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MyValueTrade Vs Anand Rathi: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Anand Rathi ranges between 0.02 to 0.20%. MyValueTrade is a Discount Broker where Anand Rathi is a Full Service Broker. MyValueTrade is having overall higher rating compare to Anand Rathi. MyValueTrade is rated 3.5 out of 5 where Anand Rathi is rated only 3 out of 5. Number of active customer for Anand Rathi is 1,24,090 where number of active customer for MyValueTrade is . Anand Rathi is serving more customer compare to MyValueTrade.

Here we present side-by-side comparison of MyValueTrade vs Anand Rathi share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared MyValueTrade vs Anand Rathi's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of MyValueTrade vs Anand Rathi share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared MyValueTrade vs Anand Rathi's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare MyValueTrade vs Anand Rathi on Service

  MyValueTrade Compare
MyValueTrade
Anand Rathi Compare
Anand Rathi
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,24,090
Broker Overview On the surface, it is easy to understand what My Value Trade is trying to accomplish, being the dream broker. The homepage claims My Value Trade offers everything from simplified, unlimited and powerful discount Trading. Open a Free Anand Rathi Trading & Demat Account to trade or invest across multiple products, get free trading tips and expert research reports, personalized advisory, and portfolio management services (PMS).
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare MyValueTrade vs Anand Rathi on Trading & Demat Account Opening Charges

Comparison of MyValueTrade with Anand Rathi on trading & demat account opening charges and AMC. Trading account opening charges - Anand Rathi offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Anand Rathi charges Rs 450 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with Anand Rathi
Charges MyValueTrade Anand Rathi
Trading Account Opening Fees Rs 555 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 450 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Anand Rathi on Plan Options

Plans are the most important feature you look when compare MyValueTrade with Anand Rathi. This section compare on high level about type of plans offered by brokers. Multiple Plans - MyValueTrade provide Multiple Plans where Anand Rathi doesn't offer. Monthly Plans - MyValueTrade provide Monthly Plans where Anand Rathi doesn't offer

Compare MyValueTrade with Anand Rathi on Plan Options
Plan Types MyValueTrade Anand Rathi
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans Yes No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs Anand Rathi on Brokerage Charges

MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.

Anand Rathi Brokerage Plan detail - Anand Rathi has a fixed percentage-based brokerage plan that charges a 0.02% to o.20% brokerage fee on trading in different segments.

Brokerage Charges - Compare MyValueTrade with Anand Rathi
Brokerage Charges Compare MyValueTrade Anand Rathi
Plan Name Flat Fee Rs 10 Trading Plan Classic Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 10 0.20%
Equity Intraday Flat Fee Rs 10 0.02%
Equity Futures Flat Fee 10 Rs 0.02%
Equity Options Flat Fee Rs 10 Rs 50 per lot
Currency Futures Flat Fee 10 Rs 0.02%
Currency Options Flat Fee Rs 10 Rs 20 per lot
Commodity Trading Flat Fee 10 Rs 0.02%
Minimum Brokerage Rs 10 or .01% whichever is lower NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA Free
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for Anand Rathi
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Share Broker's Transaction Charges

Compare MyValueTrade vs Anand Rathi on Transaction Charges

Compare MyValueTrade with Anand Rathi on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with Anand Rathi
Transaction Charges Compare MyValueTrade Anand Rathi
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for anand-rathi-broker
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Account Features

Compare MyValueTrade vs Anand Rathi on Account Features

Compare MyValueTrade with Anand Rathi on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Anand Rathi offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - MyValueTrade with Anand Rathi
Account Features Compare MyValueTrade Anand Rathi
3 in 1 Account No MyValueTrade have 2-in-1 account. Only Demate and Trading account. No MyValueTrade have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs Anand Rathi on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and Anand Rathi. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare MyValueTrade with Anand Rathi
Trading Platform Compare MyValueTrade Anand Rathi
Desktop Trading Platform MVT Trade OMNESYS NEST - Trade X Pro
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ https://www.anandrathi.com/Otn/Login/indexauth.jsp
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile Trade Mobi
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod Trade Mobi Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS Trade Mobi Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for Anand Rathi
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Anand Rathi
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Anand Rathi
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for anand-rathi-broker

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Broker Ratings by Users

Compare MyValueTrade vs Anand Rathi on User Rating

  MyValueTrade Anand Rathi
  10 Customer Reviews    Rate MyValueTrade 2 Customer Reviews    Rate Anand Rathi
Fees Ratings 3.7 3.5
Trading Brokerage Rating 4.0 3.0
Trading Platform Usability 3.4 3.0
Customer Service Ratings 3.4 3.5
Overall Ratings 3.4 3.0
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare MyValueTrade vs Anand Rathi on Investment Offerings

Compare MyValueTrade with Anand Rathi on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Anand Rathi offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - Anand Rathi provides PMS Service where MyValueTrade doesn't offer

Investment Offerings - Compare MyValueTrade with Anand Rathi
Investment Offerings Compare MyValueTrade Anand Rathi
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare MyValueTrade vs Anand Rathi on Order Types

Order Type - Compare MyValueTrade with Anand Rathi on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare MyValueTrade with Anand Rathi
Order Type Compare MyValueTrade Anand Rathi
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare MyValueTrade vs Anand Rathi on Customer Service

Compare MyValueTrade with Anand Rathi on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare MyValueTrade with Anand Rathi
Customer Service Compare MyValueTrade Anand Rathi
24/7 Customer Service MyValueTrade vs Anand Rathi - 24x7 customer support No No
Email Support MyValueTrade vs Anand Rathi - Email Support Yes Yes
Onine Live Chat MyValueTrade vs Anand Rathi - Onine Live Chat Yes Yes
Phone Support MyValueTrade vs Anand Rathi - Phone Support Yes Yes
Toll Free Number MyValueTrade vs Anand Rathi - Toll Free Number No Yes
Through Branches MyValueTrade vs Anand Rathi - Through Branches No Yes
Customer Care Number MyValueTrade vs Anand Rathi - Customer Care Number Info Not Available 0291 710 5596/1800 420 1004 (toll-free)
Account Opening Process MyValueTrade vs Anand Rathi - Account Opening Process Info Not Available Info Not Available
Customer Support Email MyValueTrade vs Anand Rathi - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs Anand Rathi - Knowledge Center/Education Info Not Available https://anandrathi.com/Inv_rathi_blog/
Head Office Address MyValueTrade vs Anand Rathi - Head Office Address/Corporate Address Info Not Available Info Not Available
Website MyValueTrade vs Anand Rathi - Company Website Info Not Available Info Not Available
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Tips/Research/Reports Published

Compare MyValueTrade vs Anand Rathi on Research Reports, Tips

Compare MyValueTrade with Anand Rathi on research reports and tips provided by the broker.

Research Reports - Compare MyValueTrade with Anand Rathi
  MyValueTrade Anand Rathi
Research Mutual Funds MyValueTrade vs Anand Rathi - Research Mutual Funds No Yes
Research Equity Reports MyValueTrade vs Anand Rathi - Research Equity Reports No Yes
Research ETF MyValueTrade vs Anand Rathi - Research ETF No Yes
Daily Market Report MyValueTrade vs Anand Rathi - Daily Market Report No Yes
Free Tips MyValueTrade vs Anand Rathi - Free Tips No Yes
Quarterly Result Analysis MyValueTrade vs Anand Rathi - Quarterly Results No Yes
News Alerts MyValueTrade vs Anand Rathi - No Yes
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Demat Account

Compare MyValueTrade vs Anand Rathi on Demat Account

Compare MyValueTrade with Anand Rathi on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Anand Rathi is ₹450 pa (Second year onwards) where for MyValueTrade is ₹300 pa (Second year onwards).

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for MyValueTrade is ₹15 where for Anand Rathi is ₹15 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare MyValueTrade with Anand Rathi
  MyValueTrade Anand Rathi
DP Source NSDL CDSL
DP ID MyValueTrade vs Anand Rathi - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards) ₹450 pa (Second year onwards)
Advance Deposit Rs. 2000/-in advance of which Rs. 1000/- is refundanble/ adjusted on closure of A/c and/or change of scheme after one year from the date of A/c opening for Scheme A NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 ₹15 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹20 per DFR ₹3 per certificate + ₹35 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹15 for every hundred securities or ₹15 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction 0.01% of the value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction 0.01% of the value (Min ₹50) + CDSL charges
Pledge Closure Confirmation Nil 0.01% of the value (Min ₹50) + CDSL charges
Pledge Invocation ₹25 per transaction 0.01% of the value (Min ₹50) + CDSL charges
Failed Instruction Charges ₹20 ₹25
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Anand Rathi on Special Offers and Promotion

Compare MyValueTrade with Anand Rathi on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare MyValueTrade vs Anand Rathi on Special Offers and Promotion
  MyValueTrade Anand Rathi
Pay In and Pay Out Options MyValueTrade vs Anand Rathi - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time MyValueTrade vs Anand Rathi - Payout Time Info Not Available Info Not Available
Bank Supported and Charges MyValueTrade vs Anand Rathi - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Detail Review...

Read out the most important benefits or advantages of why choose Anand Rathi?

  • Online trading in equity, derivatives, currency, and commodity.
  • Mutual funds, FDs, NCDs, and portfolio management services (PMS).
  • Zero account opening charges.
  • Zero maintenance fee for the first year.
  • Trade X’Press+, TradeX’Pro, and Trade Mobi App with real-time charting.
  • Free Research: Fundamental & technical research, FNO, commodity, and currency research reports.
  • Investment Basket: A thematic investing product.
  • Equity SIP (E-SIP) facility to invest in shares.
  • Place after-market order (AMO).
  • Blog and knowledge center for beginners.
  • Loan against shares and Margin trading facility (MTF).
  • Free call & trade

Detail Review...

Dislikes

doesn't provide tips and recommendation; doesn't offer automated trading to its clients.

Detail Review...

There are some disadvantages or drawbacks also, here are the same;

  • Does not offer direct mutual funds.
  • No 3-in-1 account
  • A bit higher brokerage fee than other discount brokers.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2019-07-08T23:37:28+00:00