Compare 3 Brokers

Geojit Vs MyValueTrade: Which one is better?

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.

Compare Geojit vs MyValueTrade on Service

  Geojit Compare
Geojit
MyValueTrade Compare
MyValueTrade
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? 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... Know more about Geojit 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 Geojit. 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 Geojit vs MyValueTrade on Trading & Demat Account Opening Charges

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

Compare Geojit vs MyValueTrade on Plan Options

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

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

Account Opening

  Geojit MyValueTrade
Account Opening Request
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Brokerage Charges

Compare Geojit vs MyValueTrade on Brokerage Charges

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 with MyValueTrade
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
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Share Broker's Transaction Charges

Compare Geojit vs MyValueTrade on Transaction Charges

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

Transaction Charges - Compare Geojit with MyValueTrade
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
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Account Features

Compare Geojit vs MyValueTrade on Account Features

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 - Geojit with MyValueTrade
Account Features Compare Geojit MyValueTrade
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. No Geojit have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No 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 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Geojit vs MyValueTrade on Trading Platform

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 with MyValueTrade
Trading Platform Compare Geojit MyValueTrade
Desktop Trading Platform SELFIE Platinum 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://selfie.geojit.net/ https://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit MVT Mobile
Mobile Trading App Demo SELFIE Geojit Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) No No
iOS App Download iOS SELFIE Geojit Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) No No
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

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Broker Ratings by Users

Compare Geojit vs MyValueTrade on User Rating

  Geojit MyValueTrade
  74 Customer Reviews    Rate Geojit 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.6 3.7
Trading Brokerage Rating 3.4 4.0
Trading Platform Usability 4.0 3.2
Customer Service Ratings 3.8 3.2
Overall Ratings Rated 3.7 stars Rated 3.2 stars
Broker Rating Geojit is Rated 3.7 / 5 based on 74 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
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Investment Offerings

Compare Geojit vs MyValueTrade on Investment Offerings

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 with MyValueTrade
Investment Offerings Compare Geojit 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 Yes No
PMS Service Yes No
Other Investment Options Insurance NIL
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Order Types

Compare Geojit vs MyValueTrade on Order Types

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

Compare Geojit vs MyValueTrade on Margin/Leverage

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.

Exposure/margin - Compare Geojit with MyValueTrade
Margin Product Compare Geojit MyValueTrade
Equity Delivery Margin Geojit vs MyValueTrade - Equity Delivery Margin Upto 2x leverage for equity delivery - via Margin Funding. Info Not Available
Equity Intraday Margin Geojit vs MyValueTrade - Equity Intraday Margin Upto 10x leverage for equity. Info Not Available
Futures Margin Geojit vs MyValueTrade - Futures Margin Info Not Available Info Not Available
Options Margin Geojit vs MyValueTrade - Options Margin Info Not Available Info Not Available
Equity CO Margin Geojit vs MyValueTrade - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin Geojit vs MyValueTrade - Futures CO Margin Info Not Available Info Not Available
Options CO Margin Geojit vs MyValueTrade - Options CO Margin Info Not Available Info Not Available
Commodity Margin Geojit vs MyValueTrade - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Geojit vs MyValueTrade on Customer Service

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 Support - Compare Geojit with MyValueTrade
Customer Service Compare Geojit MyValueTrade
24/7 Customer Service Geojit vs MyValueTrade - 24x7 customer support No No
Email Support Geojit vs MyValueTrade - Email Support Yes Yes
Onine Live Chat Geojit vs MyValueTrade - Onine Live Chat No Yes
Phone Support Geojit vs MyValueTrade - Phone Support Yes Yes
Toll Free Number Geojit vs MyValueTrade - Toll Free Number Yes No
Through Branches Geojit vs MyValueTrade - Through Branches Yes No
Customer Care Number Geojit vs MyValueTrade - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 Info Not Available
Account Opening Process Geojit vs MyValueTrade - Account Opening Process Offline Info Not Available
Customer Support Email Geojit vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Geojit vs MyValueTrade - Knowledge Center/Education https://www.geojit.com/equity-products/class-room Info Not Available
Head Office Address Geojit vs MyValueTrade - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Info Not Available
Website Geojit vs MyValueTrade - Company Website https://www.geojit.com/ Info Not Available
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Tips/Research/Reports Published

Compare Geojit vs MyValueTrade on Research Reports, Tips

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

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

Compare Geojit vs MyValueTrade on Demat Account

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

Demat Charges - Compare Geojit with MyValueTrade
  Geojit MyValueTrade
DP Source CDSL NSDL
DP ID Geojit vs MyValueTrade - DP ID 48900 No
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
Statutory charges NIL Nil
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

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Special Offers,Advantages,Disadvantages

Compare Geojit vs MyValueTrade on Special Offers and Promotion

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

Compare Geojit vs MyValueTrade on Special Offers and Promotion
  Geojit MyValueTrade
Pay In and Pay Out Options Geojit 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 SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Geojit vs MyValueTrade - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Geojit vs MyValueTrade - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • Strong research ideas.
  • Daily mails on market conditions and recommendations.
  • Latest online trading Platform SELFIE.
  • Exclusive branches for women.

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
  • No brokerage calculator.
  • Lacking online chat and 24*7 support.
  • Minimum Brokerage charges.

Detail Review...

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

Detail Review...

Special Offers/Promo
Enquiry Enquire about Geojit Enquire about MyValueTrade

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







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