The brokerage of RKSV Max Rs 20 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. RKSV is having overall higher rating compare to MyValueTrade. RKSV is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.
Here we present side-by-side comparison of RKSV vs MyValueTrade share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared RKSV vs MyValueTrade'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||BSE, NSE, MCX|
|Broker Overview||From innovative tools to free trade opportunity to education and prioritizing customer service , Upstox provides clients everything they need and more to succeed.||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.|
In this section we have compared RKSV with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - RKSV charges Rs 150 Equity/ Rs 150 Commodity for account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - RKSV charges Rs 150 PA (Waived for 1st year) AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Rs 150 Equity/ Rs 150 Commodity||Rs 555|
|Demat Account Opening Fees||Rs 150||Free|
|Demat AMC||Rs 150 PA (Waived for 1st year)||Rs 400 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare RKSV with MyValueTrade. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provides Multiple Plans where RKSV doesn't offer Monthlay Plans - MyValueTrade provides Monthly Plans where RKSV doesn't offer
|Account Opening Request|
RKSV Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others
MyValueTrade Brokerage Plan detail - This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
|Brokerage Charges Compare||RKSV||MyValueTrade|
|Plan Name||Max Rs 20 Per Order Plan||Flat Fee Rs 10 Trading Plan|
|Equity Delivery||Free||Flat Fee Rs 10|
|Equity Intraday||0.01% or Rs 20 whichever is lower||Flat Fee Rs 10|
|Equity Futures||Flat Fee Rs 20||Flat Fee 10 Rs|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 10|
|Currency Futures||Flat Fee Rs 20||Flat Fee 10 Rs|
|Currency Options||Flat Fee Rs 20||Flat Fee Rs 10|
|Commodity Trading||Flat Fee Rs 20||Flat Fee 10 Rs|
|Minimum Brokerage||Rs 0||Rs 10 or .01% whichever is lower|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Info Not Available||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for RKSV||Brokerage Calculator for MyValueTrade|
|SPAN Margin Calculator||SPAN Margin Calculator for RKSV||SPAN Margin Calculator for MyValueTrade|
Compare RKSV with MyValueTrade on transaction charges and PCM fee by segment.
|Transaction Charges Compare||RKSV||MyValueTrade|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 210 Per Cr||Rs 300 Per Cr|
|Equity Options||Rs 5500 Per Cr||Rs 6000 Per Cr|
|Currency Futures||Rs 150 Per Cr||Rs 120 Per Cr|
|Currency Options||Rs 6000 Per Cr||Rs 4200 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 rksv||Complete Brokerage Plans for my-value-trade|
Compare RKSV with MyValueTrade 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 - MyValueTrade offers margin funding where RKSV doesn't offers margin funding. NRI Trading - RKSV offers NRI where MyValueTrade doesn't offers NRI Trading.
|Account Features Compare||RKSV||MyValueTrade|
|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 RKSV and MyValueTrade. 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||RKSV||MyValueTrade|
|Desktop Trading Platform||DartStock/Nest Trader/Fox Trader||MVT Trade|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://pro.upstox.com/||https://direct.mastermarts.com/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||Upstox||MVT Mobile|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Upstox Download||Andriod MVT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Upstox Download||iOS MVT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for RKSV||Equity Intraday and Delivery Brokerage Calculator for MyValueTrade|
|Futures Brokerage Calculator||Futures Brokerage Calculator for RKSV||Futures Brokerage Calculator for MyValueTrade|
|Options Brokerage Calculator||Options Brokerage Calculator for RKSV||Options Brokerage Calculator for MyValueTrade|
|Detail||Detail on Trading Platforms for rksv||Detail on Trading Platforms for my-value-trade|
|46 Customer Reviews||9 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||RKSV is Rated 4.4 / 5 based on 46 customer reviews||MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews|
Compare RKSV with MyValueTrade 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 - RKSV 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||RKSV||MyValueTrade|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare RKSV with MyValueTrade 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- both brokers doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||RKSV||MyValueTrade|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre RKSV with MyValueTrade 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||RKSV||MyValueTrade|
|Equity Delivery Margin||Info Not Available||Info Not Available|
|Equity Intraday Margin||Info Not Available||Info Not Available|
|Futures Margin||Info Not Available||Info Not Available|
|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||Info Not Available|
Compare RKSV with MyValueTrade 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||RKSV||MyValueTrade|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Info Not Available||Info Not Available|
|Customer Support Email||Info Not Available||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Info Not Available||Info Not Available|
|Website||Info Not Available||Info Not Available|
Compare RKSV with MyValueTrade on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare RKSV with MyValueTrade on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Rs. 300/- per annum.||NIL|
|Advance Deposit||NIL||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|
|Transaction Charges on Debit (Per ISIN)||Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip.||Rs. 12/- for each debit instruction|
|Demat||Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms.||Rs. 20/- per DRF plus Rs. 3/- per certificate|
|Remat||Rs. 25/- per certificate or 0.05% of the value whichever is higher.||Rs. 20/- per every 100 securities or part thereof; or a flat fee of Rs. 20/- per certificate which ever is higher is payable|
|Pledge Creation||0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.||Rs. 50/-|
|Pledge Creation Confirmation||0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.||Nil|
|Pledge Closure||0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.||Rs. 25/-|
|Pledge Closure Confirmation||Nil|
|Pledge Invocation||0.05% of the transaction charges subject to a minimum of Rs. 50/-||Rs. 25/-|
|Failed Instruction Charges||Rs. 50/- per transaction.||Rs. 20/- per intimation per instruction|
|Other Charges||Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.|
Compare RKSV with MyValueTrade 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||Info Not Available|
|Payout Time||Info Not Available||Info Not Available|
|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.
doesn't provide tips and recommendation; doesn't offer automated trading to its clients.
Special offers:Zero Account Opening Fee.Get the offer.
|Enquiry||Enquire about RKSV||Enquire about MyValueTrade|
Last Updated on 2019-06-27T00:43:21+00:00