INDmoney Vs TradePlus
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs TradePlus - Broker Details
| INDmoney | TradePlus | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2019 | 1983 |
| Exchanges | NSE, BSE and MCX | BSE, NSE, MCX, and CDSL |
| Branches | 966 | N/A |
| Brokerage | 0.05% or up to ₹20/Per Order | 0.025% on the Sell Side |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs TradePlus - Account Opening & AMC Charges
| INDmoney | TradePlus | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
INDmoney Vs TradePlus - Brokerage charges & Plans
| INDmoney | TradePlus | |
|---|---|---|
| Commodity Futures | N/A | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹99 per month or ₹60 per lot each side |
| Commodity Options | N/A | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹799 per month or 0.01% on turnover each side |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | 0.05% or up to ₹20/Per Order | 0.01% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.01% |
INDmoney Vs TradePlus - Other Charges
| INDmoney | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | ₹1500 + GST for a month |
| Call & Trade Charges | ₹50 per position | ₹ 75/- per day +GST |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 0.01% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 0.01% |
INDmoney Vs TradePlus - Transaction Charges
| INDmoney | TradePlus | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE: 0.037% | BSE: 0.00025% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: NSE: 0.002% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00335% | BSE:0.00375% |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.0505% | BSE:0.00375% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | NSE: 0.0026% | BSE:0.0014% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE: 0.00095% | BSE: 0.00022% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00375% | BSE:0.00335% |
INDmoney Vs TradePlus - Margin (Exposure)
| INDmoney | TradePlus | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs TradePlus - Features
| INDmoney | TradePlus | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
INDmoney Vs TradePlus - Review & Rating
| INDmoney | TradePlus | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs TradePlus - Request a call back from Broker
| INDmoney | TradePlus | |
|---|---|---|
INDmoney Vs TradePlus - Investment Options
| INDmoney | TradePlus | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
INDmoney Vs TradePlus - Order Type
| INDmoney | TradePlus | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
INDmoney Vs TradePlus - Research & Report
| INDmoney | TradePlus | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
INDmoney Vs TradePlus - Daily Market Report
| INDmoney | TradePlus | |
|---|---|---|
| Daily Market Reports & News |
|
|
INDmoney Vs TradePlus - Suitable For Investor
| INDmoney | TradePlus | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
INDmoney Vs TradePlus - Pros & Cons
| INDmoney | TradePlus | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services |
INDmoney Vs TradePlus - Background
| INDmoney | TradePlus | |
|---|---|---|
INDmoney Vs TradePlus - Compare All Brokers
| INDmoney | TradePlus | |
|---|---|---|
INDmoney Vs TradePlus - STT/CTT
| INDmoney | TradePlus | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs TradePlus - Demat transaction charges
| INDmoney | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹50+ Gst per scrip only on sell |
INDmoney Vs TradePlus - GST
| INDmoney | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges) |
INDmoney Vs TradePlus - SEBI Charges
| INDmoney | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs TradePlus - Account Opening & AMC Charges
INDmoney
TradePlus
Trading Account Opening Charge
₹0 (Free)
₹99* per month (This charge depends on the plan)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹99* per month (This charge depends on the plan)
INDmoney Vs TradePlus
| INDmoney | TradePlus | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
TradePlus Online Review 2024 |
|
|
|
|
|
TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs TradePlus - Brokerage charges & Plans
| INDmoney | TradePlus | |
|---|---|---|
| Commodity Futures | N/A | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹99 per month or ₹60 per lot each side |
| Commodity Options | N/A | ₹99 per month or ₹60 per lot each side |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹799 per month or 0.01% on turnover each side |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | 0.05% or up to ₹20/Per Order | 0.01% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.01% |
INDmoney Vs TradePlus - Margin (Exposure)
| INDmoney | TradePlus | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs TradePlus - Other Charges
| INDmoney | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | ₹1500 + GST for a month |
| Call & Trade Charges | ₹50 per position | ₹ 75/- per day +GST |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 0.01% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 0.01% |
INDmoney Vs TradePlus - STT/CTT
| INDmoney | TradePlus | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs TradePlus - Demat transaction charges
| INDmoney | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹50+ Gst per scrip only on sell |
INDmoney Vs TradePlus - GST
| INDmoney | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges) |
INDmoney Vs TradePlus - SEBI Charges
| INDmoney | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs TradePlus - Features
| INDmoney | TradePlus | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|