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Market Wolf vs TradePlus (Compare Market Wolf 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 Market Wolf vs TradePlus, Below comparison of Market Wolf 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 Market Wolf vs TradePlus is given below:

Market Wolf

TradePlus

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	Market Wolf	TradePlus

About The Brokers	Market Wolf : "Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market and can open Trading & Demat Account with Zero Account openi >>> 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 :	Market Wolf : OVERVIEW BROKERAGE	TradePlus : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Market Wolf : Discount Broker	TradePlus : Discount Broker
Promo/offers	Market Wolf : N/A	TradePlus : N/A
Advantage	Market Wolf : Market Wolf offers free trading practices during the market trading hours without KYC verification. Thus, it is beneficial for novice traders to have knowledge about trading before starting investing in the stock market. The trader only pays 10% brokerage on profitable trade and zero brokerage on loss. Market Wolf accepts funds deposits via UPI, NEFT, RTGS, IMPS, Phonepe, GPay, and PayTM without any additional fees, and the trader allows users to deposit and withdraw funds from Market Wolf web and mobile app. There are 15+ charting styles to make the trading experience user-friendly, and the trader can set up up to 2 hours chart time frames to have better trading insight. Market Wolf offers a quick withdrawal process and the amount of credit within one business day. Market Wolf has inbuilt stop order features where the trader needs to set the percentage of the reward and risk (10%, 25%, 50% or 100%). The trade will be auto-squared off once the order crosses the predefined level. Market Wolf offers only high liquidity and quality stocks.	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	Market Wolf : Market Wolf trading app is not available for iOS users. It is currently available only for Android users. The free practice session on the Market Wolf platform is only available on mobile applications and not on web browsers. Market Wolf charges flat 10% brokerage on profit which is costly. Market Wolf doesn’t offer a 3-in-1 account facility. It only provides a free trading account. Market Wolf doesn’t offer other services such as mutual funds, IPO, Bonds, FDs, etc., except stock trading. Stop Trade sessions on Market Wolf take time to end the session as once the trader clicks on the icon “stop trade,” the system re-confirms the decision, which takes extra seconds and may change the overall profit or loss transactions. Market Wolf has leveraged up to 100% profit which may cause loss of capital amount if the trader is still learning and doesn’t fully understand the trading mechanism. Market Wolf doesn’t have exact charges for STT, transaction charges, SEBI, and Stamp charges; the amount is auto calculated while the trader confirms the trading amount. It can be a hassle for a newbie trader to understand the costs. The trader can add up to 5 stocks to the wish list. Market Wolf Web is not available for trading. The trader requires to use the Market Wolf mobile application to perform trading. Market Wolf is not suitable for advanced traders. Though there is zero brokerage on loss trade, the trader needs to pay SEBI charges, Stamp Duty, Exchange fee, and GST even if he didn’t earn profit. Market Wolf doesn’t allow the trader to hold the stocks. The trades get auto squared off at the end of the day if it doesn't meet the profit or loss auto stop level. Market Wolf is not offering to trade on the BSE segment. Though Market Wolf offers 24/7 customer care service, some days they take 1-2 business days to reply to a query.	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	Market Wolf : Market Wolf is an excellent platform for the newbie trader who is still learning to understand the market with zero trading account opening and nil annual maintenance charges. Market Wolf offers real-time free practice trading sessions to all traders to ensure understanding of the trading mechanism before starting market trading. Market Wolf is developed with a risk management system offering a unique profit and stop-loss segment, helping manage the trading risks ensuring the trader never loses more than the percentage set in on a trade. Market Wolf charged brokerage only when the trader made a profit. Zero brokerage on losing the trade. Market Wolf offers minimum trading of INR 50 for Commodity and Currency trading, INR 100 for Indices trading, and INR 900 for stock trading. Market Wolf Android mobile application is developed with robust technology and a user-friendly interface, making it easier for beginners to understand trading quickly. Market Wolf e-KYC is power-packed with Legality, a digital execution of highly sensitive agreements. Market Wolf offers 24/7 customer care to all users via an in-app help center.	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.
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Market Wolf vs TradePlus Account Opening & AMC Charges

Market Wolf Trading Account Opening Fee is ₹0 (Free) and TradePlus Trading Account Opening Fee is Rs 0 (Free) . Market Wolf Demat Account AMC is ₹0 (Free) and TradePlus Demat Account AMC is Rs 0 .

	Market Wolf	TradePlus
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : Rs 0
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : Rs 0
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Market Wolf vs TradePlus Brokerage Charges

Market Wolf Brokerage Charges Equity Delivery is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Intraday is ₹0 brokerage if loss | 10% of GP(Profitable Trade) and Equity Options is ₹0 brokerage if loss | 10% of GP(Profitable Trade) . 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) .

	Market Wolf	TradePlus
Plan Name	Plan Name : Market Wolf default Brokerage Plan	Plan Name : Basic Plan	Plan Name : Flat Zero brokerage Scheme
Equity Delivery	Equity Delivery : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Delivery : Rs 99 per month (unlimited trading)	Equity Delivery : Rs 0
Equity Intraday	Equity Intraday : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Intraday : Rs 99 per month (unlimited trading)	Equity Intraday : Rs 0
Equity Future	Equity Future : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Future : Rs 99 per month (unlimited trading)	Equity Future : Rs 0
Equity Options	Equity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Equity Options : Rs 99 per month (unlimited trading)	Equity Options : Rs 0
Currency Futures	Currency Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Currency Futures : After 31 trades Lower of - Rs 9 per trade or 0.05%	Currency Futures : Rs 0
Currency Options	Currency Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	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 : NA	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Futures : Rs 99 per month (unlimited trading)	Commodity Futures : Rs 0
Commodity Options	Commodity Options : ₹0 brokerage if loss \| 10% of GP(Profitable Trade)	Commodity Options : Rs 99 per month (unlimited trading)	Commodity Options : Rs 0
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Market Wolf vs TradePlus Exchange Transaction Charges

Market Wolf Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is Rs 5000 per Cr (0.05%) (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) .

	Market Wolf	TradePlus
Equity Delivery	Equity Delivery : NSE: 0.00325%	Equity Delivery : BSE Rs 345 per Cr (0.00345%)
Equity Intraday	Equity Intraday : NSE: 0.00325%	Equity Intraday : NSE Rs 335 per Cr (0.00335%)
Equity Future *	Equity Future : NSE: 0.0019%	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : Rs 5000 per Cr (0.05%) (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: 0.0009% + Investor protection fund (0.037%)	Currency Futures : NSE Rs 95 per Cr (0.00095%) \| BSE Rs 22 per Cr (0.00022%)
Currency Options	Currency Options : Rs 4000 per Cr (0.04%) (on premium)	Currency Options : NSE Rs 3700 per Cr (0.037%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Rs 260 per Cr (0.0026%)	Commodity : Rs 500 (0.005%)
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Market Wolf vs TradePlus Other Charges

Market Wolf Minimum Brokerage is NA and Call & Trade is NA . TradePlus and Call & Trade is Flat Rs 75 per day .

	Market Wolf	TradePlus
Minimum Brokerage	Minimum Brokerage : NA	Minimum Brokerage : -
Call & Trade	Call & Trade : NA	Call & Trade : Flat Rs 75 per day
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : 0.03% / minimum of ₹25 & Maximum of ₹250/ Trans.
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : SMS Charges: Rs 100 per segment.
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Market Wolf vs TradePlus Features

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

	Market Wolf	TradePlus
Trading Platform	Trading Platform : Mobile, WEB	Trading Platform : INFINI, NSE NOW
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : -
Trading Alerts	Trading Alerts : No	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 : Brokerage if Makes Profit	Unique features & Offers : -
Referral Program	Referral Program : Yes	Referral Program : -
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
	Open Account	Open Account

Market Wolf vs TradePlus Demat Account Charges

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

	Market Wolf	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 : ₹0 (Free)	AMC : Rs 0 (Free) for Resident Individuals
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : Rs 50 per DRF (up to 5 Certificates)
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : Rs 15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : -	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 : -	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 : -	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 : -	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 : -	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

Market Wolf vs TradePlus Basic Details

Market Wolf Year of Incorporation is 2017 and Total Number of Clients is 201948 and Total Number of Branches is NA . TradePlus Year of Incorporation is 1995 and Total Number of Clients is 11517 and .

	Market Wolf	TradePlus
Year of Incorporation	Year of Incorporation : 2017	Year of Incorporation : 1995
Active Exchange Memberships	Active Exchange Memberships : NSE and MCX	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : CDSL	Demat Services : No
Website	Website : https://marketwolf.com/	Website : https://www.tradeplusonline.com/
Contact Details	Contact Details : +91 8591308916	Contact Details : 044-49427576
Total Number of Clients	Total Number of Clients : 201,948	Total Number of Clients : 11,517
Total Number of Branches	Total Number of Branches : NA	Total Number of Branches : -
Products *	Products : Equity, Commodity, Currency, IPO	Products : Infini Web, Infini Power, TradePlus Mobile
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Market Wolf vs TradePlus Orders

Orders

	Market Wolf	TradePlus
Cover Orders (CO)	Cover Orders (CO) : -	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : -	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : -	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
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Market Wolf vs TradePlus Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Market Wolf	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 : No
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 : No
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Market Wolf vs TradePlus Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Market Wolf	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 : -
	Open Account	Open Account

Market Wolf vs TradePlus Product & Services

Market Wolf 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:

	Market Wolf	TradePlus
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : NA	Margin Trading : Yes
Call N Trade *	Call N Trade : NA	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : NSE ONLY	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 : No	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : No	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : No	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 : No	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : Yes
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : Yes
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Market Wolf vs TradePlus Customer Services

Market Wolf 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:

	Market Wolf	TradePlus
Toll Free Number *	Toll Free Number : No	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : No
Customer Care *	Customer Care : Info Not Available	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 : Yes	24/7 Support : -
	Open Account	Open Account

Market Wolf vs TradePlus Other Investement

Market Wolf 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:

	Market Wolf	TradePlus
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : No	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
	Open Account	Open Account

Market Wolf vs TradePlus Trading Platform

Market Wolf 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:

	Market Wolf	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 : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes
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