The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of GCL Securities ranges between .01 to 0.1%. MyValueTrade is a Discount Broker where GCL Securities is a Full Service Broker. MyValueTrade is having overall higher rating compare to GCL Securities. MyValueTrade is rated 3.5 out of 5 where GCL Securities is rated only 3 out of 5.
Here we present side-by-side comparison of MyValueTrade vs GCL Securities 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 GCL Securities'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||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX||NSE,BSE|
|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.||An emerging full service broker who not only provides equity broking and advisory services but also provides opportunity to invest/ hedge through various other investment options like mutual Fund, IPOs, Insurance and more on various platfo...|
In this section we have compared MyValueTrade with GCL Securities on trading & demat account opening charges and AMC. Trading account opening charges - GCL Securities offer Free account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where GCL Securities charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 555||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Waived for 1st year)||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare MyValueTrade with GCL Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provide Multiple Plans where GCL Securities doesn't offer Monthlay Plans - MyValueTrade provide Monthly Plans where GCL Securities doesn't offer
|Plan Types||MyValueTrade||GCL Securities|
|Account Opening Request|
MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
GCL Securities Brokerage Plan detail - Base plan- .01 to .1% plan which is one of the lowest plan in compare to all full service brokers.
|Brokerage Charges Compare||MyValueTrade||GCL Securities|
|Plan Name||Flat Fee Rs 10 Trading Plan||Basic Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 10||0.1% or 10 paisa|
|Equity Intraday||Flat Fee Rs 10||0.01% or 1 paisa|
|Equity Futures||Flat Fee 10 Rs||0.01% or 1 paisa|
|Equity Options||Flat Fee Rs 10||Rs 25 Per Lot|
|Currency Futures||Flat Fee 10 Rs||0.01% or 1 paisa|
|Currency Options||Flat Fee Rs 10||Rs 25 Per Lot|
|Commodity Trading||Flat Fee 10 Rs||0.01% or 1 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 GCL Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for MyValueTrade||SPAN Margin Calculator for GCL Securities|
Compare MyValueTrade with GCL Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||MyValueTrade||GCL Securities|
|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 310 Per Cr | Agri: Rs 225 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for my-value-trade||Complete Brokerage Plans for gclsecurities|
Compare MyValueTrade with GCL Securities 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 - MyValueTrade offers Algo Trading where GCL Securities doesn't offers Algo Trading. Margin Funding - MyValueTrade offers margin funding where GCL Securities doesn't offers margin funding. NRI Trading - GCL Securities offers NRI where MyValueTrade doesn't offers NRI Trading.
|Account Features Compare||MyValueTrade||GCL Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:00 PM|
With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and GCL Securities. 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||GCL Securities|
|Desktop Trading Platform||MVT Trade||ODIN|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://direct.mastermarts.com/||https://www.gclbroking.com|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||MVT Mobile||GCL On Time|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod MVT Mobile Download||Andriod GCL On Time Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MVT Mobile Download||iOS GCL On Time Download|
|Android Tablet App|
|iPad App (IOS)|
|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 GCL Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for MyValueTrade||Futures Brokerage Calculator for GCL Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for MyValueTrade||Options Brokerage Calculator for GCL Securities|
|Detail||Detail on Trading Platforms for my-value-trade||Detail on Trading Platforms for gclsecurities|
Compare MyValueTrade with GCL Securities 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 - GCL 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||MyValueTrade||GCL Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Loans|
Order Type - Compare MyValueTrade with GCL Securities 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)- MyValueTrade offers After Market Orders where GCL Securities doesn't offers AMO. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||MyValueTrade||GCL Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre MyValueTrade with GCL Securities 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||MyValueTrade||GCL Securities|
|Equity Delivery Margin||Info Not Available||Info Not Available|
|Equity Intraday Margin||Info Not Available||Info Not Available|
|Futures Margin||Info Not Available||Info Not Available|
|Options Margin||Info Not Available||Info Not Available|
|Equity CO Margin||Info Not Available||Info Not Available|
|Futures CO Margin||Info Not Available||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
Compare MyValueTrade with GCL Securities 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||MyValueTrade||GCL Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Info Not Available||Info Not Available|
|Customer Support Email||Info Not Available||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Info Not Available||Info Not Available|
|Website||Info Not Available||Info Not Available|
Compare MyValueTrade with GCL Securities on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare MyValueTrade with GCL Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||NIL|
|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|
|Transaction Charges on Debit (Per ISIN)||Rs. 12/- for each debit instruction|
|Demat||Rs. 20/- per DRF plus Rs. 3/- per certificate|
|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|
|Pledge Creation||Rs. 50/-|
|Pledge Creation Confirmation||Nil|
|Pledge Closure||Rs. 25/-|
|Pledge Closure Confirmation||Nil|
|Pledge Invocation||Rs. 25/-|
|Failed Instruction Charges||Rs. 20/- per intimation per instruction|
Compare MyValueTrade with GCL Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Info Not Available||Info Not Available|
|Payout Time||Info Not Available||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||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.
|Enquiry||Enquire about MyValueTrade||Enquire about GCL Securities|
Last Updated on 2019-07-08T23:37:28+00:00