MyValueTrade Vs Fyers

Here we present 1 on 1 comparison of MyValueTrade vs Fyers Securities 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 Fyers'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 Fyers Securities - Broker type and exchange supported
  MyValueTrade Fyers Securities
MyValueTrade Logo Fyers Securities 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. Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.
Broker Type Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX 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 Fyers. Leave your contact info and we will get in touch with you.

Account Opening Charges and AMC

Compare MyValueTrade vs Fyers Securities - Trading and Demat Account Charges
  MyValueTrade Fyers Securities
Trading Account Opening Fees Rs 555 NIL
Trading AMC Nil NIL
Demat Account Opening Fees NIL NIL
Demat AMC 400 Rs Per Year (First year free) Rs 400
Own DP Service Yes No

About Brokerage Plans

Compare MyValueTrade vs Fyers Securities - Plan Options
  MyValueTrade Fyers Securities
Monthly Plans Yes No
Yearly Plans Yes No

Contact Broker / Request A Call Back

  MyValueTrade Fyers Securities
Contact / Request Call Back

Brokerage Charges

Compare MyValueTrade vs Fyers Securities - Brokerage Charges
  MyValueTrade Fyers Securities
Plan Name Per Order Executed
Plan Description This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. Trade in any segment with competitive brokerage of max Rs 20.
Equity Delivery 10 Rs .1% or Rs 20
Equity Intraday 10 Rs .01% or Rs 20
Equity Futures 10 Rs .01% or Rs 20
Equity Options 10 Rs Rs 20
Currency Futures 10 Rs Rs 20
Currency Options 10 Rs Rs 20
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 fyers

Share Broker's Transaction/Turnover Charges

Compare MyValueTrade vs Fyers Securities - Transaction/Turnover Charges
  MyValueTrade Fyers Securities
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 240 Per Cr
Equity Options Rs 6000 Per Cr Rs 5900 Per Cr
Currency Futures Rs 120 Per Cr Rs 175 Per Cr
Currency Options Rs 4200 Per Cr Rs 6500 Per Cr
Commodity 0.0025% NA

Trading Features

Compare MyValueTrade vs Fyers Securities - Trading Feature and platform
  MyValueTrade Fyers Securities
3 in 1 Account No No
Mobile Trading Yes Yes
Charting Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
Desktop Trading Platform MVT Trader, MVT Classic Fyers One
Web Trading Platform Fyers Web Trader -
Mobile Trading Platform MVT Mobile Fyers Markets
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


Broker Ratings by Admin

Compare MyValueTrade vs Fyers Securities - Rating
  MyValueTrade Fyers Securities
  9 Customer Reviews    Rate MyValueTrade 4 Customer Reviews    Rate Fyers
Fees Ratings 3.7 3.0
Trading Brokerage Rating 4.0 3.8
Trading Platform Usability 3.2 4.3
Customer Service Ratings 3.2 4.0
Overall Ratings Rated 3.2 stars Rated 3.8 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews Fyers is Rated 3.8 / 5 based on 4 customer reviews

Investment Services

Compare MyValueTrade vs Fyers Securities - Investment Options
  MyValueTrade Fyers Securities
Stock / Equity Yes Yes
Commodity No No
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds No Yes
Bond / NCD No No
Debt No No
Other Investment Options

Customer Service Offered

Compare MyValueTrade vs Fyers Securities - Customer Service Offerance
  MyValueTrade Fyers Securities
24/7 Customer Service No No
Email Support Yes Yes
Onine Live Chat Yes No
Phone Support Yes Yes
Toll Free Number No No
Through Branches No No

Tips/Research/Reports Published

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


Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Fyers Securities - Special Offers and Promotion
  MyValueTrade Fyers Securities

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...

  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. More Advantages...


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

More Disadvantages...

  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

More Disadvantages...

Special Offers/Promo
Enquire about MyValueTrade Enquire about Fyers

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



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)


angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction


Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam