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MyValueTrade Vs ProStocks Share Broker Comparison

The side-by-side comparison of Master Capital Services Ltd and ProStocks stock brokers in India. The comparison below highlights the similarities and differences between MyValueTrade and ProStocks'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 MyValueTrade and ProStocks.

  Master Capital Services Ltd ProStocks
 
Master Capital Services Ltd Logo ProStocks 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 ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited ... Know more about ProStocks
Type of Broker What is this parameter? Discount Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX BSE, NSE
Account Type What is this parameter? Per Order Executed Flat Fee 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 ProStocks. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Master Capital Services Ltd ProStocks
Trading Account Opening Fees What is this parameter? ₹555 ₹0
Trading Account AMC What is this parameter? Nil ₹0
Demat Account Opening Fees What is this parameter? Nil ₹0
Demat Account AMC What is this parameter? ₹400 ₹0
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Master Capital Services Ltd ProStocks
Account Type Per Order Executed Flat Fee Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? ₹10 per executed order ₹15
Equity Intraday Brokerage What is this parameter? ₹10 per executed order ₹15
Equity Futures Brokerage What is this parameter? ₹10 per executed order ₹15
Equity Options Brokerage What is this parameter? ₹10 per executed order ₹15
Currency Futures Trading Brokerage What is this parameter? ₹10 per executed order ₹15
Currency Options Trading Brokerage What is this parameter? ₹10 per executed order ₹15
Commodity Futures Trading Brokerage What is this parameter? ₹10 per executed order
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Master Capital Services Ltd ProStocks
Account Type Fixed Monthly Plan Monthly Unlimited Equity
Fixed Charges What is this parameter? ₹1000 ₹899
Equity Delivery Brokerage What is this parameter? ₹0 ₹0
Equity Intraday Brokerage What is this parameter? ₹0 ₹0
Equity Futures Brokerage What is this parameter? ₹0 ₹0
Equity Options Brokerage What is this parameter? ₹0 ₹0
Currency Futures Trading Brokerage What is this parameter? ₹0
Currency Options Trading Brokerage What is this parameter? ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹0
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 3

  Master Capital Services Ltd ProStocks
Account Type Per Order Executed Monthly Unlimited Currency
Fixed Charges What is this parameter? ₹499
Equity Delivery Brokerage What is this parameter? ₹10 per executed order
Equity Intraday Brokerage What is this parameter? ₹10 per executed order
Equity Futures Brokerage What is this parameter? ₹10 per executed order
Equity Options Brokerage What is this parameter? ₹10 per executed order
Currency Futures Trading Brokerage What is this parameter? ₹10 per executed order ₹0
Currency Options Trading Brokerage What is this parameter? ₹10 per executed order ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹10 per executed order
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹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?
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Taxes

  Master Capital Services Ltd ProStocks
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.
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Transaction Charges

  Master Capital Services Ltd ProStocks
Equity Delivery What is this parameter? NSE ₹325 | BSE ₹325 NSE: 0.00325% | BSE: 0.00275%
Equity Intraday What is this parameter? NSE ₹325 | BSE ₹325 NSE: 0.00325% | BSE: 0.00275%
Equity Futures What is this parameter? NSE ₹300 | BSE ₹150 NSE: 0.0019% | BSE: 0.0005%
Equity Options What is this parameter? NSE ₹6000 | BSE ₹3500 NSE: 0.050% | BSE: 0.0025%
Currency Futures What is this parameter? NSE ₹120 | BSE ₹100 NSE: 0.0011% | BSE: 0.0001%
Currency Options What is this parameter? NSE ₹4200 | BSE ₹1000 NSE: 0.040% | BSE: 0.0001%
Commodity What is this parameter? MCX ₹250
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Exposure

  Master Capital Services Ltd ProStocks
Equity Delivery What is this parameter? 1x (no margin)
Equity Intraday What is this parameter? 7x (Margin intraday sq off) | 10x (Cover Order)
Equity Futures What is this parameter? 1.5x
Equity Options What is this parameter? 1x (no margin)
Currency Futures What is this parameter? 1.5x
Currency Options What is this parameter? 1x (no margin)
Commodity What is this parameter? NA
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Share Broker Features

  Master Capital Services Ltd ProStocks
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
SMS Alerts What is this parameter? Yes No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No No
Margin Trading Funding Available What is this parameter? Yes No
Margin Against Shares (Equity Cash) What is this parameter?
Margin Against Shares (Equity F&O) What is this parameter?
Trading Platform What is this parameter? OMNESYS NEST ProStocks, NSE NOW
Intraday Square-off Time What is this parameter? Equity 3:15 PM | Curr: 4:45 PM
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  Master Capital Services Ltd ProStocks
  9 Customer Reviews    Rate MyValueTrade 24 Customer Reviews    Rate ProStocks
Fees Ratings 3.4 4.6
Trading Brokerage Rating 4.4 4.4
Trading Platform Usability 3.8 2.9
Customer Service Ratings 3.8 3.1
Overall Ratings Rated 3.8 stars Rated 3.3 stars
Broker Rating MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews ProStocks is Rated 3.3 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Master Capital Services Ltd ProStocks
Contact / Request Call Back
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Investment Options Available

  Master Capital Services Ltd ProStocks
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes No
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? Yes No
Debt What is this parameter? Yes No
Other Investment Options What is this parameter? Mutual Funds
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Customer Service Offered

  Master Capital Services Ltd ProStocks
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? Yes No
Through Branches What is this parameter? No No
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Order Type

  Master Capital Services Ltd ProStocks
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?
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Research / Tips / Reports Published

  Master Capital Services Ltd ProStocks
Daily Market Report What is this parameter? No No
Free Tips What is this parameter? No No
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
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Suitable for Investor Category

  Master Capital Services Ltd ProStocks
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes
Trader What is this parameter? Yes Yes

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Pros, Cons and Other Review Comments

  Master Capital Services Ltd ProStocks
Pros What is this parameter?
  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...

  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).

More Advantages...

Cons What is this parameter?

More Disadvantages...

More Disadvantages...

Reviews What is this parameter? Useful articles about ProStocks:
Promo / Offers What is this parameter?

ProStocks offer FREE Trading + Demat Account. You can trade unlimited in equity & equity f&o segment for ₹899/month or choose ₹15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer ₹0 Demat AMC with one time ₹1000 refundable deposit.

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

Enquire about MyValueTrade Enquire about ProStocks
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