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Trade Plus Online Vs TradeJini – Indian Share Brokers Comparison
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Trade Plus Online Vs TradeJini
Here is a point by point comparison of Trade Plus Online Vs TradeJini. 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 a 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.
TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
Everything about discount brokers such as TradeJini or Trade Plus Online is internet based, be it – customer service, trading, account opening etc. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market, your long and short term plans of investing or trading and so on.
To make things easy for you, we have listed out the comparison between Trade Plus Online Vs TradeJini 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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Tradejini Review | Trade Plus Online Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2012 | 1995 |
| Number of branches across India | 1 | 300 |
| Exchanges | BSE, NSE, MCX and MCX SX | NSE, BSE, MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹695 (get ₹300 off by Opening Account through Us) | ₹199 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹499 (for 5 years) |
| Demat Account Opening Charges | ₹300 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
| Transaction Charges | Tradejini Transaction Charges | TradePlus Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 per executed order or 0.10% of Turnover whichever is lower | 0.1% |
| Intraday Delivery | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.01% |
| Equity Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹799 per month for Unlimited trading or 0.01% whichever is lower |
| Equity Options | ₹20 per executed order | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Options | ₹20 per executed order | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Commodity | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Brokerage Calculator | Tradejini Brokerage Calculator | TradePlus Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 Times for Intraday, & No leverage for Delivery | 4 times for Delivery on Shares when VAR margin is less than 20% |
| Equity Futures | Normally 2.5 times with stop loss upto 5 times | NA |
| Equity Options | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times | Upto 2 times for Intraday |
| Currency Futures | NA | NA |
| Currency Options | NA | Upto 2 times for Intraday |
| Commodities | Upto 3 times for Intraday | 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) | NEST, NSE Now, NSE Mobile Trading App | Nest On Web, Infini Trader, TradPlus Mobile |
| Total BSE+NSE Complaints | 9 | 140 |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Trade Plus Online Vs TradeJini for the benefits of other readers. Please feel free to share in the comments below.
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Trade Plus Online Vs TradeJini
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