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TradePlus Online FAQs – Margin & Brokerage General Questions

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Trade plus Online 

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Trade Plus Online is one of the best discount broking firms in India. This gives us the facility to open a Demat and trading account, as well as gives us the best flat brokerage plan and high margin trading facility. It has more than one product and services which allows us to trade-in equity, commodity, currency and 2 major exchanges of India like NSE, BSE.

Trade plus Online General FAQs

What is the kind of account offered by TradePlus?

Ans. With TradePlus you get access to five types of accounts that you can opt when you choose this broker:

  • Equity Trading Account,
  • Currency Trading Account,
  • Commodity Trading Account,
  • Demat Account and
  • NRI Trading & Demat Account.

Is it possible to create two Trading Accounts with one name under Tradeplus?

Ans. This option is not feasible as it’s against the regulations and law. So you cannot have multiple trading accounts under the same broker with the same name.

TradePlus Online review

Is it possible to create more than one DEMAT account using the same PAN number and name?

Ans. You can create as many DEMAT accounts with a broker. As this broker has not kept any restriction to the number of accounts opened in the same name.

Can I apply for an IPO through TradePlus Online?

Ans. Login to tradeplus mobile application and enter your eight digit unique code and click sign in.Then select the IPO/bond. Select apply to apply the IPO/bond you wish to apply. Complete the order form and then click on “checkbox” to agree to Terms and conditions. If you wish to check the order click “order book” then click on “order status”. 

Can I buy or trade Bonds and NCD with TradePlus Online?

Ans. Yes, you can trade in Bonds and NCD with TradePlus. 

Can I trade in BSE in TradePlus Online?

Ans. Yes, investor can trade in BSE.

Can I transfer my existing demat account holdings to TradePlus Online?

Ans. Yes, you can transfer.

Can TradePlus online be trusted?

Ans. Yes, you can trust tradeplus with investment.

Does TradePlus Online charge for Cancelled orders?

Ans. Yes, you can cancel the order there is no charge for cancelled order.

Does TradePlus Online give tips?

Ans. No, tradeplus does not provide any tips w.r.t to stock or trading.

Does TradePlus Online have branches?

Ans. It doesn’t have a branch office nor it has any franchise.

Does TradePlus Online offer 24×7 customer service?

Ans. Yes, you get 24×7 access to the customer service with TradePlus.

Does TradePlus Online offer Buy Today Sell Tomorrow (BTST) order?

Ans. Yes, this feature is offered by this broker.

Does TradePlus Online offer commodity trading?

Ans. Yes, you can trade in commodity online.

Does TradePlus Online offer cover order?

Ans. TradePlus offer you with cover order offer you with higher leverage on while providing you with less margin.

Does TradePlus Online offer currency derivative trading?

Ans. Yes, TradePlus offers you with Currency derivative trading that help you trade in derivatives as well.

Does TradePlus Online offer customer service through local branch offices?

Ans. No, it has head office that offers you with customer service at physical office and on call. 

Does TradePlus Online offer equity (share) trading?

Ans. Yes, it does.

Does TradePlus Online offer margin funding for share/commodity trading?

Ans. Yes, you get margin funding when you trade with TradePlus. You can contact TradePlus for query as this feature might be optional to some investors.

Does TradePlus Online offer order type sell today buy tomorrow (STBT)?

Ans. Yes, this feature is offered by the Broker.

Does TradePlus Online offer to invest in Mutual Funds?

Ans. Yes, you can buy/sell the mutual funds if you have a trading account with this TradePlus. 

Does TradePlus Online provide customer support through Online Chat?

Ans. Yes, it provides you with customer support through online chat feature.

Does TradePlus Online provide daily market report?

Ans. No.

Does TradePlus Online provide free tips?

Ans. No it doesn’t provide online free tips to the investors in commodity and stock trading.

Does TradePlus Online provide margin for intraday?

Ans. Yes,5 to 3 percent margin is applicable for your trading.

Does TradePlus Online provide news and live market alerts?

Ans. Yes.

Does TradePlus Online provide quarterly reports of equity and mutual funds?

Ans. No.

Does TradePlus Online provide trading tips or investment strategies?

Ans. No, they don’t provide such kind of service.

Does TradePlus Online publish daily market research reports?

Ans. No, it doesn’t provide any such report.

Does TradePlus Online trades on BSE as well?

Ans. Yes, it provides trading in BSE too.

How do I online transfer shares to another demat account?

Ans. With the use of DIS you can move your shares from one account to another.

How does TradePlus Online earn money?

Ans. By offering good services this broker is earning money by providing quality in budget.

How is TradePlus Online broker?

Ans. It’s a good broker offering good services that help investors feel safe about their investments.

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How long does it take to open an account with TradePlus Online?

Ans. It doesn’t take much time to open the account.

How long TradePlus Online is in broker business?

Ans. This broker in into this business from 2014. 

How many days does it take to open a demat account?

Ans. It doesn’t take much time so your account gets started in 24 to 72 hours.

How many days does it take to open an account with TradePlus Online?

Ans. It takes a maximum of three days to get started.

How much does TradePlus Online charge for equity intraday trading (day trading of shares)?

Ans. It charges 0.01%.

How much does TradePlus Online charge for intraday?

Ans. It charges 0.02% for intraday trading.

How much is the minimum brokerage charged by TradePlus Online?

Ans. For equity delivery it charges nil, equity intraday its 0.01%, for equity future it’s 799 per month and for equity option its 99 per month.

How much is the transaction charge for commodity trading at TradePlus Online?

Ans. This broker charges 400 (0.004%).

How much is TradePlus Online Demat Account Maintenance Charges (AMC)?

Ans. For Resident the Demat Account AMC charge is Rs 90/- per year while for. NRI Demat Account AMC is just Rs 250/- per year .

How much leverage does TradePlus Online provide for Intraday Equity Trading?

Ans. You earn a leverage of 10X for stock trading in future. All positions get squared off to 30 minutes. 

How much TradePlus Online charge for Demat Account opening?

Ans. For a resident DEMAT account AMC is payable at Rs.90 every year while an NRI demat account needs to pay 250 per year as AMC. 

How much TradePlus Online charge for trading account opening?

Ans. For trading account you need to pay Rs.199 for opening a trading account and Rs.500 for five years as DEMAT AMC charge.

How much TradePlus Online charges for equity options trading?

Ans. For trading in options you need to pay Rs.99 per month  for unlimited trading.

How to close Tradeplus account?

Ans. For closing the DEMAT account you need to clear all your pending dues with the broker, ensure transfer or sell of shareholding is done. Also take care to return all unused slips to the broker and call the TradePlus for getting account closed. State about your intention in email and take access from the broker and initiate closure of account. Fill the downloaded form of account closure and sign the same and send a physical copy to the head office of tradeplus. 

How to open an account with TradePlus Online?

Ans. You can open a resident DEMAT account by paying just Rs. 90.

Read also: How to Open Demat Account in Different Broker in India

How to transfer fund in TradePlus Online trading account?

Ans. You can easily transfer funds to the trading account by using a bill desk platform.

In which stock or commodity exchanges in India I can trade through TradePlus Online?

Ans. You can use the NOW platform that is powered allowing trade in NSE and BSE and is a reliable platform for investors as well as traders. 

Is BTST available in TradePlus Online?

Ans. Yes, this option is available with TradePlus as you get to sell the shares purchased even before getting a delivery date.

Is Demat account mandatory with a trading account at TradePlus Online?

Ans. You get DEMAT account by paying AMC cost of 90/year. And you also get NRI account in just 250/year. You get the opportunity to invest in IPO, MF, ETF and bonds.

Is IPO Investment can be possible with TradePlus Online?

Ans. We offer you with TradePlus Online IPO service as well.

Is it safe to open an account in TradePlus Online?

Ans. Yes, its safe to trade with TradePlus.

Is it safe to sign TradePlus Online POA?

Ans. Yes, its safe to sign the POA as it confers the right to invest in share market with authority and authenticity. 

Is there 24×7 customer support available with TradePlus Online?

Ans. Yes, you get 24*7 chat support available with this broker.  

Is there a chat support available with TradePlus Online?

Ans. Yes, their is a chat support system with TradePlus.

Is there a customer service email available with TradePlus Online?

Ans. Yes you can also reach us via email-  [email protected]

Is there customer support phone available with TradePlus Online?

Ans. Yes, you can call 044-28214171.

Is there customer support toll-free number available with TradePlus Online?

Ans. Yes, you can call 044-28214171 and email them at – [email protected]

Is TradePlus Online a good broker?

Ans. Yes, its a good broker.

Is TradePlus Online better than Icici direct?

Ans. In this case ICICI direct is better when compared to the TradePlus online. 

Is TradePlus Online genuine?

Ans. Yes, this broker is genuine and can be relied with investments.

Is TradePlus Online good for beginners?

Ans. Yes, it’s good for beginners as well.

Is TradePlus Online good for intraday trading?

Ans. Yes, it’s a great broker offering extraordinary intraday trading services.

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Is TradePlus Online good for investors?

Ans. Yes its good for investors.

Is TradePlus Online good for trading?

Ans. Yes, it’s good for trading.

Is TradePlus Online good?

Ans. Yes, tradeplus is good broker.

Is TradePlus Online legal in India?

Ans. Yes, it is legal in india and can be used by many investors looking forward to invest in the stock market.

Is TradePlus Online listed company?

Ans. This broker is a listed broker and offer you many investment services.

Is TradePlus Online really free?

Ans. Yes, it’s a FREE trading account offering services.

Is TradePlus Online safe for long term investment?

Ans. Yes, its safe for long term investment and can offer you with returns.

Is TradePlus Online safe?

Ans. Yes, it’s a safe broker you can trust them.

Is TradePlus Online SEBI registered?

Ans. Yes its registered with SEBI.

TradePlus Online currency derivatives (options) brokerage charges?

Ans. You need to pay 99 per month for unlimited trading in currency derivatives.

TradePlus Online transaction charges for equity options trading?

Ans. At tradeplus you need to pay 7500 per crore (0.075%)(on premium) as transaction charge for trading in equity.

TradePlus Online transaction charges for options (currency derivatives trading)?

Ans. At tradePlus you need to pay 6000  as transaction charge on premium per crore which is 0.06%.

TradePlus Online uses which trading platform or trading software?

Ans. NOW is the trading platform used by the broker that is offered for trading in NSE and BSE. Investors and traders can use this application without any hassle.

What are the equity futures exchange transaction charges at TradePlus Online?

Ans. You need to pay 350 per crore as exchange transaction charge.

What are the TradePlus Online brokerage charges for equity delivery trading?

Ans. There is no charge for equity delivery trading.

What are the TradePlus Online equity futures brokerage charges?

Ans. With tradeplus the equity future brokerage is payable at 799 per month  for unlimited trading.

What are TradePlus Online annual maintenance charges (AMC) for a trading account?

Ans. There is no AMC costing  for a trading account.

What are TradePlus Online commodity future brokerage charges?

Ans. At tradeplus you need to pay 99 per month for unlimited trading.

What are TradePlus Online commodity options brokerage charges?

Ans. TradePlus charges commodity options brokerage of 99 per month for unlimited trading.

What are TradePlus Online currency derivatives (future) brokerage charges?

Ans. Tradeplus charges 99 per month for doing unlimited trading.

What are TradePlus Online transaction charges for equity delivery trading?

Ans. TradePlus charges ₹330 per crore 0.0033% for both buying and selling.

What are transaction charges for equity intraday trading (stock day trading)?

Ans. Tradeplus charges 0.01%.

What happens if I don’t sell intraday shares TradePlus Online?

Ans. If you don’t buy or sell stock or shares on the same day then the option will convert into a delivery.

What is Sebi registration?

Ans. SEBI registration is the grant of registration to an investment advisory by SEBI under the SEBI regulations 2013 in form A.

What is TradePlus Online intraday square-off time?

Ans. For all stock trading in future will get square off time of 30 minutes before market closes.
      This intraday is available for F&O trading stock  and you get a leverage of 10x for all stock trading in future. 

What will happen if Intraday shares are not sold?

Ans. Beware when you sell short intraday deliverables because shares sold without square off will be into short term delivery and be into exchange auction.

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Which bank is best for demat account?

Ans. ICICI Bank is best for getting a DEMAT ACCOUNT. 

Which is better sharekhan or TradePlus Online?

Ans. Yes, ShareKhan is better than TradePlus.

Which is better TradePlus Online or FundsIndia?

Ans. TradePlus is better than FundsIndia.

Which is better TradePlus Online vs Angel Broking?

Ans. TradePlus leads when its compared to Angel Broking.

Which is better TradePlus Online vs sharekhan?

Ans. If we compare these two brokers then ShareKhan leads the throne of brokers.

Which is the cheapest brokerage in India?

Ans. The cheapest broker in india include- Zerodha, RKSV Security, SAS online, Tradegini, etc.

Which is the cheapest demat account in India?

Ans. Zerodha offers the cheapest DEMAT in india.

Which type of stockbroker TradePlus Online is?

Ans. TradePlus is a Discount broker.

Who are TradePlus Online’s competitors in India Stock Market?

Ans. TradePlus competitors include- Zerodha and sharekhan.

Who is the cheapest broker?

Ans. Cheapest Broker is Zerodha.

Who is the owner of TradePlus Online?

Ans. The owner of TradePlus is Jawahar Vadivelu.

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