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5paisa Vs MyValueTrade: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. 5paisa is having overall higher rating compare to MyValueTrade. 5paisa is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5. Number of active customer for 5paisa is 17,18,734 where number of active customer for MyValueTrade is . 5paisa is serving more customer compare to MyValueTrade.

Here we present side-by-side comparison of 5paisa vs MyValueTrade share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs MyValueTrade'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 5paisa vs MyValueTrade share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs MyValueTrade'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 5paisa vs MyValueTrade on Service

  5paisa Compare
5paisa
MyValueTrade Compare
MyValueTrade
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 4 stars Rated 4 stars
Trading Platform Rated 4 stars Rated 3.5 stars
Investments Offering Rated 4 stars Rated 4 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 17,18,734
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa 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 Request call back from 5paisa Request call back from MyValueTrade
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Account Opening Charges and AMC

Compare 5paisa vs MyValueTrade on Trading & Demat Account Opening Charges

Comparison of 5paisa with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with MyValueTrade
Charges 5paisa MyValueTrade
Trading Account Opening Fees Rs 300 (Rs 500 Cashback as Brokerage) Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs MyValueTrade on Plan Options

Plans are the most important feature you look when compare 5paisa with MyValueTrade. 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 provides Monthly Plans where 5paisa doesn't offer

Compare 5paisa with MyValueTrade on Plan Options
Plan Types 5paisa MyValueTrade
Multiple Plans Yes Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  5paisa MyValueTrade
Account Opening Request
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Brokerage Charges

Compare 5paisa vs MyValueTrade on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.

Brokerage Charges - Compare 5paisa with MyValueTrade
Brokerage Charges Compare 5paisa MyValueTrade
Plan Name Basic Plan Flat Fee Rs 10 Trading Plan
Equity Delivery Flat Fee Rs 20 Flat Fee Rs 10
Equity Intraday Flat Fee Rs 20 Flat Fee Rs 10
Equity Futures Flat Fee Rs 20 Flat Fee 10 Rs
Equity Options Flat Fee Rs 20 Flat Fee Rs 10
Currency Futures Flat Fee Rs 20 Flat Fee 10 Rs
Currency Options Flat Fee Rs 20 Flat Fee Rs 10
Commodity Trading Flat Fee Rs 20 Flat Fee 10 Rs
Minimum Brokerage NA Rs 10 or .01% whichever is lower
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 100 per call(No limit of orders) Info Not Available
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for MyValueTrade
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Share Broker's Transaction Charges

Compare 5paisa vs MyValueTrade on Transaction Charges

Compare 5paisa with MyValueTrade on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with MyValueTrade
Transaction Charges Compare 5paisa MyValueTrade
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 300 Per Cr
Equity Options Rs 5000 Per Cr Rs 6000 Per Cr
Currency Futures Rs 90 Per Cr Rs 120 Per Cr
Currency Options Rs 4000 Per Cr Rs 4200 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for my-value-trade
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Account Features

Compare 5paisa vs MyValueTrade on Account Features

Compare 5paisa with MyValueTrade 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 - both doesn't offer NRI Trading facility.

Account Features - 5paisa with MyValueTrade
Account Features Compare 5paisa MyValueTrade
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa 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 Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs MyValueTrade on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and MyValueTrade. 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 5paisa with MyValueTrade
Trading Platform Compare 5paisa MyValueTrade
Desktop Trading Platform 5paisaTradeStation MVT Trade
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App MVT Mobile
Mobile Trading App Demo 5paisa Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS 5paisa Mobile App Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare 5paisa vs MyValueTrade on User Rating

  5paisa MyValueTrade
  27 Customer Reviews    Rate 5paisa 10 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.1 3.7
Trading Brokerage Rating 3.9 4.0
Trading Platform Usability 3.3 3.4
Customer Service Ratings 2.7 3.4
Overall Ratings Rated 3.2 stars Rated 3.4 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews
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Investment Offerings

Compare 5paisa vs MyValueTrade on Investment Offerings

Compare 5paisa with MyValueTrade 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 - 5paisa 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 5paisa with MyValueTrade
Investment Offerings Compare 5paisa MyValueTrade
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs MyValueTrade on Order Types

Order Type - Compare 5paisa with MyValueTrade 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) - 5paisa provide Cover Orders (CO) where MyValueTrade doesn't offer.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) - 5paisa provide Bracket Orders (BO) where MyValueTrade doesn't offer.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 5paisa with MyValueTrade
Order Type Compare 5paisa MyValueTrade
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare 5paisa vs MyValueTrade on Customer Service

Compare 5paisa with MyValueTrade 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 5paisa with MyValueTrade
Customer Service Compare 5paisa MyValueTrade
24/7 Customer Service 5paisa vs MyValueTrade - 24x7 customer support No No
Email Support 5paisa vs MyValueTrade - Email Support Yes Yes
Onine Live Chat 5paisa vs MyValueTrade - Onine Live Chat No Yes
Phone Support 5paisa vs MyValueTrade - Phone Support Yes Yes
Toll Free Number 5paisa vs MyValueTrade - Toll Free Number No No
Through Branches 5paisa vs MyValueTrade - Through Branches No No
Customer Care Number 5paisa vs MyValueTrade - Customer Care Number +91 89766 89766 Info Not Available
Account Opening Process 5paisa vs MyValueTrade - Account Opening Process Online/Paperless Info Not Available
Customer Support Email 5paisa vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education 5paisa vs MyValueTrade - Knowledge Center/Education https://www.5paisa.com/knowledge-centre Info Not Available
Head Office Address 5paisa vs MyValueTrade - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Info Not Available
Website 5paisa vs MyValueTrade - Company Website https://www.5paisa.com/ Info Not Available
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Tips/Research/Reports Published

Compare 5paisa vs MyValueTrade on Research Reports, Tips

Compare 5paisa with MyValueTrade on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with MyValueTrade
  5paisa MyValueTrade
Research Mutual Funds 5paisa vs MyValueTrade - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs MyValueTrade - Research Equity Reports Yes No
Research ETF 5paisa vs MyValueTrade - Research ETF No No
Daily Market Report 5paisa vs MyValueTrade - Daily Market Report Yes No
Free Tips 5paisa vs MyValueTrade - Free Tips Yes No
Quarterly Result Analysis 5paisa vs MyValueTrade - Quarterly Results No No
News Alerts 5paisa vs MyValueTrade - Yes No
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Demat Account

Compare 5paisa vs MyValueTrade on Demat Account

Compare 5paisa with MyValueTrade 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 MyValueTrade is ₹300 pa (Second year onwards) where for 5paisa is ₹300 pa.

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 5paisa is ₹12.50 per ISIN where for MyValueTrade is ₹15.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 5paisa with MyValueTrade
  5paisa MyValueTrade
DP Source CDSL NSDL
DP ID 5paisa vs MyValueTrade - DP ID 82500 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa (Second year onwards)
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) ₹12.50 per ISIN ₹15
Demat ₹15 per certificate ₹3 per certificate + ₹20 per DFR
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 ₹50 per transaction
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL ₹25 per transaction
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs MyValueTrade on Special Offers and Promotion

Compare 5paisa with MyValueTrade on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs MyValueTrade on Special Offers and Promotion
  5paisa MyValueTrade
Pay In and Pay Out Options 5paisa vs MyValueTrade - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time 5paisa vs MyValueTrade - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges 5paisa vs MyValueTrade - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Info Not Available
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Info Not Available
Likes
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

Detail Review...

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

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

Detail Review...

Special Offers/Promo Rs 500 Cashback as Brokerage benefit. This is a limited time promotional offer.
Enquiry Enquire for 5paisa Enquire for MyValueTrade

Last Updated on 2022-05-25T01:20:20+00:00


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