MyValueTrade Vs ICICIDirect

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of ICICI Securities Pvt Ltd. ranges between 0.05 to .55%. MyValueTrade is a Discount Broker where ICICI Securities Pvt Ltd. is a Full Service Broker. MyValueTrade is having overall lower rating compare to ICICI Securities Pvt Ltd.. MyValueTrade is rated only 3.5 out of 5 where ICICI Securities Pvt Ltd. is rated 4 out of 5.

Here we present 1 on 1 comparison of MyValueTrade vs ICICI Securities Pvt Ltd. 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 ICICIDirect'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 ICICI Securities Pvt Ltd. - Broker type and exchange supported
  MyValueTrade Logo
MyValueTrade
ICICI Securities Pvt Ltd. Logo
ICICI Securities Pvt Ltd.
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 BSE, NSE
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. ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove...Know more about ICICI Securities Pvt Ltd.
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 ICICIDirect. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Trading and Demat Account Charges
  MyValueTrade ICICI Securities Pvt Ltd.
Trading Account Opening Fees What is this parameter? Rs 555 Free(trading+Demat+Saving)
Trading AMC What is this parameter? Nil NIL
Demat Account Opening Fees What is this parameter? NIL NIL
Demat AMC What is this parameter? 400 Rs Per Year (First year free) Rs 600(free for 1st year)
Provide DP Service What is this parameter? Yes Yes
Expand

About Brokerage Plans

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Plan Options
  MyValueTrade ICICI Securities Pvt Ltd.
Monthly Plans What is this parameter? Yes No
Yearly Plans What is this parameter? Yes No
Expand

Contact Broker / Request A Call Back

  MyValueTrade ICICI Securities Pvt Ltd.
Contact / Request Call Back
Expand

Brokerage Charges

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Brokerage Charges
  MyValueTrade ICICI Securities Pvt Ltd.
Plan Name What is this parameter? Per Order Executed 3-in-1 Account (I-Secure 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. This is a fixed brokerage plan irrespective of turnover volume best suited for casual traders.
Equity Delivery What is this parameter? 10 Rs 0.55%
Equity Intraday What is this parameter? 10 Rs 0.05 - .03%
Equity Futures What is this parameter? 10 Rs 0.05 - 0.03%
Equity Options What is this parameter? 10 Rs Rs 95 - Rs 35 per lot
Currency Futures What is this parameter? 10 Rs 0.05% - 0.03%
Currency Options What is this parameter? 10 Rs Rs 25 - Rs 10 per lot
Commodity Trading What is this parameter? 10 Rs NA
Minimum Brokerage What is this parameter? Rs 10 or .01% whichever is lower Rs 35 per trade
Brokerage Calculator Brokerage Calculator for my-value-trade Brokerage Calculator for icicidirect
Expand

Share Broker's Transaction/Turnover Charges

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Transaction/Turnover Charges
  MyValueTrade ICICI Securities Pvt Ltd.
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 100 Per Cr
Currency Options What is this parameter? Rs 4200 Per Cr Rs 4000 Per Cr
Commodity What is this parameter? 0.0025% NA
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for icicidirect
Expand

Trading Features

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Trading Feature and platform
  MyValueTrade ICICI Securities Pvt Ltd.
3 in 1 Account What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? Yes Yes
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 Yes
Combined Ledger for Equity and Commodity What is this parameter? Yes No
Intraday Square-off Time What is this parameter? 3:15PM 3:15PM
NRI Trading What is this parameter? No Yes
Other Features What is this parameter?
Expand

Trading Platform

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Trading Platform
  MyValueTrade ICICI Securities Pvt Ltd.
Desktop Trading Platform What is this parameter? MVT Trader, MVT Classic Trade Racer
Desktop Platform (Windows) What is this parameter? Yes Yes
Desktop Platform (Mac) What is this parameter? No Yes
Web Trading Platform What is this parameter? Yes Yes
Web Trading Detail What is this parameter? https://direct.mastermarts.com/ ICICIDIRECT.com
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 ICICIDirect Lite
Android Mobile App What is this parameter? Yes Yes
iPhone Mobile App (IOS) What is this parameter? No Yes
Android Tablet App What is this parameter? Yes Yes
iPad App (IOS) What is this parameter? No Yes
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for icicidirect

Expand

Broker Ratings by Users

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Rating
  MyValueTrade ICICI Securities Pvt Ltd.
  9 Customer Reviews    Rate MyValueTrade 263 Customer Reviews    Rate ICICIDirect
Fees Ratings 3.7 2.4
Trading Brokerage Rating 4.0 1.8
Trading Platform Usability 3.2 3.3
Customer Service Ratings 3.2 2.8
Overall Ratings Rated 3.2 stars Rated 2.5 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews ICICIDirect is Rated 2.5 / 5 based on 263 customer reviews
Expand

Investment Services

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Investment Options
  MyValueTrade ICICI Securities Pvt Ltd.
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 No
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 Yes
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?
Expand

Customer Service Offered

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Customer Service Offerance
  MyValueTrade ICICI Securities Pvt Ltd.
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 No
Through Branches What is this parameter? No Yes
Expand

Tips/Research/Reports Published

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Research, Tips Reports
  MyValueTrade ICICI Securities Pvt Ltd.
Research Mutual Funds What is this parameter? No Yes
Research Equity Reports What is this parameter? No Yes
Research ETF What is this parameter? No Yes
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
Expand

Demat Account

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Demat Account
  MyValueTrade ICICI Securities Pvt Ltd.
DP Source NSDL CDSL
Demat Account Annual Maintenance Charges(AMC) NIL Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 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 Rs. 7500/- , If the client is not having ICICI BANK Account
Statutory charges Nil Stamp Duty at actuals
Transaction Charges on Debit (Per ISIN) Rs. 12/- for each debit instruction For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-)
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates
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. 30 + CDSL actuals
Pledge Creation Rs. 50/- 0.03 % or minimum of Rs. 50/-
Pledge Creation Confirmation Nil 0.03 % or minimum of Rs. 50/-
Pledge Closure Rs. 25/- 0.03 % or minimum of Rs. 50/-
Pledge Closure Confirmation Nil 0.03 % or minimum of Rs. 50/-
Pledge Invocation Rs. 25/- 0.03 % or minimum of Rs. 50/-
Failed Instruction Charges Rs. 20/- per intimation per instruction Rejection/Fails Rs.30/-
Other Charges a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges.

Expand

Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs ICICI Securities Pvt Ltd. - Special Offers and Promotion
  MyValueTrade ICICI Securities Pvt Ltd.
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...

  • 3-in-1 online trading account.
  • Rich research offering.
  • 24/7 customer service.
  • Easy-to-use website.
  • Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  • Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.

More Advantages...

Dislikes

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

More Disadvantages...

  • Minimum brokerage charges.
  • No commodity trading.
  • High brokerage.
  • Not a good fit for small and penny stock traders.
  • Charges for trading terminal usage.

More Disadvantages...

Special Offers/Promo
Enquire about MyValueTrade Enquire about ICICIDirect

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



Search topsharebrokers.com:

Translate topsharebrokers.com: