Trade Plus Online Vs EZ Wealth – Indian Share Brokers Comparison
Trade Plus Online Vs EZ Wealth
Here is a point by point comparison of Trade Plus Online Vs EZ Wealth. 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.
EZ Wealth is a New Delhi based discount stock broker coming from the house of Wealth Discovery Securities Private limited. The broker offers low brokerage at 11 and in fact offers multiple brokerage plans depending on user’s preference. Furthermore, the broker also provides free research and tips to its clients.
Everything about discount brokers such as EZ Wealth 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 EZ Wealth 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.
Comparison
EZ Wealth Review | Trade Plus Online Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2017 | 1995 |
Number of branches across India | 1 | 300 |
Exchanges | NSE, BSE, MCX, NCDEX | NSE, BSE, MCX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹1100 | ₹199 |
Trading Account Annual Maintenance Charges | ₹0 | ₹499 (for 5 years) |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | TradePlus Online Transaction Charges | |
BROKERAGE | ||
Equity Delivery | ₹11 per executed order | 0.1% |
Intraday Delivery | ₹11 per executed order | 0.01% |
Equity Futures | ₹11 per executed order | ₹799 per month for Unlimited trading or 0.01% whichever is lower |
Equity Options | ₹11 per executed order | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Currency Futures | ₹11 per executed order | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Currency Options | ₹11 per executed order | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Commodity | ₹11 per executed order | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Brokerage Calculator | EZ Wealth Brokerage Calculator | TradePlus Online Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | 3 to 10 times for Intraday | 4 times for Delivery on Shares when VAR margin is less than 20% |
Equity Futures | Upto 2.5 Times | NA |
Equity Options | NA | Upto 2 times for Intraday |
Currency Futures | Upto 2.5 Times | NA |
Currency Options | NA | Upto 2 times for Intraday |
Commodities | Upto 2.5 Times | 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) | EZ Desk, EZ WEb, EZ Mobi | Nest On Web, Infini Trader, TradPlus Mobile |
Total BSE+NSE Complaints | 41 | 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 Trade Plus Online Vs EZ Wealth for the benefits of other readers. Please feel free to share in the comments below.
Check out more comparisons here.