The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of SMC Global ranges between .03 to .3%. MyValueTrade is a Discount Broker where SMC Global is a Full Service Broker. MyValueTrade is having overall higher rating compare to SMC Global. MyValueTrade is rated 3.5 out of 5 where SMC Global is rated only 3 out of 5.
Here we present side-by-side comparison of MyValueTrade vs SMC Global 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 SMC Global'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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX||NSE, BSE, 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.||SMC Global securities Ltd. is a leading and award winning stock broker in India having a good track record in the financial services industry, NRI trading, Margin facility and more...|
In this section we have compared MyValueTrade with SMC Global on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where SMC Global charges Rs 1000 for account opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where SMC Global charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 555||Rs 1000|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Waived for 1st year)||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare MyValueTrade with SMC Global. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provide Multiple Plans where SMC Global doesn't offer Monthlay Plans - MyValueTrade provide Monthly Plans where SMC Global doesn't offer
|Plan Types||MyValueTrade||SMC Global|
|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.
SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.
|Brokerage Charges Compare||MyValueTrade||SMC Global|
|Plan Name||Flat Fee Rs 10 Trading Plan||Standard Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 10||0.3% or 30 paisa|
|Equity Intraday||Flat Fee Rs 10||0.03% or 3 paisa|
|Equity Futures||Flat Fee 10 Rs||0.03% or 3 paisa|
|Equity Options||Flat Fee Rs 10||Rs 70 Per Lot|
|Currency Futures||Flat Fee 10 Rs||0.03% or 3 paisa|
|Currency Options||Flat Fee Rs 10||Rs 20 Per Lot|
|Commodity Trading||Flat Fee 10 Rs||0.03% or 3 paisa|
|Minimum Brokerage||Rs 10 or .01% whichever is lower||Rs 25 per trade or 2.5% of the trade value whichever is lower|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Info Not Available||Free|
|Brokerage Calculator||Brokerage Calculator for MyValueTrade||Brokerage Calculator for SMC Global|
|SPAN Margin Calculator||SPAN Margin Calculator for MyValueTrade||SPAN Margin Calculator for SMC Global|
Compare MyValueTrade with SMC Global on transaction charges and PCM fee by segment.
|Transaction Charges Compare||MyValueTrade||SMC Global|
|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 smc-global-broker|
Compare MyValueTrade with SMC Global 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 - SMC Global offers NRI where MyValueTrade doesn't offers NRI Trading.
|Account Features Compare||MyValueTrade||SMC Global|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and SMC Global. 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||SMC Global|
|Desktop Trading Platform||MVT Trade||ODIN Diet|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://direct.mastermarts.com/||https://trade.smcindiaonline.com/easytrade/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||MVT Mobile||SMCEasyTrade|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod MVT Mobile Download||Andriod SMCEasyTrade Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MVT Mobile Download||iOS SMCEasyTrade Download|
|Android Tablet App|
|iPad App (IOS)|
|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 SMC Global|
|Futures Brokerage Calculator||Futures Brokerage Calculator for MyValueTrade||Futures Brokerage Calculator for SMC Global|
|Options Brokerage Calculator||Options Brokerage Calculator for MyValueTrade||Options Brokerage Calculator for SMC Global|
|Detail||Detail on Trading Platforms for my-value-trade||Detail on Trading Platforms for smc-global-broker|
|9 Customer Reviews||4 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews||SMC Global is Rated 2.5 / 5 based on 4 customer reviews|
Compare MyValueTrade with SMC Global 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 - SMC Global offers online mutual fund investment option where MyValueTrade doesn't offer. Portfolio Management Services (PMS) - SMC Global provides PMS Service where MyValueTrade doesn't offer
|Investment Offerings Compare||MyValueTrade||SMC Global|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Insurance|
Order Type - Compare MyValueTrade with SMC Global 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- SMC Global offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||MyValueTrade||SMC Global|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre MyValueTrade with SMC Global 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.
|Margin Product Compare||MyValueTrade||SMC Global|
|Equity Delivery Margin||Info Not Available||Up to 3x leverage for equity delivery - via Margin Funding.|
|Equity Intraday Margin||Info Not Available||Up to 10x leverage for equity.|
|Futures Margin||Info Not Available||Up to 7x leverage for futures.|
|Options Margin||Info Not Available||Info Not Available|
|Equity CO Margin||Info Not Available||Info Not Available|
|Futures CO Margin||Info Not Available||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Up to 3x leverage for commodity trading.|
Compare MyValueTrade with SMC Global 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 Service Compare||MyValueTrade||SMC Global|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||91-11-66075200|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.smctradeonline.com/research/new-letters|
|Head Office Address||Info Not Available||SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi – 110005
|Website||Info Not Available||https://www.smctradeonline.com|
Compare MyValueTrade with SMC Global on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare MyValueTrade with SMC Global on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||NIL||Individual Clients -General AMC Scheme Rs.300/- P.A. (POA Clients) Rs. 350/- P.A. (Non POA Clients) -One time AMC Scheme Rs. 1000/- P.A.(POA Clients) Rs. 1300/- P.A. (Non POA Clients) - No AMC Scheme Rs 3000/- Refundable Deposit Corporate Clients Rs. 1000/- P.A.|
|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||AMC will be charged in advance.|
|Statutory charges||Nil||Service tax, other statutory levies and Stamp paper charges extra as applicable.|
|Transaction Charges on Debit (Per ISIN)||Rs. 12/- for each debit instruction||On Maket Transaction Rs.15/- (POA Clients) Rs. 20/- (Non POA clients) Off Market Instruction 0.03% subject to Min. Rs. 20/- & Max. Rs. 50/- Charges Per instruction.|
|Demat||Rs. 20/- per DRF plus Rs. 3/- per certificate||Rs. 5/- Per Certificate (Rs. 30/- for 1st Certificate) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier)|
|Remat||Rs. 20/- per every 100 securities or part thereof; or a flat fee of Rs. 20/- per certificate which ever is higher is payable||Rs.25/- (For one certificate/100 shares) Courier Charges Extra(Rs.25/- for Local & Rs.40/- for outstation courier)|
|Pledge Creation||Rs. 50/-||Rs.60/-|
|Pledge Creation Confirmation||Nil||Rs.60/-|
|Pledge Closure||Rs. 25/-||Rs.30/-|
|Pledge Closure Confirmation||Nil||Rs.30/-|
|Pledge Invocation||Rs. 25/-||Rs.30/-|
|Failed Instruction Charges||Rs. 20/- per intimation per instruction||Rs. 20/- per instruction|
|Other Charges||DIS Book Charges Rs. 30/- (20 leafs) Client Modification Charges Rs-25/- Additional Client master Charges Rs. 25/- Delivery Instruction by FAX will be charged Rs. 5/- per instruction. Additional Statement (Weekly/Daily/Fortnightly) Rs. 5/- per page.|
Compare MyValueTrade with SMC Global on general features, advantages, disadvantages, pay out 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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from ODIN Diet/Net Net Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Info Not Available||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|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.
Pan-India presence, no trading account AMC, Dedicated customer care, Multiple Trading platforms, Call and trade facility, Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
doesn't provide tips and recommendation; doesn't offer automated trading to its clients.
Brokerage charges not disclosed anywhere onsite, mobile trading not available for NSE, No 3 in 1 account, extra charges for their featured products,Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in equity segment.
|Enquiry||Enquire about MyValueTrade||Enquire about SMC Global|
Last Updated on 2019-07-08T23:37:28+00:00