Compare 3 Brokers

MyValueTrade Vs GCL Securities: Which one is better?

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.

Compare MyValueTrade vs GCL Securities on Service

  MyValueTrade Compare
MyValueTrade
GCL Securities Compare
GCL Securities
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
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...Know more about GCL Securities
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 GCL Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs GCL Securities on Trading & Demat Account Opening Charges

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

Compare MyValueTrade vs GCL Securities on Plan Options

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

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

Account Opening

  MyValueTrade GCL Securities
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs GCL Securities 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.

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 with GCL Securities
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
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Share Broker's Transaction Charges

Compare MyValueTrade vs GCL Securities on Transaction Charges

Compare MyValueTrade with GCL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with GCL Securities
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
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Account Features

Compare MyValueTrade vs GCL Securities on Account Features

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 - MyValueTrade with GCL Securities
Account Features Compare MyValueTrade GCL Securities
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 No
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:00 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs GCL Securities on Trading Platform

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 with GCL Securities
Trading Platform Compare MyValueTrade GCL Securities
Desktop Trading Platform MVT Trade ODIN
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.gclbroking.com
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile GCL On Time
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod GCL On Time Download
iPhone Mobile App (IOS) No No
iOS App Download iOS MVT Mobile Download iOS GCL On Time Download
Android Tablet App Yes Yes
iPad App (IOS) No No
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

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Broker Ratings by Users

Compare MyValueTrade vs GCL Securities on User Rating

  MyValueTrade GCL Securities
  9 Customer Reviews    Rate MyValueTrade Customer Reviews    Rate GCL Securities
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 GCL Securities on Investment Offerings

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 with GCL Securities
Investment Offerings Compare MyValueTrade GCL Securities
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 No
Forex No No
MF SIP Investment No No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Loans
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Order Types

Compare MyValueTrade vs GCL Securities on Order Types

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 Types - Compare MyValueTrade with GCL Securities
Order Type Compare MyValueTrade GCL Securities
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 No
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare MyValueTrade vs GCL Securities on Margin/Leverage

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.

Exposure/margin - Compare MyValueTrade with GCL Securities
Margin Product Compare MyValueTrade GCL Securities
Equity Delivery Margin MyValueTrade vs GCL Securities - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin MyValueTrade vs GCL Securities - Equity Intraday Margin Info Not Available Info Not Available
Futures Margin MyValueTrade vs GCL Securities - Futures Margin Info Not Available Info Not Available
Options Margin MyValueTrade vs GCL Securities - Options Margin Info Not Available Info Not Available
Equity CO Margin MyValueTrade vs GCL Securities - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin MyValueTrade vs GCL Securities - Futures CO Margin Info Not Available Info Not Available
Options CO Margin MyValueTrade vs GCL Securities - Options CO Margin Info Not Available Info Not Available
Commodity Margin MyValueTrade vs GCL Securities - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare MyValueTrade vs GCL Securities on Customer Service

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

Compare MyValueTrade vs GCL Securities on Research Reports, Tips

Compare MyValueTrade with GCL Securities on research reports and tips provided by broker.

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

Compare MyValueTrade vs GCL Securities on Demat Account

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

Demat Charges - Compare MyValueTrade with GCL Securities
  MyValueTrade GCL Securities
DP Source NSDL
DP ID MyValueTrade vs GCL Securities - DP ID No No
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
Statutory charges Nil
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
Other Charges

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs GCL Securities on Special Offers and Promotion

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

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

  • Free call and trade facility.
  • Own DP service.
  • Dedicated team of Relationship Managers and Dealers.
  • End to end solutions for commodity trading.

Detail Review...

Dislikes

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

Detail Review...

  • Not transparent in brokerage charges and other fees.
  • Trading on BSE is not available on Mobile App.
  • Research available only for mutual fund.

Detail Review...

Special Offers/Promo
Enquiry Enquire about MyValueTrade Enquire about GCL Securities

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







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