IIFL vs TradePlus (Compare IIFL and 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 IIFL vs TradePlus, Below comparison of IIFL 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.
One on One comparison of IIFL vs TradePlus is given below:
IIFL |
TradePlus |
IIFL | TradePlus |
---|
About The Brokers |
IIFL : |
TradePlus : |
Find More Information about the Broker : |
IIFL :OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING |
TradePlus :OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING |
Type of Broker |
IIFL : |
TradePlus : |
Promo/offers |
IIFL :Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
|
TradePlus :
N/A
|
Advantage |
IIFL :
|
TradePlus :
|
Disadvantage |
IIFL :
|
TradePlus :
|
Why This |
IIFL :
|
TradePlus :
|
Open Account | Open Account |
IIFL vs TradePlus Account Opening & AMC Charges
IIFL Trading Account Opening Fee is Rs 0 (Free) and TradePlus Trading Account Opening Fee is Rs 0 (Free) . IIFL Demat Account AMC is Rs 250 (Free for 1st year) and TradePlus Demat Account AMC is Rs 0 .
IIFL | TradePlus | |
---|---|---|
Trading Account Opening Fee |
Trading Account Opening Fee
:
Rs 0 (Free) |
Trading Account Opening Fee
:
Rs 0 (Free) |
Demat Account Opening Fee |
Demat Account Opening Fee
:
Rs 0 |
Demat Account Opening Fee
:
Rs 0 |
Demat Account AMC |
Demat Account AMC
:
Rs 250 (Free for 1st year) |
Demat Account AMC
:
Rs 0 |
Trading Account AMC |
Trading Account AMC
:
Rs 0 |
Trading Account AMC
:
Rs 0 |
Open Account | Open Account |
IIFL vs TradePlus Brokerage Charges
IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order . TradePlus Brokerage Charges Equity Delivery is Rs 99 per month (unlimited trading) and Equity Intraday is Rs 99 per month (unlimited trading) and Equity Options is Rs 99 per month (unlimited trading) .
IIFL | TradePlus | ||
---|---|---|---|
Plan Name |
Plan Name :
Standard Plan |
Plan Name :
Basic Plan |
Plan Name :
Flat Zero brokerage Scheme |
Equity Delivery |
Equity Delivery
:
Rs 20 per order |
Equity Delivery
:
Rs 99 per month (unlimited trading) |
Equity Delivery
:
Rs 0 |
Equity Intraday |
Equity Intraday
:
Rs 20 per order |
Equity Intraday
:
Rs 99 per month (unlimited trading) |
Equity Intraday
:
Rs 0 |
Equity Future |
Equity Future
:
Rs 20 per order |
Equity Future
:
Rs 99 per month (unlimited trading) |
Equity Future
:
Rs 0 |
Equity Options |
Equity Options
:
Rs 20 per order |
Equity Options
:
Rs 99 per month (unlimited trading) |
Equity Options
:
Rs 0 |
Currency Futures |
Currency Futures
:
Rs 20 per order |
Currency Futures
:
After 31 trades Lower of - Rs 9 per trade or 0.05% |
Currency Futures
:
Rs 0 |
Currency Options |
Currency Options
:
Rs 20 per order |
Currency Options
:
After 31 trades Lower of - Rs 9 per trade or 0.05% |
Currency Options
:
Rs 0 |
Monthly Fee |
Monthly Fee
:
NA |
Monthly Fee
:
Rs 99 per month (unlimited trading) |
Monthly Fee
:
Rs 499 per month (unlimited trading) |
Margin Trading | Margin Trading : - | Margin Trading : - | Margin Trading : - |
Commodity Futures |
Commodity Futures
:
Rs 20 per order |
Commodity Futures
:
Rs 99 per month (unlimited trading) |
Commodity Futures
:
Rs 0 |
Commodity Options |
Commodity Options
:
Rs 20 per order |
Commodity Options
:
Rs 99 per month (unlimited trading) |
Commodity Options
:
Rs 0 |
Open Account | Open Account |
IIFL vs TradePlus Exchange Transaction Charges
IIFL Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . TradePlus Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium) .
IIFL | TradePlus | |
---|---|---|
Equity Delivery |
Equity Delivery
:
NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Delivery
:
BSE Rs 345 per Cr (0.00345%) |
Equity Intraday |
Equity Intraday
:
NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Intraday
:
NSE Rs 335 per Cr (0.00335%) |
Equity Future * |
Equity Future
:
NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Future
:
NSE Rs 200 per Cr (0.002%) | BSE Rs 0 |
Equity Options * |
Equity Options
:
NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Equity Options
:
NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium) |
Currency Futures * |
Currency Futures
:
NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Futures
:
NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) |
Currency Options |
Currency Options
:
NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Currency Options
:
NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity |
Commodity
:
Group A - Rs 280 per Cr (0.0028%) |
Commodity
:
Rs 500 (0.005%) |
Open Account | Open Account |
IIFL vs TradePlus Other Charges
IIFL and Call & Trade is Rs 50 per call . TradePlus and Call & Trade is Flat Rs 75 per day .
IIFL | TradePlus | |
---|---|---|
Minimum Brokerage | Minimum Brokerage : - | Minimum Brokerage : - |
Call & Trade |
Call & Trade
:
Rs 50 per call |
Call & Trade
:
Flat Rs 75 per day |
Stamp Duty * | Stamp Duty : - | Stamp Duty : - |
DP Charges (on sell side) |
DP Charges (on sell side)
:
0.04% (minimum ₹25 per debit transaction) |
DP Charges (on sell side)
:
0.03% / minimum of ₹25 & Maximum of ₹250/ Trans. |
Other Miscellaneous Charges |
Other Miscellaneous Charges
:
Advisory SMS - Rs 50 per month |
Other Miscellaneous Charges
:
SMS Charges: Rs 100 per segment. |
Open Account | Open Account |
IIFL vs TradePlus Features
IIFL and TradePlus both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:
IIFL | TradePlus | |
---|---|---|
Trading Platform |
Trading Platform
:
IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App |
Trading Platform
:
INFINI, NSE NOW |
Placing orders through charts |
Placing orders through charts
:
No |
Placing orders through charts : - |
Trading Alerts |
Trading Alerts
:
No |
Trading Alerts
:
Yes |
Research and Advice / Trading Tips | Research and Advice / Trading Tips : - |
Research and Advice / Trading Tips
:
No |
Detailed Education Initiatives |
Detailed Education Initiatives
:
Yes |
Detailed Education Initiatives
:
No |
Unique features & Offers | Unique features & Offers : - | Unique features & Offers : - |
Referral Program | Referral Program : - | Referral Program : - |
Margin Against Shares (Equity Cash) * |
Margin Against Shares (Equity Cash)
:
Yes |
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 |
Open Account | Open Account |
IIFL vs TradePlus Demat Account Charges
A comparative table of various demat account charges between IIFL and TradePlus is below:
IIFL | TradePlus | |
---|---|---|
Depository Service Provider |
Depository Service Provider
:
CDSL |
Depository Service Provider
:
CDSL |
Account Opening Fee |
Account Opening Fee
:
₹0 (free) |
Account Opening Fee
:
Nil |
Advance Deposit |
Advance Deposit
:
₹0 |
Advance Deposit
:
Nil |
AMC |
AMC
:
₹250 (free for 1st year) |
AMC
:
Rs 0 (Free) for Resident Individuals |
Dematerialisation Charges |
Dematerialisation Charges
:
₹15 per certificate |
Dematerialisation Charges
:
Rs 50 per DRF (up to 5 Certificates) |
Rematerialisation Charges |
Rematerialisation Charges
:
₹15 per certificate |
Rematerialisation Charges
:
Rs 15 per certificate |
Transaction Charges (Credit) | Transaction Charges (Credit) : - | Transaction Charges (Credit) : - |
Transaction Charges (debit) |
Transaction Charges (debit)
:
₹25 per debit transaction |
Transaction Charges (debit)
:
Market Trades: 0.03% of Transaction Value, subject to Minimum of Rs 25 per Transaction & Maximum of Rs 250Off-Market Trades: 0.05% of Transaction Value, subject to Minimum of Rs 50 Per Transaction |
Pledge Creation Charges |
Pledge Creation Charges
:
₹10 |
Pledge Creation Charges
:
0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction. |
Pledge Creation Confirmation Charges |
Pledge Creation Confirmation Charges
:
₹0 |
Pledge Creation Confirmation Charges
:
0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction. |
Pledge Invocation Charges |
Pledge Invocation Charges
:
₹15 |
Pledge Invocation Charges
:
0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction. |
Failed Instruction Charges | Failed Instruction Charges : - |
Failed Instruction Charges
:
Rs 15 per transaction |
Other Charges |
Other Charges
:
Conversion of MF units: ₹0, Reconversion of MF units: ₹0, Courier Charges: ₹100 per request |
Other Charges
:
Modification Charges: Rs 100 for every change of address / Bank DetailsSecurities Borrowing: Rs 50 per TransactionExtra statement: Rs 15 per statement |
Open Account | Open Account |
IIFL vs TradePlus Basic Details
IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 . TradePlus Year of Incorporation is 1995 and Total Number of Clients is 11517 and .
IIFL | TradePlus | |
---|---|---|
Year of Incorporation |
Year of Incorporation
:
1996 |
Year of Incorporation
:
1995 |
Active Exchange Memberships |
Active Exchange Memberships
:
NSE, BSE, MCX, and NCDEX |
Active Exchange Memberships
:
BSE, NSE, MCX |
Demat Services |
Demat Services
:
Yes |
Demat Services
:
No |
Website | Website : https://www.indiainfoline.com | Website : https://www.tradeplusonline.com/ |
Contact Details |
Contact Details
:
022-400710000 |
Contact Details
:
044-49427576 |
Total Number of Clients |
Total Number of Clients
:
437,829 |
Total Number of Clients
:
11,517 |
Total Number of Branches |
Total Number of Branches
:
900 |
Total Number of Branches : - |
Products * |
Products
:
Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking |
Products
:
Infini Web, Infini Power, TradePlus Mobile |
Open Account | Open Account |
IIFL vs TradePlus Orders
Orders
IIFL | TradePlus | |
---|---|---|
Cover Orders (CO) |
Cover Orders (CO)
:
Yes |
Cover Orders (CO)
:
Yes |
Bracket orders / One Cancels Other (BO / OCO) |
Bracket orders / One Cancels Other (BO / OCO)
:
Yes |
Bracket orders / One Cancels Other (BO / OCO)
:
Yes |
After Market Orders (AMO) |
After Market Orders (AMO)
:
Yes |
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)
:
Yes |
Sell Today Buy Tomorrow (STBT)
:
Yes |
Good Till Cancelled (GTC) * |
Good Till Cancelled (GTC)
:
Yes |
Good Till Cancelled (GTC)
:
No |
Open Account | Open Account |
IIFL vs TradePlus Research and Advice / Trading Tips
Research and Advice / Trading Tips
IIFL | TradePlus | |
---|---|---|
Equity Trading Recommendation * |
Equity Trading Recommendation
:
Yes |
Equity Trading Recommendation
:
Yes |
Equity Investment Recommendation * |
Equity Investment Recommendation
:
Yes |
Equity Investment Recommendation
:
Yes |
Recommendation basis risk Profile * |
Recommendation basis risk Profile
:
Yes |
Recommendation basis risk Profile
:
Yes |
Comparison * |
Comparison
:
Yes |
Comparison
:
Yes |
Free Tips * |
Free Tips
:
Yes |
Free Tips
:
No |
Daily Market report * |
Daily Market report
:
Yes |
Daily Market report
:
No |
ETF research * |
ETF research
:
Yes |
ETF research
:
Yes |
Quarterly Results * |
Quarterly Results
:
Yes |
Quarterly Results
:
No |
Open Account | Open Account |
IIFL vs TradePlus Franchisee / Authorized Person related information
Franchisee / Authorized Person related information
IIFL | TradePlus | |
---|---|---|
Availability for franchisee / AP |
Availability for franchisee / AP
:
Yes |
Availability for franchisee / AP : - |
Investment required for Franchisee / AP |
Investment required for Franchisee / AP
:
Rs.75,000 to Rs.2,00,000 |
Investment required for Franchisee / AP : - |
Open Account | Open Account |
IIFL vs TradePlus Product & Services
IIFL 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:
IIFL | TradePlus | |
---|---|---|
Delivery Based Trading * |
Delivery Based Trading
:
Yes |
Delivery Based Trading
:
Yes |
Margin Trading * |
Margin Trading
:
Yes |
Margin Trading
:
Yes |
Call N Trade * |
Call N Trade
:
Yes |
Call N 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
:
Yes |
NRI Services
:
Yes |
SMS Alerts * |
SMS Alerts
:
Yes |
SMS Alerts
:
Yes |
Offers Multiple Plan * |
Offers Multiple Plan
:
Yes |
Offers Multiple Plan
:
Yes |
IPO Investment * |
IPO Investment
:
Yes |
IPO Investment
:
Yes |
Portfolio Analysis * |
Portfolio Analysis
:
Yes |
Portfolio Analysis
:
Yes |
Advanced Charting Features * |
Advanced Charting Features
:
Yes |
Advanced Charting Features
:
Yes |
Brokerage Calculator * |
Brokerage Calculator
:
No |
Brokerage Calculator
:
Yes |
Margin Calculator * |
Margin Calculator
:
No |
Margin Calculator
:
Yes |
Stop Loss Order * |
Stop Loss Order
:
Yes |
Stop Loss Order
:
Yes |
Bracket Orders & Trailing Stop Loss * |
Bracket Orders & Trailing Stop Loss
:
Yes |
Bracket Orders & Trailing Stop Loss
:
Yes |
Equity Future & Option Trading * |
Equity Future & Option Trading
:
Yes |
Equity Future & Option Trading
:
Yes |
Currency Future & Option Trading * |
Currency Future & Option Trading
:
Yes |
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 |
Open Account | Open Account |
IIFL vs TradePlus Customer Services
IIFL 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:
IIFL | 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
:
Yes |
Branch Offices
:
No |
Customer Care * |
Customer Care
:
Yes |
Customer Care
:
Yes |
Community Service * |
Community Service
:
Yes |
Community Service
:
Yes |
Relationship Manager * | Relationship Manager : - |
Relationship Manager
:
Yes |
24/7 Support * |
24/7 Support
:
No |
24/7 Support : - |
Open Account | Open Account |
IIFL vs TradePlus Other Investement
IIFL 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:
IIFL | TradePlus | |
---|---|---|
Commodity Trading * |
Commodity Trading
:
Yes |
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
:
Yes |
Investment in Bonds
:
Yes |
Investment in Corporate Debt instruments * |
Investment in Corporate Debt instruments
:
Yes |
Investment in Corporate Debt instruments
:
Yes |
Insurance Services * |
Insurance Services
:
Yes |
Insurance Services
:
No |
Banking Services * |
Banking Services
:
No |
Banking Services
:
No |
Open Account | Open Account |
IIFL vs TradePlus Trading Platform
IIFL 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:
IIFL | TradePlus | |
---|---|---|
Web Platform * |
Web Platform
:
Yes |
Web Platform
:
Yes |
Android Mobile App * |
Android Mobile App
:
Yes |
Android Mobile App
:
Yes |
Desktop Windows * |
Desktop Windows
:
Yes |
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 : - |
Virtual Trading
:
No |
iPhone Mobile App * |
iPhone Mobile App
:
Yes |
iPhone Mobile App
:
Yes |
Contact Now | ||
Open Account | Open Account |
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