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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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 ...||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 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 Account Opening Fees||Rs 850||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 350 PA||Rs 400 PA (Waived for 1st year)|
|Provide DP Service|
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
|Plan Types||SBICAP Securities||MyValueTrade|
|Account Opening Request|
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||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|
Compare SBICAP Securities with MyValueTrade on transaction charges and PCM fee by segment.
|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|
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 Compare||SBICAP Securities||MyValueTrade|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: ODIN Diet||NIL|
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||MyValueTrade|
|Desktop Trading Platform||SBISMART XPRESS - NextTrader||MVT Trade|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://login1.sbismart.com/nidp/app/login||https://direct.mastermarts.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||SBISMART||MVT Mobile|
|Mobile Trading App Demo||SBISMART Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod SBISMART Download||Andriod MVT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SBISMART Download||iOS MVT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|75 Customer Reviews||9 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||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 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 Type Compare||SBICAP Securities||MyValueTrade|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||SBICAP Securities||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||Up to 10x leverage for equity.||Info Not Available|
|Futures Margin||Up to 3x leverage for equity future.||Info Not Available|
|Options Margin||Up to 3x for Opions Selling and no leverage on options buying.||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 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 Service Compare||SBICAP Securities||MyValueTrade|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800-209-9345/1800-22-3345||Info Not Available|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.sbismart.com/education||Info Not Available|
|Head Office Address||SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
MUMBAI - 400013
|Info Not Available|
|Website||https://www.sbismart.com||Info Not Available|
Compare SBICAP Securities with MyValueTrade on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare SBICAP Securities with MyValueTrade on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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||Nil|
|Pledge Invocation||Rs. 25/-|
|Failed Instruction Charges||Rs 10 per failed instruction.||Rs. 20/- per intimation per instruction|
|Other Charges||Statutory Levis as applicable|
Compare SBICAP Securities 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||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||Upto 24 Hrs except Bank Holidays.||Info Not Available|
|Bank Supported and Charges||Direct to SBI Bank.||Info Not Available|
|Bank Detail||Direct to SBI bank account||Info Not Available|
Hassle free 3 in 1 account, services for NRIs, site wide bar for live quotes, demos on all the trading apps
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 support commodity trading, minimum Brokerage charges.
doesn't provide tips and recommendation; doesn't offer automated trading to its clients.
|Enquiry||Enquire about SBICAP Securities||Enquire about MyValueTrade|
Last Updated on 2019-06-27T00:43:21+00:00