Compare 3 Brokers

Finvasia Vs MyValueTrade: Which one is better?

The brokerage of Finvasia Max Rs 0 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. Finvasia is having overall higher rating compare to MyValueTrade. Finvasia is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.

Here we present side-by-side comparison of Finvasia 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 Finvasia 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.

Compare Finvasia vs MyValueTrade on Service

  Finvasia Compare
Finvasia
MyValueTrade Compare
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? BSE, NSE, MCX,MCX-SX,NCDEX BSE, NSE, MCX
Broker Overview Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e... Know more about Finvasia 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 Finvasia. 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 Finvasia vs MyValueTrade on Trading & Demat Account Opening Charges

In this section we have compared Finvasia with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia offer Free account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - Finvasia offer Free AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia with MyValueTrade
Charges Finvasia MyValueTrade
Trading Account Opening Fees Free Rs 555
Trading AMC Free Free
Demat Account Opening Fees Rs 0 (Rs 199 for POA) Free
Demat AMC Free Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs MyValueTrade on Plan Options

Plans are the most important feature you look when compare Finvasia with MyValueTrade. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provides Multiple Plans where Finvasia doesn't offer Monthlay Plans - MyValueTrade provides Monthly Plans where Finvasia doesn't offer

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

Account Opening

  Finvasia MyValueTrade
Account Opening Request
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Brokerage Charges

Compare Finvasia vs MyValueTrade on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan

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 Finvasia with MyValueTrade
Brokerage Charges Compare Finvasia MyValueTrade
Plan Name Zero Brokerage Trading Plan Flat Fee Rs 10 Trading Plan
Equity Delivery Free Flat Fee Rs 10
Equity Intraday Free Flat Fee Rs 10
Equity Futures Free Flat Fee 10 Rs
Equity Options Free Flat Fee Rs 10
Currency Futures Free Flat Fee 10 Rs
Currency Options Free Flat Fee Rs 10
Commodity Trading Free Flat Fee 10 Rs
Minimum Brokerage NIL Rs 10 or .01% whichever is lower
Hidden Charges No Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Rs 20 per executed Order Info Not Available
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for MyValueTrade
SPAN Margin Calculator SPAN Margin Calculator for Finvasia SPAN Margin Calculator for MyValueTrade
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Share Broker's Transaction Charges

Compare Finvasia vs MyValueTrade on Transaction Charges

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

Transaction Charges - Compare Finvasia with MyValueTrade
Transaction Charges Compare Finvasia 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 115 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 finvasia Complete Brokerage Plans for my-value-trade
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Account Features

Compare Finvasia vs MyValueTrade on Account Features

Compare Finvasia 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 - MyValueTrade offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - Finvasia with MyValueTrade
Account Features Compare Finvasia MyValueTrade
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Finvasia vs MyValueTrade on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia 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 Finvasia with MyValueTrade
Trading Platform Compare Finvasia MyValueTrade
Desktop Trading Platform OMNESYS NEST MVT Trade
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://direct.mastermarts.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App SCALPERT MVT Mobile
Mobile Trading App Demo SCALPERT Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) No No
iOS App Download Info Not Available iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Basic Tools are free, advance tools are chargable. Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare Finvasia vs MyValueTrade on User Rating

  Finvasia MyValueTrade
  5 Customer Reviews    Rate Finvasia 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.0 3.7
Trading Brokerage Rating 3.8 4.0
Trading Platform Usability 4.0 3.2
Customer Service Ratings 3.4 3.2
Overall Ratings Rated 3.6 stars Rated 3.2 stars
Broker Rating Finvasia is Rated 3.6 / 5 based on 5 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
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Investment Offerings

Compare Finvasia vs MyValueTrade on Investment Offerings

Compare Finvasia 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 - Finvasia 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 Finvasia with MyValueTrade
Investment Offerings Compare Finvasia 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 No 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 Finvasia vs MyValueTrade on Order Types

Order Type - Compare Finvasia 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) - Finvasia 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) - Finvasia 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Finvasia with MyValueTrade
Order Type Compare Finvasia MyValueTrade
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Finvasia vs MyValueTrade on Margin/Leverage

Comapre Finvasia 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.

Exposure/margin - Compare Finvasia with MyValueTrade
Margin Product Compare Finvasia MyValueTrade
Equity Delivery Margin Finvasia vs MyValueTrade - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Info Not Available
Equity Intraday Margin Finvasia vs MyValueTrade - Equity Intraday Margin Up to 10x leverage for equity. Info Not Available
Futures Margin Finvasia vs MyValueTrade - Futures Margin Up to 2x leverage (of NRML Margin) for futures. Info Not Available
Options Margin Finvasia vs MyValueTrade - Options Margin No leverage on options buying and selling. Info Not Available
Equity CO Margin Finvasia vs MyValueTrade - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin Finvasia vs MyValueTrade - Futures CO Margin Info Not Available Info Not Available
Options CO Margin Finvasia vs MyValueTrade - Options CO Margin Info Not Available Info Not Available
Commodity Margin Finvasia vs MyValueTrade - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Finvasia vs MyValueTrade on Customer Service

Compare Finvasia 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 Support - Compare Finvasia with MyValueTrade
Customer Service Compare Finvasia MyValueTrade
24/7 Customer Service Finvasia vs MyValueTrade - 24x7 customer support No No
Email Support Finvasia vs MyValueTrade - Email Support Yes Yes
Onine Live Chat Finvasia vs MyValueTrade - Onine Live Chat Yes Yes
Phone Support Finvasia vs MyValueTrade - Phone Support Yes Yes
Toll Free Number Finvasia vs MyValueTrade - Toll Free Number No No
Through Branches Finvasia vs MyValueTrade - Through Branches No No
Customer Care Number Finvasia vs MyValueTrade - Customer Care Number +911726670000/+911724770000/+919779097777 Info Not Available
Account Opening Process Finvasia vs MyValueTrade - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Finvasia vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Finvasia vs MyValueTrade - Knowledge Center/Education Info Not Available Info Not Available
Head Office Address Finvasia vs MyValueTrade - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Info Not Available
Website Finvasia vs MyValueTrade - Company Website https://www.finvasia.com/ Info Not Available
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Tips/Research/Reports Published

Compare Finvasia vs MyValueTrade on Research Reports, Tips

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

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

Compare Finvasia vs MyValueTrade on Demat Account

Compare Finvasia with MyValueTrade on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia with MyValueTrade
  Finvasia MyValueTrade
DP Source CDSL NSDL
DP ID Finvasia vs MyValueTrade - DP ID 84300 No
Demat Account Annual Maintenance Charges(AMC) Retail Clients- Rs. 0 BSDA Clients -Rs. 0 AMC for Corporates : Rs 999 PA NIL
Advance Deposit Rs 0 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 Rs 0 Nil
Transaction Charges on Debit (Per ISIN) Retail Clients- Rs. 09 BSDA Clients -Rs. 19 Corporate Clients- Rs. 25 Rs. 12/- for each debit instruction
Demat Retail clients : -Rs. 15 (Per Certificate) Corporate clients : Rs 40(Per Certificate) Rs. 20/- per DRF plus Rs. 3/- per certificate
Remat Retail clients : Rs. 15 (PER ISIN for 100 shares) Corporate clients : Rs. 40 ((PER ISIN for 100 shares) 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 Retail Clients- Rs. 25 +CDSL Charges BSDA Clients -Rs. 25 +CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges Rs. 50/-
Pledge Creation Confirmation NIL Nil
Pledge Closure Retail Clients- Rs. 25 + CDSL Charges BSDA Clients -Rs. 25 + CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges Rs. 25/-
Pledge Closure Confirmation NIL Nil
Pledge Invocation Retail Clients- Rs.19 BSDA Clients -Rs.19 Corporate Clients - Rs.30 Rs. 25/-
Failed Instruction Charges Retail Clients- Rs. 49 BSDA Clients -Rs. 49 Corporate Clients - Rs. 49 Rs. 20/- per intimation per instruction
Other Charges 1.Modification in CML - Retail Clients- Rs. 19 BSDA Clients -Rs. 19 2. Demat closure account Retail &Corporate Clients- Rs. 0 BSDA Clients -Rs. 0 3.POA services Retail & Corporate Clients- Rs. 199 (one time) BSDA Clients -Rs. 199(one time ) 4.Delay payment charges @2% per month on T+2 days would be charged for debit/shortage in payin/margin default, as per exchange requirements

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Special Offers,Advantages,Disadvantages

Compare Finvasia vs MyValueTrade on Special Offers and Promotion

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

Compare Finvasia vs MyValueTrade on Special Offers and Promotion
  Finvasia MyValueTrade
Pay In and Pay Out Options Finvasia vs MyValueTrade - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time Finvasia vs MyValueTrade - Payout Time Up to 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Finvasia vs MyValueTrade - Bank Supported and Charges Around 20+ banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Finvasia trading platforms. Info Not Available
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Info Not Available
Likes
  • Choice of trading platforms including in-house built Scalpert.
  • Zero brokerage charges for trading across all segments.
  • NRI services available.
  • Portfolio Management Service for HNIs.
  • Research on markets and guidance available.
  • Offer proprietary trading services.

Detail Review...

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.

Detail Review...

Dislikes
  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

Detail Review...

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

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquiry Enquire about Finvasia Enquire about MyValueTrade

Last Updated on 2019-06-27T00:43:21+00:00







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