Groww vs TradePlus (Compare Groww vs TradePlus)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Groww vs TradePlus, Below comparison of Groww vs TradePlus highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

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One on One comparison of Groww vs TradePlus is given below:

Groww

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TradePlus

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	Groww	TradePlus

About The Brokers	Groww : "Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas >>> more	TradePlus : Tradeplus has all the things to become very successful in broking industry from very attractive brokerage plans, Margin funding and choice o >>> more
Find More Information about the Broker :	Groww : OVERVIEW BROKERAGE PRODUCTS & SERVICES	TradePlus : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Groww : Discount Broker	TradePlus : Discount Broker
Promo/offers	Groww : Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer	TradePlus : Special Offer: Brokerage Free Equity delivery trading + Flat ₹9 per executed order for Intra-day and F&O Trades. Get the offer
Advantage	Groww : Free research services No DP charges on buy & low brokerage. Commission Free mutual fund investment Free Demat & Trading account, No charges on account opening Zero Clearing Charges Zero Demat AMC Charges Option to invest online in digital gold.	TradePlus : Lowest Flat and Flexi Brokerage Plans . Flat rate for stock trading Demat account services at a very low AMC charge of Rs. 90 per year. Margin funding Referral Program Good Brokerage & Margin Calculator
Disadvantage	Groww : No F&O Trading, Grow does not provide Options & Future Trading. Does not provide a 3in1 account facility. Does not provide commodity Trading Does not provide trading options: Bracket, GTT orders, etc does not provide Margin trading facilityc No Call and Trade services No Margin against shares Does not offer NRI Trading	TradePlus : Call n Trade charges are very high. INFINI ‐ Trading platform is not free. SMS charges with monthly plans Lot of hidden charges
Why This	Groww : Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade. Equity intraday trade at Rs. 20 or 0.05% (whichever is lower) Groww provides mutual funds investment at Zero Fees, No transaction charges, 100% paperless online Demat account opening 128 bit SSL Encryption Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost No DP charges on buy. Highly rated Groww mobile App Facility to invest in US Stocks	TradePlus : Lowest Flat and Flexi Brokerage Plans. Tradeplusonline has lowest refundable unlimited trading plans @ Rs 99 per month by category - Equity Option,Currency & Commodity. Direct Mutual Fund Investments possible. Possible to invest in IPO/Bond/GSEC Investments. Avail high Intra margins upto 80x and upto 50% Delivery funding. Referral Program. NRI Trading services available. Lowest Transaction charges in MCX Commodity segment - 400 Rs per crore. Facility to trade on whats-up chat app.

Groww vs TradePlus Account Opening & AMC Charges

Groww Trading Account Opening Fee is ₹0 (Free) and TradePlus Trading Account Opening Fee is ₹199 . Groww Demat Account AMC is ₹0 (Free) and TradePlus Demat Account AMC is ₹500 (5 years) .

	Groww	TradePlus
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : ₹199
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : ₹500 (5 years)
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : ₹0

Groww vs TradePlus Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs.20 per executed order or 0.05% of order value and Equity Intraday is Rs.20 per executed order or 0.05% of order value and Equity Options is Trade Not Available . TradePlus Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is Lower of ₹9 per traded order or 0.01% and Equity Options is ₹9 per traded order .

	Groww	TradePlus
Plan Name	Plan Name : Basic Plan	Plan Name : Basic Plan
Equity Delivery	Equity Delivery : Rs.20 per executed order or 0.05% of order value	Equity Delivery : ₹0 (Free)
Equity Intraday	Equity Intraday : Rs.20 per executed order or 0.05% of order value	Equity Intraday : Lower of ₹9 per traded order or 0.01%
Equity Future	Equity Future : Trade Not Available	Equity Future : ₹9 per traded order
Equity Options	Equity Options : Trade Not Available	Equity Options : ₹9 per traded order
Currency Futures	Currency Futures : Trade Not Available	Currency Futures : ₹9 per traded order
Currency Options	Currency Options : Trade Not Available	Currency Options : ₹9 per traded order
Monthly Fee	Monthly Fee : NA	Monthly Fee : As per segment
Margin Trading	Margin Trading : NA	Margin Trading : Interest 2% per month
Commodity Futures	Commodity Futures : Trade Not Available	Commodity Futures : ₹9 per traded order
Commodity Options	Commodity Options : Trade Not Available	Commodity Options : ₹9 per traded order

Groww vs TradePlus Transaction Charges (Per Crore)

Groww Transaction Charges (Per Crore) Equity Future is NA and Equity Options is NA . TradePlus Transaction Charges (Per Crore) Equity Future is ₹350 per crore (0.0035%) and Equity Options is ₹7500 per crore (0.075%)(on premium) .

	Groww	TradePlus
Equity Delivery	Equity Delivery : NSE ₹325 per Cr \| BSE ₹300 per Cr	Equity Delivery : ₹330 per crore (0.0033%) (each side)
Equity Intraday	Equity Intraday : NSE ₹325 per Cr \| BSE ₹300 per Cr	Equity Intraday : ₹330 per crore (0.0033%) (sale side)
Equity Future *	Equity Future : NA	Equity Future : ₹350 per crore (0.0035%)
Equity Options *	Equity Options : NA	Equity Options : ₹7500 per crore (0.075%)(on premium)
Currency Futures *	Currency Futures : NA	Currency Futures : ₹165 per crore (0.00165%)
Currency Options	Currency Options : NA	Currency Options : ₹6000 (on premium) per crore (0.06%)
Commodity	Commodity : NA	Commodity : ₹400 (0.004%)

Groww vs TradePlus Other Charges

Groww Minimum Brokerage is ₹20 or 0.05% per executed order and Call & Trade is NA . TradePlus and Call & Trade is Flat ₹75 per day .

	Groww	TradePlus
Minimum Brokerage	Minimum Brokerage : ₹20 or 0.05% per executed order	Minimum Brokerage : -
Call & Trade	Call & Trade : NA	Call & Trade : Flat ₹75 per day
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%	Stamp Duty : (On buy side only) Delivery: 0.015%, Intraday: 0.03%, Equity F&O: 0.002%, Commodity F&O: 0.002% and Currency F&O: 0.0001%.
DP Charges (on sell side)	DP Charges (on sell side) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	DP Charges (on sell side) : 0.03% / minimum of ₹25 & Maximum of ₹250/ Trans.
Other Miscellaneous Charges	Other Miscellaneous Charges : Physical Contract Note:₹20+Courier; ₹50Auto square	Other Miscellaneous Charges : SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month

Groww vs TradePlus Features

Groww and TradePlus both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Groww	TradePlus
Trading Platform	Trading Platform : Groww Web , Groww Mobile	Trading Platform : INFINI TRADING SOLUTIONS (ITS), Rocket, INFINI MF
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : Single platform for stocks, MFs, Gold, IPOs, ETFs,	Unique features & Offers : -
Referral Program	Referral Program : No	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes

Groww vs TradePlus Demat Account Charges

A comparative table of various demat account charges between Groww and TradePlus is below:

	Groww	TradePlus
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : NSDL,CDSL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : ₹199
Advance Deposit	Advance Deposit : NIL	Advance Deposit : NIL
AMC	AMC : ₹0 (Free)	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : ₹150 per certificate + courier charges	Dematerialisation Charges : ₹50 per DRF (up to 5 Certificates)
Rematerialisation Charges	Rematerialisation Charges : ₹150 per certificate + courier charges	Rematerialisation Charges : ₹15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) : NA	Transaction Charges (Credit) : ₹0
Transaction Charges (debit)	Transaction Charges (debit) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : 0.02% (subject to a max of ₹200 per transaction)
Pledge Creation Charges	Pledge Creation Charges : ₹20 + ₹12 per request (CDSL Charges))	Pledge Creation Charges : 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction.
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹20 + ₹12 per request (CDSL Charges))	Pledge Creation Confirmation Charges : 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction.
Pledge Invocation Charges	Pledge Invocation Charges : ₹20	Pledge Invocation Charges : 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction.
Failed Instruction Charges	Failed Instruction Charges : ₹50 per ISIN	Failed Instruction Charges : ₹15 per transaction
Other Charges	Other Charges : KYC Modification Request : ₹50	Other Charges : -

Groww vs TradePlus Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 324906+ and . TradePlus Year of Incorporation is 1995 and Total Number of Clients is 21377+ and .

	Groww	TradePlus
Year of Incorporation	Year of Incorporation : 2016	Year of Incorporation : 1995
Active Exchange Memberships	Active Exchange Memberships : NSE and BSE	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : From CDSL	Demat Services : No
Website	Website : https://groww.in/	Website : https://www.tradeplusonline.com/
Contact Details	Contact Details : -	Contact Details : 044-49427576
Total Number of Clients	Total Number of Clients : 324906+	Total Number of Clients : 21377+
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : -
Products *	Products : GROWW MOBILE APP	Products : Infini Web, Infini Power, TradePlus Mobile

Groww vs TradePlus Charts and Data

Groww and TradePlus both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Groww	TradePlus
Live data source	Live data source : -	Live data source : -
Advanced Charting tools	Advanced Charting tools : -	Advanced Charting tools : -
Multi-Chart Setup	Multi-Chart Setup : -	Multi-Chart Setup : -
No.of indicators	No.of indicators : -	No.of indicators : -
No.of charts can be opened	No.of charts can be opened : -	No.of charts can be opened : -
Live Scanners	Live Scanners : -	Live Scanners : -
Customizable screeners	Customizable screeners : -	Customizable screeners : -
Trading from charts	Trading from charts : -	Trading from charts : -
Compare Symbol performance on Chart	Compare Symbol performance on Chart : -	Compare Symbol performance on Chart : -
Options charts	Options charts : -	Options charts : -
Continuous futures charts	Continuous futures charts : -	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : -	Intraday historical data for charts : -
End of Day historical data for charts	End of Day historical data for charts : -	End of Day historical data for charts : -
Corporate action adjusted charts	Corporate action adjusted charts : -	Corporate action adjusted charts : -
Back Testing	Back Testing : -	Back Testing : -
Options Chain	Options Chain : -	Options Chain : -
Heat Maps	Heat Maps : -	Heat Maps : -
Analytics	Analytics : -	Analytics : -
Price Ladder	Price Ladder : -	Price Ladder : -

Groww vs TradePlus Leverage

Leverage

	Groww	TradePlus
Equity Delivery	Equity Delivery : 1x (no margin)	Equity Delivery : Upto 4X
Equity Intraday	Equity Intraday : Up to 8x (based on the stock)	Equity Intraday : Upto 33X
Equity Futures	Equity Futures : NA	Equity Futures : Intraday leverage 2X \| Cover Order Margin 3%
Equity Options	Equity Options : NA	Equity Options : Intraday Leverage of 2X
Currency Futures	Currency Futures : NA	Currency Futures : Intraday Leverage of 2X
Currency Options	Currency Options : NA	Currency Options : 1X
Commodity Futures	Commodity Futures : NA	Commodity Futures : Intraday Leverage of 2X
Commodity Options	Commodity Options : NA	Commodity Options : -

Groww vs TradePlus Orders

Orders

	Groww	TradePlus
Cover Orders (CO)	Cover Orders (CO) : NO	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : NO	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes

Groww vs TradePlus Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Groww	TradePlus
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : -

Groww vs TradePlus Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Groww	TradePlus
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : -

Groww vs TradePlus Product & Services

Groww and TradePlus both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Groww	TradePlus
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : NA	Margin Trading : Yes
Call in Trade *	Call in Trade : NA	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : NO	NRI Services : Yes
SMS Alerts *	SMS Alerts : YES	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : YES	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : NO	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : No	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : No	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : No	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : Yes

Groww vs TradePlus Customer Services

Groww and TradePlus both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Groww	TradePlus
Toll Free Number *	Toll Free Number : No	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : No
Customer Care *	Customer Care : No	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : Yes
24/7 Support *	24/7 Support : No	24/7 Support : -

Groww vs TradePlus Other Investement

Groww and TradePlus both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Groww	TradePlus
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No

Groww vs TradePlus Trading PlatForm

Groww and TradePlus both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Groww	TradePlus
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes

Groww vs TradePlus Company Information

	Groww	TradePlus
Financials *	Financials : No	Financials : Yes
News *	News : No	News : -
Company Analysis *	Company Analysis : No	Company Analysis : Yes
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