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Upstox Vs Tradeplus Share Broker Comparison

The side-by-side comparison of Upstox and Tradeplus (Navia Markets Ltd) stock brokers in India. The comparison below highlights the similarities and differences between Upstox and Tradeplus's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Upstox and Tradeplus.

  Upstox Tradeplus (Navia Markets Ltd)
 
Upstox Logo Tradeplus (Navia Markets Ltd) Logo
About the Broker 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 ... Know more about Upstox 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 ... Know more about Tradeplus (Navia Markets Ltd)
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Upstox Basic Infinite Trading Plans
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.
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Stock Broker Fees / Charges

  Upstox Tradeplus (Navia Markets Ltd)
Trading Account Opening Fees ₹150 (Eq and F&O), ₹150 (MCX) ₹199
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹150 ₹900 (for 10 years), ₹500 (5 years) AMC Free Acct
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Upstox Tradeplus (Navia Markets Ltd)
Account Type Upstox Basic Infinite Trading Plans
Fixed Charges ₹0
Equity Delivery Brokerage ₹0 ₹0 (Free)
Equity Intraday Brokerage ₹20 per trade or 0.01% (whichever is lower) 0.01%
Equity Futures Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹799 per month (unlimited trading)
Equity Options Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹20 per trade or 0.01% (whichever is lower) ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage

Brokerage Plan 2

  Upstox Tradeplus (Navia Markets Ltd)
Account Type Upstox Priority General Brokerage Plan
Fixed Charges ₹0 NA
Equity Delivery Brokerage ₹0 ₹0 (Free)
Equity Intraday Brokerage ₹30 per trade or 0.05% (whichever is lower) 0.01%
Equity Futures Brokerage ₹30 per trade or 0.05% (whichever is lower) 0.01%
Equity Options Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹60 per lot
Currency Futures Trading Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹20 per lot
Currency Options Trading Brokerage ₹30 per trade or 0.05% (whichever is lower) ₹60 per lot
Commodity Futures Trading Brokerage ₹30 per trade or 0.05% (whichever is lower) 0.01%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges ₹20 per trade ₹1000 per month
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Taxes

  Upstox Tradeplus (Navia Markets Ltd)
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Upstox Tradeplus (Navia Markets Ltd)
Equity Delivery NSE ₹325 | BSE ₹275 ₹330 per crore (0.0033%) (each side)
Equity Intraday NSE ₹325 | BSE ₹275 ₹330 per crore (0.0033%) (sale side)
Equity Futures NSE ₹210 ₹350 per crore (0.0035%)
Equity Options NSE ₹5500 ₹7500 per crore (0.075%)(on premium)
Currency Futures ₹150 ₹165 per crore (0.00165%)
Currency Options ₹6000 ₹6000 (on premium) per crore (0.06%)
Commodity MCX ₹260/Cr ₹400 (0.004%)
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Exposure

  Upstox Tradeplus (Navia Markets Ltd)
Equity Delivery 2.5x Upto 4X
Equity Intraday Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x Upto 33X
Equity Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x Intraday leverage 2X | Cover Order Margin 3%
Equity Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x Intraday Leverage of 2X
Currency Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x Intraday Leverage of 2X
Currency Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x 1X
Commodity Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x Intraday Leverage of 2X
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Share Broker Features

  Upstox Tradeplus (Navia Markets Ltd)
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)
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 3:15 PM
Other Features Option strategy builder
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Broker Ratings (Average User Rating)

  Upstox Tradeplus (Navia Markets Ltd)
  49 Customer Reviews    Rate Upstox 21 Customer Reviews    Rate Tradeplus
Fees Ratings 3.8 3.5
Trading Brokerage Rating 3.6 4.2
Trading Platform Usability 2.9 3.0
Customer Service Ratings 2.5 2.8
Overall Ratings Rated 2.6 stars Rated 3.2 stars
Broker Rating Upstox is Rated 2.6 / 5 based on 49 customer reviews Tradeplus is Rated 3.2 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Upstox Tradeplus (Navia Markets Ltd)
Contact / Request Call Back
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Investment Options Available

  Upstox Tradeplus (Navia Markets Ltd)
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Customer Service Offered

  Upstox Tradeplus (Navia Markets Ltd)
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
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Order Type

  Upstox Tradeplus (Navia Markets Ltd)
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Research / Tips / Reports Published

  Upstox Tradeplus (Navia Markets Ltd)
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Suitable for Investor Category

  Upstox Tradeplus (Navia Markets Ltd)
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Upstox Tradeplus (Navia Markets Ltd)
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.

More Advantages...

  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.

More Advantages...

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.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.

More Disadvantages...

Reviews Useful articles about Upstox:
Promo / Offers

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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