MyValueTrade Vs Karvy

Here we present 1 on 1 comparison of MyValueTrade vs Karvy Stock Broking 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 Karvy'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 Karvy Stock Broking - Broker type and exchange supported
  MyValueTrade Logo
MyValueTrade
Karvy Stock Broking Logo
Karvy Stock Broking
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 NSE,BSE,MCX-SX,MCX,NCDEX
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. KSBL is one of the largest stock broking houses in India offering services in stock broking, depository participant, distribution of financial products, advisory and private client group. The Broker is well known for its leading edge advice and high ...Know more about Karvy Stock Broking
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 Karvy. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs Karvy Stock Broking - Trading and Demat Account Charges
  MyValueTrade Karvy Stock Broking
Trading Account Opening Fees What is this parameter? Rs 555 Free
Trading AMC What is this parameter? Nil Free
Demat Account Opening Fees What is this parameter? NIL Free
Demat AMC What is this parameter? 400 Rs Per Year (First year free) Rs 500
Provide DP Service What is this parameter? Yes Yes
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About Brokerage Plans

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

  MyValueTrade Karvy Stock Broking
Contact / Request Call Back
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Brokerage Charges

Compare MyValueTrade vs Karvy Stock Broking - Brokerage Charges
  MyValueTrade Karvy Stock Broking
Plan Name What is this parameter? Per Order Executed Basic Plan
Plan Description What is this parameter? This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.
Equity Delivery What is this parameter? 10 Rs 0.3%
Equity Intraday What is this parameter? 10 Rs 0.03%
Equity Futures What is this parameter? 10 Rs 0.03%
Equity Options What is this parameter? 10 Rs Rs 50 per lot
Currency Futures What is this parameter? 10 Rs 0.03%
Currency Options What is this parameter? 10 Rs Rs 50 per lot
Commodity Trading What is this parameter? 10 Rs 0.03%
Minimum Brokerage What is this parameter? Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for my-value-trade Brokerage Calculator for karvy
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Share Broker's Transaction/Turnover Charges

Compare MyValueTrade vs Karvy Stock Broking - Transaction/Turnover Charges
  MyValueTrade Karvy Stock Broking
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 300 Per Cr Rs 190 Per Cr
Equity Options What is this parameter? Rs 6000 Per Cr Rs 5000 Per Cr
Currency Futures What is this parameter? Rs 120 Per Cr Rs 110 Per Cr
Currency Options What is this parameter? Rs 4200 Per Cr Rs 4000 Per Cr
Commodity What is this parameter? 0.0025% 0.003%
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for karvy
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Trading Features

Compare MyValueTrade vs Karvy Stock Broking - Trading Feature and platform
  MyValueTrade Karvy Stock Broking
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? No No
Good Till Cancelled (GTC) What is this parameter? No No
SMS Alerts What is this parameter? Yes Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes Yes
Margin Trading Funding Available What is this parameter? Yes
Combined Ledger for Equity and Commodity What is this parameter? Yes Yes
Intraday Square-off Time What is this parameter? 3:15 PM 3:15 PM
NRI Trading What is this parameter? No No
Other Features What is this parameter?
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Trading Platform

Compare MyValueTrade vs Karvy Stock Broking - Trading Platform
  MyValueTrade Karvy Stock Broking
Desktop Trading Platform What is this parameter? MVT Trader, MVT Classic NEST
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? https://direct.mastermarts.com/ KarvyOnline
Mobile Site What is this parameter? No Yes
Mobile Trading What is this parameter? Yes Yes
Mobile Trading App What is this parameter? MVT Mobile Karvy Online Mobile Trading App
Android Mobile App What is this parameter? Yes Yes
iPhone Mobile App (IOS) What is this parameter? No No
Android Tablet App What is this parameter? Yes Yes
iPad App (IOS) What is this parameter? No No
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare MyValueTrade vs Karvy Stock Broking - Rating
  MyValueTrade Karvy Stock Broking
  9 Customer Reviews    Rate MyValueTrade 1 Customer Reviews    Rate Karvy
Fees Ratings 3.7 3.0
Trading Brokerage Rating 4.0 3.0
Trading Platform Usability 3.2 2.0
Customer Service Ratings 3.2 3.0
Overall Ratings Rated 3.2 stars Rated 3.0 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews Karvy is Rated 3.0 / 5 based on 1 customer reviews
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Investment Services

Compare MyValueTrade vs Karvy Stock Broking - Investment Options
  MyValueTrade Karvy Stock Broking
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 Yes
Online IPO Application What is this parameter? No Yes
Mutual Funds What is this parameter? No Yes
Bond / NCD What is this parameter? No Yes
Debt What is this parameter? No Yes
ETF What is this parameter? Yes Yes
Banking What is this parameter? No No
Insurance What is this parameter? No Yes
Forex What is this parameter? No No
SIP Investment What is this parameter? No Yes
Other Investment Options What is this parameter? Insurance
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Customer Service Offered

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

Compare MyValueTrade vs Karvy Stock Broking - Research, Tips Reports
  MyValueTrade Karvy Stock Broking
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 Yes
Free Tips What is this parameter? No Yes
Quarterly Result Analysis What is this parameter? No Yes
News Alerts What is this parameter? No Yes
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Demat Account

Compare MyValueTrade vs Karvy Stock Broking - Demat Account
  MyValueTrade Karvy Stock Broking
DP Source NSDL CDSL
Demat Account Annual Maintenance Charges(AMC) NIL 1) For Individuals other than NRI: Rs. 500/- p.a; 2) For NRI A/c: Rs.1500/- p.a; 3) For Corporate A/c: Rs.5000/- p.a.; 4) For Foreign Corporate Body A/c: Rs.10000/- 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 NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) Rs. 12/- for each debit instruction 1) If sold through KSBL, for "KSBL POA" registered Account: Rs.12/- per instruction; 2) For all other transactions Rs.30/- per instruction upto a value of Rs.30,000/- or part thereof, Rs.10/- for every additional value of Rs.30,000/- or part thereof, subject to Minimum of Rs.30/- and Maximum of Rs.1000/- per instruction; 3) For BSDA Accounts Rs.100/- per instruction; 4) For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs.100/- per instruction
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate 1) Rs. 5 per certificate + Rs.40/- for Postage/Courier charges; 2) For BSDA Accounts: Rs.10/- per certificate + Rs.50/- Postage/Courier charges
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 100 securities or Rs.20/- per certificate whichever is higher
Pledge Creation Rs. 50/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Creation Confirmation Nil 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Closure Rs. 25/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Closure Confirmation Nil 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Invocation Rs. 25/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Failed Instruction Charges Rs. 20/- per intimation per instruction Rs.100/- per instruction
Other Charges 1) Rs.100/- per Demat Rejection ; 2) Rs.100/- per Client Modification Request; 3) Rs.100/- per DIS Lost Request ; 4) Rs.100/- per request for physical statements (SOT/SOH )

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Karvy Stock Broking - Special Offers and Promotion
  MyValueTrade Karvy Stock Broking
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...

Customer centric, leading edge technology, top-notch research team, professional management and a wide network of offices across India.

More Advantages...

Dislikes

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

More Disadvantages...

no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges

More Disadvantages...

Special Offers/Promo
Enquire about MyValueTrade Enquire about Karvy

Guaranteed Save 60% to 90% Brokerage + Taxes

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

Max Rs 20 Per Trade for F&O

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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