Trade Smart Online Vs My Value Trade

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Trade Smart Online 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.

Trade Smart Online Vs My Value Trade Comparison

Here is a point by point comparison of Trade Smart Online Vs My Value Trade.

Trade Smart Online is a discount broker that was incorporated by VNS – a stockbroking firm that was founded in 1994. Discount brokers such as Trade Smart Online charge a fixed amount at the transaction level and are independent of the size of the transaction.

My Value Trade, on the other hand, 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 reasonably low per transaction charges.

Everything about discount brokers such as My Value Trade and Trade Smart Online is Internet-based, be it – customer service, trading, account opening and so on. Both the brokers being Discount oriented, selecting one of them can be tough and confusing.

At the same time, 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 Trade Smart Online and 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

Trade Smart Online Vs My Value Trade 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 and which one to go for.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.



	My Value Trade Review	Trade Smart Online Review
OVERVIEW
Broker Type	Discount Broker	Discount Broker
Incorporated In the Year	1985	1994
Number of branches across India	1	1
Exchanges	NSE,BSE,MCX and NCDEX	NSE, BSE, MCX, MCX-SX and NCDEX
ACCOUNT CHARGES
Trading Account Opening Charges	₹0	₹200
Trading Account Annual Maintenance Charges	₹400	₹0
Demat Account Opening Charges	₹555	₹200
Demat Account Annual Maintenance Charges	₹0	₹300
Transaction Charges	My Value Trade Transaction Charges	Trade Smart Online Transaction Charges
BROKERAGE
Equity Delivery	₹10 per executed order	₹15 per executed order or 0.07% depending on the plan
Intraday Delivery	₹10 per executed order	₹15 per executed order or 0.007% depending on the plan
Equity Futures	₹10 per executed order	₹15 per executed order or 0.007% depending on the plan
Equity Options	₹10 per executed order	₹15 or ₹7 per executed order depending on the plan
Currency Futures	₹10 per executed order	₹15 per executed order or 0.007% depending on the plan
Currency Options	₹10 per executed order	₹15 per executed order or 0.007% depending on the plan
Commodity	₹10 per executed order	₹15 per executed order or 0.007% depending on the plan
Brokerage Calculator	My Value Trade Brokerage Calculator	Trade Smart Online Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 5X Intraday	Intraday upto 30 times
Equity Futures	Upto 2X Intraday	Upto 5 times
Equity Options	NA	Upto 5 times
Currency Futures	Upto 2X Intraday	Upto 3 times
Currency Options	NA	Upto 3 times
Commodities	Upto 2X Intraday	Upto 5 times
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	NOW, Nest, Spin
Total BSE+NSE Complaints	25	14
OVERALL RATING
	Get a Callback	Get a Callback

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