11 Axis Direct Vs MyValueTrade Share Brokers Comparison 2018

Axis Direct Vs MyValueTrade

The brokerage of Axis Direct Max 0.05% to 0.5% per trade while the brokerage of MyValueTrade ranges between Rs 10. Axis Direct is a Full Service Broker where MyValueTrade is a Discount Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5.

Here we present 1 on 1 comparison of Axis Direct vs MyValueTrade share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared Axis Direct vs MyValueTrade'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 Axis Direct vs MyValueTrade - Broker type and exchange supported
  Axis Direct Logo
Axis Direct
MyValueTrade Logo
MyValueTrade
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX
Broker Overview 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. 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.
Broker Enquiry Open an Online Trading Account with Axis Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Axis Direct vs MyValueTrade - Trading and Demat Account Charges
  Axis Direct MyValueTrade
Trading Account Opening Fees Axis Direct vs MyValueTrade - Trading Account Opening Fees Rs 999 Rs 555
Trading AMC Axis Direct vs MyValueTrade - Trading Account AMC Free Free
Demat Account Opening Fees Axis Direct vs MyValueTrade - Demat Account Opening Fees Rs 650 Free
Demat AMC Axis Direct vs MyValueTrade - Demat Account AMC Rs 650 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Axis Direct vs MyValueTrade - Damat Account Mandatory Yes Yes
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About Brokerage Plans

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

  Axis Direct MyValueTrade
Contact / Request Call Back
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Brokerage Charges

Compare Axis Direct vs MyValueTrade - Brokerage Charges
  Axis Direct MyValueTrade
Plan Name Axis Direct vs MyValueTrade - Fixed Brokerage Plan Per Order Executed
Plan Description Axis Direct vs MyValueTrade - 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%). This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
Equity Delivery Axis Direct vs MyValueTrade - Cash Delivery Brokerage 0.5% or 50 paisa Flat Fee Rs 10
Equity Intraday Axis Direct vs MyValueTrade - Cash Intraday Brokerage 0.05% or 5 paisa Flat Fee Rs 10
Equity Futures Axis Direct vs MyValueTrade - F&O Segment - Futures Brokerage 0.05% or 5 paisa Flat Fee 10 Rs
Equity Options Axis Direct vs MyValueTrade - F&O Segment - Options Brokerage Rs 10 Per Lot Flat Fee Rs 10
Currency Futures Axis Direct vs MyValueTrade - Currency Futures Trading Brokerage 0.05% or 5 paisa Flat Fee 10 Rs
Currency Options Axis Direct vs MyValueTrade - Currency Options Trading Brokerage Rs 20 Per Lot Flat Fee Rs 10
Commodity Trading Axis Direct vs MyValueTrade - Commodity Trading Brokerage NA Flat Fee 10 Rs
Minimum Brokerage Axis Direct vs MyValueTrade - Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for Axis Direct Brokerage Calculator for MyValueTrade
SPAN Margin Calculator SPAN Margin Calculator for Axis Direct SPAN Margin Calculator for MyValueTrade
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Share Broker's Transaction/Turnover Charges

Compare Axis Direct vs MyValueTrade - Transaction/Turnover Charges
  Axis Direct MyValueTrade
Equity Delivery Axis Direct vs MyValueTrade - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Axis Direct vs MyValueTrade - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Axis Direct vs MyValueTrade - Equity Futures Transaction Charges Rs 190 Per Cr Rs 300 Per Cr
Equity Options Axis Direct vs MyValueTrade - Equity Options Transaction Charges Rs 5000 Per Cr Rs 6000 Per Cr
Currency Futures Axis Direct vs MyValueTrade - Rs 100 Per Cr Rs 120 Per Cr
Currency Options Axis Direct vs MyValueTrade - Rs 4000 Per Cr Rs 4200 Per Cr
Commodity Axis Direct vs MyValueTrade - Commodity Transaction Charges NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for AxisDirect Complete Brokerage Plans for my-value-trade
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Trading Features

Compare Axis Direct vs MyValueTrade - Trading Feature and platform
  Axis Direct MyValueTrade
3 in 1 Account Axis Direct vs MyValueTrade - Account Type? Yes, Axis Direct have 3-in-1 accounts. Bank Account, Demat and Trading account. No Axis Direct have 2-in-1 account. Only Demate and Trading account.
Charting Axis Direct vs MyValueTrade - Advance Charting Yes Yes
Algo Trading Axis Direct vs MyValueTrade - Algo Trading No Yes
After Trading Hour Orders Axis Direct vs MyValueTrade - After market Orders Yes Yes
Good Till Cancelled (GTC) Axis Direct vs MyValueTrade - GTC Orders Yes Yes
SMS Alerts Axis Direct vs MyValueTrade - SMS Alerts Yes Yes
Online Demo Axis Direct vs MyValueTrade - Online Demo Yes Yes
Online Portfolio Axis Direct vs MyValueTrade - Portfolio Service Yes No
Margin Trading Funding Available Axis Direct vs MyValueTrade - Margin Funding Yes Yes
Combined Ledger for Equity and Commodity Axis Direct vs MyValueTrade - Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time Axis Direct vs MyValueTrade - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Axis Direct vs MyValueTrade - NRI Trading Yes No
Other Features Axis Direct vs MyValueTrade -
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Trading Platform

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

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Broker Ratings by Users

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

Compare Axis Direct vs MyValueTrade - Investment Options
  Axis Direct MyValueTrade
Equity Cash and F&O Axis Direct vs MyValueTrade - Equity and Equity derivatives Yes Yes
Currency Deravitives Axis Direct vs MyValueTrade - Currency Trading Yes Yes
Commodity Axis Direct vs MyValueTrade - Commodity Trading No Yes
Online IPO Application Axis Direct vs MyValueTrade - Online IPO Investment Yes No
Mutual Funds Axis Direct vs MyValueTrade - Online Mutual Funds Investment Yes No
Bond / NCD Axis Direct vs MyValueTrade - Bonds and NCD Yes No
ETF Axis Direct vs MyValueTrade - ETF Yes Yes
Banking Axis Direct vs MyValueTrade - Banking Service Yes No
Insurance Axis Direct vs MyValueTrade - Insurance Service Yes No
Forex Axis Direct vs MyValueTrade - Forex Trading No No
SIP Investment Axis Direct vs MyValueTrade - Mutual Fund SIP Yes No
Other Investment Options Axis Direct vs MyValueTrade -
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Customer Service Offered

Compare Axis Direct vs MyValueTrade - Customer Service Offerance
  Axis Direct MyValueTrade
24/7 Customer Service Axis Direct vs MyValueTrade - 24x7 customer support No No
Email Support Axis Direct vs MyValueTrade - Email Support Yes Yes
Onine Live Chat Axis Direct vs MyValueTrade - Onine Live Chat Yes Yes
Phone Support Axis Direct vs MyValueTrade - Phone Support Yes Yes
Toll Free Number Axis Direct vs MyValueTrade - Toll Free Number Yes No
Through Branches Axis Direct vs MyValueTrade - Through Branches Yes No
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Tips/Research/Reports Published

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

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

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Special Offers,Advantages,Disadvantages

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

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

More Advantages...

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...

Dislikes

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

More Disadvantages...

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

More Disadvantages...

Special Offers/Promo
Enquire about Axis Direct Enquire about MyValueTrade

Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

Paperless account opening*


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
*Except PoA and Nomination form

Get FREE Trading + Demat Acct

Zerodha  Zerodha

e-Aadhar base account opening

Free Delivery trading

Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity

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



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

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Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



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