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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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.|
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 Account Opening Fees||Rs 750||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 400 PA (Waived for 1st year)|
|Provide DP Service|
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
|Plan Types||Kotak Securities||MyValueTrade|
|Account Opening Request|
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||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|
Compare Kotak Securities with MyValueTrade on transaction charges and PCM fee by segment.
|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|
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 Compare||Kotak Securities||MyValueTrade|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: Keat Pro X||NIL|
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||MyValueTrade|
|Desktop Trading Platform||KEAT Pro X||MVT Trade|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||Kotak Stock Trader||MVT Mobile|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod MVT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS MVT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|79 Customer Reviews||10 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||MyValueTrade|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||Kotak Securities||MyValueTrade|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Kotak Securities||MyValueTrade|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Info Not Available|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Info Not Available|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Info Not Available|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Info Not Available|
|Equity CO Margin||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||Info Not Available|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
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 Service Compare||Kotak Securities||MyValueTrade|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||Info Not Available|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs||Info Not Available|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Info Not Available|
|Website||https://www.kotaksecurities.com||Info Not Available|
Compare Kotak Securities with MyValueTrade on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with MyValueTrade on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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|
Compare Kotak Securities 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 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||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Info Not Available|
|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|
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 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