TradePlus Online Review, Brokerage Charges, Demat Account, Trading Platforms & more

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 TypePublic
Broker TypeDiscount Broker
HeadquartersChennai
FounderJawahar Vadivelu
Established Year1995

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

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Trade Plus Online Brokerage Charges

Equity Delivery TradingRs.10
Equity Intraday TradingRs.10
Commodity TradingNA
Equity Futures TradingRs.10
Equity Options TradingRs.10 per Lot
Currency Futures TradingRs.10
Currency Options TradingRs.10 per Lot
Minimum BrokerageRs.10
Demat AMC ChargesNA
Trading AMC ChargesFree
Margin MoneyZero

TradePlus Online Brokerage Plans

  • Infini Equity Options – At Rs 99/month, unlimited Options Trading, 2X Intraday Leverage Selling, at Zero Brokerage
  • Commodity Options Infini- At Rs 99/month, unlimited MCX Options Trading, 2X Intraday Leverage Selling, at Zero Brokerage
  • Infini Equtiy Futures – At Rs 799/month, unlimited Futures Trading, 2X Intraday Leverage on Futures, at Zero Brokerage
  • Commodity Futures Infini– At Rs 99/month, unlimited MCX Commodity Trading, 2X Intraday Leverage (on Metals and Energy), at Zero Brokerage
  • Infini Currency F&O – At Rs 99/month, unlimited Currency Trading, 2X Intraday Leverage on Futures, at Zero Brokerage
  • Equity Brokerage – In Intraday (0.01%) and Delivery (0.10%), has low brokerage charge on equity trading that is Intraday Leverage upto 33X and Delivery Leverage upto 4X.

NOTE: If you don’t trade, you get 100 % refund on monthly subscribed fee.

Value PacksPrice
Call N tradeRs.1000
INFINITE TRADING SOLUTIONS (ITS)
ITS 499 – Monthly PlanRs.499/month
ITS 333 – Half Yearly PlanRs.333/month
ITS 249 – Yearly PlanRs.249/month
Instant Trade ConfirmationRs. 99 per segment

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 Charges0.00325% of Total Turnover
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

These charges are very minimal & they don’t affect the overall ROI of the Investment.


TradePlus Online Demat Account Opening Fees

Depository SourceCDSL
Account Opening ChargesNA
Demat AMC ChargesNA
Trading AMC ChargesRs.650 (with GST)
Margin MoneyZero
Offline to OnlineNo

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 MoneyYes
Free Demat AccountYes
Free Trading AccountNo
Discount on BrokerageYes
Trading Happy HoursNo
Flexible Brokerage PlansNo
1 Month Brokerage FreeNo
Holiday OffersNo
Referral OffersNo
Zero Brokerage for Loss Making TradesNo

Here are the list of Offers provided by TradePlus Online

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

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

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Trade Plus Online Products & Services

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

Trade Plus Online Products

Equity TradingYes
Commodity TradingYes
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsYes
ForexNo
BankingNo
SIPNo
InsuranceYes

List of Products offered are:

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

Trade Plus Online Services

Demat ServicesYes
Trading ServicesYes
3 in 1 AcountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsNo
Robo AdvisoryYes
PMSNo
Trading InstitutionNo
Trading ExposureUpto 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 ReportsNo
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsNo
IPO ReportsNo
Top PicksYes
Daily Market ReviewNo
Monthly ReportsNo
Weekly ReportsNo
Offline AdvisoryNo
Robo AdvisoryYes
Relationship ManagerNo

Trade Plus Online Exposure or Leverage

The broking company provides upto 30x 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 DeliveryUpto 5x
Equity IntradayUpto 30x
Equity FuturesUpto 8x
Equity OptionsUpto 12x
Currency FuturesUpto 6x
Currency OptionsUpto 10x
CommoditiesUpto 10x

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 – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformYes
Mobile Site PlatformYes
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyYes
News FlashYes
Research ReportsNo
Easy InstallationYes
Global IndicesYes
Stock TipsYes
Personalized AdvisoryYes
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

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.

INFINI-TRADER:

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 DealerNo
Offline TradingNo
Online TradingYes
24*7 SupportYes
Support Number044-2821 4171
Email SupportYes
Chat SupportNo
Toll Free Number1800-425-75757
BranchesZero

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 BSE38
Resolved in BSE19
Lodged in NSE136
Resolved in NSE98

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.

Advantages

  • 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

Disadvantages

  • 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.


Get a Call back from TradePlus Online

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

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