FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of MyValueTrade ranges between Rs 10. Sharekhan is a Full Service Broker where MyValueTrade is a Discount Broker. Sharekhan is having overall higher rating compare to MyValueTrade. Sharekhan is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5. Number of active customer for Sharekhan is 6,65,129 where number of active customer for MyValueTrade is . Sharekhan is serving more customer compare to MyValueTrade.
Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan vs MyValueTrade's on
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.
Comparison of Sharekhan with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.
Charges | Sharekhan | MyValueTrade |
---|---|---|
Trading Account Opening Fees | Free | Rs 555 |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 400 PA (Free for 1st year)) | Rs 400 PA (Waived for 1st year) |
Provide DP Service |
Plans are the most important feature you look when compare Sharekhan with MyValueTrade. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - MyValueTrade provides Monthly Plans where Sharekhan doesn't offer
Plan Types | Sharekhan | MyValueTrade |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Sharekhan | Zerodha | |
---|---|---|
Account Opening Request |
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
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 | Sharekhan | MyValueTrade |
---|---|---|
Plan Name | Sharkehan Brokerage Plan | Flat Fee Rs 10 Trading Plan |
Equity Delivery | 0.30% | Flat Fee Rs 10 |
Equity Intraday | 0.02% | Flat Fee Rs 10 |
Equity Futures | 0.02% | Flat Fee 10 Rs |
Equity Options | Rs 20 per lot | Flat Fee Rs 10 |
Currency Futures | 0.02% | Flat Fee 10 Rs |
Currency Options | Rs 5 per lot | Flat Fee Rs 10 |
Commodity Trading | Rs 20 per lot | Flat Fee 10 Rs |
Minimum Brokerage | Rs 20 | Rs 10 or .01% whichever is lower |
Hidden Charges | No | Info Not Available |
Funding | Yes - 18% interest PA | Info Not Available |
Call & Trade Charges | Free | NA |
Auto Square off Charges | Free | NA |
Brokerage Calculator | Brokerage Calculator for Sharekhan | Brokerage Calculator for MyValueTrade |
Compare Sharekhan with MyValueTrade on transaction charges and PCM fee by segment.
Transaction Charges Compare | Sharekhan | 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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
Brokerage Charges | Complete Brokerage Plans for sharekhan | Complete Brokerage Plans for my-value-trade |
Compare Sharekhan with MyValueTrade 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 - MyValueTrade offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Sharekhan offers NRI where MyValueTrade doesn't offers NRI Trading.
Account Features Compare | Sharekhan | MyValueTrade |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 | Sharekhan | MyValueTrade |
---|---|---|
Desktop Trading Platform | TradeTiger | MVT Trade |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://www.sharekhan.com/ | https://direct.mastermarts.com/ |
Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Sharekhan | MVT Mobile |
Mobile Trading App Demo | Sharekhan Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod Sharekhan Download | Andriod MVT Mobile Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Sharekhan Download | iOS MVT Mobile Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Info Not Available |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Sharekhan | Equity Intraday and Delivery Brokerage Calculator for MyValueTrade |
Futures Brokerage Calculator | Futures Brokerage Calculator for Sharekhan | Futures Brokerage Calculator for MyValueTrade |
Options Brokerage Calculator | Options Brokerage Calculator for Sharekhan | Options Brokerage Calculator for MyValueTrade |
Detail | Detail on Trading Platforms for sharekhan | Detail on Trading Platforms for my-value-trade |
Compare Sharekhan 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Sharekhan offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where MyValueTrade doesn't offer
Investment Offerings Compare | Sharekhan | MyValueTrade |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare Sharekhan 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) - Sharekhan 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) - Sharekhan 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- Sharekhan offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Sharekhan | MyValueTrade |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Sharekhan 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 Service Compare | Sharekhan | MyValueTrade |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 1800227500 | Info Not Available |
Account Opening Process | Offline | Info Not Available |
Customer Support Email | [email protected] | Info Not Available |
Knowledge Center/Education | https://www.sharekhan.com/help/hello | Info Not Available |
Head Office Address | Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042 |
Info Not Available |
Website | https://www.sharekhan.com | Info Not Available |
Compare Sharekhan with MyValueTrade on research reports and tips provided by the broker.
Compare Sharekhan 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 Sharekhan is ₹500 pa.
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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 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
Compare Sharekhan with MyValueTrade on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Sharekhan | MyValueTrade | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform. Pay-out/Fund Withdrawal - Bank Transfer only |
Info Not Available |
Payout Time | Max 24 hrs except bank holidays | Info Not Available |
Bank Supported and Charges | Info Not Available | Info Not Available |
Bank Detail | Sharekhan Limited Account No.:9035< Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
Info Not Available |
Likes |
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Dislikes |
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doesn't provide tips and recommendation; doesn't offer automated trading to its clients. |
Special Offers/Promo | ||
Enquiry | Open Sharekhan Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2024-03-04T07:37:57+00:00