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My Value Trade Vs Finvasia – Share Brokers Comparison
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My Value Trade Vs Finvasia
Here is a point by point comparison of My Value Trade Vs Finvasia. Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading. The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency.
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.
Everything about discount brokers such as Finvasia and My Value Trade is internet based, 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.
To make things easy for you, we have listed out the comparison between My Value Trade Vs Finvasia 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 | Finvasia Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1985 | 2013 |
| Number of branches across India | 1 | 1 |
| Exchanges | NSE,BSE,MCX and NCDEX | NSE, BSE, MCX |
| 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 | Finvasia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹10 per executed order | ₹149 per month per segment |
| Intraday Delivery | ₹10 per executed order | ₹149 per month per segment |
| Equity Futures | ₹10 per executed order | ₹149 per month per segment |
| Equity Options | ₹10 per executed order | ₹149 per month per segment |
| Currency Futures | ₹10 per executed order | ₹149 per month per segment |
| Currency Options | ₹10 per executed order | ₹149 per month per segment |
| Commodity | ₹10 per executed order | ₹149 per month per segment |
| Brokerage Calculator | My Value Trade Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5X Intraday | Upto 10 times for Intraday |
| Equity Futures | Upto 2X Intraday | Upto 2 times |
| Equity Options | NA | NA |
| Currency Futures | Upto 2X Intraday | NA |
| Currency Options | NA | NA |
| Commodities | Upto 2X Intraday | Upto 2 times |
| 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 | NOW, Nest, AMI Broker, Presto, Blitz |
| Total BSE+NSE Complaints | 25 | 4 |
| 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 My Value Trade Vs Finvasia for the benefits of other readers. Please feel free to share in the comments below.
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Date
Broker Name
My Value Trade Vs Finvasia
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