The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Anand Rathi ranges between 0.05 to 0.5%. MyValueTrade is a Discount Broker where Anand Rathi is a Full Service Broker. MyValueTrade is having overall higher rating compare to Anand Rathi. MyValueTrade is rated 3.5 out of 5 where Anand Rathi is rated only 3 out of 5.
Here we present 1 on 1 comparison of MyValueTrade vs Anand Rathi 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 Anand Rathi'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.
 MyValueTrade |
 Anand Rathi |
|
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
|
Discount Broker | Full Service Broker |
| Exchanges Supported
|
BSE, NSE, MCX | NSE, BSE, MCX, NCDEX & NSEL |
| 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. | A Brokerage firm with extensive reach through its wide network of branches and sub brokers. Though not very open in terms of brokerage charges. |
| Broker Enquiry |
|
|
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Trading Account Opening Fees
|
Rs 555 | Rs 750 |
| Trading AMC
|
Nil | Rs 0 |
| Demat Account Opening Fees
|
NIL | Rs 300 |
| Demat AMC
|
400 Rs Per Year (First year free) | Rs 550 |
| Provide DP Service
|
 |
|
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Monthly Plans
|
|
 |
| Yearly Plans
|
|
|
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Contact / Request Call Back |
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Plan Name
|
Per Order Executed | Classic |
| Plan Description
|
This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. | its a basic plan and provide brokers, brokerage are bit higher as .05 to .5% where competitor are charging much less in similar plan.They have Advance plan with monthly fees. |
| Equity Delivery
|
10 Rs | 0.5% - 0.15% |
| Equity Intraday
|
10 Rs | 0.05% -0.015% |
| Equity Futures
|
10 Rs | 0.05% - 0.015% |
| Equity Options
|
10 Rs | 2% - 0.5% (on premium) or Rs.75 to Rs.20 |
| Currency Futures
|
10 Rs | 0.05% - 0.015% |
| Currency Options
|
10 Rs | 2% - 0.5% (on premium) or Rs.75 to Rs.20 |
| Commodity Trading
|
10 Rs | 0.008% - 0.05% |
| Minimum Brokerage
|
Rs 10 or .01% whichever is lower | |
| Brokerage Calculator | Brokerage Calculator for my-value-trade | Brokerage Calculator for anand-rathi-broker |
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Equity Delivery
|
Rs 325 Per Cr | Rs 350 Per Cr |
| Equity Intraday
|
Rs 325 Per Cr | Rs 350 Per Cr |
| Equity Futures
|
Rs 300 Per Cr | Rs 200 Per Cr |
| Equity Options
|
Rs 6000 Per Cr | Rs 6000 Per Cr |
| Currency Futures
|
Rs 120 Per Cr | Rs 120 Per Cr |
| Currency Options
|
Rs 4200 Per Cr | Rs 4200 Per Cr |
| Commodity
|
0.0025% | 0.0035% |
| Brokerage Charges | Complete Brokerage Plans for my-value-trade | Complete Brokerage Plans for anand-rathi-broker |
| MyValueTrade | Anand Rathi | |
|---|---|---|
| 3 in 1 Account
|
|
|
| Charting
|
|
|
| Automated Trading
|
|
|
| After Trading Hour Orders
|
|
|
| Good Till Cancelled (GTC)
|
|
|
| SMS Alerts
|
|
|
| Online Demo
|
|
|
| Online Portfolio
|
|
|
| Margin Trading Funding Available
|
|
|
| Combined Ledger for Equity and Commodity
|
|
|
| Intraday Square-off Time
|
3:15PM | 3:15PM |
| NRI Trading
|
|
|
| Other Features
|
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Desktop Trading Platform
|
MVT Trader, MVT Classic | OMNESYS NEST |
| Desktop Platform (Windows)
|
|
|
| Desktop Platform (Mac)
|
|
|
| Web Trading Platform
|
|
|
| Web Trading Detail
|
https://direct.mastermarts.com/ | [email protected] Like, [email protected] Xpress https://www.anandrathi.com/Otn/Login/index.jsp |
| Mobile Site
|
|
|
| Mobile Trading
|
|
|
| Mobile Trading App
|
MVT Mobile | [email protected] Mobi, [email protected] on the move |
| Android Mobile App
|
|
|
| iPhone Mobile App (IOS)
|
|
|
| Android Tablet App
|
|
|
| iPad App (IOS)
|
|
|
| Detail | Detail on Trading Platforms for my-value-trade | Detail on Trading Platforms for anand-rathi-broker |
| MyValueTrade | Anand Rathi | |
|---|---|---|
9 Customer Reviews  |
1 Customer Reviews |
|
| Fees Ratings |  |
 |
| Trading Brokerage Rating |  |
|
| Trading Platform Usability |  |
|
| Customer Service Ratings | |
|
| Overall Ratings | |
|
| Broker Rating | MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews | Anand Rathi is Rated 3.0 / 5 based on 1 customer reviews |
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Equity Cash and F&O
|
|
|
| Currency Deravitives
|
|
|
| Commodity
|
|
|
| Online IPO Application
|
|
|
| Mutual Funds
|
|
|
| Bond / NCD
|
|
|
| Debt
|
|
|
| ETF
|
|
|
| Banking
|
|
|
| Insurance
|
|
|
| Forex
|
|
|
| SIP Investment
|
|
|
| Other Investment Options
|
| MyValueTrade | Anand Rathi | |
|---|---|---|
| 24/7 Customer Service
|
|
|
| Email Support
|
|
|
| Onine Live Chat
|
|
|
| Phone Support
|
|
|
| Toll Free Number
|
|
|
| Through Branches
|
|
|
| MyValueTrade | Anand Rathi | |
|---|---|---|
| Research Mutual Funds
|
|
|
| Research Equity Reports
|
|
|
| Research ETF
|
|
|
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
| MyValueTrade | Anand Rathi | |
|---|---|---|
| DP Source | NSDL | CDSL |
| Demat Account Annual Maintenance Charges(AMC) | NIL | Scheme I : Free for 1st Year. Next Year Rs.450/- + S.tax Scheme II : NIL - with credit balance of Rs.3000/-(refundable) Scheme III : For 1st year Rs.500/- + ST, next year onwards Rs.450/+ Rs.500/-CDSL chg + ST (Corporate) |
| 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 | Scheme I & II : Outgoing Rs 15/- Per ISIN [ Within POA to ARSSBL Pool A/c ] Other Than ARSSBL Minimum Rs 20/- and Maximum Rs 500/- or 0.02% of the market value whichever is lower |
| Demat | Rs. 20/- per DRF plus Rs. 3/- per certificate | Scheme I & II : Rs. 3/- per certificate plus Rs.35/- per request. In case of bulk, above 100 certificate Rs.5/- & Actual Courier charge |
| 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 | Scheme I & II : Rs 15/- for every 100 securities or a Flat fee of Rs 15/- per certificate, Whichever is higher + 20/- Postage chg |
| Pledge Creation | Rs. 50/- | Scheme I & II : 0.01% of value or min Rs.50/- per req |
| Pledge Creation Confirmation | Nil | Scheme I & II : NIL |
| Pledge Closure | Rs. 25/- | Scheme I & II : 0.01% of value or min Rs.50/- per req |
| Pledge Closure Confirmation | Nil | Scheme I & II : NIL |
| Pledge Invocation | Rs. 25/- | Scheme I & II : 0.01% of value or min Rs.50/- per req |
| Failed Instruction Charges | Rs. 20/- per intimation per instruction | Scheme I & II : Rs 25/- per Instruction |
| Other Charges | Scheme I & II : Instructions received on same day of Pay-in Rs. 25/- per scrip will be levied. Demat rejection by Company/RTA Rs. 25/- Per DRF. For extra statement if holding Rs 15/- will be charged per statement. Any Modification Rs. 15 /- |
| MyValueTrade | Anand Rathi | |
|---|---|---|
| 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. |
margin funding available; Advanced Charting tools; after market order |
| Dislikes | doesn't provide tips and recommendation; doesn't offer automated trading to its clients. |
Hidden brokerage Charges, charges for using some of the platforms, minimum brokerage charges |
| Special Offers/Promo | ||
| Enquire about MyValueTrade | Enquire about Anand Rathi |
Paperless account opening*
Zerodhae-Aadhar base account opening
Free Delivery trading
Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity
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