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MyValueTrade Vs Wisdom Capital: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Wisdom Capital Max Rs 9 per trade. Both the brokers are Discount Brokers. MyValueTrade is having overall lower rating compare to Wisdom Capital. MyValueTrade is rated only 3.5 out of 5 where Wisdom Capital is rated 4 out of 5. Number of active customer for Wisdom Capital is 3,820 where number of active customer for MyValueTrade is . Wisdom Capital is serving more customer compare to MyValueTrade.

Here we present side-by-side comparison of MyValueTrade vs Wisdom Capital 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 Wisdom Capital'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 Wisdom Capital 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 Wisdom Capital'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 Wisdom Capital on Service

  MyValueTrade Compare
MyValueTrade
Wisdom Capital Compare
Wisdom Capital
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 3,820
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. Wisdom Capital shines in its ability to personalize the broker-trader relationship. With price, execution and service mattering the most to hyperactive traders, Wisdom Capital is competitive in the first two (price & execution) and specializes in the...Know more about Wisdom Capital
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare MyValueTrade vs Wisdom Capital on Trading & Demat Account Opening Charges

Comparison of MyValueTrade with Wisdom Capital on trading & demat account opening charges and AMC. Trading account opening charges - Wisdom Capital offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with Wisdom Capital
Charges MyValueTrade Wisdom Capital
Trading Account Opening Fees Rs 555 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 999 Life time AMC
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Wisdom Capital on Plan Options

Plans are the most important feature you look when compare MyValueTrade with Wisdom Capital. 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 provide Monthly Plans where Wisdom Capital doesn't offer

Compare MyValueTrade with Wisdom Capital on Plan Options
Plan Types MyValueTrade Wisdom Capital
Multiple Plans Yes Yes
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 Wisdom Capital 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.

Wisdom Capital Brokerage Plan detail - Trade on your Pro Plan,buy and sell FnO Rs 9 Per trade, 0.005% Intraday,0.05% Delivery.If you are large or small investore this will give you freedom in your trade. Delivery Limit/Margin In Cash is 1X,Intraday Limit/Margin In Futures is 6X MIS & 20X in Cover Order,Intraday Limit/Margin In Options is 1X Buy & 6X Sell,Intraday Limit/Margin In Cash is Upto 40 X MIS, Intraday Limit/Margin In Delivery is Upto 5X.

Brokerage Charges - Compare MyValueTrade with Wisdom Capital
Brokerage Charges Compare MyValueTrade Wisdom Capital
Plan Name Flat Fee Rs 10 Trading Plan Flat Fee Rs 9 Trading Plan (Pro Plan)
Equity Delivery Flat Fee Rs 10 0.05% or 5 paisa
Equity Intraday Flat Fee Rs 10 0.01% or 1 paisa
Equity Futures Flat Fee 10 Rs Flat Fee Rs 9
Equity Options Flat Fee Rs 10 Flat Fee Rs 9
Currency Futures Flat Fee 10 Rs Flat Fee Rs 9
Currency Options Flat Fee Rs 10 Flat Fee Rs 9
Commodity Trading Flat Fee 10 Rs Flat Fee Rs 9
Minimum Brokerage Rs 10 or .01% whichever is lower NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for Wisdom Capital
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Share Broker's Transaction Charges

Compare MyValueTrade vs Wisdom Capital on Transaction Charges

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

Transaction Charges - Compare MyValueTrade with Wisdom Capital
Transaction Charges Compare MyValueTrade Wisdom Capital
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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for wisdom-capital
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Account Features

Compare MyValueTrade vs Wisdom Capital on Account Features

Compare MyValueTrade with Wisdom Capital 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 Wisdom Capital doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

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

Compare MyValueTrade vs Wisdom Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and Wisdom Capital. 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 Wisdom Capital
Trading Platform Compare MyValueTrade Wisdom Capital
Desktop Trading Platform MVT Trade NEST Trader & NSE NOW
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ http://trade.wisdomcapital.in./
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile TradeEye
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod TradeEye Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download Info Not Available
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for Wisdom Capital
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Wisdom Capital
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Wisdom Capital
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for wisdom-capital

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Broker Ratings by Users

Compare MyValueTrade vs Wisdom Capital on User Rating

  MyValueTrade Wisdom Capital
  10 Customer Reviews    Rate MyValueTrade 8 Customer Reviews    Rate Wisdom Capital
Fees Ratings 3.7 4.3
Trading Brokerage Rating 4.0 4.5
Trading Platform Usability 3.4 3.3
Customer Service Ratings 3.4 4.4
Overall Ratings 3.4 3.9
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews
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Investment Offerings

Compare MyValueTrade vs Wisdom Capital on Investment Offerings

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

Compare MyValueTrade vs Wisdom Capital on Order Types

Order Type - Compare MyValueTrade with Wisdom Capital 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare MyValueTrade vs Wisdom Capital on Customer Service

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

Compare MyValueTrade vs Wisdom Capital on Research Reports, Tips

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

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

Compare MyValueTrade vs Wisdom Capital on Demat Account

Compare MyValueTrade with Wisdom Capital 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 Wisdom Capital is Free (₹1000 Refundable deposit + ₹1000 one time charges) where for MyValueTrade is ₹300 pa (Second year onwards). Wisdom Capital is a better choice in terms of Demat AMC compare to MyValueTrade.

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 Wisdom Capital is ₹12.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 Wisdom Capital
  MyValueTrade Wisdom Capital
DP Source NSDL NSDL
DP ID MyValueTrade vs Wisdom Capital - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards) Free (₹1000 Refundable deposit + ₹1000 one time charges)
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 Nil
Transaction Charges on Debit (Per ISIN) ₹15 ₹12
Demat ₹3 per certificate + ₹20 per DFR ₹3 per certificate + ₹20 per DFR
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction ₹50 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹25 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹25 per transaction
Failed Instruction Charges ₹20 ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Wisdom Capital on Special Offers and Promotion

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

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

Detail Review...

Detail Review...

Dislikes

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

Detail Review...

No support to invest in IPOs, Mutual Fund and Bonds; charges for using semi-automated algo trading.

Detail Review...

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

Last Updated on 2019-07-08T23:37:28+00:00