AxisDirect Vs MyValueTrade

Axis Direct MyValueTrade
ReviewAxisDirect ReviewMyValueTrade Review
Type of Broker3-in-1 Full Service BrokerDiscount Broker
Supported ExchangesBSE, NSE BSE, NSE, MCX & NCDEX
Trading Account Opening FeesRs 900NIL
Trading Account AMCNILNIL
Demat Account Opening FeesNILNIL
Demat Account AMCRs 500Rs 400 after second year
Brokerage Charges
Equity Delivery Brokerage0.50%Rs 10
Equity Intraday Brokerage0.05%Rs 10
Equity Futures Brokerage0.05% Rs 10
Equity Options BrokerageRs 100 per lotRs 10
Currency Futures Trading Brokerage0.050%Rs 10
Currency Options Trading BrokerageRs 100 per lotRs 10
Commodity Trading BrokerageNARs 10
Minimum Brokerage ChargesRs 20 per tradeNIL
Monthly Unlimited Plans
Rs 1,000/-
Transaction Charges
Equity DeliveryNSE: 0.00325%0.00325%
Equity IntradayNSE: 0.00325%0.00325%
Equity Futures0.0019%0.003%
Equity Options0.05% on Premium0.06% (On Premium)
Currency Futures0.0019%0.0012%
Currency Options0.05% on Premium0.042% (On Premium)
CommodityNANon-Agri: 0.0025%
3 in 1 Account
Mobile Trading
Automated Trading
After Trading Hour Orders
Good Till Cancelled (GTC)
SMS Alerts
Online Demo
Online Portfolio
Margin Funding
Trading PlatformDirectTrade, SwiftTradeMVT Trader
Intraday Square-off Time3:15 PM3:20 PM
Investment Services
Stock / Equity
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Customer Service Channels
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Research Reports/Tips/Recommendations
Daily Market Report
Quarterly Result Analysis
News Alerts
Promotional Offers
  • NIL
  • Free Account Opening
  • Free Call-N –Trade
  • Margin for Delivery
  • Free pay-in with 45 Major Banks

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