Chittorgarh.com
Free Trading + Demat Account

ICICIDirect Vs MyValueTrade Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and Master Capital Services Ltd stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and MyValueTrade's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and MyValueTrade.

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
 
ICICI Securities Pvt Ltd. Logo Master Capital Services Ltd Logo
About the Broker ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group... Know more about ICICI Securities Pvt Ltd. MyValueTrade (MVT) is a discount brokerage company part of the Master Capital Services Ltd. Incorporated in 1985; Master Capital Services Ltd (part of Master Trust Group) is a leading financial services company in India with over 1.5 lakh clients. Co... Know more about Master Capital Services Ltd
Type of Broker What is this parameter? Full Service Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE BSE, NSE, MCX
Account Type What is this parameter? 3-in-1 Account (I-Secure Plan) Per Order Executed
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you.
Expand

Stock Broker Fees / Charges

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Trading Account Opening Fees What is this parameter? Rs 975 ₹555
Trading Account AMC What is this parameter? NIL Nil
Demat Account Opening Fees What is this parameter? NIL Nil
Demat Account AMC What is this parameter? Rs 600 ₹400
Demat Account is Mandatory? What is this parameter? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Account Type 3-in-1 Account (I-Secure Plan) Per Order Executed
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.55% ₹10 per executed order
Equity Intraday Brokerage What is this parameter? 0.275% ₹10 per executed order
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% ₹10 per executed order
Equity Options Brokerage What is this parameter? Rs 95 to Rs 35 per lot ₹10 per executed order
Currency Futures Trading Brokerage What is this parameter? 0.050% to 0.030% ₹10 per executed order
Currency Options Trading Brokerage What is this parameter? Rs 25 to Rs 10 per lot ₹10 per executed order
Commodity Futures Trading Brokerage What is this parameter? NA ₹10 per executed order
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Account Type I-Saver Plan Fixed Monthly Plan
Fixed Charges What is this parameter? ₹1000
Equity Delivery Brokerage What is this parameter? 0.75% to 0.25% ₹0
Equity Intraday Brokerage What is this parameter? 0.75% to 0.25% ₹0
Equity Futures Brokerage What is this parameter? 0.05% to 0.03% ₹0
Equity Options Brokerage What is this parameter? Rs 95 to Rs 65 per lot ₹0
Currency Futures Trading Brokerage What is this parameter? 0.05% to 0.03% ₹0
Currency Options Trading Brokerage What is this parameter? Rs 95 to Rs 65 per lot ₹0
Commodity Futures Trading Brokerage What is this parameter? NA ₹0
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? Rs 35 per trade ₹10 or .01% whichever is lower
Other Brokerage Charges What is this parameter? Call & Trade: ₹20 per executed order
Call & Trade Charges What is this parameter?
Expand

Taxes

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Transaction Charges

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Equity Delivery What is this parameter? NSE: 0.0031% | BSE: 0.0028% NSE ₹325 | BSE ₹325
Equity Intraday What is this parameter? NSE: 0.0031% | BSE: 0.0028% NSE ₹325 | BSE ₹325
Equity Futures What is this parameter? 0.0018% NSE ₹300 | BSE ₹150
Equity Options What is this parameter? 0.05% on Premium NSE ₹6000 | BSE ₹3500
Currency Futures What is this parameter? 0.0012% NSE ₹120 | BSE ₹100
Currency Options What is this parameter? 0.05% on Premium NSE ₹4200 | BSE ₹1000
Commodity What is this parameter? NA MCX ₹250
Expand

Exposure

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Equity Delivery What is this parameter?
Equity Intraday What is this parameter?
Equity Futures What is this parameter?
Equity Options What is this parameter?
Currency Futures What is this parameter?
Currency Options What is this parameter?
Commodity What is this parameter?
Expand

Share Broker Features

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
3 in 1 Account What is this parameter? Yes No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
SMS Alerts What is this parameter? No Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes No
Margin Trading Funding Available What is this parameter? No Yes
Trading Platform What is this parameter? Trade Racer OMNESYS NEST
Intraday Square-off Time What is this parameter?
Other Features What is this parameter?
Expand

Broker Ratings (Average User Rating)

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
  389 Customer Reviews    Rate ICICIDirect 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 2.3 3.4
Trading Brokerage Rating 1.7 4.4
Trading Platform Usability 3.4 3.8
Customer Service Ratings 2.8 3.8
Overall Ratings Rated 2.5 stars Rated 3.8 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 389 customer reviews MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews
Expand

Contact Broker / Request A Call Back

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Contact / Request Call Back
Expand

Investment Options Available

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? No Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes Yes
Debt What is this parameter? Yes Yes
Other Investment Options What is this parameter? Mutual Funds
Expand

Customer Service Offered

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No Yes
Through Branches What is this parameter? Yes No
Expand

Order Type

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
Expand

Research / Tips / Reports Published

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Daily Market Report What is this parameter? Yes No
Free Tips What is this parameter? Yes No
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
Expand

Suitable for Investor Category

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Casual Investor What is this parameter? Yes
Active Investor What is this parameter?
Trader What is this parameter? Yes

Expand

Pros, Cons and Other Review Comments

  ICICI Securities Pvt Ltd. Master Capital Services Ltd
Pros What is this parameter?
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  1. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  2. Funds transfer facility with 45 major banks available.
  3. MyValueTrade gives Intraday up to 33 times exposure
  4. No minimum brokerage.
  5. No need to login in different platforms for different segment.
  6. No more need to transfer deposits in one exchange to another for trading.
  7. Trade across all segments using Flexi-Balance feature wherein the balance across different segments viz. Equity, commodity, derivatives and currency can be used as one single balance.

More Advantages...

Cons What is this parameter?
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra Rs 25 per call after first 20 free calls in a month.

More Disadvantages...

More Disadvantages...

Reviews What is this parameter?
Promo / Offers What is this parameter?
Enquire about ICICIDirect Enquire about MyValueTrade
Compare More Brokers
special_offers
By Popular Stock Brokers
Zerodha Review   Zerodha
    The Discount Stock Broker

Free Equity Delivery Trades
Flat Rs 20 Per Trade in F&O

Enquire Now

2nd largest stockbroker by the no. of clients.

5paisa Review  5paisa
    Fast Growing Discount Stock Broker

Trading at Flat Rs 10 Per Trade

Instant - Online Account Opening

GET FREE Demat Account

ProStocks Reivew
    ProStocks
    Flat Fee Discount Broker

Flat Rs 15 per Trade
Lowest Transaction Charge
Lowest Stamp Duty

FREE Trading + Demat Acct

Angel Broking Review   Angel Broking
    Leading Retail Broker in India

Rs 0 account opening fee +
20% off on online trading

Request Instant Call Back

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back




Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App