My Value Trade provides Per Executed Order & Fixed Brokerage trading facility across all the segments of equity, derivatives, currency & commodity. We have been the pioneers in the broking industry with an impeccable track record since 1985.
As one of the heavyweights of the industry our group turnover exceeds Rs. 4500 Crore per day across segments making us one of the largest retail broking house in the country.
| Website. | www.myvaluetrade.com |
| Demat Account. | NSDL/CDSL. |
| Trading Exchanges. | NSE, BSE, MCX, NCDEX. |
| Broker Type. | Discount Broker. |
My Value Trade Account Opening Fees
| Trading Account. | Rs.0. |
| Demat account. | Rs 555. |
| Commodity Account. | Rs 555. |
| Trading Annual maintenance charges (AMC). | Rs.400/year. |
My Value Trade Brokerage Charges.
1)Per Order Executed:- Trade across all segments for Rs.10 Per Order Executed.
Features.
- Trade in All Segments.
- No Wrapped up Charges.
- No Turnover Commitments.
2) Fixed Brokerage.
- Per Month Rs.1000:- Trade across all segments for Rs.1000 Per month.
- Per Annum Rs.10000:- Trade across all segments for Rs.1,0000 Per annul.
Features.
- Trade in All Segments.
- No Wrapped up Charges.
- No Turnover Commitments.
My Value Trade Margins or Leverage.
| SEGMENT. | MARGINS. |
| Equity (Intraday). | Upto 5 times for intraday. |
| Equity Futures. | Upto 2 times for intraday. |
| Equity Options. | No leverage. |
| Currency Futures. | Upto 2 times for intraday. |
| Currency Options. | No leverage. |
| Commodity. | Upto 2 times for intraday. |
Trading Platforms or Software.
| Trading Platform or Software. | NEST. |
| Web based. | NEST. |
| Mobile Application. | NA. |
Useful Services.
| Online Trade Reports. | YES. |
| Online PNL Reports. | YES. |
| Intraday Chart Facility. | 5 Days. |
| End of Day Chart Facility. | 5 Years. |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | YES. |
Useful Details.
| Price (Broker Type). | Flat/Unlimited Brokerage. |
| Headquarters City (Head Office). | Mumbai (Maharashtra). |
| Total Branches (Presence). | 1 Branches. |
| Research & Tips. | No Research & Tips. |
| Total Experience in Broking. | 10Years of experience. |
| Year of Incorporation. | 1985 as master capital. |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | More Than 7,25,000. |
| NRI Account Opining Allowed Or Not. | YES, It is Allowed. |
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Fund Transfers Service.
| Number of bank linked to account. | 30+ |
| Mode of payment (Withdraw &Deposit). | Payment gateway, NEFT. |
| Fund Payin processing time. | Instant by payment Gateway. |
| Fund Payout processed (Working Days). | 1 Day. |
Turnover & Other Charges.
| Equity (Cash & Delivery). | 0.00325% of Turnover. |
| Equity Futures. | 0.00325% of Turnover. |
| Equity Options. | 0.07% of Turnover. |
| Currency Futures. | 0.0035%. |
| Currency Options. | 0.07% on premium. |
| Commodities. | 0.004%. |
| Dial & Trade charges. | Rs. 25 / per executed order. |
| DP Transaction charge. | Rs 15-25 /per Debit Transaction. |
Support & Tools Available.
| Brokerage calculator. | YES. |
| Margin Calculator. | Not Available. |
| Bracket orders & Trailing stoploss. | YES. |
| Cover order. | YES. |
| User guide & remote end support. | YES. |
Reports & Confirmation.
| Contract notes on Email. | Yes (Register Email ID). |
| Contract notes online. | Yes (Register Email ID). |
| Periodical statement on Email. | Yes (Register Email ID). |
| Trade confirmation on Email. | Yes (Register Email ID). |
| Trade confirmation on SMS. | Yes (Register Email ID). |
Additional Features.
| Charting (Intraday & EOD). | YES. |
| Coding or Backtesting (Algo Trading). | Not Available. |
| Referral program (Affiliate). | Not Available. |
| Training & Education. | Not Available. |
| Online trading community. | Not Available. |
Customer Care.
| ContactDetails | Registered Office. C-1, Jeevan Jyot Building, 18/20, Cawasjee Patel Street, Fort, Mumbai – 400001. Telephone No: +91-84678-84678. |
| Call. | Customer Care. (9:00 am – 11:55 pm). phone +91- 84678 84678. SMS Service. Type Your Message & send it to +91-84678 84678. |
| Email. | [email protected] [email protected] [email protected] |
| Complaints Or Grievances. | [email protected] |
My Value Trade Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for My Value Trade.
| Summary | Ratings |
|---|---|
| Customer Experience | 3.5 / 5 |
| Trading Platform / Mobile APP | 4 / 5 |
| Services | 4 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 4.5 / 5 |
| Overall Rating | 4 / 5 |
| Star Rating | ★★★★ |
| Review Counts | 65 |
Sebi Registration.
| NSE Member Code : 14814. |
| SEBI Registration : INB/INF/INE-231481418. |
| Segments : CM, F&O & CD. |
| MCX Member ID : 31590. |
| FMC Registration No : MCX/TCM/CORP/1132. |
More Useful Article
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.
Pros:
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
Cons:
1. They use 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.