Compare 3 Brokers

MyValueTrade Vs India Infoline (IIFL): Which one is better?

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of India Infoline (IIFL) ranges between .05 to .5%. MyValueTrade is a Discount Broker where India Infoline (IIFL) is a Full Service Broker. MyValueTrade is having overall lower rating compare to India Infoline (IIFL). MyValueTrade is rated only 3.5 out of 5 where India Infoline (IIFL) is rated 4 out of 5.

Here we present side-by-side comparison of MyValueTrade vs India Infoline (IIFL) 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 India Infoline (IIFL)'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 MyValueTrade vs India Infoline (IIFL) on Service

  MyValueTrade Compare
MyValueTrade
India Infoline (IIFL) Compare
India Infoline (IIFL)
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE, MCX, NCDEX
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. IIFL empowers you with cutting-edge technology , world-renowned research reports, finest trading platform: Trader Terminal,online IPO investment, portfolio management services and so on for successful investment and trading comforts.
Broker Enquiry Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you. Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs India Infoline (IIFL) on Trading & Demat Account Opening Charges

In this section we have compared MyValueTrade with India Infoline (IIFL) on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where India Infoline (IIFL) charges Rs 750 for account opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where India Infoline (IIFL) charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with India Infoline (IIFL)
Charges MyValueTrade India Infoline (IIFL)
Trading Account Opening Fees Rs 555 Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Rs 555
Demat AMC Rs 400 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs India Infoline (IIFL) on Plan Options

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

Compare MyValueTrade with India Infoline (IIFL) on Plan Options
Plan Types MyValueTrade India Infoline (IIFL)
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans Yes No
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Account Opening Request

Account Opening

  MyValueTrade India Infoline (IIFL)
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs India Infoline (IIFL) on Brokerage Charges

MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.

India Infoline (IIFL) Brokerage Plan detail - This is a standard plan by IIFL.This is % based brokerage plan.Brokerage is between .05% to .5%, which is 5 paisa to 50 paisa.

Brokerage Charges - Compare MyValueTrade with India Infoline (IIFL)
Brokerage Charges Compare MyValueTrade India Infoline (IIFL)
Plan Name Flat Fee Rs 10 Trading Plan Standard 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 1% of Premium or Rs 100 per lot whichever is high
Currency Futures Flat Fee 10 Rs 0.05% or 5 paisa
Currency Options Flat Fee Rs 10 1% of Premium or Rs 100 per lot whichever is high
Commodity Trading Flat Fee 10 Rs 0.05% or 5 paisa
Minimum Brokerage Rs 10 or .01% whichever is lower Minimum Rs 25
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Info Not Available Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for India Infoline (IIFL)
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin Calculator for India Infoline (IIFL)
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Share Broker's Transaction Charges

Compare MyValueTrade vs India Infoline (IIFL) on Transaction Charges

Compare MyValueTrade with India Infoline (IIFL) on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with India Infoline (IIFL)
Transaction Charges Compare MyValueTrade India Infoline (IIFL)
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for iifl-online-5paisa
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Account Features

Compare MyValueTrade vs India Infoline (IIFL) on Account Features

Compare MyValueTrade with India Infoline (IIFL) 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 India Infoline (IIFL) doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - India Infoline (IIFL) offers NRI where MyValueTrade doesn't offers NRI Trading.

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

Compare MyValueTrade vs India Infoline (IIFL) on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and India Infoline (IIFL). 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 with India Infoline (IIFL)
Trading Platform Compare MyValueTrade India Infoline (IIFL)
Desktop Trading Platform MVT Trade IIFL Trader terminal
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ https://ttweb.indiainfoline.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile IIFL Markets
Mobile Trading App Demo Info Not Available IIFL Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod IIFL Markets Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS IIFL Markets Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for India Infoline (IIFL)
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for India Infoline (IIFL)
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for India Infoline (IIFL)
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for iifl-online-5paisa

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Broker Ratings by Users

Compare MyValueTrade vs India Infoline (IIFL) on User Rating

  MyValueTrade India Infoline (IIFL)
  9 Customer Reviews    Rate MyValueTrade 81 Customer Reviews    Rate India Infoline (IIFL)
Fees Ratings 3.7 3.1
Trading Brokerage Rating 4.0 2.9
Trading Platform Usability 3.2 3.4
Customer Service Ratings 3.2 2.9
Overall Ratings Rated 3.2 stars Rated 2.8 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews India Infoline (IIFL) is Rated 2.8 / 5 based on 81 customer reviews
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Investment Offerings

Compare MyValueTrade vs India Infoline (IIFL) on Investment Offerings

Compare MyValueTrade with India Infoline (IIFL) 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 - India Infoline (IIFL) offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - India Infoline (IIFL) provides PMS Service where MyValueTrade doesn't offer

Investment Offerings - Compare MyValueTrade with India Infoline (IIFL)
Investment Offerings Compare MyValueTrade India Infoline (IIFL)
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare MyValueTrade vs India Infoline (IIFL) on Order Types

Order Type - Compare MyValueTrade with India Infoline (IIFL) 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) - India Infoline (IIFL) 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)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- India Infoline (IIFL) offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.

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

Compare MyValueTrade vs India Infoline (IIFL) on Margin/Leverage

Comapre MyValueTrade with India Infoline (IIFL) 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 MyValueTrade with India Infoline (IIFL)
Margin Product Compare MyValueTrade India Infoline (IIFL)
Equity Delivery Margin MyValueTrade vs India Infoline (IIFL) - Equity Delivery Margin Info Not Available No Delivery margin.
Equity Intraday Margin MyValueTrade vs India Infoline (IIFL) - Equity Intraday Margin Info Not Available Upto 5x leverage for equity.
Futures Margin MyValueTrade vs India Infoline (IIFL) - Futures Margin Info Not Available Upto 2x leverage for futures.
Options Margin MyValueTrade vs India Infoline (IIFL) - Options Margin Info Not Available Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin MyValueTrade vs India Infoline (IIFL) - Equity CO Margin Info Not Available Upto 15x margin/leverage in CO order for selected equity scripts via Trader Multiple Option.
Futures CO Margin MyValueTrade vs India Infoline (IIFL) - Futures CO Margin Info Not Available Upto 25x margin/leverage in CO order for Futures contracts via Trader Multiple Option.
Options CO Margin MyValueTrade vs India Infoline (IIFL) - Options CO Margin Info Not Available Info Not Available
Commodity Margin MyValueTrade vs India Infoline (IIFL) - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare MyValueTrade vs India Infoline (IIFL) on Customer Service

Compare MyValueTrade with India Infoline (IIFL) 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 MyValueTrade with India Infoline (IIFL)
Customer Service Compare MyValueTrade India Infoline (IIFL)
24/7 Customer Service MyValueTrade vs India Infoline (IIFL) - 24x7 customer support No No
Email Support MyValueTrade vs India Infoline (IIFL) - Email Support Yes Yes
Onine Live Chat MyValueTrade vs India Infoline (IIFL) - Onine Live Chat Yes No
Phone Support MyValueTrade vs India Infoline (IIFL) - Phone Support Yes Yes
Toll Free Number MyValueTrade vs India Infoline (IIFL) - Toll Free Number No No
Through Branches MyValueTrade vs India Infoline (IIFL) - Through Branches No Yes
Customer Care Number MyValueTrade vs India Infoline (IIFL) - Customer Care Number Info Not Available 022-40071000
Account Opening Process MyValueTrade vs India Infoline (IIFL) - Account Opening Process Info Not Available Online/Paperless
Customer Support Email MyValueTrade vs India Infoline (IIFL) - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs India Infoline (IIFL) - Knowledge Center/Education Info Not Available https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address MyValueTrade vs India Infoline (IIFL) - Head Office Address/Corporate Address Info Not Available IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website MyValueTrade vs India Infoline (IIFL) - Company Website Info Not Available https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare MyValueTrade vs India Infoline (IIFL) on Research Reports, Tips

Compare MyValueTrade with India Infoline (IIFL) on research reports and tips provided by broker.

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

Compare MyValueTrade vs India Infoline (IIFL) on Demat Account

Compare MyValueTrade with India Infoline (IIFL) on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare MyValueTrade with India Infoline (IIFL)
  MyValueTrade India Infoline (IIFL)
DP Source NSDL CDSL
DP ID MyValueTrade vs India Infoline (IIFL) - DP ID No 44700
Demat Account Annual Maintenance Charges(AMC) NIL 1)Regular Accounts (NON BSDA) i.Rs.400/- + Service Tax as Yearly AMC based on Finacial Year (Upfront charge) 2)Rs 100/- yearly plus Service tax for BSDA Account if holding valuation between Rs. 50,001/- to Rs.2 lacs (Upfront charge from the activation of BSDA) 3)Rs 3000/-yearly plus service tax on client request (Upfront charge) 4)Rs 500/- per annum plus service tax only for Corporate demat a/c as Depository AMC charges in addittion to DP AMC (Upfront Charge)
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 Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) Rs. 12/- for each debit instruction 0.04% of the value of the transaction, subject to min Rs 25/- per instruction
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate Rs 15/- per cert + Rs 40/- as postal charges
Remat Rs. 20/- per every 100 securities or part thereof; or a flat fee of Rs. 20/- per certificate which ever is higher is payable Rs 15/- per certificate, or Rs.15 for every 100 securities or part thereof whichever is higher plus Rs 40/- per request towards postal charges
Pledge Creation Rs. 50/- Rs 50/-
Pledge Creation Confirmation Nil Nil
Pledge Closure Rs. 25/- Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation Rs. 25/- Nil
Failed Instruction Charges Rs. 20/- per intimation per instruction Nil
Other Charges Nil

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs India Infoline (IIFL) on Special Offers and Promotion

Compare MyValueTrade with India Infoline (IIFL) on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare MyValueTrade vs India Infoline (IIFL) on Special Offers and Promotion
  MyValueTrade India Infoline (IIFL)
Pay In and Pay Out Options MyValueTrade vs India Infoline (IIFL) - Pay In and Pay Out Options Info Not Available Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time MyValueTrade vs India Infoline (IIFL) - Payout Time Info Not Available Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.
Bank Supported and Charges MyValueTrade vs India Infoline (IIFL) - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from IIFL trading platforms.
Bank Detail Info Not Available India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes

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...

  • Convenient single trading platform for all segments.
  • Single sign in for equity & commodity account.
  • Fast and proven IIFL Web Trade Terminal & IIFL Markets Mobile app.

Detail Review...

Dislikes

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

Detail Review...

  • Fund transfer charges and minimum brokerage charges.
  • Multiple brokerage plan creates confusion.
  • Hidden charges here and there.

Detail Review...

Special Offers/Promo Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off (save up to Rs. 1150).
Enquiry Enquire about MyValueTrade Enquire about India Infoline (IIFL)

Last Updated on 2019-07-08T23:37:28+00:00







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