Tradeplus Review Brokerage Margin/Exposure Mobile App Account Opening Demat IPO Branches Trading Software NRI Account Complaints FAQs Tradeplus Stock Trading, Demat, Brokerage and Reviews 2020 Tradeplus Account Opening Enquiry/Get a call Back Name Email address Calling No. WhatsApp No. State Select State Andra Pradesh Arunachal Pradesh Delhi Assam Bihar Chhattisgarh Goa Gujarat Haryana Himachal Pradesh Jammu and Kashmir Jharkhand Karnataka Kerala Madya Pradesh Maharashtra Manipur Meghalaya Mizoram Nagaland Orissa Punjab Rajasthan Sikkim Tamil Nadu Telagana Tripura Uttaranchal Uttar Pradesh West Bengal City 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 ₹90 per year. Tradeplus also offer Online Mutual Fund, IPO, Bonds and G-sec. Tradeplus is online brand of Navia Markets Ltd. Navia Markets is offering financial services since 1983 and member of NSE since 1995. Company re-launched its services under an integrated online brand called Trade Plus in 2014. Tradeplus offer a robust trading platform to its customer. The trading platform includes installable trading terminal (Exe), trading website and powerful mobile trading app. Tradeplus also offer NSE NOW platform to its customer in addition to its own trading platform Infini Power and Infini web and Tardeplus Mobile. Tradeplus Special Offers Free Equity Delivery Trade + Flat ₹9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat ₹9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you. Tradeplus Charges 2020 Trading Account Opening Charges (One Time): ₹199 Demat account Opening Charges (One Time): ₹0 Demat Account AMC (Annual Maintenance Charges): ₹90 per year (payable upfront) Trading Brokerages Tradeplus offer 2 brokerage plans or schemes. Infinite Trading Pack * Equity Delivery: Free Equity Intraday: 0.01% Equity Future: ₹799 per month Equity Options: ₹99 per month Currency Futures: ₹99 per month Currency Options: ₹99 per month Commodity Futures: ₹99 per month Commodity Options: ₹99 per month General Brokerage Pack (Brokerage for customer who don't subscribe to Infinite Trading Plans) Equity Delivery: Free Equity Intraday: 0.01% Equity Future: 0.01% Equity Options: ₹60 per lot Currency Futures: ₹20 per lot Currency Options: ₹60 per lot Commodity Futures: 0.01% Commodity Options: 0.01% * Additional mandatory software uses charges, SMS Charges, Call & Trade Charges, Instant Trade Confirmation charges ect. are applied in addition to the brokerage and taxes. Tradeplus Brokerage Charges Tradeplus Charges Equity Delivery Equity Intraday Brokerage Free 0.01% STT 0.1% on both Buy and Sell 0.025% on the Sell Side Transaction / Turnover Charges ₹330 per crore (0.0033%) (each side) ₹330 per crore (0.0033%) (sale side) Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge) SEBI Charges ₹5/Crore ₹5/Crore Stamp Charges* State wise State wise Tradeplus F&O Brokerage Futures Options Brokerage ₹799 per month or 0.01% on turnover each side ₹99 per month or ₹60 per lot each side STT 0.01% on Sell Side 0.05% on Sell Side(on Premium) Transaction / Turnover Charges ₹350 per crore (0.0035%) ₹7500 per crore (0.075%)(on premium) Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge) SEBI Charges ₹5/Crore ₹5/Crore Stamp Charges* State wise State wise Tradeplus Charges Currency Futures Currency Options Brokerage ₹99 per month or ₹20 per lot each side ₹99 per month or ₹20 per lot each side STT No STT No STT Transaction / Turnover Charges ₹165 per crore (0.00165%) ₹6000 (on premium) per crore (0.06%) Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge) SEBI Charges ₹5/Crore ₹5/Crore Stamp Charges* State wise State wise Tradeplus Charges Commodity Futures Commodity Options Brokerage ₹99 per month or 0.01% on turnover each side ₹99 per month or ₹60 per lot each side STT 0.01% on Sell Side (Non-Agri) 0.05% on Sell Side (Non-Agri) Transaction / Turnover Charges ₹400 (0.004%) Nil Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge) SEBI Charges ₹5/Crore ₹5/Crore Stamp Charges* State wise State wise Tradeplus Fee Structure: STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity. Stamp Duty for all states in India and NRIs: *: Charged based on the state where customer lives. Visit Tradeplus website to check the stamp duty in your state. Goods and Services Tax (GST): This is charged at 18% of the total cost of brokerage plus transaction charges. SEBI Charges: This is charged at ₹5 per Crore. Other Charges by Tradeplus: Software charges for INFINI-POWER - Equity: ₹499 per month or ₹1999 for 6 months or ₹2999 for 12 months Software charges for INFINI-POWER - MCX: ₹249 per month Call & Trade: ₹1000 per month Trade SMS confirmation: ₹99 per segment Physical contract note is charged at ₹50 per contact note. Electronic contact note though email is free. Cheque Bounce Charges 1% of cheque value (minimum ₹250 and maximum ₹1000). Modification charges ₹113 for every address detail modification including bank update etc. DP charges for delivery based equity selling - 0.02% of Transaction Value, subject to Minimum of ₹15 per Transaction & Maximum of ₹200. Standard NSE charges, transaction charges and statutory levies are charged. Tradeplus Demat Account Charges: Tradeplus also provide Demat account DP services. Tradeplus's charges for demat account transitions are as below: ID Transaction Charges 1 Demat Account Opening Charges ₹0 2 Stamp Charges payable upfront (at actuals) NA 3 Annual Maintenance Charges (AMC): a. Individuals ₹90 Per Year (Payable upfront every year) b. Corporates ₹1000 (Payable upfront every year) 4 Transaction Charges per ISIN (Market Trades): a. Buy (Receive) ₹0 b. Sell(Debit) 0.02% of Transaction Value, subject to Minimum of ₹15 per Transaction & Maximum of ₹200 5 Inter Depository Transfer (Off-Market Trades): a. Buy (Receive) NIL b. Sell(Debit) 0.04% of Transaction Value, subject to Minimum of ₹30 Per Transaction 6 Demat (Per certificate) ₹50 per DRF (up to 5 Certificates) 7 Remat (Per ISIN) ₹15 per certificate 8 Courier charges per Demat/ Remat request ₹50 9 Pledge Creation 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction. 10 Pledge Closure 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction. 11 Pledge Invocation 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction. 12 Periodic Statement: a. By Email Free b. Physical 13 Adhoc / Non Periodic Statement Requests: a. By Email ₹10 per request b. Physical ₹50 per request (up to 10 pages). Additional page at ₹5 + ₹50 (Couier Charges) 14 Delivery Instructions: a. First Delivery Instruction Book b. Every Additional Booklet 15 Cheque Bounce/ Per cheque 16 Failed Transactions ₹15 per transaction 17 Modification in CML ₹100 per request 18 KRA Upload / Download Get Tradeplus Pricing detail. Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer Tradeplus Trading Software Tradeplus offers 3 popular trading platforms along with verity tools to help investors and traders. INFINI Trading Solutions INFINI Trading Solution is Tradeplus's signature trading platform for trading, analytics and live market updates. This trading platform offers trading in Equity, Derivatives and Commodity segments at BSE, NSE and MCX. INFINI trading platform's front end is developed in-house by Tradeplus in association with Darts India Ltd. It uses Order Management System (OMS) and Risk Management System (RMS) of build by Omnesys (Thomson Reuters). INFINI Trading Platform comes with Trading Terminal (installable exe), Website and Mobile App for trading. INFINI Power INIFINI Power is exe based installable trading terminal offering integrated trading and analysis across the segments and exchanges. The trading application is loaded with tools like technical analysis, fundamental analysis, live quotes, alerts and announcements. Note that this software is available to customer at an additional cost. INFINI Web INFINI Web is a browser based trading website built with latest technology to offer all the features of trading terminal in a web browser. INFINI Web trading website offer trading & analysis across all the segments & exchanges (BSE, NSE & MCX). Tradeplus Mobile Tradeplus Mobile is a mobile trading app offering simple and feature rich trading experience on mobile phones. The mobile app offers integrated trading at BSE, NSE and MCX. The app also provides detail analysis, live data and all type of orders (including GTD and cover order). NSE NOW Trading Platform Tradeplus also offer NSE NOW completely for free to it's customers in addition to its own trading platform powered by Omnesys. NOW is among the most reliable and fast trading platform built and maintain by NSE. It offers trading in Equity, Equity Derivatives and Currency Derivatives segments at BSE and NSE. INFINI-TRADER (By Omnesys) Powered by Omnesys Technologies, INFINI-TRADER is the trading platform for Commodity segment. This platform is offered free of cost. INFINI MF INFINI MF is a Mutual Fund analysis and investment platform. This platform offers Online Mutual Fund investment in 'Direct' scheme (with No Distributors Fee) at flat ₹50 per month. No charge for investments upto ₹25,000. Note that in Direct MF Investment scheme, customer earns over 1% more in comparison to traditional Mutual Fund investment where MF Provide pays commission to the broker or agent. Tradeplus also provides regular mode of investments for which there is no monthly Fee. Get more info about Tradeplus INFINI MF detail. In addition to trading platform, Tradeplus also offers Analytics and Alert tools. AHA! AHA! Is an analytics tool designed for intraday traders. This tool analyzes the order placed by the customer and provide the analysis, patterns and risk profile to the trader. This helps trader in decision making. AMS! AMS or Alerts Management System is a tool provide by Tradeplus to set alerts on stock prices and get the SMS and Email alerts for ₹2 per alert. Tradeplus Pros and Cons Tradeplus Pros (Advantages) The following are the advantages of Tradeplus. You must read Tradeplus advantages and disadvantages before opening an account with Tradeplus. Tradeplus pros and cons help you find if it suits your investment needs. Tradeplus is an online stock broker offering unlimited trading plans at flat monthly price as well as conventional brokerage plans where brokerage is charged in %. Tradeplus offer free equity delivery trading. Customer doesn't pay any brokerage fee while buying / selling stocks in equity delivery (cash & carry) segment. Tradeplus INFINI trading platform is well designed and rich in features. This platform offers trading in all segments including commodity. NSE NOW trading platform is available along with its own INFINI trading platform. NSE NOW is available free of charge to all its customers. Tradeplus offers lower AMC on demat account. Customer pays only ₹90 AMC per year. Unlimited Call & trade is available for flat ₹75 per day or ₹1000 per month. Tradeplus Cons (Disadvantages) The following are the cons of Tradeplus. Check the list of Tradeplus drawbacks. In INFINI Trading Plan, the brokerage fee is just 99 per month for most segments but there are many hidden charges which make Tradeplus costlier broker in comparison to other discount brokers who charge fixed monthly brokerage. Charge extra monthly fee for trading software. Charges fixed monthly ₹1000 for call & trade. Customer could also pay flat ₹75 per day if he does not want to take monthly pack. Trade confirmation though SMS is charged at ₹99 per month per segment. Tradeplus doesn't offer per trade flat rate pricing like almost other discount brokers i.e. Zerodha's ₹20 per trade. This way, for casual investors, Tradeplus works like a traditional broker who charge brokerage in % of transactions. Tradeplus charge ₹90 AMC on demat account while few other discount brokers offers ₹0 AMC. Tradeplus Margin / Exposure Tradeplus leverage for intraday, delivery, options, currency and commodities. Segment Margin Equity Delivery Upto 4X Equity Intraday Upto 33X Equity Future Intraday leverage 2X | Cover Order Margin 3% Equity Options Intraday Leverage of 2X Currency Future Intraday Leverage of 2X Currency Options 1X Commodity Future Intraday Leverage of 2X Commodity Options Visit Tradeplus Margin Review for more detail. Tradeplus Ratings Overall Rating 3.2/5 Fees 3.5/5 Brokerage 4.1/5 Usability 3.0/5 Customer Service 2.8/5 Research Capabilities 3.0/5 Based on 29 Votes by Tradeplus Customers Tradeplus Complaint The number of Tradeplus customer complaint received by the exchanges. The Tradeplus consumer complaint report helps understanding the Tradeplus (Navia Markets Ltd) quality and relibility of service. Exchange Financial Year Number of Clients* Complaints** NSE 2020-21 16,392 8 NSE 2019-20 12,374 17 NSE 2018-19 8,997 22 BSE 2018-19 318 1 NSE 2017-18 7,421 13 BSE 2017-18 786 1 NSE 2016-17 5,752 6 NSE 2015-16 4,141 3 NSE 2014-15 3,854 21 NSE 2013-14 3,706 14 * The number of active customers reported by the broker. ** The total number of complaints received against the broker at the given exchange. NRI Trading with Tradeplus Tradeplus is one of the few stock brokers in India to launch online trading facility for NRI's in the year 2000. Tradeplus today caters to many NRIs, PIOs and OCIs residing in countries such as UAE, Singapore, United Kingdom, Canada, USA, Australia, New Zealand, Malaysia, South Africa, Nigeria and Saudi Arabia. Tradeplus has now re-launched its NRI services which provides simplified NRI & Demat account opening process. They provide personalized service in account opening by using latest means of communication i.e. whatsapp, online chat etc. Tradeplus also allows NRI's to invest in Mutual funds in a simple and cost effective manner. F&O Brokerage for NRI's The brokerage charges for NRI Futures is ₹1,500 plus GST and for Options is ₹99 Plus GST Key benefits of opening NRI Trading Account with Tradeplus Expertise of over 15 years in NRI Financial Services Offers Equities, Derivatives, Mutual Funds, IPOs, Bonds & Corporate Deposits. Open your account just in 10 days. Get assistance with filing income tax returns in India. Dedicated support provided by specialized team of relationship managers to help you build a strong portfolio Documents required for NRI Trading & Demat Account Copy of PAN card Overseas address proof - Copy of Driving License/Foreign Passport/Utility Bills/Bank Statement (not more than 2 months old ) /Notarized copy of rent agreement/Lease agreement/ Sale Deed Indian address proof, if any Passport size photograph In case of an Indian Passport: Copy of valid passport with place of birth as India, Copy of Valid Visa In case of Foreign Passport: Copy of Valid passport/ Residence Permit, Copy of PIO/OCI card. Get more info about Tradeplus NRI Trading.