Axis Direct Vs MyValueTrade compare brokerage charges | stock broker india | Best demat account

Axis Direct

VS

My Value Trade

Background Services
Type of Broker Full Service Discount Broker
Founded 2011 1985
Active Clients 4,19,455 39,790
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. Equity Spot, Futures & Options in Equity, Currency and Commodity, Bonds.
Depository NSDL & CDSL NSDL
Advisory / Research tips
Advisory Yes No
Charges
Account Opening Charges
Trading Account Rs. 999 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Rs. 499 Rs. 0
Demat Account Rs. 0 Rs. 400 from second year
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery Rs. 20 per order Rs. 10 per order
Equity Intraday Rs. 20 per order Rs. 10 per order
Equity Futures Rs. 20 per order Rs. 10 per order
Currency Futures Rs. 20 per order Rs. 10 per order
Commodity Futures Rs. 20 per order Rs. 10 per order
Equity Options Rs. 20 per order Rs. 10 per order
Currency Options Rs. 20 per order Rs. 10 per order
Commodity Options Rs. 20 per order Rs. 10 per order
Technology
Trading Platform Swift Trade 3.0. MVT Trader.
Features
Shortcut Keys Yes Yes
Heat Map Yes No
Charting Yes Yes
Intraday Data (Days) - 21+ Days
EOD Data (Days) - 5475+ Days (15 Years)
Leverages
Equity Delivery No leverage 4x on turnover
Intraday
Equity Spot 20x on turnover 35x on turnover
Equity Futures and Options No leverage 4x on ESM
Currency Futures and Options No leverage 4x on ESM
Commodity Futures and Options No leverage 40x on ESM
Intraday with BO & CO
Equity Spot No leverage 10x on turnover
Equity Futures and Options No leverage 3x on ESM
Currency Futures and Options No leverage 5x on ESM
Commodity Futures and Options No leverage 5x on ESM
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager Yes No




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  • First 25 Trades Free!
  • 100% Free Demat Account!
  • 90% Brokerage Saving
  • 10-40 Times Extra Margin