TradePlusOnline Vs MyValueTrade

The brokerage of Tradeplus online Max 99 Rs PM Flat* per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5.

Here we present 1 on 1 comparison of Tradeplus online 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 TradePlusOnline 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 Tradeplus online vs MyValueTrade - Broker type and exchange supported
  Tradeplus online Logo
Tradeplus online
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, MCX BSE, NSE, MCX
Broker Overview TradePlus started as financial service Industry and move towards equity broker, Depository Participant, commodity broker and now to discount broker with 3T guiding principal - Transparency, Technology and Trust. 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 TradePlusOnline. 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.
Expand

Account Opening Charges and AMC

Compare Tradeplus online vs MyValueTrade - Trading and Demat Account Charges
  Tradeplus online MyValueTrade
Trading Account Opening Fees What is this parameter? 199 Rs- FREE with joining offer Rs 555
Trading AMC What is this parameter? NIL Nil
Demat Account Opening Fees What is this parameter? NIL NIL
Demat AMC What is this parameter? 500 Rs for 5 years 400 Rs Per Year (First year free)
Provide DP Service What is this parameter? Yes Yes
Expand

About Brokerage Plans

Compare Tradeplus online vs MyValueTrade - Plan Options
  Tradeplus online MyValueTrade
Monthly Plans What is this parameter? Yes Yes
Yearly Plans What is this parameter? No Yes
Expand

Contact Broker / Request A Call Back

  Tradeplus online MyValueTrade
Contact / Request Call Back
Expand

Brokerage Charges

Compare Tradeplus online vs MyValueTrade - Brokerage Charges
  Tradeplus online MyValueTrade
Plan Name What is this parameter? Infinite Trading plan Per Order Executed
Plan Description What is this parameter? 99 Rs Monthly Plan - Lowest pricing in options, Currencies and Commodities. Best for intraday traders, at just Rs. 99 /month. Refundable plan[Refunded if you do not trade for month!] 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? 0.1% 10 Rs
Equity Intraday What is this parameter? 0.01% 10 Rs
Equity Futures What is this parameter? 799 PM FLAT 10 Rs
Equity Options What is this parameter? 99 PM FLAT 10 Rs
Currency Futures What is this parameter? 99 PM FLAT - BOTH CURRENCY F&O 10 Rs
Currency Options What is this parameter? 99 PM FLAT - BOTH CURRENCY F&O 10 Rs
Commodity Trading What is this parameter? 99 PM FLAT BOTH COMMODITY F&O 10 Rs
Minimum Brokerage What is this parameter? Rs 10 or .01% whichever is lower
Brokerage Calculator Brokerage Calculator for tradeplus Brokerage Calculator for my-value-trade
Expand

Share Broker's Transaction/Turnover Charges

Compare Tradeplus online vs MyValueTrade - Transaction/Turnover Charges
  Tradeplus online MyValueTrade
Equity Delivery What is this parameter? Rs 330 Per Cr Rs 325 Per Cr
Equity Intraday What is this parameter? Rs 330 Per Cr Rs 325 Per Cr
Equity Futures What is this parameter? Rs 350 Per Cr Rs 300 Per Cr
Equity Options What is this parameter? Rs 7500 Per Cr Rs 6000 Per Cr
Currency Futures What is this parameter? Rs 165 Per Cr Rs 120 Per Cr
Currency Options What is this parameter? Rs 6000 Per Cr Rs 4200 Per Cr
Commodity What is this parameter? MCX : 0.004% (400 per crore) 0.0025%
Brokerage Charges Complete Brokerage Plans for tradeplus Complete Brokerage Plans for my-value-trade
Expand

Trading Features

Compare Tradeplus online vs MyValueTrade - Trading Feature and platform
  Tradeplus online 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? No 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?
Expand

Trading Platform

Compare Tradeplus online vs MyValueTrade - Trading Platform
  Tradeplus online MyValueTrade
Desktop Trading Platform What is this parameter? NSE NOW,INFINI TRADER 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? https://www.nowonline.in/ 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? 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 tradeplus Detail on Trading Platforms for my-value-trade

Expand

Broker Ratings by Users

Compare Tradeplus online vs MyValueTrade - Rating
  Tradeplus online MyValueTrade
  9 Customer Reviews    Rate TradePlusOnline 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 4.9 3.7
Trading Brokerage Rating 4.8 4.0
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.4 3.2
Overall Ratings Rated 4.0 stars Rated 3.2 stars
Broker Rating TradePlusOnline is Rated 4.0 / 5 based on 9 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
Expand

Investment Services

Compare Tradeplus online vs MyValueTrade - Investment Options
  Tradeplus online 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? No No
Other Investment Options What is this parameter?
Expand

Customer Service Offered

Compare Tradeplus online vs MyValueTrade - Customer Service Offerance
  Tradeplus online 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? No No
Through Branches What is this parameter? No No
Expand

Tips/Research/Reports Published

Compare Tradeplus online vs MyValueTrade - Research, Tips Reports
  Tradeplus online 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? Yes No
Expand

Demat Account

Compare Tradeplus online vs MyValueTrade - Demat Account
  Tradeplus online MyValueTrade
DP Source NSDL NSDL
Demat Account Annual Maintenance Charges(AMC) A) Rs.1000/- Life time AMC, Only for Resident individual Clients having broking account with Navia Markets Ltd., B)Rs.2500/- Life Time AMC for Non Resident Individual clients with broking account C) With Broking Clients Rs. 500/- p.a. C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients and All types of corporate DP account. 5Years &10 Years AMC Scheme for ONLY DP Resident/NRI Individuals - Rs.3000/- for 5Years for ONLY DP Resident/NRI Individual , Rs.5000/- for 10 Years ONLY DP Resident/NRI Individual. E) For Commodities - Resident Individual Rs.1000/- Life Time AMC for 10 years period. F) For Commodities Corporate accounts - Rs.5000/- Life Time AMC for 10 years Period. NIL
Advance Deposit NIL 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) A) Market selling (DEBITS) through Navia markets Ltd with POA ( POA Issued favouring Navia Markets Ltd. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction @ Maximum of Rs. 200/- B) Markets selling (DEBITS) Through Navia Markets Ltd 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction @ Maximum of Rs. 200/- C) Market Selling(Debits) other than Navia Markets Ltd. off markets debits & inter depository debits 0.04% of transaction value subject to minimum of Rs.30/- per transaction. Incase of commodities - 1) Market Buying (Receipts) off market credit & inter depository receipts = NIL 2) Market selling (DEBITS) through Navia markets Ltd with POA ( POA Issued favouring Navia Markets Ltd. minimum Rs.30/- per transaction Maximum Rs.0.04 % value of the transaction whichever is higher.3) Markets selling (DEBITS) Through Navia Markets Ltd 0.06% of Transaction Value, subject to Minimum of Rs.50/- per Transaction. 4) Market Selling(Debits) other than Navia Markets Ltd. off markets debits & inter depository debits 0.06% of transaction value subject to minimum of Rs.50/- per transaction. Rs. 12/- for each debit instruction
Demat A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) For commodities Demat - Rs.100/- per DRF Rs. 20/- per DRF plus Rs. 3/- per certificate
Remat Rs.15 per certificate or Rs. 15/- for every hundred shares or part there of which ever is higher plus handling charges Rs. 50/- For Commodities - Rs.250/- per request 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.15/- per Transaction for non POA. For commodities Rs.30/ per transaction Rs. 50/-
Pledge Creation Confirmation 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Creation Nil
Pledge Closure Rs. 25/-
Pledge Closure Confirmation 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction Nil
Pledge Invocation Only for commodities 0.02% of the value of securities pledged, subject to minimum of Rs.100/- per Creation Rs. 25/-
Failed Instruction Charges 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Creation. For Commodities - 0.02% of the value of securities pledged, subject to minimum of Rs.100/- per Creation Rs. 20/- per intimation per instruction
Other Charges Rs.15.00 Per Transaction. Incase of Commodities Rs.30/- per transaction.

Expand

Special Offers,Advantages,Disadvantages

Compare Tradeplus online vs MyValueTrade - Special Offers and Promotion
  Tradeplus online MyValueTrade
Likes
  • NRI Trading services.
  • Demat services.
  • Platform to trade in IPO, MF and Bonds.
  • Twitter enabled customer service.
  • data analytics platform, customized technical alert.
  • PAYTM integration & cashback.
  • Lowest price plan for Intraday traders.

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
  • Additional charges for using "Infini-Power" the technical analysis tool.
  • Call n Trade charges are very high - Rs 75 per day or Rs 1000 PM.

More Disadvantages...

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

More Disadvantages...

Special Offers/Promo
Enquire about TradePlusOnline 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



Search topsharebrokers.com:

Translate topsharebrokers.com: