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Indiabulls Vs MyValueTrade - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

Indiabulls Ventures Limited MyValueTrade
Power Indiabulls Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹750 ₹555 ₹555
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹400 ₹400 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Indiabulls Ventures Limited MyValueTrade
Power Indiabulls Per Order Executed Fixed Monthly Plan
Monthly Fee NA NA ₹1000 (unlimited trading)
Equity Delivery 0.30% ₹10 ₹0
Equity Intraday 0.03% ₹10 ₹0
Equity Future 0.03% ₹10 ₹0
Equity Options ₹100 per lot ₹10 ₹0
Currency Futures 0.03% ₹10 ₹0
Currency Options ₹100 per lot ₹10 ₹0
Commodity 0.03% ₹10 ₹0

Transaction Charges (Per Crore)

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

Indiabulls Ventures Limited MyValueTrade
Power Indiabulls Per Order Executed Fixed Monthly Plan
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.

Indiabulls Ventures Limited MyValueTrade
Power Indiabulls Per Order Executed Fixed Monthly Plan
Minimum Brokerage 3 Paisa 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) ₹10 per transaction or 0.02% of the transaction value (whichever is higher) ₹15 per scrip ₹15 per scrip
Other Miscellaneous Charges - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

Indiabulls Ventures Limited MyValueTrade
Power Indiabulls Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL - -
Account Opening Fee

Nil

 - -
Advance Deposite

Nil

 - -
AMC

₹450 p.a.

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Dematerialisation Charges

₹1 per Certificate (max ₹250 )+ ₹25 for courier

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

On-Market ₹10 Flat, For NRI/OCB ₹15 or .02% of the transaction value (whichever is higher)

Off-Market ₹15 or .02% of the transaction value (whichever is higher).

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Pledge Creation Charges

₹25 or .02% of the transaction value(whichever is higher)

 - -
Pledge Creation Confirmation Charges

₹25 or .02% of the transaction value(whichever is higher)

 - -
Pledge Invocation Charges

₹25 or .02% of the transaction value(whichever is higher)

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Failed Instruction Charges

₹20 Per Instruction

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Other Charges

Fax Indemnity - Actual

Demat Rejection - ₹20 + Courier Charges

Renewal charges for resuming the Services - ₹100 per account.

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Features

Compare key features offered the brokers.

Indiabulls Ventures Limited MyValueTrade
Power Indiabulls Per Order Executed Fixed Monthly Plan
Trading Platform Power Indiabulls 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