ICICIDirect Vs MyValueTrade
Here we present 1 on 1 comparison of ICICI Securities Pvt Ltd. 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 ICICIDirect 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 ICICI Securities Pvt Ltd. vs MyValueTrade - Broker type and exchange supported
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Overall Rating |
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| Brokerage Charges |
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| Trading Platform |
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| Investments Offering |
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| Customer Service |
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Broker Type
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Full Service Broker |
Discount Broker |
| Exchanges Supported
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BSE, NSE |
BSE, NSE, MCX |
| Broker Overview |
ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove...  |
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 |
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Account Opening Charges and AMC
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Trading and Demat Account Charges
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Trading Account Opening Fees
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Free(trading+Demat+Saving) |
Rs 555 |
| Trading AMC
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NIL |
Nil |
| Demat Account Opening Fees
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NIL |
NIL |
| Demat AMC
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Rs 600(free for 1st year) |
400 Rs Per Year (First year free) |
| Provide DP Service
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About Brokerage Plans
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Plan Options
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Monthly Plans
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| Yearly Plans
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Contact Broker / Request A Call Back
Brokerage Charges
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Brokerage Charges
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Plan Name
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3-in-1 Account (I-Secure Plan) |
Per Order Executed |
| Plan Description
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This is a fixed brokerage plan irrespective of turnover volume best suited for casual traders. |
This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. |
| Equity Delivery
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0.55% |
10 Rs |
| Equity Intraday
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0.05 - .03% |
10 Rs |
| Equity Futures
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0.05 - 0.03% |
10 Rs |
| Equity Options
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Rs 95 - Rs 35 per lot |
10 Rs |
| Currency Futures
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0.05% - 0.03% |
10 Rs |
| Currency Options
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Rs 25 - Rs 10 per lot |
10 Rs |
| Commodity Trading
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NA |
10 Rs |
| Minimum Brokerage
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Rs 35 per trade |
Rs 10 or .01% whichever is lower |
| Brokerage Calculator |
Brokerage Calculator for icicidirect |
Brokerage Calculator for my-value-trade |
Share Broker's Transaction/Turnover Charges
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Transaction/Turnover Charges
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Equity Delivery
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Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Intraday
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Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Futures
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Rs 190 Per Cr |
Rs 300 Per Cr |
| Equity Options
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Rs 5000 Per Cr |
Rs 6000 Per Cr |
| Currency Futures
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Rs 100 Per Cr |
Rs 120 Per Cr |
| Currency Options
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Rs 4000 Per Cr |
Rs 4200 Per Cr |
| Commodity
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NA |
0.0025% |
| Brokerage Charges |
Complete Brokerage Plans for icicidirect |
Complete Brokerage Plans for my-value-trade |
Trading Features
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Trading Feature and platform
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| After Trading Hour Orders
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| Good Till Cancelled (GTC)
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Combined Ledger for Equity and Commodity
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| Intraday Square-off Time
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3:15PM |
3:15PM |
| NRI Trading
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| Other Features
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Trading Platform
Broker Ratings by Users
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Rating
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ICICI Securities Pvt Ltd. |
MyValueTrade |
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264 Customer Reviews  |
9 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews |
MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews |
Investment Services
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Investment Options
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Equity Cash and F&O
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| Currency Deravitives
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| Commodity
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| Online IPO Application
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| Mutual Funds
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| Bond / NCD
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| Debt
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| ETF
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| Banking
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| Insurance
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| Forex
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| SIP Investment
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| Other Investment Options
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Customer Service Offered
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Customer Service Offerance
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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Tips/Research/Reports Published
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Research, Tips Reports
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Demat Account
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Demat Account
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| DP Source
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CDSL |
NSDL |
| Demat Account Annual Maintenance Charges(AMC)
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Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a. |
NIL |
| Advance Deposit
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Rs. 7500/- , If the client is not having ICICI BANK Account |
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
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Stamp Duty at actuals |
Nil |
| Transaction Charges on Debit (Per ISIN)
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For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-) |
Rs. 12/- for each debit instruction |
| Demat
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Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates |
Rs. 20/- per DRF plus Rs. 3/- per certificate |
| Remat
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Rs. 30 + CDSL actuals |
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
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0.03 % or minimum of Rs. 50/- |
Rs. 50/- |
| Pledge Creation Confirmation
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0.03 % or minimum of Rs. 50/- |
Nil |
| Pledge Closure
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0.03 % or minimum of Rs. 50/- |
Rs. 25/- |
| Pledge Closure Confirmation
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0.03 % or minimum of Rs. 50/- |
Nil |
| Pledge Invocation
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0.03 % or minimum of Rs. 50/- |
Rs. 25/- |
| Failed Instruction Charges
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Rejection/Fails Rs.30/- |
Rs. 20/- per intimation per instruction |
| Other Charges
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a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges. |
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Special Offers,Advantages,Disadvantages
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Special Offers and Promotion
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ICICI Securities Pvt Ltd. |
MyValueTrade |
| Likes
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- 3-in-1 online trading account.
- Rich research offering.
- 24/7 customer service.
- Easy-to-use website.
- Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
- Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.
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
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- Minimum brokerage charges.
- No commodity trading.
- High brokerage.
- Not a good fit for small and penny stock traders.
- Charges for trading terminal usage.
More Disadvantages... |
doesn't provide tips and recommendation; doesn't offer automated trading to its clients. More Disadvantages... |
| Special Offers/Promo
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Enquire about ICICIDirect
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Enquire about MyValueTrade
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