IIFL Vs MyValueTrade compare brokerage charges | stock broker india | Lowest brokerage charges

IIFL

VS

My value Trade

Background Services
Type of Broker Full Service Discount Broker
Founded 1995 1985
Active Clients 2,14,149 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 CDSL NSDL
Advisory / Research tips
Advisory Yes No
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Free for 5 years, 6th year onwards 400 + GST Rs. 0
Demat Account Free for 5 years, 6th year onwards 400 + GST Rs. 400 from second year
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 0.50% on turnover Rs. 10 per order
Equity Intraday 0.05% on turnover Rs. 10 per order
Equity Futures 0.05% on turnover Rs. 10 per order
Currency Futures 0.05% on turnover Rs. 10 per order
Commodity Futures - Rs. 10 per order
Equity Options 1% on premium or Rs.100 per lot Rs. 10 per order
Currency Options - Rs. 10 per order
Commodity Options - Rs. 10 per order
Technology
Trading Platform IIFL Trader Terminal. 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 5x on turnover 4x on turnover
Intraday
Equity Spot 10 - 15x on turnover 35x on turnover
Equity Futures and Options 10 - 12x on ESM 4x on ESM
Currency Futures and Options 10 - 12x on ESM 4x on ESM
Commodity Futures and Options 10 - 12x on ESM 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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