Compare 3 Brokers

MyValueTrade Vs Anand Rathi: Which one is better?

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Anand Rathi ranges between 0.05 to 0.5%. MyValueTrade is a Discount Broker where Anand Rathi is a Full Service Broker. MyValueTrade is having overall higher rating compare to Anand Rathi. MyValueTrade is rated 3.5 out of 5 where Anand Rathi is rated only 3 out of 5.

Here we present side-by-side comparison of MyValueTrade vs Anand Rathi 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 Anand Rathi'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 Anand Rathi on Service

  MyValueTrade Compare
MyValueTrade
Anand Rathi Compare
Anand Rathi
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 & NSEL
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. A Brokerage firm with extensive reach through its wide network of branches and sub brokers. Though not very open in terms of brokerage charges.
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 Anand Rathi. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs Anand Rathi on Trading & Demat Account Opening Charges

In this section we have compared MyValueTrade with Anand Rathi on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where Anand Rathi charges Rs 750 for account opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Anand Rathi charges Rs 550 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with Anand Rathi
Charges MyValueTrade Anand Rathi
Trading Account Opening Fees Rs 555 Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Rs 300
Demat AMC Rs 400 PA (Waived for 1st year) Rs 550 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Anand Rathi on Plan Options

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

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

Account Opening

  MyValueTrade Anand Rathi
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs Anand Rathi 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.

Anand Rathi Brokerage Plan detail - its a basic plan and provide brokers, brokerage are bit higher as .05 to .5% where competitor are charging much less in similar plan.They have Advance plan with monthly fees.

Brokerage Charges - Compare MyValueTrade with Anand Rathi
Brokerage Charges Compare MyValueTrade Anand Rathi
Plan Name Flat Fee Rs 10 Trading Plan Classic Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 10 0.5% or 50 paisa
Equity Intraday Flat Fee Rs 10 0.05% -0.015%
Equity Futures Flat Fee 10 Rs 0.05% or 5 paisa
Equity Options Flat Fee Rs 10 0.5% of Premium or Rs 20 per lot whichever is high
Currency Futures Flat Fee 10 Rs 0.05% or 5 paisa
Currency Options Flat Fee Rs 10 0.5% of Premium or Rs 20 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 NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Info Not Available Info Not Available
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for Anand Rathi
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin Calculator for Anand Rathi
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Share Broker's Transaction Charges

Compare MyValueTrade vs Anand Rathi on Transaction Charges

Compare MyValueTrade with Anand Rathi on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with Anand Rathi
Transaction Charges Compare MyValueTrade Anand Rathi
Equity Delivery Rs 325 Per Cr Rs 350 Per Cr
Equity Intraday Rs 325 Per Cr Rs 350 Per Cr
Equity Futures Rs 300 Per Cr Rs 200 Per Cr
Equity Options Rs 6000 Per Cr Rs 6000 Per Cr
Currency Futures Rs 120 Per Cr Rs 120 Per Cr
Currency Options Rs 4200 Per Cr Rs 4200 Per Cr
Commodity 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 anand-rathi-broker
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Account Features

Compare MyValueTrade vs Anand Rathi on Account Features

Compare MyValueTrade with Anand Rathi 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 - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Anand Rathi offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - MyValueTrade with Anand Rathi
Account Features Compare MyValueTrade Anand Rathi
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 Yes
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 Anand Rathi on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and Anand Rathi. 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 Anand Rathi
Trading Platform Compare MyValueTrade Anand Rathi
Desktop Trading Platform MVT Trade OMNESYS NEST - Trade X Pro
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ https://www.anandrathi.com/Otn/Login/indexauth.jsp
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile Trade Mobi
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod Trade Mobi Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS Trade Mobi Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for Anand Rathi
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Anand Rathi
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Anand Rathi
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for anand-rathi-broker

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Broker Ratings by Users

Compare MyValueTrade vs Anand Rathi on User Rating

  MyValueTrade Anand Rathi
  9 Customer Reviews    Rate MyValueTrade 2 Customer Reviews    Rate Anand Rathi
Fees Ratings 3.7 3.5
Trading Brokerage Rating 4.0 3.0
Trading Platform Usability 3.2 3.0
Customer Service Ratings 3.2 3.5
Overall Ratings Rated 3.2 stars Rated 3.0 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare MyValueTrade vs Anand Rathi on Investment Offerings

Compare MyValueTrade with Anand Rathi 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 - Anand Rathi 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 with Anand Rathi
Investment Offerings Compare MyValueTrade Anand Rathi
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 No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare MyValueTrade vs Anand Rathi on Order Types

Order Type - Compare MyValueTrade with Anand Rathi 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) - both brokers don't have Cover Orders (CO).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- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare MyValueTrade with Anand Rathi
Order Type Compare MyValueTrade Anand Rathi
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre No No
Bracket Ordre No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare MyValueTrade vs Anand Rathi on Margin/Leverage

Comapre MyValueTrade with Anand Rathi 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 Anand Rathi
Margin Product Compare MyValueTrade Anand Rathi
Equity Delivery Margin MyValueTrade vs Anand Rathi - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin MyValueTrade vs Anand Rathi - Equity Intraday Margin Info Not Available Info Not Available
Futures Margin MyValueTrade vs Anand Rathi - Futures Margin Info Not Available Info Not Available
Options Margin MyValueTrade vs Anand Rathi - Options Margin Info Not Available Info Not Available
Equity CO Margin MyValueTrade vs Anand Rathi - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin MyValueTrade vs Anand Rathi - Futures CO Margin Info Not Available Info Not Available
Options CO Margin MyValueTrade vs Anand Rathi - Options CO Margin Info Not Available Info Not Available
Commodity Margin MyValueTrade vs Anand Rathi - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare MyValueTrade vs Anand Rathi on Customer Service

Compare MyValueTrade with Anand Rathi 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 Anand Rathi
Customer Service Compare MyValueTrade Anand Rathi
24/7 Customer Service MyValueTrade vs Anand Rathi - 24x7 customer support No No
Email Support MyValueTrade vs Anand Rathi - Email Support Yes Yes
Onine Live Chat MyValueTrade vs Anand Rathi - Onine Live Chat Yes Yes
Phone Support MyValueTrade vs Anand Rathi - Phone Support Yes Yes
Toll Free Number MyValueTrade vs Anand Rathi - Toll Free Number No Yes
Through Branches MyValueTrade vs Anand Rathi - Through Branches No Yes
Customer Care Number MyValueTrade vs Anand Rathi - Customer Care Number Info Not Available Info Not Available
Account Opening Process MyValueTrade vs Anand Rathi - Account Opening Process Info Not Available Info Not Available
Customer Support Email MyValueTrade vs Anand Rathi - Customer Support Email Info Not Available Info Not Available
Knowledge Center/Education MyValueTrade vs Anand Rathi - Knowledge Center/Education Info Not Available Info Not Available
Head Office Address MyValueTrade vs Anand Rathi - Head Office Address/Corporate Address Info Not Available Info Not Available
Website MyValueTrade vs Anand Rathi - Company Website Info Not Available Info Not Available
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Tips/Research/Reports Published

Compare MyValueTrade vs Anand Rathi on Research Reports, Tips

Compare MyValueTrade with Anand Rathi on research reports and tips provided by broker.

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

Compare MyValueTrade vs Anand Rathi on Demat Account

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

Demat Charges - Compare MyValueTrade with Anand Rathi
  MyValueTrade Anand Rathi
DP Source NSDL CDSL
DP ID MyValueTrade vs Anand Rathi - DP ID No No
Demat Account Annual Maintenance Charges(AMC) NIL Scheme I : Free for 1st Year. Next Year Rs.450/- + S.tax Scheme II : NIL - with credit balance of Rs.3000/-(refundable) Scheme III : For 1st year Rs.500/- + ST, next year onwards Rs.450/+ Rs.500/-CDSL chg + ST (Corporate)
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 Scheme I & II : Outgoing Rs 15/- Per ISIN [ Within POA to ARSSBL Pool A/c ] Other Than ARSSBL Minimum Rs 20/- and Maximum Rs 500/- or 0.02% of the market value whichever is lower
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate Scheme I & II : Rs. 3/- per certificate plus Rs.35/- per request. In case of bulk, above 100 certificate Rs.5/- & Actual Courier charge
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 Scheme I & II : Rs 15/- for every 100 securities or a Flat fee of Rs 15/- per certificate, Whichever is higher + 20/- Postage chg
Pledge Creation Rs. 50/- Scheme I & II : 0.01% of value or min Rs.50/- per req
Pledge Creation Confirmation Nil Scheme I & II : NIL
Pledge Closure Rs. 25/- Scheme I & II : 0.01% of value or min Rs.50/- per req
Pledge Closure Confirmation Nil Scheme I & II : NIL
Pledge Invocation Rs. 25/- Scheme I & II : 0.01% of value or min Rs.50/- per req
Failed Instruction Charges Rs. 20/- per intimation per instruction Scheme I & II : Rs 25/- per Instruction
Other Charges Scheme I & II : Instructions received on same day of Pay-in Rs. 25/- per scrip will be levied. Demat rejection by Company/RTA Rs. 25/- Per DRF. For extra statement if holding Rs 15/- will be charged per statement. Any Modification Rs. 15 /-

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Anand Rathi on Special Offers and Promotion

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

Compare MyValueTrade vs Anand Rathi on Special Offers and Promotion
  MyValueTrade Anand Rathi
Pay In and Pay Out Options MyValueTrade vs Anand Rathi - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time MyValueTrade vs Anand Rathi - Payout Time Info Not Available Info Not Available
Bank Supported and Charges MyValueTrade vs Anand Rathi - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
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...

margin funding available; Advanced Charting tools; after market order

Detail Review...

Dislikes

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

Detail Review...

Hidden brokerage Charges, charges for using some of the platforms, minimum brokerage charges

Detail Review...

Special Offers/Promo
Enquiry Enquire about MyValueTrade Enquire about Anand Rathi

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







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