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MyValueTrade Vs JM Financial Demat Account Comparison

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

Find out MyValueTrade Vs JM Financial which is better demat account and MyValueTrade Vs JM Financial which is best demat account.

Our Master Capital Services Ltd demat account comparison with JM Financial Services Limited highlights the major differences between two brokers. Find the best demat between MyValueTrade and JM Financial.

MyValueTrade Vs JM Financial

  Master Capital Services Ltd JM Financial Services 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.

DP ID 12022900 12033300
Contact Info

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

2Nd Flr,Suashish It Pk,Bldg B Cts No 68/E,Plot No 134(1)Part Dattapada Road, Borivali (E) Mumbai Maharashtra India-400066

Services Offered

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

Broking Depository IPO Mutual Funds

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

MyValueTrade Vs JM Financial Demat Account Opening Charges

  Master Capital Services Ltd JM Financial Services 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

Rs 2315 pa (max)

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

Nil

MyValueTrade Vs JM Financial Demat Charges

  Master Capital Services Ltd JM Financial Services 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 35 per Request plus Rs 3 per certificate subject to a minimum of Rs 50 per request

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 20 per 100 shares or part thereof subject to a minimum of Rs 50 per request

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.

0.06% of market value of Transaction subject to a minimum of Rs 50 per Transaction

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

0.02% of market value of transaction subject to minimum Rs 50 per transaction

Pledge Creation Confirmation Charges

Nil

0.02% of market value of transaction subject to minimum Rs 50 per transaction

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

0.02% of market value of transaction subject to minimum Rs 50 per transaction

Failed Instruction Charges

Rs 20 per instruction

Rs 10 per failed instruction

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.

Late charges Rs 10 per Transaction, Rs 1999 - Fixed On Market Transaction Charges

Contact DP / Request A Call Back

  Master Capital Services Ltd JM Financial Services Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd JM Financial Services Limited
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Enquire about MyValueTrade Enquire about JM Financial
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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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