MyValueTrade Vs TradePlusOnline Which one is better? Side-by-side Brokerage comparison and charges | Largest stock brokerage firms in India

Tradeplus

VS

My Value Trade

Background Services
Type of Broker Discount Broker Discount Broker
Founded 1995 1985
Active Clients 9,030 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. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Rs. 0 Rs. 0
Demat Account Rs. 200 per year
OR
Rs. 500 for 5 years
OR
Rs. 900 for 10 years
Rs. 400 from second year
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery Rs. 0 Rs. 10 per order
Equity Intraday Rs. 9 or 0.01% on turnover (whichever is lower) per order Rs. 10 per order
Equity Futures Rs.9 per order
OR
Rs. 799 per month
Rs. 10 per order
Currency Futures Rs.9 per order
OR
Rs. 799 per month
Rs. 10 per order
Commodity Futures Rs.9 per order
OR
Rs. 799 per month
Rs. 10 per order
Equity Options Rs.9 per order
OR
Rs. 99 per month
Rs. 10 per order
Currency Options Rs.9 per order
OR
Rs. 99 per month
Rs. 10 per order
Commodity Options Rs.9 per order
OR
Rs. 99 per month
Rs. 10 per order
Technology
Trading Platform Infini Power. MVT Trader.
Features
Shortcut Keys Yes Yes
Heat Map No No
Charting Yes Yes
Intraday Data (Days) 10+ Days 21+ Days
EOD Data (Days) 2555+ Days (7 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 2x on ESM 4x on ESM
Currency Futures and Options 2x on ESM 4x on ESM
Commodity Futures and Options 2x on ESM 40x on ESM
Intraday with BO & CO
Equity Spot 30x-40x on turnover 10x on turnover
Equity Futures and Options 3% of contract value 3x on ESM
Currency Futures and Options NIL 5x on ESM
Commodity Futures and Options 20% SPAN or SPAN/5 for commodity futures 5x on ESM
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts No 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