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Goodwill Commodities Vs My Value Trade – Share Brokers Comparison
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Goodwill Commodities Vs My Value Trade
Here is a point by point comparison of Goodwill Commodities Vs My Value Trade. 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. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Full service brokers such as Goodwill Commodities 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. Discount brokers such as 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 Goodwill Commodities 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 | Goodwill Commodities Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service |
| Incorporated In the Year | 1985 | 2008 |
| Number of branches across India | 1 | 27 |
| Exchanges | NSE,BSE,MCX and NCDEX | BSE, NSE, MCX, NCDEX, MSEI |
| 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 | Goodwill Commodities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹10 per executed order | 0.5% |
| Intraday Delivery | ₹10 per executed order | 0.1% |
| Equity Futures | ₹10 per executed order | 0.1% |
| Equity Options | ₹10 per executed order | 2.5% on the premium or ₹100 per contract, whichever is higher |
| Currency Futures | ₹10 per executed order | 0.1% |
| Currency Options | ₹10 per executed order | 2.5% on the premium or ₹30 per contract, whichever is higher |
| Commodity | ₹10 per executed order | 0.1% |
| Brokerage Calculator | My Value Trade Brokerage Calculator | Goodwill Commodities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5X Intraday | Upto 5 times Intraday, Upto 2 times delivery |
| Equity Futures | Upto 2X Intraday | Upto 3 times for Intraday |
| Equity Options | NA | No Leverage |
| Currency Futures | Upto 2X Intraday | Upto 2 times for Intraday |
| Currency Options | NA | No Leverage |
| 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 Diet, NEST, iWin Mobile App, Goodwill Web Trading app |
| Complaints percentage | 0.09% | 0.15% |
| 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 Goodwill Commodities Vs My Value Trade for the benefits of other readers. Please feel free to share in the comments below.
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Goodwill Commodities Vs My Value Trade
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