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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 Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE
Account Type 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 ₹555 ₹0
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹400 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? 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
Equity Delivery Brokerage ₹10 per executed order ₹15
Equity Intraday Brokerage ₹10 per executed order ₹15
Equity Futures Brokerage ₹10 per executed order ₹15
Equity Options Brokerage ₹10 per executed order ₹15
Currency Futures Trading Brokerage ₹10 per executed order ₹15
Currency Options Trading Brokerage ₹10 per executed order ₹15
Commodity Futures Trading Brokerage ₹10 per executed order
Commodity Options Trading Brokerage

Brokerage Plan 2

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

Brokerage Plan 3

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

Other Charges

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

  Master Capital Services Ltd ProStocks
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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Transaction Charges

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

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

  Master Capital Services Ltd ProStocks
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform OMNESYS NEST ProStocks, NSE NOW
Intraday Square-off Time Equity 3:15 PM | Curr: 4:45 PM
Other Features
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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 Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds
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Customer Service Offered

  Master Capital Services Ltd ProStocks
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches No No
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Order Type

  Master Capital Services Ltd ProStocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Research / Tips / Reports Published

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

  Master Capital Services Ltd ProStocks
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Master Capital Services Ltd ProStocks
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...

  • 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

More Disadvantages...

More Disadvantages...

Reviews Useful articles about ProStocks:
Promo / Offers

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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