The brokerage of MyValueTrade Max Rs 10 per trade while the brokerage of TradePlusOnline Max Max Rs 9 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5.
Here we present side-by-side comparison of MyValueTrade vs TradePlusOnline 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 TradePlusOnline'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||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX||NSE, BSE, MCX|
|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.||TradePlus with unique offerings like an investment in direct mutual funds, NRI services along with investment in equity, commodity and currency at a flat monthly brokerage, free equity investment and 3T guiding Principles - Transparency, Technology, ...|
In this section we have compared MyValueTrade with TradePlusOnline on trading & demat account opening charges and AMC. Trading account opening charges - MyValueTrade charges Rs 555 for account opening where TradePlusOnline charges Rs 200 for account opeing. Demat AMC charges - MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account where TradePlusOnline charges Rs 200 (First Year Free) AMC for Demat account.
|Trading Account Opening Fees||Rs 555||Rs 200|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA (Waived for 1st year)||Rs 200 (First Year Free)|
|Provide DP Service|
Plans are the most important feature you look when compare MyValueTrade with TradePlusOnline. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - Both the brokers provides Monthly Plans.
|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.
TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.
|Brokerage Charges Compare||MyValueTrade||TradePlusOnline|
|Plan Name||Flat Fee Rs 10 Trading Plan||Flat Fee Plan|
|Equity Delivery||Flat Fee Rs 10||Free|
|Equity Intraday||Flat Fee Rs 10||0.01% or Rs 9 whichever is lower|
|Equity Futures||Flat Fee 10 Rs||Flat Fee Rs 9|
|Equity Options||Flat Fee Rs 10||Flat Fee Rs 9|
|Currency Futures||Flat Fee 10 Rs||Flat Fee Rs 9|
|Currency Options||Flat Fee Rs 10||Flat Fee Rs 9|
|Commodity Trading||Flat Fee 10 Rs||Flat Fee Rs 9|
|Minimum Brokerage||Rs 10 or .01% whichever is lower||NIL|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||Yes - 24% interest PA|
|Call & Trade Charges||Info Not Available||Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade|
|Brokerage Calculator||Brokerage Calculator for MyValueTrade||Brokerage Calculator for TradePlusOnline|
|SPAN Margin Calculator||SPAN Margin Calculator for MyValueTrade||SPAN Margin Calculator for TradePlusOnline|
Compare MyValueTrade with TradePlusOnline on transaction charges and PCM fee by segment.
|Transaction Charges Compare||MyValueTrade||TradePlusOnline|
|Equity Delivery||Rs 325 Per Cr||Rs 330 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 330 Per Cr|
|Equity Futures||Rs 300 Per Cr||Rs 350 Per Cr|
|Equity Options||Rs 6000 Per Cr||Rs 7500 Per Cr|
|Currency Futures||Rs 120 Per Cr||Rs 165 Per Cr|
|Currency Options||Rs 4200 Per Cr||Rs 6000 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 tradeplus|
Compare MyValueTrade with TradePlusOnline 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 - TradePlusOnline offers NRI where MyValueTrade doesn't offers NRI Trading.
|Account Features Compare||MyValueTrade||TradePlusOnline|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||NIL||Charting & Tech Tools -YES - INFINI POWER - MCX and Equities|
With our expert research team, we have compared all the major features of Trading platform b/w MyValueTrade and TradePlusOnline. 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||TradePlusOnline|
|Desktop Trading Platform||MVT Trade||NSE NOW,INFINI TRADER|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://direct.mastermarts.com/||https://infini.tradeplusonline.com/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||MVT Mobile||Tradeplus Mobile|
|Mobile Trading App Demo||Info Not Available||Tradeplus Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod MVT Mobile Download||Andriod Tradeplus Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MVT Mobile Download||iOS Tradeplus Mobile 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 TradePlusOnline|
|Futures Brokerage Calculator||Futures Brokerage Calculator for MyValueTrade||Futures Brokerage Calculator for TradePlusOnline|
|Options Brokerage Calculator||Options Brokerage Calculator for MyValueTrade||Options Brokerage Calculator for TradePlusOnline|
|Detail||Detail on Trading Platforms for my-value-trade||Detail on Trading Platforms for tradeplus|
|10 Customer Reviews||26 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||MyValueTrade is Rated 3.4 / 5 based on 10 customer reviews||TradePlusOnline is Rated 4.1 / 5 based on 26 customer reviews|
Compare MyValueTrade with TradePlusOnline 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 - TradePlusOnline 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||TradePlusOnline|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare MyValueTrade with TradePlusOnline 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) - TradePlusOnline 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) - TradePlusOnline 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- TradePlusOnline offers Good Till Cancelled (GTC) orders where MyValueTrade doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||MyValueTrade||TradePlusOnline|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre MyValueTrade with TradePlusOnline 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||TradePlusOnline|
|Equity Delivery Margin||Info Not Available||Up to 4x leverage on Equity Delivery with Margin Funding.|
|Equity Intraday Margin||Info Not Available||Up to 10x leverage for equity.|
|Futures Margin||Info Not Available||Up to 2x leverage for equity futures intraday.|
|Options Margin||Info Not Available||Up to 2x for Options Selling and no leverage on Options Buying.|
|Equity CO Margin||Info Not Available||Up to 40x leverage for equity CO.|
|Futures CO Margin||Info Not Available||Up to 3.5x leverage on equity futures CO.|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Up to 5x leverage on commodity futures.|
Compare MyValueTrade with TradePlusOnline 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||TradePlusOnline|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||044-49427576 / 044-28214171|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||http://support.tradeplusonline.com/support/solutions|
|Head Office Address||Info Not Available||Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Chennai - 600 034
|Website||Info Not Available||https://tradeplusonline.com|
Compare MyValueTrade with TradePlusOnline on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare MyValueTrade with TradePlusOnline on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa (Second year onwards)||₹900 for Ten Years|
|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|
|Transaction Charges on Debit (Per ISIN)||₹15||0.02% of transaction value (Min ₹15 and Max ₹200)|
|Demat||₹3 per certificate + ₹20 per DFR||₹50 up to five certificate (₹5 per additional certificate) ( Min ₹50)|
|Remat||₹20 for every hundred securities or ₹20 per certificate (whichever is higher)||₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 request charges|
|Pledge Creation||₹50 per transaction||₹15 per transaction|
|Pledge Creation Confirmation||Nil||0.02% of the value (Min ₹50)|
|Pledge Closure||₹25 per transaction||0.02% of the value (Min ₹50)|
|Pledge Closure Confirmation||Nil||0.02% of the value (Min ₹50)|
|Pledge Invocation||₹25 per transaction||0.02% of the value (Min ₹50)|
|Failed Instruction Charges||₹20||₹15|
Compare MyValueTrade with TradePlusOnline 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 TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
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||Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms.|
|Bank Detail||Info Not Available||NAVIA MARKETS LIMITED,
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
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||Free Trading account opening for our visitors.|
|Enquiry||Enquire about MyValueTrade||Enquire about TradePlusOnline|
Last Updated on 2019-07-08T23:37:28+00:00