The brokerage of Geojit Max .03 to .3% per trade while the brokerage of MyValueTrade ranges between Rs 10. Geojit is a Full Service Broker where MyValueTrade is a Discount Broker. Geojit is having overall higher rating compare to MyValueTrade. Geojit is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.
Here we present side-by-side comparison of Geojit 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 Geojit 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-SX||BSE, NSE, MCX|
|Broker Overview||Based in Kochi, Kerela, Geojit BNP Paribas is a well-known and established brokerage house in India offering their clients customized online trading platforms, certified financial advisors, tips and recommendations, strong research ideas, portfolio m...||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 Geojit with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - Geojit offer Free account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - Geojit charges Rs 400 PA AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Rs 400 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Geojit with MyValueTrade. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provides Multiple Plans where Geojit doesn't offer Monthlay Plans - MyValueTrade provides Monthly Plans where Geojit doesn't offer
|Account Opening Request|
Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan.Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.
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||Geojit||MyValueTrade|
|Plan Name||Online Trading Plan (Percentage Based)||Flat Fee Rs 10 Trading Plan|
|Equity Delivery||0.3% or 30 paisa||Flat Fee Rs 10|
|Equity Intraday||0.03% or 3 paisa||Flat Fee Rs 10|
|Equity Futures||0.03% or 3 paisa||Flat Fee 10 Rs|
|Equity Options||Rs 75 Per Lot||Flat Fee Rs 10|
|Currency Futures||Rs 15 Per Lot||Flat Fee 10 Rs|
|Currency Options||Rs 15 Per Lot||Flat Fee Rs 10|
|Commodity Trading||0.05% or 5 paisa||Flat Fee 10 Rs|
|Minimum Brokerage||1p per share or Rs 20/contract whichever is higher||Rs 10 or .01% whichever is lower|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Yes - 20% interest PA||Info Not Available|
|Call & Trade Charges||Free||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Geojit||Brokerage Calculator for MyValueTrade|
|SPAN Margin Calculator||SPAN Margin Calculator for Geojit||SPAN Margin Calculator for MyValueTrade|
Compare Geojit with MyValueTrade on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Geojit||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 geojit||Complete Brokerage Plans for my-value-trade|
Compare Geojit 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 - MyValueTrade offers Algo Trading where Geojit doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Geojit offers NRI where MyValueTrade doesn't offers NRI Trading.
|Account Features Compare||Geojit||MyValueTrade|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Geojit 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||Geojit||MyValueTrade|
|Desktop Trading Platform||SELFIE Platinum||MVT Trade|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://selfie.geojit.net/||https://direct.mastermarts.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||SELFIE Geojit||MVT Mobile|
|Mobile Trading App Demo||SELFIE Geojit Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod SELFIE Geojit Download||Andriod MVT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SELFIE Geojit 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 Geojit||Equity Intraday and Delivery Brokerage Calculator for MyValueTrade|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Geojit||Futures Brokerage Calculator for MyValueTrade|
|Options Brokerage Calculator||Options Brokerage Calculator for Geojit||Options Brokerage Calculator for MyValueTrade|
|Detail||Detail on Trading Platforms for geojit||Detail on Trading Platforms for my-value-trade|
|74 Customer Reviews||9 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Geojit is Rated 3.7 / 5 based on 74 customer reviews||MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews|
Compare Geojit 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 - Geojit offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - Geojit provide PMS Service where MyValueTrade doesn't offer
|Investment Offerings Compare||Geojit||MyValueTrade|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||NIL|
Order Type - Compare Geojit 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) - both brokers 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 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- Geojit offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Geojit||MyValueTrade|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Geojit 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||Geojit||MyValueTrade|
|Equity Delivery Margin||Upto 2x leverage for equity delivery - via Margin Funding.||Info Not Available|
|Equity Intraday Margin||Upto 10x leverage for equity.||Info Not Available|
|Futures Margin||Info Not Available||Info Not Available|
|Options Margin||Info Not Available||Info Not Available|
|Equity CO Margin||Info Not Available||Info Not Available|
|Futures CO Margin||Info Not Available||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
Compare Geojit 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||Geojit||MyValueTrade|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800-425-5501/1800-103-5501/91-484-2405822||Info Not Available|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.geojit.com/equity-products/class-room||Info Not Available|
|Head Office Address||Geojit Financial Services Ltd.
Civil Line Road Padivattom,
|Info Not Available|
|Website||https://www.geojit.com/||Info Not Available|
Compare Geojit with MyValueTrade on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Geojit with MyValueTrade on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||RS 600 (Res.Ac), 450 Electronic comm.RS 2000 (NRI Clients), NRI Clients using Electronic Comm Rs.750; RS 1250 (Corporate Accounts). BSDA clients: NIL for holding value till Rs.50,000. Rs.100/- p.a. for holding value from Rs.50,001 to Rs.2,00,000/-. Holding value above 2Lakh normal tariff will be applicable||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|
|Transaction Charges on Debit (Per ISIN)||0.02 % subject to a min of Rs.15 & max of Rs.40 per trans, if the delivery is through POA/with DCN or 0.02% subjects to a min of Rs.20 & maxi of Rs.40 per trans, if the delivery is through DIS or POA without DCN. For Other broker debit: 0.02% subject to a min of Rs.50/- and max of Rs.100/- per Trans Off market: 0.02% subject to a min of Rs.20/- and max of Rs.40/- per trans, if the receiving demat account is with Geojit BNP Paribas. 0.02 % subject to a minimum of Rs.50/- and maximum of Rs.100/- per transaction if receiving demat account is outside Geojit BNP Paribas.||Rs. 12/- for each debit instruction|
|Demat||Nil+Courier Charges @ Rs 35||Rs. 20/- per DRF plus Rs. 3/- per certificate|
|Remat||Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher+courier charges Rs 35 per scrip||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 50 per trans, Rs.100/- per transaction for BSDA clients||Rs. 50/-|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||NIL||Rs. 25/-|
|Pledge Closure Confirmation||NIL||Nil|
|Pledge Invocation||Rs 50 per trans Rs.100 for BSDA clients||Rs. 25/-|
|Failed Instruction Charges||NIL||Rs. 20/- per intimation per instruction|
|Other Charges||0.05 % subject to a minimum of Rs.50/- and maximum of Rs.75/- per transaction, if the receiving demat accounts is with GBNPP. If the receiving demat account is outside Geojit BNP Paribas, then 0.05% subject to a minimum of Rs.100/- and maximum of Rs.150/- per transaction. Taxes extra|
Compare Geojit 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 funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
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||Info Not Available||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.
|Enquiry||Enquire about Geojit||Enquire about MyValueTrade|
Last Updated on 2019-06-27T00:43:21+00:00