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MyValueTrade Vs Phillipcapital Demat Account Comparison

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

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

Our Master Capital Services Ltd demat account comparison with Phillipcapital (India) Private Limited highlights the major differences between two brokers. Find the best demat between MyValueTrade and Phillipcapital.

MyValueTrade Vs Phillipcapital

  Master Capital Services Ltd Phillipcapital (India) 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.

PhillipCapital (India) Private Limited is one of the world's leading Brokerage & Depository Participant services provider.

DP ID 12022900 12037900
Contact Info

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

No 1, 18Th Floor, Urmi Estate 95 Ganpatrao Kadam Marg Lower Parel (W) Mumbai Maharashtra India-400013

Services Offered

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

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

MyValueTrade Vs Phillipcapital Demat Account Opening Charges

  Master Capital Services Ltd Phillipcapital (India) 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

Rs 400 Per Annum

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 Phillipcapital Demat Charges

  Master Capital Services Ltd Phillipcapital (India) 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 50 per certificate + Rs 150 postage charges

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 10 per certficate + CDSL Charges + Rs 150 postage charges

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.

0.02% of transaction value or Minimum Rs 12 + CDSL Charges for market sale and 0.04% of transaction value or Minimum Rs 20 + CDSL Charges for off- market/ Inter- Depository sale.

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

0.01% of transaction value or Minimum Rs 50 per request + CDSL Charges

Pledge Creation Confirmation Charges

Nil

Rs 25

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

Rs 25

Failed Instruction Charges

Rs 20 per instruction

Rs 15 will be charged on all failed and rejected transactions including pledge instructions.

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.

Cheque bouncing charge of Rs 561 per instance shall be levied + Service Tax as applicable. Transaction statement charges (applicable for clients opting for physical statement) - Rs 35

Contact DP / Request A Call Back

  Master Capital Services Ltd Phillipcapital (India) Private Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd Phillipcapital (India) Private Limited
Find more info about broker
Enquire about MyValueTrade Enquire about Phillipcapital
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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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