Indiabulls Vs My Value Trade
| |Indiabulls Vs My Value Trade is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Indiabulls Vs My Value Trade so that you get a 360-degree view about which broker to go ahead with.
Indiabulls Vs My Value Trade Comparison
Here is a point by point comparison of Indiabulls Vs My Value Trade.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
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.
Full-service brokers will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Discount brokers such as My Value Trade or Indiabulls 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 Indiabulls 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
Indiabulls Vs My Value Trade Details
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 stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
My Value Trade Review | Indiabulls Ventures Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 1985 | 2000 |
Number of branches across India | 1 | 150 |
Exchanges | NSE,BSE,MCX and NCDEX | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹450 |
Trading Account Annual Maintenance Charges | ₹400 | ₹0 |
Demat Account Opening Charges | ₹555 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹450 (Free 1st Year) |
Transaction Charges | My Value Trade Transaction Charges | Indiabulls Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹10 per executed order | 0.01% |
Intraday Delivery | ₹10 per executed order | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Futures | ₹10 per executed order | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Options | ₹10 per executed order | ₹15 per lot |
Currency Futures | ₹10 per executed order | ₹15 per executed order or 0.01% (whichever is lower) |
Currency Options | ₹10 per executed order | ₹15 per lot |
Commodity | ₹10 per executed order | ₹15 per executed order or 0.01% (whichever is lower) |
Brokerage Calculator | My Value Trade Brokerage Calculator | Indiabulls Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5X Intraday | Upto 10 times for Intraday, & 3 times for Delivery |
Equity Futures | Upto 2X Intraday | Upto 3 times Intraday |
Equity Options | NA | NA |
Currency Futures | Upto 2X Intraday | Upto 3 times Intraday |
Currency Options | NA | NA |
Commodities | Upto 2X Intraday | Upto 3 times 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 | Power Indiabulls, Online Trading, Indiabulls Shubh |
Total BSE+NSE Complaints | 25 | 43 |
OVERALL RATING | ||
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