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SBICAP Securities Vs MyValueTrade: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where MyValueTrade offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of MyValueTrade ranges between Rs 10. SBICAP Securities is a Full Service Broker where MyValueTrade is a Discount Broker. SBICAP Securities is having overall higher rating compare to MyValueTrade. SBICAP Securities is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5. Number of active customer for SBICAP Securities is 8,55,994 where number of active customer for MyValueTrade is . SBICAP Securities is serving more customer compare to MyValueTrade.

Here we present side-by-side comparison of SBICAP Securities vs MyValueTrade share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SBICAP Securities vs MyValueTrade'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 SBICAP Securities vs MyValueTrade share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SBICAP Securities vs MyValueTrade'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 SBICAP Securities vs MyValueTrade on Service

  SBICAP Securities Compare
SBICAP Securities
MyValueTrade Compare
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? NSE, BSE NSE, BSE, MCX
Active Clients 8,55,994
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities 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 SBICAP Securities vs MyValueTrade on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - SBICAP Securities charges Rs 850 for account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with MyValueTrade
Charges SBICAP Securities MyValueTrade
Trading Account Opening Fees Rs 850 Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs MyValueTrade on Plan Options

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

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs MyValueTrade on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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

Brokerage Charges - Compare SBICAP Securities with MyValueTrade
Brokerage Charges Compare SBICAP Securities MyValueTrade
Plan Name Standard or default brokerage plan Flat Fee Rs 10 Trading Plan
Equity Delivery 0.50% Flat Fee Rs 10
Equity Intraday 0.05% Flat Fee Rs 10
Equity Futures 0.05% Flat Fee 10 Rs
Equity Options Rs 100 Per Lot Flat Fee Rs 10
Currency Futures 0.03% Flat Fee 10 Rs
Currency Options Rs 30 Per Lot Flat Fee Rs 10
Commodity Trading Rs. 100 per lot Flat Fee 10 Rs
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 10 or .01% whichever is lower
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. NA
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off NA
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for MyValueTrade
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Share Broker's Transaction Charges

Compare SBICAP Securities vs MyValueTrade on Transaction Charges

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

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

Compare SBICAP Securities vs MyValueTrade on Account Features

Compare SBICAP Securities with MyValueTrade on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where MyValueTrade offers only 2-in-1 account which includes trading and demat account. Algo Trading - MyValueTrade offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - MyValueTrade offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - SBICAP Securities offers NRI where MyValueTrade doesn't offers NRI Trading.

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

Compare SBICAP Securities vs MyValueTrade on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities and MyValueTrade. 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 SBICAP Securities with MyValueTrade
Trading Platform Compare SBICAP Securities MyValueTrade
Desktop Trading Platform SBISMART XPRESS - NextTrader MVT Trade
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App SBISMART MVT Mobile
Mobile Trading App Demo SBISMART Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS SBISMART Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare SBICAP Securities vs MyValueTrade on User Rating

  SBICAP Securities MyValueTrade
  78 Customer Reviews    Rate SBICAP Securities 10 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.3 3.7
Trading Brokerage Rating 3.1 4.0
Trading Platform Usability 2.8 3.4
Customer Service Ratings 2.7 3.4
Overall Ratings 2.7 3.4
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews
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Investment Offerings

Compare SBICAP Securities vs MyValueTrade on Investment Offerings

Compare SBICAP Securities with MyValueTrade 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 SBICAP Securities doesn't offer. Online Mutual Fund Investment - SBICAP Securities offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare SBICAP Securities vs MyValueTrade on Order Types

Order Type - Compare SBICAP Securities with MyValueTrade 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) - SBICAP Securities provide Cover Orders (CO) where MyValueTrade doesn't offer.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) - SBICAP Securities provide Bracket Orders (BO) where MyValueTrade doesn't offer.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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- SBICAP Securities offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.

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

Compare SBICAP Securities vs MyValueTrade on Customer Service

Compare SBICAP Securities with MyValueTrade 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 SBICAP Securities with MyValueTrade
Customer Service Compare SBICAP Securities MyValueTrade
24/7 Customer Service SBICAP Securities vs MyValueTrade - 24x7 customer support No No
Email Support SBICAP Securities vs MyValueTrade - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs MyValueTrade - Onine Live Chat No Yes
Phone Support SBICAP Securities vs MyValueTrade - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs MyValueTrade - Toll Free Number Yes No
Through Branches SBICAP Securities vs MyValueTrade - Through Branches Yes No
Customer Care Number SBICAP Securities vs MyValueTrade - Customer Care Number 022 6854 5555 Info Not Available
Account Opening Process SBICAP Securities vs MyValueTrade - Account Opening Process Offline Info Not Available
Customer Support Email SBICAP Securities vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education SBICAP Securities vs MyValueTrade - Knowledge Center/Education https://www.sbismart.com/education Info Not Available
Head Office Address SBICAP Securities vs MyValueTrade - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Info Not Available
Website SBICAP Securities vs MyValueTrade - Company Website https://www.sbismart.com Info Not Available
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Tips/Research/Reports Published

Compare SBICAP Securities vs MyValueTrade on Research Reports, Tips

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

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

Compare SBICAP Securities vs MyValueTrade on Demat Account

Compare SBICAP Securities with MyValueTrade 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 MyValueTrade is ₹300 pa (Second year onwards) where for SBICAP Securities is ₹500.

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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) where for MyValueTrade is ₹15.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 SBICAP Securities with MyValueTrade
  SBICAP Securities MyValueTrade
DP Source CDSL NSDL
DP ID SBICAP Securities vs MyValueTrade - DP ID 19300 No
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹300 pa (Second year onwards)
Advance Deposit 0 for all 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) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹15
Demat ₹5 per certificate + ₹35 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹35 per certificate + CDSL Charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹50 per transaction
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25 per transaction
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹25 per transaction
Failed Instruction Charges ₹10 ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs MyValueTrade on Special Offers and Promotion

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

Compare SBICAP Securities vs MyValueTrade on Special Offers and Promotion
  SBICAP Securities MyValueTrade
Pay In and Pay Out Options SBICAP Securities vs MyValueTrade - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time SBICAP Securities vs MyValueTrade - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges SBICAP Securities vs MyValueTrade - Bank Supported and Charges Direct to SBI Bank. Info Not Available
Bank Detail Direct to SBI bank account Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

Detail Review...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

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

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T02:35:55+00:00