Compare 3 Brokers

MyValueTrade Vs SMC Global: Which one is better?

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.

Compare MyValueTrade vs SMC Global on Service

  MyValueTrade Compare
MyValueTrade
SMC Global Compare
SMC Global
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? 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...
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 SMC Global. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MyValueTrade vs SMC Global on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare MyValueTrade with SMC Global
Charges MyValueTrade SMC Global
Trading Account Opening Fees Rs 555 Rs 1000
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MyValueTrade vs SMC Global on Plan Options

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

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

Account Opening

  MyValueTrade SMC Global
Account Opening Request
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Brokerage Charges

Compare MyValueTrade vs SMC Global 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.

SMC Global Brokerage Plan detail - This is a standard plan by SMS Global.This is % based brokerage plan.

Brokerage Charges - Compare MyValueTrade with SMC Global
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
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Share Broker's Transaction Charges

Compare MyValueTrade vs SMC Global on Transaction Charges

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

Transaction Charges - Compare MyValueTrade with SMC Global
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
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Account Features

Compare MyValueTrade vs SMC Global on Account Features

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 - MyValueTrade with SMC Global
Account Features Compare MyValueTrade SMC Global
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 Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
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 SMC Global on Trading Platform

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 with SMC Global
Trading Platform Compare MyValueTrade SMC Global
Desktop Trading Platform MVT Trade ODIN Diet
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://direct.mastermarts.com/ https://trade.smcindiaonline.com/easytrade/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App MVT Mobile SMCEasyTrade
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MVT Mobile Download Andriod SMCEasyTrade Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS MVT Mobile Download iOS SMCEasyTrade Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
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

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Broker Ratings by Users

Compare MyValueTrade vs SMC Global on User Rating

  MyValueTrade SMC Global
  9 Customer Reviews    Rate MyValueTrade 4 Customer Reviews    Rate SMC Global
Fees Ratings 3.7 3.0
Trading Brokerage Rating 4.0 2.3
Trading Platform Usability 3.2 2.5
Customer Service Ratings 3.2 2.3
Overall Ratings Rated 3.2 stars Rated 2.5 stars
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
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Investment Offerings

Compare MyValueTrade vs SMC Global on Investment Offerings

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 with SMC Global
Investment Offerings Compare MyValueTrade SMC Global
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No No
PMS Service No Yes
Other Investment Options NIL Insurance
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Order Types

Compare MyValueTrade vs SMC Global on Order Types

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 Types - Compare MyValueTrade with SMC Global
Order Type Compare MyValueTrade SMC Global
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre No No
Bracket Ordre No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare MyValueTrade vs SMC Global on Margin/Leverage

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.

Exposure/margin - Compare MyValueTrade with SMC Global
Margin Product Compare MyValueTrade SMC Global
Equity Delivery Margin MyValueTrade vs SMC Global - Equity Delivery Margin Info Not Available Up to 3x leverage for equity delivery - via Margin Funding.
Equity Intraday Margin MyValueTrade vs SMC Global - Equity Intraday Margin Info Not Available Up to 10x leverage for equity.
Futures Margin MyValueTrade vs SMC Global - Futures Margin Info Not Available Up to 7x leverage for futures.
Options Margin MyValueTrade vs SMC Global - Options Margin Info Not Available Info Not Available
Equity CO Margin MyValueTrade vs SMC Global - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin MyValueTrade vs SMC Global - Futures CO Margin Info Not Available Info Not Available
Options CO Margin MyValueTrade vs SMC Global - Options CO Margin Info Not Available Info Not Available
Commodity Margin MyValueTrade vs SMC Global - Commodity Margin Info Not Available Up to 3x leverage for commodity trading.
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Customer Service Offered

Compare MyValueTrade vs SMC Global on Customer Service

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 Support - Compare MyValueTrade with SMC Global
Customer Service Compare MyValueTrade SMC Global
24/7 Customer Service MyValueTrade vs SMC Global - 24x7 customer support No No
Email Support MyValueTrade vs SMC Global - Email Support Yes Yes
Onine Live Chat MyValueTrade vs SMC Global - Onine Live Chat Yes No
Phone Support MyValueTrade vs SMC Global - Phone Support Yes Yes
Toll Free Number MyValueTrade vs SMC Global - Toll Free Number No Yes
Through Branches MyValueTrade vs SMC Global - Through Branches No Yes
Customer Care Number MyValueTrade vs SMC Global - Customer Care Number Info Not Available 91-11-66075200
Account Opening Process MyValueTrade vs SMC Global - Account Opening Process Info Not Available Online/Paperless
Customer Support Email MyValueTrade vs SMC Global - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MyValueTrade vs SMC Global - Knowledge Center/Education Info Not Available https://www.smctradeonline.com/research/new-letters
Head Office Address MyValueTrade vs SMC Global - Head Office Address/Corporate Address Info Not Available SMC Global Securities Ltd
11/6B, Shanti Chamber Pusa Road,
New Delhi 110005
Website MyValueTrade vs SMC Global - Company Website Info Not Available https://www.smctradeonline.com
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Tips/Research/Reports Published

Compare MyValueTrade vs SMC Global on Research Reports, Tips

Compare MyValueTrade with SMC Global on research reports and tips provided by broker.

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

Compare MyValueTrade vs SMC Global on Demat Account

Compare MyValueTrade with SMC Global on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare MyValueTrade with SMC Global
  MyValueTrade SMC Global
DP Source NSDL CDSL
DP ID MyValueTrade vs SMC Global - DP ID No 19100
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.

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Special Offers,Advantages,Disadvantages

Compare MyValueTrade vs SMC Global on Special Offers and Promotion

Compare MyValueTrade with SMC Global on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare MyValueTrade vs SMC Global on Special Offers and Promotion
  MyValueTrade SMC Global
Pay In and Pay Out Options MyValueTrade vs SMC Global - 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 MyValueTrade vs SMC Global - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges MyValueTrade vs SMC Global - Bank Supported and Charges Info Not Available Info Not Available
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...

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.

Detail Review...

Dislikes

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

Detail Review...

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.

Detail Review...

Special Offers/Promo
Enquiry Enquire about MyValueTrade Enquire about SMC Global

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







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