Karvy Online Vs Tradeplusonline : Side By Side Comparison

In this page, I am providing side by side comparison of Karvy Online Vs Tradeplusonline.

Karvy Online is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.

Whereas TradePlusOnline comes in Discount Broker category. Hence they offer limited services but charges flat brokerage charges.

There are lot of differences between these two brokers.

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of Karvy Online Vs TradeplueOnline:

Parameters	Karvy Online	TradePlusOnline
Review	Karvy Online Review	TradePlusOnline Review
Type of Broker	Full Service Broker	Discount Broker
Incorporation Year	1985	1995
Supported Exchanges	NSE, BSE, MCX-SX , MCX and NCD-EX	NSE, BSE and MCX
Account Related Charges
Trading Account Opening Fees	Rs 0	Rs 199
Trading Account AMC	Rs 0	Rs 499 (For 5 Years)
Demat Account Opening Fees	Rs 420	Rs 0
Demat Account AMC	Rs 500 (Free for First year)	Rs 0
Brokerage Charges
Equity Delivery Brokerage	0.3%	0.1%
Equity Intraday Brokerage	0.03%	0.01%
Equity Futures Brokerage	0.03%	Rs 799/month for unlimited trading
Equity Options Brokerage	Rs 30/lot	Rs 99/month for unlimited trading
Currency Futures Trading Brokerage	0.03%	Rs 99/month for unlimited trading
Currency Options Trading Brokerage	Rs 30/lot	Rs 99/month for unlimited trading
Commodity Trading Brokerage	0.03%	Rs 99/month for unlimited trading
Minimum Brokerage Charges	10p per scrip for delivery and 5p per scrip for intraday	NIL
Monthly Unlimited Plans
Brokerage Calculator	Karvy Online Calculator	Tradeplus online Brokerage Calculator
Transaction Charges
Equity Delivery	0.00325%	0.00330%
Equity Intraday	0.00325%	0.00330%
Equity Futures	0.00230%	0.00350%
Equity Options	0.055% (On Premium)	0.075% (On Premium)
Currency Futures	0.00230%	0.00165%
Currency Options	0.040% (On Premium)	0.060% (On Premium)
Commodity	0.003%	0.004%
Exposure
Equity	Upto 15 times Intraday and 5 times for Delivery	Upto 4 times for Delivery
Equity Futures	3 times for Intraday	upto 5 times
Equity Options	No leverage	upto 2 times
Currency Futures	Upto 3 times intraday	upto 2 times
Currency Options	No leverage	No Leverage
Commodities	Upto 2 times intraday	Upto 2 times
Features
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform	NEST, Karvy Web & Karvy Mobile	NEST on Web, Infini Trader, Tradeplus Mobile
Investment Services
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Customer Service Channels
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers
Research Reports/Tips/Recommendations
Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory
Promotional Offers
	NIL	Zero Account Opening Charges

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Karvy Online with other Brokers:

Point By Point Comparison of TradePlus with other Brokers:

Visit comparison of stock brokers in India page to compare two brokers side by side.