Zeroshulk Vs My Value Trade – Share Brokers Comparison
Zeroshulk Vs My Value Trade
Here is a point by point comparison of Zeroshulk Vs My Value Trade. Zeroshulk is a discount stock broker in partnership with Vikson securities. Today Zeroshulk claims to have 9000+ customers who transact across equities, currencies and commodities. It is known for its flexible brokerage plans.
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.
Discount brokers such as Zeroshulk or My Value Trade offer trading services at much cheaper brokerage rates and reasonable customer service. 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 Zeroshulk 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 | Zeroshulk Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Stock Broker |
Incorporated In the Year | 1985 | 2008 |
Number of branches across India | 1 | 1 |
Exchanges | NSE,BSE,MCX and NCDEX | NSE, BSE, MCX, MCX SX |
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 | ₹300 (Free for 1st Year) |
Transaction Charges | My Value Trade Transaction Charges | Zeroshulk Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹10 per executed order | ₹15 per order or ₹999 per month for unlimited trades |
Intraday Delivery | ₹10 per executed order | ₹15 per order or ₹999 per month for unlimited trades |
Equity Futures | ₹10 per executed order | ₹15 per order or ₹999 per month for unlimited trades |
Equity Options | ₹10 per executed order | ₹15 per order or ₹999 per month for unlimited trades |
Currency Futures | ₹10 per executed order | ₹15 per order or ₹999 per month for unlimited trades |
Currency Options | ₹10 per executed order | ₹15 per order or ₹999 per month for unlimited trades |
Commodity | ₹10 per executed order | ₹15 per order or ₹999 per month for unlimited trades |
Brokerage Calculator | My Value Trade Brokerage Calculator | Zeroshulk Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5X Intraday | Upto 20 times Intraday & 3 times for Delivery |
Equity Futures | Upto 2X Intraday | Upto 4 times for Intraday |
Equity Options | NA | Buying no leverage, Shorting upto 4 times |
Currency Futures | Upto 2X Intraday | Upto 4 times for Intraday |
Currency Options | NA | Upto 4 times for Intraday |
Commodities | Upto 2X Intraday | Upto 4 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 | Zeroshulk Web, Zeroshulk Trade and Zeroshulk Mobile |
Total BSE+NSE Complaints | 25 | 21 |
OVERALL RATING | ||
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