MyValueTrade Vs Axis Direct

Here we present 1 on 1 comparison of MyValueTrade vs Axis Direct share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared MyValueTrade vs Axis Direct's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare MyValueTrade vs Axis Direct - Broker type and exchange supported
  MyValueTrade Logo
MyValueTrade
Axis Direct Logo
Axis Direct
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? BSE, NSE, MCX BSE, NSE
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. Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Brokering Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited.
Broker Enquiry Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Axis Direct. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs Axis Direct - Trading and Demat Account Charges
  MyValueTrade Axis Direct
Trading Account Opening Fees What is this parameter? Rs 555 Rs 999
Trading AMC What is this parameter? Nil Rs 0
Demat Account Opening Fees What is this parameter? NIL Rs 650(1st Year Free)
Demat AMC What is this parameter? 400 Rs Per Year (First year free) Rs 0
Provide DP Service What is this parameter? Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Axis Direct - Plan Options
  MyValueTrade Axis Direct
Monthly Plans What is this parameter? Yes No
Yearly Plans What is this parameter? Yes No
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Contact Broker / Request A Call Back

  MyValueTrade Axis Direct
Contact / Request Call Back
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Brokerage Charges

Compare MyValueTrade vs Axis Direct - Brokerage Charges
  MyValueTrade Axis Direct
Plan Name What is this parameter? Per Order Executed Fixed Brokerage Plan
Plan Description What is this parameter? This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).
Equity Delivery What is this parameter? 10 Rs 0.50%
Equity Intraday What is this parameter? 10 Rs 0.05%
Equity Futures What is this parameter? 10 Rs 0.05%
Equity Options What is this parameter? 10 Rs 1 paisa per lot same day sq off or 10 rs per lot for carry f/w orders
Currency Futures What is this parameter? 10 Rs 0.05%
Currency Options What is this parameter? 10 Rs Rs 100 per lot
Commodity Trading What is this parameter? 10 Rs NA
Minimum Brokerage What is this parameter? Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for my-value-trade Brokerage Calculator for AxisDirect
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Share Broker's Transaction/Turnover Charges

Compare MyValueTrade vs Axis Direct - Transaction/Turnover Charges
  MyValueTrade Axis Direct
Equity Delivery What is this parameter? Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday What is this parameter? Rs 325 Per Cr Rs 325 Per Cr
Equity Futures What is this parameter? Rs 300 Per Cr Rs 190 Per Cr
Equity Options What is this parameter? Rs 6000 Per Cr Rs 5000 Per Cr
Currency Futures What is this parameter? Rs 120 Per Cr Rs 100 Per Cr
Currency Options What is this parameter? Rs 4200 Per Cr Rs 4000 Per Cr
Commodity What is this parameter? 0.0025% NA
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for AxisDirect
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Trading Features

Compare MyValueTrade vs Axis Direct - Trading Feature and platform
  MyValueTrade Axis Direct
3 in 1 Account What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? Yes Yes
SMS Alerts What is this parameter? Yes Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes Yes
Margin Trading Funding Available What is this parameter? Yes Yes
Combined Ledger for Equity and Commodity What is this parameter? Yes Yes
Intraday Square-off Time What is this parameter? 3:15PM 3:15PM
NRI Trading What is this parameter? No Yes
Other Features What is this parameter?
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Trading Platform

Compare MyValueTrade vs Axis Direct - Trading Platform
  MyValueTrade Axis Direct
Desktop Trading Platform What is this parameter? MVT Trader, MVT Classic DIRECTTrade
Desktop Platform (Windows) What is this parameter? Yes Yes
Desktop Platform (Mac) What is this parameter? No No
Web Trading Platform What is this parameter? Yes Yes
Web Trading Detail What is this parameter? https://direct.mastermarts.com/ Axis Direct lite
Mobile Site What is this parameter? No Yes
Mobile Trading What is this parameter? Yes Yes
Mobile Trading App What is this parameter? MVT Mobile Axis Direct Mobile App
Android Mobile App What is this parameter? Yes Yes
iPhone Mobile App (IOS) What is this parameter? No Yes
Android Tablet App What is this parameter? Yes Yes
iPad App (IOS) What is this parameter? No Yes
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for AxisDirect

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Broker Ratings by Users

Compare MyValueTrade vs Axis Direct - Rating
  MyValueTrade Axis Direct
  9 Customer Reviews    Rate MyValueTrade 4 Customer Reviews    Rate Axis Direct
Fees Ratings 3.7 3.0
Trading Brokerage Rating 4.0 2.5
Trading Platform Usability 3.2 2.8
Customer Service Ratings 3.2 2.8
Overall Ratings Rated 3.2 stars Rated 2.8 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews Axis Direct is Rated 2.8 / 5 based on 4 customer reviews
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Investment Services

Compare MyValueTrade vs Axis Direct - Investment Options
  MyValueTrade Axis Direct
Equity Cash and F&O What is this parameter? Yes Yes
Currency Deravitives What is this parameter? Yes Yes
Commodity What is this parameter? No No
Online IPO Application What is this parameter? No Yes
Mutual Funds What is this parameter? No Yes
Bond / NCD What is this parameter? No Yes
Debt What is this parameter? No Yes
ETF What is this parameter? Yes Yes
Banking What is this parameter? No Yes
Insurance What is this parameter? No Yes
Forex What is this parameter? No No
SIP Investment What is this parameter? No Yes
Other Investment Options What is this parameter?
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Customer Service Offered

Compare MyValueTrade vs Axis Direct - Customer Service Offerance
  MyValueTrade Axis Direct
24/7 Customer Service What is this parameter? No No
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? Yes Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No Yes
Through Branches What is this parameter? No Yes
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Tips/Research/Reports Published

Compare MyValueTrade vs Axis Direct - Research, Tips Reports
  MyValueTrade Axis Direct
Research Mutual Funds What is this parameter? No Yes
Research Equity Reports What is this parameter? No Yes
Research ETF What is this parameter? No Yes
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No Yes
Quarterly Result Analysis What is this parameter? No Yes
News Alerts What is this parameter? No Yes
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Demat Account

Compare MyValueTrade vs Axis Direct - Demat Account
  MyValueTrade Axis Direct
DP Source NSDL CDSL
Demat Account Annual Maintenance Charges(AMC) NIL Rs. 650/- p.a for Ind Rs. 1000/- for NRI p.a and corporates Rs 5000/ p.a for promoter
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) Rs. 12/- for each debit instruction 0.04% of the value of the transaction or Rs. 25- (per Instruction) whichever is higher for securities
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate Rs. 5/- per certificate or Rs. 50/- per request, whichever is higher
Remat Rs. 20/- per every 100 securities or part thereof; or a flat fee of Rs. 20/- per certificate which ever is higher is payable Rs.20/- for every 100 securities or part there of or Rs.50/- per request, whichever is higher
Pledge Creation Rs. 50/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Creation Confirmation Nil 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Rs. 25/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Confirmation Nil 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Invocation Rs. 25/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Failed Instruction Charges Rs. 20/- per intimation per instruction Nil
Other Charges Any change in client master detail will be charged Rs 25/-

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Axis Direct - Special Offers and Promotion
  MyValueTrade Axis Direct
Likes

Only discount broker that is offering Flat rate yearly plan along with per executed order and monthly plan in all segments; No AMC for trading and first year AMC waived off for Demat account; convenient single trading platform for all segments ; easy one website login for trading and back office support.

More Advantages...

Seamless trade through 3 in 1 account, quality research, intutitive and powerful trading tools, robust trading platforms.

More Advantages...

Dislikes

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

More Disadvantages...

doesn’t offer services to trade in commodity and currency segment, pay for software usage.

More Disadvantages...

Special Offers/Promo
Enquire about MyValueTrade Enquire about Axis Direct

Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Max Rs 20 Per Trade for F&O

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



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