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MyValueTrade Vs Paytm Money: Which one is better?

The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of Paytm Money Max Rs 10 per trade. Both the brokers are Discount Brokers. MyValueTrade is having overall lower rating compare to Paytm Money. MyValueTrade is rated only 3.5 out of 5 where Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of MyValueTrade vs Paytm Money 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 Paytm Money'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.

Here we present side-by-side comparison of MyValueTrade vs Paytm Money 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 Paytm Money's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare MyValueTrade vs Paytm Money on Service

  MyValueTrade Compare
MyValueTrade
Paytm Money Compare
Paytm Money
Overall Rating Rated 3.5 stars Rated 4 stars
Brokerage Charges Rated 4 stars Rated 4.5 stars
Trading Platform Rated 3.5 stars Rated 3.5 stars
Investments Offering Rated 4 stars Rated 4.5 stars
Customer Service Rated 3.5 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE
Active Clients 3,18,897
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. Best broker for free direct mutual fund investment, Zero brokerage delivery trading, and Rs. 10 flat brokerages on equity intraday and F&O trading through Paytm Money App and Web.
Broker Enquiry Request call back from MyValueTrade Request call back from Paytm Money
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Account Opening Charges and AMC

Compare MyValueTrade vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of MyValueTrade with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where MyValueTrade charges Rs 555 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MyValueTrade with Paytm Money
Charges MyValueTrade Paytm Money
Trading Account Opening Fees Rs 555 Free
Trading AMC Free Rs 300 PA
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs Paytm Money on Plan Options

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

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

Account Opening

  MyValueTrade Paytm Money
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs Paytm Money 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.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas equity delivery trading and mutual fund investment with Paytm Money is absolutely free of cost.

Brokerage Charges - Compare MyValueTrade with Paytm Money
Brokerage Charges Compare MyValueTrade Paytm Money
Plan Name Flat Fee Rs 10 Trading Plan Flat Brokerage Plan
Equity Delivery Flat Fee Rs 10 Free
Equity Intraday Flat Fee Rs 10 Rs. 10 or 0.05% whichever is lower
Equity Futures Flat Fee 10 Rs Rs. 10 or 0.02% whichever is lower
Equity Options Flat Fee Rs 10 Flat Fee Rs 10
Currency Futures Flat Fee 10 Rs Rs. 10 or 0.02% whichever is lower
Currency Options Flat Fee Rs 10 Flat Fee Rs 10
Commodity Trading Flat Fee 10 Rs NA
Minimum Brokerage Rs 10 or .01% whichever is lower NIL
Hidden Charges Info Not Available No
Funding Info Not Available Info Not Available
Call & Trade Charges Info Not Available Rs 300 per executed order
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare MyValueTrade vs Paytm Money on Transaction Charges

Compare MyValueTrade with Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare MyValueTrade with Paytm Money
Transaction Charges Compare MyValueTrade Paytm Money
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 NA
Currency Options Rs 4200 Per Cr NA
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for my-value-trade Complete Brokerage Plans for paytm-money
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Account Features

Compare MyValueTrade vs Paytm Money on Account Features

Compare MyValueTrade with Paytm Money 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 Paytm Money doesn't offers Algo Trading. Margin Funding - MyValueTrade offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - MyValueTrade with Paytm Money
Account Features Compare MyValueTrade Paytm Money
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 No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio No Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare MyValueTrade with Paytm Money
Trading Platform Compare MyValueTrade Paytm Money
Desktop Trading Platform MVT Trade Paytm Money
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ Paytm Money Web
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile Paytm Money App
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Rs. 300/- PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare MyValueTrade vs Paytm Money on User Rating

  MyValueTrade Paytm Money
  10 Customer Reviews    Rate MyValueTrade 4 Customer Reviews    Rate Paytm Money
Fees Ratings 3.7 3.8
Trading Brokerage Rating 4.0 4.5
Trading Platform Usability 3.4 3.0
Customer Service Ratings 3.4 3.5
Overall Ratings Rated 3.4 stars Rated 4.0 stars
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews Paytm Money is Rated 4.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare MyValueTrade vs Paytm Money on Investment Offerings

Compare MyValueTrade with Paytm Money 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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - MyValueTrade offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Paytm Money 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 Paytm Money
Investment Offerings Compare MyValueTrade Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No Yes
Mutual Funds No Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NPS and digital gold
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Order Types

Compare MyValueTrade vs Paytm Money on Order Types

Order Type - Compare MyValueTrade with Paytm Money on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Paytm Money 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) - Paytm Money provides Bracket Orders (BO) where MyValueTrade doesn't offer.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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare MyValueTrade with Paytm Money
Order Type Compare MyValueTrade Paytm Money
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare MyValueTrade vs Paytm Money on Customer Service

Compare MyValueTrade with Paytm Money on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare MyValueTrade with Paytm Money
Customer Service Compare MyValueTrade Paytm Money
24/7 Customer Service MyValueTrade vs Paytm Money - 24x7 customer support No No
Email Support MyValueTrade vs Paytm Money - Email Support Yes Yes
Onine Live Chat MyValueTrade vs Paytm Money - Onine Live Chat Yes No
Phone Support MyValueTrade vs Paytm Money - Phone Support Yes Yes
Toll Free Number MyValueTrade vs Paytm Money - Toll Free Number No No
Through Branches MyValueTrade vs Paytm Money - Through Branches No No
Customer Care Number MyValueTrade vs Paytm Money - Customer Care Number Info Not Available 0120-4770-440
Account Opening Process MyValueTrade vs Paytm Money - Account Opening Process Info Not Available Online/Paperless
Customer Support Email MyValueTrade vs Paytm Money - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs Paytm Money - Knowledge Center/Education Info Not Available https://www.paytmmoney.com/blog/?utm_source=Social&utm_medium=Blog&utm_campaign=Launch
Head Office Address MyValueTrade vs Paytm Money - Head Office Address/Corporate Address Info Not Available Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website MyValueTrade vs Paytm Money - Company Website Info Not Available https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare MyValueTrade vs Paytm Money on Research Reports, Tips

Compare MyValueTrade with Paytm Money on research reports and tips provided by the broker.

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

Compare MyValueTrade vs Paytm Money on Demat Account

Compare MyValueTrade with Paytm Money on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare MyValueTrade with Paytm Money
  MyValueTrade Paytm Money
DP Source NSDL CDSL
DP ID MyValueTrade vs Paytm Money - DP ID No CDSL: 1208
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards) 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 Nil
Transaction Charges on Debit (Per ISIN) ₹15 ₹10 per ISIN
Demat ₹3 per certificate + ₹20 per DFR ₹250 per 100 shares
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹250 for 100 shares
Pledge Creation ₹50 per transaction ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹32 per ISIN
Failed Instruction Charges ₹20 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs Paytm Money on Special Offers and Promotion

Compare MyValueTrade with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare MyValueTrade vs Paytm Money on Special Offers and Promotion
  MyValueTrade Paytm Money
Pay In and Pay Out Options MyValueTrade vs Paytm Money - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time MyValueTrade vs Paytm Money - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges MyValueTrade vs Paytm Money - Bank Supported and Charges Info Not Available Paytm Money allows 190+ Banks.
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...

Detail Review...

Dislikes

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

Detail Review...

  • A 3-in-1 Account is not available.
  • Platform Charges Rs. 300 per year.
  • High call & trade charges of Rs. 300 per executed order.
  • Paytm Money doesn’t offer commodity and currency trading services.
  • You cannot open an offline account with Paytm Money.
  • It only offers online services, thus, branch support is not available.
  • NRI can’t open an account with Paytm Money.
  • Margin funding and margin against share are not available.
  • Hidden Charges: Digital KYC Charges Rs 200 one time.

Detail Review...

Special Offers/Promo Life Time Free Equity Delivery Trades + ₹0 account opening fee + ₹300 of free brokerage + Free Demat Account with Zero AMC
Enquiry Enquire for MyValueTrade Enquire for Paytm Money

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


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