INTRODUCTION:
Tradeplus Online has enterprise standard plans compared to other discount brokers.
Tradeplus is the new form of online brand of Navia Markets limited And Navia Commodities Broker pvt. Ltd. Established in 1983 to provide great service in the financial service industry. in 1995, they became Equity brokers on NSE, After a few years in Investment Services. In 1997, they became Depository Participant with NSDL, Commodity brokers on MCX in 2009 and Equity Stock Brokers in BSE in 2010. At present they have 20,000 customer base spread across
Recently they moved to the discount broking model as “TradeplusOnline” to reach out to traders in
Tradeplusonline, has base location is Chennai but also has around 200 plus collection centers across the country where you can apply. Tradeplus is provides best Technical Analysis tools which is one of its unique feature. NRIs can enjoy the benefit of obtaining a PAN card to filling of Income tax returns in
The services of the company include trading in Intra-day, equity, Future and Option, commodities and currency on BSE, NSE and MCX, as well as provide investment option in Bonds, Insurance, Mutual Fund and IPOs. Tradeplus has own DP services having membership with NSDL.
TradePlus is best in customer Care, They provide support Via chat, email, even through SMS (which is not offered by many online brokers). They have high class functionality and secure Backoffice support.
Advantages:
- NRI Trading services.
- data analytics platform.
- Platform to trade in IPO,MF and Bonds.
- Demat services.
- Monthly unlimited trading plans.
- PAYTM integration & cashback.
- Support provided over SMS, chat, phone and email.
- Lowest price plan for Intraday traders.
- Refer a friend and earn feature.
Disadvantages:
- Additional charges for using the technical analysis tool.
Why Tradeplus Online?
- Tradeplusonline has lowest unlimited refundable trading plans at Rs 99 pm in category – Equity Option, Commodity & Currency.
- Intra-day margin upto 33 times via cover order and Margin on shares is available.
- NRI Trading services.
- submit your form through online KYC.
- Platform to trade in IPO, Mutual Fund & Bonds.
- Rs 400 per Crore is charged on MCX commodity segment, Lowest Transaction charge.
- AHA! – DATA ANALYTICS PLATFORM for Intraday traders.
- Value Added Services – Tips , Software & knowledge partner packs.
- PAYTM integration and Cashback.
- AMS – Customized technical alerts.
Trading tools in TradePlus online:
Tradeplus provides “NSE NOW” WEB version, Desktop version and
Following are two of the softwares available on Tradeplus:
INFINI-TRADER :
Tradeplus’s software called INFINI-TRADER (Nest Plus platform), a desktop trading tool is powered by Omnesys Tech. It is a terminal based trading platform for Equity Options, MCX commodities (non -agri) and Currency Derivatives only.
INFINI-POWER:
Infini-power is a technical analysis and charting tool, that provides advanced and custom market watch, user friendly charting platform, active contracts, level scanners and real time market news, rollover, Intraday screening tools, market sentiment indicators, technical analysis, FII activity, heat map, market dynamics etc,.. for the members of Tradeplus.
INFINI-POWER available for Rs 249 for MCX trading and Rs 499 per month for Equity trading. Subscription Management Portal SMP is a separate portal, where you can enable or disable value added content and add or delete trading segments in Tradeplus.
Charges:
Infinite Trading plan charges:
- Flat Fee Rs 99 (Currencies, Options, MCX) and Rs 799 (Futures)
- Equity Delivery 1%
- Equity Intraday 01%
- Equity Futures Rs 799 PM FLAT
- Equity Options Rs 99 PM FLAT
- Currency Futures Rs 99 PM FLAT – Both F & O and Currency
- Currency Options Rs 99 PM FLAT – Both F & O and Currency
- Commodity Rs 99 PM FLAT
Account Opening Charges:
- Trading Account Opening Charges (One Time): Rs 199
- Trading Annual maintenance charges (AMC): NIL
- Demat account Opening Charges (One Time): NIL
- Demat Account Annual Maintenance Charges (AMC): Rs 500 (for 5 years) or Rs 900 (for 10 years)
TradePlus online Trading Brokerages:
- Percentage Based Plan: Equity Intraday Trading at 0.01%, Equity Delivery Trading at 0.10% – Intraday leverage of upto 33 times.
- Infinite Option Plan: Unlimited Equity option trading at Rs 60 per lot or Rs 99 per month each side – get intraday trading margins up to 2X on sell side.
- Infinite Currency Plan: get intraday trading margins upto 2X, Unlimited Currency future and option trading at Rs 20 per lot or Rs 99 per month each side.
- Infinite Commodity Plan: Unlimited Commodity (non-agri only) trading at MCX at 0.01% on turnover or Rs 99 per month, get intraday trading margins upto 2X.
- Unlimited Equity Future Trading at 0.01% or Rs 799 pm on turnover each side- with Intraday Margin of upto 2X.
Summary:
Tradeplus is a broker engineered for active traders who not only trade in stocks, but also in Mutual Fund, IPO, currency and commodity. A broker with such a diverse offering is not a normal task and can’t be done by any other brokers easily. It is giving other value added services and best customer support with easy to use platforms for trading; Tradeplus is worth investing your time in.