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 Axis Direct
 
MyValueTrade Logo Axis Direct Logo
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 Type Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX BSE, NSE
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 Rs 555 Rs 999
Trading AMC Nil Rs 0
Demat Account Opening Fees NIL Rs 650(1st Year Free)
Demat AMC 400 Rs Per Year (First year free) Rs 0
Own DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Axis Direct - Plan Options
  MyValueTrade Axis Direct
Monthly Plans Yes No
Yearly Plans 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 Per Order Executed Fixed Brokerage Plan
Plan Description 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 10 Rs 0.50%
Equity Intraday 10 Rs 0.05%
Equity Futures 10 Rs 0.05%
Equity Options 10 Rs 1 paisa per lot same day sq off or 10 rs per lot for carry f/w orders
Currency Futures 10 Rs 0.05%
Currency Options 10 Rs Rs 100 per lot
Commodity Trading 10 Rs NA
Minimum Brokerage Rs 10 or .01% whichever is lower
Brokerage Calculator Bro Calc for my-value-trade Bro Calc 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 Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 300 Per Cr Rs 190 Per Cr
Equity Options Rs 6000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 120 Per Cr Rs 100 Per Cr
Currency Options Rs 4200 Per Cr Rs 4000 Per Cr
Commodity 0.0025% NA
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Trading Features

Compare MyValueTrade vs Axis Direct - Trading Feature and platform
  MyValueTrade Axis Direct
3 in 1 Account No Yes
Mobile Trading Yes Yes
Charting Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Desktop Trading Platform MVT Trader, MVT Classic DIRECTTrade
Web Trading Platform https://direct.mastermarts.com/ Axis Direct lite
Mobile Trading Platform MVT Mobile Axis Direct Mobile App
SAS Online Review - 3.6*  Rs 999 Unlimited Trades
SAS ReviewEnquire Now
RKSV Review - 4* Rs 20 Per executed order
RKSV ReviewEnquire Now
Zerodha Review- Rated 4.5* Rs 20Per executed order
Zerodha ReviewEnquire Now
trade smart onlin review - 3.6*  Rs 15 Per executed order
TSO ReviewEnquire Now

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Broker Ratings by Admin

Compare MyValueTrade vs Axis Direct - Rating
  MyValueTrade Axis Direct
  9 Customer Reviews    Rate MyValueTrade 2 Customer Reviews    Rate Axis Direct
Fees Ratings 3.7 2.5
Trading Brokerage Rating 4.0 3.0
Trading Platform Usability 3.2 2.5
Customer Service Ratings 3.2 2.5
Overall Ratings Rated 3.2 stars Rated 2.5 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews Axis Direct is Rated 2.5 / 5 based on 2 customer reviews
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Investment Services

Compare MyValueTrade vs Axis Direct - Investment Options
  MyValueTrade Axis Direct
Stock / Equity Yes Yes
Commodity No No
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Customer Service Offered

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

Compare MyValueTrade vs Axis Direct - Research, Tips Reports
  MyValueTrade Axis Direct
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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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

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

Flat 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



Sub brokers by name

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