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MyValueTrade Vs : Which one is better?

Both the brokers are registered with SEBI. MyValueTrade offers investmenet in Equity, F&O, Currency and Commodities, where offers investment in Equity, F&O and Currency only. Number of active customer for is where number of active customer for MyValueTrade is . is serving more customer compare to MyValueTrade.

Here we present side-by-side comparison of MyValueTrade vs share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared MyValueTrade vs 's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of MyValueTrade vs share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared MyValueTrade vs 's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare MyValueTrade vs on Service

  MyValueTrade Compare
MyValueTrade
 Compare
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX
Active Clients
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.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare MyValueTrade vs on Trading & Demat Account Opening Charges

Comparison of MyValueTrade with on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where charges for account opening. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where charges AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with
Charges MyValueTrade
Trading Account Opening Fees Rs 555
Trading AMC Free
Demat Account Opening Fees Free
Demat AMC Rs 400 PA (Waived for 1st year)
Provide DP Service Yes
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About Brokerage Plans

Compare MyValueTrade vs on Plan Options

Plans are the most important feature you look when compare MyValueTrade with . This section compare on high level about type of plans offered by brokers. Multiple Plans - MyValueTrade provide Multiple Plans where doesn't offer. Monthly Plans - MyValueTrade provide Monthly Plans where doesn't offer

Compare MyValueTrade with on Plan Options
Plan Types MyValueTrade
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans Yes No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs on Brokerage Charges

MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.

Brokerage Plan detail -

Brokerage Charges - Compare MyValueTrade with
Brokerage Charges Compare MyValueTrade
Plan Name Flat Fee Rs 10 Trading Plan
Equity Delivery Flat Fee Rs 10
Equity Intraday Flat Fee Rs 10
Equity Futures Flat Fee 10 Rs
Equity Options Flat Fee Rs 10
Currency Futures Flat Fee 10 Rs
Currency Options Flat Fee Rs 10
Commodity Trading Flat Fee 10 Rs
Minimum Brokerage Rs 10 or .01% whichever is lower NIL
Hidden Charges Info Not Available
Funding Info Not Available
Call & Trade Charges NA
Auto Square off Charges NA
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for
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Share Broker's Transaction Charges

Compare MyValueTrade vs on Transaction Charges

Compare MyValueTrade with on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with
Transaction Charges Compare MyValueTrade
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for
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Account Features

Compare MyValueTrade vs on Account Features

Compare MyValueTrade with on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - MyValueTrade offers a margin funding where doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - MyValueTrade with
Account Features Compare MyValueTrade
3 in 1 Account No MyValueTrade have 2-in-1 account. Only Demate and Trading account.
Charting Yes
Algo Trading Yes
SMS Alerts Yes
Online Demo Yes
Online Portfolio No
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity Yes
Intraday Square-off Time 3:15PM
NRI Trading No
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and . This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare MyValueTrade with
Trading Platform Compare MyValueTrade
Desktop Trading Platform MVT Trade
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes
Desktop Platform (Mac) No
Web Trading Platform Yes
Web Trading Detail https://direct.mastermarts.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No
Mobile Trading Yes
Mobile Trading App MVT Mobile
Mobile Trading App Demo Info Not Available Demo
Android Mobile App Yes
Android App Download Andriod MVT Mobile Download Andriod Download
iPhone Mobile App (IOS) No
iOS App Download iOS MVT Mobile Download iOS Download
Android Tablet App Yes
iPad App (IOS) No
Trading Software Charges Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for

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Broker Ratings by Users

Compare MyValueTrade vs on User Rating

  MyValueTrade
  10 Customer Reviews    Rate MyValueTrade Customer Reviews    Rate
Fees Ratings 3.7
Trading Brokerage Rating 4.0
Trading Platform Usability 3.4
Customer Service Ratings 3.4
Overall Ratings 3.4
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews
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Investment Offerings

Compare MyValueTrade vs on Investment Offerings

Compare MyValueTrade with on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - MyValueTrade offers trading options in Commodity (MCX) where doesn't offer. Online Mutual Fund Investment - Both broker don't offer online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare MyValueTrade with
Investment Offerings Compare MyValueTrade
Equity Cash and F&O Yes
Currency Deravitives Yes
Commodity Yes
Online IPO Application No
Mutual Funds No
Bond / NCD No
ETF Yes
Banking No
Insurance No
Forex No
MF SIP Investment No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare MyValueTrade vs on Order Types

Order Type - Compare MyValueTrade with on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- MyValueTrade offers After Market Orders where doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare MyValueTrade with
Order Type Compare MyValueTrade
CNC order Yes No
MIS order Yes No
NRML order Yes No
Cover order No No
Bracket order No No
AMO-After Market Orders Yes
GTC-Good Till Cancelled No
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Customer Service Offered

Compare MyValueTrade vs on Customer Service

Compare MyValueTrade with on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare MyValueTrade with
Customer Service Compare MyValueTrade
24/7 Customer Service MyValueTrade vs  - 24x7 customer support No
Email Support MyValueTrade vs  - Email Support Yes
Onine Live Chat MyValueTrade vs  - Onine Live Chat Yes
Phone Support MyValueTrade vs  - Phone Support Yes
Toll Free Number MyValueTrade vs  - Toll Free Number No
Through Branches MyValueTrade vs  - Through Branches No
Customer Care Number MyValueTrade vs  - Customer Care Number Info Not Available
Account Opening Process MyValueTrade vs  - Account Opening Process Info Not Available
Customer Support Email MyValueTrade vs  - Customer Support Email Info Not Available
Knowledge Center/Education MyValueTrade vs  - Knowledge Center/Education Info Not Available
Head Office Address MyValueTrade vs  - Head Office Address/Corporate Address Info Not Available
Website MyValueTrade vs  - Company Website Info Not Available
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Tips/Research/Reports Published

Compare MyValueTrade vs on Research Reports, Tips

Compare MyValueTrade with on research reports and tips provided by the broker.

Research Reports - Compare MyValueTrade with
  MyValueTrade
Research Mutual Funds MyValueTrade vs  - Research Mutual Funds No
Research Equity Reports MyValueTrade vs  - Research Equity Reports No
Research ETF MyValueTrade vs  - Research ETF No
Daily Market Report MyValueTrade vs  - Daily Market Report No
Free Tips MyValueTrade vs  - Free Tips No
Quarterly Result Analysis MyValueTrade vs  - Quarterly Results No
News Alerts MyValueTrade vs  - No
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Demat Account

Compare MyValueTrade vs on Demat Account

Compare MyValueTrade with on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for is where for MyValueTrade is ₹300 pa (Second year onwards).

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for MyValueTrade is ₹15 where for is .You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare MyValueTrade with
  MyValueTrade
DP Source NSDL
DP ID MyValueTrade vs  - DP ID No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards)
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
Statutory charges Nil
Transaction Charges on Debit (Per ISIN) ₹15
Demat ₹3 per certificate + ₹20 per DFR
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction
Pledge Creation Confirmation Nil
Pledge Closure ₹25 per transaction
Pledge Closure Confirmation Nil
Pledge Invocation ₹25 per transaction
Failed Instruction Charges ₹20
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs on Special Offers and Promotion

Compare MyValueTrade with on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare MyValueTrade vs on Special Offers and Promotion
  MyValueTrade
Pay In and Pay Out Options MyValueTrade vs  - Pay In and Pay Out Options Info Not Available
Payout Time MyValueTrade vs  - Payout Time Info Not Available
Bank Supported and Charges MyValueTrade vs  - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes

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Dislikes

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

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Special Offers/Promo
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Last Updated on 2019-07-08T23:37:28+00:00