Master Trust Vs Finvasia Demat Account Comparison

MyValueTrade (MVT) is a flat fee online stock trading company of Master Capital Services Ltd. My Value Trade offers online flat fee brokerage and unlimited monthly trading plans to retail traders. Trading is offered in Equity, Commodity and Currency Derivatives segment at BSE, NSE and MCX. Master Capital Services is depository participants with the NSDL & CDSL for trading and settlement of dematerialized shares.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

1012, Arunachal Building, 10th Floor,
19 Barakhamba Road, New Delhi
Delhi India 110001

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Equity Trading, Commodity Trading, Currency Derivatives Trading, DP Services, Mutual Funds

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

Nil

₹0 (+ stamp charge of ₹199)

• Scheme A: Nil
• Scheme B: Rs 300 per annum
• Scheme LF: Nil
• Scheme BSDA: Nil
• Scheme 800: Rs 800 per annum

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

• Rs 2500 for Scheme A
• Rs 555 for Scheme LF (For Individuals ony) for Lime time AMC Free
• Rs 800 for scheme 800

₹0

• Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
• Rs 50 per request + Rs 10 per certificate for Scheme BSDA.

₹15 + ₹99 Courier charges

• Rs 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
• Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.

₹15 + ₹99 Courier charges

• Rs 12 in Scheme A
• Rs 16 in Scheme B
• Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
• Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
• Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.

₹9 (including CDSL Fee)

• Rs 50 in Scheme B, LF and Scheme 800.
• Rs 40 in Scheme A Rs 100 in Scheme BSDA.

₹25 + NSDL Charges

Nil

• Rs 20 in Scheme A
• Rs 25 in Scheme B, LF and Scheme 800.
• Rs 50 in Scheme BSDA

₹25 + NSDL Charges

Rs 20 per instruction

₹49 per transaction

• Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
• Non periodic statement and other communication charged: Rs 20 per mail
• Additional Statement of Holding/Transaction: Rs 2 per page + postage
• In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
• Any modification in client master will be charged @ Rs 20 per modification.

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days