TopShareBrokers.com Logo
FREE Account Opening + Lifetime Free Demat AMC*
Loading...

TradePlus Review 2022

Rated 3.5 stars Rated 3.5/5 by Top Share Brokers Team
Last updated on: 11-Oct-2022
Tradeplus online Review
  • Ranked #1 Broker in India(5*)
  • Get 100% Free Delivery Trading
  • Risk Free Account Opening
  • TradePlusOnline Review 2022 - Quick Summary

    Trade at just Rs. 9/order and enjoy free derivative trading benefits with TradePlus Account. Highlights include a free account, Lifetime zero Demat AMC, and RocketPlus technology-powered app, web, and exe trading platforms.


    Rated 3.5 stars

    TradePlusOnline Top Highlight for 2022

    • Free Demat account
    • Get a Lifetime zero Demat AMC account.
    • Trade or invest across a range of asset classes.
    • Pay 0 fee on all derivative segments.
    • Trade at Max Rs. 9 per order brokerage.
    • RocketPlus cutting-edge web, app, and exe platforms.
    • Commission-free direct mutual fund platform.
    • Global investing in the US stock market.

    About TradePlusOnline

    TradePlus Online is a discount broking arm of Navia Markets Ltd, a well popular financial service provider serving customers since 1983. TradePlus is started with the simple mission to provide simple yet technology-driven intelligent trading and investing solutions at a highly competitive brokerage cost.

    The broker is an active member of BSE, NSE, and MCX to facilitate trading in shares, futures & options, commodities, and currency derivative segments. It also offers IPO and direct mutual fund investment products.

    In terms of brokerage, TradePlus has the best plans for you. Enjoy zero brokerage derivatives trading and trade at Max Rs. 9 per order brokerage fee across segments. Rs. 9 flat pricing is one of the cheapest brokerage plans in the industry that helps you save a lot of money on brokerage. Open a 100% free TradePlus trading-cum-demat account now and trade at the most competitive brokerage.

    In 2020, the broker has launched an advanced Rocketplus trading platform in web, exe, and mobile app versions. The simple and sleek UI-enabled Rocketplus technology platform has exciting features for traders including advanced charting, trade from the charts, technical indicators and tools, option chain analytics, and much more. It also provides a free direct mutual fund investment platform on the Infini MF platform.

    Whether you are a resident or NRI? Get all the needed customer support online over the TradePlus helpline desk, and customer care email. Check out the latest TradePlus Online Review 2022 including account opening fee, brokerage charges, Rocketplus app, and trading platforms features, customer care details, and pros & cons.

    Zerodha Promotion Offer

    Current promotion offer from Zerodha for TopShareBrokers Visitors:

    • Free Delivery Trading
    • Max Rs. 20 per order brokerage on intraday,F&O,Commodities and Currency
    • Free Direct Mutual Funds and IPO Investment
    • Kite & Coin - Number one Trading platform and Mobile App
    • Open Instant Zerodha Account Now!

    Request call back from Zerodha

    TradePlusOnline Brokerage Plan, Fees and Charges

    Rated 3.5 stars Brokerage and Commission Rated 3.5/5

    Tradeplus brokerage model is slightly different from the leading discount stockbrokers like Zerodha, and Upstox. TradePlus Online has two pricing plans to provide flexibility to customers to choose the plan that best matches their trading requirements. It has a Smart Flat brokerage plan and Flat Pro pricing plan.

    The Smart Flat default pricing plan offers zero brokerage derivative trading services across all segments for the first 30 trades and thereafter charges a lower of 0.05% or flat Rs. 9 per order brokerage fee per trade. Users can subscribe to the plan at just Rs. 99 per month, one of the cheapest plans in the entire country.

    However, flat pro is designed for high-volume or frequent traders who can avail the benefits of free derivative trade across any segment and place an uncountable number of trades in a month. TradePlus charges Rs. 499/month subscription fee on the flat pro plan.

    TradePlusOnline Account Opening Charges

    Trading Account Opening Charges: Free
    Trading Account AMC: Free
    Demat Account Opening Charges: Free
    Demat Account AMC: Free

    TradePlusOnline Brokerage Plan with closest competitors

    Here we are comparing TradePlusOnline with its 5 close competitors, who are currently market leader in brokerage industry.

    Broker TradePlusOnline 5paisa Zerodha Upstox Paytm Money
    Service Type Discount Broker Discount Broker Discount Broker Discount Broker Discount Broker
    Brokerage Range Max Rs 9 Rs 20 Rs 20 Rs 20 Rs 15
    Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
    Equity Delivery Free Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower 2.5% or Rs 15 whichever is lower
    Equity Intraday 0.05% or Rs 9 whichever is lower Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
    Equity Futures Flat Fee Rs 9 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 15 whichever is lower
    Equity Options Flat Fee Rs 9 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15 per order
    Commodity Flat Fee Rs 9 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
    Currency Futures Flat Fee Rs 9 Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower NA
    Currency Options Flat Fee Rs 9 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
    Rating
    Rated 3.5 stars
    Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

    Other Charges

    • Call & Trade Charges: Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
    • RMS Auto Square Off Charges: Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
    • Hidden Charges: No

    For complete brokerage charges and trading plans detail please visit TradePlusOnline Brokerage Charges.

    Please refer unique and accurate TradePlusOnline Brokerage Calculator


    Type of Account offered by TradePlusOnline

    TradePlus has 3 accounts for you to match every kind of trading and investment requirement. Check out a brief review of each type of account to decide yourself which TradePlus account to open for trading.

    TradePlus Demat & Trading Account

    TradePlus is a depository participant with both the CDSL and NSDL to allow residents to open a trading cum demat account. Well, it offers only 2-in-1 account opening services to trade and/or invest in shares, derivatives, commodities, currencies, IPO, mutual funds, bonds, and ETFs.

    Is TradePlus Account free? Yes, it offers free demat and trading accounts at zero account opening charges, and also there is no maintenance fee on its demat account for a lifetime.

    TradePlus NRI Trading Account

    NRI trading is available with TradePlus which offers NRI 2-in-1 Accounts (Trading + Demat). For that purpose, TradePlus has partnered with 4 leading Indian banks including Axis, HDFC, ORBIS, and IDFC First Bank. An NRI can open an NRE or NRO account with any of these banks to open a TradePlus NRI trading-cum-demat account.

    TradePlus NRI Trading Features;

    • Trade in stocks, derivatives, IPO, mutual funds, ETF, and bonds.
    • Trade in F&O at just Rs. 49 per trade.
    • Cutting-edge RocketPlus Trading Platforms.
    • Dedicated NRI customer services.
    • Get funding and BTST facility on NRO

    TradePlus Global Investment Account

    If you want to invest in the US market, you have to open a global investing account with TradePlus Online. The platform allows you to invest in global stocks like Uber, VISA, Amazon, Google, Tesla, Walmart, and more. Global investing with TradePlus serves the following benefits;

    • Zero account opening fees.
    • No minimum investment.
    • Multiple subscription-based brokerage plans.
    • Portfolio diversification by investing in the global market.
    • Invest in fractional stocks.
    • End-to-end security & support.

    How to open TradePlusOnline Account online?

    Get started with a 100% paperless account opening journey to open a free demat and trading account in less than 15 minutes at minimal documentation. Just keep your aadhaar card, PAN card, bank details, and signature specimen handy to open a TradePlus account online.

    Steps to open TradePlus Online Demat & Trading Account;

    1. Visit to the TradePlus Online website.
    2. On the top right side, click on “Sign up”
    3. Enter your mobile number and OTP to verify.
    4. Aadhaar verification: Proceed with DigiLocker, and enter your aadhaar card number + OTP.
    5. PAN verification: Now, enter your PAN number for KYC verification.
    6. Bank details verification: Enter the account number and IFSC code to link a bank account.
    7. Email verification: Enter your email ID and verify it with OTP.
    8. Add personal details as enquired.
    9. Document Upload and IPV: Upload the soft copies of the required documents and a selfie photo.
    10. To trade in the derivative segment, you also have to upload the income proof.
    11. E-sign: Enter Aadhaar number and OTP as well to e-sign the form.
    12. After a successful e-sign, your 8-digit Unique Client Code (UCC) will be visible on the screen to log in to the RocketPlus platform to start your online trading and investment journey.
  • Free Demat Account
  • 100% Free Delivery Trade
  • Online Account Opening
  • Alternatives to TradePlusOnline

     Demat Account
     Demat Account
     Demat Account
     Demat Account

    TradePlusOnline Mobile App and Trading Platforms

    Rated 3.5 stars Trading Platforms Rated 3.5/5

    Trade with a simple yet technologically advanced Rocket platform launched in 2020 compatible across multiple devices. No matter, whether you want to trade on a browser, desktop, or mobile, TradePlus has cutting-edge, fast, and stable platforms for you. Let’s explore tools and features of TradePlus Rocket and RocketPlus app, web, and exe platform. It is also expected to introduce API and Algo Trading platform soon

    TradePlus Rocket Trading App

      Rocket is an all-in-one trading app for equity, commodity, currency, IPO, mutual funds, bonds, and ETFs. The simple and sleek user-friendly designed mobile app has a host of features such as multiple watchlists, real-time market screeners, instant order entry, basket orders, options strategy builder, trading from the chart, over 100 indicators, live news, price alerts, etc. The app also provides crowd-sourced fundamental & technical research reports on stocks.

      It is a secure app for trading with 2-factor authentication (2FA). New users can access the guest login feature to explore the Rocket Mobile App features.

    TradePlus RocketPlus Mobile Trading App

      RocketPlus is an advanced mobile trading app crafted for pro traders. The RocketPlus Trading app has many exciting features for you such as Multi Leg Option Order with payoff charts, place Good Till Triggered (GTT) order, price ladder trading, basket orders to place multiple orders at one time, TradingView charting library, Buy and Sell directly from the charts, wide range of technical indicators and drawing tools, powerful scanners, market statistics, sector performance and news, price alerts, and many more. There are many useful features for options traders such as Option Chains, Open Interest Analytics, Option Greeks, etc.

      Download the app now from the Play Store and the App Store to trade on Android, iPod, and iPhone devices.

    RocketPlus Web Trading Platform

      Trade or invest with the browser-accessible RocketPlus web trading platform. Trade or invest seamlessly in stocks, futures & options, currencies, commodities, mutual funds, IPO, and ETFs with the RocketPlus website. The trading website is easy to use with all the basic features from Market Watch to personalized watchlists, charts, scanners, order books, alerts & notifications, etc. The RocketPlus web is compatible to run across any device be it mobile, desktop, or laptop.

    RocketPlus Exe Desktop Trading Software

      Are you a day trader or professional enthusiast, RocketPlus Exe-based installable desktop trading terminal is specially designed for you. The Multi-exchange desktop trading software has everything for you from multiple personalized watchlists to scanners, amazing technical charts, a variety of technical indicators, drawing tools, the fastest order entry, trade from the charts, options analytics, and many other features. You can analyze stocks with real-time technical data to never miss any trading opportunity.

    INFINI MF App

      INFINI MF by TradePlus is an exclusive mutual funds investment platform to invest at your fingertips. It is an absolutely free platform to invest via SIP or lumpsum route in direct mutual funds for free at zero brokerage and helps you earn upto 1.5% extra commission. You can buy or sell direct mutual funds (Equity, debt, hybrid, ELSS) anytime online using the Infini MF mobile app. You can also place conditional orders, Flexi SIP orders, view the dashboard, charts, and the historical performance of any scheme.

      The Infini MF app is compatible with Android and iOS devices and is available to download on the Play store and the App store.

    For detail review of mobile app and download please visit TradePlusOnline Trading Platform Review.


    TradePlusOnline Trading Pros

    • Zero account opening charges and no maintenance fee.
    • Free investment in stocks (delivery trading).
    • The cheapest flat brokerage of Rs. 9 per order.
    • Free derivative trading.
    • 0 brokerage investment in direct mutual funds.
    • Cutting-edge RocketPlus technology trading platforms.
    • Advanced orders like basket orders and GTT orders.
    • Margin Trading Funding (MTF).
    • Buy Today Sell Tomorrow (BTST) and Buy Today Pay later (BTPL)
    • UNIV free learning platform for beginners.

    TradePlusOnline Trading Cons

    • Does not offer a 3-in-1 account.
    • Being a discount broker, it does not provide research & advisory.
    • Very high call & trade charges.

    TradePlusOnline Customer Care info

    TradePlus Online provides dedicated account opening and general support customer services to both residents as well as NRI clients. It facilitates customers to raise their queries over the helpline number or email address to get instant answers to all their doubts.


    Final thought about TradePlusOnline

    Rated 3.5 stars Rated 3.5/5 by 27 users

    Traders who are looking for zero brokerage unlimited derivative trading plans can choose TradePlus as the preferred broker at just Rs. 499 per month, and trade at the lowest Rs. 9 flat fees. However, despite competitive pricing, the broker is still not having a good clientele base. Further, the Rocketplus technology has been launched 2 years back and still, did not receive good customer ratings. Therefore, in terms of technology and customer base, Zerodha, Upstox, Prostocks, etc. are still the top recommended brokers.

    Request call back from Zerodha

    Last updated on: 2022-10-11

    FAQs

    Trade plus offer Margin Trading Facility. To avail this service, you need a separate request. Once you have MTF facility, you can use INFINI trading platform to place your order. There is separate order type as MTF. Under MTF you need to pay interest on borrowed money @24% PA. MTF facility is available for delivery only trade where you can carry f/w your trade for T+2+5 days.

     

    Compare TradePlusOnline

    Find out how TradePlusOnline stacks up against other brokers
    Compare TradePlusOnline Vs 5paisaCompare TradePlusOnline Vs Zerodha
    Compare TradePlusOnline Vs Paytm MoneyCompare TradePlusOnline Vs Edelweiss
    Compare TradePlusOnline Vs IIFL SecuritiesCompare TradePlusOnline Vs ProStocks
    Compare TradePlusOnline Vs Espresso SharekhanCompare TradePlusOnline Vs Angel One
    Compare TradePlusOnline Vs UpstoxCompare TradePlusOnline Vs Fyers
    Compare TradePlusOnline Vs SAMCOCompare TradePlusOnline Vs Alice Blue
    Compare TradePlusOnline Vs SharekhanCompare TradePlusOnline Vs Finvasia
    Compare TradePlusOnline Vs ICICIDirectCompare TradePlusOnline Vs HDFC Securities
    Compare TradePlusOnline Vs Aditya Birla MoneyCompare TradePlusOnline Vs SAS Online
    Compare TradePlusOnline Vs TradeSmartCompare TradePlusOnline Vs Kotak Securities
    Compare TradePlusOnline Vs GeojitCompare TradePlusOnline Vs Reliance Securities
    Compare TradePlusOnline Vs VenturaCompare TradePlusOnline Vs AxisDirect
    Compare TradePlusOnline Vs SBICAP SecuritiesCompare TradePlusOnline Vs Motilal Oswal
    Compare TradePlusOnline Vs SMC GlobalCompare TradePlusOnline Vs Anand Rathi
    Compare TradePlusOnline Vs Bonanza PortfolioCompare TradePlusOnline Vs Mangal Keshav
    Compare TradePlusOnline Vs Marwadi GroupCompare TradePlusOnline Vs Monarch Networth
    Compare TradePlusOnline Vs Sushil FinanceCompare TradePlusOnline Vs Religare Broking
    Compare TradePlusOnline Vs IDBI DirectCompare TradePlusOnline Vs Arihant Capital
    Compare TradePlusOnline Vs Nirmal BangCompare TradePlusOnline Vs Indira Securities
    Compare TradePlusOnline Vs GrowwCompare TradePlusOnline Vs Stoxkart

    Tradeplus online User Reviews

    avatar
    58. S Jacob Dec 02 2021 01:20:56 PM Reply
    Think 100% before Opening Account with TradePlus. For me Promised to open account in 1 hour, but now more than 2 Months getting excuse after Excuse
    avatar
    57. Smita pardeshi Mar 04 2020 10:16:06 PM Reply
    Good

    Ratings:

    Brokerage - Excellent
    Account Maintenance Fees - Above Average
    Website Usability - Above Average
    Customer Service - Excellent
    Overall Experience - Above Average
    avatar
    56. Deepak Rana Nov 15 2019 01:30:10 PM Reply
    The worst service. Donot open account in tradeplusonline, it will be just wastage of time.
    I have an account with tradeplusonline. Their customer service is very worst.
    I want to activate their MTF (Margin Trading ) facility for last one week. I have followed all the steps to activate the MTF facility but still even after 1 week the MTF account has not activated. I am calling them since last one week on their customer care no. (044-49427576 / 044-28214171) . These numbers are just telling in auto mode i.e. in IVRS mode that press this no like 1,2,3, to get your issues resolved. Once you press this extension numbers the phone gets automatically disconnected.
    On giving a negative review on their feedback page one of their customer relation officer or someone else called me and told me that Sir we will resolve the issue and will arrange a call to sort your issue and to activate MTF facility in your account, but even after more than 4-5 days no one has called me back to resolve the issue. So don''t open a trading account with tradeplusonline. It is just a waste of time and source of frustration.
    avatar
    55. Lakshmi Sep 12 2019 12:53:01 PM Reply
    The customer service is the worst and closely followed by undue delays in order placement. The best part of the company is its 117 rupee per month unlimited options trading. But that is all to it. They have too many hidden charges and you need to raise a complaint with NSE for resolution even if the amount is apparently and obviously debited incorrectly. You can write to them and know more about this by sending them an email to their support team. I suggest everyone to stay away from this except if you are looking for investment. But beware their PoA is something I have never seen with zerodha, tradesmartonline, icicidirect, upstox.

    Ratings:

    Brokerage - Excellent
    Account Maintenance Fees - Below Average
    Website Usability - Very Poor
    Customer Service - Very Poor
    Overall Experience - Very Poor
    avatar
    54. Arun Oct 14 2018 01:45:22 PM Reply
    Very poor service nd not suitable for comment to others.

    Ratings:

    Brokerage - Excellent
    Account Maintenance Fees - Very Poor
    Website Usability - Very Poor
    Customer Service - Very Poor
    Overall Experience - Very Poor
    avatar
    54.1. Rajesh Sep 12 2019 12:34:40 PM
    Except the brokerage, everything else is a waste. Indeed the delay in order placement can result in huge losses or wipe out your profits if you are lucky to guard your capital.
    avatar
    53. Lakshmi Sep 12 2019 12:31:54 PM Reply
    This is one of the worst companies you can ever come across. The pricing system onwards till their customer support, everything with them is a mess. THE ONLY GREAT THING ABOUT THEM IS THE 99 RUPEES UNLIMITED TRADING IN OPTIONS. If you trade in options it is a great feature not offered by others. But then you have to compromise on many factors from delay in the alert prompting us to place order to the time it takes to place the order. This lag can vary from a minimum of 10 seconds to 30-40 seconds. If you trade in options, you know how important are those few seconds. But the nightmare is that they have a very different poa and they use to take control of our holdings without us pledging them. They offer margin based on the holdings (after haircut) and show it as net cash giving us the impression that we have that much amount of cash! However they will charge interest at a rate they can determine on their own! Don''t take my words for truth. Please send them an email on any issue and you will understand it is as good as throwing something into a blackhole.
    avatar
    52. RAVI Jul 31 2018 01:51:29 PM Reply
    overall good

    Ratings:

    Brokerage - Above Average
    Account Maintenance Fees - Excellent
    Website Usability - Excellent
    Customer Service - Above Average
    Overall Experience - Above Average
    avatar
    51. geo v m Jul 18 2018 11:42:34 PM Reply
    Excellent customer support and response
    avatar
    50. Vipin Jul 09 2018 03:24:10 PM Reply
    Fully Fraud Comapany..
    Huge Charges Debited Every Month
    SMS Charge 117 + GST
    Trade Charge Rs. 75 to 1000 per month
    brokerge Rs. 99 or what u opt plan
    avatar
    49. purushotham Jul 05 2018 04:59:48 PM Reply
    I am very satisfied with the service provided by the tradeplus

    Ratings:

    Brokerage - Excellent
    Account Maintenance Fees - Excellent
    Website Usability - Above Average
    Customer Service - Excellent
    Overall Experience - Excellent