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My Value Trade Vs Wisdom Capital
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My Value Trade Vs Wisdom Capital 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.
My Value Trade Vs Wisdom Capital Comparison
Here is a point by point comparison of My Value Trade Vs Wisdom Capital.
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.
Wisdom Capital is a subsidiary of Ashlar Group of companies with a focus on retail discount stockbroking. Launched in 2013, Wisdom capital was the first stockbroker that introduced at lifetime brokerage plan wherein clients need to pay just once and they won’t be charged for brokerage across their life.
Discount brokers such as Wisdom Capital or My Value Trade offer trading services at much cheaper brokerage rates, provide innovative trading platforms with usable features and give reasonable customer service.
To make things easy for you, we have listed out the comparison between My Value Trade Vs Wisdom Capital 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
My Value Trade Vs Wisdom Capital Details
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| My Value Trade Review | Wisdom Capital Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1985 | 2013 |
| Number of branches across India | 1 | 250 |
| Exchanges | NSE,BSE,MCX and NCDEX | NSE, BSE, MCX – SX, MCX and USE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹400 | ₹0 |
| Demat Account Opening Charges | ₹555 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹999 Lifetime |
| Transaction Charges | My Value Trade Transaction Charges | Wisdom Capital Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹10 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Intraday Delivery | ₹10 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Futures | ₹10 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Equity Options | ₹10 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Futures | ₹10 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Currency Options | ₹10 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Commodity | ₹10 per executed order | ₹9 per executed order OR ₹999 per month for Unlimited Trades |
| Brokerage Calculator | My Value Trade Brokerage Calculator | Wisdom Capital Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5X Intraday | 5 times to 40 times depending on the Brokerage plan |
| Equity Futures | Upto 2X Intraday | 5 times to 20 times depending on the Brokerage plan |
| Equity Options | NA | 5 times to 40 times depending on the Brokerage plan |
| Currency Futures | Upto 2X Intraday | 4 times to 15 times depending on the Brokerage plan |
| Currency Options | NA | 4 times to 15 times depending on the Brokerage plan |
| Commodities | Upto 2X Intraday | 5 times to 20 times depending on the Brokerage plan |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity |  | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| 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) | MVT Trader, MVT Classic, MVT Mobile | NEST, NSE NOW, BOLT |
| Total BSE+NSE Complaints | 25 | 63 |
| OVERALL RATING |  |  |
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 My Value Trade Vs Wisdom Capital for the benefits of other readers?
Please feel free to share in the comments below.
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My Value Trade Vs Wisdom Capital
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