MyValueTrade Vs MDirect

Here we present 1 on 1 comparison of MyValueTrade vs MDirect 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 MDirect'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 MDirect - Broker type and exchange supported
  MyValueTrade MDirect
MyValueTrade Logo MDirect Logo
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. MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price.
Broker Type Discount Broker Discount Broker
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 MDirect. Leave your contact info and we will get in touch with you.

Account Opening Charges and AMC

Compare MyValueTrade vs MDirect - Trading and Demat Account Charges
  MyValueTrade MDirect
Trading Account Opening Fees Rs 555 Rs 500
Trading AMC Nil Nil
Demat Account Opening Fees NIL Rs 200
Demat AMC 400 Rs Per Year (First year free) RS 400/p.a - Waived for 1st year
Own DP Service Yes Yes

About Brokerage Plans

Compare MyValueTrade vs MDirect - Plan Options
  MyValueTrade MDirect
Monthly Plans Yes No
Yearly Plans Yes No

Contact Broker / Request A Call Back

  MyValueTrade MDirect
Contact / Request Call Back

Brokerage Charges

Compare MyValueTrade vs MDirect - Brokerage Charges
  MyValueTrade MDirect
Plan Name Per Order Executed Rs 18 Per Trader Plan
Plan Description This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. Flat Rs 18 Per Trader Plan.
Equity Delivery 10 Rs Rs 18 per executed order
Equity Intraday 10 Rs Rs 18 or 0.01 % whichever is lower
Equity Futures 10 Rs Rs 18 per executed order
Equity Options 10 Rs Rs 18 per executed order
Currency Futures 10 Rs Rs 18 per executed order
Currency Options 10 Rs Rs 18 per executed order
Commodity Trading 10 Rs Rs 18 per executed order
Minimum Brokerage Rs 10 or .01% whichever is lower
Brokerage Calculator Bro Calc for my-value-trade Bro Calc for mdirect

Share Broker's Transaction/Turnover Charges

Compare MyValueTrade vs MDirect - Transaction/Turnover Charges
  MyValueTrade MDirect
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 300 Per Cr Rs 350 Per Cr
Equity Options Rs 6000 Per Cr Rs 8000 Per Cr
Currency Futures Rs 120 Per Cr Rs 215 Per Cr
Currency Options Rs 4200 Per Cr Rs 7000 Per Cr
Commodity 0.0025%

Trading Features

Compare MyValueTrade vs MDirect - Trading Feature and platform
  MyValueTrade MDirect
3 in 1 Account No No
Mobile Trading Yes Yes
Charting Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No No
Desktop Trading Platform MVT Trader, MVT Classic Nest Plus
Web Trading Platform Mdirect Nest Plus
Mobile Trading Platform MVT Mobile Mdirect
SAS Online Review - 3.6*  Rs 999 Unlimited Trades
SAS ReviewEnquire Now
RKSV Review - 4* Rs 20 Per executed order
RKSV ReviewEnquire Now
Zerodha Review- Rated 4.5* Rs 20Per executed order
Zerodha ReviewEnquire Now
trade smart onlin review - 3.6*  Rs 15 Per executed order
TSO ReviewEnquire Now


Broker Ratings by Admin

Compare MyValueTrade vs MDirect - Rating
  MyValueTrade MDirect
  9 Customer Reviews    Rate MyValueTrade Customer Reviews    Rate MDirect
Fees Ratings 3.7
Trading Brokerage Rating 4.0
Trading Platform Usability 3.2
Customer Service Ratings 3.2
Overall Ratings Rated 3.2 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews

Investment Services

Compare MyValueTrade vs MDirect - Investment Options
  MyValueTrade MDirect
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds No No
Bond / NCD No No
Debt No No
Other Investment Options NA

Customer Service Offered

Compare MyValueTrade vs MDirect - Customer Service Offerance
  MyValueTrade MDirect
24/7 Customer Service No Yes
Email Support Yes Yes
Onine Live Chat Yes Yes
Phone Support Yes Yes
Toll Free Number No Yes
Through Branches No No

Tips/Research/Reports Published

Compare MyValueTrade vs MDirect - Research, Tips Reports
  MyValueTrade MDirect
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes


Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs MDirect - Special Offers and Promotion
  MyValueTrade MDirect

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...

  • In house research reports
  • Workshops/ seminars/ webinars to educate traders.
  • Simple and transparent Pricing.
  • Well researched professional guidance.
  • Multiple Segments and Exchanges on same trading Window.

More Advantages...


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

More Disadvantages...

  • No referral program
  • No advance tools or technology
  • No monthly and yearly plans
  • doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
  • Margin funding and NRI tradingis not available

More Disadvantages...

Special Offers/Promo
Enquire about MyValueTrade Enquire about MDirect

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

Flat Rs 20 Per Trade for F&O



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)


angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction


Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam