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MyValueTrade vs Reliance Securities (Compare MyValueTrade vs Reliance Securities)

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 MyValueTrade vs Reliance Securities, Below comparison of MyValueTrade vs Reliance Securities 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.

One on One comparison of MyValueTrade vs Reliance Securities is given below:

MyValueTrade Reliance Securities
About The Brokers
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

Reliance Securities :

"Reliance Securities is certainly a renowned name in share brokerage Industry with over 1.15 lakh active customer base, powerful online trading tools, Research based i   >>> more

Find More Information about the Broker :
MyValueTrade :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Reliance Securities :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
MyValueTrade :
 Discount Broker
Reliance Securities :
 Full Service Broker
Promo/offers
MyValueTrade :
N/A
Reliance Securities :
N/A
Advantage
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.
Reliance Securities :
  • Live chat facility available
  • Easy-to-use website.
  • Trading through an in-house secured website
  • Almost all financial services available including commodity trading
  • Brokerage is average compare to top-notch brokerage firm, however, equal to most average brokers
  • Big margin and option to pay within t+5 days
  • Free for first 20 calls in a month
  • Intensive Research support
Disadvantage
MyValueTrade :
  •  MyValueTrade doesn't offer 3-in-1 account.
  •  They do not provide research reports, tips or suggestion to its traders.
Reliance Securities :
  • Customer services needs to be improved.
  • Lots of hidden charges are included
  • High Brokerage Charges
  • Do not provide 3-in-1 trading account
Why This
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 24*7 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.
Reliance Securities :
  • Award Winning trustworthiness of the Reliance Group.
  • Reliance Securities is registered with both NSE and BSE and offers trading facilities in equity, derivatives, currency, ETF's, Mutual Funds, NCD/Bonds, corporate FD's, Sovereign gold bonds etc.
  • They have dedicated research team who continuously track the domestic and global market to provide essential information and repost to their clients for appropriate investment for their hard earned money.
  • They Pay due attention to their trading technology and have more than 10 platform for their clients to trade.
  • They provide investment opportunity to NRIs and have a various offering for them.
  • The customer can place after market orders (AMO) for next day post market hours.

MyValueTrade vs Reliance Securities Account Opening & AMC Charges

MyValueTrade Trading Account Opening Fee is ₹555 and Reliance Securities Trading Account Opening Fee is ₹950 . MyValueTrade Demat Account AMC is ₹400 and Reliance Securities Demat Account AMC is ₹400 .

MyValueTrade Reliance Securities
Trading Account Opening Fee Trading Account Opening Fee :

₹555

Trading Account Opening Fee :

₹950

Demat Account Opening Fee Demat Account Opening Fee :

₹0

Demat Account Opening Fee :

₹0

Demat Account AMC Demat Account AMC :

₹400

Demat Account AMC :

₹400

Trading Account AMC Trading Account AMC :

₹0

Trading Account AMC :

₹0


MyValueTrade vs Reliance Securities Brokerage Charges

MyValueTrade Brokerage Charges Equity Delivery is ₹0 and Equity Intraday is ₹0 and Equity Options is ₹0 . Reliance Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is ₹100 per lot .

MyValueTrade Reliance Securities
Plan Name Plan Name :

Fixed Monthly Plan

Plan Name :

Per Order Executed

Plan Name :

R Fixed plan

Plan Name :

R Flexi Plan

Equity Delivery Equity Delivery :

₹0

Equity Delivery :

₹10

Equity Delivery :

0.40%

Equity Delivery :

0.50%

Equity Intraday Equity Intraday :

₹0

Equity Intraday :

₹10

Equity Intraday :

0.04%

Equity Intraday :

0.05%

Equity Future Equity Future :

₹0

Equity Future :

₹10

Equity Future :

0.04%

Equity Future :

0.05%

Equity Options Equity Options :

₹0

Equity Options :

₹10

Equity Options :

₹100 per lot

Equity Options :

₹100 per lot

Currency Futures Currency Futures :

₹0

Currency Futures :

₹10

Currency Futures :

0.04%

Currency Futures : -
Currency Options Currency Options :

₹0

Currency Options :

₹10

Currency Options :

₹100 per lot

Currency Options : -
Monthly Fee Monthly Fee :

₹1000 (unlimited trading)

Monthly Fee :

NA

Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : - Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

₹0

Commodity Futures :

₹10

Commodity Futures :

NA

Commodity Futures : -
Commodity Options Commodity Options : - Commodity Options : - Commodity Options :

NA

Commodity Options : -

MyValueTrade vs Reliance Securities Transaction Charges (Per Crore)

MyValueTrade Transaction Charges (Per Crore) Equity Future is NSE ₹300 | BSE ₹150 and Equity Options is NSE ₹6000 | BSE ₹3500 . Reliance Securities Transaction Charges (Per Crore) Equity Future is 0.0033% and Equity Options is 0.063% on premium .

MyValueTrade Reliance Securities
Equity Delivery Equity Delivery :

NSE ₹325 | BSE ₹325

Equity Delivery :

0.0035%

Equity Intraday Equity Intraday :

NSE ₹325 | BSE ₹325

Equity Intraday :

0.0035%

Equity Future * Equity Future :

NSE ₹300 | BSE ₹150

Equity Future :

0.0033%

Equity Options * Equity Options :

NSE ₹6000 | BSE ₹3500

Equity Options :

0.063% on premium

Currency Futures * Currency Futures :

NSE ₹120 | BSE ₹100

Currency Futures : -
Currency Options Currency Options :

NSE ₹4200 | BSE ₹1000

Currency Options : -
Commodity Commodity :

MCX ₹250

Commodity :

NA


MyValueTrade vs Reliance Securities Other Charges

MyValueTrade Minimum Brokerage is ₹10 or .01% whichever is lower and Call & Trade is ₹20 per executed order . Reliance Securities Minimum Brokerage is 5 paise per share and Call & Trade is ₹20 per call (First 20 calls free) .

MyValueTrade Reliance Securities
Minimum Brokerage Minimum Brokerage :

₹10 or .01% whichever is lower

Minimum Brokerage :

5 paise per share

Call & Trade Call & Trade :

₹20 per executed order

Call & Trade :

₹20 per call (First 20 calls free)

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) :

₹15 per scrip

DP Charges (on sell side) :

0.04% of transaction value (minimum Rs 27)

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Physical contract note: ₹40 | Physical Ledger: ₹40


MyValueTrade vs Reliance Securities Features

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

MyValueTrade Reliance Securities
Trading Platform Trading Platform :

OMNESYS NEST

Trading Platform :

Tic PC, Tick Web, Tick Pro mobile app

Placing orders through charts Placing orders through charts : - Placing orders through charts :

yes

Trading Alerts Trading Alerts : - Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives : - Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers :

Option strategies, R Model Portfolio

Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) : - Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) : - Margin Against Shares (Equity F&O) :

Yes


MyValueTrade vs Reliance Securities Demat Account Charges

A comparative table of various demat account charges between MyValueTrade and Reliance Securities is below:

MyValueTrade Reliance Securities
Depository Service Provider Depository Service Provider : - Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee : - Account Opening Fee :

₹950

Advance Deposit Advance Deposit : - Advance Deposit :

Nil

AMC AMC : - AMC :

₹0

Dematerialisation Charges Dematerialisation Charges : - Dematerialisation Charges :

₹30 per request + ₹5 for each certificate

Rematerialisation Charges Rematerialisation Charges : - Rematerialisation Charges :

₹40 for 100 securities or a flat fee of ₹25 per certificate which ever is higher + postal charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) : - Transaction Charges (debit) :

₹15

Pledge Creation Charges Pledge Creation Charges : - Pledge Creation Charges :

₹0.05% of transaction value or minimum of ₹30 per ISIN

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges : - Pledge Creation Confirmation Charges :

₹0.05% of transaction value or minimum of ₹30 per ISIN

Pledge Invocation Charges Pledge Invocation Charges : - Pledge Invocation Charges :

₹0.05% of transaction value or minimum of ₹30 per ISIN

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Nil

Other Charges Other Charges : - Other Charges :

Additional account statements for Individuals/HUFs/ Corporate: ₹40 per Statement

For NRI / Foreign Nationals: ₹100 per Statement


MyValueTrade vs Reliance Securities Basic Details

MyValueTrade and and . Reliance Securities Year of Incorporation is 2006 and Total Number of Clients is 124338 and Total Number of Branches is 40 .

MyValueTrade Reliance Securities
Year of Incorporation Year of Incorporation : - Year of Incorporation :

2006

Active Exchange Memberships Active Exchange Memberships : - Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Demat Services Demat Services : - Demat Services :

No

Website Website : - Website :

https://www.rsec.co.in

Contact Details Contact Details : - Contact Details :

022-39886000

Total Number of Clients Total Number of Clients : - Total Number of Clients :

124338

Total Number of Branches Total Number of Branches : - Total Number of Branches :

40

Products * Products : - Products : -

MyValueTrade vs Reliance Securities Leverage

Leverage

MyValueTrade Reliance Securities
Equity Delivery Equity Delivery : - Equity Delivery :

Upto 3x with 21% interest per year

Equity Intraday Equity Intraday : - Equity Intraday :

Upto 10x

Equity Futures Equity Futures : - Equity Futures :

Upto 3x

Equity Options Equity Options : - Equity Options :

Nil

Currency Futures Currency Futures : - Currency Futures :

Nil

Currency Options Currency Options : - Currency Options :

Nil

Commodity Futures Commodity Futures : - Commodity Futures :

NA

Commodity Options Commodity Options : - Commodity Options : -
F&O (Eq, Curr, Comm) F&O (Eq, Curr, Comm) : - F&O (Eq, Curr, Comm) : -

MyValueTrade vs Reliance Securities Orders

Orders

MyValueTrade Reliance Securities
Cover Orders (CO) Cover Orders (CO) : - Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) : - Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) : - After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) : - Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) : - Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) : - Good Till Cancelled (GTC) :

Yes


MyValueTrade vs Reliance Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

MyValueTrade vs Reliance Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

MyValueTrade Reliance Securities
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP :

Rs.50,000 to 3,00,000


MyValueTrade vs Reliance Securities Product & Services

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

MyValueTrade Reliance Securities
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading : -
Margin Trading * Margin Trading : - Margin Trading : -
Call in Trade * Call in Trade : - Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges : -
Limit Order * Limit Order : - Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account : -
NRI Services * NRI Services : - NRI Services : -
SMS Alerts * SMS Alerts : - SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan : -
IPO Investment * IPO Investment : - IPO Investment : -
Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator : -
Margin Calculator * Margin Calculator : - Margin Calculator : -
Stop Loss Order * Stop Loss Order : - Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading : -
Market Trading * Market Trading : - Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading : -

MyValueTrade vs Reliance Securities Customer Services

MyValueTrade and Reliance Securities 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:

MyValueTrade Reliance Securities
Toll Free Number * Toll Free Number : - Toll Free Number : -
Live Chat Facility * Live Chat Facility : - Live Chat Facility : -
Email Facility * Email Facility : - Email Facility : -
Branch Offices * Branch Offices : - Branch Offices : -
Customer Care * Customer Care : - Customer Care : -
Community Service * Community Service : - Community Service : -
Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support : - 24/7 Support : -

MyValueTrade vs Reliance Securities Other Investement

MyValueTrade and Reliance Securities 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:

MyValueTrade Reliance Securities
Commodity Trading * Commodity Trading : - Commodity Trading : -
Investment in ETFs * Investment in ETFs : - Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds : - Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services : - Insurance Services : -
Banking Services * Banking Services : - Banking Services : -

MyValueTrade vs Reliance Securities Trading PlatForm

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

MyValueTrade Reliance Securities
Web Platform * Web Platform : - Web Platform : -
Android Mobile App * Android Mobile App : - Android Mobile App : -
Desktop Windows * Desktop Windows : - Desktop Windows : -
Desktop Mac * Desktop Mac : - Desktop Mac : -
I-Pad App * I-Pad App : - I-Pad App : -
Virtual Trading * Virtual Trading : - Virtual Trading : -
iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App : -
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