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My Value Trade

VS

Trade Smart Online

Background Services
Type of Broker Discount Broker Discount Broker
Founded 1985 1994
Active Clients 39,790 21,652
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Bonds. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds.
Depository NSDL NSDL & CDSL
Advisory / Research tips
Advisory No No
Charges
Account Opening Charges
Trading Account Rs. 0 Rs. 200
Demat Account Rs. 0 Rs. 200
Commodity Account Rs. 0 Rs. 200
Annual Maintenance Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 400 from second year Rs. 300
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - 0.07% per order
Equity Intraday Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - 0.007% per order
Equity Futures Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - 0.007% per order
Currency Futures Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - 0.007% per order
Commodity Futures Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - 0.007% per order
Equity Options Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - Rs. 7 per order
Currency Options Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - Rs. 7 per order
Commodity Options Rs. 10 per order Power plan - Rs. 15 per order
OR
Value plan - Rs. 7 per order
Technology
Trading Platform MVT Trader. Nest Trader & Fox Trader.
Features
Shortcut Keys Yes Yes
Heat Map No Yes
Charting Yes Yes
Intraday Data (Days) 21+ Days 21+ Days
EOD Data (Days) 5475+ Days (15 Years) 5475+ Days (15 Years)
Leverages
Equity Delivery 4x on turnover No leverage
Intraday
Equity Spot 35x on turnover 10x on turnover
Equity Futures and Options 4x on ESM 3x on ESM
Currency Futures and Options 4x on ESM 3x on ESM
Commodity Futures and Options 40x on ESM 2x on ESM
Intraday with BO & CO
Equity Spot 10x on turnover 30x on turnover
Equity Futures and Options 3x on ESM 7x on ESM
Currency Futures and Options 5x on ESM 3x on ESM
Commodity Futures and Options 5x on ESM 6x on ESM
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager No No




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