MyValueTrade Vs Alice Blue: Which one is better?

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Alice Blue Max Rs 20 per trade. Both the brokers are Discount Brokers. MyValueTrade is having overall lower rating compare to Alice Blue. MyValueTrade is rated only 3.5 out of 5 where Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of MyValueTrade vs Alice Blue 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 Alice Blue'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 Alice Blue on Service

  MyValueTrade Compare
MyValueTrade
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX,MCX-SX,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. From innovative tools to free trade opportunity to education and prioritizing customer service, Alice Blue, the cheapest stock broker provide clients everything they need and more to succeed in Indian share market.
Broker Enquiry 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 MyValueTrade vs Alice Blue on Brokerage & Demat Account Opening Charges

  MyValueTrade Alice Blue
Trading Account Opening Fees MyValueTrade vs Alice Blue - Trading Account Opening Fees Rs 555 Rs 310 for Equity and Rs 120 for Commodities
Trading AMC MyValueTrade vs Alice Blue - Trading Account AMC Free Free
Demat Account Opening Fees MyValueTrade vs Alice Blue - Demat Account Opening Fees Free Free
Demat AMC MyValueTrade vs Alice Blue - Demat Account AMC Rs 400 PA (Waived for 1st year) Free Lifetime AMC
Provide DP Service MyValueTrade vs Alice Blue - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Alice Blue on Plan Options

  MyValueTrade Alice Blue
Multiple Plans What is this parameter? Yes No
Monthly Plans MyValueTrade vs Alice Blue - Monthly Brokerage Plan Yes No
Yearly Plans MyValueTrade vs Alice Blue - Yearly Brokerage Plan Yes No
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Account Opening Request

Account Opening

  MyValueTrade Alice Blue
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs Alice Blue on Brokerage Charges

  MyValueTrade Alice Blue
Plan Name MyValueTrade vs Alice Blue - Flat Fee Rs 10 Trading Plan Max Rs 20 Trading Plan (F20)
Plan Description MyValueTrade vs Alice Blue - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. Lowest Brokerage Plan - Max Rs 20 per Trade for Equity Intraday, Derivatives, Currency and Commodities.
Equity Delivery MyValueTrade vs Alice Blue - Cash Delivery Brokerage Flat Fee Rs 10 Free
Equity Intraday MyValueTrade vs Alice Blue - Cash Intraday Brokerage Flat Fee Rs 10 0.01% or Rs 20 whichever is lower
Equity Futures MyValueTrade vs Alice Blue - F&O Segment - Futures Brokerage Flat Fee 10 Rs 0.01% or Rs 20 whichever is lower
Equity Options MyValueTrade vs Alice Blue - F&O Segment - Options Brokerage Flat Fee Rs 10 0.01% or Rs 20 whichever is lower
Currency Futures MyValueTrade vs Alice Blue - Currency Futures Trading Brokerage Flat Fee 10 Rs 0.01% or Rs 20 whichever is lower
Currency Options MyValueTrade vs Alice Blue - Currency Options Trading Brokerage Flat Fee Rs 10 0.01% or Rs 20 whichever is lower
Commodity Trading MyValueTrade vs Alice Blue - Commodity Trading Brokerage Flat Fee 10 Rs 0.01% or Rs 20 whichever is lower
Minimum Brokerage MyValueTrade vs Alice Blue - Rs 10 or .01% whichever is lower NA
Hidden Charges MyValueTrade vs Alice Blue - Hidden Charges Info Not Available No
Funding MyValueTrade vs Alice Blue - Funding Interest Info Not Available Margin Funding with 24% Interest PA
Call & Trade Charges MyValueTrade vs Alice Blue - Call & Trade Charges Info Not Available Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for Alice Blue
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare MyValueTrade vs Alice Blue on Transaction Charges

  MyValueTrade Alice Blue
Equity Delivery MyValueTrade vs Alice Blue - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday MyValueTrade vs Alice Blue - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures MyValueTrade vs Alice Blue - Equity Futures Transaction Charges Rs 300 Per Cr Rs 210 Per Cr
Equity Options MyValueTrade vs Alice Blue - Equity Options Transaction Charges Rs 6000 Per Cr Rs 5500 Per Cr
Currency Futures MyValueTrade vs Alice Blue - Rs 120 Per Cr Rs 150 Per Cr
Currency Options MyValueTrade vs Alice Blue - Rs 4200 Per Cr Rs 4400 Per Cr
Commodity MyValueTrade vs Alice Blue - Commodity Transaction Charges Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for alice-blue
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Account Features

Compare MyValueTrade vs Alice Blue on Account Features

  MyValueTrade Alice Blue
3 in 1 Account MyValueTrade vs Alice Blue - Account Type? 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 MyValueTrade vs Alice Blue - Advance Charting Yes Yes
Algo Trading MyValueTrade vs Alice Blue - Algo Trading Yes Yes
SMS Alerts MyValueTrade vs Alice Blue - SMS Alerts Yes No
Online Demo MyValueTrade vs Alice Blue - Online Demo Yes No
Online Portfolio MyValueTrade vs Alice Blue - Portfolio Service No No
Margin Trading Funding Available MyValueTrade vs Alice Blue - Margin Funding Yes No
Combined Ledger for Equity and Commodity MyValueTrade vs Alice Blue - Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time MyValueTrade vs Alice Blue - Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading MyValueTrade vs Alice Blue - NRI Trading No Yes
Other Features MyValueTrade vs Alice Blue -
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Trading Platform

Compare MyValueTrade vs Alice Blue on Trading Platform

  MyValueTrade Alice Blue
Desktop Trading Platform MyValueTrade vs Alice Blue - Trading terminal MVT Trade ANT - Analyse and Trade
Desktop Demo MyValueTrade vs Alice Blue - Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) MyValueTrade vs Alice Blue - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) MyValueTrade vs Alice Blue - MAC Trading Terminal No No
Web Trading Platform MyValueTrade vs Alice Blue - Web Trading Platform Yes Yes
Web Trading Detail MyValueTrade vs Alice Blue - Trading Website https://direct.mastermarts.com/
Web Trading Demo MyValueTrade vs Alice Blue - Web Trading Demo Info Not Available Info Not Available
Mobile Site MyValueTrade vs Alice Blue - Trading Site for Mobile No Yes
Mobile Trading MyValueTrade vs Alice Blue - Mobile App Yes Yes
Mobile Trading App MyValueTrade vs Alice Blue - Name Of Mobile App MVT Mobile ANT Mobile
Mobile Trading App Demo MyValueTrade vs Alice Blue - Name Of Mobile App Info Not Available ANT Mobile Demo
Android Mobile App MyValueTrade vs Alice Blue - Android Mobile App Yes Yes
Android App Download MyValueTrade vs Alice Blue - Mobile App Download Andriod MVT Mobile Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) MyValueTrade vs Alice Blue - No Yes
iOS App Download MyValueTrade vs Alice Blue - Mobile App Download iOS MVT Mobile Download iOS ANT Mobile Download
Android Tablet App MyValueTrade vs Alice Blue - Android Tablet App Yes Yes
iPad App (IOS) MyValueTrade vs Alice Blue - No Yes
Trading Software Charges MyValueTrade vs Alice Blue - 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 Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare MyValueTrade vs Alice Blue on User Rating

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

Compare MyValueTrade vs Alice Blue on Investment Offerings

  MyValueTrade Alice Blue
Equity Cash and F&O MyValueTrade vs Alice Blue - Equity and Equity derivatives Yes Yes
Currency Deravitives MyValueTrade vs Alice Blue - Currency Trading Yes Yes
Commodity MyValueTrade vs Alice Blue - Commodity Trading Yes Yes
Online IPO Application MyValueTrade vs Alice Blue - Online IPO Investment No No
Mutual Funds MyValueTrade vs Alice Blue - Online Mutual Funds Investment No No
Bond / NCD MyValueTrade vs Alice Blue - Bonds and NCD No No
ETF MyValueTrade vs Alice Blue - ETF Yes Yes
Banking MyValueTrade vs Alice Blue - Banking Service No No
Insurance MyValueTrade vs Alice Blue - Insurance Service No No
Forex MyValueTrade vs Alice Blue - Forex Trading No No
MF SIP Investment MyValueTrade vs Alice Blue - Mutual Fund SIP No No
Equity SIP Investment MyValueTrade vs Alice Blue - Equity SIP No No
PMS Service MyValueTrade vs Alice Blue - Portfolio Management Services (PMS) No No
Algo Trading MyValueTrade vs Alice Blue - Algo Trading No Yes
Other Investment Options MyValueTrade vs Alice Blue -
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Order Types

Compare MyValueTrade vs Alice Blue on Order Types

  MyValueTrade Alice Blue
CNC Ordre MyValueTrade vs Alice Blue - CNC Order Yes Yes
MIS Ordre MyValueTrade vs Alice Blue - MIS Order Yes Yes
NRML Ordre MyValueTrade vs Alice Blue - NRML Order Yes Yes
Cover Ordre MyValueTrade vs Alice Blue - Cover Order No Yes
Bracket Ordre MyValueTrade vs Alice Blue - Bracket Order No Yes
AMO-After Market Orders MyValueTrade vs Alice Blue - After market Orders Yes Yes
GTC-Good Till Cancelled MyValueTrade vs Alice Blue - GTC Orders No No
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Margin/Leverage

Compare MyValueTrade vs Alice Blue on Margin/Leverage

  MyValueTrade Alice Blue
Equity Delivery Margin MyValueTrade vs Alice Blue - Equity Delivery Margin Info Not Available Up to 3x Margin on Equity Delivery with funding facility(24% PA Interest).
Equity Intraday Margin MyValueTrade vs Alice Blue - Equity Intraday Margin Info Not Available Up to 20x leverage for equity "A" category scripts and 10x for "B" category scripts.
Futures Margin MyValueTrade vs Alice Blue - Futures Margin Info Not Available Up to 10x leverage for equity future intraday (MIS).
Options Margin MyValueTrade vs Alice Blue - Options Margin Info Not Available Up to 10x leverage for Index Options Selling and 3x for Index Buying.
Equity CO Margin MyValueTrade vs Alice Blue - Equity CO Margin Info Not Available No extra margin for Equity CO/BO.
Futures CO Margin MyValueTrade vs Alice Blue - Futures CO Margin Info Not Available Up to 20x leverage on equity futures CO/BO.
Options CO Margin MyValueTrade vs Alice Blue - Options CO Margin Info Not Available No special leverage of options cover orders.
Commodity Margin MyValueTrade vs Alice Blue - Commodity Margin Info Not Available Upto 10x on commodity MIS, and up to 20x for commodity CO/BO.
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Customer Service Offered

Compare MyValueTrade vs Alice Blue on Customer Service

  MyValueTrade Alice Blue
24/7 Customer Service MyValueTrade vs Alice Blue - 24x7 customer support No No
Email Support MyValueTrade vs Alice Blue - Email Support Yes No
Onine Live Chat MyValueTrade vs Alice Blue - Onine Live Chat Yes Yes
Phone Support MyValueTrade vs Alice Blue - Phone Support Yes Yes
Toll Free Number MyValueTrade vs Alice Blue - Toll Free Number No No
Through Branches MyValueTrade vs Alice Blue - Through Branches No Yes
Customer Care Number MyValueTrade vs Alice Blue - Customer Care Number Info Not Available 080-61575500/22174600
Account Opening Process MyValueTrade vs Alice Blue - Account Opening Process Info Not Available Online/Paperless
Customer Support Email MyValueTrade vs Alice Blue - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs Alice Blue - Knowledge Center/Education Info Not Available https://www.aliceblueonline.com/alice-knowledge-base/
Head Office Address MyValueTrade vs Alice Blue - Head Office Address/Corporate Address Info Not Available Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore 560063
Website MyValueTrade vs Alice Blue - Company Website Info Not Available https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare MyValueTrade vs Alice Blue on Research Reports, Tips

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

Compare MyValueTrade vs Alice Blue on Demat Account

  MyValueTrade Alice Blue
DP Source NSDL CDSL
DP ID MyValueTrade vs Alice Blue - DP ID No 83500
Demat Account Annual Maintenance Charges(AMC) NIL Rs 0 (Free for life)
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 Rs 0
Statutory charges Nil Rs 0, Rs 150 PoA Stamp Charges Included with account opening charges.
Transaction Charges on Debit (Per ISIN) Rs. 12/- for each debit instruction Rs 15 flat for every debit transaction
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate Rs 10 per certificate + Rs 50 per request
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 30 (Per certificate) + CDSL Charges
Pledge Creation Rs. 50/- Rs 20 + Rs 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil Nil
Pledge Closure Rs. 25/- Rs 20 + Rs 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil Nil
Pledge Invocation Rs. 25/- Rs 20 + Rs 12 per request (CDSL Charges)
Failed Instruction Charges Rs. 20/- per intimation per instruction Nil
Other Charges Nil

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Alice Blue on Special Offers and Promotion

  MyValueTrade Alice Blue
Pay In and Pay Out Options MyValueTrade vs Alice Blue - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time MyValueTrade vs Alice Blue - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges MyValueTrade vs Alice Blue - Bank Supported and Charges Info Not Available Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Info Not Available Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

  • Low cost brokerage structure, no hidden charges.
  • Rs 20 trading plan for all segments and free delivery trading.
  • Free of cost trading platform.
  • After Market Order (AMO), Cover Order and Bracket Order are available on both web and mobile.

Detail Review...

Dislikes

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

Detail Review...

  • Alice Blue doesn't provide tips and recommendations.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to invest online in Mutual Funds.

Detail Review...

Special Offers/Promo Free delivery Trading, Free Lifetime Demat AMC.
Enquire about MyValueTrade






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