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MyValueTrade Vs Upstox Share Broker Comparison

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

  Master Capital Services Ltd Upstox
 
Master Capital Services Ltd Logo Upstox 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 Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... Know more about Upstox
Type of Broker What is this parameter? Discount Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX BSE, NSE, MCX
Account Type What is this parameter? Per Order Executed Upstox Basic
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 Upstox. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Master Capital Services Ltd Upstox
Trading Account Opening Fees What is this parameter? ₹555 ₹150 (Eq and F&O), ₹150 (MCX)
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 ₹150 (paid upfront)
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Master Capital Services Ltd Upstox
Account Type Per Order Executed Upstox Basic
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? ₹10 per executed order ₹0
Equity Intraday Brokerage What is this parameter? ₹10 per executed order ₹20 per trade or 0.01% (whichever is lower)
Equity Futures Brokerage What is this parameter? ₹10 per executed order ₹20 per trade or 0.01% (whichever is lower)
Equity Options Brokerage What is this parameter? ₹10 per executed order ₹20 per trade or 0.01% (whichever is lower)
Currency Futures Trading Brokerage What is this parameter? ₹10 per executed order ₹20 per trade or 0.01% (whichever is lower)
Currency Options Trading Brokerage What is this parameter? ₹10 per executed order ₹20 per trade or 0.01% (whichever is lower)
Commodity Futures Trading Brokerage What is this parameter? ₹10 per executed order ₹20 per trade or 0.01% (whichever is lower)
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Master Capital Services Ltd Upstox
Account Type Fixed Monthly Plan Upstox Priority
Fixed Charges What is this parameter? ₹1000 ₹0
Equity Delivery Brokerage What is this parameter? ₹0 ₹0
Equity Intraday Brokerage What is this parameter? ₹0 ₹30 per trade or 0.05% (whichever is lower)
Equity Futures Brokerage What is this parameter? ₹0 ₹30 per trade or 0.05% (whichever is lower)
Equity Options Brokerage What is this parameter? ₹0 ₹30 per trade or 0.05% (whichever is lower)
Currency Futures Trading Brokerage What is this parameter? ₹0 ₹30 per trade or 0.05% (whichever is lower)
Currency Options Trading Brokerage What is this parameter? ₹0 ₹30 per trade or 0.05% (whichever is lower)
Commodity Futures Trading Brokerage What is this parameter? ₹0 ₹30 per trade or 0.05% (whichever is lower)
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹10 or .01% whichever is lower ₹0
Other Brokerage Charges What is this parameter? Call & Trade: ₹20 per executed order
Call & Trade Charges What is this parameter? ₹20 per trade
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Taxes

  Master Capital Services Ltd Upstox
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 Upstox
Equity Delivery What is this parameter? NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹275
Equity Intraday What is this parameter? NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹275
Equity Futures What is this parameter? NSE ₹300 | BSE ₹150 NSE ₹210
Equity Options What is this parameter? NSE ₹6000 | BSE ₹3500 NSE ₹5500
Currency Futures What is this parameter? NSE ₹120 | BSE ₹100 ₹150
Currency Options What is this parameter? NSE ₹4200 | BSE ₹1000 ₹6000
Commodity What is this parameter? MCX ₹250 MCX ₹260/Cr
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Exposure

  Master Capital Services Ltd Upstox
Equity Delivery What is this parameter? 1x
Equity Intraday What is this parameter? Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options What is this parameter? Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity What is this parameter? Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
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Share Broker Features

  Master Capital Services Ltd Upstox
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 Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time What is this parameter? 3:15 PM
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  Master Capital Services Ltd Upstox
  9 Customer Reviews    Rate MyValueTrade 46 Customer Reviews    Rate Upstox
Fees Ratings 3.4 3.7
Trading Brokerage Rating 4.4 3.6
Trading Platform Usability 3.8 2.8
Customer Service Ratings 3.8 2.4
Overall Ratings Rated 3.8 stars Rated 2.5 stars
Broker Rating MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews Upstox is Rated 2.5 / 5 based on 46 customer reviews
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Contact Broker / Request A Call Back

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

  Master Capital Services Ltd Upstox
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
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 Upstox
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 Upstox
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 Upstox
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 Upstox
Casual Investor What is this parameter?
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 Upstox
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...

  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.

More Advantages...

Cons What is this parameter?

More Disadvantages...

  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • Online IPO, FPO, Bonds and NCD's are not available.
  • No stock tips or recommendations.

More Disadvantages...

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

Get Account Opening Fee Refunded

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition get you account opening fees refunded as brokerage cashback.

To open an account with Upstox, simply leave your contact information with us and Upstox representatives will call you.

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