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MyValueTrade Vs Upstox (Compare MyValueTrade and Upstox)

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

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

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

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MyValueTrade Vs 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 Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type 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.
Year of Incorporation
Number of Branches
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MyValueTrade Vs Upstox Charges

  Master Capital Services Ltd Upstox
Trading Account Opening Fees ₹555 ₹150 (Eq and F&O), ₹150 (MCX)
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹400 ₹150
Demat Account is Mandatory? No No
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MyValueTrade Vs Upstox Brokerage

Brokerage Plan 1

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

Brokerage Plan 2

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

Other Charges

Minimum Brokerage Charges ₹10 or .01% whichever is lower ₹0
Other Brokerage Charges Call & Trade: ₹20 per executed order
Call & Trade Charges ₹20 per trade
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MyValueTrade Vs Upstox Taxes

  Master Capital Services Ltd Upstox
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 Upstox Transaction Charges

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

  Master Capital Services Ltd Upstox
Equity Delivery 2.5x
Equity Intraday Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x
Equity Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x
Equity Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Futures Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Currency Options Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x
Commodity Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x
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MyValueTrade and Upstox Feature Comparison

  Master Capital Services Ltd Upstox
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 Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:15 PM
Other Features Option strategy builder
Referral Program
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MyValueTrade Vs Upstox Review

  Master Capital Services Ltd Upstox
  9 Customer Reviews    Rate MyValueTrade 50 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 50 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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MyValueTrade Vs Upstox Investment Options

  Master Capital Services Ltd Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
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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MyValueTrade Vs Upstox Customer Service

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

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

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

  Master Capital Services Ltd Upstox
Casual Investor
Active Investor Yes
Trader Yes Yes
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MyValueTrade Vs Upstox - Advantages and Disadvantages

  Master Capital Services Ltd Upstox
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. 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

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.
  • Upstox doesn't offer NRI Trading and Demat Account.

More Disadvantages...

Reviews Useful articles about Upstox:
Promo / Offers

Limited Time Offer - Free Account Opening (₹300 waived) until May 17th 2019

Open Upstox Trading Account and get FREE Trading, Demat and Mutual Fund Account + FREE Equity Delivery Trades (no brokerage) + Intraday and F&O Trades at flat ₹20 per order.

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