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TradeBulls Vs Trade Plus Online
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TradeBulls Vs Trade Plus Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
TradeBulls Vs Trade Plus Online Comparison
Here is a point by point comparison of TradeBulls Vs Trade Plus Online.
TradeBulls is a full-service stockbroker based out of Mumbai. Being a full-service stockbroker, Tradebulls charges a reasonable brokerage rate and offers its in-house developed trading platforms to clients.
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 fee 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.
Discount brokers such as Trade Plus Online offer trading services at much cheaper brokerage rates and reasonable customer service.
Full-service brokers such as TradeBulls will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between TradeBulls Vs Trade Plus 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
TradeBulls Vs Trade Plus Online Compare
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.
 |  | |
| Tradebulls Review | Trade Plus Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 2009 | 1995 |
| Number of branches across India | 18 | 300 |
| Exchanges | NSE, BSE, MCX-SX, NCDEX and MCX | NSE, BSE, MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹199 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹499 (for 5 years) |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹350 | ₹0 |
| Transaction Charges | Tradebulls Transaction Charges | TradePlus Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.2% | 0.1% |
| Intraday Delivery | 0.02% | 0.01% |
| Equity Futures | 0.02% | ₹799 per month for Unlimited trading or 0.01% whichever is lower |
| Equity Options | 0.02% | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Futures | 0.01% | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Options | 0.01% | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Commodity | 0.01% | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Brokerage Calculator | TradeBulls Brokerage Calculator | TradePlus Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times Intraday & 3 to 5 times for Delivery | 4 times for Delivery on Shares when VAR margin is less than 20% |
| Equity Futures | 2 times | NA |
| Equity Options | 3 times | Upto 2 times for Intraday |
| Currency Futures | 2 times | NA |
| Currency Options | 3 times | Upto 2 times for Intraday |
| Commodities | 3 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) | Tradebulls Client, Diet, Touch Mobile App | Nest On Web, Infini Trader, TradPlus Mobile |
| Total BSE+NSE Complaints | 17 | 140 |
| OVERALL RATING |  | |
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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 TradeBulls Vs Trade Plus Online for the benefits of other readers?
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TradeBulls Vs Trade Plus Online
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