Upstox Vs Tradeplus (Compare Upstox and Tradeplus)

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


Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox


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 ₹90 per year. Tradeplus also offer Online Mutual F... Know more about Tradeplus (Navia Markets Ltd)

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Upstox Vs Tradeplus

Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India. Incorporated in , Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Upstox Tradeplus
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Upstox Basic Infinite Trading Plans
Year of Incorporation 2012
Number of Branches 4
Broker Enquiry Open an Online Trading Account with Upstox. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
Enquire UpstoxEnquire Tradeplus
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Upstox Vs Tradeplus Charges & AMC

Upstox trading account opening charges is ₹249 while Tradeplus account opening changes is ₹199. Upstox Demat Account AMC Charges is ₹300 and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  Upstox Tradeplus
Trading Account Opening Charges ₹249 ₹199
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹300 ₹500 (5 years)
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Upstox Vs Tradeplus Brokerage Charges & Plans

Upstox Vs Tradeplus Brokerage

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

  Upstox Tradeplus
Account Type Upstox Basic Infinite Trading Plans
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or 0.05% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or 0.05% whichever is lower ₹799 per month (unlimited trading)
Equity Options Brokerage ₹20 per executed order ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹20 per executed order or 0.05% whichever is lower ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹20 per executed order ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹20 per executed order or 0.05% whichever is lower ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage ₹20 per executed order
Special Offer
Special Offer:

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

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

Upstox Vs Tradeplus Brokerage Plan 2

  Upstox Tradeplus
Account Type Upstox Priority (Higher Margin) General Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage ₹0 ₹0 (Free)
Equity Intraday Brokerage ₹30 per executed order or 0.10% whichever is lower 0.01%
Equity Futures Brokerage ₹30 per executed order or 0.10% whichever is lower 0.01%
Equity Options Brokerage ₹30 per executed order ₹60 per lot
Currency Futures Trading Brokerage ₹30 per executed order or 0.10% whichever is lower ₹20 per lot
Currency Options Trading Brokerage ₹30 per executed order ₹60 per lot
Commodity Futures Trading Brokerage ₹30 per executed order or 0.10% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹30 per executed order
Enquire UpstoxEnquire Tradeplus

Upstox Charges Vs Tradeplus

Minimum Brokerage Charges 0.05%
Other Brokerage Charges SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges ₹20 per trade Flat ₹75 per day
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Upstox Vs Tradeplus Transaction Charges

Upstox transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium) while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

  Upstox Tradeplus
Equity Delivery NSE ₹325 per Cr (0.00325%) (each side) ₹330 per crore (0.0033%) (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) (each side) ₹330 per crore (0.0033%) (sale side)
Equity Futures NSE ₹210 per Cr (0.0021%) ₹350 per crore (0.0035%)
Equity Options NSE ₹5500 per Cr (0.055%) (on premium) ₹7500 per crore (0.075%)(on premium)
Currency Futures NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%) ₹165 per crore (0.00165%)
Currency Options NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium) ₹6000 (on premium) per crore (0.06%)
Commodity Group A - ₹290 per Cr (0.0029%) ₹400 (0.004%)
Enquire UpstoxEnquire Tradeplus
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Upstox Vs Tradeplus Leverage (Margin)

Upstox provides the margin of Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  Upstox Tradeplus
Equity Delivery 1x (no margin) Upto 4X
Equity Intraday Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x Upto 33X
Equity Futures Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x Intraday leverage 2X | Cover Order Margin 3%
Equity Options Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x Intraday Leverage of 2X
Currency Futures Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x Intraday Leverage of 2X
Currency Options Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x 1X
Commodity Futures Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x Intraday Leverage of 2X
Commodity Options
Enquire UpstoxEnquire Tradeplus
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Compare Upstox and Tradeplus Features

The trading platforms offered Upstox include Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola. Tradeplus offers INFINI, NSE NOW trading software.

  Upstox Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola INFINI, NSE NOW
Intraday Square-off Time 3:15 PM
Other Features Option strategy builder
Referral Program Yes
Enquire UpstoxEnquire Tradeplus
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Upstox Vs Tradeplus Review

Upstox is rated 2.4 of 5 based on 95 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

  Upstox Tradeplus
  95 Customer Reviews    Rate Upstox 31 Customer Reviews    Rate Tradeplus
Fees 3.5 3.5
Trading Brokerage 3.5 4.1
Trading Platform Usability 2.6 2.9
Customer Service 2.3 2.7
Research Capabilities 2.2 2.2
Overall Ratings Rated 2.4 stars Rated 3.1 stars
Broker Rating Upstox is rated 2.4 of 5 based on 95 customer reviews Tradeplus is rated 3.1 of 5 based on 31 customer reviews
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Contact Broker / Request A Call Back

  Upstox Enquire Tradeplus Enquire
Contact Broker

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

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

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Upstox Vs Tradeplus Investment Options

  Upstox Tradeplus
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Upstox Vs Tradeplus Order Type Offered

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

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

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

  Upstox Tradeplus
Pros
  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.
  9. Online IPO, FPO, Bonds and NCD's are available.
  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 ₹90 per month.
  4. Analysis tools available for intraday trading.
Cons
  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Doesn't offer BTST facility.
  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
Reviews
Promo / Offers

FREE Equity Delivery Trading

Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day and F&O Trades at flat ₹20 per order.

Request Callback

Free Equity Delivery Trade + Flat ₹9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat ₹9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.

Enquire UpstoxEnquire Tradeplus

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