About Tradeplus
Who is Tradeplus?
Tradeplus is an Indian brokerage firm established on March 27, 2019, and headquartered in Chennai, Tamil Nadu. The company offers a range of financial market instruments including equities, options, global stocks, commodities, mutual funds, and ETFs. It positions itself as a versatile trading platform catering to various investor preferences.
According to our records, Tradeplus operates under three account tiers: Smart Flat, U WIN - WE WIN, and Flat Pro. The broker provides trading access via desktop/PC and mobile devices, and supports customer inquiries through WhatsApp with round-the-clock assistance.
Regulatory Status
Tradeplus does not hold any known regulatory licence. Our records show no registration with the Securities and Exchange Board of India (SEBI) or any other financial regulator. This is a significant red flag, as operating without oversight exposes clients to potential risks such as lack of investor protection, absence of dispute resolution mechanisms, and no guarantee of fund segregation.
The broker's official domain, ekyc.karvykra.com, is a subdomain of Karvy KRA, a SEBI-registered KYC registration agency. This suggests Tradeplus may use Karvy's KYC infrastructure, but does not imply regulatory approval for its brokerage activities.
Trading Instruments and Account Types
Tradeplus claims to offer a diversified product suite covering Indian equities, derivatives (options), international stocks, commodities, mutual funds, and ETFs. The broker promotes three account types: Smart Flat, U WIN - WE WIN, and Flat Pro. While specific features of each account are not detailed in our records, the names suggest a flat-fee structure and promotional offerings.
The platform supports trading on desktop and mobile devices. No web-based trading platform is explicitly mentioned. Customer support is available via WhatsApp, and the company advertises 24/7 assistance.
Company Background
Tradeplus was founded in 2019 and lists its registered address as Ganga Griha, 4th & 5th Floor, No.9 (old No. 6D), Nungambakkam High Road, Nungambakkam, Chennai - 600 034. The company has a visible social media presence on Facebook, Instagram, Twitter/X, and YouTube.
Despite being in operation for several years, Tradeplus has accumulated no independent user reviews on major forex or broker review platforms. This absence of authentic feedback, combined with its unregulated status, warrants caution.
Client Support and Accessibility
Tradeplus offers customer support primarily through WhatsApp, and claims to provide round-the-clock assistance. The broker does not list phone numbers, email addresses, or a physical office timings on our records. The reliance on a single communication channel may be a limitation for users needing immediate help.
The company's social media pages may offer alternative contact methods, but we were unable to verify their responsiveness. The overall lack of transparency in customer support channels is a concern.
Overview compiled by FXCanary from regulatory records and public data. full Tradeplus review