FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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 TradePlusOnline Max Max Rs 9 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for TradePlusOnline is 10,485 where number of active customer for MyValueTrade is . TradePlusOnline is serving more customer compare to MyValueTrade.
Here we present side-by-side comparison of MyValueTrade vs TradePlusOnline 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 TradePlusOnline'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 TradePlusOnline 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 TradePlusOnline's on
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.
Comparison of MyValueTrade with TradePlusOnline on trading & demat account opening charges and AMC. Trading account opening charges - TradePlusOnline offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - TradePlusOnline offer Free AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.
Charges | MyValueTrade | TradePlusOnline |
---|---|---|
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) | Free |
Provide DP Service |
Plans are the most important feature you look when compare MyValueTrade with TradePlusOnline. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers provides Monthly Plans.
Plan Types | MyValueTrade | TradePlusOnline |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Zerodha | |
---|---|---|
Account Opening Request |
MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.
Brokerage Charges Compare | MyValueTrade | TradePlusOnline |
---|---|---|
Plan Name | Flat Fee Rs 10 Trading Plan | Smart Flat Brokerage Plan |
Equity Delivery | Flat Fee Rs 10 | Free |
Equity Intraday | Flat Fee Rs 10 | 0.05% or Rs 9 whichever is lower |
Equity Futures | Flat Fee 10 Rs | Flat Fee Rs 9 |
Equity Options | Flat Fee Rs 10 | Flat Fee Rs 9 |
Currency Futures | Flat Fee 10 Rs | Flat Fee Rs 9 |
Currency Options | Flat Fee Rs 10 | Flat Fee Rs 9 |
Commodity Trading | Flat Fee 10 Rs | Flat Fee Rs 9 |
Minimum Brokerage | Rs 10 or .01% whichever is lower | NIL |
Hidden Charges | Info Not Available | No |
Funding | Info Not Available | Yes - 24% interest PA |
Call & Trade Charges | NA | Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade |
Auto Square off Charges | NA | Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade |
Brokerage Calculator | Brokerage Calculator for MyValueTrade | Brokerage Calculator for TradePlusOnline |
Compare MyValueTrade with TradePlusOnline on transaction charges and PCM fee by segment.
Transaction Charges Compare | MyValueTrade | TradePlusOnline |
---|---|---|
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 tradeplus |
Compare MyValueTrade with TradePlusOnline 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 - TradePlusOnline offers NRI where MyValueTrade doesn't offers NRI Trading.
Account Features Compare | MyValueTrade | TradePlusOnline |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | Charting & Tech Tools -YES - INFINI POWER - MCX and Equities |
With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and TradePlusOnline. 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 | TradePlusOnline |
---|---|---|
Desktop Trading Platform | MVT Trade | Rocketplus |
Desktop Demo | Info Not Available | Desktop Demo |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://direct.mastermarts.com/ | https://infini.tradeplusonline.com/ |
Web Trading Demo | Info Not Available | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | MVT Mobile | RocketPlus Mobile Trading App |
Mobile Trading App Demo | Info Not Available | RocketPlus Mobile Trading App Demo |
Android Mobile App | ||
Android App Download | Andriod MVT Mobile Download | Andriod RocketPlus Mobile Trading App Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS MVT Mobile Download | iOS RocketPlus Mobile Trading App Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Info Not Available | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for MyValueTrade | Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline |
Futures Brokerage Calculator | Futures Brokerage Calculator for MyValueTrade | Futures Brokerage Calculator for TradePlusOnline |
Options Brokerage Calculator | Options Brokerage Calculator for MyValueTrade | Options Brokerage Calculator for TradePlusOnline |
Detail | Detail on Trading Platforms for my-value-trade | Detail on Trading Platforms for tradeplus |
Compare MyValueTrade with TradePlusOnline 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 - TradePlusOnline offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
Investment Offerings Compare | MyValueTrade | TradePlusOnline |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare MyValueTrade with TradePlusOnline 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) - TradePlusOnline provides Cover Orders (CO) where MyValueTrade doesn't offer,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) - TradePlusOnline provides Bracket Orders (BO) where MyValueTrade doesn't offer.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- TradePlusOnline offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | MyValueTrade | TradePlusOnline |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare MyValueTrade with TradePlusOnline 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 Service Compare | MyValueTrade | TradePlusOnline |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | Info Not Available | 044-49427500 / 080 37017382 |
Account Opening Process | Info Not Available | Online/Paperless |
Customer Support Email | Info Not Available | [email protected] |
Knowledge Center/Education | Info Not Available | http://support.tradeplusonline.com/support/solutions |
Head Office Address | Info Not Available | Tradeplus Online, Ganga Griha 4th & 5 th Floor, No.9 (old No. 6D) Nungambakkam High Road Nungambakkam Chennai - 600 034 |
Website | Info Not Available | https://tradeplusonline.com |
Compare MyValueTrade with TradePlusOnline on research reports and tips provided by the broker.
Compare MyValueTrade with TradePlusOnline 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 TradePlusOnline is A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients. 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 TradePlusOnline is Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction..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
Compare MyValueTrade with TradePlusOnline on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
MyValueTrade | TradePlusOnline | |
---|---|---|
Pay In and Pay Out Options | Info Not Available | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque. Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Info Not Available | Upto 24 Hrs except Bank Holidays. |
Bank Supported and Charges | Info Not Available | Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. |
Bank Detail | Info Not Available | NAVIA MARKETS LIMITED, Account Number:ZNACOMTPXXXXXXXX Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI Account Type: Current Account IFSC Code: INDB0000007 |
Likes |
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Dislikes |
doesn't provide tips and recommendation; doesn't offer automated trading to its clients. |
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Special Offers/Promo | ||
Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2019-07-08T23:37:28+00:00