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FundsIndia Vs TradePlus Online
| | Broker Comparison, Trading | No Comments
Here is a point by point comparison of FundsIndia Vs TradePlus Online. TradePlus Online is a discount broker and started as an Equity broker with NSE in 1995 and with BSE recently in 2010.
It has a unique pricing model where it charges fixed monthly fees for unlimited trading on trading segments including Currency, Options and Commodity. They are one of their own kind when it comes to using Social Media as they use Twitter to handle clients’ issues keeping TAT pretty quick and customer satisfaction high.
FundsIndia Vs TradePlus Online Comparison
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
Discount brokers such as FundsIndia or TradePlus Online offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between FundsIndia Vs TradePlus Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
FundsIndia Vs TradePlus Online Details
 |  | |
| FundsIndia Review | Trade Plus Online Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2009 | 1995 |
| Number of branches across India | 1 | 300 |
| Exchanges | SEBI | NSE, BSE, MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹199 |
| Trading Account Annual Maintenance Charges | ₹200 | ₹499 (for 5 years) |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
| Transaction Charges | FundsIndia Transaction Charges | TradePlus Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | Min. ₹6, Max ₹20 | 0.1% |
| Intraday Delivery | Min. ₹6, Max ₹20 | 0.01% |
| Equity Futures | Min. ₹6, Max ₹20 | ₹799 per month for Unlimited trading or 0.01% whichever is lower |
| Equity Options | Min. ₹6, Max ₹20 | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Futures | NA | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Options | NA | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Commodity | NA | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Calculate Brokerage | FundsIndia Brokerage Calculator | TradePlus Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 Times | 4 times for Delivery on Shares when VAR margin is less than 20% |
| Equity Futures | Upto 5 Times | NA |
| Equity Options | Upto 5 Times | Upto 2 times for Intraday |
| Currency Futures | NA | NA |
| Currency Options | NA | Upto 2 times for Intraday |
| Commodities | NA | Upto 2 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis |  | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | FundsIndia Web, FundsIndia Mobile App | Nest On Web, Infini Trader, TradPlus Mobile |
| Total BSE+NSE Complaints | 2 | 140 |
| OVERALL RATING |  | |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with FundsIndia Vs TradePlus Online for the benefits of other readers? Please feel free to share in the comments below.
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FundsIndia Vs TradePlus Online
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