Trade Smart Online Vs MyValueTrade compare brokerage charges | Low Brokerage Trading Account | Dicover Broker

Trade Smart Online

VS

My Value Trade

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