Religare vs MyValueTrade
Religare vs MyValueTrade - side-by-side comparison . Compare
Religare vs MyValueTrade brokerage, charges, exposure margin, demat account. Read
Religare vs MyValueTrade review.
Detailed comparison
Religare vs MyValueTrade and find out which is better in
Religare vs MyValueTrade .
Account Opening & AMC Charges
Account opening charges and annual maintenance charges (AMC)
|
Religare |
MyValueTrade |
|
Standard Plan |
Trading Account Opening Fee
|
₹500 |
Demat Account Opening Fee
|
₹0 |
Demat Account AMC *
|
₹400 (Free for 1st year) |
Trading Account AMC |
₹0 |
Brokerage Charges
Compare the commission charged by the brokers for the trades executed
|
Religare |
MyValueTrade |
|
Standard Plan |
Equity Delivery |
0.50% |
Equity Intraday |
0.05% |
Equity Future |
0.05% |
Equity Options |
₹70 per lot |
Currency Futures |
0.05% |
Currency Options |
₹30 per lot |
Monthly Fee |
NA |
Commodity |
0.05% |
Contact Broker
Request Call Back
|
Religare |
MyValueTrade |
Contact / Request Call Back |
|
|
Transaction Charges (Per Crore)
Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)
|
Religare |
MyValueTrade |
|
Standard Plan |
Equity Delivery |
₹370 |
Equity Intraday |
₹370 |
Equity Future *
|
₹400 |
Equity Options *
|
₹6000 |
Currency Futures *
|
₹400 |
Currency Options |
₹6000 |
Other Charges
Miscellaneous charges, minimum fees and add-on service rates.
|
Religare |
MyValueTrade |
|
Standard Plan |
Minimum Brokerage |
₹10 per executed order (max Rs 50 per day) |
Call & Trade |
₹10 per executed order (max Rs 50 per day) |
Stamp Duty *
|
Charges as per the state of residence |
DP Charges (on sell side) |
₹12 + ₹5.5 (CDSL) per scrip |
Other Miscellaneous Charges
|
-
|
Features
Key features offered by the brokers.
|
Religare |
MyValueTrade |
|
Standard Plan |
Trading Platform |
Odin Diet web, desktop and mobile app |
Placing orders through charts
|
No |
Trading Alerts
|
No |
Research and Advice / Trading Tips
|
Yes |
Detailed Education Initiatives
|
No |
Unique features & Offers
|
MF and EMI calculators |
Referral Program
|
NA |
Demat Account Charges
Find charges for the best Demat Account for small investors
|
Religare |
MyValueTrade |
|
Standard Plan |
Depository Service Provider |
CDSL and NSDL |
Account Opening Fee |
NIL |
Advance Deposit
|
₹500 |
AMC |
Client opting for digital statement: ₹300 per annum
Client opting for physical statement: ₹400 per annum |
Dematerialisation Charges |
₹2 per certificate + ₹30 Courier Charges |
Rematerialisation Charges |
₹20 per certificate + CDSL Charges + ₹30 Courier Charges |
Transaction Charges (Credit) |
-
|
Transaction Charges (debit) |
Delivery given to Religare Pool Account: ₹15 (Client with POA Religare), ₹25 (Client without POA Religare)
Any other Account: ₹30 per debit or 0.02% of the value of transaction whichever is higher |
Pledge Creation Charges |
₹50 per request or 0.02% of the value of securities whichever is higher ₹50 per request or 0.02% of the value of securities whichever is higher |
Pledge Creation Confirmation Charges |
₹50 per request or 0.02% of the value of securities whichever is higher |
Pledge Invocation Charges |
₹50 per request or 0.02% of the value of securities whichever is higher |
Failed Instruction Charges |
Nil |
Other Charges |
Demat Rejection Charges ₹30 per rejection.
Delivery Instruction Booklet ₹1 per leaflet. |
Basic Details
Basic Details of Brokers
|
Religare |
MyValueTrade |
|
Standard Plan |
Year of Incorporation
|
1986 |
Active Exchange Memberships |
NSE, BSE, MCX, NCDEX |
Demat Services |
NSDL & CDSL |
Website |
https://www.religareonline.com |
Contact Details |
011-39125000 |
Total Number of Clients |
1,54,300+ |
Total Number of Branches |
1500+ |
Charts and Data
Charts and Data
|
Religare |
MyValueTrade |
|
Standard Plan |
Live data source |
NSE, BSE, MCX |
Advanced Charting tools |
No |
Multi-Chart Setup |
Yes |
No.of indicators |
30 |
No.of charts can be opened |
2 |
Live Scanners |
Yes |
Customizable screeners |
No |
Trading from charts |
No |
Compare Symbol performance on Chart |
No |
Options charts |
Yes |
Continuous futures charts |
Yes |
Intraday historical data for charts |
10 days |
End of Day historical data for charts |
5 years |
Corporate action adjusted charts |
No |
Back Testing |
No |
Options Chain |
Yes |
Heat Maps |
Yes |
Analytics |
No |
Price Ladder |
No |
Leverage
Leverage
|
Religare |
MyValueTrade |
|
Standard Plan |
Equity Delivery |
-
|
Equity Intraday |
-
|
Equity Futures |
-
|
Equity Options |
-
|
Currency Futures |
-
|
Currency Options |
-
|
Commodity Futures |
-
|
Commodity Options |
-
|
Orders
Orders
|
Religare |
MyValueTrade |
|
Standard Plan |
Cover Orders (CO) |
No |
Bracket orders / One Cancels Other (BO / OCO) |
No |
After Market Orders (AMO) |
No |
Franchisee / Authorized Person related information
Franchisee / Authorized Person related information
|
Religare |
MyValueTrade |
|
Standard Plan |
Availability for franchisee / AP |
Yes |
Investment required for Franchisee / AP |
Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh) |
|
|
|