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MyValueTrade Vs A. C. Choksi Demat Account Comparison

The side-by-side comparison of MyValueTrade and A. C. Choksi Demat Account. Compare MyValueTrade Vs A. C. Choksi Demat account charges, AMC and Fees. Read A. C. Choksi and MyValueTrade demat account review.

Find out MyValueTrade Vs A. C. Choksi which is better demat account and MyValueTrade Vs A. C. Choksi which is best demat account.

Our Master Capital Services Ltd demat account comparison with A. C. Choksi Share Brokers Private Limited highlights the major differences between two brokers. Find the best demat between MyValueTrade and A. C. Choksi.

MyValueTrade Vs A. C. Choksi

  Master Capital Services Ltd A. C. Choksi Share Brokers Private Limited
Master Capital Services Ltd Logo
About the Broker

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.

A. C. Choksi Share Brokers Pvt. Ltd.ITTS House,2nd floor, 33, Shree Saibaba Marg, Kalaghoda, Mumbai 400 023 Tele : 61595100,5171/72/73 Fax : 61595199 We are in the Capital Market since 1984 and are member of BSE & NSE and also DP on CDSL

DP ID 12022900 12028400
Contact Info

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

I.T.T.S House, 2Nd Floor 33, Shree Saibaba Marg Kalaghoda Mumbai Maharashtra India-400023

Services Offered

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

We provide services to clients related to Broking Activities on BSE & NSE and also DP services to Clients through CDSL.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

MyValueTrade Vs A. C. Choksi Demat Account Opening Charges

  Master Capital Services Ltd A. C. Choksi Share Brokers Private Limited
Demat Account Opening Fee

Nil

NIL

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

1.Rs 300 for In

D.& HUF (Category1)

2.Rs 350 for In

D.& HUF (Category

2.

3.Rs 500 for In

D.& HUF (Category

3.

4. Rs 400 for In

D. & HUF (Category4 for new a/c) 5. Rs 1500 for Corporate. 5. Rs Nil for holding below Rs 50,000 and Rs 100 for holdings between Rs 50001 to Rs 200000 for any day during year For BSDA

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

Rs. 5000/- Refundable (For Clients under no AMC

MyValueTrade Vs A. C. Choksi Demat Charges

  Master Capital Services Ltd A. C. Choksi Share Brokers Private Limited
Dematerialisation Charges
  • 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.

Rs 100 upto 10 Certificates and thereafter Rs 10 per Certificate. (For all schemes)

Rematerialisation 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.

Rs 100 per Certificate upto a Certificate of 100 Shares and thereafter Rs 50 per Certificate of 100 Shares

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • 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.

1.Rs 16 or 0.02 % whichever is higher(Category 1-

4.

2.Rs 18 or 0.02 % whichever is higher(Category 1-

4.

3.Rs 11 or 0.03 % whichever is higher for Corporate BO.

4. Rs 50 for BSDA A/c (For both ). 5. Off market Transaction - Rs 25 or 0.04 % whichever is higher

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

Rs 100 per Request for all schemes

Pledge Creation Confirmation Charges

Nil

Nil

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

Rs 100 per Request for all schemes

Failed Instruction Charges

Rs 20 per instruction

NIL

Other Charges
  • 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.

1. Service Tax + CESS as applicable.

2. Rs 510 towards POA Franking Charges for new a/c(OR Actual)

Contact DP / Request A Call Back

  Master Capital Services Ltd A. C. Choksi Share Brokers Private Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd A. C. Choksi Share Brokers Private Limited
Find more info about broker
Enquire about MyValueTrade Enquire about A. C. Choksi
Compare More Demat Accounts

Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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