Zero Brokerage Trading Account

Zero Brokerage Trading

Unlimited Trading in Equity Futures & Options,Commodity,and Currency

Tradeplus was started in 1983 into the Financial Service Industry. After a few initial years of Investment Services, they became  Equity Brokers.Tradeplus has won many awards for its performance out of which recently it won the NSDL Star Performer of the Year 2013 & 2015. They have their own DP having membership with NSDL.The 1st thing to keep in mind while investing in the share market is the experience of the broker and the amount of brokerage. The brokerage charges of any company have a huge influence on the investor's decision as to which company to choose.  

Tradeplus can be considered one of the best Discount Brokers in India because it has the most attractive Brokerage Charges Schemes.It provides the Lowest Refundable Brokerage Plans in the industry.You can do unlimited trading in Options, Currency Derivatives and Commodities at just Rs.99/month , unlimited trading in Futures at just Rs.799/month which is undoubtedly the least expensive plan when compared to other companies.There is absolutely no ceiling on Turnover. It is unlimited Trading at Zero Brokerage. The monthly Fee is refundable if there is no trades in a given month.They have tied up with SEBI registered Advisory firms to provide you quality daily Market reviews/outlook.Regular Investors usually benefit by Trading through Tradeplus as they can trade way too many times by paying just Rs.99 per month.Let me explain about the working of brokerage calculator of tradeplus with an example

Brokerage Calculator

The image below shows the working of a Brokerage Calculator of Tradeplus for Commodities. When 1 lot f Aluminium, that is 5000 shares of aluminium are brought at a price of Rs.100 per lot and when the same is sold a price of Rs.110, the turnover would come up to Rs.10,50,000. The catch here is that the brokerage charges would be NIL unlike other companies.The turnover charges on commodities are Rs.400 per crore which comes up to Rs.42(10,50000 x 0.004%=42) and the Service Tax being 15% would come up to Rs.6.30(42x15%). The Commodity Transaction Charges of the company is 0.01% on the Sell side that is Rs.52.50 (5,25,000x0.01%) and the SEBI Turnover Charges are charged at Rs.20 per crore that is Rs.2.10. The total taxes come up to Rs.102.90 and hence the profit earned is Rs.49,897.10