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
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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX||BSE, NSE|
|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.|
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 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|
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
|Plan Types||MyValueTrade||Paytm Money|
|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.
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||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|
Compare MyValueTrade with Paytm Money on transaction charges and PCM fee by segment.
|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|
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 Compare||MyValueTrade||Paytm Money|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
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||Paytm Money|
|Desktop Trading Platform||MVT Trade||Paytm Money|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://direct.mastermarts.com/||Paytm Money Web|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MVT Mobile||Paytm Money App|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod MVT Mobile Download||Andriod Paytm Money App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MVT Mobile Download||iOS Paytm Money App Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
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||Paytm Money|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NPS and digital gold|
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 Type Compare||MyValueTrade||Paytm Money|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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 Service Compare||MyValueTrade||Paytm Money|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||0120-4770-440|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.paytmmoney.com/blog/?utm_source=Social&utm_medium=Blog&utm_campaign=Launch|
|Head Office Address||Info Not Available||Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034|
|Website||Info Not Available||https://www.paytmmoney.com/|
Compare MyValueTrade with Paytm Money on research reports and tips provided by the broker.
Compare MyValueTrade with Paytm Money on Demat Service and Charges. This section covers about demat charges, demat service and other details
|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|
|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|
Compare MyValueTrade with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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||Info Not Available||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Info Not Available||Paytm Money allows 190+ Banks.|
|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.
|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
Free Delivery for Lifetime
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
FREE Account Opening (
Trade at Flat ₹20 per Trade Pay-as-you-go Demat AMC
Flat ₹20 Per Trade
Free Trading Tips & Software