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Trading Bells Vs My Value Trade – Share Brokers Comparison
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Trading Bells Vs My Value Trade
Here is a point by point comparison of Trading Bells Vs My Value Trade. Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
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 Trading Bells 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 Trading Bells 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 | Trading Bells Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1985 | 2014 |
| 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 | ₹0 |
| 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 | Trading Bells Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹10 per executed order | ₹0 |
| Intraday Delivery | ₹10 per executed order | 0.01% or ₹20 per executed order whichever is lower |
| Equity Futures | ₹10 per executed order | 0.01% or ₹20 per executed order whichever is lower |
| Equity Options | ₹10 per executed order | Flat ₹20 per executed order |
| Currency Futures | ₹10 per executed order | 0.01% or ₹20 per executed order whichever is lower |
| Currency Options | ₹10 per executed order | Flat ₹20 per executed order |
| Commodity | ₹10 per executed order | 0.01% or ₹20 per executed order whichever is lower |
| Brokerage Calculator | My Value Trade Brokerage Calculator | Trading Bells Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5X Intraday | Upto 10 times Intraday |
| Equity Futures | Upto 2X Intraday | Upto 3 times for Intraday |
| Equity Options | NA | Buying no leverage |
| Currency Futures | Upto 2X Intraday | Upto 2 times for Intraday |
| Currency Options | NA | Upto 3 times for Intraday |
| 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 | ODIN, NETNET Lite, NSE Now, Mobile Trade |
| Total BSE+NSE Complaints | 25 | 9 |
| OVERALL RATING |  | |
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Summary
Reviewer
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Date
Broker Name
Trading Bells Vs My Value Trade
Overall Rating
