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
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
|
|
|
|
 |
 |
| 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 Type
|
Full Service Broker |
Discount Broker |
| Exchanges Supported
|
BSE, NSE |
BSE, NSE, MCX |
| Broker Enquiry |
 |
|
Account Opening Charges and AMC
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Trading and Demat Account Charges
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| Trading Account Opening Fees
|
Free(trading+Demat+Saving) |
Rs 555 |
| Trading AMC
|
NIL |
Nil |
| Demat Account Opening Fees
|
NIL |
NIL |
| Demat AMC
|
Rs 600(free for 1st year) |
400 Rs Per Year (First year free) |
| Own DP Service
|
 |
|
About Brokerage Plans
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Plan Options
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| Monthly Plans
|
 |
|
| Yearly Plans
|
|
|
Contact Broker / Request A Call Back
Brokerage Charges
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Brokerage Charges
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| Plan Name
|
3-in-1 Account (I-Secure Plan) |
Per Order Executed |
| Plan Description
|
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
|
0.55% |
10 Rs |
| Equity Intraday
|
0.05 - .03% |
10 Rs |
| Equity Futures
|
0.05 - 0.03% |
10 Rs |
| Equity Options
|
Rs 95 - Rs 35 per lot |
10 Rs |
| Currency Futures
|
0.05% - 0.03% |
10 Rs |
| Currency Options
|
Rs 25 - Rs 10 per lot |
10 Rs |
| Commodity Trading
|
NA |
10 Rs |
| Minimum Brokerage
|
Rs 35 per trade |
Rs 10 or .01% whichever is lower |
| Brokerage Calculator |
Bro Calc for icicidirect |
Bro Calc for my-value-trade |
Share Broker's Transaction/Turnover Charges
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Transaction/Turnover Charges
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| Equity Delivery
|
Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Intraday
|
Rs 325 Per Cr |
Rs 325 Per Cr |
| Equity Futures
|
Rs 190 Per Cr |
Rs 300 Per Cr |
| Equity Options
|
Rs 5000 Per Cr |
Rs 6000 Per Cr |
| Currency Futures
|
Rs 100 Per Cr |
Rs 120 Per Cr |
| Currency Options
|
Rs 4000 Per Cr |
Rs 4200 Per Cr |
| Commodity
|
NA |
0.0025% |
Trading Features
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Trading Feature and platform
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| 3 in 1 Account
|
|
|
| Mobile Trading
|
|
|
| Charting
|
|
|
| SMS Alerts
|
|
|
| Online Demo
|
|
|
| Online Portfolio
|
|
|
| Desktop Trading Platform
|
Trade Racer |
MVT Trader, MVT Classic |
| Web Trading Platform
|
ICICIDIRECT.com |
https://direct.mastermarts.com/ |
| Mobile Trading Platform
|
ICICIDirect Lite |
MVT Mobile |
Broker Ratings by Admin
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Rating
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| |
260 Customer Reviews  |
9 Customer Reviews |
| Fees Ratings |
 |
 |
| Trading Brokerage Rating |
 |
 |
| Trading Platform Usability |
 |
 |
| Customer Service Ratings |
 |
|
| Overall Ratings |
 |
|
| Broker Rating |
ICICIDirect is Rated 2.5 / 5 based on 260 customer reviews |
MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews |
Investment Services
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Investment Options
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| Stock / Equity
|
|
|
| Commodity
|
|
|
| Currency
|
|
|
| Initial Public Offers (IPO)
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| Other Investment Options
|
|
|
Customer Service Offered
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Customer Service Offerance
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| 24/7 Customer Service
|
|
|
| Email Support
|
|
|
| Onine Live Chat
|
|
|
| Phone Support
|
|
|
| Toll Free Number
|
|
|
| Through Branches
|
|
|
Tips/Research/Reports Published
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Research, Tips Reports
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Special Offers,Advantages,Disadvantages
Compare ICICI Securities Pvt Ltd. vs MyValueTrade - Special Offers and Promotion
| |
ICICI Securities Pvt Ltd. |
MyValueTrade |
| Likes
|
- 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
|
- 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
|
|
|
| |
|
|
|
Enquire about ICICIDirect |
Enquire about MyValueTrade |
Angel Broking