Free Trading + Demat Account

MyValueTrade Brokerage Charges, Fees, AMC, Transaction Charges 2019

-6.49% 39,002 Clients

MyValueTrade (MVT) is a discount brokerage company part of the Master Capital Services Ltd. Incorporated in 1985; Master Capital Services Ltd (part of Master Trust Group) is a leading financial services company in India with over 1.5 lakh clients. Company does business under the brand name 'mastertrust'. Master Trust Group entered in to discount... Know more about Master Capital Services Ltd

MyValueTrade offers stock trading account and demat account services. Customer pays the fees, commission and taxes while trading with MyValueTrade. MyValueTrade fee structure and trading commission rates are explained as below.

MyValueTrade Account Opening Charges

To open MyValueTrade account you have to pay account opening charges and annual maintenance charges (AMC).

MyValueTrade account opening charge & MyValueTrade AMC 2019
Trading Account Opening Charges (One Time)₹555
Trading Annual Maintenance Charges AMC (Yearly Fee)Nil
Demat Account Opening Charges (One Time)Nil
Demat Account Annual Maintenance Charges AMC (Yearly Fee)₹400

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MyValueTrade Brokerage Charges 2019

Customer pays commission (brokerage) when buying or selling stocks through MyValueTrade. The brokerage charges for equity, commodities and currency derivative trading for MyValueTrade are explain as below.

MyValueTrade Brokerage Plan - Per Order Executed
SegmentBrokerage Fee
Monthly Fee (Fixed)
Equity Delivery₹10 per executed order
Equity Intraday₹10 per executed order
Equity Futures₹10 per executed order
Equity Options₹10 per executed order
Currency Futures₹10 per executed order
Currency Options₹10 per executed order
Commodity Futures₹10 per executed order
Commodity Options
MyValueTrade Brokerage Plan - Fixed Monthly Plan
SegmentBrokerage Fee
Monthly Fee (Fixed)₹1000
Equity Delivery₹0
Equity Intraday₹0
Equity Futures₹0
Equity Options₹0
Currency Futures₹0
Currency Options₹0
Commodity Futures₹0
Commodity Options

MyValueTrade Demat Account Charges 2019

The demat account transactions are charged separately from trading commission. Find MyValueTrade demat account charges 2019.

MyValueTrade Depository Service Charges for Resident Retail Customers
1 Account Opening Charges Nil
2 Annual Maintenance Charges (AMC) NIL (First year only) / Rs 400/- p.a.
3 Dematerialization Charges Rs 20/- per DRF plus Rs 3/- per certificate
4 Rematerialisation Charges Rs 25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual
5 Custody Charges Nil
6 Transaction Charges (per Debit Transaction) Rs 15/- within DP / Rs 25/- Outside DP
7 Pledge Charges (per Transaction) Creation Invocation / Closure 0.02% of the value of transaction, subject to a minimum of Rs 50 + Depository charges at actual
8 Speed-e & Ideas Subscribers (Password User) Rs 100/- p.a.
9 Additional Instruction Booklet Rs 50/-Containing 5 Leaves
10 Failed Instruction Intimation Rs 50/- per intimation instruction
11 Additional Statement of Holding/Transaction Rs 50/- + Rs 30/- courier
12 Non periodic statement Rs 20/-

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MyValueTrade Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

MyValueTrade transaction charges
SegmentTransaction Fee
Equity DeliveryNSE ₹325 | BSE ₹325
Equity IntradayNSE ₹325 | BSE ₹325
Equity FuturesNSE ₹300 | BSE ₹150
Equity OptionsNSE ₹6000 | BSE ₹3500
Currency FuturesNSE ₹120 | BSE ₹100
Currency OptionsNSE ₹4200 | BSE ₹1000
CommodityMCX ₹250

MyValueTrade Ratings

MyValueTrade Review Ratings (based on 9 votes by the customers)
Overall RatingFeesBrokerageUsabilityCustomer Service
Rated 3.8 stars 3.8/5Rated 3.4 stars 3.4/5Rated 4.4 stars 4.4/5Rated 3.8 stars 3.8/5Rated 3.8 stars 3.8/5

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Information on this page was last updated on Sunday, November 11, 2018


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