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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
About The Brokers
IIFL :

"IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you   >>> 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 :
IIFL :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
TradePlus :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
IIFL :
 Full Service Broker
TradePlus :
 Discount Broker
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 :
  • Offer online IPO and Equity SIP
  • 1900+ branches all over India & have a global presence
  • Trading facility to NRIs is provided
  • Provide multiple broking plans
  • IIFL Trade terminal is one of the best trading terminal in India
  • Offer Commodity Trading & Investment facility in Mutual funds & IPO
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
IIFL :
  • Scope improvement is there in customer support.
  • Provides only 2-in-1 account facility
  • Less transparency in brokerage plans
  • High brokerage.
  • Minimum Brokerage charges
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
IIFL :
  • Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world.
  • Provide IPO service and equity SIP also
  • Amongst top 10 stock brokers in India
  • Best rated mobile Trading Platforms with >1.9m download.
  • Have branches all over India. Approx 1900+ Branches
  • They provide multiple brokerage plans
  • All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O
  • Offer NRI Trading.
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.
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

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Open Account Open Account

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