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MyValueTrade Vs SAMCO: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of SAMCO Max Rs 20 per trade. Both the brokers are Discount Brokers. MyValueTrade is having overall lower rating compare to SAMCO. MyValueTrade is rated only 3.5 out of 5 where SAMCO is rated 4 out of 5. Number of active customer for SAMCO is 90,174 where number of active customer for MyValueTrade is . SAMCO is serving more customer compare to MyValueTrade.

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

  MyValueTrade Compare
MyValueTrade
SAMCO Compare
SAMCO
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? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 90,174
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. Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ...Know more about SAMCO
Broker Enquiry Request call back from Zerodha Request call back from SAMCO
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Account Opening Charges and AMC

Compare MyValueTrade vs SAMCO on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare MyValueTrade with SAMCO
Charges MyValueTrade SAMCO
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 (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs SAMCO on Plan Options

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

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

Account Opening

  Zerodha SAMCO
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs SAMCO 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.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

Brokerage Charges - Compare MyValueTrade with SAMCO
Brokerage Charges Compare MyValueTrade SAMCO
Plan Name Flat Fee Rs 10 Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Fee Rs 10 0.5% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 10 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee 10 Rs Flat Fee Rs 20
Equity Options Flat Fee Rs 10 Flat Fee Rs 20
Currency Futures Flat Fee 10 Rs 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 10 0.05% or Rs 20 whichever is lower
Commodity Trading Flat Fee 10 Rs 0.05% or Rs 20 whichever is lower
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 NA Rs 20 per Executed order, with First 20 C&T are free
Auto Square off Charges NA Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for SAMCO
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Share Broker's Transaction Charges

Compare MyValueTrade vs SAMCO on Transaction Charges

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

Transaction Charges - Compare MyValueTrade with SAMCO
Transaction Charges Compare MyValueTrade SAMCO
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity 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 samco
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Account Features

Compare MyValueTrade vs SAMCO on Account Features

Compare MyValueTrade with SAMCO 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 trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - SAMCO offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - MyValueTrade with SAMCO
Account Features Compare MyValueTrade SAMCO
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 Yes
Other Features NIL NIL
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Trading Platform

Compare MyValueTrade vs SAMCO on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and SAMCO. 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 SAMCO
Trading Platform Compare MyValueTrade SAMCO
Desktop Trading Platform MVT Trade SAMCO Trader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ https://trade.samco.in/Samruddi/Login/indexauth.jsp
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile StockNote
Mobile Trading App Demo Info Not Available StockNote Demo
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod StockNote Download
iPhone Mobile App (IOS) No No
iOS App Download iOS MVT Mobile Download iOS StockNote Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MyValueTrade Equity Intraday and Delivery Brokerage Calculator for SAMCO
Futures Brokerage Calculator Futures Brokerage Calculator for MyValueTrade Futures Brokerage Calculator for SAMCO
Options Brokerage Calculator Options Brokerage Calculator for MyValueTrade Options Brokerage Calculator for SAMCO
Detail Detail on Trading Platforms for my-value-trade Detail on Trading Platforms for samco

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Broker Ratings by Users

Compare MyValueTrade vs SAMCO on User Rating

  MyValueTrade SAMCO
  10 Customer Reviews    Rate MyValueTrade 32 Customer Reviews    Rate SAMCO
Fees Ratings 3.7 3.7
Trading Brokerage Rating 4.0 4.6
Trading Platform Usability 3.4 4.0
Customer Service Ratings 3.4 4.0
Overall Ratings 3.4 4.1
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews SAMCO is Rated 4.1 / 5 based on 32 customer reviews
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Investment Offerings

Compare MyValueTrade vs SAMCO on Investment Offerings

Compare MyValueTrade with SAMCO 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - SAMCO 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 SAMCO
Investment Offerings Compare MyValueTrade SAMCO
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
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 No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare MyValueTrade vs SAMCO on Order Types

Order Type - Compare MyValueTrade with SAMCO 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) - SAMCO 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) - SAMCO 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 SAMCO
Order Type Compare MyValueTrade SAMCO
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 SAMCO on Customer Service

Compare MyValueTrade with SAMCO 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 SAMCO
Customer Service Compare MyValueTrade SAMCO
24/7 Customer Service MyValueTrade vs SAMCO - 24x7 customer support No No
Email Support MyValueTrade vs SAMCO - Email Support Yes Yes
Onine Live Chat MyValueTrade vs SAMCO - Onine Live Chat Yes No
Phone Support MyValueTrade vs SAMCO - Phone Support Yes Yes
Toll Free Number MyValueTrade vs SAMCO - Toll Free Number No Yes
Through Branches MyValueTrade vs SAMCO - Through Branches No No
Customer Care Number MyValueTrade vs SAMCO - Customer Care Number Info Not Available 022-2222-7777/022-4503-0450
Account Opening Process MyValueTrade vs SAMCO - Account Opening Process Info Not Available Online/Paperless
Customer Support Email MyValueTrade vs SAMCO - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs SAMCO - Knowledge Center/Education Info Not Available https://www.samco.in/knowledge-center/
Head Office Address MyValueTrade vs SAMCO - Head Office Address/Corporate Address Info Not Available SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.
Website MyValueTrade vs SAMCO - Company Website Info Not Available https://www.samco.in/
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Tips/Research/Reports Published

Compare MyValueTrade vs SAMCO on Research Reports, Tips

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

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

Compare MyValueTrade vs SAMCO on Demat Account

Compare MyValueTrade with SAMCO on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for SAMCO is ₹400 pa where for MyValueTrade is ₹300 pa (Second year onwards).

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for MyValueTrade is ₹15 where for SAMCO is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare MyValueTrade with SAMCO
  MyValueTrade SAMCO
DP Source NSDL CDSL
DP ID MyValueTrade vs SAMCO - DP ID No 54200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second year onwards) ₹400 pa
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 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹15 ₹10
Demat ₹3 per certificate + ₹20 per DFR ₹10 per certificate + ₹50 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) CDSL charges + ₹50 courier charges
Pledge Creation ₹50 per transaction ₹25 per transaction
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹25 per transaction
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹25 per transaction
Failed Instruction Charges ₹20 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs SAMCO on Special Offers and Promotion

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

Compare MyValueTrade vs SAMCO on Special Offers and Promotion
  MyValueTrade SAMCO
Pay In and Pay Out Options MyValueTrade vs SAMCO - Pay In and Pay Out Options Info Not Available pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking/Payment Gateway from SAMCO trader or Back Office
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time MyValueTrade vs SAMCO - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges MyValueTrade vs SAMCO - Bank Supported and Charges Info Not Available Around 24 banks allow instant credit facility(Payment Gateway) with charges of Rs 6 from Samco trading platform.
Bank Detail Info Not Available Samco Securities Limited,
Account Number: ZSAMCODDXXXX
Bank and Branch: Indusind Bank, Fort Branch, Mumbai
Account Type: Current Account
IFSC Code: INDB0000033
Likes

Detail Review...

  • Trade and invest with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-gen mobile app and trading tools.
  • Zero brokerage mutual fund investment.
  • Get upto 4x leverage/margin in the equity cash segment.
  • Get margin against your holdings on StockPlus.
  • SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility.
  • Equity SIP: Set up a stock SIP on the Stock Note App.
  • Place advanced orders like bracket order, cover order, and after market order.
  • Place a GTT order on Stock Note app with lifetime validity.
  • Get 100% brokerage cashback for the 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

Detail Review...

Dislikes

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

Detail Review...

  • SAMCO does not provide direct mutual funds.
  • You cannot open a 3-in-1 account with SAMCO.
  • NRI cannot open SAMCO NRI Demat & Trading Account.
  • Delivery trading in SAMCO is not free.
  • No monthly trading plans.
  • High Demat maintenance charges of Rs. 400 per year.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open SAMCO Account Now>>

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