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

INDmoney

TradePlus

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	INDmoney	TradePlus

About The Brokers

INDmoney :

INDmoney is not competing primarily as a discount broker — it is competing as a financial super-app. For investors who want Indian stocks >>> 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 :

INDmoney :

OVERVIEW

TradePlus :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

INDmoney :

Discount Broker

TradePlus :

Discount Broker

Promo/offers

INDmoney :

N/A

TradePlus :

N/A

Advantage

INDmoney :

✔ What INDmoney Does Well

✓	9,000+ US stocks from one Indian app — largest US stock coverage
✓	Fractional US stock investing from just $1
✓	US stock SIPs — unique automated US investing from India
✓	₹0 AMC + ₹0 account opening
✓	True super-app: Indian stocks + US stocks + 1600+ MF + FD + NPS + insurance
✓	Net worth tracker aggregating all financial accounts
✓	Family accounts — manage spouse/parents accounts in one dashboard
✓	Tax calculator integrated in-app
✓	SIPC protection on US stocks up to $500,000
✓	MTF 4x at 0.04%/day — competitive rate

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

INDmoney :

✘ Where INDmoney Falls Short

✗	DP charge ₹18.5+GST — highest among reviewed brokers; impacts regular delivery sellers
✗	Indian F&O brokerage ₹20 — same as standard, no differentiation
✗	No commodity (MCX) trading
✗	No currency (forex) derivatives
✗	No NRI accounts
✗	Customer support reported as slow — 2-3 day email response times
✗	US stock forex conversion 0.5%–1.2% from bank — not INDmoney's charge, but a real cost
✗	No advanced F&O tools vs Dhan/Zerodha
✗	US stock repatriation takes 3–7 business days

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

INDmoney :

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

INDmoney vs TradePlus Account Opening & AMC Charges

- and TradePlus Trading Account Opening Fee is Rs 0 (Free) . - and TradePlus Demat Account AMC is Rs 0 .

	INDmoney	TradePlus
Trading Account Opening Fee	Trading Account Opening Fee : -	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : -	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : -	Demat Account AMC : Rs 0
Trading Account AMC	Trading Account AMC : -	Trading Account AMC : Rs 0
	Open Account	Open Account

INDmoney vs TradePlus Brokerage Charges

INDmoney Brokerage Charges 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) .

	INDmoney	TradePlus
Plan Name	-	Plan Name : Basic Plan	Plan Name : Flat Zero brokerage Scheme
Equity Delivery	-	Equity Delivery : Rs 99 per month (unlimited trading)	Equity Delivery : Rs 0
Equity Intraday	-	Equity Intraday : Rs 99 per month (unlimited trading)	Equity Intraday : Rs 0
Equity Future	-	Equity Future : Rs 99 per month (unlimited trading)	Equity Future : Rs 0
Equity Options	-	Equity Options : Rs 99 per month (unlimited trading)	Equity Options : Rs 0
Currency Futures	-	Currency Futures : After 31 trades Lower of - Rs 9 per trade or 0.05%	Currency Futures : Rs 0
Currency Options	-	Currency Options : After 31 trades Lower of - Rs 9 per trade or 0.05%	Currency Options : Rs 0
Monthly Fee	-	Monthly Fee : Rs 99 per month (unlimited trading)	Monthly Fee : Rs 499 per month (unlimited trading)
Margin Trading	-	Margin Trading : -	Margin Trading : -
Commodity Futures	-	Commodity Futures : Rs 99 per month (unlimited trading)	Commodity Futures : Rs 0
Commodity Options	-	Commodity Options : Rs 99 per month (unlimited trading)	Commodity Options : Rs 0
	Open Account	Open Account

INDmoney vs TradePlus Exchange Transaction Charges

INDmoney Exchange Transaction Charges - and - . 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) .

	INDmoney	TradePlus
Equity Delivery	Equity Delivery : -	Equity Delivery : BSE Rs 345 per Cr (0.00345%)
Equity Intraday	Equity Intraday : -	Equity Intraday : NSE Rs 335 per Cr (0.00335%)
Equity Future *	Equity Future : -	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0
Equity Options *	Equity Options : -	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 95 per Cr (0.00095%) \| BSE Rs 22 per Cr (0.00022%)
Currency Options	Currency Options : -	Currency Options : NSE Rs 3700 per Cr (0.037%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : -	Commodity : Rs 500 (0.005%)
	Open Account	Open Account

INDmoney vs TradePlus Other Charges

INDmoney and . TradePlus and Call & Trade is Flat Rs 75 per day .

	INDmoney	TradePlus
Minimum Brokerage	Minimum Brokerage : -	Minimum Brokerage : -
Call & Trade	Call & Trade : -	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.
	Open Account	Open Account

INDmoney vs TradePlus Features

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

	INDmoney	TradePlus
Trading Platform	Trading Platform : -	Trading Platform : INFINI, NSE NOW
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : -
Trading Alerts	Trading Alerts : -	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 : -	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) : Yes	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

INDmoney vs TradePlus Demat Account Charges

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

	INDmoney	TradePlus
Depository Service Provider	Depository Service Provider : -	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : -	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : -	Advance Deposit : Nil
AMC	AMC : -	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

INDmoney vs TradePlus Basic Details

INDmoney and Total Number of Clients is 838493 and . TradePlus Year of Incorporation is 1995 and Total Number of Clients is 11517 and .

	INDmoney	TradePlus
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 1995
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : -	Demat Services : No
Website	Website : -	Website : https://www.tradeplusonline.com/
Contact Details	Contact Details : -	Contact Details : 044-49427576
Total Number of Clients	Total Number of Clients : 838,493	Total Number of Clients : 11,517
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : -
Products *	Products : -	Products : Infini Web, Infini Power, TradePlus Mobile
	Open Account	Open Account

INDmoney vs TradePlus Orders

Orders

	INDmoney	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
	Open Account	Open Account

INDmoney vs TradePlus Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

INDmoney vs TradePlus Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	INDmoney	TradePlus
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : -
	Open Account	Open Account

INDmoney vs TradePlus Product & Services

INDmoney 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:

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

INDmoney vs TradePlus Customer Services

INDmoney 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:

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

INDmoney vs TradePlus Other Investement

INDmoney 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:

	INDmoney	TradePlus
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : -	Insurance Services : No
Banking Services *	Banking Services : -	Banking Services : No
	Open Account	Open Account

INDmoney vs TradePlus Trading Platform

INDmoney 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:

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