Tradeplus Investment Options

	IIFL Securities	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Tradeplus Order Type Offered

	IIFL Securities	Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open IIFL Securities Account	Open Tradeplus Account

IIFL Securities Vs Tradeplus Research Report

	IIFL Securities	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs Tradeplus Suitable For Investor Type

	IIFL Securities	Tradeplus
Casual Investor
Active Investor
Trader

IIFL Securities Vs Tradeplus - Pros and Cons

	IIFL Securities	Tradeplus
Pros	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	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	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	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 IIFL Securities Account	Open Tradeplus Account