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MyValueTrade Vs Mangal Keshav: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Mangal Keshav ranges between 0.03% to 0.30%. MyValueTrade is a Discount Broker where Mangal Keshav is a Full Service Broker. MyValueTrade is having overall higher rating compare to Mangal Keshav. MyValueTrade is rated 3.5 out of 5 where Mangal Keshav is rated only 3 out of 5. Number of active customer for Mangal Keshav is 7,062 where number of active customer for MyValueTrade is . Mangal Keshav is serving more customer compare to MyValueTrade.

Here we present side-by-side comparison of MyValueTrade vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared MyValueTrade vs Mangal Keshav's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of MyValueTrade vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared MyValueTrade vs Mangal Keshav's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare MyValueTrade vs Mangal Keshav on Service

  MyValueTrade Compare
MyValueTrade
Mangal Keshav Compare
Mangal Keshav
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? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 7,062
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. Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...Know more about Mangal Keshav
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare MyValueTrade vs Mangal Keshav on Trading & Demat Account Opening Charges

Comparison of MyValueTrade with Mangal Keshav on trading & demat account opening charges and AMC. Trading account opening charges - Mangal Keshav offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Mangal Keshav charges Rs 750 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with Mangal Keshav
Charges MyValueTrade Mangal Keshav
Trading Account Opening Fees Rs 555 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 750 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Mangal Keshav on Plan Options

Plans are the most important feature you look when compare MyValueTrade with Mangal Keshav. This section compare on high level about type of plans offered by brokers. Multiple Plans - MyValueTrade provide Multiple Plans where Mangal Keshav doesn't offer. Monthly Plans - MyValueTrade provide Monthly Plans where Mangal Keshav doesn't offer

Compare MyValueTrade with Mangal Keshav on Plan Options
Plan Types MyValueTrade Mangal Keshav
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans Yes No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs Mangal Keshav on Brokerage Charges

MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

Brokerage Charges - Compare MyValueTrade with Mangal Keshav
Brokerage Charges Compare MyValueTrade Mangal Keshav
Plan Name Flat Fee Rs 10 Trading Plan Standard Brokerage Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 10 0.30% or 30 paisa
Equity Intraday Flat Fee Rs 10 0.03% or 3 paisa
Equity Futures Flat Fee 10 Rs 0.03% or 3 paisa
Equity Options Flat Fee Rs 10 Rs 100 Per Lot
Currency Futures Flat Fee 10 Rs 0.03% or 3 paisa
Currency Options Flat Fee Rs 10 Rs 50 Per Lot
Commodity Trading Flat Fee 10 Rs 0.03% or 3 paisa
Minimum Brokerage Rs 10 or .01% whichever is lower NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for Mangal Keshav
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Share Broker's Transaction Charges

Compare MyValueTrade vs Mangal Keshav on Transaction Charges

Compare MyValueTrade with Mangal Keshav on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with Mangal Keshav
Transaction Charges Compare MyValueTrade Mangal Keshav
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for mangal-keshav
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Account Features

Compare MyValueTrade vs Mangal Keshav on Account Features

Compare MyValueTrade with Mangal Keshav on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Mangal Keshav offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - MyValueTrade with Mangal Keshav
Account Features Compare MyValueTrade Mangal Keshav
3 in 1 Account No MyValueTrade have 2-in-1 account. Only Demate and Trading account. No MyValueTrade have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs Mangal Keshav on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and Mangal Keshav. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare MyValueTrade with Mangal Keshav
Trading Platform Compare MyValueTrade Mangal Keshav
Desktop Trading Platform MVT Trade Mangal Trader
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ Mangal Keshav Web Trading Platform
Web Trading Demo Info Not Available Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile Mangal Trader
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod Mangal Trader Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS Mangal Trader Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for Mangal Keshav
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Mangal Keshav
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Mangal Keshav
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for mangal-keshav

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Broker Ratings by Users

Compare MyValueTrade vs Mangal Keshav on User Rating

  MyValueTrade Mangal Keshav
  10 Customer Reviews    Rate MyValueTrade 1 Customer Reviews    Rate Mangal Keshav
Fees Ratings 3.7 5.0
Trading Brokerage Rating 4.0 5.0
Trading Platform Usability 3.4 4.0
Customer Service Ratings 3.4 4.0
Overall Ratings 3.4 5.0
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare MyValueTrade vs Mangal Keshav on Investment Offerings

Compare MyValueTrade with Mangal Keshav on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Mangal Keshav offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare MyValueTrade with Mangal Keshav
Investment Offerings Compare MyValueTrade Mangal Keshav
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare MyValueTrade vs Mangal Keshav on Order Types

Order Type - Compare MyValueTrade with Mangal Keshav on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare MyValueTrade with Mangal Keshav
Order Type Compare MyValueTrade Mangal Keshav
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare MyValueTrade vs Mangal Keshav on Customer Service

Compare MyValueTrade with Mangal Keshav on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare MyValueTrade with Mangal Keshav
Customer Service Compare MyValueTrade Mangal Keshav
24/7 Customer Service MyValueTrade vs Mangal Keshav - 24x7 customer support No No
Email Support MyValueTrade vs Mangal Keshav - Email Support Yes Yes
Onine Live Chat MyValueTrade vs Mangal Keshav - Onine Live Chat Yes No
Phone Support MyValueTrade vs Mangal Keshav - Phone Support Yes Yes
Toll Free Number MyValueTrade vs Mangal Keshav - Toll Free Number No Yes
Through Branches MyValueTrade vs Mangal Keshav - Through Branches No Yes
Customer Care Number MyValueTrade vs Mangal Keshav - Customer Care Number Info Not Available +91 22 6190 8000
Account Opening Process MyValueTrade vs Mangal Keshav - Account Opening Process Info Not Available Info Not Available
Customer Support Email MyValueTrade vs Mangal Keshav - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs Mangal Keshav - Knowledge Center/Education Info Not Available https://www.mangalkeshav.com/knowledge-panel
Head Office Address MyValueTrade vs Mangal Keshav - Head Office Address/Corporate Address Info Not Available Info Not Available
Website MyValueTrade vs Mangal Keshav - Company Website Info Not Available https://www.mangalkeshav.com/
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Tips/Research/Reports Published

Compare MyValueTrade vs Mangal Keshav on Research Reports, Tips

Compare MyValueTrade with Mangal Keshav on research reports and tips provided by the broker.

Research Reports - Compare MyValueTrade with Mangal Keshav
  MyValueTrade Mangal Keshav
Research Mutual Funds MyValueTrade vs Mangal Keshav - Research Mutual Funds No Yes
Research Equity Reports MyValueTrade vs Mangal Keshav - Research Equity Reports No Yes
Research ETF MyValueTrade vs Mangal Keshav - Research ETF No Yes
Daily Market Report MyValueTrade vs Mangal Keshav - Daily Market Report No Yes
Free Tips MyValueTrade vs Mangal Keshav - Free Tips No Yes
Quarterly Result Analysis MyValueTrade vs Mangal Keshav - Quarterly Results No Yes
News Alerts MyValueTrade vs Mangal Keshav - No Yes
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Demat Account

Compare MyValueTrade vs Mangal Keshav on Demat Account

Compare MyValueTrade with Mangal Keshav on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Mangal Keshav is ₹1000 Refundable deposit where for MyValueTrade is ₹300 pa (Second year onwards).

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for MyValueTrade is ₹15 where for Mangal Keshav is 0.05% of transaction value (Min ₹100).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare MyValueTrade with Mangal Keshav
  MyValueTrade Mangal Keshav
DP Source NSDL CDSL
DP ID MyValueTrade vs Mangal Keshav - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards) ₹1000 Refundable deposit
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 Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 0.05% of transaction value (Min ₹100)
Demat ₹3 per certificate + ₹20 per DFR ₹100 per certificate + ₹150 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹100 per certificate + ₹150 courier charges + CDSL charges
Pledge Creation ₹50 per transaction 0.02% of transaction value + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction 0.02% of transaction value + CDSL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction 0.02% of transaction value + CDSL charges
Failed Instruction Charges ₹20 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Mangal Keshav on Special Offers and Promotion

Compare MyValueTrade with Mangal Keshav on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare MyValueTrade vs Mangal Keshav on Special Offers and Promotion
  MyValueTrade Mangal Keshav
Pay In and Pay Out Options MyValueTrade vs Mangal Keshav - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time MyValueTrade vs Mangal Keshav - Payout Time Info Not Available Info Not Available
Bank Supported and Charges MyValueTrade vs Mangal Keshav - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Detail Review...

  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

Detail Review...

Dislikes

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

Detail Review...

  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

Detail Review...

Special Offers/Promo
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Last Updated on 2019-07-08T23:37:28+00:00