Looking for Low Brokerage, High Margin & Free Tips?
Motilal Oswal Vs My Value Trade
| | Broker Comparison, Trading | No Comments
Motilal Oswal Vs My Value Trade comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Motilal Oswal Vs My Value Trade Comparison
Here is a point by point comparison of Motilal Oswal Vs My Value Trade.
Motilal Oswal is a full-service broker that was incorporated way back in the year 1987. It boosts of 7.5 Lakh customers today with presence in more than 2200 locations around the country.
My Value Trade, on the other hand, has been an oldie in Discount Broking in India and was launched in 1985. My Value Trade has a reasonable amount of customer base and charges reasonably low per transaction charges.
Everything about discount brokers such as My Value Trade is Online, be it – customer service, trading, account opening and so on.
Full-service brokers such as Motilal Oswal 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.
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 Motilal Oswal Vs My Value Trade to help you find which of the two suits your needs better.
The comparison is made on various aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Motilal Oswal 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 and which one to go for.
 |  | |
| Motilal Oswal Review | My Value Trade Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1987 | 1985 |
| Number of branches across India | 2200 | 1 |
| Exchanges | BSE, NSE, NCDEX, MSEI | NSE,BSE,MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹1000 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹400 |
| Demat Account Opening Charges | ₹0 | ₹555 |
| Demat Account Annual Maintenance Charges | ₹441 | ₹0 |
| Transaction Charges | Motilal Oswal Transaction Charges | My Value Trade Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.50% | ₹10 per executed order |
| Intraday Delivery | 0.05% | ₹10 per executed order |
| Equity Futures | 0.05% | ₹10 per executed order |
| Equity Options | ₹75 per contract | ₹10 per executed order |
| Currency Futures | ₹20 per contract | ₹10 per executed order |
| Currency Options | ₹20 per contract | ₹10 per executed order |
| Commodity | 0.03% | ₹10 per executed order |
| Calculate Brokerage | Motilal Oswal Brokerage Calculator | My Value Trade Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times on Intraday | Upto 5X Intraday |
| Equity Futures | Upto 20 times on Intraday | Upto 2X Intraday |
| Equity Options | Upto 4 times | NA |
| Currency Futures | Upto 20 times on Intraday | Upto 2X Intraday |
| Currency Options | Upto 4 times | NA |
| Commodities | Upto 4 times | 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) | Motilal Mobile App, Tablet, Desktop, Smart Watch app, Web Platforms | MVT Trader, MVT Classic, MVT Mobile |
| Total BSE+NSE Complaints | 145 | 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 Motilal Oswal Vs My Value Trade for the benefits of other readers?
Please feel free to share in the comments below.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Motilal Oswal Vs My Value Trade
Overall Rating
