Compare 3 Brokers

Kotak Securities Vs MyValueTrade: Which one is better?

The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of MyValueTrade ranges between Rs 10. Kotak Securities is a Full Service Broker where MyValueTrade is a Discount Broker. Kotak Securities is having overall higher rating compare to MyValueTrade. Kotak Securities is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.

Here we present side-by-side comparison of Kotak Securities 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 Kotak Securities 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 Kotak Securities vs MyValueTrade on Service

  Kotak Securities Compare
Kotak Securities
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, MCX, NCDEX BSE, NSE, MCX
Broker Overview Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. 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 Kotak Securities. 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 Kotak Securities vs MyValueTrade on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 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 Kotak Securities with MyValueTrade
Charges Kotak Securities MyValueTrade
Trading Account Opening Fees Rs 750 Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs MyValueTrade on Plan Options

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

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

Account Opening

  Kotak Securities MyValueTrade
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs MyValueTrade on Brokerage Charges

Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.

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 Kotak Securities with MyValueTrade
Brokerage Charges Compare Kotak Securities MyValueTrade
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Fee Rs 10 Trading Plan
Equity Delivery 0.49% or 49 paisa Flat Fee Rs 10
Equity Intraday 0.049% or 5 paisa Flat Fee Rs 10
Equity Futures 0.049% or 5 paisa Flat Fee 10 Rs
Equity Options Rs 300 Per Lot Flat Fee Rs 10
Currency Futures .02% or Rs. 10 per lot whichever is higher Flat Fee 10 Rs
Currency Options Rs 10 Per Lot Flat Fee Rs 10
Commodity Trading NA Flat Fee 10 Rs
Minimum Brokerage Rs 21 per executed order Rs 10 or .01% whichever is lower
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges 20 calls Free and after that Rs 20 per call Info Not Available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for MyValueTrade
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for MyValueTrade
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Share Broker's Transaction Charges

Compare Kotak Securities vs MyValueTrade on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with MyValueTrade
Transaction Charges Compare Kotak Securities 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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for my-value-trade
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Account Features

Compare Kotak Securities vs MyValueTrade on Account Features

Compare Kotak Securities with MyValueTrade on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak 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 Kotak Securities doesn't offers Algo Trading. Margin Funding - MyValueTrade offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - Kotak Securities offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - Kotak Securities with MyValueTrade
Account Features Compare Kotak Securities MyValueTrade
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities 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 No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: Keat Pro X NIL
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Trading Platform

Compare Kotak Securities vs MyValueTrade on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities 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 Kotak Securities with MyValueTrade
Trading Platform Compare Kotak Securities MyValueTrade
Desktop Trading Platform KEAT Pro X 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://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat https://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader MVT Mobile
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Kotak Stock Trader Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare Kotak Securities vs MyValueTrade on User Rating

  Kotak Securities MyValueTrade
  79 Customer Reviews    Rate Kotak Securities 10 Customer Reviews    Rate MyValueTrade
Fees Ratings 2.6 3.7
Trading Brokerage Rating 2.7 4.0
Trading Platform Usability 3.2 3.4
Customer Service Ratings 3.1 3.4
Overall Ratings Rated 2.8 stars Rated 3.4 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews
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Investment Offerings

Compare Kotak Securities vs MyValueTrade on Investment Offerings

Compare Kotak Securities 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 - MyValueTrade offers trading options in Commodity (MCX) where Kotak Securities doesn't offer. Online Mutual Fund Investment - Kotak 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 Kotak Securities with MyValueTrade
Investment Offerings Compare Kotak Securities MyValueTrade
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs MyValueTrade on Order Types

Order Type - Compare Kotak Securities 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) - Kotak Securities 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) - Kotak Securities 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- Kotak Securities offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with MyValueTrade
Order Type Compare Kotak Securities 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 Yes No
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Margin/Leverage

Compare Kotak Securities vs MyValueTrade on Margin/Leverage

Comapre Kotak Securities 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 Kotak Securities with MyValueTrade
Margin Product Compare Kotak Securities MyValueTrade
Equity Delivery Margin Kotak Securities vs MyValueTrade - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Kotak Securities vs MyValueTrade - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Futures Margin Kotak Securities vs MyValueTrade - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Options Margin Kotak Securities vs MyValueTrade - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Kotak Securities vs MyValueTrade - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs MyValueTrade - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs MyValueTrade - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs MyValueTrade - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs MyValueTrade on Customer Service

Compare Kotak Securities 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 Kotak Securities with MyValueTrade
Customer Service Compare Kotak Securities MyValueTrade
24/7 Customer Service Kotak Securities vs MyValueTrade - 24x7 customer support No No
Email Support Kotak Securities vs MyValueTrade - Email Support Yes Yes
Onine Live Chat Kotak Securities vs MyValueTrade - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs MyValueTrade - Phone Support Yes Yes
Toll Free Number Kotak Securities vs MyValueTrade - Toll Free Number Yes No
Through Branches Kotak Securities vs MyValueTrade - Through Branches Yes No
Customer Care Number Kotak Securities vs MyValueTrade - Customer Care Number 18002099191/1800222299/18002099292 Info Not Available
Account Opening Process Kotak Securities vs MyValueTrade - Account Opening Process Offline Info Not Available
Customer Support Email Kotak Securities vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Kotak Securities vs MyValueTrade - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs Info Not Available
Head Office Address Kotak Securities vs MyValueTrade - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Info Not Available
Website Kotak Securities vs MyValueTrade - Company Website https://www.kotaksecurities.com Info Not Available
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Tips/Research/Reports Published

Compare Kotak Securities vs MyValueTrade on Research Reports, Tips

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

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

Compare Kotak Securities vs MyValueTrade on Demat Account

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

Demat Charges - Compare Kotak Securities with MyValueTrade
  Kotak Securities MyValueTrade
DP Source CDSL NSDL
DP ID Kotak Securities vs MyValueTrade - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions) ₹300 pa (Second year onwards)
Advance Deposit NA 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) 0.04% (Min ₹27) + CDSL charges ₹15
Demat ₹3 per certificate + ₹50 courier charges ₹3 per certificate + ₹20 per DFR
Remat ₹10 for every hundred securities (Min ₹15) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹25 per transaction
Failed Instruction Charges Nil ₹20
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs MyValueTrade on Special Offers and Promotion

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

Compare Kotak Securities vs MyValueTrade on Special Offers and Promotion
  Kotak Securities MyValueTrade
Pay In and Pay Out Options Kotak Securities vs MyValueTrade - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time Kotak Securities vs MyValueTrade - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs MyValueTrade - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
Likes
  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

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
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

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

Detail Review...

Special Offers/Promo Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Enquire about Kotak Securities Enquire about MyValueTrade

Last Updated on 2019-09-16T02:36:37+00:00







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