Yes Securities Vs My Value Trade – Stock Brokers Comparison
Yes Securities Vs My Value Trade
Here is a detailed layout of Yes Securities Vs My Value Trade point by point. My Value Trade, on the other hand, has been an oldie too but in Discount Broking in India and was launched in 1985. My Value Trade has a reasonable amount of customer base and charges reasonably low per transaction charges. Yes Securities, a bank based full service stock broker, was established in 2013 and has its headquarters in Mumbai. The broker offers free demat and trading account, provides tips and research to its clients at a reasonable brokerage percentage based rate.
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 Yes Securities 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 Yes Securities 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.
My Value Trade Review | Yes Securities Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 1985 | 2013 |
Number of branches across India | 1 | 52 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE |
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 | ₹500 |
Transaction Charges | My Value Trade Transaction Charges | Yes Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹10 per executed order | 0.45% or ₹25 whichever is higher |
Intraday Delivery | ₹10 per executed order | 0.05% |
Equity Futures | ₹10 per executed order | 0.05% |
Equity Options | ₹10 per executed order | ₹75 per lot |
Currency Futures | ₹10 per executed order | 0.05% |
Currency Options | ₹10 per executed order | ₹75 per lot |
Commodity | ₹10 per executed order | NA |
Brokerage Calculator | My Value Trade Brokerage Calculator | Yes Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5X Intraday | Intraday upto 25 times & Delivery upto 5 times |
Equity Futures | Upto 2X Intraday | Upto 4 times for intraday |
Equity Options | NA | NA |
Currency Futures | Upto 2X Intraday | NA |
Currency Options | NA | NA |
Commodities | Upto 2X Intraday | NA |
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 | Yes Web, Mobile App |
Complaint %age against the broker | 0.09% | 0.09% |
OVERALL RATING | ||
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 Yes Securities Vs My Value Trade for the benefits of other readers. Please feel free to share in the comments below.