Compare 3 Brokers

MyValueTrade Vs Nirmal Bang: Which one is better?

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. MyValueTrade is a Discount Broker where Nirmal Bang is a Full Service Broker. MyValueTrade is having overall higher rating compare to Nirmal Bang. MyValueTrade is rated 3.5 out of 5 where Nirmal Bang is rated only 3 out of 5.

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

  MyValueTrade Compare
MyValueTrade
Nirmal Bang Compare
Nirmal Bang
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. Nirmal Bang empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.
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 Nirmal Bang. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs Nirmal Bang on Trading & Demat Account Opening Charges

In this section we have compared MyValueTrade with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang 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 Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with Nirmal Bang
Charges MyValueTrade Nirmal Bang
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 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Nirmal Bang on Plan Options

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

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

Account Opening

  MyValueTrade Nirmal Bang
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs Nirmal Bang 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.

Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.

Brokerage Charges - Compare MyValueTrade with Nirmal Bang
Brokerage Charges Compare MyValueTrade Nirmal Bang
Plan Name Flat Fee Rs 10 Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 10 0.2% or 20 paisa
Equity Intraday Flat Fee Rs 10 0.02% or 2 paisa
Equity Futures Flat Fee 10 Rs 0.02% or 2 paisa
Equity Options Flat Fee Rs 10 Rs 100 Per Lot
Currency Futures Flat Fee 10 Rs 0.02% or 2 paisa
Currency Options Flat Fee Rs 10 Rs 20 Per Lot
Commodity Trading Flat Fee 10 Rs 0.02% or 2 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 Nirmal Bang
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin Calculator for Nirmal Bang
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Share Broker's Transaction Charges

Compare MyValueTrade vs Nirmal Bang on Transaction Charges

Compare MyValueTrade with Nirmal Bang on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with Nirmal Bang
Transaction Charges Compare MyValueTrade Nirmal Bang
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 nirmal-bang
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Account Features

Compare MyValueTrade vs Nirmal Bang on Account Features

Compare MyValueTrade with Nirmal Bang 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 - both doesn't offer NRI Trading facility.

Account Features - MyValueTrade with Nirmal Bang
Account Features Compare MyValueTrade Nirmal Bang
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 No
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 No
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and Nirmal Bang. 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 Nirmal Bang
Trading Platform Compare MyValueTrade Nirmal Bang
Desktop Trading Platform MVT Trade ODIN Diet
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://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile Beyond
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod Beyond Download
iPhone Mobile App (IOS) No No
iOS App Download iOS MVT Mobile Download iOS Beyond 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 Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for nirmal-bang

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Broker Ratings by Users

Compare MyValueTrade vs Nirmal Bang on User Rating

  MyValueTrade Nirmal Bang
  10 Customer Reviews    Rate MyValueTrade 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.7 3.5
Trading Brokerage Rating 4.0 4.0
Trading Platform Usability 3.4 3.0
Customer Service Ratings 3.4 3.5
Overall Ratings Rated 3.4 stars Rated 3.5 stars
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare MyValueTrade vs Nirmal Bang on Investment Offerings

Compare MyValueTrade with Nirmal Bang 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 - Nirmal Bang 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 Nirmal Bang
Investment Offerings Compare MyValueTrade Nirmal Bang
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 NIL
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Order Types

Compare MyValueTrade vs Nirmal Bang on Order Types

Order Type - Compare MyValueTrade with Nirmal Bang 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 Nirmal Bang
Order Type Compare MyValueTrade Nirmal Bang
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 Nirmal Bang on Margin/Leverage

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

Compare MyValueTrade vs Nirmal Bang on Customer Service

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

Compare MyValueTrade vs Nirmal Bang on Research Reports, Tips

Compare MyValueTrade with Nirmal Bang on research reports and tips provided by broker.

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

Compare MyValueTrade vs Nirmal Bang on Demat Account

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

Demat Charges - Compare MyValueTrade with Nirmal Bang
  MyValueTrade Nirmal Bang
DP Source NSDL CDSL
DP ID MyValueTrade vs Nirmal Bang - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards) ₹200 pa or ₹1000 for life time amc
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) ₹15 0.03% of the transaction value (Min ₹15)
Demat ₹3 per certificate + ₹20 per DFR ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction 0.02% of the transaction value (Min ₹100)
Failed Instruction Charges ₹20 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Nirmal Bang on Special Offers and Promotion

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

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

Great customer support, PAN India presence, research reports, branch offices, free call and trade facility.

Detail Review...

Dislikes

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

Detail Review...

Minimum brokerage charges, charges for charts & technical analysis software.

Detail Review...

Special Offers/Promo
Enquiry Enquire about MyValueTrade Enquire about Nirmal Bang

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







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