Fyers Vs MyValueTrade

The brokerage of Fyers Securities Max Rs 20 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. Fyers Securities is having overall higher rating compare to MyValueTrade.Fyers Securities is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.

Here we present 1 on 1 comparison of Fyers Securities 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 Fyers 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 Fyers Securities vs MyValueTrade - Broker type and exchange supported
  Fyers Securities Logo
Fyers Securities
MyValueTrade Logo
MyValueTrade
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE BSE, NSE, MCX
Broker Overview 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. 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 Fyers. 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 Fyers Securities vs MyValueTrade - Trading and Demat Account Charges
  Fyers Securities MyValueTrade
Trading Account Opening Fees What is this parameter? NIL Rs 555
Trading AMC What is this parameter? NIL Nil
Demat Account Opening Fees What is this parameter? NIL NIL
Demat AMC What is this parameter? Rs 400 400 Rs Per Year (First year free)
Provide DP Service What is this parameter? No Yes
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About Brokerage Plans

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

  Fyers Securities MyValueTrade
Contact / Request Call Back
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Brokerage Charges

Compare Fyers Securities vs MyValueTrade - Brokerage Charges
  Fyers Securities MyValueTrade
Plan Name What is this parameter? Rs 20 Plan Per Order Executed
Plan Description What is this parameter? Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments. This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
Equity Delivery What is this parameter? Free 10 Rs
Equity Intraday What is this parameter? .01% or Rs 20 10 Rs
Equity Futures What is this parameter? .01% or Rs 20 10 Rs
Equity Options What is this parameter? Rs 20 10 Rs
Currency Futures What is this parameter? Rs 20 10 Rs
Currency Options What is this parameter? Rs 20 10 Rs
Commodity Trading What is this parameter? NA 10 Rs
Minimum Brokerage What is this parameter? Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for fyers Brokerage Calculator for my-value-trade
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Share Broker's Transaction/Turnover Charges

Compare Fyers Securities vs MyValueTrade - Transaction/Turnover Charges
  Fyers Securities MyValueTrade
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 240 Per Cr Rs 300 Per Cr
Equity Options What is this parameter? Rs 5900 Per Cr Rs 6000 Per Cr
Currency Futures What is this parameter? Rs 175 Per Cr Rs 120 Per Cr
Currency Options What is this parameter? Rs 6500 Per Cr Rs 4200 Per Cr
Commodity What is this parameter? NA 0.0025%
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for my-value-trade
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Trading Features

Compare Fyers Securities vs MyValueTrade - Trading Feature and platform
  Fyers Securities MyValueTrade
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes Yes
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? No No
Margin Trading Funding Available What is this parameter? No Yes
Combined Ledger for Equity and Commodity What is this parameter? No Yes
Intraday Square-off Time What is this parameter? 3:15PM 3:15PM
NRI Trading What is this parameter? No No
Other Features What is this parameter?
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Trading Platform

Compare Fyers Securities vs MyValueTrade - Trading Platform
  Fyers Securities MyValueTrade
Desktop Trading Platform What is this parameter? Fyers One MVT Trader, MVT Classic
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? Fyers Web Trader -http://webtrader.fyers.in/userMaster/login https://direct.mastermarts.com/
Mobile Site What is this parameter? No No
Mobile Trading What is this parameter? Yes Yes
Mobile Trading App What is this parameter? Fyers Markets MVT Mobile
Android Mobile App What is this parameter? Yes Yes
iPhone Mobile App (IOS) What is this parameter? Yes No
Android Tablet App What is this parameter? Yes Yes
iPad App (IOS) What is this parameter? Yes No
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare Fyers Securities vs MyValueTrade - Rating
  Fyers Securities MyValueTrade
  5 Customer Reviews    Rate Fyers 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.4 3.7
Trading Brokerage Rating 3.8 4.0
Trading Platform Usability 4.2 3.2
Customer Service Ratings 4.0 3.2
Overall Ratings Rated 3.8 stars Rated 3.2 stars
Broker Rating Fyers is Rated 3.8 / 5 based on 5 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
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Investment Services

Compare Fyers Securities vs MyValueTrade - Investment Options
  Fyers Securities MyValueTrade
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 No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
ETF What is this parameter? Yes Yes
Banking What is this parameter? No No
Insurance What is this parameter? No No
Forex What is this parameter? No No
SIP Investment What is this parameter? No No
Other Investment Options What is this parameter?
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Customer Service Offered

Compare Fyers Securities vs MyValueTrade - Customer Service Offerance
  Fyers Securities MyValueTrade
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? No Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No No
Through Branches What is this parameter? No No
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Tips/Research/Reports Published

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

Compare Fyers Securities vs MyValueTrade - Demat Account
  Fyers Securities MyValueTrade
DP Source CDSL NSDL
Demat Account Annual Maintenance Charges(AMC) 400 - Individual, 500 - Non Individual 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) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders] Rs. 12/- for each debit instruction
Demat 2 per certificate + Rs.35 courier charges Rs. 20/- per DRF plus Rs. 3/- per certificate
Remat Rs 25 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 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs. 50/-
Pledge Creation Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Nil
Pledge Closure 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs. 25/-
Pledge Closure Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Nil
Pledge Invocation 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually Rs. 25/-
Failed Instruction Charges Rs 30 per transaction Rs. 20/- per intimation per instruction
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

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

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
  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...

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

More Disadvantages...

Special Offers/Promo
Enquire about Fyers 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



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