FundsIndia Vs My Value Trade
| |Here is a point by point comparison of FundsIndia Vs My Value Trade. FundsIndia is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
My Value Trade, on the other hand, has been an oldie in Discount Broking in India and was launched back in 2012. My Value Trade has a reasonable amount of customer base and charges reasonably low per transaction charges.
FundsIndia Vs My Value Trade Comparison
Everything about discount brokers such as My Value Trade and FundsIndia is Online, be it – customer service, trading, account opening and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
Discount brokers such as FundsIndia or My Value Trade offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between FundsIndia 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 stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
FundsIndia Vs My Value Trade Details
FundsIndia Review | My Value Trade Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2009 | 1985 |
Number of branches across India | 1 | 1 |
Exchanges | SEBI | NSE,BSE,MCX and NCDEX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹200 | ₹400 |
Demat Account Opening Charges | ₹0 | ₹555 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | FundsIndia Transaction Charges | My Value Trade Transaction Charges |
BROKERAGE | ||
Equity Delivery | Min. ₹6, Max ₹20 | ₹10 per executed order |
Intraday Delivery | Min. ₹6, Max ₹20 | ₹10 per executed order |
Equity Futures | Min. ₹6, Max ₹20 | ₹10 per executed order |
Equity Options | Min. ₹6, Max ₹20 | ₹10 per executed order |
Currency Futures | NA | ₹10 per executed order |
Currency Options | NA | ₹10 per executed order |
Commodity | NA | ₹10 per executed order |
Calculate Brokerage | FundsIndia Brokerage Calculator | My Value Trade Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 Times | Upto 5X Intraday |
Equity Futures | Upto 5 Times | Upto 2X Intraday |
Equity Options | Upto 5 Times | NA |
Currency Futures | NA | Upto 2X Intraday |
Currency Options | NA | NA |
Commodities | NA | Upto 2X 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) | FundsIndia Web, FundsIndia Mobile App | MVT Trader, MVT Classic, MVT Mobile |
Total BSE+NSE Complaints | 2 | 25 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with FundsIndia Vs My Value Trade for the benefits of other readers? Please feel free to share in the comments below.
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