Reliance Money Vs MyValueTrade

Last updated on April 25th, 2016

Reliance MoneyMyValueTrade
ReviewRelianceMoney ReviewMyValueTrade Review
Type of BrokerFull Service BrokerDiscount Broker
Supported ExchangesBSE, NSEBSE, NSE, MCX & NCDEX
Trading Account Opening FeesRs 950NIL
Trading Account AMCNILNIL
Demat Account Opening FeesNILNIL
Demat Account AMCRs 200Rs 400 after second year
Brokerage Charges
Equity Delivery Brokerage0.5% to 0.08%Rs 10
Equity Intraday Brokerage0.05% to 0.005%Rs 10
Equity Futures Brokerage0.05% to 0.005%Rs 10
Equity Options BrokerageRs 70/lot to Rs 10/LotRs 10
Currency Futures Trading Brokerage0.04%Rs 10
Currency Options Trading BrokerageRs 40/lotRs 10
Commodity Trading BrokerageNARs 10
Minimum Brokerage Charges5 Paise/ShareNIL
Monthly Unlimited Plans
Rs 1,000/-
Transaction Charges
Equity Delivery0.0035%0.00325%
Equity Intraday0.0035%0.00325%
Equity Futures0.0033%0.003%
Equity Options0.063% on premium0.06% (On Premium)
Currency Futures0.017% (Sell side)0.0012%
Currency Options0.017% (Sell side on premium)0.042% (On Premium)
CommodityNANon-Agri: 0.0025%
Features
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
Good Till Cancelled (GTC)
SMS Alerts
Online Demo
Online Portfolio
Margin Funding
Trading PlatformInstaExpressMVT Trader
Intraday Square-off Time3.10PM3:20 PM
Investment Services
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
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
Tips/Recommendations
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

Above was the comparison of various Brokerage Charges and Others features of MyValueTrade and Reliance Money. Go Back to the comparison tool using the below button.

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