Check out Discount Plus Review here. Find out details like its Brokerage Charges, Trading Platforms, Offers, Swot Analysis, Products, Support & more.

Discount Plus is a leading Stock Broker in India. You can check all relevant information about this top shot brand & know if this broker is best fit for you.

Broker Type Discount Broker
Active Clients 8000+
Account Opening Charges Free
AMC Rs.300 per Year (1st Year Free)
Delivery Charges Free
Intraday Charges Rs.11 per Trade or 0.02% (Whichever is Low)

Discount Plus - Company Overview

Company Type

Private

Headquarters

Chennai

Founder

Gandhimathi Baskaran

Establishment Year

2022

Discount Plus Brokerage Charges

Brokerage Plan

Standard Plan

Subscription Charges

Zero

Equity Delivery

Free

Equity Intraday

Rs.11 per Trade or 0.02% (Whichever is Low)

Equity Future

Rs.11 per Trade or 0.02% (Whichever is Low)

Equity Option

Rs.11 per Trade

Commodity Future

Rs.11 per Trade or 0.02% (Whichever is Low)

Commodity Option

Rs.11 per Trade

Currency Future

Rs.11 per Trade or 0.02% (Whichever is Low)

Currency Option

Rs.11 per Trade


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Types of Discount Plus Trading Platforms Provided

Android App

NA

iOS App

NA

Web Trading Platform

Trading Terminal

Available

Algo Trading Platform

NA

Foreign Stocks Trading Platform

Available

Basket Trading Platform

NA

Mutual Fund Investment Platform

Available

Digital Gold Investment Platform

NA

Bonds Investment Platform

NA

Discount Plus App & Trading Platforms Features

Wishlist

Yes

Real Time Updates

Yes

Portfolio Details

Yes

Online MF Buy

Yes

Research Reports

No

Global indices

No

Customised Recommendations

No

Stock tips

No

Interactive charts

Yes

Live market

Yes

Multi Profile Management

No

Robust & Secure Platform

Yes

Discount Plus Offers

Free Account Opening

Yes

Free AMC

Yes, Limited

Free Brokerage

Yes, Limited

Flat Brokerage

Yes

Flexible Brokerage Plans

No

Happy Trading Hours

No

Free Delivery Trading

Yes

Free Intraday Trading

No

Free F&O Trading

No

Free Research Reports

No

Free Trading calls

No

Referral Offers

Rs.250 per Client

Margin Funding / Pledging

Yes

Brokerage Cashback

No

Zero Brokerage for Loss Making Trades

No

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Discount Plus Review - Products Offered

Equity Delivery

Yes

Equity Intraday

Yes

Equity Option

Yes

Equity Future

Yes

Commodity Option

Yes

Commodity Future

Yes

Currency Option

Yes

Currency Future

Yes

Foreign Stocks

Yes

Mutual Funds

Yes

Banking

No

Insurance

No

Corporate Bonds

No

Govt. Bonds

No

Digital Gold

No

Discount Plus Review - Services Provided

Demat Services

Yes

Trading Services

Yes

Intraday Services

Yes

F&O Services

Yes

IPO Services

Yes

3 in 1 Account

No

Stock Research

No

Stock Recommendations

No

Trading Institution

No

Share Pledging

Yes

PMS or PCG

No

NRI Services

No

Discount Plus Research & Advisory

Fundamental Reports

No

Research Reports

Yes, Chargeable

Company Reports

No

Annual Reports

No

IPO Reports

Yes

Technical Reports

Yes, Chargeable

Stock Tips

Yes, Chargeable

Daily Top Stock Picks

Yes, Chargeable

Daily Market Review

No

Monthly Review

No

Weekly Review

No

Relationship Manager

Yes, Chargeable

Robo Advisory

No

Discount Plus Margin or Exposure or Leverage

Equity Delivery

1x

Equity Intraday

Upto 5x (Depends on Stocks)

Equity F&O Carry Forward

1x

Equity F&O Intraday

1.3x

Commodity F&O Carry Forward

1x

Commodity F&O Intraday

1.3x

Currency F&O

1x

Discount Plus Review - Programs

Sub Broker Program

Yes, Limited

Partner Program

Yes

Referral Program

Yes

Discount Plus Review & Rating by Finec.in

Overall Rating

6.81 / 10

Customer Support

6.78 / 10

Technology

6.89 / 10

Charges

6.83 / 10

Products & Service

6.77 / 10

Experience

6.75 / 10

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Discount Plus Customer Support

Trading Support

Yes, Chargeable

Dedicated Dealer

Yes, Chargeable

Call Support

044-61245050

Email Support

discountplus@gwcindia.in

Whatsapp Support

NA

Website Support

Facebook Support

Twitter Support

Telegram Support

NA

Branches / Offices

NA

Discount Plus Complaints & Feedback

Total Complaints Lodged

7

Total Complaints Resolved

6

% of Resolved Complaints

85.71%

Non Actionable Complaints

1

% of Non Actionable Complaints

14.29%

Discount Plus Account Opening Charges

Account Opening Charges

Free

Annual Maintenance Charges (AMC)

Rs.300 per Year (1st Year Free)

Discount Plus STT & CTT Charges

Equity Delivery

0.1% on buy & sell

Equity Intraday

0.025% on sell

Equity Future

0.0125% on sell

Equity Option

0.125% on buy, 0.0625% on sell

Commodity Future

0.01% on sell

Commodity Option

0.05% on sell

Currency Future

Nil

Currency Option

Nil

Discount Plus Stamp Duty Charges

Equity Delivery

0.015% on buy

Equity Intraday

0.003% on buy

Equity Future

0.002% on buy

Equity Option

0.003% on buy

Commodity Future

0.002% on buy

Commodity Option

0.003% on buy

Currency Future

0.0001% on buy

Currency Option

0.0001% on buy

Discount Plus Transaction Charges

Equity Delivery

0.00325% (NSE) & 0.00375% (BSE)

Equity Intraday

0.00325% (NSE) & 0.00375% (BSE)

Equity Future

0.0019% (NSE & BSE)

Equity Option

0.05% (on premium)

Commodity Future

0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)

Commodity Option

0.05% (Non Agri)

Currency Future

0.0009% (NSE) & 0.00025% (BSE)

Currency Option

0.035% (NSE) & 0.001% (BSE)

Discount Plus Pledge Charges

Pledge Creation Charges

Rs.35 per Scrip

Pledge Invocation Charges

Rs.25 per Scrip

Interest on Margin Trading

0.09% per day

Discount Plus Hidden Charges

SEBI Turnover Charges

Rs.10/ Crore (All Segment)

DP Charges

Rs.30 per Scrip on Sell

GST

18% on (Brokerage + SEBI + Transaction charges)

Account Closure Charges

Nil

Reactivation Charges

Nil

Dematerialisation Charges

Rs.50 per Certificate

Call & Trade Charges

Rs.25 per Trade

Customer ratings and reviews of Discount Plus

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