MyValueTrade vs TradePlus (Compare MyValueTrade vs TradePlus)

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 TradePlus, Below comparison of MyValueTrade vs TradePlus 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 MyValueTrade vs TradePlus is given below:

MyValueTrade

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TradePlus

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	MyValueTrade	TradePlus

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	TradePlus : Tradeplus has all the things to become very successful in broking industry from very attractive brokerage plans, Margin funding and choice o >>> more
Find More Information about the Broker :	MyValueTrade : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	TradePlus : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	MyValueTrade : Discount Broker	TradePlus : Discount Broker
Promo/offers	MyValueTrade : N/A	TradePlus : Special Offer: Brokerage Free Equity delivery trading + Flat ₹9 per executed order for Intra-day and F&O Trades. Get the offer
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.	TradePlus : Lowest Flat and Flexi Brokerage Plans . Flat rate for stock trading Demat account services at a very low AMC charge of Rs. 90 per year. Margin funding Referral Program Good Brokerage & Margin Calculator
Disadvantage	MyValueTrade : MyValueTrade doesn't offer 3-in-1 account. They do not provide research reports, tips or suggestion to its traders.	TradePlus : Call n Trade charges are very high. INFINI ‐ Trading platform is not free. SMS charges with monthly plans Lot of hidden charges
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 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.	TradePlus : Lowest Flat and Flexi Brokerage Plans. Tradeplusonline has lowest refundable unlimited trading plans @ Rs 99 per month by category - Equity Option,Currency & Commodity. Direct Mutual Fund Investments possible. Possible to invest in IPO/Bond/GSEC Investments. Avail high Intra margins upto 80x and upto 50% Delivery funding. Referral Program. NRI Trading services available. Lowest Transaction charges in MCX Commodity segment - 400 Rs per crore. Facility to trade on whats-up chat app.

MyValueTrade vs TradePlus Account Opening & AMC Charges

MyValueTrade Trading Account Opening Fee is ₹555 and TradePlus Trading Account Opening Fee is ₹199 . MyValueTrade Demat Account AMC is ₹400 and TradePlus Demat Account AMC is ₹500 (5 years) .

	MyValueTrade	TradePlus
Trading Account Opening Fee	Trading Account Opening Fee : ₹555	Trading Account Opening Fee : ₹199
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹400	Demat Account AMC : ₹500 (5 years)
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

MyValueTrade vs TradePlus Brokerage Charges

MyValueTrade Brokerage Charges Equity Delivery is ₹0 and Equity Intraday is ₹0 and Equity Options is ₹0 . TradePlus Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is Lower of ₹9 per traded order or 0.01% and Equity Options is ₹9 per traded order .

	MyValueTrade		TradePlus
Plan Name	Plan Name : Fixed Monthly Plan	Plan Name : Per Order Executed	Plan Name : Basic Plan	Plan Name : Flat Zero brokerage Scheme
Equity Delivery	Equity Delivery : ₹0	Equity Delivery : ₹10	Equity Delivery : ₹0 (Free)	Equity Delivery : ₹0 (Free)
Equity Intraday	Equity Intraday : ₹0	Equity Intraday : ₹10	Equity Intraday : Lower of ₹9 per traded order or 0.01%	Equity Intraday : NA
Equity Future	Equity Future : ₹0	Equity Future : ₹10	Equity Future : ₹9 per traded order	Equity Future : ₹799 per month (unlimited trading)
Equity Options	Equity Options : ₹0	Equity Options : ₹10	Equity Options : ₹9 per traded order	Equity Options : ₹99 per month (unlimited trading)
Currency Futures	Currency Futures : ₹0	Currency Futures : ₹10	Currency Futures : ₹9 per traded order	Currency Futures : ₹99/month (unlimited trading) for futures & Option
Currency Options	Currency Options : ₹0	Currency Options : ₹10	Currency Options : ₹9 per traded order	Currency Options : ₹99/month (unlimited trading) for futures & Option
Monthly Fee	Monthly Fee : ₹1000 (unlimited trading)	Monthly Fee : NA	Monthly Fee : As per segment	Monthly Fee : As per segment
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : Interest 2% per month	Margin Trading : Interest 2% per month
Commodity Futures	Commodity Futures : ₹0	Commodity Futures : ₹10	Commodity Futures : ₹9 per traded order	Commodity Futures : ₹99/month (unlimited trading) for futures & Option
Commodity Options	Commodity Options : -	Commodity Options : -	Commodity Options : ₹9 per traded order	Commodity Options : ₹99/month (unlimited trading) for futures & Option

MyValueTrade vs TradePlus Transaction Charges (Per Crore)

MyValueTrade Transaction Charges (Per Crore) Equity Future is NSE ₹300 | BSE ₹150 and Equity Options is NSE ₹6000 | BSE ₹3500 . TradePlus Transaction Charges (Per Crore) Equity Future is ₹350 per crore (0.0035%) and Equity Options is ₹7500 per crore (0.075%)(on premium) .

	MyValueTrade	TradePlus
Equity Delivery	Equity Delivery : NSE ₹325 \| BSE ₹325	Equity Delivery : ₹330 per crore (0.0033%) (each side)
Equity Intraday	Equity Intraday : NSE ₹325 \| BSE ₹325	Equity Intraday : ₹330 per crore (0.0033%) (sale side)
Equity Future *	Equity Future : NSE ₹300 \| BSE ₹150	Equity Future : ₹350 per crore (0.0035%)
Equity Options *	Equity Options : NSE ₹6000 \| BSE ₹3500	Equity Options : ₹7500 per crore (0.075%)(on premium)
Currency Futures *	Currency Futures : NSE ₹120 \| BSE ₹100	Currency Futures : ₹165 per crore (0.00165%)
Currency Options	Currency Options : NSE ₹4200 \| BSE ₹1000	Currency Options : ₹6000 (on premium) per crore (0.06%)
Commodity	Commodity : MCX ₹250	Commodity : ₹400 (0.004%)

MyValueTrade vs TradePlus Other Charges

MyValueTrade Minimum Brokerage is ₹10 or .01% whichever is lower and Call & Trade is ₹20 per executed order . TradePlus and Call & Trade is Flat ₹75 per day .

	MyValueTrade	TradePlus
Minimum Brokerage	Minimum Brokerage : ₹10 or .01% whichever is lower	Minimum Brokerage : -
Call & Trade	Call & Trade : ₹20 per executed order	Call & Trade : Flat ₹75 per day
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : (On buy side only) Delivery: 0.015%, Intraday: 0.03%, Equity F&O: 0.002%, Commodity F&O: 0.002% and Currency F&O: 0.0001%.
DP Charges (on sell side)	DP Charges (on sell side) : ₹15 per scrip	DP Charges (on sell side) : 0.03% / minimum of ₹25 & Maximum of ₹250/ Trans.
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month

MyValueTrade vs TradePlus Features

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

	MyValueTrade	TradePlus
Trading Platform	Trading Platform : OMNESYS NEST	Trading Platform : INFINI TRADING SOLUTIONS (ITS), Rocket, INFINI MF
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : -
Trading Alerts	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : -	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : Yes
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 TradePlus Demat Account Charges

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

	MyValueTrade	TradePlus
Depository Service Provider	Depository Service Provider : -	Depository Service Provider : NSDL,CDSL
Account Opening Fee	Account Opening Fee : -	Account Opening Fee : ₹199
Advance Deposit	Advance Deposit : -	Advance Deposit : NIL
AMC	AMC : -	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : -	Dematerialisation Charges : ₹50 per DRF (up to 5 Certificates)
Rematerialisation Charges	Rematerialisation Charges : -	Rematerialisation Charges : ₹15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : ₹0
Transaction Charges (debit)	Transaction Charges (debit) : -	Transaction Charges (debit) : 0.02% (subject to a max of ₹200 per transaction)
Pledge Creation Charges	Pledge Creation Charges : -	Pledge Creation Charges : 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction.
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction.
Pledge Invocation Charges	Pledge Invocation Charges : -	Pledge Invocation Charges : 0.02% of the value of the securities pledged, subject to minimum of ₹50 per Transaction.
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : ₹15 per transaction
Other Charges	Other Charges : -	Other Charges : -

MyValueTrade vs TradePlus Basic Details

MyValueTrade and and . TradePlus Year of Incorporation is 1995 and Total Number of Clients is 21077 and .

	MyValueTrade	TradePlus
Year of Incorporation	Year of Incorporation : -	Year of Incorporation : 1995
Active Exchange Memberships	Active Exchange Memberships : -	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : -	Demat Services : No
Website	Website : -	Website : https://www.tradeplusonline.com/
Contact Details	Contact Details : -	Contact Details : 044-49427576
Total Number of Clients	Total Number of Clients : -	Total Number of Clients : 21077
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : -
Products *	Products : -	Products : Infini Web, Infini Power, TradePlus Mobile

MyValueTrade vs TradePlus Leverage

Leverage

	MyValueTrade	TradePlus
Equity Delivery	Equity Delivery : -	Equity Delivery : Upto 4X
Equity Intraday	Equity Intraday : -	Equity Intraday : Upto 33X
Equity Futures	Equity Futures : -	Equity Futures : Intraday leverage 2X \| Cover Order Margin 3%
Equity Options	Equity Options : -	Equity Options : Intraday Leverage of 2X
Currency Futures	Currency Futures : -	Currency Futures : Intraday Leverage of 2X
Currency Options	Currency Options : -	Currency Options : 1X
Commodity Futures	Commodity Futures : -	Commodity Futures : Intraday Leverage of 2X
Commodity Options	Commodity Options : -	Commodity Options : -
F&O (Eq, Curr, Comm)	F&O (Eq, Curr, Comm) : -	F&O (Eq, Curr, Comm) : -

MyValueTrade vs TradePlus Orders

Orders

	MyValueTrade	TradePlus
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) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : -	After Market Orders (AMO) : Yes
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 TradePlus Research and Advice / Trading Tips

Research and Advice / Trading Tips

	MyValueTrade	TradePlus
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : Yes
Comparison *	Comparison : -	Comparison : Yes
Free Tips *	Free Tips : -	Free Tips : Yes
Daily Market report *	Daily Market report : -	Daily Market report : No
ETF research *	ETF research : -	ETF research : Yes
Quarterly Results *	Quarterly Results : -	Quarterly Results : -

MyValueTrade vs TradePlus Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	MyValueTrade	TradePlus
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : -

MyValueTrade vs TradePlus Product & Services

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

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

MyValueTrade vs TradePlus Customer Services

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

MyValueTrade vs TradePlus Other Investement

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

MyValueTrade vs TradePlus Trading PlatForm

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

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