Trade Plus Online has some innovative Brokerage plans compared to other discount brokers. Let us understand each of them in this TradePlusOnline review. But little bit of the background information about Trade Plus Online first.
Tradeplus is the new revamped online brand of Navia Markets Ltd. And Navia Commodities Broker Pvt. Ltd. They were established 1983 to cater the financial service industry. After a few initial years in Investment Services they became Equity brokers on NSE in 1995, Depository Participant with NSDL in 1997, Equity Stock Brokers in BSE in 2010 and Commodity brokers on MCX in 2009. At present they have 20,000 customer base spread across India and world.
Recently there is shift in their strategy to move to the discount broking model with name “TradeplusOnline” to reach out to traders in India who are technologically savvy and price sensitive.
TradePlusOnline One Month Free Charting Software Offer:
TradePlusOnline is offering One Month Free Charting Software (worth Rs 499) and waiving off the Rs199/- account opening fee as part of their limited period promotional offer. Also there will be cashback up to 40% through PayTM. Click on the offer banner below and fill in the contact information. TradePlus representatives will assist you in opening the free trading account.
Trade Plus Online Brokerage Plans and Charges
Trade Plus Online brokerage charges depends upon the segment you trade
- Equity Segment (cash Segment for Delivery and Intraday Trading)
- No Monthly Unlimited Plan available
- Equity Futures & Options, Currencies Futures and Options and Commodities
- Only Monthly Unlimited Plans available
Lets understand brokerage and other charge structure for each of the above segments
Equity Segment (cash Segment for delivery and Intraday Trading):
This segment charges are like pay as trade type, you will be charged as per the details below.
Equity Futures & Options, Currencies Futures and Options and Commodities:
For the above segments, TradePlusOnline has monthly unlimited plans. One can do unlimited trades by paying the monthly charges specified below for each segment.
- Segments – Equity Options, Currencies (F&O) & Commodities (non-agri only)
- Rs 99 per month
- Segment – EQUITY FUTURES
- Rs 799 per month
Also, these are REFUNDABLE plans. No trading means no charge. The monthly charges will be refunded back into your account if you have not traded even once in the month.
Once you avail the above unlimited plans, below are the details of the statutory charges.
- Equity Futures and Options
Trade Plus Online Value Added Services
The above trading packs are called “Base Packs”. Apart from Base Packs. clients can subscribe to value added services which they call “Value Packs”. These are add on packs, hence optional. These packs can be funded through PayTM also!. TradePlusOnline provides a portal called Subscription Management Portal (SMP) though which one can activate/deactivate the Value packs.
Below is the details of the Value Added Services
INFINI-POWER is real time market information and analytics system for amateur and professional traders. It provides advanced and user friendly charting platform, market sentiment indicators, intraday screening tools, real time market news, FII activity, tools for technical analysis.
- Call and Trade
One can do unlimited call and trades with this pack. (2 days of call n Trade are free with Base Pack)
- Instant Trade Confirmation.
Get the instant trade confirmation through SMS when you add on this pack.
- Research SMS.
Get well researched trading calls through the SMS by adding this pack.
The subscription fee per month for the above packs are shown in below table
Trade Plus Online Trading Platforms
TradePlusOnline provides two types of trading softwares
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- NSE NOW
img class=”aligncenter size-full wp-image-3277″ src=”http://theindianstockbrokers.com/wp-content/uploads/2015/11/market-watch-nse-now.jpg” alt=”nse now” width=”1444″ height=”852″ />
It supports the NSE NOW platform which is basically from National Stock Exchange (NSE). NSE NOW is industry’s prominent trading platform and used by many traders using mobile and tablets. Using NSE NOW you can Access NSE servers directly which boosts trade execution speed, eliminating downtime. Day-wise and net-wise reports can be viewed. Information and alerts available via mobile, web or email. You can request and access advanced analytical graphs and charts. The web version, EXE version and mobile version is available
- INFINI-TRADER (For Commodities)
INFINI-TRADER (basically NEST software) is a complete trading solution for Investors and Traders, developed by Omnesys Technologies Pvt. Ltd. The software has been developed to provide an integrated system for trading and risk management. It gives you the convenience of secure and real time access to quotes and trading. With NEST Trader you can Place Orders, Modify or Cancel Orders, View Order Book, View Trade Book, View Position Book, View Limits, View Quotes, View Market Picture (MBP).
TradePlusOnline Margin/Exposure Details
TradePlusOnline Fund Transfers
Tradeplus does not charge for payin or payout charges. Some of the details are captured in the below table.
TradePlusOnline Registration and Contact Information:
TradePlusOnline SEBI Registration No: CM : INB 230770833, FAO INF 230770833, CDR INE 230770833 , BSE INB 10770833. MCX Membership Code: 45345, FMC Unique Membership Code: MCX/TM/COP/1753 |
TradeplusOnline Contact: Ganga Griha,4th & 5 th Floor, No.9 (old No. 6D) ,Nungambakkam High Road, Nungambakkam , Chennai - 600 034. Contact Number : +91-44-39189449 Tradeplus E-Mail : firstname.lastname@example.org TradeplusOnline Complaints or Grievances : email@example.com
Trade Plus Online Account Opening Charges
- Trading a/c – Rs. 199 (currently NIL as a promotional offer)
- Demat a/c opening charges – NIL
- Demat AMC – Rs. 500 for 5 years (effective Rs. 100 per year) OR Rs. 900 for 10 years (effective Rs. 90 per year)
If you still have any queries, please fill your details in the form below, a dedicated representative from TradePlusOnline will guide you about account opening procedure in detail and clear all the queries,
Also Read: Best and Popular Stock Brokers of India
That’s about the review of the Trade Plus Online and details about their Brokerage charges . If you already have account with them, let us know your experience and ratings/critics through the comments. Hope you liked this article, you can find more such interesting and informative articles at our Archives page. You can also subscribe to our blog post below to receive the next post at your Inbox.
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