Motilal Oswal vs MyValueTrade – Point by Point Comparison

For your Online Share Trading and comparing Motilal Oswal with MyValueTrade, you should keep in mind that Motilal Oswal is a subsidiary full service broker of Motilal Oswal Financial Service Limited through many branches and banks across India. On the other hand MyValueTrade is an Online Discount Broker which is an installable trading platform by “Omnesys NEST”.

Motilal Oswal provides you financial products and broking services like commodity, currency and institutional. However, MyValueTrade offers you technical and marketing analysis, strategies for option trading, real time news and market monitoring. In trading platform MyValueTrade is incorporated with India’s top live TV channels of business like ET Now, NDTV Profit which you can’t expect with Motilal Oswal. Also it allows trading with single login platform for all segments and back office reports to their clients.

There is a vast different in the pricing criteria of both these firms. The brokerage of Motilal Oswal is from 0.05% to 0.5% while MyValueTrade gives a flat Rs. 10 per trade which is the second lowest brokerage plan. It also fixes monthly plan of Rs. 1000 and yearly plan of Rs.10000 for unlimited trading in equity, derivatives, currency and commodity.

    Motilal Oswal MyValueTrade
Basic Information Type of Broker Full Service Broker Discount Broker
Fees for Opening Trading Account Rs. 0 Nil
Annual Maintenance Charges of Trading Account Rs. 0 Nil
Fees for Opening Demat Account Rs. 0 Rs. 555
Annual Maintenance Charges of Demat Account Rs. 441 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. 75 per lot Rs. 10
Currency Futures Charges Rs. 20 per lot Rs. 10
Currency Options Charges Rs. 20 per lot Rs. 10
Commodity Charges 0.03% Rs. 10
Minimum Brokerage Charges For Delivery: Rs. 30 & For Intraday: Rs. 15 Nil
Transaction Charges Equity Delivery For BSE: 0.01% and for NSE: 0.00335% 0.00%
Equity Intraday For BSE: 0.002% and for NSE: 0.00325% 0.00%
Equity Futures 0.00% 0.00%
Equity Options For BSE: 0.002% and for NSE: 0.0511% on Premium 0.06% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.042% on Premium 0.042% on Premium
Commodity For MCX: 0.0025% 0.0025% (Non-Agri)
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y N
Online Demo Y Y
Online Portfolio Y N
Trading Platform Orion Lite 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 Y N
Customer Support 24/7 Customer Support Y 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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