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Zerodha Vs MyValueTrade - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


Zerodha MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹300 ₹555 ₹555
Brokerage Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹100 ₹0 ₹0
Demat Account AMC * ₹300 ₹400 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


Zerodha MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Monthly Fee NA NA ₹1000 (unlimited trading)
Equity Delivery ₹0 ₹10 ₹0
Equity Intraday ₹20 ₹10 ₹0
Equity Future ₹20 ₹10 ₹0
Equity Options ₹20 ₹10 ₹0
Currency Futures ₹20 ₹10 ₹0
Currency Options ₹20 ₹10 ₹0
Commodity ₹20 ₹10 ₹0

Transaction Charges (Per Crore)

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


Zerodha MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * NSE ₹210 | BSE ₹70 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * NSE ₹5300 | BSE ₹2700 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * NSE ₹135 NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options NSE ₹4400 NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000
Commodity Non-Agri ₹360 | Agri ₹275 MCX ₹250 MCX ₹250

Other Charges

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


Zerodha MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Minimum Brokerage NIL ₹10 or .01% whichever is lower ₹10 or .01% whichever is lower
Call & Trade Rs 20 per trade ₹20 per executed order ₹20 per executed order
Stamp Duty * - Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹13.5 per scrip ₹15 per scrip ₹15 per scrip

Features

Compare key features offered the brokers.


Zerodha MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Platform Pi, Kite, NEST OMNESYS NEST OMNESYS NEST

Demat Account Charges

Find charges for the best Demat Account for small investors


Zerodha MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL - -
Account Opening Fee

₹50 (POA Charges)

- -
Advance Deposite

Nil

- -
AMC

₹300 - Individual, ₹1000 - Non Individual

- -
Dematerialisation Charges

₹10 per certificate (subject to a minimum of ₹25 per ISIN) + ₹50 courier charges

- -
Rematerialisation Charges

₹15 per certificate (subject to a minimum of ₹50 per ISIN) + ₹50 courier charges + CDSL charges

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

On market: ₹8+5.5 (CDSL charges)

Off market: 0.03% of ₹25 whichever is higher

- -
Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

- -
Pledge Creation Confirmation Charges

Nil

- -
Pledge Invocation Charges

₹20

- -
Failed Instruction Charges

₹50 per instruction

- -
Other Charges

Cheque Bounce- ₹350

Physical Statement - ₹50 (Courier charges)

Modification in CML - ₹50 per request

- -

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FAQs

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.

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