MyValueTrade Vs MDirect: Which one is better?

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of MDirect Max Rs 18 per trade. Both the brokers are Discount Brokers. MyValueTrade is having overall higher rating compare to MDirect. MyValueTrade is rated 3.5 out of 5 where MDirect is rated only 3 out of 5.

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

  MyValueTrade Compare
MyValueTrade
MDirect Compare
MDirect
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,NCDEX,MSEI
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. MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price.
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 MDirect. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs MDirect on Brokerage & Demat Account Opening Charges

  MyValueTrade MDirect
Trading Account Opening Fees MyValueTrade vs MDirect - Trading Account Opening Fees Rs 555 Rs 500
Trading AMC MyValueTrade vs MDirect - Trading Account AMC Free Free
Demat Account Opening Fees MyValueTrade vs MDirect - Demat Account Opening Fees Free Rs 200
Demat AMC MyValueTrade vs MDirect - Demat Account AMC Rs 400 PA (Waived for 1st year) Rs 400 PA (Waived for 1st year)
Provide DP Service MyValueTrade vs MDirect - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs MDirect on Plan Options

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

Account Opening

  MyValueTrade MDirect
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs MDirect on Brokerage Charges

  MyValueTrade MDirect
Plan Name MyValueTrade vs MDirect - Flat Fee Rs 10 Trading Plan Rs 18 Per Order Plan
Plan Description MyValueTrade vs MDirect - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. Flat Rs 18 Per Trader Plan.
Equity Delivery MyValueTrade vs MDirect - Cash Delivery Brokerage Flat Fee Rs 10 Flat Fee Rs 18
Equity Intraday MyValueTrade vs MDirect - Cash Intraday Brokerage Flat Fee Rs 10 0.01% or Rs 18 whichever is lower
Equity Futures MyValueTrade vs MDirect - F&O Segment - Futures Brokerage Flat Fee 10 Rs 0.01% or Rs 18 whichever is lower
Equity Options MyValueTrade vs MDirect - F&O Segment - Options Brokerage Flat Fee Rs 10 Flat Fee Rs 18
Currency Futures MyValueTrade vs MDirect - Currency Futures Trading Brokerage Flat Fee 10 Rs 0.01% or Rs 18 whichever is lower
Currency Options MyValueTrade vs MDirect - Currency Options Trading Brokerage Flat Fee Rs 10 Flat Fee Rs 18
Commodity Trading MyValueTrade vs MDirect - Commodity Trading Brokerage Flat Fee 10 Rs Flat Fee Rs 18
Minimum Brokerage MyValueTrade vs MDirect - Rs 10 or .01% whichever is lower
Hidden Charges MyValueTrade vs MDirect - Hidden Charges Info Not Available Info Not Available
Funding MyValueTrade vs MDirect - Funding Interest Info Not Available Info Not Available
Call & Trade Charges MyValueTrade vs MDirect - Call & Trade Charges Info Not Available Info Not Available
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for MDirect
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin Calculator for MDirect
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Share Broker's Transaction Charges

Compare MyValueTrade vs MDirect on Transaction Charges

  MyValueTrade MDirect
Equity Delivery MyValueTrade vs MDirect - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday MyValueTrade vs MDirect - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures MyValueTrade vs MDirect - Equity Futures Transaction Charges Rs 300 Per Cr Rs 350 Per Cr
Equity Options MyValueTrade vs MDirect - Equity Options Transaction Charges Rs 6000 Per Cr Rs 8000 Per Cr
Currency Futures MyValueTrade vs MDirect - Rs 120 Per Cr Rs 215 Per Cr
Currency Options MyValueTrade vs MDirect - Rs 4200 Per Cr Rs 7000 Per Cr
Commodity MyValueTrade vs MDirect - 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 mdirect
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Account Features

Compare MyValueTrade vs MDirect on Account Features

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

Compare MyValueTrade vs MDirect on Trading Platform

  MyValueTrade MDirect
Desktop Trading Platform MyValueTrade vs MDirect - Trading terminal MVT Trade NSE NOW
Desktop Demo MyValueTrade vs MDirect - Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) MyValueTrade vs MDirect - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) MyValueTrade vs MDirect - MAC Trading Terminal No Yes
Web Trading Platform MyValueTrade vs MDirect - Web Trading Platform Yes Yes
Web Trading Detail MyValueTrade vs MDirect - Trading Website https://direct.mastermarts.com/ http://122.179.158.190/sohamrmclient/login.aspx
Web Trading Demo MyValueTrade vs MDirect - Web Trading Demo Info Not Available Info Not Available
Mobile Site MyValueTrade vs MDirect - Trading Site for Mobile No Yes
Mobile Trading MyValueTrade vs MDirect - Mobile App Yes Yes
Mobile Trading App MyValueTrade vs MDirect - Name Of Mobile App MVT Mobile Mdirect
Mobile Trading App Demo MyValueTrade vs MDirect - Name Of Mobile App Info Not Available Info Not Available
Android Mobile App MyValueTrade vs MDirect - Android Mobile App Yes Yes
Android App Download MyValueTrade vs MDirect - Mobile App Download Andriod MVT Mobile Download Andriod Mdirect Download
iPhone Mobile App (IOS) MyValueTrade vs MDirect - No Yes
iOS App Download MyValueTrade vs MDirect - Mobile App Download iOS MVT Mobile Download iOS Mdirect Download
Android Tablet App MyValueTrade vs MDirect - Android Tablet App Yes Yes
iPad App (IOS) MyValueTrade vs MDirect - No Yes
Trading Software Charges MyValueTrade vs MDirect - 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 MDirect
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for MDirect
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for MDirect
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for mdirect

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Broker Ratings by Users

Compare MyValueTrade vs MDirect on User Rating

  MyValueTrade MDirect
  9 Customer Reviews    Rate MyValueTrade Customer Reviews    Rate MDirect
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 MDirect on Investment Offerings

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

Compare MyValueTrade vs MDirect on Order Types

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

Compare MyValueTrade vs MDirect on Margin/Leverage

  MyValueTrade MDirect
Equity Delivery Margin MyValueTrade vs MDirect - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin MyValueTrade vs MDirect - Equity Intraday Margin Info Not Available Info Not Available
Futures Margin MyValueTrade vs MDirect - Futures Margin Info Not Available Info Not Available
Options Margin MyValueTrade vs MDirect - Options Margin Info Not Available Info Not Available
Equity CO Margin MyValueTrade vs MDirect - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin MyValueTrade vs MDirect - Futures CO Margin Info Not Available Info Not Available
Options CO Margin MyValueTrade vs MDirect - Options CO Margin Info Not Available Info Not Available
Commodity Margin MyValueTrade vs MDirect - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare MyValueTrade vs MDirect on Customer Service

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

Compare MyValueTrade vs MDirect on Research Reports, Tips

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

Compare MyValueTrade vs MDirect on Demat Account

  MyValueTrade MDirect
DP Source NSDL
DP ID MyValueTrade vs MDirect - 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 MDirect on Special Offers and Promotion

  MyValueTrade MDirect
Pay In and Pay Out Options MyValueTrade vs MDirect - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time MyValueTrade vs MDirect - Payout Time Info Not Available Info Not Available
Bank Supported and Charges MyValueTrade vs MDirect - 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...

  • In house research reports
  • Workshops/ seminars/ webinars to educate traders.
  • Simple and transparent Pricing.
  • Well researched professional guidance.
  • Multiple Segments and Exchanges on same trading Window.

Detail Review...

Dislikes

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

Detail Review...

  • No referral program
  • No advance tools or technology
  • No monthly and yearly plans
  • doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
  • Margin funding and NRI tradingis not available

Detail Review...

Special Offers/Promo
Enquire about MyValueTrade Enquire about MDirect






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