Is Tradeplus a Scam

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Tradeplus Stock Trading, Demat, Brokerage and Reviews 2020

19.56% 10,757 Clients

Tradeplus Account Opening Enquiry

Brokerage Free equity delivery trading (truly no commission) and Flat в‚№9 intranet and F&O trade brokerage. Get the offer

Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of в‚№90 per year. Tradeplus also offer Online Mutual Fund, IPO, Bonds and G-sec.

Tradeplus is online brand of Navia Markets Ltd. Navia Markets is offering financial services since 1983 and member of NSE since 1995. Company re-launched its services under an integrated online brand called Trade Plus in 2020.

Tradeplus offer a robust trading platform to its customer. The trading platform includes installable trading terminal (Exe), trading website and powerful mobile trading app. Tradeplus also offer NSE NOW platform to its customer in addition to its own trading platform Infini Power and Infini web and Tardeplus Mobile.

Tradeplus Ratings

Overall Rating 3.2/5
Fees 3.5/5
Brokerage 4.2/5
Usability 3.0/5
Customer Service 2.8/5
Research Capabilities 3.0/5

Based on 27 Votes by Tradeplus Customers

Do you trade with Tradeplus? Rate Tradeplus

Information about Tradeplus account opening, Tradeplus open account, Tradeplus opening charges, Tradeplus account opening charges, Tradeplus account opening status, Tradeplus amc charges, Tradeplus account charges, Tradeplus account closure

Tradeplus’s Trading Platforms

Tradeplus offers 3 popular trading platforms along with verity tools to help investors and traders.

    INFINI Trading Solutions

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INFINI Trading Solution is Tradeplus’s signature trading platform for trading, analytics and live market updates. This trading platform offers trading in Equity, Derivatives and Commodity segments at BSE, NSE and MCX. INFINI trading platform’s front end is developed in-house by Tradeplus in association with Darts India Ltd. It uses Order Management System (OMS) and Risk Management System (RMS) of build by Omnesys (Thomson Reuters).

INFINI Trading Platform comes with Trading Terminal (installable exe), Website and Mobile App for trading.

    INFINI Power

INIFINI Power is exe based installable trading terminal offering integrated trading and analysis across the segments and exchanges. The trading application is loaded with tools like technical analysis, fundamental analysis, live quotes, alerts and announcements.

Note that this software is available to customer at an additional cost.

INFINI Web

INFINI Web is a browser based trading website built with latest technology to offer all the features of trading terminal in a web browser. INFINI Web trading website offer trading & analysis across all the segments & exchanges (BSE, NSE & MCX).

Tradeplus Mobile

Tradeplus Mobile is a mobile trading app offering simple and feature rich trading experience on mobile phones. The mobile app offers integrated trading at BSE, NSE and MCX. The app also provides detail analysis, live data and all type of orders (including GTD and cover order).

NSE NOW Trading Platform

Tradeplus also offer NSE NOW completely for free to it’s customers in addition to its own trading platform powered by Omnesys. NOW is among the most reliable and fast trading platform built and maintain by NSE. It offers trading in Equity, Equity Derivatives and Currency Derivatives segments at BSE and NSE.

INFINI-TRADER (By Omnesys)

Powered by Omnesys Technologies, INFINI-TRADER is the trading platform for Commodity segment. This platform is offered free of cost.

INFINI MF

INFINI MF is a Mutual Fund analysis and investment platform. This platform offers Online Mutual Fund investment in ‘Direct’ scheme (with No Distributors Fee) at flat в‚№50 per month. No charge for investments upto в‚№25,000. Note that in Direct MF Investment scheme, customer earns over 1% more in comparison to traditional Mutual Fund investment where MF Provide pays commission to the broker or agent. Tradeplus also provides regular mode of investments for which there is no monthly Fee.

Get more info about Tradeplus INFINI MF detail.

In addition to trading platform, Tradeplus also offers Analytics and Alert tools.

AHA! Is an analytics tool designed for intraday traders. This tool analyzes the order placed by the customer and provide the analysis, patterns and risk profile to the trader. This helps trader in decision making.

AMS!

AMS or Alerts Management System is a tool provide by Tradeplus to set alerts on stock prices and get the SMS and Email alerts for в‚№2 per alert.

Read Tradeplus Trading Software Review for info about Tradeplus platform, Tradeplus trading platform, Tradeplus trading software, Tradeplus trading demo, Tradeplus Demo, Tradeplus download, Tradeplus software download, Tradeplus software, Tradeplus stop loss, Tradeplus trading and Tradeplus trading account.

Tradeplus Special Offers

Free Equity Delivery Trade + Flat в‚№9 intranet and F&O trade

Get free equity delivery trading (zero brokerage) and pay flat в‚№9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.

Tradeplus Brokerage Charges 2020

  • Trading Account Opening Charges (One Time): в‚№199
  • Demat account Opening Charges (One Time): в‚№0
  • Demat Account AMC (Annual Maintenance Charges): в‚№90 per year (payable upfront)

Trading Brokerages

Tradeplus offer 2 brokerage plans or schemes.

  1. Infinite Trading Pack *
    • Equity Delivery : Free
    • Equity Intraday : 0.01%
    • Equity Future : в‚№799 per month
    • Equity Options : в‚№99 per month
    • Currency Futures : в‚№99 per month
    • Currency Options : в‚№99 per month
    • Commodity Futures : в‚№99 per month
    • Commodity Options : в‚№99 per month
  2. General Brokerage Pack (Brokerage for customer who don’t subscribe to Infinite Trading Plans)
    • Equity Delivery : Free
    • Equity Intraday : 0.01%
    • Equity Future : 0.01%
    • Equity Options : в‚№60 per lot
    • Currency Futures : в‚№20 per lot
    • Currency Options : в‚№60 per lot
    • Commodity Futures : 0.01%
    • Commodity Options : 0.01%

* Additional mandatory software uses charges, SMS Charges, Call & Trade Charges, Instant Trade Confirmation charges ect. are applied in addition to the brokerage and taxes.

Tradeplus Brokerage Charges

Tradeplus Charges Equity Delivery Equity Intraday
Brokerage Free 0.01%
STT 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction / Turnover Charges в‚№330 per crore (0.0033%) (each side) в‚№330 per crore (0.0033%) (sale side)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges в‚№10/Crore в‚№10/Crore
Stamp Charges* State wise State wise

Tradeplus F&O Brokerage Futures Options
Brokerage в‚№799 per month or 0.01% on turnover each side в‚№99 per month or в‚№60 per lot each side
STT 0.01% on Sell Side 0.05% on Sell Side(on Premium)
Transaction / Turnover Charges в‚№350 per crore (0.0035%) в‚№7500 per crore (0.075%)(on premium)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges в‚№10/Crore в‚№10/Crore
Stamp Charges* State wise State wise

Tradeplus Charges Currency Futures Currency Options
Brokerage в‚№99 per month or в‚№20 per lot each side в‚№99 per month or в‚№20 per lot each side
STT No STT No STT
Transaction / Turnover Charges в‚№165 per crore (0.00165%) в‚№6000 (on premium) per crore (0.06%)
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges в‚№10/Crore в‚№10/Crore
Stamp Charges* State wise State wise

Tradeplus Charges Commodity Futures Commodity Options
Brokerage в‚№99 per month or 0.01% on turnover each side в‚№99 per month or в‚№60 per lot each side
STT 0.01% on Sell Side (Non-Agri) 0.05% on Sell Side (Non-Agri)
Transaction / Turnover Charges в‚№400 (0.004%) Nil
Goods and Services Tax (GST) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)
SEBI Charges в‚№10/Crore в‚№10/Crore
Stamp Charges* State wise State wise

Tradeplus Fee Structure:

  • STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty for all states in India and NRIs: * : Charged based on the state where customer lives. Visit Tradeplus website to check the stamp duty in your state.
  • Goods and Services Tax (GST) : This is charged at 18% of the total cost of brokerage plus transaction charges.
  • SEBI Charges : This is charged at в‚№10 per Crore.

Other Charges by Tradeplus:

  1. Software charges for INFINI-POWER – Equity: в‚№499 per month or в‚№1999 for 6 months or в‚№2999 for 12 months
  2. Software charges for INFINI-POWER – MCX: в‚№249 per month
  3. Call & Trade: в‚№1000 per month
  4. Trade SMS confirmation: в‚№99 per segment
  5. Physical contract note is charged at в‚№50 per contact note. Electronic contact note though email is free.
  6. Cheque Bounce Charges 1% of cheque value (minimum в‚№250 and maximum в‚№1000).
  7. Modification charges в‚№113 for every address detail modification including bank update etc.
  8. DP charges for delivery based equity selling – 0.02% of Transaction Value, subject to Minimum of в‚№15 per Transaction & Maximum of в‚№200.
  9. Standard NSE charges, transaction charges and statutory levies are charged.

Tradeplus Demat Account Charges:

Tradeplus also provide Demat account DP services. Tradeplus’s charges for demat account transitions are as below:

ID Transaction Charges
1 Demat Account Opening Charges в‚№0
2 Stamp Charges payable upfront (at actuals) NA
3 Annual Maintenance Charges (AMC):
a. Individuals в‚№90 Per Year (Payable upfront every year)
b. Corporates в‚№1000 (Payable upfront every year)
4 Transaction Charges per ISIN (Market Trades):
a. Buy (Receive) в‚№0
b. Sell(Debit) 0.02% of Transaction Value, subject to Minimum of в‚№15 per Transaction & Maximum of в‚№200
5 Inter Depository Transfer (Off-Market Trades):
a. Buy (Receive) NIL
b. Sell(Debit) 0.04% of Transaction Value, subject to Minimum of в‚№30 Per Transaction
6 Demat (Per certificate) в‚№50 per DRF (up to 5 Certificates)
7 Remat (Per ISIN) в‚№15 per certificate
8 Courier charges per Demat/ Remat request в‚№50
9 Pledge Creation 0.02% of the value of the securities pledged, subject to minimum of в‚№50 per Transaction.
10 Pledge Closure 0.02% of the value of the securities pledged, subject to minimum of в‚№50 per Transaction.
11 Pledge Invocation 0.02% of the value of the securities pledged, subject to minimum of в‚№50 per Transaction.
12 Periodic Statement:
a. By Email Free
b. Physical
13 Adhoc / Non Periodic Statement Requests:
a. By Email в‚№10 per request
b. Physical в‚№50 per request (up to 10 pages). Additional page at в‚№5 + в‚№50 (Couier Charges)
14 Delivery Instructions:
a. First Delivery Instruction Book
b. Every Additional Booklet
15 Cheque Bounce/ Per cheque
16 Failed Transactions в‚№15 per transaction
17 Modification in CML в‚№100 per request
18 KRA Upload / Download

Check out Tradeplus Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about Tradeplus pricing, Tradeplus brokerage calculater, Tradeplus brokerage, Tradeplus plans, Tradeplus brokerage review, Tradeplus brokerage plans, Tradeplus fund transfer, Tradeplus intraday brokerage, Tradeplus charges, Tradeplus charge list, Tradeplus charges calculator, Tradeplus prepaid brokerage plans, Tradeplus yearly charges, Tradeplus fees, Tradeplus yearly maintenance charge, Tradeplus option brokerage and Tradeplus trading charges.

Contact Tradeplus / Request Call Back

Brokerage Free equity delivery trading (truly no commission) and Flat в‚№9 intranet and F&O trade brokerage. Get the offer

Tradeplus Pros and Cons

Tradeplus Advantages

  1. Tradeplus is an online stock broker offering unlimited trading plans at flat monthly price as well as conventional brokerage plans where brokerage is charged in %.
  2. Tradeplus offer free equity delivery trading. Customer doesn’t pay any brokerage fee while buying / selling stocks in equity delivery (cash & carry) segment.
  3. Tradeplus INFINI trading platform is well designed and rich in features. This platform offers trading in all segments including commodity.
  4. NSE NOW trading platform is available along with its own INFINI trading platform. NSE NOW is available free of charge to all its customers.
  5. Tradeplus offers lower AMC on demat account. Customer pays only в‚№90 AMC per year.
  6. Unlimited Call & trade is available for flat в‚№75 per day or в‚№1000 per month.

Tradeplus Disadvantages

  1. In INFINI Trading Plan, the brokerage fee is just 99 per month for most segments but there are many hidden charges which make Tradeplus costlier broker in comparison to other discount brokers who charge fixed monthly brokerage.
  2. Charge extra monthly fee for trading software.
  3. Charges fixed monthly в‚№1000 for call & trade. Customer could also pay flat в‚№75 per day if he does not want to take monthly pack.
  4. Trade confirmation though SMS is charged at в‚№99 per month per segment.
  5. Tradeplus doesn’t offer per trade flat rate pricing like almost other discount brokers i.e. Zerodha’s в‚№20 per trade. This way, for casual investors, Tradeplus works like a traditional broker who charge brokerage in % of transactions.
  6. Tradeplus charge в‚№90 AMC on demat account while few other discount brokers offers в‚№0 AMC.

Tradeplus Exposure Margin

Tradeplus leverage for intraday, delivery, options, currency and commodities. Read Tradeplus exposure limit review .

Segment Exposure Margin
Equity Delivery Upto 4X
Equity Intraday Upto 33X
Equity Future Intraday leverage 2X | Cover Order Margin 3%
Equity Options Intraday Leverage of 2X
Currency Future Intraday Leverage of 2X
Currency Options 1X
Commodity Future Intraday Leverage of 2X
Commodity Options

Tradeplus Complaints received at BSE/NSE

Number of customer complained against Tradeplus (Navia Markets Ltd) share broker. The Tradeplus (Navia Markets Ltd) consumer complaints provide the summary of grievance which went to exchange for resolution.

Tradeplus Customer Complaints

Exchange Financial Year Number of Clients * Total Complaints **
NSE 2020-20 10,757 13
BSE 2020-19 318 1
NSE 2020-19 8,997 22
BSE 2020-18 786 1
NSE 2020-18 7,421 13
NSE 2020-17 5,752 6
NSE 2020-16 4,141 3
NSE 2020-15 3,854 21
NSE 2020-14 3,706 14
NSE 2020-13 19,476 1

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

** The total number of complaint received against the broker at the given exchange.

NRI Trading with Tradeplus

Tradeplus is one of the few stock brokers in India to launch online trading facility for NRI’s in the year 2000. Tradeplus today caters to many NRIs, PIOs and OCIs residing in countries such as UAE, Singapore, United Kingdom, Canada, USA, Australia, New Zealand, Malaysia, South Africa, Nigeria and Saudi Arabia.

Tradeplus has now re-launched its NRI services which provides simplified NRI & Demat account opening process. They provide personalized service in account opening by using latest means of communication i.e. whatsapp, online chat etc. Tradeplus also allows NRI’s to invest in Mutual funds in a simple and cost effective manner.

F&O Brokerage for NRI’s

The brokerage charges for NRI Futures is в‚№1,500 plus GST and for Options is в‚№99 Plus GST

Key benefits of opening NRI Trading Account with Tradeplus

  • Expertise of over 15 years in NRI Financial Services
  • Offers Equities, Derivatives, Mutual Funds, IPOs, Bonds & Corporate Deposits.
  • Open your account just in 10 days.
  • Get assistance with filing income tax returns in India.
  • Dedicated support provided by specialized team of relationship managers to help you build a strong portfolio

Documents required for NRI Trading & Demat Account

  • Copy of PAN card
  • Overseas address proof – Copy of Driving License/Foreign Passport/Utility Bills/Bank Statement (not more than 2 months old ) /Notarized copy of rent agreement/Lease agreement/ Sale Deed
  • Indian address proof, if any
  • Passport size photograph
  • In case of an Indian Passport: Copy of valid passport with place of birth as India, Copy of Valid Visa
  • In case of Foreign Passport: Copy of Valid passport/ Residence Permit, Copy of PIO/OCI card.

7 Binary Options

UPDATE (08.08.2020):

TradePlus has shut down their operations.

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Old Review:

Binary options are now the best and most exciting way to trade financial assets online. But to achieve any success in this industry, investors need a reliable partner; a brokerage partner that will provide a safe trading environment and enable them to thrive. Tradeplus is exactly this – a broker that goes the extra mile to ensure their traders achieve binary options trading success.

Tradeplus has a comprehensive ‘About Binary Options’ section on their site that is regularly updated and can help all types of traders improve their binary options trading knowledge and skills. When you feel ready, this leading broker has a free Practice mode, where traders can forward test their trading strategies in the market, risk-free. Trading in practice mode can also help novice traders learn how to navigate the new, intuitive Tradeplus trading platform.

Basic information:

Online since: 2020
Jurisdiction: Belize
Software: in-house development
Max Returns: 90%
Bonus: 100%
Minimum Deposit: $50
Minimum Investment: $5
Maximum Investment:
Currencies: USD, EUR, GBP
Mobile: Yes
Countries: All nations excl. US

  • Small initial minimum deposit requirement
  • No strings attached first deposit bonus
  • Advanced interactive platform with charting capabilities
  • Wide range of assets and lucrative contracts
  • High returns, up to 100%
  • Practice mode available
  • US traders not accepted

7 Binary Options Rating:

The Platform and Regulation

The Tradeplus platform is really one of a kind.

Here are some points to prove that statement correct:

  1. They are offering traders up to 100% returns on their successful trades
  2. It is web-based, but there is a downloadable version that allows traders to access historical prices, even when they are offline
  3. Tradeplus also offers mobile platforms, compatible with both iOS and Android
  4. All the platforms have similar functionality and traders can seamlessly shift between them as they trade their favorite assets, using the lucrative contracts that Tradeplus offers.
  5. Although a new broker, Tradeplus is fully regulated (a very important factor in binary options)
  6. Operated by SVCM Limited, Tradeplus is headquartered in the prestigious location of St. Vincent and the Grenadines (registration number 23368 IBC 2020) as well as licensed and regulated by the Vanuatu International Financial Services Commission (under license number 300352), one of the principal regulatory agencies in binary options
  7. Such regulation means that customer funds are kept in segregated accounts and that Tradeplus is subject to random platform checks by the VFSC to ensure that traders always receive transparent price quotes throughout.

Tradeplus Advantages

There are always many advantages of trading with a new broker; because they should offer something exceptional in order to break into the fairly saturated market. For Tradeplus, the major selling point might well be its trading platform. With delightful and appealing graphics, the platform has advanced and interactive trading charts that can help traders perform quality analysis on their favorite assets.

The chart has numerous trading tools and an investor sentiment analysis tool. There is also innovative analytics that can help traders identify the best assets to trade in any given trading session, as well as real time risk analysis tools that alert traders on their overall exposure in the markets. The Tradeplus trading platform not only allows traders to enter, manage or exit trades in the market, it also ensures that they make the optimal trading decision at all times.

Another benefit of the Tradeplus platform is that it offers a user-friendly dashboard which enables traders to stay on top of their trading activities with ease. From the dashboard, a trader can view details of their trading account which includes important information, such as current balance, an amount deposited in the month, total withdrawals, a trading summary and more. Traders can also request a withdrawal from the comfort of the dashboard, and deposit funds using the safe and secure options provided by the broker.

Screenshot of the Software

Tradeplus also offers new traders a first deposit bonus of $50, with no strings attached and no fine print. You can trade with it, make money and withdraw the funds. In addition, when it comes to withdrawals, Tradeplus is the first binary options brokerage firm to perfectly execute express withdrawals. As long as you have completed their security verification process, you can withdraw your profits anytime you want, no questions asked.

Tradeplus allows traders to trade their favorite global assets using lucrative contract types that include:

  • High/Low
  • Spread High/Low
  • Short Term
  • Short Term Spread

This choice of contract types allows traders to easily diversify their trading portfolios and to meet their trading preferences. Again, a first in the industry, Tradeplus traders can earn returns as high as 100% on the trades that end successfully or in the money.

Tradeplus is also fully regulated, a not so common feature with new brokers. Tradeplus is regulated by the trusted VFSC (Vanuatu International Financial Services Commission) and this gives binary options traders the peace of mind that their money is safe and they are dealing with a broker whose activities are monitored by a body that is out to protect them.

Screenshot of the TradePlus Website

Screenshot of the Registration

Bonuses

As a new broker, Tradeplus does not disappoint. Register and deposit $50 or more and you will automatically receive a no strings attached $50 bonus. The no strings $50 bonus is exactly that; no fine print or trading volume conditions. With this extra trading capital provided by Tradeplus, traders can stake even more on their trades so as to make more profits.

But this broker has more to offer its traders. The more you trade, the more you are rewarded at Tradeplus. The broker runs a lucrative LOYALTY+ program where traders earn a point for every $10 traded. Tradeplus also awards lifetime loyalty points that never expire, and when accumulated, they can help traders access even more promotions and rewards as well as instant cash bonuses.

On sign up with Tradeplus, a trader automatically qualifies for the LOYALTY+ Basic level. The more a trader trades, the more they advance in the Loyalty program and can qualify for more loyalty points and instant cash bonuses up to $800. In addition, the Intermediate, Semi Pro and Pro levels in the Tradeplus LOYALTY+ program also have SKILL+ cash bonuses, where a trader can earn over and above their LOYALTY+ bonuses. Full details of the Tradeplus LOYALTY+ program can be found on the broker’s site.

Maximum Profit (Payout)

It was a pleasant surprise to find out that Tradeplus offers high returns of up to 100% on successful trades. These are not just great returns, but the very best in the binary options industry, which says a lot about the company. After performing analysis, making a trade prediction and entering a trade, you can be sure that Tradeplus will reward you generously if your predictions are correct.

Another big advantage is that the payout percentage is clearly defined on the trading platform so a trader knows exactly what they stand to earn even before they make a trade. Tradeplus has also not put any limit on the investment amount, and the minimum investment per trade is only $5, making binary options trading affordable for all traders.

Testimonial

Account Types

Everyone is a VIP at Tradeplus, and that is the reason why there is no tiered system of account types. To sign up for an account is very easy to do: simply click on the ‘Sign Up’ button on the Tradeplus site and fill out the application form by providing some basic information – within minutes, your Tradeplus account will be opened.

To begin trading, traders can then proceed to making a deposit. Deposits can be made from the comfort of one’s trading account and can be made using major debit or credit cards, as well as international bank wire transfer. All trading accounts are maintained in US dollars but Tradeplus accepts deposits in multiple currencies. To make a deposit, simply log into your account and click on ‘Add Funds’. The minimum deposit is $50, and if you use a credit card, trading can begin within a few minutes of completing a deposit.

A big advantage of trading with Tradeplus is that once your account is opened, a trader can then trade in demo mode. Click on ‘Practice’ located on the trading platform and you are able to trade binary options with virtual funds, so there is no risk. Demo trading is important for both new and experienced traders. New traders can learn how to trade binary options as well as how to navigate the platform, while experienced traders can use it to develop, tweak or forward test their trading strategies in the market, risk free.

Assets

On the Tradeplus platform, traders can trade over 30 global assets that include commodities, forex (currency pairs) and indices.

These assets can be traded using lucrative option contracts such as:

  1. High/Low
  2. High/Low Spread
  3. Short Term
  4. Short Term Spread

The Tradeplus platform streams live interbank prices with quotes delivered by FXCM (Forex Capital Markets) which is a great feature as it enables traders to keep updated with the latest financial news. In addition, trades can be executed quickly, ensuring no latency or slippage whatsoever.

Trading Platform

The Tradeplus trading platform is web-based, but a downloadable version is also available. On the right-hand side of the platform, traders can access the latest market news that is streamed in real time as well as gain access to an economic calendar. The benefit of having this information readily available is that it enables traders to plan their trades effectively and conveniently, without having to leave the platform.

The Tradeplus platform also has a new, advanced charting package, where:

  1. Traders can access long-term historical prices and in any particular trading session
  2. They can view the best assets to trade, in terms of volatility and liquidity
  3. Traders can also access numerous powerful trading tools including indicators and trend lines, which can help them perform quality analysis on their selected assets
  4. Another great feature is that a list of the available assets to trade are conveniently placed at the top of the platform, including their payout percentage.

Screenshot of Trading AUD/JPY

As mentioned before, a trader can track their trading activity using their personal dashboard available on the platform. The detailed information and breakdown of one’s trading activities can help a trader to identify their areas of strength or weaknesses so they can optimize accordingly and improve their trading activity.

Mobile App

We live in a fast-paced world and with the rise of smartphones, more and more traders are using their mobile devices as their gateway to binary options trading. In this way, potentially profitable trading opportunities are never missed. To meet their traders’ needs, Tradeplus offers a free mobile trading app which is available for download on Apple iTunes and the Google Play Store.

Unlike other mobile platforms in the market, the Tradeplus app is fully optimized for active trading, enabling traders to trade all the available assets and the different contract types, while on the go. In addition, technical analysis tools can also be easily accessed, enabling traders to make trading decisions from anywhere. The app is well-designed, is easy to use and to navigate and with its powerful touch capabilities, you can take your binary trading with you wherever you go.

Screenshot of Tradeplus Mobile App Installation

Placing Trades

There are four types of contracts available at Tradeplus:

  • High/Low
  • Short Term
  • High/Low Spread
  • Short Term Spread

The High/Low option is similar to the standard Call/Put or Up/Down options. That is, a trader simply needs to predict if the price of the selected asset will rise or fall by the expiry of the trade. The magnitude of this price movement is not considered, only the direction.

The Short Term contract types are for traders who like the fast-pace of trading. Here traders can open trades with expiry times as short as 30 seconds, 60 seconds, 2 minutes, 3 minutes and 5 minutes. The Spread options available on the Tradeplus platform are traded with the standard Bid/Ask method of price making. Placing trades on the Tradeplus platform is very straightforward: choose the asset to trade, select the contract, choose your preferred expiry time, enter your investment amount and then execute the trade based on your trading prediction. Traders can place trades with expiry times as short as 30 seconds or as long as 24 hours.

Banking (Deposits and Withdrawals)

The minimum deposit required to begin trading binary option assets at Tradeplus is $50. This is one of the lowest deposit requirements in the industry as most brokers have a minimum deposit requirement of $250. Deposits can be made using popular credit and debit cards including Visa or MasterCard as well as bank wire transfer. The base currency of every account at Tradeplus is maintained in US dollars but the broker does accept other currencies which are converted using the existing, transparent live rates.

The withdrawal process at Tradeplus is seamless. A trader can log into their trading accounts and click ‘Withdrawals’. The broker does not charge any fees for the withdrawal process but traders should check with their banks regarding any charges or fees that may be levied. In addition, Tradeplus does not have any limits on withdrawals.

For peace of mind and to ensure the safety of their traders, Tradeplus operates a secure, reliable and efficient payments processing system that uses the latest 128 SSL encryption to transmit all data on their platform.

Screenshot of Payment Methods

Customer Service

The trader is the main focus at Tradeplus. On their website, Tradeplus has a comprehensive FAQs section that just about covers any issue, question or clarification a trader may have. To top it off, they also have a knowledgeable and dedicated customer support center that serves traders around the clock. They can be contacted anytime via email, phone or live chat.

For email, just go to the Contact page and fill out the contact form – you will be contacted within a day. You can also send an email directly to [email protected]

The live chat function is available on the bottom right corner of the site, and you only need to type your enquiry and one of the staff will attend to you in real time. For phone enquiries, simply request a callback or just call directly on the number +44-2070480506.

A big appeal about Tradeplus is that they will never call you for any upsells or any other reason, unless you specifically request to be contacted. This broker has ensured that they never ‘bother’ their traders – they will offer their help and support only when they are asked to do so.

Conclusion/ Summary

Tradeplus might be a late entrant into the binary options field, but they have managed to create the ultimate trading environment for traders. With a robust trading platform that boasts advanced charting as well as efficient payment methods and excellent customer support, Tradeplus has ensured that traders have all they need to carve out a successful trading career. Furthermore, Tradeplus is fully regulated, which means traders can focus solely on their trading activities, while the broker takes care of the rest.

Additional information

Customer Service: Contact form / Email / Phone
Languages: Arabic and English
Trading Options: High / Low, One Touch, 60seconds, Long Term. Pair Options, Ladder Options
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: from 30 seconds to 24 hours.
Deposits and Withdrawals: Visa, Mastercard, Bank Wire
Withdrawal Time: 3 days
Demo account: No

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