Reliance Securities Vs MyValueTrade

Here we present 1 on 1 comparison of Reliance Securities Limited 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 Reliance Securities 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 Reliance Securities Limited vs MyValueTrade - Broker type and exchange supported
  Reliance Securities Limited Logo
Reliance Securities Limited
MyValueTrade Logo
MyValueTrade
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX
Broker Overview From best in class research to competitive Brokerage Plan to exclusive reward Program, Reliance Securities earns the position of India's one of the best leading retail broking houses. 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 Reliance Securities. 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.
Expand

Account Opening Charges and AMC

Compare Reliance Securities Limited vs MyValueTrade - Trading and Demat Account Charges
  Reliance Securities Limited MyValueTrade
Trading Account Opening Fees What is this parameter? Rs 950 Rs 555
Trading AMC What is this parameter? Rs 0 Nil
Demat Account Opening Fees What is this parameter? NIL NIL
Demat AMC What is this parameter? Rs 300 400 Rs Per Year (First year free)
Provide DP Service What is this parameter? Yes Yes
Expand

About Brokerage Plans

Compare Reliance Securities Limited vs MyValueTrade - Plan Options
  Reliance Securities Limited MyValueTrade
Monthly Plans What is this parameter? No Yes
Yearly Plans What is this parameter? No Yes
Expand

Contact Broker / Request A Call Back

  Reliance Securities Limited MyValueTrade
Contact / Request Call Back
Expand

Brokerage Charges

Compare Reliance Securities Limited vs MyValueTrade - Brokerage Charges
  Reliance Securities Limited MyValueTrade
Plan Name What is this parameter? R-FIXED Online Per Order Executed
Plan Description What is this parameter? This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support. This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
Equity Delivery What is this parameter? 0.40% 10 Rs
Equity Intraday What is this parameter? 0.04% 10 Rs
Equity Futures What is this parameter? 0.04% 10 Rs
Equity Options What is this parameter? Rs 100 /Lot 10 Rs
Currency Futures What is this parameter? 0.04% 10 Rs
Currency Options What is this parameter? Rs 100 /Lot 10 Rs
Commodity Trading What is this parameter? NA 10 Rs
Minimum Brokerage What is this parameter? 5 paise per share Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for reliance-securities Brokerage Calculator for my-value-trade
Expand

Share Broker's Transaction/Turnover Charges

Compare Reliance Securities Limited vs MyValueTrade - Transaction/Turnover Charges
  Reliance Securities Limited MyValueTrade
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 190 Per Cr Rs 300 Per Cr
Equity Options What is this parameter? Rs 5000 Per Cr Rs 6000 Per Cr
Currency Futures What is this parameter? Rs 110 Per Cr Rs 120 Per Cr
Currency Options What is this parameter? Rs 4000 Per Cr Rs 4200 Per Cr
Commodity What is this parameter? NA 0.0025%
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for my-value-trade
Expand

Trading Features

Compare Reliance Securities Limited vs MyValueTrade - Trading Feature and platform
  Reliance Securities Limited MyValueTrade
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes Yes
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? No No
Margin Trading Funding Available What is this parameter? Yes Yes
Combined Ledger for Equity and Commodity What is this parameter? Yes Yes
Intraday Square-off Time What is this parameter? 3:15PM 3:15PM
NRI Trading What is this parameter? Yes No
Other Features What is this parameter?
Expand

Trading Platform

Compare Reliance Securities Limited vs MyValueTrade - Trading Platform
  Reliance Securities Limited MyValueTrade
Desktop Trading Platform What is this parameter? Reliance Tick MVT Trader, MVT Classic
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://trade.rsec.co.in/ https://direct.mastermarts.com/
Mobile Site What is this parameter? Yes No
Mobile Trading What is this parameter? Yes Yes
Mobile Trading App What is this parameter? TICK PRO MVT Mobile
Android Mobile App What is this parameter? Yes Yes
iPhone Mobile App (IOS) What is this parameter? Yes No
Android Tablet App What is this parameter? Yes Yes
iPad App (IOS) What is this parameter? Yes No
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for my-value-trade

Expand

Broker Ratings by Users

Compare Reliance Securities Limited vs MyValueTrade - Rating
  Reliance Securities Limited MyValueTrade
  49 Customer Reviews    Rate Reliance Securities 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.5 3.7
Trading Brokerage Rating 3.4 4.0
Trading Platform Usability 3.3 3.2
Customer Service Ratings 3.4 3.2
Overall Ratings Rated 3.4 stars Rated 3.2 stars
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 49 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
Expand

Investment Services

Compare Reliance Securities Limited vs MyValueTrade - Investment Options
  Reliance Securities Limited MyValueTrade
Equity Cash and F&O What is this parameter? Yes Yes
Currency Deravitives What is this parameter? Yes Yes
Commodity What is this parameter? Yes No
Online IPO Application What is this parameter? Yes No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? Yes No
Debt What is this parameter? Yes No
ETF What is this parameter? Yes Yes
Banking What is this parameter? Yes No
Insurance What is this parameter? Yes No
Forex What is this parameter? No No
SIP Investment What is this parameter? Yes No
Other Investment Options What is this parameter?
Expand

Customer Service Offered

Compare Reliance Securities Limited vs MyValueTrade - Customer Service Offerance
  Reliance Securities Limited MyValueTrade
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? Yes No
Through Branches What is this parameter? Yes No
Expand

Tips/Research/Reports Published

Compare Reliance Securities Limited vs MyValueTrade - Research, Tips Reports
  Reliance Securities Limited MyValueTrade
Research Mutual Funds What is this parameter? Yes No
Research Equity Reports What is this parameter? Yes No
Research ETF What is this parameter? Yes No
Daily Market Report What is this parameter? Yes No
Free Tips What is this parameter? Yes No
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
Expand

Demat Account

Compare Reliance Securities Limited vs MyValueTrade - Demat Account
  Reliance Securities Limited MyValueTrade
DP Source CDSL NSDL
Demat Account Annual Maintenance Charges(AMC) AMC levied on monthly basis. BSDA-(Only for Individual having one demat account):-A)If Holding value at any date is not greater than Rs.50,000/- Nil charges B)If Holding value at any date between Rs. 50001/-toRs 200000/-Rs100.Regular Demat Account (non BSDA):A)For Individual /HUFs / Trust :-Accounts activated prior to Sep 01 2015-Rs. 300/- Accounts activated on or after Sep 01 2015-Rs.400/- B)For NRIs/Foreign Nationals:-Nil,C)For Corporate / Other Non Individuals:Rs 1000/,LifeTime Free AMC(NEW),For Individual/HUFs/Trust(refundable Deposit of Rs 2500/-) NIL
Advance Deposit Nil 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 Nil
Transaction Charges on Debit (Per ISIN) For Instruction given in physical form:- Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN For Instruction received through Internet / online trading through Reliance Securities Ltd. Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN Rs. 12/- for each debit instruction
Demat Rs. 30/- per request extra Rs. 5/- for each certificate Rs. 20/- per DRF plus Rs. 3/- per certificate
Remat Rs.40/- for 100 securities or part thereof or a flat fee of Rs.25/- per certificate which ever is higher in addition to Regd. post charges, subject to minimum Rs.25/-. 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. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Rs. 50/-
Pledge Creation Confirmation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Nil
Pledge Closure Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Rs. 25/-
Pledge Closure Confirmation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Nil
Pledge Invocation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Rs. 25/-
Failed Instruction Charges Nil Rs. 20/- per intimation per instruction
Other Charges Additional Account Statements for Individuals/HUFs/ Corporate Rs. 40/- per Statement. For NRI / Foreign Nationals Rs. 100/- per statement. Additional physical account statement for NRI/Foreign Nationals having corresponding address outside India. Rs. 1000/- per statement. Physical Statement (for BSDA client) Rs.25/- per statement.

Expand

Special Offers,Advantages,Disadvantages

Compare Reliance Securities Limited vs MyValueTrade - Special Offers and Promotion
  Reliance Securities Limited MyValueTrade
Likes
  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

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
  • Commodity trading not available.
  • Not a 3 in 1 account.
  • Average customer service.
  • Lots of hidden charges.

More Disadvantages...

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

More Disadvantages...

Special Offers/Promo
Enquire about Reliance Securities Enquire about MyValueTrade

Guaranteed Save 60% to 90% Brokerage + Taxes

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

Max Rs 20 Per Trade for F&O

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: