MyValueTrade Vs Wisdom Capital - 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	Freedom Plan
	MyValueTrade		Wisdom Capital Company Ltd.
Trading Account Opening Fee	₹555	₹555	₹0
Trading Account AMC	₹0	₹0	₹0
Demat Account Opening Fee	₹0	₹0	₹0
Demat Account AMC *	₹400	₹400	₹999 (Lifetime)

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	Per Order Executed	Fixed Monthly Plan	Freedom Plan
	MyValueTrade		Wisdom Capital Company Ltd.
Monthly Fee	NA	₹1000 (unlimited trading)	NA
Equity Delivery	₹10	₹0	₹0
Equity Intraday	₹10	₹0	₹0
Equity Future	₹10	₹0	₹0
Equity Options	₹10	₹0	₹0
Currency Futures	₹10	₹0	₹0
Currency Options	₹10	₹0	₹0
Commodity	₹10	₹0	-

Transaction Charges (Per Crore)

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

	Per Order Executed	Fixed Monthly Plan	Freedom Plan
	MyValueTrade		Wisdom Capital Company Ltd.
Equity Delivery	NSE ₹325 \| BSE ₹325	NSE ₹325 \| BSE ₹325	₹325 Per Cr
Equity Intraday	NSE ₹325 \| BSE ₹325	NSE ₹325 \| BSE ₹325	₹325 Per Cr
Equity Future *	NSE ₹300 \| BSE ₹150	NSE ₹300 \| BSE ₹150	₹210 Per Cr
Equity Options *	NSE ₹6000 \| BSE ₹3500	NSE ₹6000 \| BSE ₹3500	₹5900 Per Cr
Currency Futures *	NSE ₹120 \| BSE ₹100	NSE ₹120 \| BSE ₹100	₹135 Per Cr
Currency Options	NSE ₹4200 \| BSE ₹1000	NSE ₹4200 \| BSE ₹1000	₹5200 Per Cr

Other Charges

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

	Per Order Executed	Fixed Monthly Plan	Freedom Plan
	MyValueTrade		Wisdom Capital Company Ltd.
Minimum Brokerage	₹10 or .01% whichever is lower	₹10 or .01% whichever is lower	Null
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	₹15
Other Miscellaneous Charges	-	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	Per Order Executed	Fixed Monthly Plan	Freedom Plan
	MyValueTrade		Wisdom Capital Company Ltd.
Depository Service Provider	-	-	NSDL
Account Opening Fee	-	-	Nil
Advance Deposite	-	-	Nil
AMC	-	-	₹999 (Lifetime)
Dematerialisation Charges	-	-	₹20
Rematerialisation Charges	-	-	₹20 per 100 securities
Transaction Charges (Credit)	-	-	₹0
Transaction Charges (debit)	-	-	₹15
Pledge Creation Charges	-	-	₹50
Pledge Creation Confirmation Charges	-	-	-
Pledge Invocation Charges	-	-	₹50
Failed Instruction Charges	-	-	₹20 per request
Other Charges	-	-	-

Features

Compare key features offered the brokers.

	Per Order Executed	Fixed Monthly Plan	Freedom Plan
	MyValueTrade		Wisdom Capital Company Ltd.
Trading Platform	OMNESYS NEST	OMNESYS NEST	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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