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Upstox Vs Tradeplus (Compare Upstox and Tradeplus)

About 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...

Upstox Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About 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 Fund, I...

Tradeplus Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 1995, 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
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2012	1995
Number of Branches	4
	Open Upstox Account	Open Tradeplus Account

Upstox Vs Tradeplus Charges & AMC

Upstox trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0 (Free). Upstox Demat Account AMC Charges is Rs 150 and Tradeplus Demat Account AMC Charges is Rs 0.

	Upstox	Tradeplus
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 150	Rs 0

Upstox Vs Tradeplus Brokerage

Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Tradeplus brokerage charges for equity is Rs 99 per month (unlimited trading) and intraday is Rs 99 per month (unlimited trading).

Account Type	Upstox Default	Tradeplus Smart Flat Plan
Fixed Charges	NA	Rs 99 per month (unlimited trading)
Equity Delivery	Rs 20 per executed order or 2.5% whichever is low	Rs 99 per month (unlimited trading)
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	Rs 99 per month (unlimited trading)
Equity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 99 per month (unlimited trading)
Equity Options	Rs 20 per executed order	Rs 99 per month (unlimited trading)
Currency Futures	Rs 20 per executed order or 0.05% whichever is lower	After 31 trades Lower of - Rs 9 per trade or 0.05%
Currency Options	Rs 20 per executed order	After 31 trades Lower of - Rs 9 per trade or 0.05%
Commodity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 99 per month (unlimited trading)
Commodity Options	Rs 20 per executed order	Rs 99 per month (unlimited trading)
Special Offer	Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account 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.

Upstox Vs Tradeplus Brokerage Plan 2

	Upstox	Tradeplus
Account Type	Default	Flat Pro Plan
Fixed Charges	NA	Rs 499 per month (unlimited trading)
Equity Delivery	Rs 20 per executed order or 2.5% whichever is low	Rs 0
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	Rs 0
Equity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 0
Equity Options	Rs 20 per executed order	Rs 0
Currency Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 0
Currency Options	Rs 20 per executed order	Rs 0
Commodity Futures	Rs 20 per executed order or 0.05% whichever is lower	Rs 0
Commodity Options	Rs 20 per executed order	Rs 0
	Open Upstox Account	Open Tradeplus Account

Upstox Charges Vs Tradeplus

Minimum Brokerage	0.05%
Other Charges	Auto Square-off Charges: Rs 50	SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 20 per trade	Flat Rs 75 per day

Upstox Vs Tradeplus Transaction Charges

Upstox transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) while Tradeplus exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

	Upstox	Tradeplus
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	BSE Rs 345 per Cr (0.00345%)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 335 per Cr (0.00335%)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	NSE Rs 95 per Cr (0.00095%) \| BSE Rs 22 per Cr (0.00022%)
Currency Options	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 3700 per Cr (0.037%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Group A - Rs 290 per Cr (0.0029%)	Rs 500 (0.005%)
	Open Upstox Account	Open Tradeplus Account

Upstox Vs Tradeplus Leverage (Margin)

Upstox 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.

	Upstox	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 Upstox Account	Open Tradeplus Account

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
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	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola	INFINI, NSE NOW
Intraday Square-off Time	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Option strategy builder
	Open Upstox Account	Open Tradeplus Account

Upstox Vs Tradeplus Review

Upstox is rated 2.4 of 5 based on 140 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

	Upstox	Tradeplus
	140 Customer Reviews	37 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Upstox is rated 2.4 of 5 based on 140 customer reviews	Tradeplus is rated 2.9 of 5 based on 37 customer reviews

Contact Broker / Request A Call Back

	Upstox Enquire	Tradeplus Enquire
Contact Broker	Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.	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.

Upstox Vs Tradeplus Investment Options

	Upstox	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Upstox Vs Tradeplus Order Type Offered

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

Upstox Vs Tradeplus Research Report

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

Upstox Vs Tradeplus Suitable For Investor Type

	Upstox	Tradeplus
Casual Investor
Active Investor
Trader

Upstox Vs Tradeplus - Pros and Cons

	Upstox	Tradeplus
Pros	Zero account opening fee. Zero brokerage for Mutual Fund investment. Flat Rs 20 per trade brokerage for all other segments including equity delivery. Offer direct mutual funds. One app for trading in equity, currency, and commodity. Margin Trading Facility (MTF) is available at interest rate of Rs 20/day for slabs of Rs 40,000. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available. Good-Till-Triggered (GTT) orders are available.	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	Equity delivery brokerage fee is Rs 20 per trade. Other brokers like Zerodha offers brokerage-free equity delivery trades. Doesn't offer unlimited trading plans. Doesn't offer margin funding for delivery trades. Doesn't offer stock tips or recommendations. Doesn't offer a 3-in-1 account. Doesn't offer 24/7 customer support. Doesn't offer API access for automated trading. Doesn't offer NRI Trading and Demat account. Doesn't offer BTST Doesn't offer digital gold. Call-and-trade fee is Rs 20 per executed order extra. Automatic settlement charges an additional Rs 50 per executed order. Higher Demat Debit Transaction charges (Rs 18.5 per ISIN). Zerodha charges Rs 13.5. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
Promo / Offers	Upstox Special Offer Exclusive offer by Upstox Pay flat Rs 20 for Eq Delivery, Intra-day and F&O Trades. Pay Rs 0 commission for Mutual Funds. It is a limited-time offer. Open Instant Account and start trading the same day.	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 Upstox Account	Open Tradeplus Account

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