SBI Securities Vs MyValueTrade - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

SBICAP Securities Ltd MyValueTrade
eZ-trade Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹850 ₹555 ₹555
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹350 ₹400 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

SBICAP Securities Ltd MyValueTrade
eZ-trade Per Order Executed Fixed Monthly Plan
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 ₹100 per lot ₹10 ₹0
Currency Futures 0.03% ₹10 ₹0
Currency Options ₹30 per lot ₹10 ₹0
Commodity NA ₹10 ₹0

Transaction Charges (Per Crore)

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

SBICAP Securities Ltd MyValueTrade
eZ-trade Per Order Executed Fixed Monthly Plan
Equity Delivery NSE ₹386 | BSE ₹384 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday NSE ₹386 | BSE ₹384 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * NSE ₹221 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * NSE ₹5515 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * NSE ₹221 NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options NSE ₹5515 NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000

Other Charges

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

SBICAP Securities Ltd MyValueTrade
eZ-trade Per Order Executed Fixed Monthly Plan
Minimum Brokerage 5 paisa for Eq Cash | 1 paisa for Eq future ₹10 or .01% whichever is lower ₹10 or .01% whichever is lower
Call & Trade ₹10 per call after first 30 free calls ₹20 per executed order ₹20 per executed order
DP Charges (on sell side) 0.01% (Minimum ₹21, Maximum ₹300) ₹15 per scrip ₹15 per scrip
Other Miscellaneous Charges - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

SBICAP Securities Ltd MyValueTrade
eZ-trade Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL - -
Account Opening Fee

Nil

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Advance Deposite

Nil

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AMC

Individual Account with POA: ₹400 (₹350 for e-statement)

Individual Account without POA: ₹700

Corporate Account with POA: ₹800

Individual Account without POA: ₹1700

BSDA Account: DP holding < 50,000: Nil, DP holding > 50,000 <=2 Lac ₹100

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Dematerialisation Charges

₹5 per cert + ₹35 courier charges per request

- -
Rematerialisation Charges

₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity

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Transaction Charges (Credit) - - -
Transaction Charges (debit)

Through POA - 0.01% of the transaction value (Minimum of ₹21 and Maximum of ₹300) per ISIN

Through DIS - 0.04% of the transaction value (Minimum of ₹30) per ISIN

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Pledge Creation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

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Pledge Creation Confirmation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

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Pledge Invocation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

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Failed Instruction Charges

₹10 per failed instruction.

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Other Charges - - -

Features

Compare key features offered the brokers.

SBICAP Securities Ltd MyValueTrade
eZ-trade Per Order Executed Fixed Monthly Plan
Trading Platform ODIN OMNESYS NEST OMNESYS NEST

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