Axis Direct vs MyValueTrade (Compare Axis Direct vs MyValueTrade)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Axis Direct vs MyValueTrade, Below comparison of Axis Direct vs MyValueTrade highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

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One on One comparison of Axis Direct vs MyValueTrade is given below:

Axis Direct

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MyValueTrade

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	Axis Direct	MyValueTrade

About The Brokers	Axis Direct : "AxisDirect is the flagship brand of Axis Securities Ltd offering simplified investment solutions to retail customers. AxisDirect is among top 10 brokerage house in In >>> more	MyValueTrade : "MyValueTrade is one of the most economical discount brokers in India and has history of working in share broking space since 1985 with unique >>> more
Find More Information about the Broker :	Axis Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	MyValueTrade : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Axis Direct : Full Service Broker	MyValueTrade : Discount Broker
Promo/offers	Axis Direct : Special Offer: No AMC charged on Demat account for the first year + Get high leverage on intraday products and up to 4 times in E-Margin + Get Axis Direct 3-in-1 account + Research Services.Get the offer	MyValueTrade : N/A
Pros	Axis Direct : 3-in-1 online trading account. Security of your investment & money Decent trading software. Derivatives trading, NRI services, mutual funds, IPOs. Trading is available in both BSE and NSE. Free Research services	MyValueTrade : Trading plans include unlimited quantity and size of trading on all exchanges NSE, BSE and MCX. Have tie up with 45 major banks for instant funds transfer facility. MyValueTrade provides you with the opportunity of trading in Intraday up to 33 times exposure. You can use the same funds for trading across the Trade across the segments viz. Equity, commodity, derivatives and currency. They are flexible and do not restrict their traders.
Cons	Axis Direct : No commodity & Currencytrading. Very High brokerage. Installable trading terminal cost at Rs 2999 per year. Minimum brokerage charges. Low Exposure	MyValueTrade : MyValueTrade doesn't offer 3-in-1 account. They do not provide research reports, tips or suggestion to its traders.
Why This	Axis Direct : A Unique 3-in-1 On-line Trading Account, which includes Axis Banks Saving Account, Axis Direct Trading Account and Axis Direct Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through Kotak Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >11 Lac customers. 1 paisa per lot for same day square off option trading or Rs 10 per lot for carry f/w Options trade Facility to trade in Equities, IPO's, Bonds, FD's, ETF's, Mutual Funds, F&O and Currency derivatives etc. Add on services like relationship manager, tips & recommendations, technical research, market pointers, periodical research reports, training and education. Axis Direct offers classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics.	MyValueTrade : Simple Brokerage Plans with minimal charges: They have extremely simple and easy to understand the brokerage plan. It charges the brokerage of Rs10/ per executed. No matter how many times you trade and what's your size of the trade, brokerage remains same for all the exchanges. One platform for the trading activities: It provides a single platform across the category. There is no hassle to remember different passwords, and from one login you can trade in equity, commodity & currency. Also, a single login for exchange and back-office software. Dedicated customer service:My value trade provides 247 customer care service. Very few discount broker provide such service. Turn around time of their helpdesk is fastest with the majority of satisfying results. After market order:You place the order for the share in which you want to invest after the market hours. Once the stock market opens, your share will get credit in electronic format into your Demat account. Margin and Exposure:* My Value Trade offers up to 33 times exposure. latest news and updates:You can watch live TV on your MCT TRADERS. They air the top 4 business channel so that their customers are always up to date with the latest market new and real-time data of the stock market.

Axis Direct vs MyValueTrade Account Opening & AMC Charges

Axis Direct Trading Account Opening Fee is ₹900 and MyValueTrade Trading Account Opening Fee is ₹555 . Axis Direct Demat Account AMC is ₹650 and MyValueTrade Demat Account AMC is ₹400 .

	Axis Direct	MyValueTrade
Trading Account Opening Fee	Trading Account Opening Fee : ₹900	Trading Account Opening Fee : ₹555
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹650	Demat Account AMC : ₹400
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

Axis Direct vs MyValueTrade Brokerage Charges

Axis Direct Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot . MyValueTrade Brokerage Charges Equity Delivery is ₹0 and Equity Intraday is ₹0 and Equity Options is ₹0 .

	Axis Direct	MyValueTrade
Plan Name	Plan Name : Fixed Plan	Plan Name : Fixed Monthly Plan
Equity Delivery	Equity Delivery : 0.50%	Equity Delivery : ₹0
Equity Intraday	Equity Intraday : 0.05%	Equity Intraday : ₹0
Equity Future	Equity Future : 0.05%	Equity Future : ₹0
Equity Options	Equity Options : Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot	Equity Options : ₹0
Currency Futures	Currency Futures : 0.05%	Currency Futures : ₹0
Currency Options	Currency Options : Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot	Currency Options : ₹0
Monthly Fee	Monthly Fee : NA	Monthly Fee : ₹1000 (unlimited trading)
Margin Trading	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.03% (Each Leg)	Commodity Futures : ₹0
Commodity Options	Commodity Options : -	Commodity Options : -

Axis Direct vs MyValueTrade Transaction Charges (Per Crore)

Axis Direct Transaction Charges (Per Crore) Equity Future is NSE ₹190 | BSE ₹300 and Equity Options is NSE ₹5000 | BSE ₹300 . MyValueTrade Transaction Charges (Per Crore) Equity Future is NSE ₹300 | BSE ₹150 and Equity Options is NSE ₹6000 | BSE ₹3500 .

	Axis Direct	MyValueTrade
Equity Delivery	Equity Delivery : NSE ₹325 \| BSE ₹300	Equity Delivery : NSE ₹325 \| BSE ₹325
Equity Intraday	Equity Intraday : NSE ₹325 \| BSE ₹300	Equity Intraday : NSE ₹325 \| BSE ₹325
Equity Future *	Equity Future : NSE ₹190 \| BSE ₹300	Equity Future : NSE ₹300 \| BSE ₹150
Equity Options *	Equity Options : NSE ₹5000 \| BSE ₹300	Equity Options : NSE ₹6000 \| BSE ₹3500
Currency Futures *	Currency Futures : ₹190	Currency Futures : NSE ₹120 \| BSE ₹100
Currency Options	Currency Options : ₹5000	Currency Options : NSE ₹4200 \| BSE ₹1000
Commodity	Commodity : NA	Commodity : MCX ₹250

Axis Direct vs MyValueTrade Other Charges

Axis Direct Minimum Brokerage is ₹20 per executed order and Call & Trade is Rs 20 per call post 20th call per month . MyValueTrade Minimum Brokerage is ₹10 or .01% whichever is lower and Call & Trade is ₹20 per executed order .

	Axis Direct	MyValueTrade
Minimum Brokerage	Minimum Brokerage : ₹20 per executed order	Minimum Brokerage : ₹10 or .01% whichever is lower
Call & Trade	Call & Trade : Rs 20 per call post 20th call per month	Call & Trade : ₹20 per executed order
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : Charges as per the state of residence
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (minimum Rs 25 per instruction)	DP Charges (on sell side) : ₹15 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Axis Direct vs MyValueTrade Features

Axis Direct and MyValueTrade both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Axis Direct	MyValueTrade
Trading Platform	Trading Platform : DirectTrade, Swift Trade	Trading Platform : OMNESYS NEST
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : -
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : -
Unique features & Offers	Unique features & Offers : Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : -
Referral Program	Referral Program : Rs.500 per referal	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : -	Margin Against Shares (Equity Cash) : -
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : -	Margin Against Shares (Equity F&O) : -

Axis Direct vs MyValueTrade Demat Account Charges

A comparative table of various demat account charges between Axis Direct and MyValueTrade is below:

	Axis Direct	MyValueTrade
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : -
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : -
Advance Deposit	Advance Deposit : Nil	Advance Deposit : -
AMC	AMC : Retail Account: Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank. Non-Axis Bank Customer: ₹250 per year (1st year free) BSDA Account: Nil for holding value till ₹50,000 ₹100 per year for holding value from ₹50,001 to ₹2,00,000 Holding value above ₹2,00,000 tariff for Retail account will be applicable. Corporate Account: ₹400 for Axis Bank clients + CDSL AMC of ₹500 ₹600 for non-Axis Bank clients+ CDSL AMC of ₹500	AMC : -
Dematerialisation Charges	Dematerialisation Charges : Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units. Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.	Dematerialisation Charges : -
Rematerialisation Charges	Rematerialisation Charges : Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units. Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request	Rematerialisation Charges : -
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units. Corporate Account: 0.04% subject to minimum of ₹23 per instruction.	Transaction Charges (debit) : -
Pledge Creation Charges	Pledge Creation Charges : Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. Corporate Account: Flat ₹50 per request.	Pledge Creation Charges : -
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. Corporate Account: Flat ₹50 per request.	Pledge Invocation Charges : -
Failed Instruction Charges	Failed Instruction Charges : ₹10 per Instruction	Failed Instruction Charges : -
Other Charges	Other Charges : Ad-hoc Statement - ₹100 per statement Quarterly (Physical) statement Retail Account - Nil BSDA Account - ₹25 per statement Account Modification Charges Retail Account - Nil BSDA Account - ₹100 DIS Booklet Charge Retail Account - NIL BSDA Account - ₹200 per booklet Redemption of mutual fund units through DP - ₹25 per instruction	Other Charges : -

Axis Direct vs MyValueTrade Basic Details

Axis Direct Year of Incorporation is 2005 and Total Number of Clients is 389,500+ and Total Number of Branches is 3000+ . MyValueTrade and and .

	Axis Direct	MyValueTrade
Year of Incorporation	Year of Incorporation : 2005	Year of Incorporation : -
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : -
Demat Services	Demat Services : NSDL	Demat Services : -
Website	Website : https://simplehai.axisdirect.in	Website : -
Contact Details	Contact Details : 18002100808	Contact Details : -
Total Number of Clients	Total Number of Clients : 389,500+	Total Number of Clients : -
Total Number of Branches	Total Number of Branches : 3000+	Total Number of Branches : -
Products *	Products : Equity, Derivatives, Mutual Fund, SIP, ETFs, Tax Savings, Fixed Income, IPOs, Fixed Deposits, Loans, Tax Services, NPS and Insurance.	Products : -

Axis Direct vs MyValueTrade Charts and Data

Axis Direct and MyValueTrade both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Axis Direct	MyValueTrade
Live data source	Live data source : NSE, BSE, MCX	Live data source : -
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : -
Multi-Chart Setup	Multi-Chart Setup : -	Multi-Chart Setup : -
No.of indicators	No.of indicators : 40	No.of indicators : -
No.of charts can be opened	No.of charts can be opened : -	No.of charts can be opened : -
Live Scanners	Live Scanners : -	Live Scanners : -
Customizable screeners	Customizable screeners : No	Customizable screeners : -
Trading from charts	Trading from charts : No	Trading from charts : -
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : -
Options charts	Options charts : No	Options charts : -
Continuous futures charts	Continuous futures charts : No	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : 1 year	Intraday historical data for charts : -
End of Day historical data for charts	End of Day historical data for charts : 15 years	End of Day historical data for charts : -
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : -
Back Testing	Back Testing : No	Back Testing : -
Options Chain	Options Chain : Yes	Options Chain : -
Heat Maps	Heat Maps : Yes	Heat Maps : -
Analytics	Analytics : Yes	Analytics : -
Price Ladder	Price Ladder : No	Price Ladder : -

Axis Direct vs MyValueTrade Leverage

Leverage

	Axis Direct	MyValueTrade
Equity Delivery	Equity Delivery : Nil	Equity Delivery : -
Equity Intraday	Equity Intraday : Upto 10x	Equity Intraday : -
Equity Futures	Equity Futures : Nil	Equity Futures : -
Equity Options	Equity Options : Nil	Equity Options : -
Currency Futures	Currency Futures : NA	Currency Futures : -
Currency Options	Currency Options : NA	Currency Options : -
Commodity Futures	Commodity Futures : 3x	Commodity Futures : -
Commodity Options	Commodity Options : NA	Commodity Options : -

Axis Direct vs MyValueTrade Orders

Orders

	Axis Direct	MyValueTrade
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : -
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : -	Buy Today Sell Tomorrow (BTST) : -
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : -	Sell Today Buy Tomorrow (STBT) : -
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : -	Good Till Cancelled (GTC) : -

Axis Direct vs MyValueTrade Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Axis Direct	MyValueTrade
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : -
Comparison *	Comparison : Yes	Comparison : -
Free Tips *	Free Tips : Yes	Free Tips : -
Daily Market report *	Daily Market report : Yes	Daily Market report : -
ETF research *	ETF research : Yes	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : -

Axis Direct vs MyValueTrade Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Axis Direct	MyValueTrade
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000	Investment required for Franchisee / AP : -

Axis Direct vs MyValueTrade Product & Services

Axis Direct and MyValueTrade both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Axis Direct	MyValueTrade
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	Margin Trading : -
Call in Trade *	Call in Trade : Yes	Call in Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -
Limit Order *	Limit Order : Yes	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : Yes	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : -
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : No	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : -
Market Trading *	Market Trading : Yes	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : -

Axis Direct vs MyValueTrade Customer Services

Axis Direct and MyValueTrade both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Axis Direct	MyValueTrade
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : Yes	Branch Offices : -
Customer Care *	Customer Care : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -

Axis Direct vs MyValueTrade Other Investement

Axis Direct and MyValueTrade both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Axis Direct	MyValueTrade
Commodity Trading *	Commodity Trading : No	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : Yes	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -

Axis Direct vs MyValueTrade Trading PlatForm

Axis Direct and MyValueTrade both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Axis Direct	MyValueTrade
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : Yes	I-Pad App : -
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -

Axis Direct vs MyValueTrade Company Information

	Axis Direct	MyValueTrade
Financials *	Financials : Yes	Financials : -
News *	News : Yes	News : -
Company Analysis *	Company Analysis : Yes	Company Analysis : -
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