Compare Sharekhan
Sharekhan
Myvaluetrade
Myvaluetrade

Background

Year of Incorporation 2000 1985 as Master Capital Services Ltd.
Website http://www.sharekhan.com http://www.myvaluetrade.com
Phone 022-61150000 +91- 84678 84678
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 87.5 Crores Rs 7.6 crores
Profit after Tax FY12/13 Rs 107 Crores Rs 10.48 crores
Profit after Tax FY13/14 Rs 9.05 crores
Profit after Tax FY 14/15 Rs 13 Crores
Profit after Tax FY 15/16
Debt FY11/12 Rs 335.1 Crores   Rs 51 Crores  
Debt FY12/13 Rs 335.1 Crores   Rs 41.5 Crores  
Debt FY13/14 0
Debt FY14/15 0
Debt FY15/16
Profit to Equity(%) FY11/12 19.86 62.90
Profit to Equity(%) FY12/13 16.04 12.38
Profit to Equity(%) FY13/14 17
Profit to Equity(%) FY14/15 19
Profit to Equity(%) FY15/16
Balance Sheet Size FY11/12 Rs 1689 Crores Rs 304 Crores
Balance Sheet Size FY12/13 Rs 1636 Crores Rs 296.15 Crores
Balance Sheet Size FY13/14 Rs 1303 Crores
Balance Sheet Size FY14/15 Rs 1559 Crores
Balance Sheet Size FY15/16
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 2,74,777 28,596
Active clients - 2014 3,42,592 34,161
Active clients - 2015 3,35,843 32,003
Active clients - 2016 3,50,509 33,034
Active clients Rating


Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower
Equity Futures 0.03% of Turnover - Negotiable Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower
Equity Options Rs 50/lot - Negotiable Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Currency Futures 0.03% of Turnover- Negotiable Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Currency Options Rs 20/lot- Negotiable Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Commodity 0.03% of Turnover- Negotiable Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Brokerage Rating


Account Opening Costs

Trading only NA NA
Trading & Demat Rs 500 which will be adjusted with brokerage Rs. 555
Commodity Nil Rs. 555
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325%
Futures 0.0021% of Turnover 0.0035%  
Options 0.055% of Premium Turnover 0.07%  
Commodities 0.0027% of Turnover 0.004%
AMC charge Rs 400/year Rs. 400
DP Transaction Charge Rs 30 or 0.03% whichever is higher Rs.15 within DP Rs.25 Outside DP
Offline order placing Charge Nil Rs 25
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 30 Days 22 days
End of Day 10 Years 10 days
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged) Upto 5 times for intraday
Equity Futures Upto 2 times for Intraday Upto 2 times for intraday
Equity Options No Leverage No leverage
Currency Futures No Leverage Upto 2 times for intraday
Currency Options No Leverage No leverage
Commodity Upto 2 times for Intraday Upto 2 times for intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review