Angel Broking Vs My Value Trade
| |Angel Broking Vs My Value Trade comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Angel Broking Vs My Value Trade Comparison
Here is a detailed layout of Angel Broking Vs My Value Trade point by point.
Angel Broking, a leading full-service stockbroker, has built a brand of its own thanks to its high tech trading platforms and robo advisory services since its inception in 1987.
In the year of its existence, even Angel Broking hs done quite a bit in the trading technology space including Angel Broking ARQ, Angel Broking Mobile App, Angel Bee and more.
My Value Trade, on the other hand, has been an oldie too but in Discount Broking in India, it is relatively new, although the company was launched in 1985. My Value Trade has a reasonable amount of customer base and charges reasonably low per transaction charges.
Everything about discount brokers such as My Value Trade is Online, be it – customer service, trading, account opening and so on. At the same time, Full-service brokers such as Angel Broking will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
Angel Broking Vs My Value Trade Compare
To make things easy for you, we have listed out the comparison between Angel Broking Vs My Value Trade to help you find which of the two suits your needs better.
The comparison is made on various aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms.
We hope this article helps you to understand which of the two brokers is better for your needs and which one to go for.
Angel Broking Review | My Value Trade Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 1987 | 1985 |
Number of branches across India | 11,500 | 1 |
Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹450 | ₹400 |
Demat Account Opening Charges | ₹0 | ₹555 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | Angel Broking Transaction Charges | My Value Trade Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹10 per executed order |
Intraday Delivery | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹10 per executed order |
Equity Futures | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹10 per executed order |
Equity Options | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹10 per executed order |
Currency Futures | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹10 per executed order |
Currency Options | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹10 per executed order |
Commodity | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹10 per executed order |
Calculate Brokerage | Angel Broking Brokerage Calculator | My Value Trade Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday Upto 3 times for Delivery | Upto 5X Intraday |
Equity Futures | Upto 4 times for Intraday | Upto 2X Intraday |
Equity Options | Upto 3 times for Intraday Selling No Margin for Buying | NA |
Currency Futures | Upto 2 times for Intraday | Upto 2X Intraday |
Currency Options | Upto 2 times for Intraday Selling No Margin for Buying | NA |
Commodities | Upto 3 times for Intraday | Upto 2X Intraday |
Margin | Angel Broking Margin | |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
Research | Angel Broking Research | |
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
Customer Care | Angel Broking Customer Care | |
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | Angel Broking App, Angel Broking Web (Angel Eye), Speed Pro | MVT Trader, MVT Classic, MVT Mobile |
Complaint Percentage | 0.03% | 0.01% |
Complaints | Angel Broking Complaints | |
OVERALL RATING | ||
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Angel Broking Vs My Value Trade for the benefits of other readers? Please feel free to share in the comments below.
Finally, if you would like to get started with stock market trading or investments in general with a trading and demat account, let us assist you in taking the next steps forward:
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