Bonanza Online Vs My Value Trade – Share Brokers Comparison

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Bonanza Online Vs My Value Trade

Here is a point by point comparison of Bonanza Online Vs My Value Trade. Bonanza Online is a full service broker with presence in around 560 cities with 1800 outlets across the country. It offers multiple brokerage plans depending on the margin money the client is looking to put in while opening the account. This makes Bonanza Online one of the cheapest stock broker in India in terms of brokerage.

My Value Trade has been an oldie in Discount Broking in India and was launched back in 1985. My Value Trade has a reasonable amount of customer base and charges pretty low transaction charges.

Discount brokers such as My Value Trade offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, Full service brokers such as Bonanza Online will help you, spoon feed you, hand hold 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.

To make things easy for you, we have listed out the comparison between Bonanza Online Vs My Value Trade to help you find which of the two suits your needs better. The comparison is made on 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.

Comparison

Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Bonanza Online Vs My Value Trade for the benefits of other readers. Please feel free to share in the comments below.

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