Free Trading + Demat Account

MyValueTrade Stock Trading, Demat, Brokerage and Reviews 2019

-6.49% 39,002 Clients

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. Company does business under the brand name 'mastertrust'.

Master Trust Group entered in to discount brokerage business through MyValueTrade in Aug 2014. MVT offers both flat fee per trade and unlimited monthly/yearly trading plans at a very low brokerage fee.

As of May 2014, MVT has total turnover of Rs. 4500+ Crore per day across all segments; which is high in comparison to its competitor in discount brokerage industry. But note that this number includes trade from its existing 1.5+ lakh clients.

MyValueTrade has few nice features which makes it different from other discount brokers. Some of them are:

  • Single trading and back-office software for all segments including Equity, Currency and Commodity. Also they have single login for trading and back-office software, which is very convenient.
  • They offer flexible balance feature wherein the balance across different segments i.e. equity, commodity, derivatives and currency can be used as one single balance.

MyValueTrade Ratings

Overall Rating Rated 3.8 stars 3.8/5
Fees Rated 3.4 stars 3.4/5
Brokerage Rated 4.4 stars 4.4/5
Usability Rated 3.8 stars 3.8/5
Customer Service Rated 3.8 stars 3.8/5

Based on 9 Votes by MyValueTrade Customers

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Information about MyValueTrade account opening, MyValueTrade open account, MyValueTrade opening charges, MyValueTrade account opening charges, MyValueTrade account opening status, MyValueTrade amc charges, MyValueTrade account charges, MyValueTrade account closure

MyValueTrade's Trading Platforms

A client can trade with MyValueTrade in following 2 ways:

  1. MVT Trader - This desktop based platform is built for seamless, secure & low latency trading by professional traders and investors. They offer advance charting tools for technical traders. This easy to use trading terminal is available to all its customer for free.
  2. MVT Classic - This web based platform allows their traders to trade from anywhere using any web browser. No downloading or installation is required.

Read MyValueTrade Trading Software Review for info about MyValueTrade platform, MyValueTrade trading platform, MyValueTrade trading software, MyValueTrade trading demo, MyValueTrade Demo, MyValueTrade download, MyValueTrade software download, MyValueTrade software, MyValueTrade stop loss, MyValueTrade trading and MyValueTrade trading account.

Account Types

MyValueTrade offers 2 different plans to suite your trading needs :

  1. Per Order Executed

    This trading plan offers trading at flat Rs 10 per trade irrespective to the size of the trade. The brokerage is charged as Rs 10 per executed order. Trading is available at BSE, NSE and MCX stock exchanges in equity, commodities and currency derivative segments.

  2. Fixed Brokerage

    This trading plan offers unlimited monthly trading in across all segments for flat Rs 1000 per month.

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How to open account with Master Capital Services Ltd?

Read MyValueTrade Account Opening Process Review to find information about MyValueTrade broker, MyValueTrade branches, MyValueTrade sub broker, MyValueTrade support, MyValueTrade customer care, MyValueTrade user reviews, MyValueTrade user manual, MyValueTrade website, MyValueTrade review and MyValueTrade toll free number

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MyValueTrade Pros and Cons

MyValueTrade 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.

MyValueTrade Disadvantages

  • MyValueTrade doesn't offer 3-in-1 account.
  • MyValueTrade doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs and Offer For Sale (OFS).

MyValueTrade Complaints received at BSE/NSE

Number of customer complained against Master Capital Services Ltd share broker. The Master Capital Services Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

MyValueTrade Customer Complaints

Exchange Financial Year Number of Clients * Total Complaints **
BSE 2019-20 7,195 0
NSE 2019-20 39,002 1
NSE 2018-19 41,710 17
BSE 2017-18 21,207 7
NSE 2017-18 45,757 24
BSE 2016-17 15,412 4
NSE 2016-17 34,623 32
BSE 2015-16 16,346 6
NSE 2015-16 32,003 19
BSE 2014-15 11,835 11
NSE 2014-15 34,161 27
BSE 2013-14 116,335 6
NSE 2013-14 28,596 22
BSE 2012-13 107,285 7
NSE 2012-13 108,443 43
BSE 2011-12 96,268 5
NSE 2011-12 99,656 19

* Number of active customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.

** The total number of complaint received against the broker at the given exchange.

Enquiry Form

  1. Contact MyValueTrade for trading & demat account.


4. ADITYA SHELKE  Aug 8, 2017 00:42 Reply
Ajay Sharma
4.1. Ajay Sharma  Aug 18, 2018 13:34
Yes. You can execute your trades on Master mobile with ease.
3. PRITESH  Nov 30, 2017 07:36 Reply
You can say MyValueTrade do not have back office software at all. You have to request for reports from their helpdesk & wait for them to respond.

The back office software they have only works on Internet Explorer. And just for your information Microsoft stopped support for Internet Explorer in Jan 2016, so IE is dead since then. If you have latest windows then you cannot access the back office software

Here is a reference:
2. PRITESH  Jun 14, 2017 11:53 Reply
I am an active intraday trader, and I trade with multiple brokers.

I recently opened an account with MVT, and so far the experience has been good.

1. Good customer service so far
2. Brokerage works good with fixed monthly plan
3. NEST trader is a well known robust platform
4. Real-time funds updates

1. They us back office software from LD which is just average. I have used it with other brokers as well. Biggest problem is it only supports Internet Explorer browser, and we all know that IE is removed from Windows 10 (Microsoft stopped support for IE)
2. They have enabled auto log off feature in NEST, which is supposed to log you off after 15 mins of inactivity. It''s very problematic if you are an active intraday trader.
1. suryakant  Mar 13, 2016 20:43 Reply
Does myvalue trade offer margin trading for delivery

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