The brokerage of Angel Broking Max Rs 20 per trade while the brokerage of MyValueTrade ranges between Rs 10. Angel Broking is a Full Service Broker where MyValueTrade is a Discount Broker. Angel Broking is having overall higher rating compare to MyValueTrade. Angel Broking is rated 4.5 out of 5 where MyValueTrade is rated only 3.5 out of 5.
Here we present side-by-side comparison of Angel Broking 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 Angel Broking 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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX,NCDEX||BSE, NSE, MCX|
|Broker Overview||Angel Broking, a leading full-service broker offering online trading in various financial products, personalized robo advisory, and investment strategies on the advanced technology platform.||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.|
In this section we have compared Angel Broking with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - Angel Broking charges Rs. 600 for account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - Angel Broking charges Rs 450 from 2nd year onwards AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Rs. 600||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 450 from 2nd year onwards||Rs 400 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Angel Broking with MyValueTrade. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provides Multiple Plans where Angel Broking doesn't offer Monthlay Plans - MyValueTrade provides Monthly Plans where Angel Broking doesn't offer
|Plan Types||Angel Broking||MyValueTrade|
|Account Opening Request|
Angel Broking Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency and Commodity Trading.
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||Angel Broking||MyValueTrade|
|Plan Name||Angel iTrade Prime Plan||Flat Fee Rs 10 Trading Plan|
|Equity Delivery||Free||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||NIL||Rs 10 or .01% whichever is lower|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Info Not Available||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Angel Broking||Brokerage Calculator for MyValueTrade|
|SPAN Margin Calculator||SPAN Margin Calculator for Angel Broking||SPAN Margin Calculator for MyValueTrade|
Compare Angel Broking with MyValueTrade on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Angel Broking||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 110 Per Cr||Rs 120 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4200 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for angel-broking||Complete Brokerage Plans for my-value-trade|
Compare Angel Broking 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||Angel Broking||MyValueTrade|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: ODIN(Angel) diet||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Angel Broking and MyValueTrade. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||Angel Broking||MyValueTrade|
|Desktop Trading Platform||Angel Speed Pro||MVT Trade|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.angelbroking.com/||https://direct.mastermarts.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Angel Broking Mobile App||MVT Mobile|
|Mobile Trading App Demo||Angel Broking Mobile App Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Angel Broking Mobile App Download||Andriod MVT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Angel Broking Mobile App Download||iOS MVT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Angel Broking||Equity Intraday and Delivery Brokerage Calculator for MyValueTrade|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Angel Broking||Futures Brokerage Calculator for MyValueTrade|
|Options Brokerage Calculator||Options Brokerage Calculator for Angel Broking||Options Brokerage Calculator for MyValueTrade|
|Detail||Detail on Trading Platforms for angel-broking||Detail on Trading Platforms for my-value-trade|
|72 Customer Reviews||10 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Angel Broking is Rated 3.3 / 5 based on 72 customer reviews||MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews|
Compare Angel Broking 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - Angel Broking offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - Angel Broking provide PMS Service where MyValueTrade doesn't offer
|Investment Offerings Compare||Angel Broking||MyValueTrade|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Angel Broking with MyValueTrade on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Angel Broking 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) - both brokers 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 facility. The orders are send to exchange on the next trading day. GTC Orders- Angel Broking offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Angel Broking||MyValueTrade|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Angel Broking with MyValueTrade on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Angel Broking||MyValueTrade|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Info Not Available|
|Equity Intraday Margin||Upto 3x leverage for equity - margin funding available.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Upto 3x leverage for futures - margin funding available.||1x means actual SPAN + Exposure.|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Upto 40x margin/leverage in CO for selected equity scripts.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Upto 40x margin/leverage in CO.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||Info Not Available||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||Info Not Available||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Angel Broking with MyValueTrade on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||Angel Broking||MyValueTrade|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-33551111/022-42185454||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||http://www.angelbroking.com/knowledge-center||Info Not Available|
|Head Office Address||Angel Broking Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai – 400 093.
|Info Not Available|
|Website||https://www.angelbroking.com/||Info Not Available|
Compare Angel Broking with MyValueTrade on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Angel Broking with MyValueTrade on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹450 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|
|Transaction Charges on Debit (Per ISIN)||₹20 + ₹5.50 (CDSL Charges) for every transaction||₹15|
|Demat||₹50 per certificate||₹3 per certificate + ₹20 per DFR|
|Remat||₹50 + CDSL Charges||₹20 for every hundred securities or ₹20 per certificate (whichever is higher)|
|Pledge Creation||₹25 per transaction||₹50 per transaction|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||₹25 per transaction||₹25 per transaction|
|Pledge Closure Confirmation||NIL||Nil|
|Pledge Invocation||NIL||₹25 per transaction|
|Failed Instruction Charges||Nil||₹20|
Compare Angel Broking with MyValueTrade on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Angel Trading Software.
Pay-out/Fund Withdrawal - Bank Transfer only
|Info Not Available|
|Payout Time||Upto 24 Hrs except Bank Holidays.||Info Not Available|
|Bank Supported and Charges||Around 40+ bank are prefered parter with Angel Broking.||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
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.
doesn't provide tips and recommendation; doesn't offer automated trading to its clients.
|Special Offers/Promo||Free Delivery and Flat Fee Rs 20 Per Order. Free Account Opening a limited time offer.|
|Enquiry||Enquire about Angel Broking||Enquire about MyValueTrade|
Last Updated on 2020-05-23T02:35:19+00:00