Chittorgarh.com
Free Trading + Demat Account

MyValueTrade Vs Progressive Demat Account Comparison

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

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

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

MyValueTrade Vs Progressive

  Master Capital Services Ltd Progressive 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.

DP ID 12022900 12033900
Contact Info

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

122-123-124 Laxmi Plaza Laxmi Industrial Estate New Link Road, Andheri West Mumbai Maharashtra India-400053

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 Progressive Demat Account Opening Charges

  Master Capital Services Ltd Progressive 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 250 Annually

2. Rs 1000 Non-Refundable one time charges.

3. Rs 2000 Refundable Deposit Lock in period 1 year.

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 Progressive Demat Charges

  Master Capital Services Ltd Progressive 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 10 per certificates plus Rs 50 for postage.

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 .15 Per Certificate or Rs 15 for every 100 securities or 0.03% of securities value whichever is higher

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.

0.03% subject to Minimum Rs 15 per ISIN (for non poa client ) & (for poa client other than progressive pay-in) BSDA client 0.03% subject to minimum Rs 50 per isin Flat Rs 10 per ISIN ( Only Poa client for pay-in with in progressive)

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

Rs 25 per Instruction or 0.3% whichever is higher

Pledge Creation Confirmation Charges

Nil

Rs 25 per Instruction or 0.3% whichever is higher

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

Rs 25 per Instruction or 0.3% whichever is higher

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.

BSDA Client Account Maintenance Holding value 200000= Rs 250

Contact DP / Request A Call Back

  Master Capital Services Ltd Progressive Share Brokers Private Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd Progressive Share Brokers Private Limited
Find more info about broker
Enquire about MyValueTrade Enquire about Progressive
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.



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App