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MyValueTrade Vs Karvy (Compare MyValueTrade and Karvy)

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

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

Our Master Capital Services Ltd comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between MyValueTrade and Karvy.

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MyValueTrade Vs Karvy

  Master Capital Services Ltd Karvy Stock Broking Ltd
 
Master Capital Services Ltd Logo Karvy Stock Broking Ltd 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 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Per Order Executed Retail Brokerage Plan
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 Karvy. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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MyValueTrade Vs Karvy Charges

  Master Capital Services Ltd Karvy Stock Broking Ltd
Trading Account Opening Fees ₹555 ₹420
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹400 ₹420
Demat Account is Mandatory? No No
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MyValueTrade Vs Karvy Brokerage

Brokerage Plan 1

  Master Capital Services Ltd Karvy Stock Broking Ltd
Account Type Per Order Executed Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹10 per executed order 0.3%
Equity Intraday Brokerage ₹10 per executed order 0.03%
Equity Futures Brokerage ₹10 per executed order 0.03%
Equity Options Brokerage ₹10 per executed order ₹30 per lot
Currency Futures Trading Brokerage ₹10 per executed order 0.03%
Currency Options Trading Brokerage ₹10 per executed order ₹30 per lot
Commodity Futures Trading Brokerage ₹10 per executed order 0.03%
Commodity Options Trading Brokerage

Brokerage Plan 2

  Master Capital Services Ltd Karvy Stock Broking Ltd
Account Type Fixed Monthly Plan Premium Subscription Plan
Fixed Charges ₹1000 Rs 100000 per year
Equity Delivery Brokerage ₹0 0.1%
Equity Intraday Brokerage ₹0 0.01%
Equity Futures Brokerage ₹0 0.01%
Equity Options Brokerage ₹0 ₹10 per lot
Currency Futures Trading Brokerage ₹0 0.01%
Currency Options Trading Brokerage ₹0 ₹10 per lot
Commodity Futures Trading Brokerage ₹0 0.01%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹10 or .01% whichever is lower Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges Call & Trade: ₹20 per executed order
Call & Trade Charges
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MyValueTrade Vs Karvy Taxes

  Master Capital Services Ltd Karvy Stock Broking Ltd
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 Karvy Transaction Charges

  Master Capital Services Ltd Karvy Stock Broking Ltd
Equity Delivery NSE ₹325 | BSE ₹325 ₹325
Equity Intraday NSE ₹325 | BSE ₹325 ₹325
Equity Futures NSE ₹300 | BSE ₹150 ₹230
Equity Options NSE ₹6000 | BSE ₹3500 ₹5500
Currency Futures NSE ₹120 | BSE ₹100 ₹325
Currency Options NSE ₹4200 | BSE ₹1000
Commodity MCX ₹250 ₹300
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MyValueTrade Vs Karvy Exposure Margin

  Master Capital Services Ltd Karvy Stock Broking Ltd
Equity Delivery Upto 5x with 24% interest per year
Equity Intraday Upto 20x
Equity Futures Upto 4x
Equity Options Upto 4x for shorting
Currency Futures Nil
Currency Options Nil
Commodity Futures Upto 4x
Commodity Options
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MyValueTrade and Karvy Feature Comparison

  Master Capital Services Ltd Karvy Stock Broking Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform OMNESYS NEST NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15
Other Features Ask the expert, The Finapolis
Referral Program
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MyValueTrade Vs Karvy Review

  Master Capital Services Ltd Karvy Stock Broking Ltd
  9 Customer Reviews    Rate MyValueTrade 21 Customer Reviews    Rate Karvy
Fees Ratings 3.4 2.7
Trading Brokerage Rating 4.4 2.4
Trading Platform Usability 3.8 2.8
Customer Service Ratings 3.8 2.4
Overall Ratings Rated 3.8 stars Rated 2.1 stars
Broker Rating MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Master Capital Services Ltd Karvy Stock Broking Ltd
Contact / Request Call Back
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MyValueTrade Vs Karvy Investment Options

  Master Capital Services Ltd Karvy Stock Broking Ltd
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
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MyValueTrade Vs Karvy Customer Service

  Master Capital Services Ltd Karvy Stock Broking Ltd
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches No Yes
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MyValueTrade Vs Karvy Order Type Offered

  Master Capital Services Ltd Karvy Stock Broking Ltd
Bracket Order No
Cover Order No
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No
Good Till Cancelled (GTC)
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MyValueTrade Vs Karvy Research Report

  Master Capital Services Ltd Karvy Stock Broking Ltd
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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MyValueTrade Vs Karvy Suitable For Investor Type

  Master Capital Services Ltd Karvy Stock Broking Ltd
Casual Investor Yes
Active Investor
Trader Yes
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MyValueTrade Vs Karvy - Advantages and Disadvantages

  Master Capital Services Ltd Karvy Stock Broking Ltd
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. Offers investment in IPO and Mutual funds
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons

More Disadvantages...

  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

More Disadvantages...

Reviews
Promo / Offers
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