ProStocks Vs MyValueTrade

The brokerage of ProStocks Max Rs 15 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. ProStocks is having overall higher rating compare to MyValueTrade.ProStocks is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.

Here we present 1 on 1 comparison of ProStocks 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 ProStocks 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 ProStocks vs MyValueTrade - Broker type and exchange supported
  ProStocks Logo
ProStocks
MyValueTrade Logo
MyValueTrade
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 BSE, NSE, MCX
Broker Overview ProStocks is a pure online stock broking firm initiated by well experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on quality of trade. 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 ProStocks. 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.
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Account Opening Charges and AMC

Compare ProStocks vs MyValueTrade - Trading and Demat Account Charges
  ProStocks MyValueTrade
Trading Account Opening Fees What is this parameter? Rs 300 - Promo Discount Rs 0 Now Rs 555
Trading AMC What is this parameter? Rs 0 Nil
Demat Account Opening Fees What is this parameter? Rs 0 NIL
Demat AMC What is this parameter? Rs 0 400 Rs Per Year (First year free)
Provide DP Service What is this parameter? Yes Yes
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About Brokerage Plans

Compare ProStocks vs MyValueTrade - Plan Options
  ProStocks MyValueTrade
Monthly Plans What is this parameter? Yes Yes
Yearly Plans What is this parameter? Yes Yes
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Contact Broker / Request A Call Back

  ProStocks MyValueTrade
Contact / Request Call Back
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Brokerage Charges

Compare ProStocks vs MyValueTrade - Brokerage Charges
  ProStocks MyValueTrade
Plan Name What is this parameter? Flat Fee Plan Per Order Executed
Plan Description What is this parameter? Rs 15, trade in any segment, fix price, no worries of volume and size of trade.Lower then Zerodha and RKSV, higher from SAS Online, but NO PCM FEE. 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? Rs 15 10 Rs
Equity Intraday What is this parameter? Rs 15 10 Rs
Equity Futures What is this parameter? Rs 15 10 Rs
Equity Options What is this parameter? Rs 15 10 Rs
Currency Futures What is this parameter? Rs 15 10 Rs
Currency Options What is this parameter? Rs 15 10 Rs
Commodity Trading What is this parameter? NA 10 Rs
Minimum Brokerage What is this parameter? NA Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for prostocks Brokerage Calculator for my-value-trade
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Share Broker's Transaction/Turnover Charges

Compare ProStocks vs MyValueTrade - Transaction/Turnover Charges
  ProStocks 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 prostocks Complete Brokerage Plans for my-value-trade
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Trading Features

Compare ProStocks vs MyValueTrade - Trading Feature and platform
  ProStocks 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? No 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?
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Trading Platform

Compare ProStocks vs MyValueTrade - Trading Platform
  ProStocks MyValueTrade
Desktop Trading Platform What is this parameter? ProStocks InHouse,NSE NOW 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? ProStocks Web,NSE NOW 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? ProStocks Mobile ,NSE NOW 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 prostocks Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare ProStocks vs MyValueTrade - Rating
  ProStocks MyValueTrade
  1 Customer Reviews    Rate ProStocks 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 4.0 3.7
Trading Brokerage Rating 4.0 4.0
Trading Platform Usability 4.0 3.2
Customer Service Ratings 3.0 3.2
Overall Ratings Rated 4.0 stars Rated 3.2 stars
Broker Rating ProStocks is Rated 4.0 / 5 based on 1 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
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Investment Services

Compare ProStocks vs MyValueTrade - Investment Options
  ProStocks 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? No No
Online IPO Application What is this parameter? No No
Mutual Funds What is this parameter? No No
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
ETF What is this parameter? Yes Yes
Banking What is this parameter? No No
Insurance What is this parameter? No No
Forex What is this parameter? No No
SIP Investment What is this parameter? No No
Other Investment Options What is this parameter?
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Customer Service Offered

Compare ProStocks vs MyValueTrade - Customer Service Offerance
  ProStocks 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? No Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No No
Through Branches What is this parameter? No No
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Tips/Research/Reports Published

Compare ProStocks vs MyValueTrade - Research, Tips Reports
  ProStocks MyValueTrade
Research Mutual Funds What is this parameter? No No
Research Equity Reports What is this parameter? No No
Research ETF What is this parameter? No No
Daily Market Report What is this parameter? No No
Free Tips What is this parameter? No No
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
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Demat Account

Compare ProStocks vs MyValueTrade - Demat Account
  ProStocks MyValueTrade
DP Source CDSL NSDL
Demat Account Annual Maintenance Charges(AMC) Nil NIL
Advance Deposit 1000/- Refundable Deposit against charges 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) Rs.8/- + Rs 5.50/-(CDSL charges) per ISIN Rs. 12/- for each debit instruction
Demat Rs 50/- per set up + Rs 50/-courier charges Rs. 20/- per DRF plus Rs. 3/- per certificate
Remat Rs 50/- per set up + Rs 50/-courier 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 50/- per set up Rs. 50/-
Pledge Creation Confirmation Nil Nil
Pledge Closure Rs 50/- per set up Rs. 25/-
Pledge Closure Confirmation Nil Nil
Pledge Invocation Rs 50/- per set up Rs. 25/-
Failed Instruction Charges Failed transactions Rs 50/- per ISIN Rs. 20/- per intimation per instruction
Other Charges NIL

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Special Offers,Advantages,Disadvantages

Compare ProStocks vs MyValueTrade - Special Offers and Promotion
  ProStocks MyValueTrade
Likes
  • Lowest call and trade charges.
  • Simple and low cost brokerage.
  • Industry's best tools and platforms.
  • Fully online account opening process.
  • IVRS facilities for backoffice and balance confirmation.
  • Strong back office support.
  • Best customer support.
  • Rs 0 PCM fee

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
  • Not a 3 in 1 broker.
  • Doesn't provide trading in commodity, IPOs and Mutual Fund.

More Disadvantages...

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

More Disadvantages...

Special Offers/Promo

Free Trading & Demat Account (for limited time only)

ProStocks offer FREE Trading + Demat Account(NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire about ProStocks Enquire about MyValueTrade

Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

Paperless account opening*


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
*Except PoA and Nomination form

Get FREE Trading + Demat Acct

Zerodha  Zerodha

e-Aadhar base account opening

Free Delivery trading

Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity

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



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