Looking for Low Brokerage, High Margin & Free Tips?
Geojit BNP Paribas Vs My Value Trade – Share Brokers Comparison
| | Broker Comparison, Trading | No Comments
Geojit BNP Paribas Vs My Value Trade
Here is a point by point comparison of Geojit BNP Paribas Vs My Value Trade. Geojit BNP Paribas is one of the prominent full service brokers in India with 8,00,000 clients across 509 offices across the country. At the same time, Geojit BNP Paribas also has international presence across middle eastern countries such as Saudi Arabia, Bahrain, UAE, Oman and Kuwait.
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.
Everything about discount brokers such as My Value Trade is Online, be it – customer service, trading, account opening etc. Full service brokers such as Geojit BNP Paribas, on the other hand, 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 Geojit BNP Paribas 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
 |  | |
| My Value Trade Review | Geojit BNP Paribas Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 1985 | 1987 |
| Number of branches across India | 1 | 509 |
| Exchanges | NSE,BSE,MCX and NCDEX | BSE, NSE, MCX-SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹425 |
| Trading Account Annual Maintenance Charges | ₹400 | ₹0 |
| Demat Account Opening Charges | ₹555 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
| Transaction Charges | My Value Trade Transaction Charges | Geojit BNP Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹10 per executed order | 0.3% |
| Intraday Delivery | ₹10 per executed order | 0.03% |
| Equity Futures | ₹10 per executed order | 0.03% |
| Equity Options | ₹10 per executed order | ₹125 per contract |
| Currency Futures | ₹10 per executed order | 0.03% |
| Currency Options | ₹10 per executed order | ₹125 per contract |
| Commodity | ₹10 per executed order | NA |
| Brokerage Calculator | My Value Trade Brokerage Calculator | Geojit BNP Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5X Intraday | Intraday upto 10 times, For Delivery upto 7 days but with interest of 22%/annum |
| Equity Futures | Upto 2X Intraday | No additional leverage for Intraday |
| Equity Options | NA | No additional leverage for Intraday |
| Currency Futures | Upto 2X Intraday | No additional leverage for Intraday |
| Currency Options | NA | No additional leverage for Intraday |
| 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 | Selfie Platinum, Selfie Gold, Mobile App |
| Total BSE+NSE Complaints | 25 | 39 |
| 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 Geojit BNP Paribas Vs My Value Trade 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
Geojit BNP Paribas Vs My Value Trade
Overall Rating
