MyValueTrade Vs Kotak Securities

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Kotak Securities Ltd ranges between .049 to .49%. MyValueTrade is a Discount Broker where Kotak Securities Ltd is a Full Service Broker. MyValueTrade is having overall lower rating compare to Kotak Securities Ltd. MyValueTrade is rated only 3.5 out of 5 where Kotak Securities Ltd is rated 4 out of 5.

Here we present 1 on 1 comparison of MyValueTrade vs Kotak Securities 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 Kotak Securities'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 Kotak Securities Ltd - Broker type and exchange supported
  MyValueTrade Logo
MyValueTrade
Kotak Securities Ltd Logo
Kotak Securities 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, MCX-SX, MCX, NCDEX
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. Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders.
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 Kotak Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs Kotak Securities Ltd - Trading and Demat Account Charges
  MyValueTrade Kotak Securities Ltd
Trading Account Opening Fees What is this parameter? Rs 555 Rs 750
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
Provide DP Service What is this parameter? Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Kotak Securities Ltd - Plan Options
  MyValueTrade Kotak Securities Ltd
Monthly Plans What is this parameter? Yes No
Yearly Plans What is this parameter? Yes No
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Contact Broker / Request A Call Back

  MyValueTrade Kotak Securities Ltd
Contact / Request Call Back
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Brokerage Charges

Compare MyValueTrade vs Kotak Securities Ltd - Brokerage Charges
  MyValueTrade Kotak Securities Ltd
Plan Name What is this parameter? Per Order Executed Fixed Brokerage 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 plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.
Equity Delivery What is this parameter? 10 Rs 0.49%
Equity Intraday What is this parameter? 10 Rs 0.049%
Equity Futures What is this parameter? 10 Rs 0.049%
Equity Options What is this parameter? 10 Rs Rs 300 per lot
Currency Futures What is this parameter? 10 Rs .02% or Rs. 10 per lot whichever is higher
Currency Options What is this parameter? 10 Rs 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 21 per executed order
Brokerage Calculator Brokerage Calculator for my-value-trade Brokerage Calculator for kotak-securities
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Share Broker's Transaction/Turnover Charges

Compare MyValueTrade vs Kotak Securities Ltd - Transaction/Turnover Charges
  MyValueTrade Kotak Securities 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 110 Per Cr
Currency Options What is this parameter? Rs 4200 Per Cr Rs 4000 Per Cr
Commodity What is this parameter? 0.0025% 0.004%
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for kotak-securities
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Trading Features

Compare MyValueTrade vs Kotak Securities Ltd - Trading Feature and platform
  MyValueTrade Kotak Securities 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 No
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? Trading software terminal: Keat Pro X Trading software terminal: Keat Pro X
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Trading Platform

Compare MyValueTrade vs Kotak Securities Ltd - Trading Platform
  MyValueTrade Kotak Securities Ltd
Desktop Trading Platform What is this parameter? MVT Trader, MVT Classic Xtralite
Desktop Platform (Windows) What is this parameter? Yes Yes
Desktop Platform (Mac) What is this parameter? No No
Web Trading Platform What is this parameter? Yes Yes
Web Trading Detail What is this parameter? https://direct.mastermarts.com/ https://www.kotaksecurities.com
Mobile Site What is this parameter? No No
Mobile Trading What is this parameter? Yes Yes
Mobile Trading App What is this parameter? MVT Mobile The Kotak Stock Trader
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 kotak-securities

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Broker Ratings by Users

Compare MyValueTrade vs Kotak Securities Ltd - Rating
  MyValueTrade Kotak Securities Ltd
  9 Customer Reviews    Rate MyValueTrade 77 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.7 2.7
Trading Brokerage Rating 4.0 2.8
Trading Platform Usability 3.2 3.3
Customer Service Ratings 3.2 3.2
Overall Ratings Rated 3.2 stars Rated 2.9 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews Kotak Securities is Rated 2.9 / 5 based on 77 customer reviews
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Investment Services

Compare MyValueTrade vs Kotak Securities Ltd - Investment Options
  MyValueTrade Kotak Securities 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 Yes
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 No
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?
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Customer Service Offered

Compare MyValueTrade vs Kotak Securities Ltd - Customer Service Offerance
  MyValueTrade Kotak Securities 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 Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No Yes
Through Branches What is this parameter? No Yes
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Tips/Research/Reports Published

Compare MyValueTrade vs Kotak Securities Ltd - Research, Tips Reports
  MyValueTrade Kotak Securities 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
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Demat Account

Compare MyValueTrade vs Kotak Securities Ltd - Demat Account
  MyValueTrade Kotak Securities Ltd
DP Source NSDL CDSL
Demat Account Annual Maintenance Charges(AMC) NIL Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-)
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 NA
Statutory charges Nil NA
Transaction Charges on Debit (Per ISIN) Rs. 12/- for each debit instruction Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes).
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.
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 Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-
Pledge Creation Rs. 50/- Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Creation Confirmation Nil Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Closure Rs. 25/- Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Closure Confirmation Nil Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-
Pledge Invocation Rs. 25/- Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/-
Failed Instruction Charges Rs. 20/- per intimation per instruction Nil
Other Charges Nil

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Kotak Securities Ltd - Special Offers and Promotion
  MyValueTrade Kotak Securities 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 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

More Advantages...

Dislikes

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

More Disadvantages...

  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

More Disadvantages...

Special Offers/Promo
Enquire about MyValueTrade Enquire about Kotak Securities

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



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