11 MyValueTrade Vs IDBI Direct Share Brokers Comparison 2018

MyValueTrade Vs IDBI Direct

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of IDBI Capital ranges between .08 to .5%. MyValueTrade is a Discount Broker where IDBI Capital is a Full Service Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5.

Here we present 1 on 1 comparison of MyValueTrade vs IDBI Capital 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 IDBI 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 IDBI Capital - Broker type and exchange supported
  MyValueTrade Logo
MyValueTrade
IDBI Capital Logo
IDBI Capital
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE
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. IDBI Capital provides well rounded services like 3 in 1 account, support to NRIs, research reports and analytical tools but comes with subscription fee thus not suitable for casual trader. But it can suit active investors with its competitive broker...Know more about IDBI Capital
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 IDBI Direct. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare MyValueTrade vs IDBI Capital - Trading and Demat Account Charges
  MyValueTrade IDBI Capital
Trading Account Opening Fees MyValueTrade vs IDBI Capital - Trading Account Opening Fees Rs 555 Rs 700
Trading AMC MyValueTrade vs IDBI Capital - Trading Account AMC Free Free
Demat Account Opening Fees MyValueTrade vs IDBI Capital - Demat Account Opening Fees Free Free
Demat AMC MyValueTrade vs IDBI Capital - Demat Account AMC Rs 400 PA (Waived for 1st year) Rs 350 PA
Provide DP Service MyValueTrade vs IDBI Capital - Damat Account Mandatory Yes Yes
Expand

About Brokerage Plans

Compare MyValueTrade vs IDBI Capital - Plan Options
  MyValueTrade IDBI Capital
Multiple Plans What is this parameter? Yes No
Monthly Plans MyValueTrade vs IDBI Capital - Monthly Brokerage Plan Yes No
Yearly Plans MyValueTrade vs IDBI Capital - Yearly Brokerage Plan Yes No
Expand

Contact Broker / Request A Call Back

  MyValueTrade IDBI Capital
Contact / Request Call Back
Expand

Brokerage Charges

Compare MyValueTrade vs IDBI Capital - Brokerage Charges
  MyValueTrade IDBI Capital
Plan Name MyValueTrade vs IDBI Capital - Per Order Executed Flexi Gold  Brokerage Plan
Plan Description MyValueTrade vs IDBI Capital - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months.
Equity Delivery MyValueTrade vs IDBI Capital - Cash Delivery Brokerage Flat Fee Rs 10 0.5% or 50 paisa
Equity Intraday MyValueTrade vs IDBI Capital - Cash Intraday Brokerage Flat Fee Rs 10 0.08% or 8 paisa
Equity Futures MyValueTrade vs IDBI Capital - F&O Segment - Futures Brokerage Flat Fee 10 Rs 0.08% or 8 paisa
Equity Options MyValueTrade vs IDBI Capital - F&O Segment - Options Brokerage Flat Fee Rs 10 Rs 100 Per Lot
Currency Futures MyValueTrade vs IDBI Capital - Currency Futures Trading Brokerage Flat Fee 10 Rs 0.08% or 8 paisa
Currency Options MyValueTrade vs IDBI Capital - Currency Options Trading Brokerage Flat Fee Rs 10 Rs 100 Per Lot
Commodity Trading MyValueTrade vs IDBI Capital - Commodity Trading Brokerage Flat Fee 10 Rs NA
Minimum Brokerage MyValueTrade vs IDBI Capital - Rs 10 or .01% whichever is lower Rs 25 per trade or 2.5% of the trade value whichever is lower.
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for IDBI Capital
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin Calculator for IDBI Capital
Expand

Share Broker's Transaction/Turnover Charges

Compare MyValueTrade vs IDBI Capital - Transaction/Turnover Charges
  MyValueTrade IDBI Capital
Equity Delivery MyValueTrade vs IDBI Capital - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday MyValueTrade vs IDBI Capital - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures MyValueTrade vs IDBI Capital - Equity Futures Transaction Charges Rs 300 Per Cr Rs 190 Per Cr
Equity Options MyValueTrade vs IDBI Capital - Equity Options Transaction Charges Rs 6000 Per Cr Rs 5100 Per Cr
Currency Futures MyValueTrade vs IDBI Capital - Rs 120 Per Cr Rs 110 Per Cr
Currency Options MyValueTrade vs IDBI Capital - Rs 4200 Per Cr Rs 4000 Per Cr
Commodity MyValueTrade vs IDBI Capital - Commodity Transaction Charges Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for idbicapital
Expand

Trading Features

Compare MyValueTrade vs IDBI Capital - Trading Feature and platform
  MyValueTrade IDBI Capital
3 in 1 Account MyValueTrade vs IDBI Capital - Account Type? No MyValueTrade have 2-in-1 account. Only Demate and Trading account. Yes, MyValueTrade have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting MyValueTrade vs IDBI Capital - Advance Charting Yes Yes
Algo Trading MyValueTrade vs IDBI Capital - Algo Trading Yes No
After Trading Hour Orders MyValueTrade vs IDBI Capital - After market Orders Yes Yes
Good Till Cancelled (GTC) MyValueTrade vs IDBI Capital - GTC Orders Yes Yes
SMS Alerts MyValueTrade vs IDBI Capital - SMS Alerts Yes Yes
Online Demo MyValueTrade vs IDBI Capital - Online Demo Yes Yes
Online Portfolio MyValueTrade vs IDBI Capital - Portfolio Service No Yes
Margin Trading Funding Available MyValueTrade vs IDBI Capital - Margin Funding Yes Yes
Combined Ledger for Equity and Commodity MyValueTrade vs IDBI Capital - Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time MyValueTrade vs IDBI Capital - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading MyValueTrade vs IDBI Capital - NRI Trading No Yes
Other Features MyValueTrade vs IDBI Capital -
Expand

Trading Platform

Compare MyValueTrade vs IDBI Capital - Trading Platform
  MyValueTrade IDBI Capital
Desktop Trading Platform MyValueTrade vs IDBI Capital - Trading terminal MVT Trader, MVT Classic Power Pro
Desktop Platform (Windows) MyValueTrade vs IDBI Capital - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) MyValueTrade vs IDBI Capital - MAC Trading Terminal No No
Web Trading Platform MyValueTrade vs IDBI Capital - Web Trading Platform Yes Yes
Web Trading Detail MyValueTrade vs IDBI Capital - Trading Website https://direct.mastermarts.com/ https://trade.idbicapital.com/
Mobile Site MyValueTrade vs IDBI Capital - Trading Site for Mobile No No
Mobile Trading MyValueTrade vs IDBI Capital - Mobile App Yes Yes
Mobile Trading App MyValueTrade vs IDBI Capital - Name Of Mobile App MVT Mobile IDBI Direct mobile App
Android Mobile App MyValueTrade vs IDBI Capital - Android Mobile App Yes Yes
iPhone Mobile App (IOS) MyValueTrade vs IDBI Capital - No Yes
Android Tablet App MyValueTrade vs IDBI Capital - Android Tablet App Yes Yes
iPad App (IOS) MyValueTrade vs IDBI Capital - No Yes
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for idbicapital

Expand

Broker Ratings by Users

Compare MyValueTrade vs IDBI Capital - Rating
  MyValueTrade IDBI Capital
  9 Customer Reviews    Rate MyValueTrade 30 Customer Reviews    Rate IDBI Direct
Fees Ratings 3.7 3.0
Trading Brokerage Rating 4.0 2.4
Trading Platform Usability 3.2 2.5
Customer Service Ratings 3.2 2.8
Overall Ratings Rated 3.2 stars Rated 2.7 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews IDBI Direct is Rated 2.7 / 5 based on 30 customer reviews
Expand

Investment Services

Compare MyValueTrade vs IDBI Capital - Investment Options
  MyValueTrade IDBI Capital
Equity Cash and F&O MyValueTrade vs IDBI Capital - Equity and Equity derivatives Yes Yes
Currency Deravitives MyValueTrade vs IDBI Capital - Currency Trading Yes Yes
Commodity MyValueTrade vs IDBI Capital - Commodity Trading Yes No
Online IPO Application MyValueTrade vs IDBI Capital - Online IPO Investment No Yes
Mutual Funds MyValueTrade vs IDBI Capital - Online Mutual Funds Investment No Yes
Bond / NCD MyValueTrade vs IDBI Capital - Bonds and NCD No Yes
ETF MyValueTrade vs IDBI Capital - ETF Yes Yes
Banking MyValueTrade vs IDBI Capital - Banking Service No Yes
Insurance MyValueTrade vs IDBI Capital - Insurance Service No Yes
Forex MyValueTrade vs IDBI Capital - Forex Trading No No
SIP Investment MyValueTrade vs IDBI Capital - Mutual Fund SIP No Yes
Other Investment Options MyValueTrade vs IDBI Capital -
Expand

Customer Service Offered

Compare MyValueTrade vs IDBI Capital - Customer Service Offerance
  MyValueTrade IDBI Capital
24/7 Customer Service MyValueTrade vs IDBI Capital - 24x7 customer support No No
Email Support MyValueTrade vs IDBI Capital - Email Support Yes Yes
Onine Live Chat MyValueTrade vs IDBI Capital - Onine Live Chat Yes No
Phone Support MyValueTrade vs IDBI Capital - Phone Support Yes Yes
Toll Free Number MyValueTrade vs IDBI Capital - Toll Free Number No Yes
Through Branches MyValueTrade vs IDBI Capital - Through Branches No Yes
Expand

Tips/Research/Reports Published

Compare MyValueTrade vs IDBI Capital - Research, Tips Reports
  MyValueTrade IDBI Capital
Research Mutual Funds MyValueTrade vs IDBI Capital - Research Mutual Funds No Yes
Research Equity Reports MyValueTrade vs IDBI Capital - Research Equity Reports No Yes
Research ETF MyValueTrade vs IDBI Capital - Research ETF No Yes
Daily Market Report MyValueTrade vs IDBI Capital - Daily Market Report No Yes
Free Tips MyValueTrade vs IDBI Capital - Free Tips No Yes
Quarterly Result Analysis MyValueTrade vs IDBI Capital - Quarterly Results No Yes
News Alerts MyValueTrade vs IDBI Capital - No Yes
Expand

Demat Account

Compare MyValueTrade vs IDBI Capital - Demat Account
  MyValueTrade IDBI Capital
DP Source NSDL CDSL
Demat Account Annual Maintenance Charges(AMC) NIL Rs. 450/- p.a ( Rs. 400/- for customers receiving statements by e-mail) Senior citizens ? Rs. 350/- p.a
Advance Deposit 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 NO
Statutory charges Nil NO
Transaction Charges on Debit (Per ISIN) Rs. 12/- for each debit instruction 0.04% of market value or Rs30/- per Transaction whichever is higher
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate Rs5 per certificate Plus Rs 40 postage
Remat Rs. 20/- per every 100 securities or part thereof; or a flat fee of Rs. 20/- per certificate which ever is higher is payable Rs.20/- for every hundred securities or Flat fee of Rs.20/- per certificate whichever is higher
Pledge Creation Rs. 50/- 0.05% of market value or Rs.50/- per transaction whichever is higher
Pledge Creation Confirmation Nil NIL
Pledge Closure Rs. 25/- 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Closure Confirmation Nil 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Invocation Rs. 25/- 0.15% of market value or Rs.25/- per transaction
Failed Instruction Charges Rs. 20/- per intimation per instruction nil
Other Charges NIL

Expand

Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs IDBI Capital - Special Offers and Promotion
  MyValueTrade IDBI Capital
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...

3 in 1 service provider; new user friendly design and content layout on new portal idbidirect.in, investment offerings for NRIs

More Advantages...

Dislikes

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

More Disadvantages...

Commodities & Currency trading is not available, minimum brokerage charges, technical issues with trading platforms

More Disadvantages...

Special Offers/Promo
Enquire about MyValueTrade Enquire about IDBI Direct

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



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



Search topsharebrokers.com:

Translate topsharebrokers.com: