IDBI Direct Vs MyValueTrade

Here we present 1 on 1 comparison of IDBI Capital 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 IDBI Direct 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 IDBI Capital vs MyValueTrade - Broker type and exchange supported
  IDBI Capital MyValueTrade
IDBI Capital Logo MyValueTrade Logo
Broker Overview IDBI Capital provides well rounded services like 3 in 1 account, support to NRIs, research reports and analytical tools but comes with subscription fee thus not suitable for casual trader. But it can suit active investors with its competitive broker... Know more about IDBI Capital 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 Type Full Service Broker Discount Broker
Exchanges Supported BSE, NSE BSE, NSE, MCX
Broker Enquiry Open an Online Trading Account with IDBI Direct. 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.

Account Opening Charges and AMC

Compare IDBI Capital vs MyValueTrade - Trading and Demat Account Charges
  IDBI Capital MyValueTrade
Trading Account Opening Fees Rs 700 Rs 555
Trading AMC NIL Nil
Demat Account Opening Fees NIL NIL
Demat AMC Rs 350 400 Rs Per Year (First year free)
Own DP Service Yes Yes

About Brokerage Plans

Compare IDBI Capital vs MyValueTrade - Plan Options
  IDBI Capital MyValueTrade
Monthly Plans No Yes
Yearly Plans No Yes

Contact Broker / Request A Call Back

  IDBI Capital MyValueTrade
Contact / Request Call Back

Brokerage Charges

Compare IDBI Capital vs MyValueTrade - Brokerage Charges
  IDBI Capital MyValueTrade
Plan Name Flexi Gold Brokerage Plan Per Order Executed
Plan Description This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months. This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
Equity Delivery 0.50% 10 Rs
Equity Intraday 0.08% 10 Rs
Equity Futures 0.08% 10 Rs
Equity Options Rs 100 per lot 10 Rs
Currency Futures NA 10 Rs
Currency Options NA 10 Rs
Commodity Trading NA 10 Rs
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. Rs 10 or .01% whichever is lower
Brokerage Calculator Bro Calc for idbicapital Bro Calc for my-value-trade

Share Broker's Transaction/Turnover Charges

Compare IDBI Capital vs MyValueTrade - Transaction/Turnover Charges
  IDBI Capital MyValueTrade
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 300 Per Cr
Equity Options Rs 5100 Per Cr Rs 6000 Per Cr
Currency Futures Rs 110 Per Cr Rs 120 Per Cr
Currency Options Rs 4000 Per Cr Rs 4200 Per Cr
Commodity NA 0.0025%

Trading Features

Compare IDBI Capital vs MyValueTrade - Trading Feature and platform
  IDBI Capital MyValueTrade
3 in 1 Account Yes No
Mobile Trading Yes Yes
Charting Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Desktop Trading Platform Power Pro MVT Trader, MVT Classic
Web Trading Platform
Mobile Trading Platform IDBI Direct mobile App MVT Mobile
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 IDBI Capital vs MyValueTrade - Rating
  IDBI Capital MyValueTrade
  30 Customer Reviews    Rate IDBI Direct 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.0 3.7
Trading Brokerage Rating 2.4 4.0
Trading Platform Usability 2.5 3.2
Customer Service Ratings 2.8 3.2
Overall Ratings Rated 2.7 stars Rated 3.2 stars
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 30 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews

Investment Services

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

Customer Service Offered

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

Tips/Research/Reports Published

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


Special Offers,Advantages,Disadvantages

Compare IDBI Capital vs MyValueTrade - Special Offers and Promotion
  IDBI Capital MyValueTrade

3 in 1 service provider; new user friendly design and content layout on new portal, investment offerings for NRIs

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 Commodities & Currency trading is not available, minimum brokerage charges, technical issues with trading platforms

More Disadvantages...

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

More Disadvantages...

Special Offers/Promo
Enquire about IDBI Direct Enquire about MyValueTrade

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