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MyValueTrade Vs Karvy - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


MyValueTrade Karvy Stock Broking Ltd
Per Order Executed Fixed Monthly Plan Retail Brokerage Plan Premium Subscription Plan
Trading Account Opening Fee ₹555 ₹555 ₹0 ₹0
Trading Account AMC ₹0 ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0 ₹0
Demat Account AMC * ₹400 ₹400 ₹500 ₹500

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


MyValueTrade Karvy Stock Broking Ltd
Per Order Executed Fixed Monthly Plan Retail Brokerage Plan Premium Subscription Plan
Monthly Fee NA ₹1000 (unlimited trading) NA Rs 100000 per year
Equity Delivery ₹10 ₹0 0.30% 0.10%
Equity Intraday ₹10 ₹0 0.03% 0.01%
Equity Future ₹10 ₹0 0.03% 0.01%
Equity Options ₹10 ₹0 ₹30 per lot ₹10 per lot
Currency Futures ₹10 ₹0 0.03% 0.01%
Currency Options ₹10 ₹0 ₹30 per lot ₹10 per lot
Commodity ₹10 ₹0 0.03% 0.01%

Transaction Charges (Per Crore)

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


MyValueTrade Karvy Stock Broking Ltd
Per Order Executed Fixed Monthly Plan Retail Brokerage Plan Premium Subscription Plan
Equity Delivery NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 ₹325 ₹325
Equity Intraday NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 ₹325 ₹325
Equity Future * NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150 ₹230 ₹230
Equity Options * NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500 ₹5500 ₹5500
Currency Futures * NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100 ₹325 ₹325
Currency Options NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000 - -

Other Charges

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


MyValueTrade Karvy Stock Broking Ltd
Per Order Executed Fixed Monthly Plan Retail Brokerage Plan Premium Subscription Plan
Minimum Brokerage ₹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) ₹15 per scrip ₹15 per scrip - -
Other Miscellaneous Charges - - - -

Demat Account Charges

Find charges for the best Demat Account for small investors


MyValueTrade Karvy Stock Broking Ltd
Per Order Executed Fixed Monthly Plan Retail Brokerage Plan Premium Subscription Plan
Depository Service Provider - - CDSL CDSL
Account Opening Fee - -

Nil

Nil

Advance Deposite - -

Nil

Nil

AMC - -

Individuals Account (other than NRI): ₹500 per year

NRI Account: ₹1500 per year

Corporate Account: ₹5,000 per year

Foreign Corporate Body Account: ₹10,000 per year

Individuals Account (other than NRI): ₹500 per year

NRI Account: ₹1500 per year

Corporate Account: ₹5,000 per year

Foreign Corporate Body Account: ₹10,000 per year

Dematerialisation Charges - -

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

Rematerialisation Charges - -

₹20 for every 100 securities or ₹20 per certificate whichever is higher

₹20 for every 100 securities or ₹20 per certificate whichever is higher

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

Sold through Karvy (for Karvy POA registered Account): ₹12 per instruction

For all other transactions ₹30 per instruction upto a value of ₹30,000 or part thereof, ₹10 for every additional value of ₹30,000 or part thereof, subject to Minimum of ₹30 and Maximum of ₹1000 per instruction;

For BSDA Accounts: ₹100 per instruction;

For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum ₹100 per instructio

Sold through Karvy (for Karvy POA registered Account): ₹12 per instruction

For all other transactions ₹30 per instruction upto a value of ₹30,000 or part thereof, ₹10 for every additional value of ₹30,000 or part thereof, subject to Minimum of ₹30 and Maximum of ₹1000 per instruction;

For BSDA Accounts: ₹100 per instruction;

For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum ₹100 per instructio

Pledge Creation Charges - -

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Creation Confirmation Charges - -

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Invocation Charges - -

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Failed Instruction Charges - -

₹100 per instruction

₹100 per instruction

Other Charges - -

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

Features

Compare key features offered the brokers.


MyValueTrade Karvy Stock Broking Ltd
Per Order Executed Fixed Monthly Plan Retail Brokerage Plan Premium Subscription Plan
Trading Platform OMNESYS NEST OMNESYS NEST OMNESYS NEST OMNESYS NEST

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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 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