Sharekhan Vs MyValueTrade

Here we present 1 on 1 comparison of Sharekhan 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 Sharekhan 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 Sharekhan vs MyValueTrade - Broker type and exchange supported
  Sharekhan Logo
Sharekhan
MyValueTrade Logo
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? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE, MCX
Broker Overview Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ... Know more about Sharekhan 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 Sharekhan. 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 Sharekhan vs MyValueTrade - Trading and Demat Account Charges
  Sharekhan MyValueTrade
Trading Account Opening Fees What is this parameter? Free(trading + Demat) Rs 555
Trading AMC What is this parameter? NIL Nil
Demat Account Opening Fees What is this parameter? Rs 0 NIL
Demat AMC What is this parameter? Rs 400(free for 1st year) 400 Rs Per Year (First year free)
Provide DP Service What is this parameter? Yes Yes
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About Brokerage Plans

Compare Sharekhan vs MyValueTrade - Plan Options
  Sharekhan MyValueTrade
Monthly Plans What is this parameter? No Yes
Yearly Plans What is this parameter? No Yes
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Contact Broker / Request A Call Back

  Sharekhan MyValueTrade
Contact / Request Call Back
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Brokerage Charges

Compare Sharekhan vs MyValueTrade - Brokerage Charges
  Sharekhan MyValueTrade
Plan Name What is this parameter? Classic Account Per Order Executed
Plan Description What is this parameter? 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. 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? 0.5%(buy and sell side) 10 Rs
Equity Intraday What is this parameter? 0.1%(buy and sell side) 10 Rs
Equity Futures What is this parameter? 0.1% on 1st leg and square off any other day 10 Rs
Equity Options What is this parameter? Rs 100/- per lot or 2.5% on premium (whichever is higher) 10 Rs
Currency Futures What is this parameter? 0.1% 10 Rs
Currency Options What is this parameter? Rs.30/- per lot or 2.5% on premium (whichever is h 10 Rs
Commodity Trading What is this parameter? 0.1% 10 Rs
Minimum Brokerage What is this parameter? Rs 20 Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for sharekhan Brokerage Calculator for my-value-trade
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Share Broker's Transaction/Turnover Charges

Compare Sharekhan vs MyValueTrade - Transaction/Turnover Charges
  Sharekhan 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 100 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 sharekhan Complete Brokerage Plans for my-value-trade
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Trading Features

Compare Sharekhan vs MyValueTrade - Trading Feature and platform
  Sharekhan 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? Yes 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 Sharekhan vs MyValueTrade - Trading Platform
  Sharekhan MyValueTrade
Desktop Trading Platform What is this parameter? TradeTiger 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? newtrade.sharekhan.com 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? ShareMobile 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 sharekhan Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare Sharekhan vs MyValueTrade - Rating
  Sharekhan MyValueTrade
  174 Customer Reviews    Rate Sharekhan 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.2 3.7
Trading Brokerage Rating 3.1 4.0
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.5 3.2
Overall Ratings Rated 3.6 stars Rated 3.2 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 174 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
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Investment Services

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

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

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

Compare Sharekhan vs MyValueTrade - Demat Account
  Sharekhan MyValueTrade
DP Source CDSL NSDL
Demat Account Annual Maintenance Charges(AMC) Tariff : Rs.p.a-[A:400,B:500,C:350,D:Nil,E:100,F:500,H:1000,G:Nil(holding Value <= Rs.50000)or 100(holding Value from Rs.50001 to Rs.200000)or 400(holding Value >Rs.200000)] will be levied from that date onwards & rest of charges will be levied as per regular scheme.*A,C,E&H Free for the 1st Year. NIL
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) 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 Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) A&B:Sales SK :0 Else 0.03% of value of tran(min Rs.30),C&D:Sales SK Rs. 6 Per tran Else 0.03% of value of tran(min Rs.30),E & H:Sales SK 0.03% of value of tran (E:min Rs.29,H:min Rs.30) Else 0.03% of value of tran(min Rs.49),F:0.03% of value of tran(min Rs.30),G:0.03% of value of tran(min Rs.49) Rs. 12/- for each debit instruction
Demat Rs. 5 per certificate (Min Rs. 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs. 100 per request for Tariff G ) Rs. 20/- per DRF plus Rs. 3/- per certificate
Remat Rs.50 per certificate or Rs.50 for every hundred securities 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 0.03 % of the value of the Transaction (Min Rs. 100 per transaction) Rs. 50/-
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil Rs. 25/-
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil Rs. 25/-
Failed Instruction Charges Nil Rs. 20/- per intimation per instruction
Other Charges 1) Freeze /De-freeze - Rs. 25 per request 2) Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs. 100) 3)Client Master changes Rs.30 per request for Tariff G

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs MyValueTrade - Special Offers and Promotion
  Sharekhan MyValueTrade
Likes
  • Free call and trade facility.
  • Most powerful and robust trading terminal-'Trade Tiger'.
  • Share transfer from and to the DP account is free.
  • Huge network.
  • Supports commodity trading.

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
  • Doesn't offer 3-in-1 account.
  • Minimum brokerage charges which makes it difficult to trade in penny stocks.
  • High brokerage so not well fit for day traders.
  • Classic account doesn't facilitate to trade in commodities.

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

More Disadvantages...

Special Offers/Promo
Enquire about Sharekhan Enquire about MyValueTrade

Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

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

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Max Rs 20 Per Trade for F&O

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



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