11 MDirect Vs MyValueTrade Share Brokers Comparison 2018

MDirect Vs MyValueTrade

The brokerage of MDirect Max Rs 18 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. MDirect is having overall lower rating compare to MyValueTrade.MDirect is rated only 3 out of 5 where MyValueTrade is rated 3.5 out of 5.

Here we present 1 on 1 comparison of MDirect 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 MDirect 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 MDirect vs MyValueTrade - Broker type and exchange supported
  MDirect Logo
MDirect
MyValueTrade Logo
MyValueTrade
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE,NSE,MCX,NCDEX,MSEI BSE, NSE, MCX
Broker Overview 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. 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 Enquiry Open an Online Trading Account with MDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MDirect vs MyValueTrade - Trading and Demat Account Charges
  MDirect MyValueTrade
Trading Account Opening Fees MDirect vs MyValueTrade - Trading Account Opening Fees Rs 500 Rs 555
Trading AMC MDirect vs MyValueTrade - Trading Account AMC Free Free
Demat Account Opening Fees MDirect vs MyValueTrade - Demat Account Opening Fees Rs 200 Free
Demat AMC MDirect vs MyValueTrade - Demat Account AMC Rs 400 PA (Waived for 1st year) Rs 400 PA (Waived for 1st year)
Provide DP Service MDirect vs MyValueTrade - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare MDirect vs MyValueTrade - Plan Options
  MDirect MyValueTrade
Multiple Plans What is this parameter? No Yes
Monthly Plans MDirect vs MyValueTrade - Monthly Brokerage Plan No Yes
Yearly Plans MDirect vs MyValueTrade - Yearly Brokerage Plan No Yes
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Contact Broker / Request A Call Back

  MDirect MyValueTrade
Contact / Request Call Back
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Brokerage Charges

Compare MDirect vs MyValueTrade - Brokerage Charges
  MDirect MyValueTrade
Plan Name MDirect vs MyValueTrade - Rs 18 Per Trader Plan Per Order Executed
Plan Description MDirect vs MyValueTrade - Flat Rs 18 Per Trader Plan. This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
Equity Delivery MDirect vs MyValueTrade - Cash Delivery Brokerage Flat Fee Rs 18 Flat Fee Rs 10
Equity Intraday MDirect vs MyValueTrade - Cash Intraday Brokerage 0.01% or Rs 18 whichever is lower Flat Fee Rs 10
Equity Futures MDirect vs MyValueTrade - F&O Segment - Futures Brokerage 0.01% or Rs 18 whichever is lower Flat Fee 10 Rs
Equity Options MDirect vs MyValueTrade - F&O Segment - Options Brokerage Flat Fee Rs 18 Flat Fee Rs 10
Currency Futures MDirect vs MyValueTrade - Currency Futures Trading Brokerage 0.01% or Rs 18 whichever is lower Flat Fee 10 Rs
Currency Options MDirect vs MyValueTrade - Currency Options Trading Brokerage Flat Fee Rs 18 Flat Fee Rs 10
Commodity Trading MDirect vs MyValueTrade - Commodity Trading Brokerage Flat Fee Rs 18 Flat Fee 10 Rs
Minimum Brokerage MDirect vs MyValueTrade - Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for MDirect Brokerage Calculator for MyValueTrade
SPAN Margin Calculator SPAN Margin Calculator for MDirect SPAN Margin Calculator for MyValueTrade
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Share Broker's Transaction/Turnover Charges

Compare MDirect vs MyValueTrade - Transaction/Turnover Charges
  MDirect MyValueTrade
Equity Delivery MDirect vs MyValueTrade - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday MDirect vs MyValueTrade - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures MDirect vs MyValueTrade - Equity Futures Transaction Charges Rs 350 Per Cr Rs 300 Per Cr
Equity Options MDirect vs MyValueTrade - Equity Options Transaction Charges Rs 8000 Per Cr Rs 6000 Per Cr
Currency Futures MDirect vs MyValueTrade - Rs 215 Per Cr Rs 120 Per Cr
Currency Options MDirect vs MyValueTrade - Rs 7000 Per Cr Rs 4200 Per Cr
Commodity MDirect vs MyValueTrade - Commodity Transaction Charges Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for mdirect Complete Brokerage Plans for my-value-trade
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Trading Features

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

Compare MDirect vs MyValueTrade - Trading Platform
  MDirect MyValueTrade
Desktop Trading Platform MDirect vs MyValueTrade - Trading terminal Nest Plus MVT Trader, MVT Classic
Desktop Platform (Windows) MDirect vs MyValueTrade - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) MDirect vs MyValueTrade - MAC Trading Terminal Yes No
Web Trading Platform MDirect vs MyValueTrade - Web Trading Platform Yes Yes
Web Trading Detail MDirect vs MyValueTrade - Trading Website Mdirect Nest Plus https://direct.mastermarts.com/
Mobile Site MDirect vs MyValueTrade - Trading Site for Mobile Yes No
Mobile Trading MDirect vs MyValueTrade - Mobile App Yes Yes
Mobile Trading App MDirect vs MyValueTrade - Name Of Mobile App Mdirect MVT Mobile
Android Mobile App MDirect vs MyValueTrade - Android Mobile App Yes Yes
iPhone Mobile App (IOS) MDirect vs MyValueTrade - Yes No
Android Tablet App MDirect vs MyValueTrade - Android Tablet App Yes Yes
iPad App (IOS) MDirect vs MyValueTrade - Yes No
Detail Detail on Trading Platforms for mdirect Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare MDirect vs MyValueTrade - Rating
  MDirect MyValueTrade
  Customer Reviews    Rate MDirect 9 Customer Reviews    Rate MyValueTrade
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
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Investment Services

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

Compare MDirect vs MyValueTrade - Customer Service Offerance
  MDirect MyValueTrade
24/7 Customer Service MDirect vs MyValueTrade - 24x7 customer support Yes No
Email Support MDirect vs MyValueTrade - Email Support Yes Yes
Onine Live Chat MDirect vs MyValueTrade - Onine Live Chat Yes Yes
Phone Support MDirect vs MyValueTrade - Phone Support Yes Yes
Toll Free Number MDirect vs MyValueTrade - Toll Free Number Yes No
Through Branches MDirect vs MyValueTrade - Through Branches No No
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Tips/Research/Reports Published

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

Compare MDirect vs MyValueTrade - Demat Account
  MDirect MyValueTrade
DP Source NSDL
Demat Account Annual Maintenance Charges(AMC) NIL
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
Statutory charges Nil
Transaction Charges on Debit (Per ISIN) Rs. 12/- for each debit instruction
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate
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
Pledge Creation Rs. 50/-
Pledge Creation Confirmation Nil
Pledge Closure Rs. 25/-
Pledge Closure Confirmation Nil
Pledge Invocation Rs. 25/-
Failed Instruction Charges Rs. 20/- per intimation per instruction
Other Charges

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Special Offers,Advantages,Disadvantages

Compare MDirect vs MyValueTrade - Special Offers and Promotion
  MDirect MyValueTrade
Likes
  • 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...

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
  • 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...

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

More Disadvantages...

Special Offers/Promo
Enquire about MDirect Enquire about MyValueTrade

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



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