The brokerage of Trade Smart Online Max Rs 15 per trade while the brokerage of MyValueTrade Max Rs 10 per trade. Both the brokers are Discount Brokers. Trade Smart Online is having overall higher rating compare to MyValueTrade.Trade Smart Online is rated 4 out of 5 where MyValueTrade is rated only 3.5 out of 5.
Here we present 1 on 1 comparison of Trade Smart Online vs MyValueTrade share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared Trade Smart Online vs MyValueTrade's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.
 Trade Smart Online |
 MyValueTrade |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Discount Broker |
| Exchanges Supported
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BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Broker Overview | Trade Smart Online on the whole provides clients a well-rounded offering worth being a client for, especially with its cheapest unlimited trading per monthly plan for Equity, F&O, commodity and currency segment. | 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 |
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| Trade Smart Online | MyValueTrade | |
|---|---|---|
| Trading Account Opening Fees
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Rs 200 | Rs 555 |
| Trading AMC
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Free | Free |
| Demat Account Opening Fees
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Rs 200 | Free |
| Demat AMC
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Rs 300 PA | Rs 400 PA (Waived for 1st year) |
| Provide DP Service
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| Trade Smart Online | MyValueTrade | |
|---|---|---|
| Multiple Plans
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| Monthly Plans
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| Yearly Plans
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| Trade Smart Online | MyValueTrade | |
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| Contact / Request Call Back |
| Trade Smart Online | MyValueTrade | |
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| Plan Name
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Flat Fee Rs 15 Plan (Power Plan) | Flat Fee Rs 10 Plan |
| Plan Description
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15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity. | This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing. |
| Equity Delivery
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Flat Fee Rs 15 | Flat Fee Rs 10 |
| Equity Intraday
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Flat Fee Rs 15 | Flat Fee Rs 10 |
| Equity Futures
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Flat Fee Rs 15 | Flat Fee 10 Rs |
| Equity Options
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Flat Fee Rs 15 | Flat Fee Rs 10 |
| Currency Futures
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Flat Fee Rs 15 | Flat Fee 10 Rs |
| Currency Options
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Flat Fee Rs 15 | Flat Fee Rs 10 |
| Commodity Trading
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Flat Fee Rs 15 | Flat Fee 10 Rs |
| Minimum Brokerage
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Rs 15 | Rs 10 or .01% whichever is lower |
| Hidden Charges
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No | Info Not Available |
| Funding
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Info Not Available | Info Not Available |
| Call & Trade Charges
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Rs 20 per executed Order | Info Not Available |
| Brokerage Calculator | Brokerage Calculator for Trade Smart Online | Brokerage Calculator for MyValueTrade |
| SPAN Margin Calculator | SPAN Margin Calculator for Trade Smart Online | SPAN Margin Calculator for MyValueTrade |
| Trade Smart Online | MyValueTrade | |
|---|---|---|
| Equity Delivery
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Rs 350 Per Cr | Rs 325 Per Cr |
| Equity Intraday
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Rs 350 Per Cr | Rs 325 Per Cr |
| Equity Futures
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Rs 240 Per Cr | Rs 300 Per Cr |
| Equity Options
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Rs 7150 Per Cr | Rs 6000 Per Cr |
| Currency Futures
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Rs 165 Per Cr | Rs 120 Per Cr |
| Currency Options
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Rs 6000 Per Cr | Rs 4200 Per Cr |
| Commodity
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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 trade-smart-online | Complete Brokerage Plans for my-value-trade |
| Trade Smart Online | MyValueTrade | |
|---|---|---|
| 3 in 1 Account
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| Charting
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| Algo Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Combined Ledger for Equity and Commodity
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| Intraday Square-off Time
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3:15PM | 3:15PM |
| NRI Trading
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| Other Features
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| Trade Smart Online | MyValueTrade | |
|---|---|---|
| Desktop Trading Platform
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NEST Trader & Fox Trader | MVT Trade |
| Desktop Demo
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Desktop Demo | Info Not Available |
| Desktop Platform (Windows)
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| Desktop Platform (Mac)
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| Web Trading Platform
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| Web Trading Detail
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https://sine.tradesmartonline.in/userMaster/login | https://direct.mastermarts.com/ |
| Web Trading Demo
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Web Trading Demo | Info Not Available |
| Mobile Site
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| Mobile Trading
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| Mobile Trading App
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Sine | MVT Mobile |
| Mobile Trading App Demo
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Sine Demo | Info Not Available |
| Android Mobile App
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| Android App Download
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Andriod Sine Download | Andriod MVT Mobile Download |
| iPhone Mobile App (IOS)
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| iOS App Download
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iOS Sine Download | iOS MVT Mobile Download |
| Android Tablet App
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| iPad App (IOS)
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| Trading Software Charges
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Free | Info Not Available |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Trade Smart Online | Equity Intraday and Delivery Brokerage Calculator for MyValueTrade |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Trade Smart Online | Futures Brokerage Calculator for MyValueTrade |
| Options Brokerage Calculator | Options Brokerage Calculator for Trade Smart Online | Options Brokerage Calculator for MyValueTrade |
| Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for my-value-trade |
| Trade Smart Online | MyValueTrade | |
|---|---|---|
34 Customer Reviews  |
9 Customer Reviews |
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| Fees Ratings |  |
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| Trading Brokerage Rating |  |
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| Trading Platform Usability | |
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| Customer Service Ratings | |
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| Overall Ratings | |
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| Broker Rating | Trade Smart Online is Rated 4.0 / 5 based on 34 customer reviews | MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews |
| Trade Smart Online | MyValueTrade | |
|---|---|---|
| Equity Cash and F&O
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| Currency Deravitives
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| Commodity
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| Online IPO Application
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| Mutual Funds
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| Bond / NCD
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| ETF
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| Banking
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| Insurance
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| Forex
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| MF SIP Investment
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| Equity SIP Investment
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| PMS Service
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| Algo Trading
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| Other Investment Options
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| Trade Smart Online | MyValueTrade | |
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| CNC Ordre
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| MIS Ordre
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| NRML Ordre
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| Cover Ordre
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| Bracket Ordre
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| AMO-After Market Orders
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| GTC-Good Till Cancelled
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| Trade Smart Online | MyValueTrade | |
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| Equity Delivery Margin
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Up to 1x Margin on Equity Delivery. | Info Not Available |
| Equity Intraday Margin
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Up to 10x leverage for equity intraday. | Info Not Available |
| Futures Margin
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Up to 3x leverage for equity futures intraday (MIS). | Info Not Available |
| Options Margin
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Up to 3x for Index options selling, no leverage on options buying. | Info Not Available |
| Equity CO Margin
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Up to 30x leverage for equity CO. | Info Not Available |
| Futures CO Margin
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Up to 7x leverage on equity/Index futures CO. | Info Not Available |
| Options CO Margin
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Up to 7x leverage on options selling and 1.33x for options buying via CO. | Info Not Available |
| Commodity Margin
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Up to 2x on commodity MIS, and up to 6x for CO. | Info Not Available |
| Trade Smart Online | MyValueTrade | |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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022 61208000/42878000 | Info Not Available |
| Account Opening Process
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Paperless | Info Not Available |
| Customer Support Email
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[email protected] | Info Not Available |
| Knowledge Center/Education
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https://help.tradesmartonline.in/ | Info Not Available |
| Head Office Address
|
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Info Not Available |
| Website
|
https://tradesmartonline.in/ | Info Not Available |
| Trade Smart Online | MyValueTrade | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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| Trade Smart Online | MyValueTrade | |
|---|---|---|
| DP Source | CDSL | NSDL |
| DP ID
|
30400 | No |
| Demat Account Annual Maintenance Charges(AMC) | Rs 300(Individual), Rs.800 (Corporate) | 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 |
| Statutory charges | At Actual | Nil |
| Transaction Charges on Debit (Per ISIN) | Rs. 25 minimum or 0.02% which ever is higher.In case of BSDA Rs.50 or 0.02% whichever is higher. | Rs. 12/- for each debit instruction |
| Demat | Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request. | Rs. 20/- per DRF plus Rs. 3/- per certificate |
| Remat | Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request. | 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 | Rs. 200 per scrip | Rs. 50/- |
| Pledge Creation Confirmation | Nil | Nil |
| Pledge Closure | Rs. 200 per scrip | Rs. 25/- |
| Pledge Closure Confirmation | Nil | Nil |
| Pledge Invocation | Rs. 200 minimum or 0.01% which ever is higher | Rs. 25/- |
| Failed Instruction Charges | Nil | Rs. 20/- per intimation per instruction |
| Other Charges | Late instruction .1% scrip value, For requisitioning physical transaction statement Rs. 50 per BO statement plus courier charges |
| Trade Smart Online | MyValueTrade | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software. Pay-out/Fund Withdrawal - Bank Transfer only. |
Info Not Available |
| Payout Time
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Up to 24 Hrs except Bank Holidays. | Info Not Available |
| Bank Supported and Charges
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Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8+GST from TradeSmart trading platforms. | Info Not Available |
| Bank Detail | VNS Finance and Capital Services Ltd., Account Number:VNS095XXXXXXX Bank and Branch: Yes Bank,CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
Info Not Available |
| Likes |
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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. |
| Dislikes |
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doesn't provide tips and recommendation; doesn't offer automated trading to its clients. |
| Special Offers/Promo |  Special offer for topsharebrokers.com Visitors |
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| Enquire about Trade Smart Online | Enquire about MyValueTrade |