Free Trading + Demat Account

Religare Vs MyValueTrade (Compare Religare and MyValueTrade)

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

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

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

Expand

Religare Vs MyValueTrade

  Religare MyValueTrade
Find more info about broker
Religare Logo Master Capital Services Ltd Logo
About the Broker Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare 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
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type My Saver Online Plan Per Order Executed
Broker Enquiry Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MyValueTrade. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994
Number of Branches 1500
Expand

Religare Vs MyValueTrade Charges

  Religare MyValueTrade
Trading Account Opening Fees ₹500 ₹555
Trading Account AMC Nil Nil
Demat Account Opening Fees Nil Nil
Demat Account AMC ₹400 from second year onward ₹400
Demat Account is Mandatory? No No
Expand

Religare Vs MyValueTrade Brokerage

Brokerage Plan 1

  Religare MyValueTrade
Account Type My Saver Online Plan Per Order Executed
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% ₹10 per executed order
Equity Intraday Brokerage 0.050% to 0.010% ₹10 per executed order
Equity Futures Brokerage 0.05% ₹10 per executed order
Equity Options Brokerage ₹70 per lot ₹10 per executed order
Currency Futures Trading Brokerage 0.05% ₹10 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹10 per executed order
Commodity Futures Trading Brokerage 0.05% ₹10 per executed order
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 2

  Religare MyValueTrade
Account Type My Saver Online Plan Fixed Monthly Plan
Fixed Charges ₹1000
Equity Delivery Brokerage 0.50% to 0.10% ₹0
Equity Intraday Brokerage 0.050% to 0.010% ₹0
Equity Futures Brokerage 0.05% ₹0
Equity Options Brokerage ₹70 per lot ₹0
Currency Futures Trading Brokerage 0.05% ₹0
Currency Options Trading Brokerage ₹30 per lot ₹0
Commodity Futures Trading Brokerage 0.05% ₹0
Commodity Options Trading Brokerage ₹30 per lot

Other Charges

Minimum Brokerage Charges 1p per share ₹10 or .01% whichever is lower
Other Brokerage Charges Call & Trade: ₹20 per executed order
Call & Trade Charges ₹10 per executed order (max Rs 50 per day)
Expand

Religare Vs MyValueTrade Taxes

  Religare MyValueTrade
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
Expand

Religare Vs MyValueTrade Transaction Charges

  Religare MyValueTrade
Equity Delivery 0.0037% NSE ₹325 | BSE ₹325
Equity Intraday 0.0037% NSE ₹325 | BSE ₹325
Equity Futures 0.004% NSE ₹300 | BSE ₹150
Equity Options 0.06% on Premium NSE ₹6000 | BSE ₹3500
Currency Futures 0.004% NSE ₹120 | BSE ₹100
Currency Options 0.06% on Premium NSE ₹4200 | BSE ₹1000
Commodity 0.0035% MCX ₹250
Expand

Religare Vs MyValueTrade Exposure Margin

  Religare MyValueTrade
Equity Delivery Upto 4x with 24% interest per year
Equity Intraday Upto 10x
Equity Futures Upto 3x
Equity Options Upto 3x for shorting
Currency Futures Upto 2x
Currency Options 2x for shorting
Commodity Futures Upto 3x
Commodity Options
Expand

Religare and MyValueTrade Feature Comparison

  Religare MyValueTrade
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami OMNESYS NEST
Intraday Square-off Time
Other Features Mutual Fund, EMI Calculator
Referral Program
Expand

Religare Vs MyValueTrade Review

  Religare MyValueTrade
  71 Customer Reviews    Rate Religare 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.2 3.4
Trading Brokerage Rating 3.1 4.4
Trading Platform Usability 3.0 3.8
Customer Service Ratings 3.0 3.8
Overall Ratings Rated 2.9 stars Rated 3.8 stars
Broker Rating Religare is Rated 2.9 / 5 based on 71 customer reviews MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews
Expand

Contact Broker / Request A Call Back

  Religare Enquire MyValueTrade Enquire
Contact Broker
Expand

Religare Vs MyValueTrade Investment Options

  Religare MyValueTrade
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
Expand

Religare Vs MyValueTrade Customer Service

  Religare MyValueTrade
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
Expand

Religare Vs MyValueTrade Order Type Offered

  Religare MyValueTrade
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) Yes
Expand

Religare Vs MyValueTrade Research Report

  Religare MyValueTrade
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Religare Vs MyValueTrade Suitable For Investor Type

  Religare MyValueTrade
Casual Investor
Active Investor
Trader Yes
Expand

Religare Vs MyValueTrade - Advantages and Disadvantages

  Religare MyValueTrade
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

More Advantages...

  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...

Cons
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

More Disadvantages...

More Disadvantages...

Reviews
Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

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

Enquire Religare Enquire MyValueTrade
Compare More Brokers
Religare Vs Zerodha
Religare Vs ICICIDirect
Religare Vs HDFC Securities
Religare Vs Sharekhan
Religare Vs AxisDirect
Religare Vs Angel Broking
Religare Vs Kotak Securities
Religare Vs Motilal Oswal
Religare Vs Karvy
Religare Vs India Infoline (IIFL)
Religare Vs SBI Securities
Religare Vs Geojit
Religare Vs Edelweiss
Religare Vs Reliance Securities
Religare Vs SMC Global
Religare Vs Nirmal Bang
Religare Vs 5paisa
Religare Vs Ventura
Religare Vs Upstox
Religare Vs Anand Rathi
Religare Vs Indiabulls
Religare Vs Aditya Birla Money
Religare Vs Bonanza
Religare Vs SAMCO
Religare Vs TradingBells
Religare Vs IDBI Capital
Religare Vs TradeSmart
Religare Vs SAS Online
Religare Vs iTradeOnline
Religare Vs Tradeplus
Religare Vs Tradejini
Religare Vs Alice Blue
Religare Vs Wisdom Capital
Religare Vs Fyers
Religare Vs Finvasia
Religare Vs ProStocks
Religare Vs RMoney
Religare Vs Beeline
Religare Vs Just Trade
Religare Vs Achiievers
Religare Vs Trustline
Religare Vs Yes Securities
Religare Vs RKSV
MyValueTrade Vs Zerodha
MyValueTrade Vs ICICIDirect
MyValueTrade Vs HDFC Securities
MyValueTrade Vs Sharekhan
MyValueTrade Vs AxisDirect
MyValueTrade Vs Angel Broking
MyValueTrade Vs Kotak Securities
MyValueTrade Vs Motilal Oswal
MyValueTrade Vs Karvy
MyValueTrade Vs India Infoline (IIFL)
MyValueTrade Vs SBI Securities
MyValueTrade Vs Geojit
MyValueTrade Vs Edelweiss
MyValueTrade Vs Reliance Securities
MyValueTrade Vs SMC Global
MyValueTrade Vs Nirmal Bang
MyValueTrade Vs 5paisa
MyValueTrade Vs Ventura
MyValueTrade Vs Upstox
MyValueTrade Vs Anand Rathi
MyValueTrade Vs Indiabulls
MyValueTrade Vs Aditya Birla Money
MyValueTrade Vs Bonanza
MyValueTrade Vs SAMCO
MyValueTrade Vs TradingBells
MyValueTrade Vs IDBI Capital
MyValueTrade Vs TradeSmart
MyValueTrade Vs SAS Online
MyValueTrade Vs iTradeOnline
MyValueTrade Vs Tradeplus
MyValueTrade Vs Tradejini
MyValueTrade Vs Alice Blue
MyValueTrade Vs Wisdom Capital
MyValueTrade Vs Fyers
MyValueTrade Vs Finvasia
MyValueTrade Vs ProStocks
MyValueTrade Vs RMoney
MyValueTrade Vs Beeline
MyValueTrade Vs Just Trade
MyValueTrade Vs Achiievers
MyValueTrade Vs Trustline
MyValueTrade Vs Yes Securities
MyValueTrade Vs RKSV



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App