FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

TradePlusOnline Vs Fyers: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of TradePlusOnline Max Max Rs 9 per trade while the brokerage of Fyers Max Rs 20 per trade. Both the brokers are Discount Brokers. TradePlusOnline is having overall lower rating compare to Fyers. TradePlusOnline is rated only 3.5 out of 5 where Fyers is rated 4 out of 5. Number of active customer for Fyers is 2,14,075 where number of active customer for TradePlusOnline is 10,982. Fyers is serving more customer compare to TradePlusOnline.

Here we present side-by-side comparison of TradePlusOnline vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared TradePlusOnline vs Fyers's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of TradePlusOnline vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared TradePlusOnline vs Fyers's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare TradePlusOnline vs Fyers on Service

  TradePlusOnline Compare
TradePlusOnline
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX
Active Clients 10,982 2,14,075
Broker Overview 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. Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Fyers
Expand

Account Opening Charges and AMC

Compare TradePlusOnline vs Fyers on Trading & Demat Account Opening Charges

Comparison of TradePlusOnline with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare TradePlusOnline with Fyers
Charges TradePlusOnline Fyers
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Free
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare TradePlusOnline vs Fyers on Plan Options

Plans are the most important feature you look when compare TradePlusOnline with Fyers. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradePlusOnline provide Multiple Plans where Fyers doesn't offer. Monthly Plans - TradePlusOnline provide Monthly Plans where Fyers doesn't offer

Compare TradePlusOnline with Fyers on Plan Options
Plan Types TradePlusOnline Fyers
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Fyers
Account Opening Request
Expand

Brokerage Charges

Compare TradePlusOnline vs Fyers on Brokerage Charges

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare TradePlusOnline with Fyers
Brokerage Charges Compare TradePlusOnline Fyers
Plan Name Smart Flat Brokerage Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Free Free
Equity Intraday 0.05% or Rs 9 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 9 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 9 Flat Fee Rs 20
Currency Futures Flat Fee Rs 9 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 9 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 9 Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 24% interest PA No
Call & Trade Charges Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade Rs 50 Per Order
Auto Square off Charges Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for TradePlusOnline Brokerage Calculator for Fyers
Expand

Share Broker's Transaction Charges

Compare TradePlusOnline vs Fyers on Transaction Charges

Compare TradePlusOnline with Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare TradePlusOnline with Fyers
Transaction Charges Compare TradePlusOnline Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for tradeplus Complete Brokerage Plans for fyers
Expand

Account Features

Compare TradePlusOnline vs Fyers on Account Features

Compare TradePlusOnline with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - TradePlusOnline offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - TradePlusOnline offers NRI where Fyers doesn't offers NRI Trading.

Account Features - TradePlusOnline with Fyers
Account Features Compare TradePlusOnline Fyers
3 in 1 Account No TradePlusOnline have 2-in-1 account. Only Demate and Trading account. No TradePlusOnline have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features Charting & Tech Tools -YES - INFINI POWER - MCX and Equities Fyers 30 Day Challenge
Expand

Trading Platform

Compare TradePlusOnline vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradePlusOnline and Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare TradePlusOnline with Fyers
Trading Platform Compare TradePlusOnline Fyers
Desktop Trading Platform Rocketplus Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://infini.tradeplusonline.com/ Fyers Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App RocketPlus Mobile Trading App Fyers 2.0 Mobile App
Mobile Trading App Demo RocketPlus Mobile Trading App Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod RocketPlus Mobile Trading App Download Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS RocketPlus Mobile Trading App Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for TradePlusOnline Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for TradePlusOnline Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for tradeplus Detail on Trading Platforms for fyers

Expand

Broker Ratings by Users

Compare TradePlusOnline vs Fyers on User Rating

  TradePlusOnline Fyers
  27 Customer Reviews    Rate TradePlusOnline 10 Customer Reviews    Rate Fyers
Fees Ratings 4.3 3.5
Trading Brokerage Rating 4.8 3.6
Trading Platform Usability 3.9 3.6
Customer Service Ratings 3.9 3.4
Overall Ratings 4.1 3.2
Broker Rating TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
Expand

Investment Offerings

Compare TradePlusOnline vs Fyers on Investment Offerings

Compare TradePlusOnline with Fyers on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare TradePlusOnline with Fyers
Investment Offerings Compare TradePlusOnline Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare TradePlusOnline vs Fyers on Order Types

Order Type - Compare TradePlusOnline with Fyers on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare TradePlusOnline with Fyers
Order Type Compare TradePlusOnline Fyers
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Customer Service Offered

Compare TradePlusOnline vs Fyers on Customer Service

Compare TradePlusOnline with Fyers on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare TradePlusOnline with Fyers
Customer Service Compare TradePlusOnline Fyers
24/7 Customer Service TradePlusOnline vs Fyers - 24x7 customer support No No
Email Support TradePlusOnline vs Fyers - Email Support Yes Yes
Onine Live Chat TradePlusOnline vs Fyers - Onine Live Chat Yes No
Phone Support TradePlusOnline vs Fyers - Phone Support Yes Yes
Toll Free Number TradePlusOnline vs Fyers - Toll Free Number No No
Through Branches TradePlusOnline vs Fyers - Through Branches No No
Customer Care Number TradePlusOnline vs Fyers - Customer Care Number 044-49427500 / 080 37017382 08060001111
Account Opening Process TradePlusOnline vs Fyers - Account Opening Process Online/Paperless 100% online and paperless proc
Customer Support Email TradePlusOnline vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradePlusOnline vs Fyers - Knowledge Center/Education http://support.tradeplusonline.com/support/solutions https://fyers.in/school-of-stocks/
Head Office Address TradePlusOnline vs Fyers - Head Office Address/Corporate Address Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website TradePlusOnline vs Fyers - Company Website https://tradeplusonline.com https://fyers.in/
Expand

Tips/Research/Reports Published

Compare TradePlusOnline vs Fyers on Research Reports, Tips

Compare TradePlusOnline with Fyers on research reports and tips provided by the broker.

Research Reports - Compare TradePlusOnline with Fyers
  TradePlusOnline Fyers
Research Mutual Funds TradePlusOnline vs Fyers - Research Mutual Funds No No
Research Equity Reports TradePlusOnline vs Fyers - Research Equity Reports No No
Research ETF TradePlusOnline vs Fyers - Research ETF No No
Daily Market Report TradePlusOnline vs Fyers - Daily Market Report No No
Free Tips TradePlusOnline vs Fyers - Free Tips No No
Quarterly Result Analysis TradePlusOnline vs Fyers - Quarterly Results No No
News Alerts TradePlusOnline vs Fyers - Yes Yes
Expand

Demat Account

Compare TradePlusOnline vs Fyers on Demat Account

Compare TradePlusOnline with Fyers on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Fyers is Free where for TradePlusOnline is A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients.. Fyers is a better choice in terms of Demat AMC compare to TradePlusOnline.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for TradePlusOnline is Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction. where for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare TradePlusOnline with Fyers
  TradePlusOnline Fyers
DP Source CDSL CDSL
DP ID TradePlusOnline vs Fyers - DP ID 86500 432-2019
Demat Account Annual Maintenance Charges(AMC) A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients. Free
Advance Deposit NIL Nil
Statutory charges NIL Nil
Transaction Charges on Debit (Per ISIN) Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction. ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) Demat Rejection ? Rs.35/- per rejection(upto 5 certificate) More than 5 certificates Rs.3/- + Rs.35/- (Minimum charges) D) Conversion Request - A) Rs.50/- per CRF B) For NRI Clients Rs. 200/- Per CRF ₹0
Remat Rs. 15/- for every hundred shares or part there of subject to Maximum fee of Rs.5,00,000/- or a flat fee of Rs.15/- per certificate whichever is higher plus handling charges Rs.50/-. No remat charges for Govt. Securities. ₹0
Pledge Creation 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction Nil
Pledge Creation Confirmation NIL Nil
Pledge Closure 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction Nil
Pledge Closure Confirmation NIL Nil
Pledge Invocation 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction Nil
Failed Instruction Charges Rs.15.00 Per Transaction. Nil
Other Charges 1) Securities Borrowing Rs. 50/- Per Transaction 2) Rs..100/ for every Change of Address/Bank details.and Rs.50/- for every email and mobile change request.3) Market Buying,(Receipts) Off Market Credit & Inter Depository Receipts = NIL Charges. Stamp Charges ₹50,
Expand

Special Offers,Advantages,Disadvantages

Compare TradePlusOnline vs Fyers on Special Offers and Promotion

Compare TradePlusOnline with Fyers on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare TradePlusOnline vs Fyers on Special Offers and Promotion
  TradePlusOnline Fyers
Pay In and Pay Out Options TradePlusOnline vs Fyers - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time TradePlusOnline vs Fyers - Payout Time Upto 24 Hrs except Bank Holidays. Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges TradePlusOnline vs Fyers - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • 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.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

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

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Fyers Account Now>>

Last Updated on 2023-09-08T04:18:52+00:00