Looking for Low Brokerage, High Margin & Free Tips?
My Value Trade Vs TradeJini – Indian Share Brokers Comparison
| | Broker Comparison, Trading | No Comments
My Value Trade Vs TradeJini
Here is a point by point comparison of My Value Trade Vs TradeJini. 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. TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
Everything about discount brokers such as TradeJini or My Value Trade is internet based, be it – customer service, trading, account opening etc. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market, your long and short-term plans of investing or trading and so on.
To make things easy for you, we have listed out the comparison between My Value Trade Vs TradeJini 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
 |  | |
| My Value Trade Review | Tradejini Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1985 | 2012 |
| Number of branches across India | 1 | 1 |
| Exchanges | NSE,BSE,MCX and NCDEX | BSE, NSE, MCX and MCX SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹695 (get ₹300 off by Opening Account through Us) |
| Trading Account Annual Maintenance Charges | ₹400 | ₹0 |
| Demat Account Opening Charges | ₹555 | ₹300 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
| Transaction Charges | My Value Trade Transaction Charges | Tradejini Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹10 per executed order | ₹20 per executed order or 0.10% of Turnover whichever is lower |
| Intraday Delivery | ₹10 per executed order | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Equity Futures | ₹10 per executed order | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Equity Options | ₹10 per executed order | ₹20 per executed order |
| Currency Futures | ₹10 per executed order | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Currency Options | ₹10 per executed order | ₹20 per executed order |
| Commodity | ₹10 per executed order | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Brokerage Calculator | My Value Trade Brokerage Calculator | Tradejini Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5X Intraday | Upto 20 Times for Intraday, & No leverage for Delivery |
| Equity Futures | Upto 2X Intraday | Normally 2.5 times with stop loss upto 5 times |
| Equity Options | NA | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times |
| Currency Futures | Upto 2X Intraday | NA |
| Currency Options | NA | NA |
| Commodities | Upto 2X Intraday | Upto 3 times for Intraday |
| 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, NSE Mobile Trading App |
| Total BSE+NSE Complaints | 25 | 9 |
| 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 My Value Trade Vs TradeJini for the benefits of other readers. Please feel free to share in the comments below.
Check out more comparisons here.
In case you are looking to open a Demat account, get started by entering basic details below:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
My Value Trade Vs TradeJini
Overall Rating
