Compare 3 Brokers

MyValueTrade Vs SAMCO: Which one is better?

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.

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.

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? BSE, NSE, MCX BSE, NSE, MCX,MCX-SX,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. Samco, the discount brokerage arm of the already established full-service broker has unique offerings and focus on innovation to satisfy every investor need. Feature-rich tools and platforms offered by Samco provide value addition to your trading.
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 SAMCO. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs SAMCO on Trading & Demat Account Opening Charges

In this section we have compared 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 opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where SAMCO charges Rs 400 PA 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
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 copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provide Multiple Plans where SAMCO doesn't offer Monthlay 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

  MyValueTrade 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 0.2% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 10 0.02% or Rs 20 whichever is lower
Equity Futures Flat Fee 10 Rs 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 10 Flat Fee Rs 20
Currency Futures Flat Fee 10 Rs 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 10 Flat Fee Rs 20
Commodity Trading Flat Fee 10 Rs Flat Fee Rs 20
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 Rs 20 per Executed order, with First 20 C&T are free
Brokerage Calculator Brokerage Calculator for MyValueTrade Brokerage Calculator for SAMCO
SPAN Margin Calculator SPAN Margin Calculator for MyValueTrade SPAN Margin 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 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 210 Per Cr
Equity Options Rs 6000 Per Cr Rs 5300 Per Cr
Currency Futures Rs 120 Per Cr Rs 135 Per Cr
Currency Options Rs 4200 Per Cr Rs 4400 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 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 - 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 link 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 30 Customer Reviews    Rate SAMCO
Fees Ratings 3.7 3.7
Trading Brokerage Rating 4.0 4.7
Trading Platform Usability 3.4 4.1
Customer Service Ratings 3.4 4.1
Overall Ratings Rated 3.4 stars Rated 4.3 stars
Broker Rating MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews SAMCO is Rated 4.3 / 5 based on 30 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 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 - both brokers don't offer online mutual fund investment option. 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 No
Mutual Funds No No
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 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) - 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 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 SAMCO
Order Type Compare MyValueTrade SAMCO
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre No Yes
Bracket Ordre No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare MyValueTrade vs SAMCO on Margin/Leverage

Comapre MyValueTrade with SAMCO 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 SAMCO
Margin Product Compare MyValueTrade SAMCO
Equity Delivery Margin MyValueTrade vs SAMCO - Equity Delivery Margin Info Not Available Up to 4x on equity delivery with CashPlus.
Equity Intraday Margin MyValueTrade vs SAMCO - Equity Intraday Margin Info Not Available Up to 15x leverage for equity.
Futures Margin MyValueTrade vs SAMCO - Futures Margin Info Not Available Up to 2x of NRML Margin for futures.
Options Margin MyValueTrade vs SAMCO - Options Margin Info Not Available Up to 2x of NRML Margin for Options shorting, No leverage for option buying.
Equity CO Margin MyValueTrade vs SAMCO - Equity CO Margin Info Not Available Up to 25x margin/leverage in equity CO order for selected scripts.
Futures CO Margin MyValueTrade vs SAMCO - Futures CO Margin Info Not Available Up to 25x margin/leverage (of complete order) for futures CO.
Options CO Margin MyValueTrade vs SAMCO - Options CO Margin Info Not Available Up to 25x margin/leverage (of complete order) in CO order for options Contracts Sell only, Buying is enabled only for NIFTY .
Commodity Margin MyValueTrade vs SAMCO - Commodity Margin Info Not Available Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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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 compare type of service offered by each broker for quick resoluation for queries/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 "+91-22-2222-7777 "
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 Info Not Available
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 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. This section cover 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 general features, advantages, disadvantages, pay out 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 (StockNote/SAMCO Star).
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

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...

  • Margin against shares and margin funding for equity delivery trades available.
  • High leverage upto 33x for trading in equity intraday using MIS.
  • Referral Credit.
  • Cover Order, Bracket Order and Trailing Stop Loss order available. Bracket Order available for commodity trading.
  • Mutual Fund Investment App

Detail Review...

Dislikes

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

Detail Review...

  • No monthly plans.
  • Samco is an online discount broker, so no branches and offline support.
  • eSAMCO account holders are required to maintain a minimum balance of Rs 1000 and are not allowed to upgrade to CashPlus, StockPlus, and IntraPlus.

Detail Review...

Special Offers/Promo 100% Brokerage Cash Back for 1st Month for trades using Stocknote Mobile App + Free Trading and Demat Account Opening.
Enquiry Enquire about MyValueTrade Enquire about SAMCO

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







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