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TradePlus vs Upstox (Compare TradePlus and Upstox)

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 TradePlus vs Upstox, Below comparison of TradePlus vs Upstox 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 TradePlus vs Upstox is given below:

TradePlus Upstox
About The Brokers
TradePlus :

Tradeplus has all the things to become very successful in broking industry from very attractive brokerage plans, Margin funding and choice o   >>> more

Upstox :

"Founded in 2009, Upstox is one of the reliable stock trading brokers with low brokerage and excellent facilities. Two young successful entrepreneurs who opened the co   >>> more

Find More Information about the Broker :
TradePlus :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Upstox :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
TradePlus :
 Discount Broker
Upstox :
 Discount Broker
Promo/offers
TradePlus :
N/A
Upstox :
Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Advantage
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
Upstox :
  • No Brokerage on Mutual funds.
  • DEMAT AMC free for Life
  • Low cost Brokerage
  • Self-directed, easy to use online learning for all levels
  • Easy to get started with Aadhar based signup
  • Good Brokerage & Margin Calculator
  • Unlike other low-cost brokers, RKSV offer a variety of affordable pricing plans so that you can choose the plan best suited for you
Disadvantage
TradePlus :
  •  Call n Trade charges are very high.
  •  INFINI ‐ Trading platform is not free.
  •  SMS charges with monthly plans
  •  Lot of hidden charges
Upstox :
  • No margin funding
  • Does not provide Tips & recommendation
  • Turnover charges on futures and options is higher than competitors
  • Upstox doesn't offer unlimited monthly trading plans.
  • Doesn't offer research based services.
  • Charges on Funds Transfer @ ₹7 per fund transfer.
Why This
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.
Upstox :
  • Upstox offers zero brokerage on equity mutual fund Investment and a mere ₹20 per transaction on Equity Delivery, intraday and F&O trades.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.
  • Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
  • Zero Demat AMC, Free demat account for life.
  • Offers NRI trading.
  • Offers Mutual Fund Investment, SIP Investement.
  • Upstox is backed by top investors with the likes of Ratan Tata, Kalaari Capital & GVK Davix
  • Upstox offers the best of technology to traders. The Upstox Platform on mobile and web is one of the best platforms for the Indian stock market.
Open Account

TradePlus vs Upstox Account Opening & AMC Charges

TradePlus Trading Account Opening Fee is Rs 0 and Upstox Trading Account Opening Fee is Rs 249 . TradePlus Demat Account AMC is Rs 0 and Upstox Demat Account AMC is Rs 0 (Free) .

TradePlus Upstox
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0

Trading Account Opening Fee :

Rs 249

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 0

Demat Account AMC :

Rs 0 (Free)

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

TradePlus vs Upstox Brokerage Charges

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 . Upstox Brokerage Charges Equity Delivery is Rs 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

TradePlus Upstox
Plan Name Plan Name :

Basic Plan

Plan Name :

Flat Zero brokerage Scheme

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

₹0 (Free)

Equity Delivery :

₹0 (Free)

Equity Delivery :

Rs 20 per executed order or 2.5% whichever is low

Equity Intraday Equity Intraday :

Lower of ₹9 per traded order or 0.01%

Equity Intraday :

NA

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

₹9 per traded order

Equity Future :

₹799 per month (unlimited trading)

Equity Future :

Rs 20 per executed order or 0.05% whichever is lower

Equity Options Equity Options :

₹9 per traded order

Equity Options :

₹99 per month (unlimited trading)

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

₹9 per traded order

Currency Futures :

₹99/month (unlimited trading) for futures & Option

Currency Futures :

Rs 20 per executed order or 0.05% whichever is lower

Currency Options Currency Options :

₹9 per traded order

Currency Options :

₹99/month (unlimited trading) for futures & Option

Currency Options :

Rs 20 per executed order

Monthly Fee Monthly Fee :

As per segment

Monthly Fee :

As per segment

Monthly Fee :

NA

Margin Trading Margin Trading :

Interest 2% per month

Margin Trading :

Interest 2% per month

Margin Trading : -
Commodity Futures Commodity Futures :

₹9 per traded order

Commodity Futures :

₹99/month (unlimited trading) for futures & Option

Commodity Futures :

Rs 20 per executed order or 0.05% whichever is lower

Commodity Options Commodity Options :

₹9 per traded order

Commodity Options :

₹99/month (unlimited trading) for futures & Option

Commodity Options :

Rs 20 per executed order

Open Account Open Account

TradePlus vs Upstox Exchange Transaction Charges

TradePlus Exchange Transaction Charges Equity Future is Rs 360 per crore (0.0036%) and Equity Options is Rs 7800 per crore (0.078%)(on premium) . Upstox Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

TradePlus Upstox
Equity Delivery Equity Delivery :

Rs 345 per crore (0.00345%) (each side)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

Rs 345 per crore (0.00345%) (sale side)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

Rs 360 per crore (0.0036%)

Equity Future :

NSE Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

Rs 7800 per crore (0.078%)(on premium)

Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Currency Futures * Currency Futures :

Rs 140 per crore (0.0014%)

Currency Futures :

NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)

Currency Options Currency Options :

Rs 6000 (on premium) per crore (0.06%)

Currency Options :

NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)

Commodity Commodity :

Rs 500 (0.005%)

Commodity :

Group A - Rs 290 per Cr (0.0029%)

Open Account Open Account

TradePlus vs Upstox Other Charges

TradePlus and Call & Trade is Flat Rs 75 per day . Upstox Minimum Brokerage is 0.05% and Call & Trade is Rs 20 per trade .

TradePlus Upstox
Minimum Brokerage Minimum Brokerage : - Minimum Brokerage :

0.05%

Call & Trade Call & Trade :

Flat Rs 75 per day

Call & Trade :

Rs 20 per trade

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

0.03% / minimum of ₹25 & Maximum of ₹250/ Trans.

DP Charges (on sell side) :

₹13 plus ₹5.50 (CDSL charges) per scrip.

Other Miscellaneous Charges Other Miscellaneous Charges :

SMS Charges: Rs 100 per segment.

Other Miscellaneous Charges :

Auto Square-off Charges: Rs 50

Open Account Open Account

TradePlus vs Upstox Features

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

TradePlus Upstox
Trading Platform Trading Platform :

INFINI, NSE NOW

Trading Platform :

Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola

Placing orders through charts Placing orders through charts : - 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 : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program :

1

Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

TradePlus vs Upstox Demat Account Charges

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

TradePlus Upstox
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

Rs 249

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Nil

AMC AMC :

Rs 0 (Free) for Resident Individuals

AMC :

Rs 0

Dematerialisation Charges Dematerialisation Charges :

Rs 50 per DRF (up to 5 Certificates)

Dematerialisation Charges :

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

Rematerialisation Charges Rematerialisation Charges :

Rs 15 per certificate

Rematerialisation Charges :

Rs 25 per certificate or 0.05% of the value whichever is higher.

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
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

Transaction Charges (debit) :

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

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 Charges :

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

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 Creation Confirmation Charges :

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Pledge Invocation Charges Pledge Invocation Charges :

0.02% of the value of the securities pledged, subject to minimum of Rs 50 per Transaction.

Pledge Invocation Charges :

0.05% of the transaction charges subject to a minimum of Rs 50

Failed Instruction Charges Failed Instruction Charges :

Rs 15 per transaction

Failed Instruction Charges :

Rs 50 per transaction

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

Other Charges :

  1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
  2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
  3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Open Account Open Account

TradePlus vs Upstox Basic Details

TradePlus Year of Incorporation is 1995 and Total Number of Clients is 15688 and . Upstox Year of Incorporation is 2012 and Total Number of Clients is 5596268 and Total Number of Branches is 4 .

TradePlus Upstox
Year of Incorporation Year of Incorporation :

1995

Year of Incorporation :

2012

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX

Active Exchange Memberships :

BSE, NSE, MCX

Demat Services Demat Services :

No

Demat Services :

No

Website Website : https://www.tradeplusonline.com/ Website : www.upstox.com
Contact Details Contact Details :

044-49427576

Contact Details :

+91-22-6130-9999

Total Number of Clients Total Number of Clients :

15,688

Total Number of Clients :

5,596,268

Total Number of Branches Total Number of Branches : - Total Number of Branches :

4

Products * Products :

Infini Web, Infini Power, TradePlus Mobile

Products :

Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.

Open Account Open Account

TradePlus vs Upstox Orders

Orders

TradePlus Upstox
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) :

No

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) :

No

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

TradePlus vs Upstox Research and Advice / Trading Tips

Research and Advice / Trading Tips

TradePlus Upstox
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

Yes

Recommendation basis risk Profile :

No

Comparison * Comparison :

Yes

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

No

Daily Market report :

No

ETF research * ETF research :

Yes

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

Open Account Open Account

TradePlus vs Upstox Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

TradePlus Upstox
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

TradePlus vs Upstox Product & Services

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

TradePlus Upstox
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

Yes

Call in Trade * Call in Trade :

Yes

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 :

Yes

NRI Services :

No

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

No

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

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 :

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 :

Yes

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading :

No

Open Account Open Account

TradePlus vs Upstox Customer Services

TradePlus and Upstox 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:

TradePlus Upstox
Toll Free Number * Toll Free Number :

Yes

Toll Free Number :

No

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 :

Yes

Customer Care * Customer Care :

Yes

Customer Care :

Yes

Community Service * Community Service :

Yes

Community Service :

Yes

Relationship Manager * Relationship Manager :

Yes

Relationship Manager :

No

24/7 Support * 24/7 Support : - 24/7 Support :

No

Open Account Open Account

TradePlus vs Upstox Other Investement

TradePlus and Upstox 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:

TradePlus Upstox
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 :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

No

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

TradePlus vs Upstox Trading Platform

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

TradePlus Upstox
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 :

No

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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