India Infoline vs MyValueTrade – Point by Point Comparison

These are the frontline companies having workers of high qualifications focusing more on the quality of work rather than quantity. Online companies make it easy for the user to interact with the broker and provide a more detailed explanation in a simpler way. Indian Infoline offers full service brokers whereas MyValueTrade offers discount brokers. Both the facilities have advantages and disadvantages. A new client should go for Indian Infoline for a full service broker. But a client who already has all the idea should choose a discount broker for more profit. Cost of opening a new account in Indian Infoline is 750 INR whereas in MyVaueTrade it’s free of any cost. There is no annual maintenance cost to be paid to either of the companies. Opening Demat account costs 555 INR in both the companies. Annual maintenance of Demat account is 300 INR and 400 INR respectively. Mobile trading is possible in both the companies. Indian Infoline and MyValueTrade provide online demo class for better visualisation of the system. Both the companies are managed very well and any of the two platforms can be used to start a share market carrier.

    India Infoline MyValueTrade
Basic Information Type of Broker Full Service Broker Discount Broker
Fees for Opening Trading Account Rs. 750 Nil
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Rs. 555
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 400
Brokerage Charges Equity Delivery Charges 0.50% Rs. 10
Equity Intraday Charges 0.05% Rs. 10
Equity Future Charges 0.05% Rs. 10
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 10
Currency Futures Charges 0.05% Rs. 10
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 10
Commodity Charges 0.05% Rs. 10
Minimum Brokerage Charges Rs. 0.05 per share Nil
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.051% on Premium 0.06% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.051% on Premium 0.042% on Premium
Commodity 0.00% 0.0025% (Non-Agri)
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y N
Online Demo Y Y
Online Portfolio Y N
Trading Platform Trader Terminal MVT Trader
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y N
Mutual Funds Y N
Debt Y N
Bond/ NCD NA N
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support Y N
Reports Daily  Market Report Y N
Quarterly Analysis of Results Y N

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