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MyValueTrade Brokerage, Brokerage Plans, Other Charges, Leverage & Margin 2019

MVT is one of the most famous names in the Indian stock market for low brokerage & account opening charges. Apart from low brokerage their pricing structure very simple and easy to understand for the layman. They offer two plans, One is a fixed brokerage plan based on Period ie monthly, Yearly which is of Rs 1000 per month, and another is a yearly plan which is Rs 10,000, in this Plan your brokerage would be fixed irrespective of volume or value of trade you do in the specified period. Second Plan is where the brokerage is charged on per trade basis which is fix at Rs.10 per executed Trade. This section of the review covers the brokerage & account opening charges MVT.

MyValueTrade Equity Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage Rs. 10 Per executed order or Fixed brokerage of Rs. 1,000pm or Rs.10,000 py Rs. 10 Per executed order or Fixed brokerage of Rs. 1,000pm or Rs.10,000 py
STT 0.01% on Both Side(Buy and Sell) 0.025% On the Sell side
Transaction / Turnover charges NSE 0.00325% | BSE 0.00325% NSE 0.00325% | BSE 0.00325%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

MyValueTrade F&O Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage Rs. 10 Per executed order or Fixed brokerage of Rs. 1,000pm or Rs.10,000 py Rs. 10 Per executed order or Fixed brokerage of Rs. 1,000pm or Rs.10,000 py
STT 0.01% On the Sell side 0.017% on Sell
Transaction / Turnover charges NSE 0.003% | BSE 0.0015% NSE 0.06% | BSE 0.035%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage and Transaction Charges) 18% on (Brokerage and Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

MyValueTrade Currency Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage Rs. 10 Per executed order or Fixed brokerage of Rs. 1,000pm or Rs.10,000 py Rs. 10 Per executed order or Fixed brokerage of Rs. 1,000pm or Rs.10,000 py
STT NA NA
Transaction / Turnover charges NSE 0.0012% | BSE 0.001% NSE 0.042% | BSE 0.01%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage and Transaction Charges) 18% on (Brokerage and Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

MyValueTrade Commodity Trading Charges 2019

Charges Commodity
Brokerage Rs. 10 Per executed order or Fixed brokerage of Rs. 1,000pm or Rs.10,000 py
STT 0.01% on Sell
Transaction / Turnover charges 0.0025%
SEBI Charges 15 Rs/Crore
GST 18% on (Brokerage and Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

MyValueTrade Charges Explained

  • Securities / Commodities Transaction Tax : Tax levied by the government when transacting on the stock exchanges. Charged on both buy and sell sides while trading equity delivery. Charged only on the side of sale when trading intraday or on F&O.

  • Transaction/Turnover Charges : Exchange transaction charges + Clearing charges which are charged by NSE, BSE, MCX, and clearing member.

  • Stamp charges : Charged by the state government of the client's correspondence address.

  • GST : Tax levied by the government on the services/Product delivered at 18% of (brokerage + transaction charges).

  • SEBI Charges : Rs.15 per crore as a fees for regulating the markets.

  • AMC (Annual maintenance charges) : Rs.400/year

MyValueTrade Margin Exposure,Leverage for Intraday and F&O

MyValueTrade provides one of the highest exposure values among the stock broking industry. Up to 33 time exposure for equity Intraday , users have a great options to capture huge returns from their capital.

Trade Type Margin
Equity _Intraday up to 33X
Equity Future up to 2X (Intraday)
Equity Options No Margin
Currency Future up to 2X (Intraday)
Currency Options No Margin
Commodities up to 2X (Intraday)