MyValueTrade Vs SAMCO Securities - Broker Comparison

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Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

	Per Order Executed	Fixed Monthly Plan	Fix Brokerage Plan
	MyValueTrade		SAMCO Securities
Trading Account Opening Fee	₹555	₹555	Nil
Trading Account AMC	₹0	₹0	Nil
Demat Account Opening Fee	₹0	₹0	Nil
Demat Account AMC *	₹400	₹400	₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	Per Order Executed	Fixed Monthly Plan	Fix Brokerage Plan
	MyValueTrade		SAMCO Securities
Monthly Fee	NA	₹1000 (unlimited trading)	NA
Equity Delivery	₹10	₹0	₹20 per executed order or 0.2% whichever is lower
Equity Intraday	₹10	₹0	₹20 per executed order or 0.02% of gross turnover whichever is lower
Equity Future	₹10	₹0	₹20 per executed order or 0.02% of gross turnover whichever is lower
Equity Options	₹10	₹0	₹20 per executed order or 0.02% of notional turnover whichever is lower
Currency Futures	₹10	₹0	₹20
Currency Options	₹10	₹0	₹20
Commodity	₹10	₹0	-

Transaction Charges (Per Crore)

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

	Per Order Executed	Fixed Monthly Plan	Fix Brokerage Plan
	MyValueTrade		SAMCO Securities
Equity Delivery	NSE ₹325 \| BSE ₹325	NSE ₹325 \| BSE ₹325	₹325
Equity Intraday	NSE ₹325 \| BSE ₹325	NSE ₹325 \| BSE ₹325	₹325
Equity Future *	NSE ₹300 \| BSE ₹150	NSE ₹300 \| BSE ₹150	₹210
Equity Options *	NSE ₹6000 \| BSE ₹3500	NSE ₹6000 \| BSE ₹3500	₹5300
Currency Futures *	NSE ₹120 \| BSE ₹100	NSE ₹120 \| BSE ₹100	₹135
Currency Options	NSE ₹4200 \| BSE ₹1000	NSE ₹4200 \| BSE ₹1000	₹4400

Other Charges

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

	Per Order Executed	Fixed Monthly Plan	Fix Brokerage Plan
	MyValueTrade		SAMCO Securities
Minimum Brokerage	₹10 or .01% whichever is lower	₹10 or .01% whichever is lower	Nil
Call & Trade	₹20 per executed order	₹20 per executed order	₹20 per executed order
DP Charges (on sell side)	₹15 per scrip	₹15 per scrip	₹10 + CDSL Charges
Other Miscellaneous Charges	-	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	Per Order Executed	Fixed Monthly Plan	Fix Brokerage Plan
	MyValueTrade		SAMCO Securities
Depository Service Provider	-	-	CDSL
Account Opening Fee	-	-	Only Franking Charges
Advance Deposite	-	-	NIL
AMC	-	-	₹400 for Individual & ₹800 for Corporate.
Dematerialisation Charges	-	-	₹10 per Certificate plus Courier Charges ₹50 per request
Rematerialisation Charges	-	-	Actual CDSL charges plus Courier charges ₹50 per request.
Transaction Charges (Credit)	-	-	Nil
Transaction Charges (debit)	-	-	₹10 per transaction in same DP & 0.02% per transaction & minimum ₹25 for other DP
Pledge Creation Charges	-	-	₹25 per transaction
Pledge Creation Confirmation Charges	-	-	Nil
Pledge Invocation Charges	-	-	₹25 per transaction
Failed Instruction Charges	-	-	Nil
Other Charges	-	-	GST on all charges (excluding franking charges)

Features

Compare key features offered the brokers.

	Per Order Executed	Fixed Monthly Plan	Fix Brokerage Plan
	MyValueTrade		SAMCO Securities
Trading Platform	OMNESYS NEST	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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