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TradePlus Online Vs F6 Online – Share Brokers Comparison
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TRADEPLUS ONLINE VS F6 ONLINE
Here is a point by point comparison of Trade Plus Online Vs F6 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 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. F6 Online is an evolving discount broker with a fixed price monthly and yearly subscription plans for its clients. One of the best part of F6 Online is that it has no annual maintenance changes involved in its pricing which is one of its own kind in this competitive stock broking space.
Everything about discount brokers such as F6 Online or TradePlus 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 and so on.
To make things easy for you, we have listed out the comparison between TradePlus Online Vs F6 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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
COMPARISON
 |  | |
| F6 Online Review | Trade Plus Online Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2013 | 1995 |
| Number of branches across India | 7 | 300 |
| Exchanges | NSE, BSE, MCX, NCDEX and NMCE | 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 | ₹0 | ₹0 |
| Transaction Charges | F6 Online Transaction Charges | TradePlus Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹666 per month or ₹6666 per year | 0.1% |
| Intraday Delivery | ₹666 per month or ₹6666 per year | 0.01% |
| Equity Futures | ₹666 per month or ₹6666 per year | ₹799 per month for Unlimited trading or 0.01% whichever is lower |
| Equity Options | ₹666 per month or ₹6666 per year | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Futures | ₹666 per month or ₹6666 per year | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Currency Options | ₹666 per month or ₹6666 per year | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Commodity | ₹666 per month or ₹6666 per year | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
| Brokerage Calculator | TradePlus Online Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | 4 times for Delivery on Shares when VAR margin is less than 20% |
| Equity Futures | Upto 4 times | NA |
| Equity Options | NA | Upto 2 times for Intraday |
| Currency Futures | Upto 4 times | NA |
| Currency Options | NA | Upto 2 times for Intraday |
| Commodities | 4 times of limit in the liquid commodities including Metals and Crude with no leverage in Agri commodities | 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) | F6 Online Web LIVE, F6 Online Mobile app | Nest On Web, Infini Trader, TradPlus Mobile |
| Total BSE+NSE Complaints | 88 | 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 F6 Online or TradePlus Online for the benefits of other readers. Please feel free to share in the comments below.