India Infoline (IIFL) Vs MyValueTrade - Broker Comparison

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Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

	Standard Plan	Per Order Executed	Fixed Monthly Plan
	India Infoline Limited	MyValueTrade
Trading Account Opening Fee	₹750	₹555	₹555
Trading Account AMC	₹0	₹0	₹0
Demat Account Opening Fee	₹555	₹0	₹0
Demat Account AMC *	₹300	₹400	₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	Standard Plan	Per Order Executed	Fixed Monthly Plan
	India Infoline Limited	MyValueTrade
Monthly Fee	NA	NA	₹1000 (unlimited trading)
Equity Delivery	0.50%	₹10	₹0
Equity Intraday	0.05%	₹10	₹0
Equity Future	0.05%	₹10	₹0
Equity Options	1% of premium or ₹100 per lot (whichever is high)	₹10	₹0
Currency Futures	0.05%	₹10	₹0
Currency Options	1% of premium or ₹100 per lot (whichever is high)	₹10	₹0
Commodity	0.05%	₹10	₹0

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

	Standard Plan	Per Order Executed	Fixed Monthly Plan
	India Infoline Limited	MyValueTrade
Equity Delivery	₹325	NSE ₹325 \| BSE ₹325	NSE ₹325 \| BSE ₹325
Equity Intraday	₹325	NSE ₹325 \| BSE ₹325	NSE ₹325 \| BSE ₹325
Equity Future *	₹210	NSE ₹300 \| BSE ₹150	NSE ₹300 \| BSE ₹150
Equity Options *	₹5100	NSE ₹6000 \| BSE ₹3500	NSE ₹6000 \| BSE ₹3500
Currency Futures *	₹210	NSE ₹120 \| BSE ₹100	NSE ₹120 \| BSE ₹100
Currency Options	₹5100	NSE ₹4200 \| BSE ₹1000	NSE ₹4200 \| BSE ₹1000

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.

	Standard Plan	Per Order Executed	Fixed Monthly Plan
	India Infoline Limited	MyValueTrade
Minimum Brokerage	₹0.05 per share	₹10 or .01% whichever is lower	₹10 or .01% whichever is lower
Call & Trade	-	₹20 per executed order	₹20 per executed order
DP Charges (on sell side)	0.04% (minimum ₹25 per debit transaction)	₹15 per scrip	₹15 per scrip
Other Miscellaneous Charges	-	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	Standard Plan	Per Order Executed	Fixed Monthly Plan
	India Infoline Limited	MyValueTrade
Depository Service Provider	CDSL	-	-
Account Opening Fee	Nil	-	-
Advance Deposite	Nil	-	-
AMC	₹400 + GST	-	-
Dematerialisation Charges	₹15 per certificate + ₹40 as postal charges	-	-
Rematerialisation Charges	₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier	-	-
Transaction Charges (Credit)	-	-	-
Transaction Charges (debit)	0.04% of the value of the transaction, subject to min ₹25 per instruction	-	-
Pledge Creation Charges	₹50	-	-
Pledge Creation Confirmation Charges	Nil	-	-
Pledge Invocation Charges	Nil	-	-
Failed Instruction Charges	Nil	-	-
Other Charges	Nil	-	-

Features

Compare key features offered the brokers.

	Standard Plan	Per Order Executed	Fixed Monthly Plan
	India Infoline Limited	MyValueTrade
Trading Platform	Trader terminal	OMNESYS NEST	OMNESYS NEST

ProStocks Vs

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FAQs

Do I need to maintain any minimum balance in my ProStocks Trading Account?

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account. Later on, you can transfer funds as per your trading requirements.

How much stamp duty I have to pay as a Maharashtra or a Rajasthan client?

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra and Rajasthan address. Maharashtra and Rajasthan clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.

Stamp Duty regulation has changed from 1st July 2020

Read more for RECENT STAMP DUTY RELATED CHANGES

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