Compare 3 Brokers

SBICAP Securities Vs MyValueTrade: Which one is better?

The brokerage of SBICAP Securities Max .05 to .5% per trade while the brokerage of MyValueTrade ranges between Rs 10. SBICAP Securities is a Full Service Broker where MyValueTrade is a Discount Broker. SBICAP Securities is having overall higher rating compare to MyValueTrade. SBICAP Securities is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.

Here we present side-by-side comparison of SBICAP Securities 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 SBICAP Securities 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.

Compare SBICAP Securities vs MyValueTrade on Service

  SBICAP Securities Compare
SBICAP Securities
MyValueTrade Compare
MyValueTrade
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX
Broker Overview SBICAP Securities offering clients a well rounded package having 3-in-1 account which is an integrated platform of Savings Bank A/c, Demat A/c and an Online Trading A/c and broad range of products, pan India presence and State-of- the-Art tools and ... Know more about SBICAP Securities 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.
Broker Enquiry Open an Online Trading Account with SBICAP Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare SBICAP Securities vs MyValueTrade on Trading & Demat Account Opening Charges

In this section we have compared SBICAP Securities with MyValueTrade on trading & demat account opening charges and AMC. Trading account opening charges - SBICAP Securities charges Rs 850 for account opening where MyValueTrade charges Rs 555 for account opeing. Demat AMC charges - SBICAP Securities charges Rs 350 PA AMC for Demat account where MyValueTrade charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with MyValueTrade
Charges SBICAP Securities MyValueTrade
Trading Account Opening Fees Rs 850 Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs MyValueTrade on Plan Options

Plans are the most important feature you look when compare SBICAP Securities with MyValueTrade. This section copare on high level about type of plans offered by brokers. Miltiple Plans - MyValueTrade provides Multiple Plans where SBICAP Securities doesn't offer Monthlay Plans - MyValueTrade provides Monthly Plans where SBICAP Securities doesn't offer

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

Account Opening

  SBICAP Securities MyValueTrade
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs MyValueTrade on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities.This is % based brokerage plan.Brokerage is between .05% to .5%, which is 5 paisa to 50 paisa.

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 SBICAP Securities with MyValueTrade
Brokerage Charges Compare SBICAP Securities MyValueTrade
Plan Name eZ-trade Trading Plan (Percentage Based) Flat Fee Rs 10 Trading Plan
Equity Delivery 0.5% or 50 paisa Flat Fee Rs 10
Equity Intraday 0.08% or 8 paisa Flat Fee Rs 10
Equity Futures 0.05% or 5 paisa Flat Fee 10 Rs
Equity Options Rs 100 Per Lot Flat Fee Rs 10
Currency Futures 0.03% or 3 paisa Flat Fee 10 Rs
Currency Options Rs 30 Per Lot Flat Fee Rs 10
Commodity Trading NA Flat Fee 10 Rs
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future Rs 10 or .01% whichever is lower
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Frirst 30 call free per month after that Rs 10 per call - Max 3 scripts can be trade per call. Info Not Available
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for MyValueTrade
SPAN Margin Calculator SPAN Margin Calculator for SBICAP Securities SPAN Margin Calculator for MyValueTrade
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Share Broker's Transaction Charges

Compare SBICAP Securities vs MyValueTrade on Transaction Charges

Compare SBICAP Securities with MyValueTrade on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities with MyValueTrade
Transaction Charges Compare SBICAP Securities MyValueTrade
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 300 Per Cr
Equity Options Rs 5000 Per Cr Rs 6000 Per Cr
Currency Futures Rs 110 Per Cr Rs 120 Per Cr
Currency Options Rs 4000 Per Cr Rs 4200 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for my-value-trade
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Account Features

Compare SBICAP Securities vs MyValueTrade on Account Features

Compare SBICAP Securities with MyValueTrade on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where MyValueTrade offers only 2-in-1 account which includes trading and demat account. Algo Trading - MyValueTrade offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - MyValueTrade offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - SBICAP Securities offers NRI where MyValueTrade doesn't offers NRI Trading.

Account Features - SBICAP Securities with MyValueTrade
Account Features Compare SBICAP Securities MyValueTrade
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs MyValueTrade on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities 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 SBICAP Securities with MyValueTrade
Trading Platform Compare SBICAP Securities MyValueTrade
Desktop Trading Platform SBISMART XPRESS - NextTrader MVT Trade
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App SBISMART MVT Mobile
Mobile Trading App Demo SBISMART Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS SBISMART Download iOS MVT Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare SBICAP Securities vs MyValueTrade on User Rating

  SBICAP Securities MyValueTrade
  75 Customer Reviews    Rate SBICAP Securities 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.3 3.7
Trading Brokerage Rating 3.1 4.0
Trading Platform Usability 2.8 3.2
Customer Service Ratings 2.7 3.2
Overall Ratings Rated 2.7 stars Rated 3.2 stars
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 75 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
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Investment Offerings

Compare SBICAP Securities vs MyValueTrade on Investment Offerings

Compare SBICAP Securities 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 - MyValueTrade offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - SBICAP Securities 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 SBICAP Securities with MyValueTrade
Investment Offerings Compare SBICAP Securities MyValueTrade
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare SBICAP Securities vs MyValueTrade on Order Types

Order Type - Compare SBICAP Securities 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) - SBICAP Securities provide 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) - SBICAP Securities provide 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 SBICAP Securities with MyValueTrade
Order Type Compare SBICAP Securities MyValueTrade
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare SBICAP Securities vs MyValueTrade on Margin/Leverage

Comapre SBICAP Securities 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.

Exposure/margin - Compare SBICAP Securities with MyValueTrade
Margin Product Compare SBICAP Securities MyValueTrade
Equity Delivery Margin SBICAP Securities vs MyValueTrade - Equity Delivery Margin No Margin on Equity Delivery, T+5 day trading option, Interest will be charged after T+2. Info Not Available
Equity Intraday Margin SBICAP Securities vs MyValueTrade - Equity Intraday Margin Up to 10x leverage for equity. Info Not Available
Futures Margin SBICAP Securities vs MyValueTrade - Futures Margin Up to 3x leverage for equity future. Info Not Available
Options Margin SBICAP Securities vs MyValueTrade - Options Margin Up to 3x for Opions Selling and no leverage on options buying. Info Not Available
Equity CO Margin SBICAP Securities vs MyValueTrade - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin SBICAP Securities vs MyValueTrade - Futures CO Margin Info Not Available Info Not Available
Options CO Margin SBICAP Securities vs MyValueTrade - Options CO Margin Info Not Available Info Not Available
Commodity Margin SBICAP Securities vs MyValueTrade - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare SBICAP Securities vs MyValueTrade on Customer Service

Compare SBICAP Securities 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 Support - Compare SBICAP Securities with MyValueTrade
Customer Service Compare SBICAP Securities MyValueTrade
24/7 Customer Service SBICAP Securities vs MyValueTrade - 24x7 customer support No No
Email Support SBICAP Securities vs MyValueTrade - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs MyValueTrade - Onine Live Chat No Yes
Phone Support SBICAP Securities vs MyValueTrade - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs MyValueTrade - Toll Free Number Yes No
Through Branches SBICAP Securities vs MyValueTrade - Through Branches Yes No
Customer Care Number SBICAP Securities vs MyValueTrade - Customer Care Number 1800-209-9345/1800-22-3345 Info Not Available
Account Opening Process SBICAP Securities vs MyValueTrade - Account Opening Process Offline Info Not Available
Customer Support Email SBICAP Securities vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education SBICAP Securities vs MyValueTrade - Knowledge Center/Education https://www.sbismart.com/education Info Not Available
Head Office Address SBICAP Securities vs MyValueTrade - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Info Not Available
Website SBICAP Securities vs MyValueTrade - Company Website https://www.sbismart.com Info Not Available
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Tips/Research/Reports Published

Compare SBICAP Securities vs MyValueTrade on Research Reports, Tips

Compare SBICAP Securities with MyValueTrade on research reports and tips provided by broker.

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

Compare SBICAP Securities vs MyValueTrade on Demat Account

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

Demat Charges - Compare SBICAP Securities with MyValueTrade
  SBICAP Securities MyValueTrade
DP Source CDSL NSDL
DP ID SBICAP Securities vs MyValueTrade - DP ID 19300 No
Demat Account Annual Maintenance Charges(AMC) 1. 1st Yr-Free ,2nd Yr Onwards payable in advance 2. a. BSDA < 50,000/- Nil b. BSDA > 50,000/- <=2 Lac Rs 100/- c. Rs. 400/- (Rs. 350/- for e-stmnt) for Ind with POA d. Rs 700/- For ind without POA 3. Rs 800/- Corp withPOA 4. Rs 1700/- For Corpwithout POA NIL
Advance Deposit 0 for all 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
Statutory charges 0 Nil
Transaction Charges on Debit (Per ISIN) a. Thru POA - 0.01% of the transaction value subject to Minimum of Rs. 21/- and Maximum of Rs.300/- per ISIN debit instruction b. Thru DIS - 0.04% of the transaction value Subject to Minimum of Rs. 30/- per ISIN debit instruction (Charges of Rs.10/- per ISIN for late submission) Rs. 12/- for each debit instruction
Demat Rs 5 /- per cert + Rs. 35/- courier charges per request Rs. 20/- per DRF plus Rs. 3/- per certificate
Remat Rs. 35/- Per Request + CDSL Charges i.e. Rs.10/- per 100 securities or part quantity 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 a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable Rs. 50/-
Pledge Creation Confirmation a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable Nil
Pledge Closure a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable Rs. 25/-
Pledge Closure Confirmation a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable Nil
Pledge Invocation a. If SSL / SBI is the counter party - 0.02% of Value or Min Rs 25/- whichever is higher plus CDSL charges as applicable b. If SSL / SBI is not the counter party - 0.04 % of the transaction value subject to a Minimum of Rs. 50/- per ISIN instruction plus CDSL Charge as applicable Rs. 25/-
Failed Instruction Charges Rs 10 per failed instruction. Rs. 20/- per intimation per instruction
Other Charges Statutory Levis as applicable

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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs MyValueTrade on Special Offers and Promotion

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

Compare SBICAP Securities vs MyValueTrade on Special Offers and Promotion
  SBICAP Securities MyValueTrade
Pay In and Pay Out Options SBICAP Securities vs MyValueTrade - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time SBICAP Securities vs MyValueTrade - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges SBICAP Securities vs MyValueTrade - Bank Supported and Charges Direct to SBI Bank. Info Not Available
Bank Detail Direct to SBI bank account Info Not Available
Likes

Hassle free 3 in 1 account, services for NRIs, site wide bar for live quotes, demos on all the trading apps

Detail Review...

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...

Dislikes

Doesn't support commodity trading, minimum Brokerage charges.

Detail Review...

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

Detail Review...

Special Offers/Promo
Enquiry Enquire about SBICAP Securities Enquire about MyValueTrade

Last Updated on 2019-06-27T00:43:21+00:00







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