Compare 3 Brokers

MyValueTrade Vs Edelweiss Broking: Which one is better?

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Edelweiss Broking ranges between .01% and 5 Rs. MyValueTrade is a Discount Broker where Edelweiss Broking is a Full Service Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5.

Here we present side-by-side comparison of MyValueTrade vs Edelweiss Broking 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 Edelweiss Broking'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 Edelweiss Broking on Service

  MyValueTrade Compare
MyValueTrade
Edelweiss Broking Compare
Edelweiss Broking
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 BSE, NSE, 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. Huge network of sub brokers,trading in all of the segments backed up by strong research, strategies and analytical tools, Edelweiss has everything and more than a investor need to success but at a little higher cost.
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 Edelweiss Broking. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs Edelweiss Broking on Trading & Demat Account Opening Charges

In this section we have compared MyValueTrade with Edelweiss Broking on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where Edelweiss Broking charges Rs 750 (Free Offer) for account opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where Edelweiss Broking charges Free With Online Plan, Rs 500 PA with Standard Pla AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with Edelweiss Broking
Charges MyValueTrade Edelweiss Broking
Trading Account Opening Fees Rs 555 Rs 750 (Free Offer)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Free With Online Plan, Rs 500 PA with Standard Pla
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Edelweiss Broking on Plan Options

Plans are the most important feature you look when compare MyValueTrade with Edelweiss Broking. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - MyValueTrade provide Monthly Plans where Edelweiss Broking doesn't offer

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

Account Opening

  MyValueTrade Edelweiss Broking
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs Edelweiss Broking 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.

Edelweiss Broking Brokerage Plan detail - This plan is available to Online users only. With this plan, Edelweiss is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare MyValueTrade with Edelweiss Broking
Brokerage Charges Compare MyValueTrade Edelweiss Broking
Plan Name Flat Fee Rs 10 Trading Plan Discount Brokerage
Equity Delivery Flat Fee Rs 10 0.01% or 1 Paisa
Equity Intraday Flat Fee Rs 10 0.01% or 1 Paisa
Equity Futures Flat Fee 10 Rs Rs 5 Per Lot
Equity Options Flat Fee Rs 10 Rs 5 Per Lot
Currency Futures Flat Fee 10 Rs Rs 5 Per Lot
Currency Options Flat Fee Rs 10 Rs 5 Per Lot
Commodity Trading Flat Fee 10 Rs 0.01% for Futures, .10% for Options
Minimum Brokerage Rs 10 or .01% whichever is lower NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Info Not Available Free
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for Edelweiss Broking
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin Calculator for Edelweiss Broking
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Share Broker's Transaction Charges

Compare MyValueTrade vs Edelweiss Broking on Transaction Charges

Compare MyValueTrade with Edelweiss Broking on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with Edelweiss Broking
Transaction Charges Compare MyValueTrade Edelweiss Broking
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 edelweiss-broking
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Account Features

Compare MyValueTrade vs Edelweiss Broking on Account Features

Compare MyValueTrade with Edelweiss Broking 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 - Edelweiss Broking offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - MyValueTrade with Edelweiss Broking
Account Features Compare MyValueTrade Edelweiss Broking
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 No
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 Edelweiss Broking on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and Edelweiss Broking. 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 Edelweiss Broking
Trading Platform Compare MyValueTrade Edelweiss Broking
Desktop Trading Platform MVT Trade Xtreme Trader
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://tlounge.edelweiss.in/Login
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile Edelweiss Mobile Trader
Mobile Trading App Demo Info Not Available Edelweiss Mobile Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod Edelweiss Mobile Trader Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS Edelweiss Mobile Trader 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 Edelweiss Broking
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Edelweiss Broking
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Edelweiss Broking
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for edelweiss-broking

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Broker Ratings by Users

Compare MyValueTrade vs Edelweiss Broking on User Rating

  MyValueTrade Edelweiss Broking
  9 Customer Reviews    Rate MyValueTrade 1 Customer Reviews    Rate Edelweiss Broking
Fees Ratings 3.7 2.0
Trading Brokerage Rating 4.0 3.0
Trading Platform Usability 3.2 3.0
Customer Service Ratings 3.2 1.0
Overall Ratings Rated 3.2 stars Rated 1.0 stars
Broker Rating MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews Edelweiss Broking is Rated 1.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare MyValueTrade vs Edelweiss Broking on Investment Offerings

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

Investment Offerings - Compare MyValueTrade with Edelweiss Broking
Investment Offerings Compare MyValueTrade Edelweiss Broking
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 Edelweiss Broking on Order Types

Order Type - Compare MyValueTrade with Edelweiss Broking 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) - Edelweiss Broking 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- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare MyValueTrade with Edelweiss Broking
Order Type Compare MyValueTrade Edelweiss Broking
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 No
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Margin/Leverage

Compare MyValueTrade vs Edelweiss Broking on Margin/Leverage

Comapre MyValueTrade with Edelweiss Broking 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 Edelweiss Broking
Margin Product Compare MyValueTrade Edelweiss Broking
Equity Delivery Margin MyValueTrade vs Edelweiss Broking - Equity Delivery Margin Info Not Available Up to 10x leverage for equity delivery - via Margin Funding.
Equity Intraday Margin MyValueTrade vs Edelweiss Broking - Equity Intraday Margin Info Not Available Up to 20x leverage for equity Intraday.
Futures Margin MyValueTrade vs Edelweiss Broking - Futures Margin Info Not Available Up to 2x leverage for equity futures (of Required Margin).
Options Margin MyValueTrade vs Edelweiss Broking - Options Margin Info Not Available Up to 2x margin for options shorting, no leverage for option buying.
Equity CO Margin MyValueTrade vs Edelweiss Broking - Equity CO Margin Info Not Available Up to 80x margin/leverage in equity CO order for selected equity scripts.
Futures CO Margin MyValueTrade vs Edelweiss Broking - Futures CO Margin Info Not Available Up to 5x margin/leverage (of Required Margin) in CO order for future contracts.
Options CO Margin MyValueTrade vs Edelweiss Broking - Options CO Margin Info Not Available Up to 3x margin/leverage (of Required Margin) in CO order for options contracts sell only, buying is enabled only for NIFTY.
Commodity Margin MyValueTrade vs Edelweiss Broking - Commodity Margin Info Not Available Up to 5x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare MyValueTrade vs Edelweiss Broking on Customer Service

Compare MyValueTrade with Edelweiss Broking 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 Edelweiss Broking
Customer Service Compare MyValueTrade Edelweiss Broking
24/7 Customer Service MyValueTrade vs Edelweiss Broking - 24x7 customer support No No
Email Support MyValueTrade vs Edelweiss Broking - Email Support Yes Yes
Onine Live Chat MyValueTrade vs Edelweiss Broking - Onine Live Chat Yes No
Phone Support MyValueTrade vs Edelweiss Broking - Phone Support Yes Yes
Toll Free Number MyValueTrade vs Edelweiss Broking - Toll Free Number No Yes
Through Branches MyValueTrade vs Edelweiss Broking - Through Branches No Yes
Customer Care Number MyValueTrade vs Edelweiss Broking - Customer Care Number Info Not Available 040-4905-9999
Account Opening Process MyValueTrade vs Edelweiss Broking - Account Opening Process Info Not Available Online/Paperless
Customer Support Email MyValueTrade vs Edelweiss Broking - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs Edelweiss Broking - Knowledge Center/Education Info Not Available https://www.edelweiss.in/faqs
Head Office Address MyValueTrade vs Edelweiss Broking - Head Office Address/Corporate Address Info Not Available Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website MyValueTrade vs Edelweiss Broking - Company Website Info Not Available https://www.edelweiss.in
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Tips/Research/Reports Published

Compare MyValueTrade vs Edelweiss Broking on Research Reports, Tips

Compare MyValueTrade with Edelweiss Broking on research reports and tips provided by broker.

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

Compare MyValueTrade vs Edelweiss Broking on Demat Account

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

Demat Charges - Compare MyValueTrade with Edelweiss Broking
  MyValueTrade Edelweiss Broking
DP Source NSDL CDSL
DP ID MyValueTrade vs Edelweiss Broking - DP ID No 19100
Demat Account Annual Maintenance Charges(AMC) NIL a) Star Scheme - Rs 1500 one time, No AMC. b) Regular Scheme (With POA) and c) Regular Scheme (Non POA) - Free for 1st year.From 2nd year onwards Rs 500 PA d) Corporate - Rs 800 PA. e) Transaction Scheme (POA)- Rs 800/p.a. Additional Rs 500 charged annually for Corporate accounts
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 1)Mkt Sell wthn EW: a)Star b)Reg Sch(With POA)-20 per trxn c)Reg Sch(Non POA)-25 per trxn (min deposit Rs 200 agst adv trxn chrgs) d)Corporate- higher of Rs 28 per trxn or 0.02% of value of securities e)Tranx Sch(POA)- NIL 2)Off Market Trxn: a)Star b)Reg Sch(With POA) & c)Reg Sch(Non POA)-20 per trxn, d)Corporate-higher of Rs 28 per trxn or 0.02% of value of securities e)Tranx Sch (POA)- NIL 3)For Sell (Debit from) target other than Edelweiss: a)Star, b)Reg Sch(With POA) & c) Reg Sch(Non POA), e)Tranx Sch(POA)-40 per trxn, d)Corporate-higher of Rs 28 per trxn or 0.02% of value of securities
Demat Rs. 20/- per DRF plus Rs. 3/- per certificate For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and Transaction Scheme (POA)- Rs. 2 Per Certificate + Rs 30 for Postage
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 For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and Transaction Scheme (POA) - Rs 10 per 100 securities or part thereof (Subject to min Rs 10 per request)+ Rs 30 for Postage
Pledge Creation Rs. 50/- For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and e) Transaction Scheme (POA)- Rs 50 per trxn
Pledge Creation Confirmation Nil NIL
Pledge Closure Rs. 25/- For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and e) Transaction Scheme (POA)- Rs 50 per trxn
Pledge Closure Confirmation Nil NIL
Pledge Invocation Rs. 25/- For a) Star Scheme, b) Regular Scheme(With POA), c) Regular Scheme( Non POA) d) Corporate Scheme and e) Transaction Scheme (POA)- Rs 25 per trxn
Failed Instruction Charges Rs. 20/- per intimation per instruction NIL
Other Charges 1) Reactivation Charges: a) Star Sch :Rs.200 debited to account on yearly basis in case no debit instructions are processed during that year b) Regular Sch (With POA) and c) Regular Sch (Non POA), d) Coporate Scheme and e) Transaction Scheme (POA) - NA

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Edelweiss Broking on Special Offers and Promotion

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

Compare MyValueTrade vs Edelweiss Broking on Special Offers and Promotion
  MyValueTrade Edelweiss Broking
Pay In and Pay Out Options MyValueTrade vs Edelweiss Broking - 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 Terminal X3,Edelweiss Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time MyValueTrade vs Edelweiss Broking - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges MyValueTrade vs Edelweiss Broking - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
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...

  • Seamless trading with the help of personalized relationship managers, web site and call center.
  • Best in-house research.
  • Wide range of investment options available.
  • Excellent trading tools and platform.

Detail Review...

Dislikes

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

Detail Review...

  • Brokerage on the higher side.
  • Doesn't offer 3-in-1 account.

Detail Review...

Special Offers/Promo Free online trading account and Free demat account (Free lifetime AMC), Trade in discount brokerage plan in 1 Paisa for Equity Cash and Delivery, Rs 5 Per Lot for F&O.
Enquiry Enquire about MyValueTrade Enquire about Edelweiss Broking

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







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