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Samco Vs My Value Trade
| | Broker Comparison, Trading | No Comments
Samco 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.
Samco Vs My Value Trade Comparison
Here is a detailed layout of Samco Vs My Value Trade point by point. Samco is a discount broker that was incorporated recently in 2015 and charges a flat fee per transaction from its customers.
My Value Trade, on the other hand, 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 reasonably low per transaction charges.
Everything about discount brokers such as My Value Trade and Samco is Online, be it – customer service, trading, account opening and so on. Both the brokers being Discount oriented, selecting one of them can be tough and confusing.
At the same time, 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 Samco and 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
Samco 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.
 |  | |
| Samco Review | My Value Trade Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2015 | 1985 |
| Number of branches across India | 1 | 1 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE,BSE,MCX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹800-₹1400 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹400 |
| Demat Account Opening Charges | ₹0 | ₹555 |
| Demat Account Annual Maintenance Charges | ₹400 | ₹0 |
| Transaction Charges | Samco Transaction Charges | My Value Trade Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 or 0.2% per executed trade whichever is lower | ₹10 per executed order |
| Intraday Delivery | ₹20 or 0.02% per executed trade whichever is lower | ₹10 per executed order |
| Equity Futures | ₹20 or 0.02% per executed trade whichever is lower | ₹10 per executed order |
| Equity Options | ₹20 per executed trade | ₹10 per executed order |
| Currency Futures | ₹20 or 0.02% per executed trade whichever is lower | ₹10 per executed order |
| Currency Options | ₹20 per executed trade | ₹10 per executed order |
| Commodity | ₹20 or 0.02% per executed trade whichever is lower | ₹10 per executed order |
| Calculate Brokerage | Samco Brokerage Calculator | My Value Trade Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times | Upto 5X Intraday |
| Equity Futures | Upto 4 times | Upto 2X Intraday |
| Equity Options | Upto 4 times | NA |
| Currency Futures | Upto 4 times | Upto 2X Intraday |
| Currency Options | Upto 4 times | 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) | Trader, Web5, Mobile App | MVT Trader, MVT Classic, MVT Mobile |
| Total BSE+NSE Complaints | 40 | 25 |
| OVERALL RATING |  |  |
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Summary
Reviewer
A Digital Blogger
Date
Broker Name
Samco Vs My Value Trade
Overall Rating
