The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of HDFC Securities ranges between .05 to .5%. MyValueTrade is a Discount Broker where HDFC Securities is a Full Service Broker. MyValueTrade is having overall lower rating compare to HDFC Securities. MyValueTrade is rated only 3.5 out of 5 where HDFC Securities is rated 4 out of 5.
Here we present side-by-side comparison of MyValueTrade vs HDFC Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared MyValueTrade vs HDFC Securities'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||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX||BSE, NSE|
|Broker Overview||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.||One of the largest full-service brokers in India with a client base of above 20 lakh customers, including both retail and institutional clients. It offers a 3-in-1 account integrating HDFC Securities demat account, HDFC Securities trading account, an...|
In this section we have compared MyValueTrade with HDFC Securities on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where HDFC Securities charges Rs 999 for account opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Rs 555||Rs 999|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Waived for 1st year)||Rs 750 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare MyValueTrade with HDFC Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provide Multiple Plans where HDFC Securities doesn't offer Monthlay Plans - MyValueTrade provide Monthly Plans where HDFC Securities doesn't offer
|Plan Types||MyValueTrade||HDFC Securities|
|Account Opening Request|
MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
HDFC Securities Brokerage Plan detail - HDFC Securities have % base brokerage plan, where Minimum brokerage is fix @Rs25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on higher range and Equity Delivery & Future trading is on average brokerage level with compare to other full service brokers.
|Brokerage Charges Compare||MyValueTrade||HDFC Securities|
|Plan Name||Flat Fee Rs 10 Trading Plan||Online Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 10||0.5% or 50 paisa|
|Equity Intraday||Flat Fee Rs 10||0.05% or 5 paisa|
|Equity Futures||Flat Fee 10 Rs||0.05% or 5 paisa|
|Equity Options||Flat Fee Rs 10||0.1% of Premium or Rs 100 per lot whichever is high|
|Currency Futures||Flat Fee 10 Rs||Rs 23 per lot|
|Currency Options||Flat Fee Rs 10||Rs 20 per lot|
|Commodity Trading||Flat Fee 10 Rs||Rs. 20 per order|
|Minimum Brokerage||Rs 10 or .01% whichever is lower||Rs 25|
|Hidden Charges||Info Not Available||Yes|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Info Not Available||Free|
|Brokerage Calculator||Brokerage Calculator for MyValueTrade||Brokerage Calculator for HDFC Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for MyValueTrade||SPAN Margin Calculator for HDFC Securities|
Compare MyValueTrade with HDFC Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||MyValueTrade||HDFC Securities|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 300 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 6000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 120 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4200 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for my-value-trade||Complete Brokerage Plans for hdfc-securities|
Compare MyValueTrade with HDFC Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where MyValueTrade offers only 2-in-1 account which includes trading and demat account. Algo Trading - MyValueTrade offers Algo Trading where HDFC Securities doesn't offers Algo Trading. Margin Funding - MyValueTrade offers margin funding where HDFC Securities doesn't offers margin funding. NRI Trading - HDFC Securities offers NRI where MyValueTrade doesn't offers NRI Trading.
|Account Features Compare||MyValueTrade||HDFC Securities|
|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 MyValueTrade and HDFC Securities. 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||MyValueTrade||HDFC Securities|
|Desktop Trading Platform||MVT Trade||Blink|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://direct.mastermarts.com/||https://trade.hdfcsec.com/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MVT Mobile||HDFC securities Mobile|
|Mobile Trading App Demo||Info Not Available||HDFC securities Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod MVT Mobile Download||Andriod HDFC securities Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MVT Mobile Download||iOS HDFC securities Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Yes, Blink - Rs 3999 PA,ProTerminal -Rs 1999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for MyValueTrade||Equity Intraday and Delivery Brokerage Calculator for HDFC Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for MyValueTrade||Futures Brokerage Calculator for HDFC Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for MyValueTrade||Options Brokerage Calculator for HDFC Securities|
|Detail||Detail on Trading Platforms for my-value-trade||Detail on Trading Platforms for hdfc-securities|
|10 Customer Reviews||92 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews||HDFC Securities is Rated 2.5 / 5 based on 92 customer reviews|
Compare MyValueTrade with HDFC Securities 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 - HDFC Securities 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||MyValueTrade||HDFC Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Insurance|
Order Type - Compare MyValueTrade with HDFC Securities 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) - HDFC Securities provides 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)- MyValueTrade offers After Market Orders where HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||MyValueTrade||HDFC Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre MyValueTrade with HDFC Securities 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||MyValueTrade||HDFC Securities|
|Equity Delivery Margin||Info Not Available||Up to 4x on equity delivery with Margin Funding.|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Upto 3x margin for intraday MIS orders for equity.|
|Futures Margin||1x means actual SPAN + Exposure.||Upto 3x leverage for futures|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||No leverage for Options buying and shorting.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Upto 10x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||Extra margin compare to NRML and MIS order|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||Info Not Available|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Info Not Available|
Compare MyValueTrade with HDFC Securities 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||MyValueTrade||HDFC Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||91-22-3355336|
|Account Opening Process||Info Not Available||Offline|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.hdfcsec.com/products/demolisting/|
|Head Office Address||Info Not Available||LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
|Website||Info Not Available||https://www.hdfcsec.com/|
Compare MyValueTrade with HDFC Securities on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare MyValueTrade with HDFC Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa (Second year onwards)||₹750 pa|
|Advance Deposit||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||Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-|
|Transaction Charges on Debit (Per ISIN)||₹15||0.04% (Min ₹20) + CDSL charges|
|Demat||₹3 per certificate + ₹20 per DFR||₹5 per certificate + ₹35 request charges|
|Remat||₹20 for every hundred securities or ₹20 per certificate (whichever is higher)||₹30|
|Pledge Creation||₹50 per transaction||Nil|
|Pledge Creation Confirmation||Nil||0.04% of transaction value (Min ₹40)|
|Pledge Closure||₹25 per transaction||Nil|
|Pledge Closure Confirmation||Nil||0.04% of transaction value (Min ₹40)|
|Pledge Invocation||₹25 per transaction||0.04% of transaction value (Min ₹40)|
|Failed Instruction Charges||₹20||Nil|
Compare MyValueTrade with HDFC Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Info Not Available||Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Payout Time||Info Not Available||Instant to HDFC Bank.|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Direct from your HDFC bank account.|
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||Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Enquire about MyValueTrade||Enquire about HDFC Securities|
Last Updated on 2019-07-08T23:37:28+00:00