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TradePlus Online is one of the well-known discount broker based out of Chennai.  Let’s have a detailed Trade Plus Online Review & get good understanding of TradePlus Online Brokerage Charges, TradePlus Online Demat Account, TradePlus Online Trading Platforms & other important features.


TradePlus Online Customer Ratings & Review

Tradeplus Online Customer Ratings & Review

About TradePlus Online

Company Type Public
Broker Type Discount Broker
Headquarters Chennai
Founder Jawahar Vadivelu
Established Year 1995

Trade Plus Online is one of the leading stockbroker. Trade Plus Online has plenty of efficient brokers with 40,000 clients across India. They started into Financial Service Industry in 1983 but became Equity Broker in 1995. Presently, the company CEO is S K Hozefa. Trade Plus Online is providing fully automated computerized trading platform to its client to trade in various segment.

This platform uses NEST traders for trading. You can make buying, selling, observation and trading on this platform. Open Trade Plus Online account for trading with zero opening fees.

Trade Plus Online is among lowest trading plans with unlimited equity option, currency and commodity. Margin against share is available and it covers through order this helps you trade more with little money. Here the price of share increases and you use the same money to trade as well. NRI trading option is available here from Trade Plus Online.

They have innovative brokerage plans and you can request a free call back from trade plus where your bargain skills will be tested to the best. Pay no brokerage for delivery trades (sounds cool to ears but are true as well). They have trading and back office facility and best service to offer to both amateur and expert traders.

They are the members of NSE, BSE, MCX and NSDL. In 2017, they have launched INFINITE trading and MF solutions. Trade Plus Online was honored with NSDL Star Performance Award in 2013, 2015 and also in 2016.

More about Tradeplus Online

The unlimited trading plan is the most famous refundable plan (yes refundable when not used) you can get in the trade plus online. They have excellent customer support during your trading periods. Their qualified experts will provide you the proper investment plan. They assist you during the trade online.

They have unique trade plus features. You can take the advantages of the best trading feature to execute your trade and the operation is really easy to understand. Their technical analysis will serve you during the trading, as they have good success rate for the tips they provide.

Trade Plus Online has subscription portal for its clients. This will allow clients to deactivate and then reactivate their services such as alerts, SMS, many other packs. Trade Plus Online offer many cash back offers to their clients. Trade Plus Online provides the exclusive discount brokerages for an excellent trading online.

Open Demat Account with TradePlus Online

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    Trade Plus Online Brokerage Charges

      Flat Zero brokerage Scheme Flexi brokerage Scheme
    Equity Delivery Trading Free Free
    Equity Intraday Trading NA 0.01% or 9 per executed order, whichever is lower
    Commodity Trading Rs. 99 per month Rs. 9 per traded order
    Equity Futures Trading Rs. 799 per month Rs. 9 per traded order
    Equity Options Trading Rs. 99 per month Rs. 9 per traded order
    Currency Futures Trading Rs. 99 per month Rs. 9 per traded order
    Currency Options Trading Rs. 99 per month Rs. 9 per traded order
    Minimum Brokerage Rs.10 Rs.10
    Demat AMC Charges NA NA
    Trading AMC Charges Free Free
    Margin Money Zero Zero

    TradePlus Flat Zero Brokerage Scheme

    This Scheme is best suited for the experienced traders who undertake bulk trades and wish to cut short their brokerage per trade order.

    In this scheme, no charge is levied in delivery segment at all, which intraday segment trading is not included. As for derivative trading, you can trade in the Equity Futures segment at just Rs.799 per month, irrespective of the number of trades you attempt.

    As for the Equity  options segment, commodity and the Currency segment, it is a meager sum of Rs.99 per month.

    Flexi Brokerage Scheme

    This plan is for all the beginners and the people who are just getting started with their trading journey. As a matter of fact, people get started with equity delivery segment, which is free of brokerage entirely, a rather great perk investors can enjoy.

    On the other end, trading in intraday segment, the brokerage is 0.01% or 9 per executed order, whichever is lower. This is a great chance you can grasp and also try your hand at intraday trading.

    As for the other remaining segments, you can trading in all derivatives and commodities at just Rs.9 per traded order.

    Find brokerage charges of other Stock Brokers

    TradePlus Online Charges

    Other than brokerage charges various other charges are levied to the client but these charges are very small in number & percentage.

    Transaction Charges 0.00325% of Total Turnover
    STT 0.0126% of Total Turnover
    SEBI Turnover Charges Rs.10 per crore
    Stamp Duty Depends on State (very minimal)
    GST 18% of (Brokerage + Transaction Charges)

    These charges are very minimal & they don’t affect the overall ROI of the Investment. These charges are assuredly deducted from each of the segment, and while you know of them now, you must also check the other charges.

    Such other charges include various kind of requests you will place with the stock broker.

    • Call and Trade Charge – If you wish to use the service this stock broker provides you with, you will have to spend Rs.75/- per day +GST (Applicable also on Admin Square off orders for Margin Shortfall / Debits / MIS positions).
    • DP Transaction Charges – 0.03% of transaction value, subject to a minimum of Rs.25 & maximum of Rs.250 per transaction.
    • Demat – If you want to avail the dematerialization service, the charge is Rs. 50/- per DRF (up to 5 Certificates) More than 5 Certificates Rs. 5/- per certificate plus Rs. 50/- (Minimum Charges).
    • Remat – For this service in particular, the charge is Rs 15 per certificate, per ISIN.
    • Pledge Charges – The constant charge of 0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction is taken for all requests, i.e. Creation, Closure, and Invocation.

    TradePlus Online Demat Account Opening Fees

    Depository Source CDSL
    Account Opening Charges NA
    Demat AMC Charges NA
    Trading AMC Charges Rs.650 (with GST)
    Margin Money Zero
    Offline to Online No

    TradePlus charges INR 650 for opening a trading account and the AMC is Nil. For DEMAT account, there are no account opening charges but an AMC of INR 400 per annum.

    TradePlus Online Offers

    Margin Money Yes
    Free Demat Account Yes
    Free Trading Account No
    Discount on Brokerage Yes
    Trading Happy Hours No
    Flexible Brokerage Plans No
    1 Month Brokerage Free No
    Holiday Offers No
    Referral Offers No
    Zero Brokerage for Loss Making Trades No

    Here are the list of Offers provided by TradePlus Online

    • Zero Margin Money
    • Free Demat Account
    • Discount on Brokerage

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    How to open Demat account with Trade Plus Online?

    • Fill up the Lead Form – Click here
    • Prospect will receive a call from sales team
    • Appointment will be set-up as per prospects availability
    • Sales person will visit the prospect
    • Prospect will have to provide few information & documents like Aadhaar Details, PAN Details, Account Opening Fees & POA
    • Account will be activated within 1 working day

    This Entire process takes 5 or 7 days to complete.

    Why Open TradePlus Online Trading Account?

    • Lower Refundable brokerage.
    • They give probably the best platform for trading online.
    • NRI trading service with client base facility.
    • Zero brokerage plans in commodity trading.
    • Account opening in 15 mins and Demat account service with zero amounts.
    • Mutual Fund/IPO/Bond investments online possible.
    • Awesome Referral Program.

    Get a Call back from TradePlus Online

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      Trade Plus Online Products & Services

      Here is the list of Products & Services provided by the broking house

      Trade Plus Online Products

      Equity Trading Yes
      Commodity Trading Yes
      Currency Trading Yes
      Options Yes
      Futures Yes
      Mutual Funds Yes
      Forex No
      Banking No
      SIP No
      Insurance Yes

      List of Products offered are:

      • Equity
      • Derivatives
      • Commodity
      • Mutual Funds
      • Insurance
      • Currency

      Trade Plus Online Services

      Demat Services Yes
      Trading Services Yes
      3 in 1 Acount No
      Intraday Services Yes
      IPO Services Yes
      Stock Recommendations No
      Robo Advisory Yes
      PMS No
      Trading Institution No
      Trading Exposure Upto 30x

      Various Services offered:

      • Demat Account
      • Trading Account
      • Intraday Services
      • Robo Advisory
      • IPO Services
      • MF
      • Exposure upto 30x

      Trade Plus Online Research, Advisory & Stock Tips

      Look at this table for all information about their research & recommendations

      Fundamental Reports No
      Research Reports No
      Company Reports No
      Annual Reports No
      Company Stock Review No
      Free Stock Tips No
      IPO Reports No
      Top Picks Yes
      Daily Market Review No
      Monthly Reports No
      Weekly Reports No
      Offline Advisory No
      Robo Advisory Yes
      Relationship Manager No

      Trade Plus Online Exposure or Leverage

      The broking company provides upto 20x exposure to their clients. Exposure varies on various parameters

      • Clients Holdings(Trader client or high value client gets high exposure)
      • Clients History(old client gets high leverage)
      • Type of investment(Equity, Derivatives, Currency, Commodity)
      • Company Scrip(High networth company has high exposure scrip)
      Equity Delivery Upto 4X
      Equity Intraday Upto 20X
      Equity Futures Intraday leverage 2X | Cover Order Margin 3%
      Equity Options Intraday Leverage of 2X
      Currency Futures Intraday Leverage of 2X
      Currency Options 1X
      Commodity Future Intraday Leverage of 2X
      Commodity Option NA

      Check Margin or Exposure of other stock brokers

      Trade Plus Online Trading Platforms

      The Discount broker provides trading platform for all types of devices & browsers, Let’s have a detailed review of the same.

      Tradeplus INFINI Trading Review: Tradeplus Web based Trading Platform

      This will provide you a great trading experience and this platform is good for market information and complete analysis for equity and commodity.

      Tradeplus INFINI Power Review: Tradeplus Desktop based Trading Terminal

      It provides you fundamental insight of equity and commodity segment. It is an EXE based trading platform.

      Tradeplus INFINI Web: Tradeplus Web based Trading Platform

      It is HTML5 based trading and analytics platform with customizable workspace options

      Tradeplus Mobile App: Tradeplus Mobile App based Trading Platform

      Here you can check your DP related and Ledger related feature and options.

      All these Trading Platforms comes with various features listed below:

      Features of Trade Plus Online Trading Platforms:

      Desktop Platform – Windows Yes
      Desktop Platform – Mac Yes
      Desktop Browser Platform Yes
      Mobile Site Platform Yes
      Android App Platform Yes
      iOS App Platform Yes
      Windows App Platform No
      Other Mobile OS Platform No
      Real time Updates Yes
      Portfolio Details Yes
      Online MF Buy Yes
      News Flash Yes
      Research Reports No
      Easy Installation Yes
      Global Indices Yes
      Stock Tips Yes
      Personalized Advisory Yes
      Interactive Charts Yes
      Live Markets Yes
      SMS Alerts Yes
      Email Alerts Yes
      Multi Account Management No

      Apart from these 4 platforms, there are few others provided by the broking house.

      NEAT ON WEB (NOW):

      Powered by NSE, a platform for trading on both NSE & BSE. It is good for investors to trade in Equity, Equity Derivatives & also Currency Derivative.


      By Omnesys Technologies – for commodity segment, whose features are not chargeable.

      TradePlus AHA:

      An analytical tool for intraday trading

      TradePlus AMS

      A unique alert management system for better and safe trading.

      Trade Plus Online Customer Support

      Here is the list of Support they provide to their client.

      Dedicated Dealer No
      Offline Trading No
      Online Trading Yes
      24*7 Support Yes
      Support Number 044-2821 4171
      Email Support Yes
      Chat Support No
      Toll Free Number 1800-425-75757
      Branches Zero

      Trade Plus Online Complaints & Feedback

      Here are the total number of complaints lodged & resolution status of Trade Plus Online for the current year.

      Lodged in BSE 38
      Resolved in BSE 19
      Lodged in NSE 136
      Resolved in NSE 98

      The broking house do get sizable volume of complaints but they are not able to resolve the issues very fast.

      NOTE* – Their TAT for resolving any kind of complaint is 30 days. Their feedback team to be agressive towards resolving client complaints.

      Tradeplus Online Advantages & Disadvantages

      Here are the list of pros & cons of the broking house.


      • Offers mutual funds and insurance
      • Has an advisory system for guiding investor on what MF to opt for and what amount to be insured, etc.
      • User friendly trading platforms
      • Has a very competitive brokerage rate


      • Does not offer commodity trading
      • Advisory is mainly from robotic tools and hence is very algorithmic

      Tradeplus Online – Conclusion

      Tradeplus Online is not a major discount broker but they are doing a very good work to increase their client base & revenue. Their client rating is at 5.7 of 10. Our vast experience shows that open demat account with Tradeplus online only if you are 100% convinced that other brokers are not competitive. Traders community are recommended & not Investor community for account opening with this broking house.

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