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MyValueTrade Vs AxisDirect (Compare MyValueTrade and AxisDirect)

The side-by-side comparison of MyValueTrade and AxisDirect. Compare MyValueTrade Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and MyValueTrade review.

Find out MyValueTrade Vs AxisDirect which is better and MyValueTrade Vs AxisDirect which is best.

Our Master Capital Services Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between MyValueTrade and AxisDirect.

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MyValueTrade Vs AxisDirect

  Master Capital Services Ltd Axis Securities
 
Master Capital Services Ltd Logo Axis Securities Logo
About the Broker 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 Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDir... Know more about Axis Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Per Order Executed Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Year of Incorporation 2006
Number of Branches 56
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MyValueTrade Vs AxisDirect Charges

  Master Capital Services Ltd Axis Securities
Trading Account Opening Fees ₹555 ₹900 (3 in 1 account)
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹400 ₹650 (free for 1st year)
Demat Account is Mandatory? No No
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MyValueTrade Vs AxisDirect Brokerage

Brokerage Plan 1

  Master Capital Services Ltd Axis Securities
Account Type Per Order Executed Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage ₹10 per executed order ₹20 per executed order
Equity Intraday Brokerage ₹10 per executed order ₹20 per executed order
Equity Futures Brokerage ₹10 per executed order ₹20 per executed order
Equity Options Brokerage ₹10 per executed order ₹20 per executed order
Currency Futures Trading Brokerage ₹10 per executed order NA
Currency Options Trading Brokerage ₹10 per executed order NA
Commodity Futures Trading Brokerage ₹10 per executed order NA
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Master Capital Services Ltd Axis Securities
Account Type Fixed Monthly Plan Fixed Brokerage Plan
Fixed Charges ₹1000
Equity Delivery Brokerage ₹0 0.50% (Each Leg)
Equity Intraday Brokerage ₹0 0.05% (Each Leg)
Equity Futures Brokerage ₹0 0.05% (Each Leg)
Equity Options Brokerage ₹0 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage ₹0 0.05% (Each Leg)
Currency Options Trading Brokerage ₹0 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage ₹0 0.03% (Each Leg)
Commodity Options Trading Brokerage ₹50 per lot

Other Charges

Minimum Brokerage Charges ₹10 or .01% whichever is lower ₹20 per trade
Other Brokerage Charges Call & Trade: ₹20 per executed order
Call & Trade Charges ₹20 per call
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MyValueTrade Vs AxisDirect Taxes

  Master Capital Services Ltd Axis Securities
Securities Transaction Tax (STT)
  • 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 Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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MyValueTrade Vs AxisDirect Transaction Charges

  Master Capital Services Ltd Axis Securities
Equity Delivery NSE ₹325 | BSE ₹325 0.00325% (₹325/Cr)
Equity Intraday NSE ₹325 | BSE ₹325 0.00325% (₹325/Cr)
Equity Futures NSE ₹300 | BSE ₹150 0.0019% (₹190/Cr)
Equity Options NSE ₹6000 | BSE ₹3500 0.05% (₹5000/crore)
Currency Futures NSE ₹120 | BSE ₹100 0.0019% (₹190/Cr)
Currency Options NSE ₹4200 | BSE ₹1000 0.05% (₹5000/crore)
Commodity MCX ₹250
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MyValueTrade Vs AxisDirect Exposure Margin

  Master Capital Services Ltd Axis Securities
Equity Delivery 100% (1x)
Equity Intraday Upto 10x
Equity Futures 100% (1x)
Equity Options 100% (1x)
Currency Futures 100% (1x)
Currency Options 100% (1x)
Commodity Futures 3x
Commodity Options 100% (1x)
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MyValueTrade and AxisDirect Feature Comparison

  Master Capital Services Ltd Axis Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform OMNESYS NEST DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Other Features
Referral Program Yes
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MyValueTrade Vs AxisDirect Review

  Master Capital Services Ltd Axis Securities
  9 Customer Reviews    Rate MyValueTrade 48 Customer Reviews    Rate AxisDirect
Fees Ratings 3.4 2.0
Trading Brokerage Rating 4.4 1.8
Trading Platform Usability 3.8 2.7
Customer Service Ratings 3.8 2.4
Overall Ratings Rated 3.8 stars Rated 2.2 stars
Broker Rating MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Master Capital Services Ltd Axis Securities
Contact / Request Call Back
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MyValueTrade Vs AxisDirect Investment Options

  Master Capital Services Ltd Axis Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds Loans, ETF, Corporate FD
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MyValueTrade Vs AxisDirect Customer Service

  Master Capital Services Ltd Axis Securities
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No Yes
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MyValueTrade Vs AxisDirect Order Type Offered

  Master Capital Services Ltd Axis Securities
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
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MyValueTrade Vs AxisDirect Research Report

  Master Capital Services Ltd Axis Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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MyValueTrade Vs AxisDirect Suitable For Investor Type

  Master Capital Services Ltd Axis Securities
Casual Investor Yes
Active Investor
Trader Yes
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MyValueTrade Vs AxisDirect - Advantages and Disadvantages

  Master Capital Services Ltd Axis Securities
Pros
  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...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons

More Disadvantages...

  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade

More Disadvantages...

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