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MyValueTrade Vs TradingBells: 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 TradingBells Max Rs 20 per trade. Both the brokers are Discount Brokers. MyValueTrade is having overall lower rating compare to TradingBells. MyValueTrade is rated only 3.5 out of 5 where TradingBells is rated 4 out of 5. Number of active customer for TradingBells is 81,054 where number of active customer for MyValueTrade is . TradingBells is serving more customer compare to MyValueTrade.

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

  MyValueTrade Compare
MyValueTrade
TradingBells Compare
TradingBells
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 81,054
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. Tradingbells, powered by Swastika Investmart Limited, presents a hybrid model of full service broker and Discount Broker to deliver the best of both. They have multiple retail broking services at cheaper online discount brokerage. Third in line after...Know more about TradingBells
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare MyValueTrade vs TradingBells on Trading & Demat Account Opening Charges

Comparison of MyValueTrade with TradingBells on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where TradingBells charges Rs 300 for account opening. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where TradingBells charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with TradingBells
Charges MyValueTrade TradingBells
Trading Account Opening Fees Rs 555 Rs 300
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 250 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs TradingBells on Plan Options

Plans are the most important feature you look when compare MyValueTrade with TradingBells. 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 TradingBells doesn't offer

Compare MyValueTrade with TradingBells on Plan Options
Plan Types MyValueTrade TradingBells
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 TradingBells 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.

TradingBells Brokerage Plan detail - Rs 20 or .01% per executed order, Which ever is lower. Free Delivery Trade.

Brokerage Charges - Compare MyValueTrade with TradingBells
Brokerage Charges Compare MyValueTrade TradingBells
Plan Name Flat Fee Rs 10 Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Fee Rs 10 Free
Equity Intraday Flat Fee Rs 10 0.01% or Rs 20 whichever is lower
Equity Futures Flat Fee 10 Rs 0.01% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 10 Flat Fee Rs 20
Currency Futures Flat Fee 10 Rs 0.01% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 10 Flat Fee Rs 20
Commodity Trading Flat Fee 10 Rs Flat Fee Rs 20
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 TradingBells
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Share Broker's Transaction Charges

Compare MyValueTrade vs TradingBells on Transaction Charges

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

Transaction Charges - Compare MyValueTrade with TradingBells
Transaction Charges Compare MyValueTrade TradingBells
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 310 Per Cr | Agri: Rs 225 Per Cr
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for tradingbells
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Account Features

Compare MyValueTrade vs TradingBells on Account Features

Compare MyValueTrade with TradingBells 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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - TradingBells offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - MyValueTrade with TradingBells
Account Features Compare MyValueTrade TradingBells
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 Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs TradingBells on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and TradingBells. 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 TradingBells
Trading Platform Compare MyValueTrade TradingBells
Desktop Trading Platform MVT Trade ODIN/NSE NOW
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ http://sfl.pns.pisces.net.in:81/html5/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile Swastika Mobile
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod Swastika Mobile Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS Swastika Mobile Download
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 TradingBells
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for TradingBells
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for TradingBells
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for tradingbells

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Broker Ratings by Users

Compare MyValueTrade vs TradingBells on User Rating

  MyValueTrade TradingBells
  10 Customer Reviews    Rate MyValueTrade 2 Customer Reviews    Rate TradingBells
Fees Ratings 3.7 5.0
Trading Brokerage Rating 4.0 5.0
Trading Platform Usability 3.4 3.5
Customer Service Ratings 3.4 4.0
Overall Ratings 3.4 4.5
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews TradingBells is Rated 4.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare MyValueTrade vs TradingBells on Investment Offerings

Compare MyValueTrade with TradingBells 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 - TradingBells offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare MyValueTrade vs TradingBells on Order Types

Order Type - Compare MyValueTrade with TradingBells 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 TradingBells
Order Type Compare MyValueTrade TradingBells
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 TradingBells on Customer Service

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

Compare MyValueTrade vs TradingBells on Research Reports, Tips

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

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

Compare MyValueTrade vs TradingBells on Demat Account

Compare MyValueTrade with TradingBells 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 TradingBells is ₹1000 one time where for MyValueTrade is ₹300 pa (Second year onwards).

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 TradingBells is 0.02% of transaction value (Min ₹17).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 TradingBells
  MyValueTrade TradingBells
DP Source NSDL CDSL
DP ID MyValueTrade vs TradingBells - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards) ₹1000 one time
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 (A)-*Rs.2000 (Individual and HUF)/ Rs.6500 (Corporates) if BO opt for Deposit Scheme.. (B)- One Time deposite Rs 1000/-(Non-Refundable) For Individual & HUF Rs. 3500/- (Non-Refundable) Entities other then above
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 0.02% of transaction value (Min ₹17)
Demat ₹3 per certificate + ₹20 per DFR ₹2 per certificate + courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹25 for every hundred securities (Min ₹50) + CDSL charges
Pledge Creation ₹50 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹20 ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs TradingBells on Special Offers and Promotion

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

Compare MyValueTrade vs TradingBells on Special Offers and Promotion
  MyValueTrade TradingBells
Pay In and Pay Out Options MyValueTrade vs TradingBells - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time MyValueTrade vs TradingBells - Payout Time Info Not Available Info Not Available
Bank Supported and Charges MyValueTrade vs TradingBells - 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 innovative tools and technology.
  • Lack of information on website.

Detail Review...

Special Offers/Promo Special Referral bonus up to 20% when you refer a friend.
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Last Updated on 2019-07-08T23:37:28+00:00