My Value Trade Vs EZ Wealth – Indian Share Brokers Comparison
My Value Trade Vs EZ Wealth
Here is a point by point comparison of My Value Trade Vs EZ Wealth. 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.
EZ Wealth is a New Delhi based discount stock broker coming from the house of Wealth Discovery Securities Private limited. The broker offers low brokerage at 11 and in fact offers multiple brokerage plans depending on user’s preference. Furthermore, the broker also provides free research and tips to its clients.
Everything about discount brokers such as EZ Wealth or My Value Trade is internet based, be it – customer service, trading, account opening etc. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market, your long and short-term plans of investing or trading and so on.
To make things easy for you, we have listed out the comparison between My Value Trade Vs EZ Wealth 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.
Comparison
My Value Trade Review | EZ Wealth Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 1985 | 2017 |
Number of branches across India | 1 | 1 |
Exchanges | NSE,BSE,MCX and NCDEX | NSE, BSE, MCX, NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹1100 |
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 | |
BROKERAGE | ||
Equity Delivery | ₹10 per executed order | ₹11 per executed order |
Intraday Delivery | ₹10 per executed order | ₹11 per executed order |
Equity Futures | ₹10 per executed order | ₹11 per executed order |
Equity Options | ₹10 per executed order | ₹11 per executed order |
Currency Futures | ₹10 per executed order | ₹11 per executed order |
Currency Options | ₹10 per executed order | ₹11 per executed order |
Commodity | ₹10 per executed order | ₹11 per executed order |
Brokerage Calculator | My Value Trade Brokerage Calculator | EZ Wealth Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5X Intraday | 3 to 10 times for Intraday |
Equity Futures | Upto 2X Intraday | Upto 2.5 Times |
Equity Options | NA | NA |
Currency Futures | Upto 2X Intraday | Upto 2.5 Times |
Currency Options | NA | NA |
Commodities | Upto 2X Intraday | Upto 2.5 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 | EZ Desk, EZ WEb, EZ Mobi |
Total BSE+NSE Complaints | 25 | 41 |
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 My Value Trade Vs EZ Wealth for the benefits of other readers. Please feel free to share in the comments below.
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